In order to keep the medical devices in a reliable condition even in the most critical situations, the global life science/ medical seals market has undergone a lot of transformations by now. Stratview Research has lately published a report on Global Life Science/ Medical Seals Market that offers an insight into the current situation and future possibilities within the forecast period of 2019 – 2025.
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The report published by Stratview Research states analytical instrumentation to be the most dominant application type segment in the market over the next five years.
By product type, O-rings is projected to remain the major as well as the highest growing segment in the market during the study period.
By material type, elastomeric seals are the clear winners, letting the life science industry move towards sustainable growth with the greater adoption of advanced materials.
Research laboratories and USP Class VI are expected to remain the most dominant segments in case of end-users type and certification type respectively.
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Stratview Research, in its report, has estimated that the market size in 2024 for life science/ medical seals market should be 1.4 times of that in 2018.
Also, the report stated that during the next six years period of 2019-2024, an estimated US$ 9.5 billion worth of life science/ medical seals market is expected to be sold globally, which is up by 40.4% from the last six year’s cumulative (2013 – 2018) sales.
North America and Europe are the two biggest regions in the medical device market with the USA being the largest producer as well as the largest consumer of medical devices in the world.
All the top five players in the global life science/ medical seals market, Saint-Gobain S.A., Trelleborg AB, Freudenberg Group, IDEX Corporation, and Parker Hannifin Corporation are either USA-based companies or based in Europe.
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Salient Features of the Report
The Stratview Report will offer a panoramic view of the global medical seals market along with these key features of the report:
- Strategic Segmentation
- Competitive Analysis
- Strategic Growth Opportunities
- Swot Analysis
- Key Players
- Forecast Analysis & Future Growth
About Stratview Research:
Stratview Research is known to offer custom research and market research reports to a number of sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team here at the global research company is known for their best assessments and screenings that can be offered to the interested companies in the form of reports.
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