1 | P a g e Medical Styrenic Block Copolymers Market Global Analysis and Research Report Till 20 32 The explosive growth of the global population and their changing lifestyles have considerably increased the prevalence of cardiovascular disorders, lifestyle diseases like diabetes and hypertension, and other chronic ailments in the last few years. According to research by the Center for Disease Control and Pre vention, every 6 in 10 adults in the United States have a chronic disease. It is one of the leading causes of death and disability in adults and contributes nearly USD 3.8 Trillion to the nation's annual health care costs. This alarming growth of the glob al disease burden has significantly pushed the demand for well - established healthcare infrastructure, which will passively influence the expansion of the medical styrenic block copolymer (SBC) industry in the forthcoming years. A notable surge in the numbe r of medical interventions and the shifting trends towards remote monitoring over the previous decade ha ve accelerated the use of medical SBCs These products are deployed in several surgical instruments, blood bags, connector tubes, and portable medical d evices This can be credited to their superior properties like dimensional stability, high abrasion resistance , and better processing timeline than other plastics. It is worth noting that some of the major economies have imposed bans or stringent regulatio ns on the use of PVC, which will help elevate the styrenic block copolymer market outlook in the future. Mentioned ahead are some prominent factors likely to foster the industry expansion during the projected tim eframe. Growing prevalence of respiratory disorders As per the data by the World Health Organization, nearly 235 million people across the globe suffer from asthma, while over 3 million people die from COPD each year, constituting almost 6% of the total de aths. Out of which, more than 90% of deaths occur in middle or low - income countries. Data by CDC depicts nearly 5% of adults in the US have been diagnosed with chronic bronchitis, emphysema, or COPD sometime in their life. Since styrenic polymers are used in respiratory devices, oxygen masks, ventilators, and other specialized medical equipment associated with the treatment, the prevalence of these diseases will propel the industry outlook in the coming years. Extensive product usage in blood bags Over the years, there has been a substantial rise in the incidences of blood transfusion and diagnostic procedures worldwide. According to the World Health Organization, around 118.4 million blood donations are collected each year worldwide. 2 | P a g e These require blood b ags that keep the sample properly sterilized, prevent any leakage and disease spread, and eliminate any risk of infection in the premises. G overnment regulations in several economies to promote the invariant implementation of consistency and standards in the safety and quality of blood and blood products will augment the SBC industry forecast in the future. Increasing associations among the major shareholders With a view to providing their customers with a broader spectrum of innovative products while addi ng the capability to serve a myriad range of end markets, industry players are pouring in efforts and are adopting strategies to strengthen their market position. Read Full Report Description @ https://www.gminsights .com/industry - analysis/medical - styrenic - block - copolymer - market Report Content Chapter 1 Methodology & Scope 1.1 Market definitions 1.2 Base estimates & working 1.2.1 Forecast calculations 1.3 Data Sourc es 1.3.1 Primary 1.3.2 Secondary 1.3.2.1 Paid Sources 1.3.2.2 Public Sources Chapter 2 Executive Summary 2.1 Medical styrenic block copolymers (SBC) industry 36 0 0 synopsis, 2021 - 2027 2.1.1 Business trends 2.1.2 Regional trends 2.1.3 Product trends 2.1.4 Application trends Chapter 3 Medical Styrenic Block Copolymers (SBC) Industry Insights Table of Content (TOC - ) 3 | P a g e 3.1 Industry segmentation 3.2 COVID - 19 overview of the world economy 3.3 Industry ecosystem analysis 3.3.1 Vendor matrix 3.3.2 Distribution channel analysis 3.3.3 Impact of COVID - 19 on industry value chain 3.4 Technology Landscape 3.5 Pricing analysis 3.5.1 Cost structure analysis, 2020 3.5.2 COVID - 19 impact on pricing analysis 3.6 Pricing analysis 3.6.1 North America 3.6.1 Europe 3.6.2 Asia Pacific 3.6.3 Latin America 3.6.4 MEA 3.7 Regulatory landscape 3.7.1 U.S. 3.7.1.1 The United States Food & Drug Adminis tration 3.7.2 Europe 3.7.2.1 Association of German Engineers (VDI) 3.7.3 Japan 3.7.3.1 Japanese Medical Device Nomenclature Continued ... 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