Global Medical Polyoxymethylene (Pom) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Homopolymer POM and Copolymer POM.

By Application;

Dialysis Machine, Handles for Surgical Instruments, Inhalers, Insulin Pen, Medical Trays, Pharmaceutical Closures, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn115167484 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Medical Polyoxymethylene (Pom) Market (USD Million), 2021 - 2031

In the year 2024, the Global Medical Polyoxymethylene (Pom) Market was valued at USD 74.93 million. The size of this market is expected to increase to USD 99.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

The global medical Polyoxymethylene (POM) market has experienced significant growth in recent years, driven by its extensive applications in the healthcare sector. POM, a high-performance engineering thermoplastic, is renowned for its excellent mechanical properties, chemical resistance, and low friction. These characteristics make it an ideal material for manufacturing various medical devices, components, and instruments. As the demand for advanced healthcare solutions continues to rise, the POM market is poised for further expansion, supported by ongoing technological advancements and the increasing prevalence of chronic diseases.

One of the primary factors propelling the growth of the medical POM market is the rising demand for minimally invasive surgical procedures. POM's biocompatibility and sterilization resistance make it a preferred choice for producing surgical instruments, orthopedic implants, and dental devices. Additionally, the material's ability to withstand repeated sterilization cycles without significant degradation ensures its durability and reliability in critical medical applications. This has led to its widespread adoption in hospitals, clinics, and ambulatory surgical centers, further boosting market growth.

The global medical POM market is also benefiting from the increasing investments in healthcare infrastructure, particularly in emerging economies. Governments and private entities are allocating substantial funds to improve healthcare facilities, enhance patient care, and develop advanced medical technologies. This surge in investments is creating lucrative opportunities for POM manufacturers to expand their product portfolios and cater to the evolving needs of the healthcare industry. Moreover, stringent regulatory standards and guidelines regarding the safety and efficacy of medical devices are driving manufacturers to adopt high-quality materials like POM, ensuring compliance and fostering market growth.

The medical POM market faces challenges such as fluctuating raw material prices and environmental concerns associated with plastic waste. To address these issues, industry players are focusing on developing sustainable alternatives and recycling methods to minimize the environmental impact. Furthermore, ongoing research and development activities aimed at enhancing the material properties of POM and exploring new applications in the medical field are expected to mitigate these challenges and open new avenues for market growth. Overall, the global medical POM market is set to witness robust growth, driven by technological advancements, increasing healthcare investments, and the material's superior performance in medical applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Medical Polyoxymethylene (Pom) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing healthcare expenditure
        2. Advancements in medical technology
        3. Rising geriatric population
        4. Increasing demand for disposable medical devices
      2. Restraints
        1. High raw material costs
        2. Stringent regulatory requirements
        3. Environmental concerns
        4. Market competition from alternatives
      3. Opportunities
        1. Technological innovations
        2. Emerging markets expansion
        3. Rising demand for biocompatible materials
        4. Increased R&D investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Medical Polyoxymethylene (Pom) Market, By Type, 2021 - 2031 (USD Million)
      1. Homopolymer POM
      2. Copolymer POM
    2. Global Medical Polyoxymethylene (Pom) Market, By Application, 2021 - 2031 (USD Million)
      1. Dialysis Machine
      2. Handles for Surgical Instruments
      3. Inhalers
      4. Insulin Pen
      5. Medical Trays
      6. Pharmaceutical Closures
      7. Others
    3. Global Medical Polyoxymethylene (Pom) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Celanese Corporation
      2. BASF SE
      3. DuPont
      4. LG Chem
      5. Asahi Kasei Corporation
      6. Mitsubishi Engineering-Plastics Corporation
      7. Polyplastics Co., Ltd
      8. Kolon Plastics, Inc
      9. Yunnan Yuntianhua Co., Ltd
      10. Formosa Plastics Corporation
  7. Analyst Views
  8. Future Outlook of the Market