The global Medical Grade Silicone Market was USD 670.78 million in 2022. It is projected to reach USD 1133.27 million by 2032, with a compound annual growth rate (CAGR) of 6% during the forecast period. The market is driven by various factors such as the increasing demand for minimally invasive procedures, the prevalence of chronic diseases and age-related health issues, and the expanding use of silicone rubber products in medical applications due to their biocompatibility, flexibility, and durability.

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