UK Medical Polyoxymethylene (pom) Market Size & Outlook
UK medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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UK medical polyoxymethylene (pom) market highlights
- The UK medical polyoxymethylene (pom) market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 7.7 million by 2030.
- The UK market is expected to grow at a CAGR of 6.5% 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 5.0 million |
| Market revenue in 2030 | USD 7.7 million |
| Growth rate | 6.5% (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, UK accounted for 4.2% 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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UK 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 62% in 2023. Horizon Databook has segmented the UK medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
The UK is an important country in the global medical POM market due to its ageing population and extensive healthcare system. The publicly funded National Health Service (NHS) accounts for 86% of the UK government’s healthcare provisions, spending approximately USD 13 billion per year on medical technology.
The UK government published an official MedTech strategy in February 2023, for the promotion of effective and innovative technologies in the country in collaboration with NHS, acting as a driver for the medical POM market.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into UK medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
UK Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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