Global Polyoxymethylene (POM) Resins for Medical Instruments Market Growth 2025-2031

The global Polyoxymethylene (POM) Resins for Medical Instruments market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Polyoxymethylene (POM) is a high-performance engineered thermoplastic, which is traditionally produced through ring opening polymerization of formaldehyde and is mainly supplied in the form of pellets. POM resins are produced by the process of polymerization of formaldehyde so as to provide the homopolymers and copolymers by deploying the other monomers. They are known for its several constructive and mechanical properties which makes them a suitable material to replace metal in production of several medical devices. POM is known to provide metal-like machining properties along with thermal and dimensional stability, ultra-high modulus, enhanced strength, hardness and rigidness, minimal friction coefficient and gas/vapor permeability, dielectric strength, and better retention characteristics at elevated temperature. All such properties make it an ideal material to be used in production of several medical devices and equipment such as dialysis machines, handles for instrument, pharmaceutical closure, inhalers, insulin pens and other such application areas.

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.

LP Information, Inc. (LPI) ' newest research report, the “Polyoxymethylene (POM) Resins for Medical Instruments Industry Forecast” looks at past sales and reviews total world Polyoxymethylene (POM) Resins for Medical Instruments sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyoxymethylene (POM) Resins for Medical Instruments sales for 2025 through 2031. With Polyoxymethylene (POM) Resins for Medical Instruments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyoxymethylene (POM) Resins for Medical Instruments industry.

This Insight Report provides a comprehensive analysis of the global Polyoxymethylene (POM) Resins for Medical Instruments 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 Polyoxymethylene (POM) Resins for Medical Instruments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyoxymethylene (POM) Resins for Medical Instruments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyoxymethylene (POM) Resins for Medical Instruments 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 Polyoxymethylene (POM) Resins for Medical Instruments.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyoxymethylene (POM) Resins for Medical Instruments market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Homo-polyoxymethylene

Co-polyoxymethylene

Segmentation by Application:

Dialysis Machine

Handles for Surgical Instruments

Inhalers

Insulin Pen

Others

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.

Polyplastics Co.,Ltd

Ensinger

Inventro Polymers

Kolon Plastics

Korea Engineering Plastics Co., Ltd

LG Chem

Mitsubishi Engineering-Plastics Corporation

Celanese

DuPont

YUNTIANHUA

BLUESTAR

Henan Energy and Chemical Industry

Shenhua Ningxia Coal Industry Group Co., Ltd

CNOOC Tianye Chemical Co., Ltd.

BASF

Formosa Plastics Corporation

Asahi Kasei

KEP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyoxymethylene (POM) Resins for Medical Instruments market?

What factors are driving Polyoxymethylene (POM) Resins for Medical Instruments market growth, globally and by region?

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

How do Polyoxymethylene (POM) Resins for Medical Instruments market opportunities vary by end market size?

How does Polyoxymethylene (POM) Resins for Medical Instruments break out by Type, by Application?

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