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About Actemium

Actemium is a technological partner. It supplies its customers with solutions in the field of electrical, automation, and IT. It is based in Frankfurt am Main, Germany.

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Colmarer Straße 11

Frankfurt am Main, 60528,


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Blood Irradiation Market Worth $104.37 million, Globally, by 2028 Growing at 7.0% CAGR Says, The Insight Partners

Jul 27, 2022

Blood Irradiation Market: Competitive Landscape and Key Developments Typenex Medical, LLC; Hitachi Medical Systems; Rad Source Technologies; Gilardoni S.p.A.; Gamma-Service Medical GmbH; Actemium; and Best Theratronics Ltd. are among the leading companies operating in the global blood irradiation market. These players are focusing on expanding, diversifying their market presence, and acquiring a novel customer base, thereby tapping prevailing business opportunities. In June 2021, Rad Source Technologies, a commercial X-ray radiation products supplier in the US, designed a product to replace self-shielded gamma irradiators and introduced its newly redesigned RS 3400 Blood Irradiator at MEDLAB Middle East 2021. In June 2019, Gilardoni expanded its presence in the blood transfusion sector with the Radgil2 medical x-ray irradiator. In November 2018, JW Bioscience, a subsidiary of JW Pharmaceutical, launched Sangray, a new concept blood radiation device that does not use hazardous radioactive materials. Inquiry Before Purchase: In 2020, North America dominated the blood irradiation market. The US holds the largest share of the market in the region. Furthermore, rising prevalence of cancer, autoimmune disorders, organ transplants, and many conditions is likely to increase the demand for irradiated blood. Increasing demand for organ transplantation and rising prevalence of communicable and noncommunicable diseases boosting the demand for rapid blood-related treatment are likely to boost the blood irradiation market. As per the US organ donation system, the number of transplants performed in the country has increased annually with more than 41,000 organ transplants performed in the US in 2021. Thus, the above-mentioned factors are expected to promote the market growth during the forecast period. Increase in Prevalence of Communicable and Noncommunicable Diseases 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. Have a question? Speak to Research Analyst: Additionally, surging blood transfusion owing to an increase in surgical procedures, accidents, trauma cases, and disorders, along with the rising prevalence of bloodstream infections, supports the market growth. Bloodstream infections, underlying conditions, and invasive procedures are common among the geriatric population. Bloodstream infections are the major cause of illness and death among large populations. According to the National Library of Medicine, ~28,000 bloodstream infections occur across the world annually. Moreover, rising awareness about bloodstream infections and increasing immune responses to transfused blood can cause complications as increasing use of irradiated blood in cancer treatment strengthens the immune system and improves overall health of patients, which is driving the growth of the blood irradiation market. Thus, the increase in the prevalence of communicable and noncommunicable disorders, rise in blood transfusion, surge in bloodstream infections, and increase in immune responses are driving the growth of the blood irradiation market. Avail Lucrative DISCOUNTS on “Blood Irradiation Market” Research Study: The COVID-19 pandemic placed a tremendous strain on healthcare systems globally. To decrease the risk of transmitting the virus to patients or health care workers within their practice, elective and preventive visits were postponed. Also, in-person visits were converted to telemedicine visits whenever possible. Many patients also started avoiding visits because they were unwilling to leave their homes to avoid risk exposure. However, the blood irradiation market will remain attractive in the long run. Moreover, the demand for blood irradiation has observed a negligible impact on the global level. However, the blood supply and blood donation reduced significantly in the recent past owing to the COVID-19 crisis. With the successful rollout of vaccines in all regions, the healthcare industry has shown impressive recovery. Thus, COVID-19 has a moderate effect on the blood irradiation market growth. Blood Irradiation Market: Segmental Overview Based on product, the blood irradiation market is segmented into intravenous laser blood irradiation, transcutaneous laser blood irradiation, and extracorporeal blood radiation. The intravenous laser blood irradiation segment held the largest market share in 2021. However, the extracorporeal blood irradiation segment is anticipated to register the highest CAGR during the forecast period. Based on end user, the blood irradiation market is segmented into hospitals, blood banks, diagnostic clinics, and research institutes. The hospitals segment held the largest share of the market in 2021. The blood banks segment is estimated to register the highest CAGR in the market during the forecast period. Based on indication, the blood irradiation market is segmented into acute leukemia, solid tumors, pelvic tumors, lymphoma, and others. The acute leukemia segment held the largest share of the market in 2021. However, the lymphoma segment is estimated to register the highest CAGR in the market during the forecast period. Directly Purchase Premium Copy of Blood Irradiation Market Growth Report at: Browse Adjoining Reports:   Blood Clotting Accelerant Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Form (Powder, Solution, Others); Route of Administration (Topical, Parental); End User (Specialty Clinics, Hospitals, Research Institutes, Diagnostic Laboratories); and Geography Acute Lymphoid Leukemia Treatment Market Forecast to 2028 - Covid-19 Impact and Global Analysis By Type (B-cell, T-cell, ); Therapy (Chemotherapy, Radiation Therapy, Bone Marrow Transplant, Targeted Therapy, Immunotherapy); Distribution Channel (Hospital Pharmacies, Retail Pharmacies) and Geography Blood Transfusion Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product ( apheresis systems, infusion devices, blood warmers, venous access devices, filters, others ); Application ( blood disorders, autoimmune disorders, cancer, renal disorders, surgical procedures, others ); End User ( hospitals, ambulatory surgery centers, dialysis centers, others ) Blood Compatible Polymers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Polyvinylchloride, Polytetrafluoroethylene, Polyethersulfone, Polyethylene, Polyetheretherketone, Polysulfone, Poly Propalene); Application (Biomedical and Blood Contacting Devices, Dental, Drug delivery) and Geography Blood Bank Information Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Blood Donor Management Module, Blood Bank Transfusion Service Module, and Others), End User (Hospitals and Blood Banks), and Geography Blood Drawing Chairs Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Adjustable Chairs, Non-adjustable Standard Chairs); End User (Hospitals, Clinics Diagnostics Centers, Blood Banks, Others) and Geography About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Sameer Joshi

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  • Where is Actemium's headquarters?

    Actemium's headquarters is located at Colmarer Straße 11, Frankfurt am Main.

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