Global Pathogen Reduction Systems Market to Grow with a CAGR of 8.0% through 2028
Increasing Awareness and
Emphasis on Infection Control and Rising Incidence of Hospital Associated
Infections is expected to drive the Global Pathogen Reduction Systems Market
growth in the forecast period, 2024-2028.
According to TechSci Research
report, “Global Pathogen Reduction Systems
Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”,
the Global Pathogen Reduction Systems Market stood at USD 719.06 million in
2022 and is anticipated to grow with a CAGR of 8.0% in the forecast period, 2024-2028.
The global market for pathogen reduction systems is primarily driven by the
increase in infectious diseases and the growing public awareness of the
importance of safe blood transfusions. Every year, millions of lives are saved
through blood transfusion, which is considered a fundamental pillar of the
modern healthcare system. However, many patients in low- and middle-income
countries still face challenges in accessing timely and secure blood supplies.
Market limitations include
concerns about potential influence or damage to blood cells, as well as the
production of harmful chemical agents during pathogen reduction treatment.
Additionally, fair remuneration remains a significant consideration. The
evaluation of these innovative technologies will likely be greatly influenced
by ongoing research and development efforts. The expansion of blood transfusion
diagnostics is expected to create more opportunities, as well as advancements
in preventing and eliminating bacterial infiltration in the blood recipient's
body, thus opening doors for the global pathogen reduction system market.
Despite numerous proactive measures
taken to ensure blood safety, such as strict donor screening, the
implementation of new exclusion criteria, and transfusion hemovigilance, there
is still a risk of transfusion-transmitted infections (TTI). Pathogen reduction
systems have been developed to safeguard the blood supply by inactivating or
removing viruses, bacteria, fungi, or protozoan pathogens. These systems
utilize photochemical processes to render bacteria and viruses inactive,
minimizing the risk of infection in blood products. Various physical, chemical,
or photochemical techniques have been devised to inactivate or reduce pathogens
and enhance the safety of the blood supply. Maintaining platelet activity,
crucial for post-transfusion survival and recovery, is a key aspect of photochemical
therapy, which was specifically developed for platelet therapy.
While the risk factor in
pathogen reduction systems is significantly lower, caution must be exercised
when using chemicals in the pathogen reduction process due to their multiple
sites of action. For instance, cross-linking of lipids in organelles and cell
membranes can occur. Protein-protein interactions between pathogen reduction
systems and proteins can lead to malfunctions in cellular signal transduction,
respiratory pathway deficits, or structural abnormalities. Chemicals attaching
to nucleic acids or intercalating nucleic acid chains can cause errors in
transcription, translation, or replication. The limitations in the market have
been significant, with concerns about the potential influence or damage to
blood cells and the production of harmful chemical agents during pathogen
reduction treatment. Fair remuneration is also a concern. Ongoing research and
development will greatly influence the assessment of these novel technologies. It
is predicted that an increase in blood transfusion diagnostics will create more
opportunities. Furthermore, advancements in technology to prevent and eliminate
bacterial infiltration in the blood recipients' bodies will open up global
opportunities in the pathogen reduction system market.
The risk associated with
these systems is minimal, which is why medical professionals widely adopt them
for platelet and plasma reduction from blood donors. The market is driven by
the increasing prevalence of infectious diseases, rising public awareness of
better healthcare facilities, and the adoption of advanced technologies that
result in improved and more effective pathogen reduction systems.
Pathogen reduction systems
are utilized to deactivate viruses and bacteria that may contaminate blood
products. These advanced products utilize ultraviolet rays in the presence of a
photosensitizer to act as a pathogen inactivator. They are essential in the
management of blood transfusion and pathogen inactivation.
Browse over 26 market
data Figures spread through 91 Pages and an in-depth TOC on "Global Pathogen Reduction Systems Market.”
The Global Pathogen Reduction
Systems Market is segmented into type, application, product, end user, regional
distribution, and company.
Based
on product, automated pathogen reduction systems is expected to dominate the
market. Advances in automation technology, such as robotics, machine learning,
and AI, have made it possible to develop more sophisticated and efficient
automated pathogen reduction systems. Automated systems can be more easily
scaled up to accommodate increased production demands, making them suitable for
growing businesses. In industries with strict regulatory requirements,
automated systems can provide a higher level of control and traceability,
making it easier to demonstrate compliance with safety standards.
Based
on region, North America segment is expected to grow during the forecast
period. The region has a substantial
food processing industry that caters to both domestic and international
markets. To meet the demands of these markets and ensure the safety of
products, pathogen reduction systems are widely used to mitigate the risk of
contamination. Consumers in North
America have high expectations for food quality and safety. As a result,
businesses in the food industry are under pressure to implement stringent
safety measures, including pathogen reduction, to meet these expectations. The
healthcare and pharmaceutical industries in North America also require pathogen
reduction systems to ensure the safety of medical equipment, supplies, and
products. Sterilization and pathogen reduction are critical in preventing
hospital-acquired infections and maintaining the integrity of medical products.
North America is often at the forefront of technological advancements. This
includes the development of innovative pathogen reduction technologies that
cater to the region's high standards for safety and efficiency. North America
is a major player in global trade and exports, including food products. To meet
international regulations and ensure the acceptance of their products in
foreign markets, companies often implement rigorous pathogen reduction
measures.
Major companies
operating in Global Pathogen Reduction Systems Market
are:
·
Terumo BCT, Inc.
·
Macopharma SA.
·
Cerus Corporation.
·
AngioDynamics, Inc.
·
Octapharma AG.
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“The increasing prevalence of
infectious diseases and growing awareness regarding the necessity of effective
blood transfusions serve as significant drivers for the global pathogen
reduction system market. Blood transfusion is a fundamental pillar of the
modern healthcare system, saving millions of lives annually. However, many
hospital patients in low- and middle-income countries lack access to timely and
safe blood supply. The risk of pathogen and virus development in blood before
transfusion remains significantly high. Nevertheless, the pathogen reduction
treatment presents challenges, including the risk of affecting or harming blood
cells and the generation of toxic chemical agents. Additionally, fair
reimbursement issues pose constraints to the global pathogen reduction system
market. Ongoing research and development efforts will play a crucial role in
evaluating these new technologies.,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based management consulting firm.
“Global Pathogen Reduction Systems Market By Type (Platelet Pathogen Reduction,
Plasma Pathogen Reduction), By Application (Viruses, Fungi, Bacteria), By
Product (Automated, Semi-Automated), By End User (Hospitals & Clinics,
Ambulatory Care centers, Blood Banks, Others), By Region, By Competition Forecast
& Opportunities, 2018-2028F”, has evaluated the future growth potential of Global
Pathogen Reduction Systems Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Pathogen
Reduction Systems Market.
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