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Blood Irradiation Market Size is Anticipated to Increase During the Study Period to 2028

05-20-2024 04:26 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Blood Irradiation Market Forecast To 2028 - COVID-19 Impact And Global Analysis By Type (Intravenous Laser Blood Irradiation, Transcutaneous Laser Blood Irradiation, And Extracorporeal Blood Irradiation), Indication (Acute Leukemia, Lymphoma, Solid Tumors, Pelvic Tumors, And Others), And End User (Hospitals, Blood Banks, Diagnostics Clinics, And Research Institutes) The blood irradiation market is projected to reach US$ 104.37 million by 2028 from US$ 65.15 million in 2021; it is expected to grow at a CAGR of 7.0% from 2022 to 2028.

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Competitive Landscape: Blood Irradiation Market:
The increase in communicable and noncommunicable diseases prevalence and rise in healthcare expenditure and government initiatives are among the factors driving the market growth. There is an increase in the number of incidence of communicable and noncommunicable diseases, including cancer, cardiovascular disorders, chronic renal disease, and stroke, owing to a large population across the world susceptible to such conditions. According to World Health Organization (WHO), cardiovascular disorders are the leading cause of death globally, and ~17.9 million deaths are reported yearly. Additionally, the rising prevalence of communicable diseases, such as Hepatitis, influenza, Human Immunodeficiency Virus (HIV), and acquired immunodeficiency syndrome (AIDS), are driving the growth of the blood irradiation market. According to WHO, 325 million people were infected with the hepatitis B virus in 2020, and 900,000 people die from hepatitis B virus infection every year. Moreover, a large geriatric population across the world is contributing to the prevalence of noncommunicable diseases, such as cardiovascular disorders, renal disorders, and strokes. According to WHO, the population of people aged 60 years and above was 1 billion in 2019 and is expected to increase to 1.4 billion by 2030 and 2.1 billion by 2050. The elderly population is susceptible to noncommunicable disease conditions owing to various factors such as poor nutrition, lack of physical activity, excessive use of tobacco, and consumption of alcohol.Bio Products Laboratory Ltd.

Typenex Medical, LLC
Hitachi Medical Systems
Rad Source Technologies
Gilardoni S.p.A.
Gamma-Service Medical GmbH
Actemium
Best Theratronics Ltd.

Chapter Details of Blood Irradiation Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Blood Irradiation Market Landscape
Part 04: Blood Irradiation Market Sizing
Part 05: Blood Irradiation Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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