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Biomaterials

PUBLISHER: Grand View Research | PRODUCT CODE: 1553627

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PUBLISHER: Grand View Research | PRODUCT CODE: 1553627

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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Description

Table of Contents

List of Tables

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, according to a new study by Grand View Research, Inc. 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.
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Product Code: GVR-4-68040-086-6

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.
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Product Code: GVR-4-68040-086-6

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
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