Spain Medical Polyoxymethylene (pom) Market Size & Outlook
Spain medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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Spain medical polyoxymethylene (pom) market highlights
- The Spain medical polyoxymethylene (pom) market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 3.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, copolymer pom was the largest revenue generating type in 2023.
- Homopolymer 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 2.5 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Copolymer pom |
| Fastest growing segment | Homopolymer 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, Spain accounted for 2.1% 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 Europe, Germany medical polyoxymethylene (pom) market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 8.8 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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Spain 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 64% in 2023. Horizon Databook has segmented the Spain medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has an extensive public health system, which acts as a major consumer of medical POM used in the manufacture of medical devices. The country has the presence of well-known U.S. medical devices’ brands, with 15-20% of the imported devices having the U.S. as the source destination. Spain, in return, exports medical devices mainly to Germany, Portugal, Belgium, France, and Italy.
The regions of Madrid and Catalonia form the bulk (80%) of medical equipment sales in the country. Small and medium enterprises account for 90% of the total medical equipment market and 40% of the total sales.
Medical products and devices are required to be certified with the CE mark and must be imported by an authorized company from the Spanish Agency of Medicine and Medical Devices (AEMPA). This regulates the quality of the medical devices being used in the country’s healthcare sector via filtering the credible sources of equipment from around the world.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
Spain Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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