The global market for medical polyoxymethylene (POM) is thriving, paving the way for innovative healthcare solutions.
The global medical-grade polyoxymethylene (POM) market achieved a significant market size of $199.8 million in 2022 and is poised for transformative growth. With a trajectory promising expansion and innovation, industry experts predict that this market will reach an attractive valuation of $269.2 million by 2031. This anticipated progress reflects a stable compound annual growth rate (CAGR) of 3.37% during the forecast period from 2023 to 2031.
Medical-grade polyoxymethylene, commonly known as POM or acetal, stands at the intersection of materials science and medical technology innovation. Its excellent properties, such as high mechanical strength, chemical resistance, and biocompatibility, position it as a critical component in medical devices, surgical instruments, and pharmaceutical packaging.
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