BLOOD IRRADIATION MARKET ANALYSIS

Regional Analysis

Global Blood Irradiation Market – Regional Insights

Based on the region, the global blood irradiation market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America accounted for the dominant position in the blood irradiation market, owing to growing awareness among the population regarding blood related diseases and launch of new innovative technology in the field of healthcare.

For instance, in 2017, Typenex Medical launched Rad-Control, a new irradiation indicator tag technology for blood centers and blood banks in Canada and the U.S. This checks blood irradiation by visual verification, minimizes current documentation practices, and increases efficiency for healthcare staff.

Asia Pacific is expected to show significant growth in the global blood irradiation market followed by Europe. Rising population vulnerable to various chronic diseases and government involvement in maintaining safety standards for new product launches is expected to propel the blood irradiation market growth in the region. For instance, in 2015, UVLrx Therapeutics received CE Marking (European Conformity) for its intravenous UV light therapy device, that offers intravenous, concurrent delivery of ultraviolet-A (UVA), and multiple visible light wavelengths.