Global Medical Styrenic Block Copolymer Market Report 2024

Medical Styrenic Block Copolymer Global Market Report 2024 – By Type (Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, Styrene-Butadiene-Styrene), By Application (Tubing, Medical bags, Equipment, Packaging and diagnostics products, Wound care, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Medical Styrenic Block Copolymer Market Definition And Segments

Medical styrene block copolymers refer to thermoplastic elastomers. These materials look like plastic but behave like rubber. This material helps to make products flexible, stretchable, and elastic. It can also be used as an alternative to natural rubber, silicone rubber, thermoplastic polyurethane (TPU), or polyvinyl chloride (PVC). The medical styrenic block copolymer market is used in the manufacture of medical products such as surgical drapery, needle shields, dental dams, drip chambers, and exercise bands.

The main types of medical styrene block copolymers are styrene ethylene butadiene styrene, styrene isoprene butadiene, and styrene-butadiene-styrene. Styrene isoprene butadiene is a thermoplastic elastomer blend that exhibits both the elasticity and resilience of butadiene rubber or isoprene rubber (natural rubber) and the ability of polystyrene to be molded and shaped under the influence of heat and is used in making diapers, sanitary pads, and hygienic products. The various applications include tubing, medical bags, equipment, packaging, diagnostic products, wound care, and others.

The medical styrenic block copolymer market covered in this report is segmented –

1) By Type: Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, Styrene-Butadiene-Styrene

2) By Application: Tubing, Medical bags, Equipment, Packaging and diagnostics products, Wound care, Other Applications

The medical styrenic block copolymer market size has grown strongly in recent years. It will grow from $7.71 billion in 2023 to $8.33 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to regulatory compliance, infection control, telemedicine services, precision medicine, global healthcare initiatives.

The medical styrenic block copolymer market size is expected to see strong growth in the next few years. It will grow to $11.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to sterilization resistance, drug delivery systems, flexible medical packaging, medical device manufacturing, tissue engineering, biocompatibility techniques. Major trends in the forecast period include advanced medical devices, biodegradable copolymers, 3d printing, surgical robotics, radiopacity.

Rising Healthcare Expenditure Fueling Growth Of Medical Styrenic Block Copolymer Market

Increasing healthcare expenditure is expected to propel the growth of the medical styrenic block copolymer market going forward. Healthcare expenditure refers to average healthcare spending in an economy, which includes expenditure related to hospitals, home health agencies, and personal healthcare. Medical styrene block copolymer materials are used in the manufacture of medical products, which helps to make medical products flexible, stretchable, and elastic. For instance, in March 2021, according to the Indian Brand Equity Foundation, an India-based government agency, Indian public spending on health care increased to 2.1% of GDP for the year 2022, which is 1.8% of GDP for the year 2021. In addition, for the year 2022, the union budget has allocated 11.28 billion in its budget for health care. Also, according to the Centers for Medicare & Medicaid Services, a US-based government health organization, health care spending in the US increased by 9.7% in 2020, which reached $4.1 trillion. Therefore, increasing healthcare expenditure is driving the growth of the medical styrene block copolymer market.

Demand From The Medical Device Industry Fuels Expansion Of The Medical Styrenic Block Copolymer Market

The demand from the medical device industry is expected to propel the growth of the medical styrenic block copolymer market going forward. The medical device industry encompasses the production and distribution of a wide range of instruments and equipment used for healthcare purposes, from diagnostic tools to surgical devices. Medical styrenic block copolymers are used in medical procedures due to their biocompatibility, flexibility, and resistance to sterilization methods, making them suitable for applications like catheters, IV tubing, and surgical instruments. For instance, in September 2022, according to MedTech Europe, a Belgium-based European trade association representing the medical technology industries, in Europe, on average, approximately 11% of gross domestic product (GDP) is allocated to healthcare. Out of this, about 7.6% is attributed to medical technologies. The spending on medical technology across European countries ranges from around 5% to 12% of the total healthcare expenditure. The per capita expenditure on medical technology in Europe stands at approximately $346.08 (€284). Therefore, the demand from the medical device industry is driving the growth of the medical styrenic block copolymer market.

Major companies operating in the medical styrenic block copolymer market include Zeon Corporation, TSRC Corporation, Kumho Petrochemical Co. Ltd., LCY Chemical Corp., INEOS Styrolution Group GmbH, Trinseo S.A., RTP Company, LG Chem Ltd., China Petroleum & Chemical Corporation (Sinopec Corp.), Dynasol Group, Asahi Kasei Corporation, BASF SE, Versalis S.p.A., DENKA Company Limited, En Chuan Chemical Industries Co. Ltd., JSR Corporation, Eastman Chemical Company, Chi Mei Corporation, Kraton Corporation, Chevron Phillips Chemical Company LLC, Styrolution Group GmbH, Kuraray Co. Ltd., Korea Kumho Petrochemical Co. Ltd.

Increasing Focus On Introducing Expanding Production To Gain A Competitive Edge

Major companies operating in the medical styrenic block copolymer market are focused on expanding production to gain a competitive edge in the market. Expanding the production of medical styrenic block copolymer to meet growing healthcare demands is essential for ensuring a stable supply of high-quality materials used in medical devices and packaging. For instance, in April 2021, China Petroleum & Chemical Corporation, a China-based oil and gas enterprise, launched production of its styrene-butadiene copolymer (SBC) project in Hainan, China. The project, which is managed by Sinopec's subsidiary, Hainan Baling Chemical New Material Co., Ltd., boasts an annual production capacity of 170,000 tons. This positions Sinopec as the largest global producer of SBC plants. Specifically, the SBC plant yields 120,000 tons of SBS products and 50,000 tons of SEBS products on an annual basis.

Strategic Partnerships To Gain A Competitive Edge

Major companies operating in the medical styrenic block copolymer market are focused on developing strategic partnerships to drive revenues in the market. Strategic partnerships in the medical styrenic block copolymer industry enhance R&D capabilities, expand market reach, and foster innovation through collaborative efforts with medical device manufacturers and suppliers. For instance, in January 2022, Agilyx, a Norway-based plastic recycling technology company, partnered with Toyo Styrene Co. Ltd., a Japan-based manufacturer of polystyrene resin products, to develop a chemical recycling facility in Japan. The facility's goal is to recycle post-use polystyrene plastic into styrene monomer. The partnership has entered the construction phase, aiming for a daily capacity of 10 tons. Agilyx is supplying the technology for the facility, utilizing its advanced chemical recycling process.

Dl Chemicals Acquired Karton

In December 2021, DL chemicals, a South Korea-based company that manufactures medical polyethylene and elastomer polybutylene products, acquired Karton for a deal amount of $2.5 billion. With this acquisition, DL chemicals would provide the financial strength and a growth-oriented focus for Kraton. Furthermore, the deal would allow Kraton to further invest in innovations and develop new technological products on the market. Kraton Corporation is a US-based company that manufactures high-performance elastomers and medical styrenic block copolymer market.

North America was the largest region in the medical styrenic block copolymer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical styrenic block copolymer market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the medical styrenic block copolymer market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The medical styrenic block copolymer market consists of sales of polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene butadiene rubber (SBR), expandable polystyrene (EPS), and unsaturated polyester resins (UPR). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The medical styrenic block copolymer market research report is one of a series of new reports from The Business Research Company that provides medical styrenic block copolymer market statistics, including medical styrenic block copolymer market industry global market size, regional shares, competitors with a medical styrene block copolymer market share, detailed medical styrene block copolymer market segments, market trends and opportunities, and any further data you may need to thrive in the medical styrenic block copolymer market industry. This medical styrene block copolymer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Medical Styrenic Block Copolymer Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $8.33 billion
Revenue Forecast In 2033 $11.39 billion
Growth Rate CAGR of 8.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Styrene Ethylene Butadiene Styrene, Styrene Isoprene Butadiene, Styrene-Butadiene-Styrene
2) By Application: Tubing, Medical bags, Equipment, Packaging and diagnostics products, Wound care, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Zeon Corporation; TSRC Corporation; Kumho Petrochemical Co. Ltd.; LCY Chemical Corp.; INEOS Styrolution Group GmbH; Trinseo S.A.; RTP Company; LG Chem Ltd.; China Petroleum & Chemical Corporation (Sinopec Corp.); Dynasol Group; Asahi Kasei Corporation; BASF SE; Versalis S.p.A.; DENKA Company Limited; En Chuan Chemical Industries Co. Ltd.; JSR Corporation; Eastman Chemical Company; Chi Mei Corporation; Kraton Corporation; Chevron Phillips Chemical Company LLC; Styrolution Group GmbH; Kuraray Co. Ltd.; Korea Kumho Petrochemical Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Medical Styrenic Block Copolymer Market Characteristics

    3. Medical Styrenic Block Copolymer Market Trends And Strategies

    4. Medical Styrenic Block Copolymer Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Medical Styrenic Block Copolymer Market Size and Growth

    5.1. Global Medical Styrenic Block Copolymer Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Medical Styrenic Block Copolymer Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Medical Styrenic Block Copolymer Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Medical Styrenic Block Copolymer Market Segmentation

    6.1. Global Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Styrene Ethylene Butadiene Styrene

    Styrene Isoprene Butadiene

    Styrene-Butadiene-Styrene

    6.2. Global Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Tubing

    Medical bags

    Equipment

    Packaging and diagnostics products

    ound care

    Other Applications

    7. Medical Styrenic Block Copolymer Market Regional And Country Analysis

    7.1. Global Medical Styrenic Block Copolymer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Medical Styrenic Block Copolymer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Medical Styrenic Block Copolymer Market  

    8.1. Asia-Pacific Medical Styrenic Block Copolymer Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Medical Styrenic Block Copolymer Market  

    9.1. China Medical Styrenic Block Copolymer Market Overview  

    9.2. China Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Medical Styrenic Block Copolymer Market  

    10.1. India Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Medical Styrenic Block Copolymer Market  

    11.1. Japan Medical Styrenic Block Copolymer Market Overview  

    11.2. Japan Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Medical Styrenic Block Copolymer Market  

    12.1. Australia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Medical Styrenic Block Copolymer Market  

    13.1. Indonesia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Medical Styrenic Block Copolymer Market  

    14.1. South Korea Medical Styrenic Block Copolymer Market Overview  

    14.2. South Korea Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Medical Styrenic Block Copolymer Market  

    15.1. Western Europe Medical Styrenic Block Copolymer Market Overview

    15.2. Western Europe Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Medical Styrenic Block Copolymer Market  

    16.1. UK Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Medical Styrenic Block Copolymer Market  

    17.1. Germany Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Medical Styrenic Block Copolymer Market  

    18.4. France Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Medical Styrenic Block Copolymer Market  

    19.7. Italy Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Medical Styrenic Block Copolymer Market  

    20.10. Spain Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Medical Styrenic Block Copolymer Market  

    21.1. Eastern Europe Medical Styrenic Block Copolymer Market Overview

    21.2. Eastern Europe Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Medical Styrenic Block Copolymer Market  

    22.1. Russia Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Medical Styrenic Block Copolymer Market  

    23.1. North America Medical Styrenic Block Copolymer Market Overview

    23.2. North America Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Medical Styrenic Block Copolymer Market  

    24.1. USA Medical Styrenic Block Copolymer Market Overview

    24.2. USA Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Medical Styrenic Block Copolymer Market  

    25.1. Canada Medical Styrenic Block Copolymer Market Overview

    25.2. Canada Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Medical Styrenic Block Copolymer Market  

    26.1. South America Medical Styrenic Block Copolymer Market Overview

    26.2. South America Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Medical Styrenic Block Copolymer Market  

    27.1. Brazil Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Medical Styrenic Block Copolymer Market  

    28.1. Middle East Medical Styrenic Block Copolymer Market Overview

    28.2. Middle East Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Medical Styrenic Block Copolymer Market  

    29.1. Africa Medical Styrenic Block Copolymer Market Overview

    29.2. Africa Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Medical Styrenic Block Copolymer Market Competitive Landscape And Company Profiles

    30.1. Medical Styrenic Block Copolymer Market Competitive Landscape

    30.2. Medical Styrenic Block Copolymer Market Company Profiles

    30.2.1. Zeon Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. TSRC Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Kumho Petrochemical Co. Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. LCY Chemical Corp.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. INEOS Styrolution Group GmbH

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Medical Styrenic Block Copolymer Market Competitive Benchmarking

    32. Global Medical Styrenic Block Copolymer Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Medical Styrenic Block Copolymer Market

    34. Medical Styrenic Block Copolymer Market Future Outlook and Potential Analysis

    34.1 Medical Styrenic Block Copolymer Market In 2028 - Countries Offering Most New Opportunities

    34.2 Medical Styrenic Block Copolymer Market In 2028 - Segments Offering Most New Opportunities

    34.3 Medical Styrenic Block Copolymer Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Medical Styrenic Block Copolymer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Medical Styrenic Block Copolymer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Zeon Corporation Financial Performance
  • Table 52: TSRC Corporation Financial Performance
  • Table 53: Kumho Petrochemical Co. Ltd. Financial Performance
  • Table 54: LCY Chemical Corp. Financial Performance
  • Table 55: INEOS Styrolution Group GmbH Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Medical Styrenic Block Copolymer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Medical Styrenic Block Copolymer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Medical Styrenic Block Copolymer Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Zeon Corporation Financial Performance
  • Figure 52: TSRC Corporation Financial Performance
  • Figure 53: Kumho Petrochemical Co. Ltd. Financial Performance
  • Figure 54: LCY Chemical Corp. Financial Performance
  • Figure 55: INEOS Styrolution Group GmbH Financial Performance
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Frequently Asked Questions

What is the definition of the medical radiation detection, monitoring & safetymarket?

Medical radiation detection, monitoring, and safety equipment are designed for detecting and monitoring the intensity of radiation and also protecting the users from the harmful effects of radiation. The medical radiation detection, monitoring, and safety equipment are used for radiation monitoring and detection during medical procedures. For further insights on the medical radiation detection, monitoring & safety market, request a sample here

How will the medical radiation detection, monitoring & safety market drivers and restraints affect the medical radiation detection, monitoring & safety market dynamics? What forces will shape the medical radiation detection, monitoring & safety industry g

The medical radiation detection, monitoring & safety market major growth driver - growth of radiotherapy centers fuels growth in the medical radiation detection and safety market. For further insights on the medical radiation detection, monitoring & safet request a sample here

What is the forecast market size or the forecast market value of the medical radiation detection, monitoring & safety market ?

The medical radiation detection, monitoring & safety market size has grown strongly in recent years. It will grow from $1.88 billion in 2023 to $2.07 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to regulatory compliance, radiation therapy growth, nuclear medicine expansion, patient safety, emergency preparedness. The medical radiation detection, monitoring & safety market size is expected to see strong growth in the next few years. It will grow to $2.97 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to personalized radiation therapy, diagnostic radiology, worker safety, patient safety, radiation dose reduction. Major trends in the forecast period include x-ray and imaging advancements, continuous technological innovation, advanced imaging techniques, artificial intelligence (ai)-enhanced radiation monitoring, dosimetry advances. For further insights on the medical radiation detection, monitoring & safety market, request a sample here

How is the medical radiation detection, monitoring & safety market segmented?

The medical radiation detection, monitoring & safety market is segmented
1) By Medical Radiation Detection and Monitoring Product: Personal Dosimeters, Area Process Monitors, Environment Radiation Monitors, Surface Contamination Monitors, Radioactive Material Monitors, Other Medical Radiation Detection and Monitoring Product
2) By Safety: Full-body Protection, Face Protection, Hand Safety, Other Medical Radiation Safety Products
3) By Detector Type: Gas-Filled Detectors, Scintillators, Solid-State Detectors
4) By End User: Hospitals, Non-Hospitals For further insights on the medical radiation detection, monitoring & safety market, request a sample here

Which region has the largest share of the medical radiation detection, monitoring & safety market? What are the other regions covered in the report?

North America will be the largest region in the medical radiation detection, monitoring, and safety market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical radiation detection, monitoring & safety market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the medical radiation detection, monitoring & safety market, request a sample here.

Who are the major players in the medical radiation detection, monitoring & safety market?

Major companies operating in the medical radiation detection, monitoring & safety market include Fortive Corp., Mirion Technologies Inc., Thermo Fisher Scientific Inc., Ludlum Measurements Inc., Radiation Detection Company (RDC) Inc., Atomtex, Ion Beam Applications SA, Scionix Holland B.V., RadComm Systems, Micron Semiconductor Ltd, Bar-ray Products Inc., Bertin Technologies SAS, Centronic Ltd., Fluke Biomedical, Burlington Medical, AliMed Inc., Polimaster Ltd., AmRay Group, Infab LLC, Arrow-Tech Inc., SE International Inc., Nucleonix Systems, Alpha Spectra Inc., LND Inc., Trivitron Healthcare Pvt. Ltd., Lite Tech Industries LLC, BLOXR Solutions LLC, Sun Nuclear Corporation, Biodex Medical Systems Inc., PTW Freiburg GmbH For further insights on the medical radiation detection, monitoring & safety market, request a sample here.

What are the key trends in the medical radiation detection, monitoring & safety market?

Major trend in the medical radiation detection, monitoring & safety market - increasing r&d investment in medical radiation detection and safety market. For further insights on the medical radiation detection, monitoring & safety market, request a sample here.

What are the major opportunities in the medical radiation detection, monitoring & safety market? What are the strategies for the medical radiation detection, monitoring & safety market?

For detailed insights on the major opportunities and strategies in the medical radiation detection, monitoring & safety market, request a sample here.

How does the medical radiation detection, monitoring & safety market relate to the overall economy and other similar markets?

For detailed insights on medical radiation detection, monitoring & safety market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the medical radiation detection, monitoring & safety industry?

For detailed insights on the mergers and acquisitions in the medical radiation detection, monitoring & safety industry, request a sample here.

What are the key dynamics influencing the medical radiation detection, monitoring & safety market growth? SWOT analysis of the medical radiation detection, monitoring & safety market.

For detailed insights on the key dynamics influencing the medical radiation detection, monitoring & safety market growth and SWOT analysis of the medical radiation detection, monitoring & safety industry, request a sample here.