Global Medical Grade POM Resin Market Growth 2024-2030

Global Medical Grade POM Resin Market Growth 2024-2030

Medical Grade POM (Polyoxymethylene) resin possesses properties ideal for medical device applications, including strength, rigidity, impact resistance, low wear, low friction, resilience, and creep resistance.

The global Medical Grade POM Resin market size is projected to grow from US$ 130 million in 2024 to US$ 196 million in 2030; it is expected to grow at a CAGR of 7.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Medical Grade POM Resin Industry Forecast” looks at past sales and reviews total world Medical Grade POM Resin sales in 2023, providing a comprehensive analysis by region and market sector of projected Medical Grade POM Resin sales for 2024 through 2030. With Medical Grade POM Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Grade POM Resin industry.

This Insight Report provides a comprehensive analysis of the global Medical Grade POM Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Grade POM Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Grade POM Resin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Grade POM Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Grade POM Resin.

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Grade POM Resin market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Homopolymer POM
Copolymer POM

Segmentation by Application:
Dialysis Machine
Handles for Surgical Instruments
Inhalers
Insulin Pen
Medical Trays
Pharmaceutical Closures
Other Applications

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Kolon ENP
BASF SE
Celanese Corporation
Polyplastics Co., Ltd.
Asahi Kasei Corporation
SABIC
DuPont
Ensinger
Global Polyacetal
Mitsubishi
Novameta

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Grade POM Resin market?

What factors are driving Medical Grade POM Resin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Grade POM Resin market opportunities vary by end market size?

How does Medical Grade POM Resin break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.