Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1324.56 million | USD 2,350.46 million | 6.58% | 2023 |
The global medical tray sealers market size revenue was worth approximately USD 1324.56 Million in 2023 and is predicted to gain revenue of about USD 2,350.46 Million by 2032, is set to record a CAGR of nearly 6.58% over the period from 2024 to 2032
Medical tray sealers are designed to fulfill customer needs with regards to tray. These products find wide applications in feed, pack discharge, cataloging, and inspection of quality. They are made from plastics, cardboard, aluminum, and foamed substances and find applications for sealing medical thermoform trays.
Medical tray sealers can be easily handled and less maintenance is required. They are also available in myriad options as per the manufacturer’s requirement. They find a plethora of applications for medical equipment and medications. This, in turn, will drive the medical tray sealers market trends. Additionally, favorable & user–friendly features such as PLC control and touch screen will further propel the medical tray sealers market size in the years ahead.
Moreover, growing need for increasing the accuracy and productivity of machines as well as production will boost the growth of the medical tray sealers market in the years to come. Advanced techniques including UDI compliance, verification of radio-frequency identification tool, and barcode scanners can be availed in medical tray sealers. With the massive expansion of medical equipment sector, the medical tray sealers market demand is likely to surge in the coming decade.
Report Attributes | Report Details |
---|---|
Report Name | Medical Tray Sealers Market |
Market Size in 2023 | USD 1324.56 Million |
Market Forecast in 2032 | USD 2,350.46 Million |
Growth Rate | CAGR of 6.58% |
Number of Pages | 206 |
Key Companies Covered | Atlas Vac Machine, LLC, Sencorp Inc., Accu-Seal, Nelipak Healthcare, Cama 1 S.p.A., APEX Packaging Corporation, Belco Packaging Systems, MULTIVAC, Tramper Technology, Ossid, LLC., The Platinum Package Group, Webomatic Maschinenfabrik GmbH, Cima-Pak Corporation, Veripack Solutions India Pvt. Ltd., ORVED, S.P.A., BELCA S.A., Italianpack S.r.l., ULMA Packaging, Sealpac International, ILPRA SPA - PACKAGING SOLUTIONS., G.Mondini, Multivac, and others. |
Segments Covered | By Sealing Area, By Operational Mode, By Packaging Applications, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The medical tray sealers market can be classified into operational mode, packaging application, and sealing area.
Based on the operational mode, the market is sectored into between 20×20 inches to 30×25 inches, lesser than 20×20 inches, and greater than 30×25 inches.
Packaging application wise, the market can be classified into surgical devices, medical consumables & disposables, and pharmaceuticals.
Based on the sealing area, the market can be divided into semi-automatic and automatic.
Based on the region, the overall medical tray sealers market can be divided into five main regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America medical tray sealers market is slated to witness lucrative growth over the years ahead, subject to the presence of a large number of giant manufacturers in the countries such as the United States of America. Moreover, Europe is likely to make notable contributions towards medical tray sealers market earnings in the years ahead. The soaring regional growth can be attributed to an increase in the packaging for equipment including syringes, catheters, and diagnostic kits in the region.
With unmet medical needs of the growing population in the countries such as Indonesia, India, China, Bangladesh, and Sri Lanka, Asia Pacific medical tray sealers market is likely to witness a commendable growth in the foreseeable future. Latin America and the Middle East and Africa are the major markets have bright growth prospects in the forthcoming years.
Some of the key players in medical tray sealers market are
By Sealing Area
By Operational Mode
By Packaging Applications
By Region
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