Japan Medical Polyoxymethylene (pom) Market Size & Outlook
Japan medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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Japan medical polyoxymethylene (pom) market highlights
- The Japan medical polyoxymethylene (pom) market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 10.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, copolymer pom was the largest revenue generating type in 2023.
- Copolymer POM is the most lucrative type segment registering the fastest growth during the forecast period.
Medical polyoxymethylene (pom) market data book summary
| Market revenue in 2023 | USD 6.8 million |
| Market revenue in 2030 | USD 10.9 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Copolymer pom |
| Fastest growing segment | Copolymer POM |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Homopolymer POM, Copolymer POM |
| Key market players worldwide | Dow Inc, Celanese Corp Class A, DuPont de Nemours Inc, Daicel Corp, Asahi Kasei Corp, Mitsubishi Gas Chemical Co Inc, SABIC, Avient Corp, Clariant AG, Jet-Hot, Innovative Plastics, Korea Engineering Plastics Co., China National Bluestar Group, ICD High Performance Coatings |
Other key industry trends
- In terms of revenue, Japan accounted for 5.8% of the global medical polyoxymethylene (pom) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical polyoxymethylene (pom) market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.6 million by 2030.
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Medical Polyoxymethylene (POM) Market Scope
Medical Polyoxymethylene (POM) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan medical polyoxymethylene (pom) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical polyoxymethylene (pom) market will help companies and investors design strategic landscapes.
Copolymer pom was the largest segment with a revenue share of 63.24% in 2023. Horizon Databook has segmented the Japan medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is a lucrative market for medical devices due to its aging population as well as an increasing number of patients with lifestyle and chronic diseases. The country has the presence of major medical device manufacturers such as Edwards Lifesciences, Medtronic, Johnson & Johnson, Abbott, and GE Healthcare.
The government of Japan surveyed in March 2021 for the identification of key diseases requiring high levels of medical devices. The survey identified the following diseases: diabetes, Pneumonia, kidney diseases, cardiovascular diseases, and malignant neoplasm.
The government of Japan plans to expedite the process to ease the production as well as imports of medical devices related to these diseases, which is expected to help drive the medical POM market as POM is used in the manufacture of these medical devices.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into Japan medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
Japan Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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