MEDICAL ELASTOMERS MARKET ANALYSIS
High cost of silicone is expected to hinder growth of the global medical elastomers market. For instance, Wacker Silicones announced that silicones were going to see increased prices ‘on average by 30% or more.’ Both in 2021 and 2022, prices of products in its portfolio increased. Wacker increased global prices for silicones between 10% and 20% in April 2021.
Market Opportunities: Favorable Government Initiatives
Favorable government initiatives to provide high-quality healthcare facilities are expected to provide significant growth opportunities for players in the global medical elastomers market. For instance, in 2021, the Ministry of Health and Family Welfare (MoHFW), Government of India announced various plans to improve healthcare facilities in the country. The government also planned to invest USD 6,418 Mn in healthcare sector in the coming future.
Medical Elastomers Market Report Snapshots
Need a Custom Report?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize NowWant to Buy a Report but have a Limited Budget?
We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request Discount
Reliability and Reputation
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
U.S.: 
U.K. : 
India :