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Medical Processing Seals Market by Material ( Silicone, EPDM, Metals, PTFE, Nitrile Rubber), Type (O-Rings, Gaskets, Lip Seals), Application (Medical Equipment and Medical Devices), and Region - Global Forecast to 2023

Medical Processing Seals Market by Material ( Silicone, EPDM, Metals, PTFE, Nitrile Rubber), Type (O-Rings, Gaskets, Lip Seals), Application (Medical Equipment and Medical Devices), and Region - Global Forecast to 2023

“The growth in the medical equipment application is expected to drive the medical processing seals market.”
The medical processing seals market size is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 1.8 billion by 2023, at a CAGR of 5.0%. Majority of medical processing seals are consumed in the medical equipment industry. Capacity expansion in this industry will drive the demand for medical processing seals. High consumption of medical equipment & devices in North America due to the presence of a strong healthcare industry in the region is favorable for the medical processing seals market. The high demand for new and improved equipment such as catheters, anesthesia equipment, and respiratory equipment used in the medical industry will have a favorable impact on the growth of the medical processing seals market. This overall growth in the medical equipment application is expected to drive the medical processing seals market.

“O-rings type of medical processing seals accounted for the largest market share.”
O-rings accounted for the largest share of the medical processing seals market. O-rings are used in medical devices & equipment applications in the medical industry. The growing demand for new and improved medical devices & equipment to cater to the increasing medical conditions globally is expected to drive the demand for O-rings, thereby boosting the medical processing seals market. O-rings are used in different types of medical equipment & devices such as respiratory equipment, dialysis equipment, diagnostic equipment, and drug delivery devices. The huge consumption of these equipment & devices is expected to drive the O-rings medical processing seal market, globally.

“Silicone is the largest medical processing seals market by material.”
Silicone accounted for the largest share of the medical processing seals market. Silicone is preferred in the medical industry due to the qualities it possesses such as flexibility and stability in extreme pressure & temperature conditions, chemical inertness, and minimal bacterial growth. Another reason for the consumption of silicone material is its cost-effectiveness, easy availability, and usage in the manufacture of O-rings and gaskets. Silicone rubber is used in medical devices such as syringe application, face mask or inhalers, and catheters. The growing consumption of O-rings and gaskets in medical devices & equipment is expected to drive the silicone segment of the market, globally.

“North America is the largest medical processing seals market.”
North America is the largest medical processing seals market, owing to the presence of a strong and developed healthcare industry in the region. North America is one of the key healthcare markets due to the presence of major economies such as the US and Mexico. The rapidly growing demand for improved and innovative medical devices & equipment due to factors such as huge healthcare expenditure, increasing elderly population, and growing incidence of lifestyle diseases is expected to drive the demand for medical processing seals. The changing lifestyle and increased awareness about healthcare services among the general public in the region are expected to drive the medical devices & equipment market, ultimately boosting the growth of the medical processing seals market.

Extensive primary interviews were conducted in the process of determining and verifying sizes of different types, materials, and applications of medical processing seals gathered through secondary research.

The breakdown of primary interviews has been given below.
By Company Type: Tier 1 - 42%, Tier 2 - 33%, and Tier 3 - 25%
By Designation: C Level Executives - 31%, Director Level - 31%, Others - 38%
By Region: Europe - 31%, North America - 8%, and APAC - 61%

The key companies profiled include IDEX Corporation (US), Saint-Gobain S.A. (France), Freudenberg Group (Germany), Trelleborg AB (Sweden), Parker Hannifin Corp (US), Minnesota Rubber and Plastics (US), Marco Rubber & Plastic Products, LLC (US), Morgan Advanced Materials Plc (UK), Bal Seal Engineering, Inc. (US), and Techno AD Ltd (Israel).

Research Coverage
The medical processing seals market has been segmented based on type, material, application, and region. This report covers the medical processing seals market and forecasts its market size until 2023. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the medical processing seals market. The report also provides insights into the driving and restraining factors in the medical processing seal market along with opportunities and challenges across these industries. The report also includes profiles for top manufacturers in the medical processing seals market.

Reasons to Buy the Report
The report is expected to help market leaders/new entrants in the following ways:
1. This report segments the medical processing seals market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the medical processing seals market and provide information on key market drivers, restraints, challenges, and opportunities influencing the growth of the market.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the medical processing seals market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies such as new product development, merger & acquisition, and expansion.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE MEDICAL PROCESSING SEALS MARKET
    • MEDICAL PROCESSING SEALS MARKET IN NORTH AMERICA, BY TYPE AND COUNTRY
    • MEDICAL PROCESSING SEALS MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • CONTRIBUTION OF THE HEALTHCARE SECTOR TO GDP
        • Table CONTRIBUTION OF HEALTHCARE TO GDP, 2015 AND 2016 (PERCENTAGE)
  • MEDICAL PROCESSING SEALS MARKET, BY MATERIAL
    • INTRODUCTION
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
    • SILICONE
      • INCREASING DEMAND FOR O-RINGS IN APAC IS DRIVING THE GROWTH OF THE SILICONE SEGMENT IN THE MEDICAL PROCESSING SEALS MARKET
        • Table SILICONE-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • METAL
      • INCREASING DEMAND FOR GASKETS IS DRIVING THE METAL-BASED MEDICAL PROCESSING SEALS MARKET
        • Table METAL-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • PTFE
      • INCREASING DEMAND FOR MEDICAL DEVICES AND EQUIPMENT GLOBALLY IS DRIVING THE DEMAND FOR PTFE-BASED MEDICAL PROCESSING SEALS
        • Table PTFE-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NITRILE RUBBER
      • THE INCREASING DEMAND FOR O-RINGS AND LIP SEALS IN THE REGION IS DRIVING THE NITRILE RUBBER MARKET IN NORTH AMERICA
        • Table NITRILE RUBBER-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • EPDM
      • INCREASING DEMAND FOR O-RINGS AND GASKETS USED IN MEDICAL DEVICES AND EQUIPMENT IS DRIVING THE EPDM MARKET GLOBALLY
        • Table EPDM-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHER MATERIALS-BASED MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • MEDICAL PROCESSING SEALS MARKET, BY TYPE
    • INTRODUCTION
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • O-RINGS
      • THE GROWING MEDICAL DEVICES & EQUIPMENT MARKET DUE TO THE INCREASING INCIDENCE OF CHRONIC DISEASES HAS BOOSTED THE DEMAND FOR O-RINGS IN NORTH AMERICA
        • Table O-RINGS: MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • GASKETS
      • GROWING MEDICAL EQUIPMENT MARKET HAS BOOSTED THE DEMAND FOR GASKETS IN APAC
        • Table GASKETS: MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • LIP SEALS
      • INCREASING DEMAND FOR EFFECTIVE MEDICAL DEVICES AND EQUIPMENT DUE TO THE GROWTH IN MEDICAL CONDITIONS HAS BOOSTED THE LIP SEALS MARKET
        • Table LIP SEALS: MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHER MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • MEDICAL PROCESSING SEALS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table USP CLASSIFICATION OF MEDICAL DEVICES
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • MEDICAL DEVICES
      • INCREASING DEMAND FOR MEDICAL DEVICES FOR DIABETES IN APAC IS EXPECTED TO DRIVE THE DEMAND FOR MEDICAL PROCESSING SEALS
        • Table MEDICAL PROCESSING SEALS MARKET SIZE IN MEDICAL DEVICES APPLICATION, BY REGION, 2016-2023 (USD MILLION)
    • MEDICAL EQUIPMENT
      • INCREASING DEMAND FOR DIAGNOSTIC AND THERAPEUTIC EQUIPMENT IS DRIVING THE MEDICAL PROCESSING SEALS MARKET
        • Table MEDICAL PROCESSING SEALS MARKET SIZE IN MEDICAL EQUIPMENT APPLICATION, BY REGION, 2016-2023 (USD MILLION)
  • MEDICAL PROCESSING SEALS MARKET, BY REGION
    • INTRODUCTION
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • US
        • Table US: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: MEDICAL PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table EUROPE: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • UK
        • Table UK: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SWITZERLAND
        • Table SWITZERLAND: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • APAC
      • Table APAC: MEDICAL PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SINGAPORE
        • Table SINGAPORE: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • TAIWAN
        • Table TAIWAN: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA : MEDICAL PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA : MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA : MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA : MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • UAE
        • Table UAE: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: MEDICAL PROCESSING SEALS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING
    • COMPETITIVE SITUATIONS & TRENDS
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2014-2018
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014-2018
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2018
  • COMPANY PROFILES
    • IDEX CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAINT-GOBAIN S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • SWOT ANALYSIS
      • MNM VIEW
    • FREUDENBERG GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TRELLEBORG AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PARKER HANNIFIN CORP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MINNESOTA RUBBER AND PLASTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MARCO RUBBER & PLASTICS, LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • MORGAN ADVANCED MATERIALS PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BAL SEAL ENGINEERING, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TECHNO AD LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ADDITIONAL COMPANY PROFILES
      • MACLELLAN RUBBER LTD
      • PRECISION ASSOCIATES, INC.
      • FABRI-TECH COMPONENTS, INC.
      • PERFORMANCE SEALING INC.
      • AMERICAN HIGH PERFORMANCE SEALS
      • SUR-SEAL
      • APPLE RUBBER PRODUCTS, INC.
      • DARCOID OF CALIFORNIA
      • TECHNETICS GROUP
      • SEAL & DESIGN INC.
      • LE JOINT TECHNIQUE
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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