MEDICAL SEALS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In January 2024, Freudenberg Sealing Technologies, a medical device company, secured a new purchase agreement with Ypsomed, a Swiss medical technology specialist, for seals used in insulin pumps. The increased order volume significantly surpasses previous levels, highlighting Freudenberg Sealing Technologies' strong reputation for reliability and expertise in the medical technology sector.
• In November 2023, Ethicon, a Johnson & Johnson MedTech company, launched ETHIZIA, Hemostatic Sealing Patch, an innovative hemostat designed for challenging bleeding scenarios. This synthetic polymer technology is the first hemostatic matrix to be equally effective on both sides, offering sustained hemostasis.
• In January 2022, Henkel, Chemicals company launched three new low-pressure molding (LPM) materials aimed at sealing and safeguarding medical devices against environmental challenges such as moisture, temperature variations, chemicals, vibration, and impact. Loctite PA 6732, Loctite PA 6682, and Loctite PA 6951 utilize a gentle, low-pressure process to fully encapsulate a range of medical devices.
• In July 2021, Medcura, Inc., a medical device company, in collaboration with ASO, LLC, a prominent U.S.-based manufacturer of first aid products, introduced Rapid-Seal, an advanced antibacterial hemostatic gel