Medical processing seals are an important part of almost every medical device & equipment, as they are used for various functions such as to prevent contamination & leakage and to reduce friction & abrasion, among others. The properties of medical processing seals such as excellent chemical resistance, stability at extreme temperatures & pressure conditions enable them to be used in different applications. These properties are thus expected to drive the demand for medical processing seals during the forecast period.
The key players in the medical processing seals market 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). The medical processing seals market report analyzes the key growth strategies adopted by the leading market players, between 2014 and 2018, which include expansion, new product development, and merger & acquisition.
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Freudenberg Group is one of the leading manufacturers of medical processing seals. The company operates through three business segments, namely, seals and vibration control technology; nonwovens and filtration; household, and specialties and others business segments. The company offers sealing solutions for the medical industry through its subsidiary, Freudenberg Sealing Technologies. This company is a major player operating in the medical processing seals market. It offers a wide range of medical processing seals products, such as miniature dental O-rings and silicone O-rings, for the medical industry. The major advantage for the company is that it is backward integrated, and hence can easily formulate customized products according to the customers’ demands. It offers sealing solutions for various markets such as fluid technologies, heavy industries, mobile machinery, mobility, power, and others. The company offers medical sealing solutions through the fluid technology market.
Trelleborg AB is among the key players in the medical processing seals market. The company has adopted growth strategies such as merger & acquisition, expansion, and new product development. It offers engineered polymer solutions used in sealing, damping, and protecting applications. The company offers sealing solutions for the medical industry through its subsidiary, Trelleborg Sealing Solutions. It has a strong product portfolio of seals including diaphragms, sanitary gaskets, O-rings, and custom molded products for the medical industry. The company is one of the leading medical seals manufacturing companies, globally. It has a strong geographical presence in more than 40 countries with 28 manufacturing facilities and 9 R&D centers in Europe and the Americas.
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
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