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Medical Polyoxymethylene Market Size, Share & Trends Analysis Report By Type (Homopolymer POM, Copolymer POM), By Application (Inhalers, Insulin Pen), By Region, And Segment Forecasts, 2024 - 2030- Product Image
Medical Polyoxymethylene Market Size, Share & Trends Analysis Report By Type (Homopolymer POM, Copolymer POM), By Application (Inhalers, Insulin Pen), By Region, And Segment Forecasts, 2024 - 2030- Product Image
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Medical Polyoxymethylene Market Size, Share & Trends Analysis Report By Type (Homopolymer POM, Copolymer POM), By Application (Inhalers, Insulin Pen), By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 110 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 5998929
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Medical Polyoxymethylene Market Growth & Trends

The global medical polyoxymethylene market size is expected to reach USD 183.46 million by 2030, growing at a CAGR of 6.4% from 2024 to 2030. The market is predicted to grow significantly in the coming years as demand for medical devices and equipment rises. Polyoxymethylene is a material that is extensively used in the manufacture of several medical devices such as catheters, surgical instruments, implants, and drug delivery systems.

The growing elderly population and the rise in chronic diseases are also driving market expansion, and increasing demand for medical devices and equipment. Furthermore, rising awareness of the benefits of employing POM in medicinal applications, as well as technological advancements, are propelling the market forward.

Several drug delivery device manufacturers are focusing on creating complex products by utilizing high-performance materials with improved physical and mechanical properties, along with advanced functionality and improved aesthetics, which could align with the cost-effectiveness and goal of meeting complexity. Thus, manufacturers are developing the usage of polyoxymethylene (POM) in medication delivery systems to meet the increasing demand.

The expansion of the medical sector in developing nations such as China, South Korea, and India provides lucrative potential for the growth of the Asia Pacific medical polyoxymethylene market. Due to their well-established healthcare infrastructure and rising acceptance of new medical technologies, North America and Europe are also projected to witness significant development. Another element boosting the industry in the region is the easy accessibility and availability of raw materials, combined with cost-effective labor and low production costs.

Medical Polyoxymethylene Market Report Highlights

  • Asia Pacific dominated the overall market owing to the presence of a strong medical industry base along with the rise in diabetic patients and lifestyle changes.
  • Copolymer polyoxymethylene accounted to be the largest type segment of the global market in 2023 and is also anticipated to dominate the market from 2024 to 2030.
  • Insulin pens dominated the application segment in the market accounting for 34.3% in terms of revenue. Insulin pens are becoming more prevalent globally due to their ease of use and affordability.
  • In May 2024, Celanese Corporation announced the conversion of its POM-making process into a sustainable practice. The company aims to ensure that its production facility in Bishop, Texas in the U.S. achieves a net zero carbon footprint through these initiatives.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope And Assumptions
1.4.1 List Of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot 2023
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Medical Polyoxymethylene Market : Variables And Trends
3.1 Market Lineage Outlook
3.1.1 Global Polyoxymethylene Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Profit Margin Analysis Of Key Value Chain Participants
3.3.2 Raw Material Trends
3.3.3 Raw Material Price Analysis
3.4 Sales Channel Analysis
3.4.1 List Of Key Medical Product Customer/Oem
3.4.2 List Of Key Medical Pom Distributors
3.5 Technology Overview
3.5.1 Commercial Production Technology
3.5.2 Roadmap Of Technology Advancements, 2018 - 2030
3.6 Analysis Of Potential Sustainable Substitute Materials
3.7 Impact Of Circular Economy On Medical Polyoxymethylene Market
3.8 Global Average Price Trend Analysis, By Application, 2018 - 2030 (USD/Kilogram)
3.8.1 Dialysis Machines
3.8.2 Handles For Surgical Instruments
3.8.3 Inhalers
3.8.4 Insulin Pen
3.8.5 Medical Trays
3.8.6 Pharmaceutical Closures
3.9 Supply-Demand Gap Analysis
3.10 Regulatory Framework
3.10.1 Policies And Incentive Plans
3.10.2 Standards & Compliances
3.10.3 Regulatory Impact Analysis
3.11 Supplier Intelligence
3.11.1 Kraljic Matrix/Portfolio Analysis
3.11.2 Engagement Model
3.11.3 List Of Suppliers
3.12 Market Dynamics
3.12.1 Market Driver Impact Analysis
3.12.1.1 Significant Growth In Cardiovascular Disease Cases Worldwide
3.12.1.2 Surge In Investments In Global Medical Devices Industry
3.12.2 Market Restraint Impact Analysis
3.12.2.1 Stringent Regulations On The Use Of Thermoplastics And Competition From Traditional Materials
3.12.3 Market Opportunity Impact Analysis
3.12.3.1 Emerging Applications In Tissue Engineering
3.12.4 Industry Challenge Analysis
3.13 Market Business Environment Analysis
3.13.1 Industry Analysis: Porter’s Five Forces Model
3.13.2 Macroeconomic Environment Analysis
3.14 Looming Inflation Concerns & Economic Slowdown And Their Impact On The Market
3.15 Supply Chain Disruption In The Red Sea
Chapter 4 Medical Polyoxymethylene Market: Type Estimates & Trend Analysis
4.1 Type Movement Analysis & Market Share Volume, 2023 & 2030
4.2 Medical Polyoxymethylene Market Estimates & Forecasts, By Type (Kilotons) (USD Million)
4.2.1 Homopolymer Pom
4.2.1.1 Homopolymer Pom Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
4.2.2 Copolymer Pom
4.2.2.1 Copolymer Pom Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 5 Medical Polyoxymethylene Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share Volume, 2023 & 2030
5.2 Medical Polyoxymethylene Market Estimates & Forecasts, By Application (Kilotons) (USD Million)
5.2.1 Dialysis Machine
5.2.1.1 Medical Polyoxymethylene Market Estimates & Forecasts For Dialysis Machine, 2018 - 2030 (Kilotons) (USD Million)
5.2.2 Handles For Surgical Instruments
5.2.2.1 Medical Polyoxymethylene Market Estimates & Forecasts For Handles For Surgical Instruments, 2018 - 2030 (Kilotons) (USD Million)
5.2.3 Inhalers
5.2.3.1 Medical Polyoxymethylene Market Estimates & Forecasts For Inhalers, 2018 - 2030 (Kilotons) (USD Million)
5.2.4 Insulin Pen
5.2.4.1 Medical Polyoxymethylene Market Estimates & Forecasts In Insulin Pen, 2018 - 2030 (Kilotons) (USD Million)
5.2.5 Medical Trays
5.2.5.1 Medical Polyoxymethylene Market Estimates & Forecasts In Medical Trays, 2018 - 2030 (Kilotons) (USD Million)
5.2.6 Pharmaceutical Closures
5.2.6.1 Medical Polyoxymethylene Market Estimates & Forecasts In Pharmaceutical Closures, 2018 - 2030 (Kilotons) (USD Million)
5.2.7 Other Applications
5.2.7.1 Medical Polyoxymethylene Market Estimates & Forecasts In Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Medical Polyoxymethylene Market - Regional Estimates & Trend Analysis
6.1 Medical Polyoxymethylene Market: Regional Outlook
6.2 North America
6.2.1 North America Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2 U.S.
6.2.2.1 U.S. Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3 Canada
6.2.3.1 Canada Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4 Mexico
6.2.4.1 Mexico Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3 Europe
6.3.1 Europe Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.2 Germany
6.3.2.1 Germany Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.3 Uk
6.3.3.1 Uk Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.4 France
6.3.4.1 France Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.5 Italy
6.3.5.1 Italy Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.6 Spain
6.3.6.1 Spain Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.7 Netherlands
6.3.7.1 Netherlands Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.8 Norway
6.3.8.1 Norway Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.9 Denmark
6.3.9.1 Denmark Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.2 China
6.4.2.1 China Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)X
6.4.3 India
6.4.3.1 India Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.4 Japan
6.4.4.1 Japan Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.5 Australia
6.4.5.1 Australia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.6 South Korea
6.4.6.1 South Korea Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.7 Malaysia
6.4.7.1 Malaysia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.8 Singapore
6.4.8.1 Singapore Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.9 Thailand
6.4.9.1 Thailand Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.10 Vietnam
6.4.10.1 Vietnam Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5 Central & South America
6.5.1 Central & South America Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.2 Brazil
6.5.2.1 Brazil Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.3 Argentina
6.5.3.1 Argentina Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6 Middle East & Africa
6.6.1 Middle East & Africa Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.2 Saudi Arabia
6.6.2.1 Saudi Arabia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.3 South Africa
6.6.3.1 South Africa Medical Polyoxymethylene Market estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.4 UAE
6.6.4.1 UAE Medical Polyoxymethylene Market estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Medical Polyoxymethylene Market - Competitive Landscape
7.1 Recent Developments & Impact Analysis, by Key Market Participant
7.2 Vendor Landscape
7.2.1 Company Categorization
7.2.2 List Of Key Distributors & Channel Partners
7.2.3 List Of Potential Cutomers/Key End-Users
7.3 Competitive Dynamics
7.3.1 Company Market Share Analysis
7.3.2 Market Positioning
7.3.3 Competitive Benchmarking
7.3.4 Strategy Mapping
7.3.4.1 Expansions
7.3.4.2 Partnerships & Collaborations
7.3.4.3 Mergers & Acquisitions
7.3.4.4 New product Launches
7.3.4.5 research & development
7.3.4.6 others
7.3.5 Company Heat Map Analysis (2023)
7.4 Company Listing
7.4.1 Participant’s Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.5 Kolon ENP
7.6 BASF SE
7.7 Celanese Corporation
7.8 Polyplastics Co., Ltd.
7.9 ASAHI KASEI CORPORATION
7.10 SABIC
7.11 Delrin USA, LLC
7.12 Ensinger
7.13 GLOBAL POLYACETAL CO., LTD.
List of Tables
Table 1 Medical Polyoxymethylene Market Estimates and Forecasts, By Type, 2018 - 2030 (Kilotons)
Table 2 Medical Polyoxymethylene Market Estimates and Forecast, By Type, 2018 - 2030 (USD Million)
Table 3 Medical Polyoxymethylene Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons)
Table 4 Medical Polyoxymethylene Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
Table 5 Recent Developments & Impact Analysis, by Key Market Participant
Table 6 Key companies undergoing expansions
Table 7 Key companies involved in partnerships & collaborations
Table 8 Key companies involved in mergers & acquisitions
Table 9 Key companies involved in new product launches
Table 10 Key companies involved in research & development
Table 11 Key companies adopting other initiatives
Table 12 Company Heat Map Analysis (2023)
Table 13 Participant’s Overview
Table 14 Financial Performance
Table 15 Product Benchmarking
List of Figures
Fig. 1 Medical Polyoxymethylene Market Segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot, 2023
Fig. 7 Segment snapshot, 2023
Fig. 8 Competitive Landscape Snapshot, 2023
Fig. 9 Plastics Market vs Polyoxymethylene Market, 2023 (USD Million)
Fig. 10 Medical Polyoxymethylene Market - Industry Value Chain Analysis
Fig. 11 Medical Polyoxymethylene in Dialysis Machines: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 12 Medical Polyoxymethylene in Handles for Surgical Instruments: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 13 Medical Polyoxymethylene in Inhalers: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 14 Medical Polyoxymethylene in Insulin Pen: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 15 Medical Polyoxymethylene in Medical Trays: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 16 Medical Polyoxymethylene in Pharmaceutical Closures: Price Trend Analysis, 2018 - 2030 (USD/Kilogram)
Fig. 17 Kraljic Matrix
Fig. 18 Engagement Model
Fig. 19 Medical Polyoxymethylene Market Dynamics
Fig. 20 Global Number of Cardiovascular Disease Cases, 2018 - 2023 (Million)
Fig. 21 Global Investments in Medical Devices Industry, 2018 - 2023 (USD Billion)
Fig. 22 Medical Polyoxymethylene Market: PORTER’s Analysis
Fig. 23 Medical Polyoxymethylene Market: PESTEL Analysis
Fig. 24 Medical Polyoxymethylene Market, by Type: Key Takeaways
Fig. 25 Medical Polyoxymethylene Market, by Type: Market Share Volume, 2023 & 2030
Fig. 26 Homopolymer POM Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 27 Copolymer POM Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 28 Medical Polyoxymethylene Market, by Application: Key Takeaways
Fig. 29 Medical Polyoxymethylene Market, by Application: Market Share Volume, 2023 & 2030
Fig. 30 Medical Polyoxymethylene Market Estimates & Forecasts for Dialysis Machine, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 Medical Polyoxymethylene Market Estimates & Forecasts in Handles for Surgical Instruments, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 Medical Polyoxymethylene Market Estimates & Forecasts for Inhalers, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 Medical Polyoxymethylene Market Estimates & Forecasts in Insulin Pen, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Medical Polyoxymethylene Market Estimates & Forecasts in Medical Trays, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 Medical Polyoxymethylene Market Estimates & Forecasts in Pharmaceutical Closures, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 Medical Polyoxymethylene Market Estimates & Forecasts in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Medical Polyoxymethylene Market, by Region, 2023 & 2030 (USD million)
Fig. 38 North America Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 39 U.S. Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 Canada Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 Mexico Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Europe Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 43 Germany Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 44 UK Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 45 France Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 46 Italy Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 47 Spain Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 48 Netherlands Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 49 Norway Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 50 Denmark Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 51 Asia Pacific Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 52 China Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 53 India Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 54 Japan Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 55 Australia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 56 South Korea Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 57 Malaysia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 58 Singapore Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 59 Thailand Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 60 Vietnam Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 61 Central & South America Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 62 Brazil Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 63 Argentina Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 64 Middle East & Africa Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 65 Saudi Arabia Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 66 South Africa Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 67 UAE Medical Polyoxymethylene Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 68 Market snapshot, 2023
Fig. 69 Company Market Positioning
Fig. 70 Competitive Benchmarking

Companies Mentioned

  • Kolon ENP
  • BASF SE
  • Celanese Corporation
  • Polyplastics Co., Ltd.
  • ASAHI KASEI CORPORATION
  • SABIC
  • Delrin USA, LLC
  • Ensinger
  • GLOBAL POLYACETAL CO., LTD.

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedAugust 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 117.69 Million
Forecasted Market Value ( USD ) by 2030 $ 183.46 Million
Compound Annual Growth Rate6.4%
Regions CoveredGlobal
No. of Companies Mentioned9

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