Global Blood Irradiation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Blood Irradiation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Blood irradiation is a therapy in which blood components are irradiated prior to transfusion, to prevent proliferation of certain types of T lymphocytes. These T lymphocytes inhibit the immune responses and can cause a rare graft-versus-host disease (GVHD) with serious complication due to blood transfusion caused by white blood cells. A small number of white blood cells can recognize the different blood in the body which may cause serious illness or death.

Market Overview:

The latest research study on the global Blood Irradiation market finds that the global Blood Irradiation market reached a value of USD 54.64 million in 2022. It’s expected that the market will achieve USD 95.87 million by 2028, exhibiting a CAGR of 9.82% during the forecast period.

COVID-19 objectively improves the infection prevention and control capabilities of blood exposure companies

With the spread of the novel coronavirus pneumonia epidemic around the world, the World Health Organization classifies the novel coronavirus pneumonia epidemic as a global pandemic. This epidemic has brought severe challenges to the public health undertakings of all countries. It has also brought about major economic problems and inevitably caused negative effects. However, COVID-19 has objectively improved the infection prevention and control business of the blood irradiation company and can test the company's efficient operation capabilities. In order to cope with the negative impact of the epidemic, blood exposure companies will adopt a variety of methods to promote the rapid normalization of major business areas, maintain and meet the normal needs of customers during the epidemic, and minimize adverse effects.

Innovative research on laser blood irradiation against COVID-19

Many scientists have confirmed the importance of basic research to study the pathogenic mechanism of COVID-19 destroying various organs and systems in the human body, to prove and develop new treatment methods using laser blood irradiation. It is noted that it is necessary to consider and comprehensively evaluate the results of world scientific research on the development of a vaccine for large-scale prevention of coronavirus infection, and the possibility of global scientists to solve this problem.

Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.

However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview

Hitaci, Best Theratronics, Gilardon iwere the top 3 players in the Blood Irradiation market in 2022, taking up a market share of 74% together.

Segmentation Overview:

Among different product types, X-ray Blood Irradiation segment is anticipated to contribute the largest market share in 2027.

X-ray Blood Irradiation

X-ray blood irradiation uses X-ray tubes to generate X-rays instead of isotope sources. When the tube is powered on, radiation is generated, and the radiation output can be stopped when the power is turned off, which ensures the controllable environmental radiation hazard from the working principle. X-rays are widely used in the medical field, with mature protection technology and no radioactive waste. Compared with gamma rays, X-rays are safer and more reliable in terms of personnel operation, management and maintenance.

Gamma-ray Blood Irradiation

The principle of gamma-ray radiation to prevent TA-GCHD is to use the radiation generated in the decay of the radioisotope 137Cs to penetrate nucleated cells, directly cause irreversible damage to nuclear DNA and interfere with its normal repair process, causing lymphocytes to lose mitotic activity and stop proliferation.

Application Overview:

By application, the Blood Bank segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Blood Irradiation market covered in Chapter 3:

Gilardoni
Gamma-Service
Rad Source
CIF medical
JL SHEPHERD & ASSOCIATES
Shinva Medical
Hitaci
Best Theratronics

In Chapter 4 and Chapter 14.2, on the basis of types, the Blood Irradiation market from 2018 to 2029 is primarily split into:

X-ray Blood Irradiation
Gamma-ray Blood Irradiation

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Blood Irradiation market from 2018 to 2029 covers:

Blood Bank
Hospital
Research Institutions

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)