Enjoy complimentary customisation on priority with our Enterprise License!
The medical polyoxymethylene (POM) market size is forecast to increase by USD 2.89 billion at a CAGR of 5.46% between 2023 and 2028. Medical polyoxymethylene (POM), also known as polyacetal, is a versatile polymer gaining significance in the medical industry due to its superior properties as a metal replacement. With the advancement of modern medical technologies, the demand for non-toxic materials like POM is on the rise. One of the primary applications of POM in the medical sector is in the production of prosthetics, where its rigidity and biocompatibility make it an ideal choice. The market for POM is witnessing notable growth due to emerging applications in drug contact and delivery systems and tissue engineering. However, challenges such as porosity problems persist, which may hinder market expansion.
Moreover, the strict regulations on the use of POM in medical applications also pose a significant challenge. To meet the increasing demand, several manufacturers are planning plant expansions and investing in research and development to overcome these challenges and enhance the overall quality of their products.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.