The medical polyoxymethylene (POM) market is forecasted to grow by USD 2890.4 mn during 2023-2028, accelerating at a CAGR of 5.46% during the forecast period. The report on the medical polyoxymethylene (POM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand from drug contact and delivery applications, growing demand for minimally invasive surgical procedures, and growing awareness of the benefits of using high-performance polymers in the healthcare sector.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
5.07%
CAGR
5.46%
Incremental Value
$2890.4 mn
Technavio's medical polyoxymethylene (POM) market is segmented as below:
By Type
Homopolymer POM
Copolymer POM
By Application
Dialysis machines
Handles for surgical instruments
Inhalers
Others
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the emerging applications in tissue engineering as one of the prime reasons driving the medical polyoxymethylene (POM) market growth during the next few years. Also, significant research on polyoxymethylene and diversified applications of polyoxymethylene in medical industry and rise in instances of hospital-acquired infections (hais) will lead to sizable demand in the market.
The report on the medical polyoxymethylene (POM) market covers the following areas:
Medical polyoxymethylene (POM) market sizing
Medical polyoxymethylene (POM) market forecast
Medical polyoxymethylene (POM) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical polyoxymethylene (POM) market vendors that include ADDTEK Chemical, Asahi Kasei Corp., Ascend Performance Materials, Avient Corp., BASF SE, Celanese Corp., Daicel Corp., DuPont de Nemours Inc., Ensinger, Inventro Polymers, Kolon Plastics Inc., Korea Engineering Plastics Co. Ltd., LG Chem Ltd., Mitsubishi Chemical Corp., Saudi Basic Industries Corp., Westlake Plastics Co., and Yuntianhua Group Co. Ltd.. Also, the medical polyoxymethylene (POM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Medical Polyoxymethylene (POM) Market 2018 - 2022
Historic Market Size - Data Table on Global Medical Polyoxymethylene (POM) Market 2018 - 2022 ($ million)