The global demand for Blood Irradiator Devices Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XXX Units in 2019 and foreseen to touch XXX Units by 2026 with a CAGR of X.X% during 2020-2026.
A blood irradiator device is an irradiation device or chamber used to irradiate blood and blood products packaged in transfusion bags. The device uses X-Ray or other radioactive sources to eradicate the risk of post-transfusion or transfusion-associated graft-versus-host-disease (TA-GVHD). TA-GVHD is an unusual problem that has taken place after blood transfusion, in which donors T-lymphocytes elevate an immune response against the recipient's lymphoid tissue. The complications are fatal in many cases. Blood Irradiator Devices are broadly used in hospitals, blood banks, and research institutes for research and analysis. The standard blood bags are used for irradiation and X-ray or cesium-137 is used as a radioactive source.
The factors responsible for the upsurge in the global blood irradiator devices market include increasing incidences of complications and allergic diseases after a blood transfusion and growing adoption for blood irradiations Furthermore government and private organizations across the globe are taking initiatives and investing in R &D to develop innovative irradiators. Such significant steps taken by the government and private organizations are contributing to the growth in the blood irradiator devices market. The global pandemic COVID-19 is likely to affect the blood irradiator device market adversely. The reason behind this is the blood donation activity is reduced drastically during the pandemic. This may lead to a decrease in demand. Another reason is the production processes are downstream due to lockdown all over the world and the manufacturers are struggling to get raw material for the production.
The 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 inclusive assessment of each application/product segment in the global market of blood irradiator devices.
The entire blood irradiator devices market has been sub-categorized into product type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- X-Ray Blood Irradiators
- Gamma-Ray Blood Irradiator
- Blood Banks
- Research Institutions
This section covers regional segmentation which accentuates on current and future demand for blood irradiator devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Blood Irradiator Devices Market By Revenue (USD MN)
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 irradiator devices market include Best Theratronics, Hitachi, Gilardoni, Gamma-Service, Cegelec, Rad Source, JL Shepherd & Associates, Shinva Medical, NPIC, CIF medical. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.