Ceramic and glass have long functioned as the material of choice for medium and high-voltage electrical applications, high-voltage insulators and lightning arresters. These materials have good resistance to electrical stress as well as outdoor exposure without suffering significantly from deterioration. The transmission/distribution industry and international standard bodies have thoroughly discussed the advantages and disadvantages of these materials. Their shortcomings include contamination and the inability to handle certain stresses. These concerns have led to significant innovations in material science, especially as it relates to insulative materials and silicone rubber’s electrical conductivity.
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According to the United States Department of Commerce, the domestic medical device market — the largest in the world — has a market size of $110 billion. The forecast points to an increase to $133 billion by 2016. In 2012, 6,500 medical device companies garnered a 38 percent share of the global marketplace for medical products and devices. The medical device industry consists of a broad range of products and technologies, including appliances, materials, apparatuses, and other items. These products function as standalone products or in combination with other parts and products for diagnosis, monitoring, mitigation, treatment, compensation, and prevention of diseases and other conditions.