The global blood irradiation market was valued at USD 66.0 million in 2021 and it is anticipated to grow further till USD 128.1 million in 2031, at a CAGR of 6.9% during the forecast period.
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To stop the proliferation of specific types of T cells, blood components are radioactively treated before being transfused. Due to white blood cell transfusion generated by these T lymphocytes, a rare condition known as graft-versus-host disease (GVHD) with serious complications might occur. A small number of white blood cells have the ability to identify the various blood types in the body that can result in fatal sickness or serious illness. UV, X-rays, and other radioactive techniques are used to cure radioactively contaminated blood. Patients with cancer benefit from blood irradiation treated with UV rays because it boosts the immune system and enhances general health.
Market Trends and Drivers
The growth of the global blood irradiation market is anticipated to be fueled by an increasing number of people who are susceptible to various communicable and non-communicable diseases (NCDs), including cancer, chronic renal disease, high blood pressure, stroke, and cardiovascular disorders. For instance, the World Bank’s 2016 report estimates that there were 7.44 billion people on the planet. In 2018, the World Health Organization (WHO) reported that non-communicable illnesses were responsible for around 41 million deaths worldwide, or 71% of all fatalities. Additionally, 17.9 million deaths each year are caused by cardiovascular illnesses, which are followed by diabetes (1.6 million), other respiratory diseases (3.9 million), and cancer (9.0 million) in that order. The rising incidence of non-communicable diseases increases consumer desire for faster blood stream treatment, which is anticipated to significantly fuel market expansion for blood irradiation.
Major Players in the Global Blood Irradiation Market
The key players studied in the report are Best Theratronics, Hitachi, Gilardoni, Gamma-Service, Cegelec, Rad Source, JL SHEPHERD & ASSOCIATES, Shinva Medical, and NPIC among others.
COVID-19 Impact
The COVID-19 epidemic produced by the SARS-CoV-2 coronavirus has had a substantial impact on healthcare systems around the world. The cytokine storm that accompanies lung infection is causally linked to respiratory impairment and mortality in the majority of patients. Governments all over the world instituted lockdowns and restrictions to stop the spread of Covid-19. Global value chains, as well as capabilities for dissemination and coordination, have been significantly impacted by this. Additionally, a number of end-client businesses have suffered significant financial losses as a result of their waning popularity. Anyhow, vaccination will significantly contribute to controlling and managing worldwide pandemics.
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Several viral illnesses, including SARS-CoV-2, MERS, HIV/AIDS, Ebola, and SARS, have emerged recently. Brought back to the fore this healing opportunity. Blood irradiation, or BI, has a variety of virucidal effects, but its main immune system-related effects Hematological malignancies are also treated by a more complex process called extracorporeal photopheresis (ECP). For instance, T-cell lymphomas. Additional study into BI might result in the creation of a useful tool that could be used to battle new viruses that are immune to vaccines or known antivirals, as well as bacteria that are resistant to antibiotics. The result is in spite of the pandemic, the market is growing moderately.
Global Blood Irradiation Market Segmentation
By Type
- Intravenous Laser Blood Irradiation
- Transcutaneous Laser Blood Irradiation
- Extracorporeal Blood Irradiation
By Indication
- Acute Leukemia
- Lymphoma
- Solid Tumors
- Pelvic Tumors
- Others
By End User
- Hospitals
- Blood Banks
- Diagnostic Clinics
- Research Institutes
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