Likewise other industries, COVID 19 also taken a toll on Medical Heat Sealers market with around -12.54% decline in its revenue in 2020 as compare to 2019
The global medical heat sealers market is estimated to proliferate between 2022-2028. Adequate packaging of medical and other devices is becoming an essential requirement as the COVID-19 pandemic persists well into its second year. Medical devices must have proper sealing so that they can avoid contamination. Medical instruments have to go through various environments when they are being shipped. Thus, as medical devices and equipment are used even more often, we find that the equipment required to heat seal this medical equipment is also increasingly needed.
Furthermore, the non-stick coating on a heat seal will depreciate, and high heat will prevent the membrane from sticking. Heat sealing also tends to help with microporous membrane sealing. There are also different factions of the medical heat sealers market; the two main ones are vertical heat sealing machines and horizontal heat sealing machines.
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The Global Medical Heat Sealers market is expected to witness a CAGR of 6.50% during the forecast period. The revenue generated by the global Medical Heat Sealers market in 2021 was over USD 306.16 million and is expected to generate revenue worth USD 509.54 million in 2028. Therefore, the incremental growth opportunity offered by the global Medical Heat Sealers is estimated to be USD 2.97 billion between 2022 and 2028.
The medical heat sealers market has opportunities throughout the Globe but mainly in the areas most affected by newer strains of the Coronavirus. Regions in Asia with larger populations like India and China, where there are current outbreaks of more unique variants, can be enormous markets for exporting and producing medical heat sealers. Additionally, developing countries like those in the continent of Africa may also find that investing in the medical heat sealers market will suit them infinitely better. There is much opportunity in these countries. The COVID-19 pandemic has significantly affected the trends of growth within this market. Many key players are constantly introducing advancements in the medical heat sealers market. Frequent medical heat sealing would mean more effective sterilization available in medical environments. Vertical Heat Sealing Machines and Horizontal Heat Sealing Machines are two major types of medical heat sealers.
The main drivers of the medical heat sealers market are the COVID-19 pandemic and the key players. Accu-Seal, RDM Test Equipment, Audion Elektro, Bosch Packaging Technology (Robert Bosch), PackworldUSA, OK International, PAC MACHINERY, Fuji Impulse, Star Universal, ALINESYS, SencorpWhite, and Daily Sealing are key players operating in medical heat sealers. The existence of the Coronavirus has put a greater emphasis on medical equipment packaging. The medical heat sealers market is growing exponentially to meet the growing demands of customers constantly asking for newer packaging variations. Medical heat sealers must be present in every country. The drivers of medical heal sealers are also places where diseases are prevalent. In developing countries, if there is a presence of an outbreak, then the medical heat sealer companies are likely to export their devices here.
Areas with a greater need for medical supplies are more likely to need medical heat sealing equipment. The factors which affect the medical heat sealers market are dental carriers, the rise in a geriatric population, rising dental tourism in emerging markets, other periodontal diseases, increasing dental care expenditure, and rising demand for cosmetic dentistry are the significant factors surging the growth of the global medical heat sealers market in dental practice. Medical practice, surgeries, and laboratories require sterile and hygienic medical equipment for several operations. Medical Supplies and Medicine Packaging are two major application markets for medical heat sealers. In addition, the rise in procedures in cosmetic surgeries acts as a significant factor, and the increase in the population opting for fillers and surgeries also contributes to the increasing demand.
Likewise other industries, COVID 19 also taken a toll on Medical Heat Sealers market with around -12.54% decline in its revenue in 2020 as compare to 2019
Europe is the largest regional market with highest share in the total revenue generation of Medical Heat Sealers consumed in 2021
Strong growth of pharmaceutical industry shipments in the Europe is primary factor fuelling growth of Medical Heat Sealers
Horizontal Heat-Sealing Machines segment dominated the Medical Heat Sealers market in 2021 with over 60% share
Medical Supplies Heat Sealers was the largest application of Medical Heat Sealers in 2021 with over 70% share
Report Attribute | Details |
---|---|
Market Value in 2021 | USD 306.16 million |
Market Value in 2028 | USD 509.54 million |
CAGR | 6.50% between 2021 and 2028 |
Benchmarking Year | 2021 |
Past data | 2016 – 2021 |
Forecast period | 2022 – 2028 |
Report coverage | Market Size Valuation, Share Analysis and Growth Rate by Segments such as Type and Application, Company Share, Competitive Landscape and Trends Analysis |
Major Players Analysed | Accu-Seal, RDM Test Equipment, Audion Elektro, Bosch Packaging Technology (Robert Bosch), PackworldUSA, OK International, PAC MACHINERY, Fuji Impulse, Star Universal, ALINESYS, SencorpWhite and Daily Sealing. |
Cost of the Report | Write us at [email protected] |