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Pulished Date November, 2021
ID: 12418
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Global Blood Irradiation Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Type, Application & Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Forecast (2021 to 2026)

Pulished: November, 2021
ID: 12418
Pages: 190

Global Blood Irradiation Market Size (2021 to 2026)

The global blood irradiation market size is estimated to be growing at a CAGR of 5.49% from 2021 to 2026 and worth USD 81.31 million by 2026 from USD 62.24 million in 2021.

Blood irradiation is a treatment that involves irradiating blood components before transfusion to prevent the proliferation of particular types of T cells. These T lymphocytes suppress immunological responses, resulting in rare graft-versus-host disease (GVHD) with severe white blood cell transfusion complications. A gamma irradiation chamber with a blood irradiator is one example of this type of gamma irradiation chamber. The use of gamma rays to irradiate blood and blood products has been shown to reduce the incidence of post-transfusion graft versus host disease. According to a study, gamma irradiation of cellular blood components is the best current approach for reducing T-GVHD risk in recipients. According to the American Association of Blood Banks (AABB), the cellular blood components are irradiated before transfusion to inhibit the development of viable T lymphocytes, which are the primary source of transfusion-associated infections. Blood is commonly irradiated with a cobalt-60 or cesium-137 radioactive source in normal blood bags in specialized blood irradiators. Blood products are irradiated using a specialized blood irradiator with a long half-life gamma-emitting source located on-site. The outcomes of irradiation of blood products take about 4-5 minutes to appear.

Impact of COVID-19 on the global blood irradiation market:

The SARS-CoV-2-caused coronavirus disease-2019 (COVID-19) epidemic has taken a significant toll on healthcare systems worldwide. In most patients, the cytokine storm that follows lung infection is causally connected to respiratory impairment and mortality. To combat the spread of Covid-19, governments all around the world-imposed lockdowns and restrictions. This has had a significant impact on global value chains and skills for dissemination and coordination. In addition, several end-client companies have lost a large amount of money due to their falling popularity. Vaccination will go a long way toward containing and managing global pandemics, anyway.

The development of various viral diseases, ranging from HIV/AIDS through Ebola, SARS, and MERS, and SARS-CoV-2, has brought this therapeutic opportunity back to the forefront. BI (blood irradiation) has a multifaceted virucidal effect, primarily affecting the immune system. Extracorporeal photopheresis (ECP), a more technical procedure, also treats hematological tumors such as T-cell lymphomas. More research into BI could lead to the development of a practical device that could be used to combat novel viruses that are resistant to known antivirals or vaccines and bacteria resistant to known antibiotics. As a result, the market has moderate growth during this pandemic.

MARKET DRIVERS:

The global blood irradiation market is predicted to expand as the global population becomes more vulnerable to different communicable and non-communicable diseases (NCDs) such as cancer, chronic renal disease, high blood pressure disease, stroke, and cardiovascular disorders.

The risk has been considerably lowered because of the usage of X-ray irradiators. UV blood irradiation (UVBI) by UV lamps is accomplished using this technology. The radiation is delivered via the skin using the transcutaneous approach, which involves inserting a device on the outside of the skin. A device is placed into a significant blood artery in the intravenous approach. The use of X-ray irradiators has improved the safety of our blood supply and the security of our facilities. The use of an X-ray irradiator has also increased reliability and performance. A rising number of cases involving a blood transfusion problem and the increasing prevalence of lifestyle-related disorders are two key factors driving the growth in the global market. Furthermore, developing new medical technologies, increased healthcare expenditure, and government initiatives are factors propelling the global blood irradiator market forward.

During the forecast period, the global blood irradiation market is further expected to rise due to an increase in the number of patients suffering from diseases and technical improvements in the medical device industry. Furthermore, improving health outcomes in medical devices is expected to provide significant market growth opportunities. Laser irradiation therapies are used to diagnose and treat infections in the bloodstream. Manufacturers are developing revolutionary blood irradiation systems for enhanced health treatments as such therapies grow, which is directly driving the market growth.

MARKET RESTRAINTS:

The lack of competent experts in emerging economies and regulatory laws governing medical systems is anticipated to restrict the expansion of the global blood irradiation market. Transfusion delay, cost, failure to irradiate when needed, increased potassium accumulation in and lower shelf life of RBC units, and reduced RBC recovery are all problems and challenges connected with blood component irradiation.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 to 2026

Base Year

2020

Forecast Period

2021 to 2026

Segments Covered

By Type, Application & Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

This research report on the global blood irradiation market has been segmented and sub-segmented based on type, application & region.

Blood Irradiation Market – By Type:

  • Х-Rау
  • Gаmmа-Rау

Over the next few years, the gamma-ray blood irradiation segment is expected to have the largest share in the global blood irradiation market. This is mainly due to a wide range of benefits, including quickly irradiating blood samples, platelets, and loaded syringes. Furthermore, gamma irradiation is the most commonly used sterilizing procedure.

Blood Irradiation Market – By Application:

  • Blood Bank
  • Hospital
  • Research Institutions

The hospital segment is expected to control the majority of the market during the forecast period. This is mainly owing to an increase in traumatic injury cases around the world.

Blood Irradiation Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

North America is expected to account for the largest share of the worldwide blood irradiator devices market during the forecast period. The market in the region is predicted to grow substantially in the coming years, owing to an increase in the prevalence of disorders connected with blood transfusion and various government programs for the development of new irradiators. Europe is predicted to be the second-largest market throughout the forecast period.

In the global blood irradiation market, Asia Pacific is predicted to develop faster after Europe. The blood irradiation market in the region is expected to develop as the region's population becomes more vulnerable to chronic diseases and the government becomes more involved in maintaining safety standards for new product launches.

KEY MARKET PARTICIPANTS:

Wuhan HNC Technology Co., Ltd., Wenzhou Gengsheng Health Medical Equipment Co., Ltd., O3Vets, Best Theratronics, Hitachi, Gilardoni, Gamma-Service, Cegelec, Shinva Medical, NPIC, and CIF medical are a few of the leading companies in the global irradiation market.

RECENT HAPPENINGS IN THIS MARKET:

  • JW Bioscience Co., Ltd., a South Korean medical device business, unveiled 'Sangray,' a blood radiation device, in November 2018.
  • In September 2017, Typenex Medical LLC, a medical device company based in the US, unveiled Rad-Control – irradiation indication tag technology for blood banks and blood centers in the US and Canada.
  1. Introduction                                                          
    1. Market Definition                                               
    2. Scope of the report                                            
    3. Study Assumptions
    4. Base Currency, Base Year and Forecast Periods
  2. Research Methodology
    1. Analysis Design
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Data Modelling
      4. Expert Validation
    3. Study Timeline
  3. Report Overview
    1. Executive Summary
    2. Key Inferences
  4. Market Dynamics
    1. Impact Analysis
      1. Drivers
      2. Restraints
      3. Opportunities
    2. Regulatory Environment
    3. Technology Timeline & Recent Trends
  5. Competitor Benchmarking Analysis
    1. Key Player Benchmarking
      1. Market share analysis
      2. Products/Service
      3. Regional Presence
    2. Mergers & Acquisition Landscape
    3. Joint Ventures & Collaborations
  6. Market Segmentation
    1. Blood Irradiation Market, By Type
      1. Х-Rау
      2. Gаmmа-Rау
      3. Market Size Estimations & Forecasts (2021-2026)
      4. Y-o-Y Growth Rate Analysis
      5. Market Attractiveness Index
    2. Blood Irradiation Market, By Application
      1. Blood Bank
      2. Hospital
      3. Research Institutions
      4. Market Size Estimations & Forecasts (2021-2026)
      5. Y-o-Y Growth Rate Analysis
      6. Market Attractiveness Index
  7. Geographical Landscape
    1. Global Blood Irradiation Market, by Region
    2. North America - Market Analysis (2021 to 2026)
      1. By Country
        1. USA
        2. Canada
    3. Europe                                                   
      1. By Country
        1. UK
        2. France
        3. Germany
        4. Spain
        5. Italy
        6. Rest of Europe
    4. Asia Pacific                                             
      1. By Country
        1. China                  
        2. India
        3. Japan                  
        4. South Korea
        5. Southeast Asia
        6. Australia & NZ
        7. Rest of Asia- Pacific
    5. Latin America
      1. By Country
        1. Brazil
        2. Argentina
        3. Mexico                
        4. Rest of Latin America
    6. The Middle East and Africa
      1. By Country
        1. Middle East
        2. Africa
  8. Key Player Analysis
    1. Wuhan HNC Technology Co., Ltd.
      1. Business Description
      2. Products/Service
      3. Financials                             
      4. SWOT Analysis
      5. Recent Developments
      6. Analyst Overview
    2. Wenzhou Gengsheng Health Medical Equipment Co., Ltd.
    3. O3Vets
    4. Best Theratronics
    5. Hitachi
    6. Gilardoni
    7. Gamma-Service
    8. Cegelec
    9. Shinva Medical
    10. NPIC
    11. CIF medical
  9. Market Outlook & Investment Opportunities
  10. Appendix                                               
    1. List of Tables
    2. List of Figures
  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of type, and application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Blood Irradiation Market, By Region, From 2021 to 2026 (USD Billion)
  2. Global Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  3. Global Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  4. Global Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  5. Global Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  6. Global Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  7. Global Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  8. Global Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  9. North America Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  10. North America Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  11. North America Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  12. North America Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  13. North America Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  14. North America Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  15. North America Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  16. United States Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  17. United States Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  18. Canada Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  19. Canada Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  20. Europe Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  21. Europe Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  22. Europe Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  23. Europe Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  24. Europe Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  25. Europe Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  26. Europe Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  27. U.K. Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  28. U.K. Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  29. Germany Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  30. Germany Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  31. France Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  32. France Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  33. Italy Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  34. Italy Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  35. Spain Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  36. Spain Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  37. Asia Pacific Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  38. Asia Pacific Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  39. Asia Pacific Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  40. Asia Pacific Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  41. Asia Pacific Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  42. Asia Pacific Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  43. Asia Pacific Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  44. Japan Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  45. Japan Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  46. China Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  47. China Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  48. India Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  49. India Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  50. Australia Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  51. Australia Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  52. South Korea Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  53. South Korea Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  54. Latin America Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  55. Latin America Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  56. Latin America Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  57. Latin America Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  58. Latin America Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  59. Latin America Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  60. Latin America Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  61. Brazil Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  62. Brazil Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  63. Argentina Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  64. Argentina Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  65. Mexico Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  66. Mexico Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  67. Rest of Latin America Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  68. Rest of Latin America Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  69. Middle East and Africa Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  70. Middle East and Africa Х-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  71. Middle East and Africa Gаmmа-rау Вlооd Іrrаdіаtіоn Market, By Region, From 2021 to 2026 (USD Billion)
  72. Middle East and Africa Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  73. Middle East and Africa Blood Bank Market, By Region, From 2021 to 2026 (USD Billion)
  74. Middle East and Africa Hospital Market, By Region, From 2021 to 2026 (USD Billion)
  75. Middle East and Africa Research Institutions Market, By Region, From 2021 to 2026 (USD Billion)
  76. Middle East Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  77. Middle East Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)
  78. Africa Blood Irradiation Market, By Type, From 2021 to 2026 (USD Billion)
  79. Africa Blood Irradiation Market, By Application, From 2021 to 2026 (USD Billion)

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