The global demand for Blood Irradiation Market is presumed to reach the market size of nearly USD 61.81 MN by 2028 from USD 41.79 MN in 2021 with a CAGR of 5.75% under the study period 2022 - 2028. Regarding volume, the market was calculated XX K Units in 2021 and forecast to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
Blood irradiation Therapy is a standard medical procedure for therapeutic purposes. In this procedure, blood is exposed to low-intensity light(typically laser light). It prevents the risk of transfusion-associated graft versus host disease(TA-GVHD). There are three methods to administer blood irradiation: extracorporeally, transcutaneously, and intravenously.
Market Dynamics
The market for blood irradiation is expanding due to the increased prevalence of contagious diseases such as Hepatitis,(HIV) and Acquired Immunodeficiency Syndrome (AIDS). The global blood irradiation market is likely to fuel by an expanding global population that is susceptible to various communicable and non-communicable diseases (NCDs), including cancer, chronic kidney disease, high blood pressure disease, stroke, and cardiovascular diseases. Increased demand for quicker bloodstream treatment due to the development of non-communicable diseases is expanding the blood irradiation market. Laser irradiation therapy is used to identify and treat bloodstream infections. Manufacturers are creating innovative blood irradiation systems that are rising demand for these therapies, exponentially boosting the global market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of blood irradiation. The growth and trends of blood irradiation industry provide a holistic approach to this study.
Market Segmentation
This section of the blood irradiation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- X-Ray Blood Irradiation
- Gamma-Ray Blood Irradiation
By Application
- Blood Bank
- Hospital
- Research Institutions
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Blood Irradiation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Blood Irradiation Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the blood irradiation market include Best Theratronics, Hitaci, Gilardoni, Gamma-Service, Cegelec, Rad Source, JL Shepherd and Associates, Shinva Medical, NPIC, CIF medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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