Global Blood Irradiator Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

“Global Blood Irradiator Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global blood irradiator market report has been segmented on the basis of type, application, end use, and region.

Global Blood Irradiator Market: Overview

Blood Irradiator is a type of medical device. The X-ray irradiation is used irradiate blood and blood related products packaged in a transfusion bags. It is wide used for prevention of transfusion-associated graft-versus-host disease (TA-GVHD). TA-GVHD is a rare diseases and occurs when giver or donor lymphocytes engraft is a prone recipient. Irradiation of blood products is done by using a dedicated blood irradiator and takes 4 - 5 minutes.

Global Blood Irradiator Market: Dynamics

A growing number of cases related to a complication of blood transfusion and increasing incidences of lifestyle-related diseases are the key factors contributing to a significant extent to drive growth of the global market in terms of revenue. In addition, developing advanced medical technologies, higher healthcare expenditure, and government initiates, are some of the factors driving the growth of the global blood irradiator market. However, lack of awareness among population of developing countries is a major factors expected to restraint growth of the global market to a certain extent.

Global Blood Irradiator Market: Segment Analysis

Among the product type segments, Gamma-ray blood irradiation is projected to register highest market share over the forecast years. This is primarily due to, wide range of advantages such as blood sample, platelets, and loaded syringes can be easily irradiated in it. In addition, gamma irradiation is regarded as the most common sterilization treatment method. Among the application segments, hospital is projected to hold majority of market share. This is primarily due to increasing cases of traumatic injuries globally.

Global Blood Irradiator Market: Trend

Prominent market players are partnering with other players in order to enhance its product portfolio as well as expand its regional presence. For Instance, In September 2017, Typenex Medical LLC, which is a US-based medical devices company launched Rad-Control – irradiation indicator tag technology for blood banks and blood centers in the US and Canada. In addition, the company partnered with Austria-based On Point Indicators GmbH in order to increase its customer based globally.

In November 2018, South Korea-based medical device company JW Bioscience Co., Ltd. launched ‘Sangray’ which is a blood radiation device that does not use hazardous radioactive materials and used for transfusion-related graft-versus-host disease

Global Blood Irradiator Market: Regional Analysis

The market in North America is expected to dominate and to register fastest growth rate over the forthcoming years. This is primarily attributed, increasing incidence of diseases related to blood transfusion and various government initiatives for the development of novel irradiators. The market in Asia Pacific is expected to account for significant revenue share, owing to rising investment in research and development activities by the private and government organization and increasing incidences of chronic diseases.

Global Blood Irradiator Market Segmentation:

Segmentation by product type:

• X-ray Blood Irradiation
• Gamma-ray Blood Irradiation

Segmentation by application:

• Blood Bank
• Hospital
• Research Institutions

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa