Health & Safety Industry Today

Life Science/Medical Seals Market estimated to grow at Impressive CAGR of in the forecast period (2018-2025)

The report on the Life Science/Medical Seals Market has been launched by Stratview Research that talks about the market structure and growth in the forecast period of 2018-2025. The report also offer insights into different market segments and other factors affecting the market.
Published 03 September 2019
Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Life Science/Medical Seals Market is expected to inflate at impressive CAGR of by the forecast period (2018 – 2025).
 
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Highlights of the Report:
OEMs across the globe consider a number of factors such as materials to compliance, certification, and other factors while choosing these vital components for medical seals. Medical seals are used in everything from syringes to insulin pumps to surgical power tools and other medical devices, clean rooms and Pharmaceutical set ups.
 
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Market Segments
As the medical industry continues to grow and we move towards a more sophisticated world of connected and transformational health, medical equipment and devices are becoming more advanced to handle harsher chemicals, drugs and temperatures. Choosing the right seal for medical applications and devices are becoming critical for overall device performance.
The report from Stratview Research addresses issues such as the impact of China – US trade war on the medical seals industry, as most of the cheap raw materials are supplied by Chinese firms. It also focuses on the change of polarity from USA to Russia, which is reviving bonds with China, India, KSA, Venezuela, Japan and others. The impact of the political changes will impact the businesses of several OEMs in the medical seal market globally.
The market has also been divided based on the requirement of certification such as FDA or ISO 123485 or USP Class VI. This will help the manufacturers decide the correct market for their products and also give them time to prepare the right certifications which might be required for market entry, e.g. key South American markets such as Brazil and Mexico follow US FDA certification, while the certification in China are different and same is the case with India. Although India has recently released its new norms for medical devices in 2019.
In terms of consumption, not only hospitals (both private and public) and laboratories use medical equipment that requires products with seals, pharmaceutical companies using devices for R&D and clean rooms also require sealants. As an OEM, it is crucial to keep track of the changing demands of the consumers in markets with heavy demand such as China, India, USA, Germany, Russia, UK, Australia. This report addresses local demand from hospitals and the perception of the buyer towards products from key competitors such as Saint Gobain SA, Idex Corp, Parker Hannifin Corp, Technetics Group, Trelleborg AB, Minnesota Rubber and Plastics, Macro Rubber and Plastics LLC, Morgan Advanced Materials PLC, and also few emerging players such as Tekni Plex, Sur-Seal, Nelipak from the regional markets.
The report takes insights from manufacturers who have successfully established cost effective manufacturing plants. Cost effective and flexible way to manufacture medical-grade seals by extruding rubber to form solid or hollow cross-sectional profiles are quite common. The report also considers the fact that medical seals should demonstrate resistance to harsh and toxic chemicals. There may be specific quality requirements for the seal’s elastomer material. In order to withstand and ensure chemical resistance, it is important that the seals are manufactured from elastomers with the highest performance and quality. Companies such as Apple Rubber use Liquid Silicone Rubber, Viton® Fluoroelastomer and Ethelyne Propylene. These elastomers are known for their chemical resistance, heat resistance and low permeability to medical gases. Several such companies have been studied in this report to come up with the best materials with growing demand in key market. The readers of this report can make strategic decisions based on regional and country level trends in 2019.
It is important that the device makers ensure that their sealing component manufacturers are plugged into the design process from the very beginning, hence this report is important not only for sealing component manufacturers but medical device manufacturers as well. Comprehensive knowledge of this market from 360 degrees allows for a more holistic consideration of the design, rather than just a ‘Band-Aid’ or firefighting approach. The report on Medical and Life sciences Seal Market address the burning issues of today as well as long term and near-term opportunities with strategic recommendations for the reader.
Experienced seal suppliers can suggest seal profiles, material combinations, and even hardware refinements that can lead to better performance of the finished product. The report includes interviews and insights from such experienced industry experts to give a different perspective from different market because the manufacturing preferences, demands and hurdles vary from China to Brazil to India to USA. It’s therefore important to understand the global approach before deciding the right market for your product in 2019.
 
Features of the Report
Here are the key features of the report:
  • Strategic Segmentation
  • Competitive Analysis
  • Strategic Growth Opportunities
  • Swot Analysis
  • Key Players
  • Forecast Analysis & Future Growth
 
Know more about us and our reports:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team makes sure to have a deep research about the topics so that the most useful insights can be delivered to the professionals.
 
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
 

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