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According to our LPI (LP Information) latest study, the global Blood Irradiation market size was valued at US$ 42310 million in 2023. With growing demand in downstream market, the Blood Irradiation is forecast to a readjusted size of US$ 59040 million by 2030 with a CAGR of 4.9% during review period.
The research report highlights the growth potential of the global Blood Irradiation market. Blood Irradiation are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Blood Irradiation. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Blood Irradiation market.
Irradiation of human blood is used to avoid the TA-GVHD (transfusion-associated graft-versus-host-disease), a rare but devastating adverse effect of leukocytes present in blood component for immunocompetent transfusion recipients.
It is worth noting that cesium and X-ray irradiators are devices dedicated to blood irradiation, usually operated by specialized institutions or departments external to the healthcare facilities that are actually using the irradiated blood (and thus have to purchase it from the irradiation service providers); in contrast, many user facilities already have LINACs and cobalt sources for cancer therapy and other treatments. These units, although they are designed for other purposes, can be used for blood irradiation on a limited basis. For example, a blood bag holder can be placed where a patient would be exposed and the LINAC operated to irradiate the blood instead of a person.
Global Blood Irradiation key players include Best Theratronics, Hitaci, Gilardoni, Gamma-Service, etc. Global top four manufacturers hold a share about 70%.
North America is the largest market, with a share over 35%, followed by Europe, and Japan, both have a share about 40 percent.
In terms of product, Gamma-ray Blood Irradiation is the largest segment, with a share over 50%. And in terms of application, the largest application is Blood Bank, followed by Hospital, Research Institutions.
Key Features:
The report on Blood Irradiation market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Blood Irradiation market. It may include historical data, market Segmentation by Type (e.g., X-ray Blood Irradiation, Gamma-ray Blood Irradiation), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Blood Irradiation market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Blood Irradiation market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Blood Irradiation industry. This include advancements in Blood Irradiation technology, Blood Irradiation new entrants, Blood Irradiation new investment, and other innovations that are shaping the future of Blood Irradiation.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Blood Irradiation market. It includes factors influencing customer ' purchasing decisions, preferences for Blood Irradiation product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Blood Irradiation market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Blood Irradiation market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Blood Irradiation market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Blood Irradiation industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Blood Irradiation market.
Market Segmentation:
Blood Irradiation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- X-ray Blood Irradiation
- Gamma-ray Blood Irradiation
Segmentation by application
- Blood Bank
- Hospital
- Research Institutions
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Best Theratronics
- Hitaci
- Gilardoni
- Gamma-Service
- Cegelec
- Rad Source
- JL SHEPHERD & ASSOCIATES
- Shinva Medical
- NPIC
- CIF medical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Blood Irradiation market?
What factors are driving Blood Irradiation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Blood Irradiation market opportunities vary by end market size?
How does Blood Irradiation break out type, application?