Medical Polyoxymethylene Market: Market Analysis, Future Trends and Opportunities During the Forecast Period 2023-2030
Medical Polyoxymethylene Market The Medical Polyoxymethylene Market was estimated at US$ 199.8 million in 2022, and from 2023 to 2030, it is predicted to increase at a compound annual growth rate (CAGR) of 3.37%. Polyoxymethylene (POM), also known as polyacetal or acetal, is a high-performance engineering thermoplastic that belongs to the family of polymeric materials. It is a semi-crystalline polymer characterized by its excellent mechanical properties, dimensional stability, low friction coefficient, and resistance to wear and chemicals. Market Growth One of the key factors driving the growth of the medical Medical Polyoxymethylene Market is the rising need for advanced medical devices and equipment. POM is widely used in the production of surgical instruments, dental devices, drug delivery systems, and other medical equipment. Its high strength, dimensional stability, and resistance to wear and chemicals make it an ideal choice for these applications. Moreover, POM can wit