Blood Irradiator Device Market – Global Industry Analysis And Forecast (2022-2029)

Blood Irradiator Device Market was valued at USD 62.22 Million in 2021, and it is expected to reach USD 88.89 Million by 2029, with an expected CAGR of 4.56 % during the forecast period.
Blood Irradiator Device Market Overview:
Blood irradiation is a treatment for preventing the multiplication of some types of T lymphocytes by irradiating blood components prior to transfusion. Gamma rays have been proven to minimize the incidence of post-transfusion graft vs host illness when used to irradiate blood and blood products. According to a study, the best current technique for lowering T-GVHD risk in patients is gamma irradiation of cellular blood components.



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The report explores the Blood Irradiator Device Market's segments (Connectivity and Content, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2021 to 2029. The report investigates the Blood Irradiator Device Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Blood Irradiator Device Market's contemporary competitive scenario.
Blood Irradiator Device Market Dynamics
Global Blood Irradiator Device Market dynamics are thoroughly studied and explained in the MR report, which helps the reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at global and regional levels for the Global Blood Irradiator Device Market. Because of the use of X-ray irradiators, the risk has been significantly reduced. This method is used to perform UV blood irradiation (UVBI) with UV lamps. The transcutaneous technique, which includes putting a device on the outside of the skin, delivers the radiation through the skin.

In the intravenous technique, a gadget is inserted into a major blood vessel. The usage of X-ray irradiators has increased the safety of our blood supply and the security of our premises. The employment of an X-ray irradiator has also improved performance and dependability. Two significant drivers driving the global market's growth are an increase in the number of cases with blood transfusion problems and the increased frequency of lifestyle-related diseases.

The global blood irradiation market is expected to grow even more during the forecast period, thanks to a growth in the number of patients suffering from diseases and technological advancements in the medical device industry. Additionally, increasing medical device health outcomes is likely to generate considerable market growth prospects. Infections in the bloodstream are diagnosed and treated using laser irradiation therapy. As the demand for such therapies grows, manufacturers are inventing breakthrough blood irradiation systems, which is directly driving market growth.
Blood Irradiator Device Market Segment Analysis
By Type, the gamma-ray blood irradiation segment is expected to grow at the highest CAGR xx% during 2022-2029. This is owing to a variety of advantages, including the ability to quickly irradiate blood samples, platelets, and loaded syringes. In addition, gamma irradiation is the most often utilized sterilization method.

Based on the Application, the hospital segment is estimated to account for xx% of the total market share in 2021. This growth is attributed to an increase in the number of traumatic injury cases around the world.
Blood Irradiator Device Market Regional Insights
Geographically, North America accounted for the largest market share in 2021, with a market value of US$ xx million. Because of an increase in the prevalence of illnesses associated with blood transfusion and different government programs for the development of novel irradiators, the market in the region is expected to grow significantly in the future years. Throughout the projection period, Europe is expected to be the second-largest market.

The Asia Pacific is expected to grow faster than Europe in the global blood irradiation industry. As the region's population becomes more vulnerable to chronic diseases and the government becomes more interested in ensuring safety regulations for new product launches, the blood irradiation market is likely to grow.

Blood Irradiator Device Market: Competitive Landscape

Leading market players are forming strategic alliances with other companies in order to expand their product portfolio and regional presence. As an example, Typenex Medical LLC, a medical device business based in the United States, launched Rad-Control – irradiation indication tag technology for blood banks and blood centres in the United States and Canada in September 2017. In addition, the company teamed with On Point Indicators GmbH of Austria in order to expand its global customer base.

The objective of the report is to present a comprehensive analysis of the Global Blood Irradiator Device Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Blood Irradiator Device Market dynamic, structure by analyzing the market segments and projecting the Blood Irradiator Device Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Blood Irradiator Device Market make the report investor’s guide.
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Global Blood Irradiator Device Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 62.22 Mn


Forecast Period 2022 to 2029 CAGR:
4.56 %
Market Size in 2029:
US $ 88.89 Mn.


 Segments Covered:
by Application
• Blood Bank
• Hospital
• Research Institutions


by Type
• Х-Rау
• Gаmmа-Rау



Blood Irradiator Device Market Key Players:
• Best Theratronics
• Hitachi
• Gilardoni
• Gamma-Service
• Cegelec
• Rad Source
• JL SHEPHERD & ASSOCIATES
• Shinva Medical
• NPIC
• CIF medical
• Gamma-Service Medical GmbH.
• VINCI Energies
• Kentec Medical, Inc.
• Rad Source Technologies

Frequently Asked Questions:

1] What segments are covered in the Global Blood Irradiator Device Market report?
Ans. The segments covered in the Global Blood Irradiator Device Market report are based on Type, By Application.

2] Which region is expected to hold the highest share in the Global Blood Irradiator Device Market?
Ans. North America region is expected to hold the highest share in the Global Blood Irradiator Device Market.

3] What is the market size of the Global Blood Irradiator Device Market by 2029?
Ans. The market size of the Global Blood Irradiator Device Market by 2029 is expected to reach USD 88.89 Mn.

4] What is the forecast period for the Global Blood Irradiator Device Market?
Ans. The forecast period for the Global Blood Irradiator Device Market is 2022-2029.

5] What was the market size of the Global Blood Irradiator Device Market in 2021?
Ans. The market size of the Global Blood Irradiator Device Market in 2021 was valued at USD 62.22 Mn.