U.S. Medical Wires & Cables Market: By Application (Medical Tubing, Lead wire, Cables and others); By Equipment (Diagnostics, Therapy, Patient Monitoring and Others) - Forecast (2016 - 2021)
NEW YORK, Dec. 13, 2016 /PRNewswire/ -- Silicone is an elastomeric polymer which is composed of carbon, hydrogen & oxygen which amalgamates to form a heat resistant rubber like material with properties similar to non-reactiveness, stability and resistant to extreme environments and temperatures coupled with highly flexibility at lower temperatures. Silicone is used both as a jacket material and over-mould for cable assemblies in medical device applications because it is the most compatible in terms of sterilization, disinfection, and cleaning.
U.S. medical silicone wires and cables market is segmented by application, equipment and country analysis. The equipment segment includes diagnostics which comprises of X-ray, CT, ultrasound, molecular imaging/nuclear medicine, endoscopy, ECG. The silicone wires and cables are also used in various therapies of medical including; radiotherapy, laser medicine, laparoscopy and catheter technology among others. These silicone wires and cables in U.S. medical industry also used for various patient monitoring cases like oxygen measurement, temperature measurement, blood pressure measurement and so on.
The application segment comprises of medical tubing, lead wire and some other application areas. Among which medical tubing includes the MRI, ultrasound, cardiovascular and surgical imaging and patient monitoring applications. Silicon wire and cable are used in wide array of precision medical products and cabling applications where high reliability, high sensitive, capacitance and impedance characteristics are highly important especially in U.S.
Medical tubing is a major application of silicone and is used in respirators and intravenous drug. Apart from these, silicone are also used in ventilation masks, transfusion delivery systems, handles for surgical instruments, breading tubes, microphone holders for hearing aids, tube connector and many other. Rising health concerns coupled with the increasing adoption of advanced technologies in the field of medicine for various applications have been stimulating the market revenue in the recent years. Rising infrastructure development in healthcare will allow the silicon wire and cable manufacturers to expand their penetration in the country with huge application of these wires from medical equipment to patient care.
The U.S. medical silicone wires and cables market highly fragmented Leoni AG, Sumitomo Electric U.S.A., Hitachi Cables North America and Carlisle Medical Technologies do hold substantial market shares.
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