Middle East and Africa Medical Grade Silicone Market Size, Share, Trends, Growth and Forecast 2030

Middle East and Africa Medical Grade Silicone Industry Prospective:

The Middle East and Africa medical grade silicone market size was worth around USD 739.28 million in 2022 and is predicted to grow to around USD 1078.58 million by 2030 with a compound annual growth rate (CAGR) of roughly 4.83% between 2023 and 2030.

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The report analyzes the Middle East and Africa medical grade silicone market drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the Middle East and Africa medical grade silicone industry.

Middle East and Africa Medical Grade Silicone Market: Overview

Silicone is a synthetic polymer that is made of silicon, oxygen, carbon, and hydrogen. There are several characteristics associated with it making it suitable for various medical purposes. These attributes include biocompatibility, durability, and resistance to heat, chemicals, and aging. Medical-grade silicone refers to silicone specially produced to be used for medical applications and other healthcare purposes. The manufacturing process associated with medical-grade silicon is extremely intense since it has to meet several stringent regulatory requirements laid down by regional domestic and international regulatory bodies. The standards define the acceptable levels of impurities, biocompatibility, sterility, and other factors. The Middle East and Africa medical grade silicone industry in particular refers to the production and distribution of medical grade silicone used in these regions for medical purposes.

Key Insights:

• As per the analysis shared by our research analyst, the Middle East and Africa medical grade silicone market is estimated to grow annually at a CAGR of around 4.83% over the forecast period (2023-2030)
• In terms of revenue, the Middle East and Africa medical grade silicone market size was valued at around USD 739.28 million in 2022 and is projected to reach USD 1078.58 million, by 2030.
• The Middle East and Africa medical grade silicone market is projected to grow at a significant rate due to the growing healthcare infrastructure
• Based on application segmentation, medical devices were predicted to show maximum market share in the year 2022
• Based on type segmentation, liquid silicone rubbers (LSR) were the leading type in 2022
• On the basis of region, the Middle East was the leading revenue generator in 2022

Middle East and Africa Medical Grade Silicone Market: Growth Drivers

Growing healthcare infrastructure to drive market growth

The Middle East and Africa medical grade silicone market is expected to grow owing to the rising healthcare infrastructure in the Middle East and African countries. The former is home to many of the most advanced nations in the world and the medical architecture of regions such as the United Arab Emirates and Saudi Arabia are well defined. However, most African countries are plagued by severe economic slowdowns due to several reasons including social, political, and cultural factors. There have been growing efforts to improve healthcare expenditure in Africa. Several healthcare-related stakeholders from across the globe with the aid of international bodies such as the World Health Organization and International Monetary Fund have joined hands to improve the health status of the local population in these countries. On the other side, as reported by Alpen Capital, Dubai’s per capita healthcare spending stood at Dh 7,300 in 2020.

Middle East and Africa Medical Grade Silicone Market: Restraints

High cost of medical grade silicone to restrict market expansion

The regional market is projected to witness restricted growth owing to the high cost of medical grade silicone in these nations, especially African countries. Since medical grade silicone can be produced using only specialized manufacturing processes and has to undergo intense regulatory requirements, the expenses associated with the production and subsequent consumption of these forms of silicone can be extremely high. This makes it unaffordable for a large segment of the African population and for some regions in the Middle East.

Middle East and Africa Medical Grade Silicone Market: Opportunities

Rise in cosmetics and aesthetic procedures to provide growth opportunities

In recent times, the Middle East has witnessed a surging demand for cosmetic procedures that help in improving or enhancing the physical attributes of a person. Changing beauty standards in this region along with high disposable income allows more people to undergo such surgical processes. Medical grade silicone is used in several procedures such as reconstructive surgery. They are also during breast implants and facial implant processes. As per an official estimate, Dubai currently stands at the number 3 position in Middle Eastern countries for customers undergoing surgical cosmetic processes,

Middle East and Africa Medical Grade Silicone Market: Challenges

Lack of standardization to challenge the market expansion

Despite the existence of regulatory frameworks in the Middle East and Africa, there have been noted variations and inconsistencies in regulations across different countries. This can lead to manufacturers facing issues in terms of compliance and market access. It also impacts the harmonization of product standards which impedes growth. African expansion is further restricted due to limited research and development capabilities.

Middle East and Africa Medical Grade Silicone Market: Segmentation

The Middle East and Africa medical grade silicone market is segmented based on application, type, and region.

Based on application, the market segments are medical devices, prosthetics, orthopedic components, contact lenses, medical tapes, and others. The Middle East and African medical grade silicone industry were dominated by the medical devices segment in 2022 as it includes a wide range of products with regular usage in the healthcare sector across hospitals, clinics, and home care. Medical devices formulated using medical-grade silicone include implants, catheters, tubing, respiratory masks, wound dressings, seals and gaskets, surgical instruments, and many others. Flexibility and resistance to chemicals or heat are the main reasons for the growing use of these variants of silicone in the production of medical devices. As per a report by SciELO, cardiac surgeries in low to middle-income regions in Africa are performed at a rate of 0.5 operations per million. The number in the higher-income nations is 500 operations per million.

Based on type, the Middle East and Africa medical grade silicone market divisions are gels, medical coatings, medical adhesives, liquid silicone rubbers (LSR), and others. The highest CAGR was observed in the liquid silicone rubbers (LSR) segment. It is a versatile material and hence has larger applications. It is a two-part liquid silicone system that cures into a solid elastomer when exposed to heat. The main reasons for LSR being preferred in many medical applications include its biocompatibility, high chemical resistance, excellent purity, and higher stability at a range of temperatures. It can be molded into complex shapes and provides flexibility, durability, and softness, making it suitable for applications such as implants, catheters, tubing, seals, gaskets, and various other medical devices. Its unique properties and processing capabilities make it a preferred choice for many manufacturers in the regional medical industry. The Middle East and Africa healthcare industry is over USD 0.8 billion as of 2023.

Recent Developments:

• In October 2022, Eakin Surgical, a Cardiff-based medical device producer, announced its expansion in the Middle East. This is the first move by the company to enter this region and it has secured a contract with the aid of the Welsh Government. Eakin Surgical is well-regarded for the production of single-use surgical instruments. With this collaboration, the company will supply its products in regions such as Bahrain, Oman, Saudi Arabia, UAE, and Qatar
• In January 2023, at the Arab Health 2023, the Department of International Trade (DIT) from the UK, unveiled its program. During the 4-day fair, the healthcare leaders from the region and the UK government explored opportunities for partnerships and collaboration throughout the Gulf Cooperation Council (GCC). This program helped the UK strengthen its trade relationships in the Gulf economies

Middle East and Africa Medical Grade Silicone Market: Report Scope

Middle East and Africa Medical Grade Silicone Market: Regional Analysis

Middle East to witness higher growth

The Middle East and Africa medical grade silicone market is projected to witness higher growth in the Middle East as compared to Africa mainly due to the contributions of nations such as Saudi Arabia, United Arab Emirates (UAE), and Qatar that have significantly improved their spending in healthcare infrastructure and technology. Furthermore, the growing number of cosmetic and surgical processes which also attract customers from other parts of the world has played a significant role in driving the demand for medical-grade silicon in the Arab regions.

Other factors such as the prevalence of chronic diseases, increasing healthcare expenditure, and a growing population are causing high demand for medical devices in the Middle East. Sub-Saharan African regions are currently registering slow economic growth and this could directly impact industry expansion in associated nations. However, regulatory frameworks and standards for medical devices and materials are being strengthened in several countries, which may positively impact market growth and ensure the safety and quality of medical-grade silicone products.

Middle East and Africa Medical Grade Silicone Market: Competitive Analysis

The Middle East and Africa medical grade silicone market is led by players like:

• Dow Corning Corporation
• Wacker Chemie AG
• Momentive Performance Materials Inc.
• Shin-Etsu Chemical Co. Ltd.
• Elkem ASA
• NuSil Technology LLC
• Specialty Silicone Products Inc.
• Saint-Gobain Performance Plastics
• Bluestar Silicones International
• Nusil Technology LLC
• Kibaru Manufacturing Sdn Bhd
• Siltech Corporation
• Rogers Corporation
• Shenzhen Square Silicone Co. Ltd.
• Reiss Manufacturing Inc.
• China National Bluestar (Group) Co. Ltd.
• Primasil Silicones Limited
• Shin-Etsu Silicones of America Inc.
• Cabot Corporation
• Silmaco NV
• Silicones Inc.
• Huanxin Fluoro Material Co. Ltd.
• Silicone Engineering Ltd.
• Quantum Silicones LLC
• GE Toshiba Silicones Co. Ltd.

The Middle East and Africa medical grade silicone market is segmented as follows:

By Application

• Medical Devices
• Prosthetics
• Orthopedic Components
• Contact Lenses
• Medical Tapes
• Others

By Type

• Gels
• Medical Coatings
• Medical Adhesives
• Liquid Silicone Rubbers (LSR)
• Others

By Region

• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa