Medical Processing Seals (MPS) Market Size, Share, Growth Analysis, By Materials(The silicone MPS industry is anticipated to gain traction owing to growing preference over other elastomers. This can be ascribed to the higher suitability of the material in devices that have no close contact with the human body. Apart from limiting bacteria growth, silicone is known for its higher compatibility with body fluids and human tissue. Increasing adoption of silicone O-rings to show extreme flexibility even in low ambient temperatures will act as a substantial driver for the market growth.), By Application segmentation(The MIPS market share from O-rings is likely to reach a significant value. This can be attributed to the growing utility of O-rings in several applications, like drug delivery devices) - Industry Forecast 2024-2031