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The global medical processing seals market was valued at USD 1.83 billion in 2022 and growing at a CAGR of 5.10% from 2022 to 2030. The market is expected to reach USD 2.72 billion by 2030. The increasing technological advancements and the significantly profitable healthcare sector worldwide have shown the high demand for innovative and advanced equipment, including anesthesia, catheters, and respiratory gear. The rising customer health problems and the increasing need for medical devices have resulted in significant demand for wearable medical devices. The growth in strict government rules for enhanced implementation and durability is an ideal market expansion trend. Medical processing seals are highly used in several medical devices, including respiratory equipment, insulin, clinical blood pumps, and drug delivery devices. They are utilized to control contamination and active pharmaceutical ingredients. However, the growth in the elderly population, the increase in the majority of chronic diseases, the rise in incidences of lifestyle-related disorders, and improvement in health care expenses by government bodies are anticipated to push the global medical processing seals market.
Medical processing seals are a procedure used in medical device and life science industries to package medical products demanding sterilization. The process implicates two significant components, a medical-grade heat sealer and a medical pouch. A medical pouch is a flexible package that includes lamination or mono-layer flexible materials but that is not restricted to film, Tyvek, coated foil, and coated paper. The pouch is formed by carrying two webs of material together and sealing them from three sides, leaving the fourth side open. In the pouch, the product is inserted, and then it is heat sealed across the fourth and last side to form a sealed package in the process of sterilization. However, sealing solutions are essential in nearly all industrial applications, but even more for those in the pharmaceutical and medical industries. The original equipment manufacturer of medical devices is accountable for assuring that their products surpass minimal requirements, delivering quality, and guaranteeing the risk of cross-contamination and the nature of medical environments. Further successful medical sealing with low contamination levels must also illustrate the mechanical execution and chemical resistance. Therefore, the medical application requires O-rings, diaphragms, lip seals, gaskets, or custom parts; these are some critical elements for Original Equipment Manufacturers to look out for in medical seals while selecting a sealing for medical devices.
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In January 2021, Kaman Corp. acquired Bal Seal Engineering to significantly extend its engineered product base. The investment also provided new opportunities to cater to industrial consumers, medical technology, aerospace, and defense.
In 2021, Royal Philips in February finished its acquisition of all outstanding shares of BioTelemetry, sealing a deal that was initially agreed upon in December 2020.
Drivers:
Act as a most important components in many medical devices- Medical processing seals are the most critical components in many medical devices. When considering a new seal design, it is essential to manage the seal based on its planned function. All seals fall into one of three different groups. While specific applications may incorporate more than one group, there is always a dominant one. The seal design includes Reciprocating, static, and Rotary. Static seal applications are the most familiar and contain those that control fluids and drugs from running into or out of a medical device. The structure of the seal can differ from primary O-rings to complicated shapes. Static seals can be seen in the broadest range of medical devices, from oxygen concentrators to pumps and blood separators. A rotary seal most commonly contains O-rings used to seal turning shafts, with the rotating shaft passing via the inside dimension of the O-ring. Regardless, the reciprocating seal application with linear motion would include endoscopes that require trocar seals. These trocar seals are complicated in design and allow the surgeon to insert and manipulate instruments to conduct the medical process.
Restraints:
Stringent government rules- Strict government rules and demand by the medical original equipment manufacturer (OEM) on medical processing seals manufacturer are pushing the industry to include cleanroom production increasingly, enhance the seals' implementation and durability, and numerous other quality standards. The most significant factors bring the lesser threat of new entrants and restrict the market value development in the predicted period. Regardless, the rule not only implements cleanliness but also pushes the life medical seal manufacturers to produce a trustworthy, economical, and high-grade sealing solution with abilities to fight high operating pressure and temperature cycles.
Opportunities:
Increasing majority of chronic diseases and growing medical sector- The threat of chronic diseases has risen due to increasing environmental problems, high junk food intake, and poor diets. Malnutrition, an unhealthful diet, drinking too much alcohol, smoking, abusing drugs, stress, and other factors all contribute to an unhealthy lifestyle, leading to the cause of chronic diseases like joint issues, hypertension, cardiovascular disorders, metabolic disorders, and overweight. The increasing majority of chronic health problems are due to an unhealthy way of living. Chronic illness death rate accounts for 85% of all fatalities in low- and middle-income countries or developing economies. These factors drive the medical industry to grow and raise the need for medical processing seals.
Regional segmentation analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest market for the global medical processing seals market, with a 32.7% share of the market revenue in 2022.
North America noticed a substantial consumption of medical processing seals through 2030 due to the promising advances in the healthcare industry in the region. The significant increase in consumption and profitable need for new as well as inventive medical devices and gear has paved the way for the substantial existence of multiple medical equipment manufacturers, mainly in the United States, like rising healthcare investments and increase in per capita medical expenditures, will also play a critical role in raising the regional market share.
North America Region Medical Processing Seals Market Share in 2022 - 32.7%
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Type Segment Analysis
The type segment is divided into gaskets, lip seals and O-rings. The O-ring segment dominated the market, with a market share of around 33.6% in 2022. O-rings are majorly used in medical equipment & devices due to their lower price. O-rings are utilized in various applications like static and dynamic in the medical sector. Static applications like gas or fluid sealing applications primarily uses O-rings. The rising need for devices and gear like valves, cylinders, pumps, drug delivery devices, connectors, respiratory equipment, fluid transfer devices, and dialysis machine in the growing nations of the Middle East & Africa, South America, & Asia Pacific is anticipated to push the need for medical processing seals.
Material Segment Analysis
The material segment is divided into metals, EPDM, nitrile rubber, PTFE, silicone, and others. The silicone segment dominated the market, with a market share of around 17% in 2022. Due to its growing importance over other elastomers, the silicone material is more convenient than the material in devices without close contact with the human body. Besides restricting bacteria growth, silicone is known for its increased compatibility with human tissue and body fluids. Improving the adoption of silicone O-rings to offer powerful flexibility even in low ambient temperatures will be a significant driver for market growth.
Application Segment Analysis
The application segment is divided into medical devices, and medical equipment. The medical equipment segment dominated the market, with a market share of around 55% in 2022. The rising worldwide need for medical equipment due to the development of the healthcare infrastructure & rising healthcare sector is anticipated to propel the market. Medical equipment is utilized in the medical domain as a support system to remove the patient from any type of discomfort.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 1.74 Billion |
| Market size value in 2030 | USD 2.72 Billion |
| CAGR (2022 to 2030) | 5.10% |
| Historical data | 2019-2020 |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Segments | Type, Material, Application |
| Regional Segments | The regions analyzed for the market are Europe, North America, Asia Pacific, South America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
As per The Brainy Insights, the size of the medical processing seals market was valued at USD 1.83 billion in 2022 to USD 2.72 billion by 2030.
Global medical processing seals market is growing at a CAGR of 5.10% during the forecast period 2022-2030.
Increasing majority of chronic diseases and growing medical sector is an opportunity to the market.
Key players are Trelleborg Ab, Techno Ad Ltd, Saint-Gobain S.A., Parker Hannifin Corp, Morgan Advanced Materials Plc,Minnesota Rubber and Plastics,Marco Rubber and Plastics, Llc,Idex Corporation
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Type
4.3.2. Market Attractiveness Analysis by Material
4.3.3. Market Attractiveness Analysis by Application
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Helps in Abiotic Stress Tolerance to propel market growth
5.3. Restraints
5.3.1. Advertising Low-Grade Bio Stimulant Products to Restrict the Market
5.4. Opportunities
5.4.1. Advance technology for Medical Processing Seals in agriculture
6. Global Medical Processing Seals Market Analysis and Forecast, By Type:
6.1. Segment Overview
6.2. Gaskets
6.3. Lip Seals
6.4. O-Rings
7. Global Medical Processing Seals Market Analysis and Forecast, By Material
7.1. Segment Overview
7.2. Metals
7.3. EPDM
7.4. Nitrile Rubber
7.5. PTFE
7.6. Silicone
7.7. Others
8. Global Medical Processing Seals Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Medical Devices
8.3. Medical Equipment
9. Global Medical Processing Seals Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Medical Processing Seals Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Medical Processing Seals Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Trelleborg Ab
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Techno Ad Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Saint-Gobain S.A
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Parker Hannifin Corp
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Morgan Advanced Materials Plc
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Minnesota Rubber and Plastics
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Marco Rubber and Plastics, Llc
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Idex Corporation.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Freudenberg Group
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Bal Seal Engineering, Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
2. Global Gaskets Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
3. Global Lip Seals Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
4. Global O-Rings Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
5. Global Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
6. Global Metals Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
7. Global EPDM Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
8. Global Nitrile Rubber Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
9. Global PTFE Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
10. Global Silicone Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
11. Global Others Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
12. Global Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
13. Global Medical Devices Medical Processing Seals Market, By Region, 2019-2030 (USD Billion)
14. North America Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
15. North America Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
16. North America Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
17. U.S. Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
18. U.S. Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
19. U.S. Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
20. Canada Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
21. Canada Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
22. Canada Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
23. Mexico Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
24. Mexico Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
25. Mexico Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
26. Europe Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
27. Europe Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
28. Europe Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
29. Germany Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
30. Germany Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
31. Germany Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
32. France Medical Processing Seals Market, By Type 2019-2030 (USD Billion)
33. France Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
34. France Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
35. U.K. Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
36. U.K. Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
37. U.K. Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
38. Italy Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
39. Italy Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
40. Italy Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
41. Spain Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
42. Spain Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
43. Spain Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
44. Asia Pacific Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
45. Asia Pacific Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
46. Asia Pacific Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
47. Japan Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
48. Japan Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
49. Japan Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
50. China Medical Processing Seals Market, By Type 2019-2030 (USD Billion)
51. China Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
52. China Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
53. India Medical Processing Seals Market, By Type 2019-2030 (USD Billion)
54. India Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
55. India Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
56. South America Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
57. South America Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
58. South America Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
59. Brazil Medical Processing Seals Market, By Type 2019-2030 (USD Billion)
60. Brazil Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
61. Brazil Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
62. Middle East and Africa Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
63. Middle East and Africa Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
64. Middle East and Africa Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
65. UAE Medical Processing Seals Market, By Type, 2019-2030 (USD Billion)
66. UAE Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
67. UAE Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
68. South Africa Medical Processing Seals Market, By Type 2019-2030 (USD Billion)
69. South Africa Medical Processing Seals Market, By Material, 2019-2030 (USD Billion)
70. South Africa Medical Processing Seals Market, By Application, 2019-2030 (USD Billion)
List of Figures
1. Global Medical Processing Seals Market Segmentation
2. Medical Processing Seals Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Medical Processing Seals Market Attractiveness Analysis by Type
9. Global Medical Processing Seals Market Attractiveness Analysis by Material
10. Global Medical Processing Seals Market Attractiveness Analysis by Application
11. Global Medical Processing Seals Market Attractiveness Analysis by Region
12. Global Medical Processing Seals Market: Dynamics
13. Global Medical Processing Seals Market Share by Type (2022 & 2030)
14. Global Medical Processing Seals Market Share by Material (2022 & 2030)
15. Global Medical Processing Seals Market Share by Application (2022 & 2030)
16. Global Medical Processing Seals Market Share by Regions (2022 & 2030)
17. Global Medical Processing Seals Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global medical processing seals market based on below mentioned segments:
Global Medical Processing Seals Market by Type:
Global Medical Processing Seals Market by Material:
Global Medical Processing Seals Market by Application:
Global Medical Processing Seals Market by Region:
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