Medical Processing Seals Market

Medical Processing Seals Market Outlook (2022 to 2027)

The global medical processing seals market is currently valued at US$ 1.7 billion and is projected to attain a valuation of US$ 2.3 billion by 2027. Global sales of medical processing seals are predicted to rise at a high-value CAGR of 6% from 2022 to 2027.

Across the world, O-ring seals are widely used in medical devices and equipment due to their low cost. Sales of O-rings are predicted to rise at a CAGR of 6.6% during the next 5 years.

Report Attributes	Details
Medical Processing Seals Market Size (2022E)	US$ 1.7 Billion
Forecasted Market Value (2027F)	US$ 2.3 Billion
Global Market Growth Rate (2022 to 2027)	6% CAGR
China Market Value (2027F)	US$ 485 Million
Key Companies Profiled	Idex Corporation; Saint-Gobain S.A.; Morgan Advanced Materials Plc; Bal Seal Engineering, Inc; Freudenberg Group; Minnesota Rubber and Plastics; Marco Rubber & Plastics, LLC; Trelleborg Ab; Parker Hannifin Corp; Techno Ad Ltd.

Medical Processing Seal Sales Analysis (2017 to 2021) Vs. Market Statistics (2022 to 2027)

Medical processing seals are made especially to withstand a variety of powerful active pharmaceutical ingredients (APIs), process media and cleaning in addition to preventing contamination. Medical seals guard against potential leaks when pumping, transferring, or dispensing liquids or gases.

Many different medical devices, including clinical blood pumps, drug delivery systems, insulin pumps, respiratory equipment, and more, contain medical processing seals.

Seals are also available in various sizes and shapes such as C-rings, X- rings, and more. An O-ring is a mechanical sealant with a torus form that is used to seal off two surfaces. Packing or toric joint are other names for it.

To avoid leakage, gaskets and seals are typically employed to fill the gap between two or more mating surfaces. Gaskets enable a flawless mating surface where they can cover imperfections. In all end-use sectors, gaskets and seals are frequently used.

The desire for new and innovative medical manufacturing equipment and ongoing R&D for the creation of new products as a result of technological improvements are two factors that are driving the expansion of the global market for medical processing seals.

The market is anticipated to rise as a result of factors including the rising demand for medical devices and equipment and the expanding use of managed equipment services. In addition, it is anticipated that medical device development will support the market's expansion.

According to Fact.MR, a market research and competitive intelligence provider, the global market for medical processing seals is currently valued at US$ 1.7 billion.

What Opportunities Await Manufacturers of Medical Processing Seals?

“Expanding Medical Industry & Rising Prevalence of Chronic Disorders”

The risk of chronic diseases has increased as a result of growing environmental concerns, poor diets, and junk food intake. Malnutrition, an unhealthy diet, smoking, drinking too much alcohol, abusing drugs, stress, and other factors all contribute to an unhealthy lifestyle, which in turn causes illnesses such as metabolic disorders, joint issues, cardiovascular disorders, hypertension, and overweight. The rising prevalence of chronic health issues is mostly due to an unhealthy lifestyle.

• The World Health Organization (WHO) lists diabetes, cancer, respiratory issues, and cardiovascular disorders as some of the most prevalent chronic diseases.
• The leading cause of mortality each year is cardiovascular disease (17.9 million), followed by cancer (9.3 million), chronic respiratory conditions (4.1 million), and diabetes (2 million including kidney disease deaths caused due to diabetes).

In low- and middle-income nations or rising economies, chronic illness mortality accounts for 80% of all fatalities. These aspects are causing the medical industry to expand, which is increasing the demand for medical processing seals.

“Population Growth and Rising Advancements in Healthcare Infrastructure”

The market is anticipated to be driven by the rising demand for medical equipment on a global scale as a result of the expansion of the healthcare sector and its infrastructure. In the medical field, equipment is utilised as a patient's life support system to relieve them of their chronic discomfort.

Global population growth, an increase in the prevalence of life-threatening diseases, and rising healthcare costs are all contributing factors to the expansion of the healthcare sector and, by extension, the market for medical equipment. The market for medical processing seals is anticipated to be driven by the rising need for seals in the application of medical equipment.

“Superior Qualities of Silicone Seals”

Based on material the seals are segmented into silicone seals, metal seals, PTFE seals, nitrile rubber seals, EPDM seals, and others.

In contrast to other elastomers, silicone is a highly favoured material for use in medical sealing applications because it is highly compatible with human tissue and bodily fluids. Furthermore, silicone does not encourage the formation of microorganisms, making it an excellent material for products that come into touch with the human body.

Liquid silicone rubber (LSR) is yet another significant component of medical equipment. LSR is employed in a variety of important medical applications, including orthopedics, cancer, and cardiology.

“High Demand for Pharmaceutical Processing Seals from Pharmaceutical Companies for Production of Advanced Devices”

In the coming years, there will be abundant opportunities for market expansion due to the rising demand for modern pharma production devices and the ongoing emphasis on research efforts for developing new products. Furthermore, in the coming years, technological advancements will increase the popularity of the products.

Over the forecast period, a thriving healthcare sector is anticipated to create new growth opportunities for the pharmaceutical processing seals industry. In addition, the rise in non-communicable disease cases and the alteration of the population lives worldwide brought on by busy work schedules will drive business growth in the coming years.

What May Slightly Affect the Sales of Medical Processing Seals?

“Growing Preference for Used Equipment”

When time (needed to supply and set up new machinery) and money (new instruments being relatively expensive) are issues, pharmaceutical firms may find that used equipment is a better option than new equipment. To reduce costs and adhere to good manufacturing process (GMP) requirements, many Asian and European businesses are turning to machinery refurbishing.

Pharmaceutical equipment, OEMs, and makers of pharmaceutical processing seals are suffering as a result of pharmaceutical manufacturers adopting this new method. Refurbished equipment is becoming more and more popular since it can reduce capital expenditure by as much as 40%–45% compared to purchasing new machinery. The sales of pharmaceutical processing seals are hampered by all of these reasons.

However, a sizable portion of these seals is employed in the aftermarket. Seals used in the production of pharmaceuticals have a shorter lifespan than the equipment they are utilized in. As they endure high pressures and temperatures, seals need to be replaced frequently owing to wear and tear. The use of seals in the aftermarket is not anticipated to be impacted by the rising popularity of refurbished equipment, but the low demand for seals from OEMs is probably going to have some impact.

Which Region Dominates the Global Medical Processing Seals Market?

“High Production of Medical Equipment in North America”

North America dominates the global medical processing seals market. Strong healthcare infrastructure has increased the consumption and demand for new and innovative medical products, which has encouraged regional medical manufacturing and fueled the growth of the market for medical manufacturing equipment. The region's market for medical processing seals is anticipated to be driven by the substantial use of medical manufacturing equipment.

The Asia Pacific market has been expanding, notably in countries such as China and Japan, due to factors such as strong pharma manufacturing output growth, rising company investment spending, and robust economic expansion.

During the projected period, the Middle Eastern region is anticipated to be a major factor in the expansion of the global market for medical processing seals. The market will expand due to research and development into new and innovative lip seals.

Lip seals are evolving to provide a complete sealing solution for installations under unidirectional stress in reciprocating dynamic or static applications. The global market for medical processing seals will be driven by such innovations.

Country-wise Analysis

How is the Medical Processing Seals Market Progressing in the U.S.?

“Improvements in Healthcare Facilities & Presence of Key Manufacturers”

Due to the nation's potential improvements in the healthcare industry, the United States is predicted to experience high demand for medical processing seals from 2022 to 2027.

A major factor in the expansion of the U.S. medical processing seals (MPS) market share will be the existence of several medical equipment manufacturers, growing healthcare investments, and rising per capita medical costs.

What is the Outlook for Medical Processing Seal Suppliers in China?

“Rising Medical Tourism Fuelling Demand for Medical Devices, Which Subsequently Boost Sales of Medical Processing Seals”

China’s market for medical processing seals is expanding rapidly due to the developing medical industry’s demand for medical processing seals, technological advancements, and developing healthcare infrastructure & medical tourism.

Furthermore, it is anticipated that the nation's expanding healthcare industry would increase demand for medical devices and equipment, which will impact the market for medical processing seals.

Sales of medical processing seals are predicted to rise at an impressive CAGR of 10% from 2022 to 2027 and will reach US$ 485 million by 2027.

Category-wise Analysis

Why are the Sales of O-rings Constantly High?

“O-rings Highly Popular Due to Their Several Benefits Such as Flexibility, Reusability, Affordability, & More”

Based on type, the global medical processing seals (MPS) market is segmented into O-rings, gaskets, lip seals, diaphragm seals, and others.

Global demand for O-rings is predicted to progress at a CAGR of 6.6% from 2022 to 2027.

O-rings are widely utilised in medical devices and equipment because they are inexpensive. In the medical sector, O-rings are utilised in a variety of dynamic and static applications. O-rings are mostly used in static applications such as fluid or gas sealing.

Furthermore, a variety of materials can be used to make O-rings, including metal, silicone rubber, Viton rubber, nitrile rubber, ethylene propylene diene monomer (EPDM) rubber, and PTFE. Different types of material were exposed to the O-ring application.

The main uses of O-rings are vacuum, hydraulic, and pneumatic systems. O-rings are also superior to other seal types in several ways, including flexibility, reusability, excellent sealing, a wide range of sizes, and inexpensive manufacturing costs.

Nearly all industries employ O-rings, including those in aerospace and aviation, automotive, oil and gas, water and wastewater treatment, chemical and petrochemical, electrical and electronics, medical and healthcare, food and beverage, and other industrial applications. The expansion of its end-use sectors is principally responsible for the rising demand for O-rings in the market.

Competitive Landscape

The existence of numerous small- and large-scale vendors in the global medical processing seals market contributes to the market's moderate level of concentration.

Furthermore, key players in the medical processing seals market produce a variety of cutting-edge seals and regularly update their product lines. The development of enhanced form-in-place liquid gaskets is one of the key areas that is anticipated to experience extensive research and development efforts by businesses throughout the forecast period.

• Trelleborg revealed Applied Power Products as its new authorised distributor for selling medical seals in September 2021.
• Trelleborg opened its Rapid Development Center in August 2021 to develop products for its international healthcare and medical clients.
• A subdivision of Trelleborg AB called Trelleborg Sealing Solutions purchased Sil-Pro, LLC (US), a producer of silicone and thermoplastic products for the medical sector, in January 2019. The company's strategy to improve its silicone product line and broaden its manufacturing footprint entails the acquisition.

Segmentation of Medical Processing Seals Industry Research

• By Type :

  • O-rings
  • Lip Seals
  • Gaskets
  • Others

• By Application :

  • Medical Devices
  • Medical Equipment

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA