Europe Blood Irradiation Market Forecast to 2028 – COVID-19 Impact and Regional 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 in Europe is expected to grow from US$ 26.90 million in 2022 to US$ 40.24 million by 2028. It is estimated to grow at a CAGR of 6.9% from 2022 to 2028.

Rise in Healthcare Expenditure and Government Initiatives Bolsters Europe Blood Irradiation Market

The therapeutic landscape of communicable and noncommunicable diseases is evolving with time and technology, increasing healthcare expenditure, and surging awareness in a large population. X-ray and gamma irradiators are widely used for blood irradiation to ensure patient safety and prevent further complications. Blood irradiation helps manage hematological malignancies and prevents transfusion-associated graft-versus-host (TGVH) disease. The FDA has approved the use of blood irradiators, along with implementing tighter security measures to reduce the risk of unauthorized use of radioactive materials. The Serious Hazards of Blood Transfusion (SHOT) scheme of the UK government supports patient safety by analyzing anonymized information gathered on adverse events and reactions reported by from healthcare organizations involved in the blood and blood components transfusion after the transfusion procedures. Moreover, European Blood Alliance (EBA), Voluntary Blood Donation in Rhodope, and various other government and nongovernment organizations/projects from European countries are creating awareness among people regarding blood donation to fulfill the increasing demand for blood. Thus, such government and nongovernment initiatives for encouraging blood donation are driving the growth of the blood irradiation market.

Market Overview

Europe is the second-largest market for blood irradiation, and the market growth in this region is attributed to factors such as the rising prevalence of cancer, cardiac stroke, diabetes, and various other noncommunicable chronic diseases. In addition, growing funding for research & development activities is likely to provide opportunities for the market players in the coming years. Moreover, the pharmaceutical industry in Germany holds the fourth largest position with small and mid-sized companies. The country is likely to remain one of the most attractive destinations for the Europe healthcare industry over the coming years in terms of treatment. The industry's growth is driven by various factors such as increasing investment for research and development, and advanced healthcare facilities like hospitals, blood banks, and clinics. The blood irradiation market in Germany is primarily driven by countries aging population, socio-political environment and high per capita healthcare expenditure.

Europe Blood Irradiation Market Revenue and Forecast to 2028 (US$ Million)

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Europe Blood Irradiation Market Segmentation

The Europe blood irradiation market is segmented into type , indication, end user, and country.

Based on type ,the market is segmented into intravenous laser blood irradiation, transcutaneous laser blood irradiation, and extracorporeal blood irradiation. The intravenous laser blood irradiation segment registered the largest market share in 2022.
Based on indication , the market is segmented into acute leukemia, lymphoma, solid tumors, pelvic tumors and others. The acute leukemia segment held the largest market share in 2022.
Based on end user, the market is segmented into hospitals, blood banks, diagnostics clinics, and research institutes. The hospital segment held the largest market share in 2022.
Based on country, the market is segmented into U.K., Germany, France, Italy, Spain and Rest of Europe. Germany dominated the market share in 2022.

Hitachi, Ltd.; Best Theratronics Ltd.; Gilardoni S.p.A.; Gamma-Service Medical GmbH; Typenex Medical; and Actemium are the leading companies operating in the blood irradiation market in the region.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Blood Irradiation Market – By Type

1.3.2 Europe Blood Irradiation Market – By Indication

1.3.3 Europe Blood Irradiation Market – By End User

1.3.4 Europe Blood Irradiation Market – By Country

2. Europe Blood Irradiation Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Blood Irradiation Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Europe PEST Analysis

4.3 Experts Opinion

5. Europe Blood Irradiation Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Communicable and Noncommunicable Diseases

5.1.2 Rise in Healthcare Expenditure and Government Initiatives

5.2 Market Restraints

5.2.1 Stringent Regulatory Policies, High Cost, and Challenges with Blood Component Irradiation

5.3 Market Opportunities

5.3.1 Increasing Immunocompromised Population and Rising Incidences of Leukemia and Lymphoma

5.4 Future Trends

5.4.1 Technological Advancements and Product Launches

5.5 Impact Analysis

6. Blood Irradiation Market– Europe Analysis

6.1 Europe Blood Irradiation Market Revenue Forecasts and Analysis

6.1.1 Overview

6.1.2 Europe Blood Irradiation Market, and Forecast to 2028 (Units)

7. Europe Blood Irradiation Market Analysis – By Type

7.1 Overview

7.2 Europe Blood Irradiation Market Revenue Share, by Type (2021 and 2028)

7.2.1 Europe: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

7.3 Intravenous Laser Blood Radiation

7.3.1 Overview

7.3.2 Europe Intravenous Laser Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Transcutaneous Laser Blood Radiation

7.4.1 Overview

7.4.2 Europe Transcutaneous Laser Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Extracorporeal Blood Radiation

7.5.1 Overview

7.5.2 Europe Extracorporeal Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe Blood Irradiation Market –By End User

8.1 Overview

8.2 Europe Blood Irradiation Market, by End User, 2021 and 2028 (%)

8.2.1 Europe: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

8.3 Hospitals

8.3.1 Overview

8.3.2 Europe Hospitals: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Blood Banks

8.4.1 Overview

8.4.2 Europe Blood Banks: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Diagnostic Centers

8.5.1 Overview

8.5.2 Europe Diagnostic Centers: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Research Institutes

8.6.1 Overview

8.6.2 Europe Research Institutes: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Blood Irradiation Market –By Indication

9.1 Overview

9.2 Europe Blood Irradiation Market, by Indication, 2021 and 2028 (%)

9.2.1 Europe: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

9.3 Acute Leukemia

9.3.1 Overview

9.3.2 Europe Acute Leukemia: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Solid Tumors

9.4.1 Overview

9.4.2 Europe Solid Tumors: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Pelvic Tumors

9.5.1 Overview

9.5.2 Europe Pelvic Tumors: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Lymphoma

9.6.1 Overview

9.6.2 Europe Lymphoma: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Europe Others: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10. Europe Blood Irradiation Market – Country Analysis

10.1 Europe: Blood Irradiation Market

10.1.1 Overview

10.1.2 Europe: Blood Irradiation Market, by Country, 2021 & 2028 (%)

10.1.2.1 Germany: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.1 Overview

10.1.2.1.2 Germany: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.3 Germany: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.1.4 Germany: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.1.5 Germany: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

10.1.2.2 UK: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.1 Overview

10.1.2.2.2 UK: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.3 UK: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.2.4 UK: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.2.5 UK: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

10.1.2.3 France: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.1 Overview

10.1.2.3.2 France: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.3 France: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.3.4 France: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.3.5 France: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

10.1.2.4 Italy: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.4.1 Overview

10.1.2.4.2 Italy: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.4.3 Italy: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.4.4 Italy: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.4.5 Italy: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

10.1.2.5 Spain: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.5.1 Overview

10.1.2.5.2 Spain: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.5.3 Spain: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.5.4 Spain: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.5.5 Spain: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

10.1.2.6 Rest of Europe: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.6.1 Overview

10.1.2.6.2 Rest of Europe: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2.6.3 Rest of Europe: Blood Irradiation Market, by Type, 2019–2028 (US$ Million)

10.1.2.6.4 Rest of Europe: Blood Irradiation Market, by End-Users, 2019–2028 (US$ Million)

10.1.2.6.5 Rest of Europe: Blood Irradiation Market, by Indication, 2019–2028 (US$ Million)

11. Europe Blood Irradiation Market–Industry Landscape

11.1 Overview

11.2 Growth Strategies in the Europe Blood Irradiation Market, 2021-2028

11.3 Inorganic Growth Strategies

11.3.1 Overview

11.4 Organic Growth Strategies

11.4.1 Overview

12. Company Profiles

12.1 Hitachi, Ltd.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Best Theratronics Ltd.,

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Gilardoni S.p.A.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Gamma-Service Medical GmbH

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Typenex Medical

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Actemium

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Blood Irradiation Market– Volume and Forecast to 2028 (Units)

Table 2. Europe Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. Europe: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 4. Europe Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 5. Germany Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Germany: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 7. Germany Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 8. UK Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. UK: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 10. UK Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 11. France Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. France: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 13. France Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 14. Italy Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Italy: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 16. Italy Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 17. Spain Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Spain Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe Blood Irradiation Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of Europe: Blood Irradiation Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of Europe Blood Irradiation Market, by Indication – Revenue and Forecast to 2028 (US$ Million)

Table 22. Recent Inorganic Growth Strategies in the Blood Irradiation Market

Table 23. Recent Organic Growth Strategies in the Blood Irradiation Market

Table 24. Glossary of Terms, Blood Irradiation Market

LIST OF FIGURES

Figure 1. Europe Blood Irradiation Market Segmentation

Figure 2. Europe Blood Irradiation Market Segmentation, By Region

Figure 3. Europe Blood Irradiation Market Overview

Figure 4. Intravenous Laser Blood Irradiation Segment Held Largest Share of Type Segment in Blood Irradiation Market

Figure 5. UK is Expected to Show Remarkable Growth During the Forecast Period

Figure 6. Europe: PEST Analysis

Figure 7. Experts Opinion

Figure 8. Europe Blood Irradiation Market Impact Analysis of Drivers and Restraints

Figure 9. Europe Blood Irradiation Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 10. Europe Blood Irradiation Market Revenue Share, by Type (2021 and 2028)

Figure 11. Europe Intravenous Laser Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. Europe Transcutaneous Laser Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Europe Extracorporeal Blood Radiation: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe Blood Irradiation Market, by End User, 2021 and 2028 (%)

Figure 15. Europe Hospitals: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe Blood Banks: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Diagnostic Centers: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Europe Research Institutes: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe Blood Irradiation Market, by Indication, 2021 and 2028 (%)

Figure 20. Europe Acute Leukemia: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Europe Solid Tumors: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Europe Pelvic Tumors: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Europe Lymphoma: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Europe Others: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Europe: Blood Irradiation Market, by Key Country – Revenue (2021) (US$ Million)

Figure 26. Europe: Blood Irradiation Market, by Country, 2021 & 2028 (%)

Figure 27. Germany: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. UK: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. France: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Italy: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Spain: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of Europe: Blood Irradiation Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Growth Strategies in the Europe Blood Irradiation Market, 2021-2028

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