The medical tray sealers market size is expected to see strong growth in the next few years. It will grow to $2.19 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing demand for sterile medical packaging, rising healthcare expenditure, regulatory requirements, and the upsurge in surgical procedures. Key trends expected in this period include technological advancements, innovation in materials, adherence to regulatory compliance, and a focus on customization and versatility.
The anticipated rise in healthcare expenditure is poised to propel the expansion of the medical tray sealer market in the foreseeable future. Healthcare expenditure encompasses the total amount allocated to healthcare goods and services, encompassing medical treatments, medications, hospitalizations, and preventive care, reflecting the comprehensive cost of healthcare provision within a given population. The growth of medical tray sealers is closely tied to healthcare expenditure as it stimulates demand for advanced medical equipment and technology, including sterilization and packaging solutions essential for maintaining safety standards. The healthcare infrastructure plays a pivotal role in ensuring the availability, upkeep, and effective operation of medical tray sealers, vital for the safe and sterile packaging of medical instruments. For instance, as reported by the National Institutes of Health in January 2024, healthcare expenditure in the US surged by 4.1% in 2022, reaching $4.5 trillion, marking a faster growth rate compared to the 3.2% increase observed in 2021. Thus, the upsurge in healthcare expenditure is a driving force behind the growth of the medical tray sealer market.
Leading companies in the medical tray sealer market are intensifying their focus on innovating solutions, such as automated cut-and-seal machines, to streamline the packaging process, boost efficiency, and cater to the evolving demands of the healthcare sector. Automated cut-and-seal machines are designed to automatically cut and seal materials, typically plastic or other packaging materials, to create sealed packages or pouches. For example, in February 2021, Sonoco Alloyd, a US-based packaging company, introduced the Roll-Feed Aergo 2 Plus, a novel roll-fed, cut-and-seal machine. Tailored specifically to seal medical trays with roll-fed lidding, this machine offers a swifter and more efficient method of sealing medical trays with Tyvek lidding sourced from roll stock. It eliminates the need for manual placement of cut lids, enhancing production speeds, seal quality, and accuracy while reducing material scrap and tooling costs.
In June 2022, ProMach, a US-based packaging company, acquired Reepack S.R.L. for an undisclosed sum. This strategic acquisition bolsters ProMach's foothold in the food packaging sector and enhances its position as a leading provider of protein packaging automation. Reepack S.R.L., headquartered in Italy, specializes in offering medical tray sealers as part of its packaging solutions tailored for the medical device industry.
Major companies operating in the medical tray sealers market are Multivac Inc., Nelipak Corporation, ULMA Packaging S.A.R.L, SencorpWhite, ILPRA SPA, Cama Group, Tramper Technology B.V., WEBOMATIC Maschinenfabrik GmbH, SEALPAC International B.V., Belco Packaging Systems Inc., BELCA S.A., ZED Industries Inc., VARIOVAC PS Systempack GmbH, Accu-Seal Corporation, Cima-Pak Corporation, Veripack Solutions S.L., Atlas Vac Machine LLC, Starview Packaging Machinery Inc., Italianpack S.r.l., APEX Packaging Corporation, G. Mondini S.p.A., The Platinum Package Group Inc., RapidPak Inc., Orved S.p.A., Veripack Solutions India Pvt. Ltd.
North America was the largest region in the medical tray sealers market in 2023. The regions covered in the medical tray sealers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the medical tray sealers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Medical tray sealers are devices utilized to securely seal medical trays, ensuring the sterility and protection of their contents. They utilize heat and pressure to establish a tight seal between the tray and a film or lid, thus playing a vital role in maintaining the integrity of medical instruments and supplies during storage and transport.
The primary types of medical tray sealers comprise manual tray sealers and automatic tray sealers. Automatic tray sealers are machines engineered to seal medical trays with minimal human intervention. These sealers find applications in packaging surgical devices, pharmaceuticals, medical consumables, disposables, tubes, and diagnostic kits, catering to end users such as hospitals, clinics, research institutes, and others.
The medical tray sealers market research report is one of a series of new reports that provides medical tray sealers market statistics, including the medical tray sealers industry global market size, regional shares, competitors with the medical tray sealers market share, detailed medical tray sealers market segments, market trends, and opportunities, and any further data you may need to thrive in the medical tray sealers industry. These medical tray sealers market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The medical tray sealers market consists of sales of rotary tray sealers, inline tray sealers, and heat sealers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Medical Tray Sealers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on medical tray sealers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for medical tray sealers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical tray sealers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Manual Tray Sealers; Automatic Tray Sealers2) By Packaging Applications: Surgical Devices; Pharmaceuticals; Medical Consumables; Disposables; Tubes; Diagnostic Kits
3) By End User: Hospitals; Clinics; Research Institutes; Other End Users
Key Companies Mentioned: Multivac Inc.; Nelipak Corporation; ULMA Packaging S.A.R.L; SencorpWhite; ILPRA SPA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Multivac Inc.
- Nelipak Corporation
- ULMA Packaging S.A.R.L
- SencorpWhite
- ILPRA SPA
- Cama Group
- Tramper Technology B.V.
- WEBOMATIC Maschinenfabrik GmbH
- SEALPAC International B.V.
- Belco Packaging Systems Inc.
- BELCA S.A.
- ZED Industries Inc.
- VARIOVAC PS Systempack GmbH
- Accu-Seal Corporation
- Cima-Pak Corporation
- Veripack Solutions S.L.
- Atlas Vac Machine LLC
- Starview Packaging Machinery Inc.
- Italianpack S.r.l.
- APEX Packaging Corporation
- G. Mondini S.p.A.
- The Platinum Package Group Inc.
- RapidPak Inc.
- Orved S.p.A.
- Veripack Solutions India Pvt. Ltd.
Methodology
LOADING...