Acute Radiation Syndrome Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Acute Radiation Syndrome Market is segmented By Radiation Type (Ionizing Radiation, Non-ionizing Radiation), By Product Type (Capsules, Tablets, Parenterals, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD Billion) for the above-mentioned segments.

Acute Radiation Syndrome Market Size

Market Size in USD Bn

CAGR5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5%
Market ConcentrationHigh
Major PlayersStatera BioPharma, NeoImmuneTech, Cellerant Therapeutics, Partner Therapeutics, Pluristem Therapeutics and Among Others.
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Acute Radiation Syndrome Market Analysis

The Global Acute Radiation Syndrome Market is estimated to be valued at USD 5.2 Bn in 2024 and is expected to reach USD 7.3 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5% from 2024 to 2031. Increasing prevalence of cancer cases driven by changing lifestyle habits and excessive radiation exposure has boosted the demand for acute radiation syndrome treatments over the years.

Acute Radiation Syndrome (ARS), also known as radiation sickness, occurs after exposure to high doses of ionizing radiation over a short period. It affects rapidly dividing cells in the body, particularly in the bone marrow, gastrointestinal tract, and central nervous system. Symptoms range from nausea and fatigue to severe organ damage and death, depending on the radiation dose. Immediate medical intervention is crucial for survival, including treatments to boost immune function and reduce radiation damage. The market is experiencing positive growth trends over the forecast period. Advancements in radiation oncology for effective cancer treatment using radiation therapy along with growing approval and adoption of novel therapeutics for acute radiation syndrome are expected to drive the market forward. Furthermore, the increasing investment by key players for development of innovative treatment options is also expected to support the market growth during this time.

Acute Radiation Syndrome Market Trends

Market Driver - Increasing Global Concerns About Nuclear Emergencies and Radiation Exposure Drive Demand for Treatments.

As global events have made people more aware of the dangers and health risks posed by nuclear emergencies and radiation exposure, advancements in medical countermeasures for treating acute radiation syndrome have become increasingly important. Any nuclear emergency, whether due to accidents, meltdowns, or attacks, could potentially expose large populations to dangerous levels of radiation. While efforts are constantly being made to enhance safety and security worldwide, the risks of such disasters can never be fully eliminated. As a result of high-profile events over the past few decades like Chernobyl and Fukushima nuclear plant meltdowns, as well as lingering anxieties over the possibility of nuclear terrorism, public awareness of radiation health threats has reached unprecedented levels globally. People are now more knowledgeable about acute radiation sickness and its potential symptoms like nausea, vomiting, diarrhea, skin burns and injury to internal organs from very high radiation exposures. The potential scale of casualties from a large-scale event means there is heightened focus on developing medical responses that can effectively treat radiation sickness across entire populations in any affected area. Pharmaceutical companies and researchers recognize this growing market opportunity and need to advance more targeted and efficacious treatment protocols, diagnostic tools and therapeutic drugs for radiation injury. This climate of concern over nuclear/radiation emergencies and the prospect of helping medical organizations prepare for potential mass casualty scenarios is fueling greater investment and R&D in this sector.

Market Driver - Advancements in Biological Therapies and Radiation Countermeasures Provide New Avenues for Treatment.

Scientific progress is gradually opening promising new approaches for combating acute radiation sickness. Advanced research into cell and molecular biology has led to deeper understanding of how radiation damages tissues on microscopic levels and disrupts the body's complex biochemical pathways. With this enhanced knowledge, researchers have been engineering novel biotherapies that harness natural mechanisms to aid recovery from radiation injury. Cell therapies utilizing mesenchymal stem cells show ability to accelerate tissue rebuilding and reduce inflammation in animal studies. Growth factors and cytokines are also being studied as means to stimulate cellular regeneration after radiation damage. Gene therapy techniques allow targeted delivery of genes coding for protective, repair or anti-inflammatory proteins as well. On the pharmaceutical front, new drug candidates geared for radiation injury like amyloid inhibitors and anti-nausea medications are in development. Combination therapies utilizing multiple treatment modalities are demonstrating potential synergies as well. All of these innovative therapeutic avenues aim to either protect cells beforehand, mitigate radiation poisoning symptoms acutely, or boost the body's healing once exposure occurs. With continued progress, they could someday translate to far more effective medical management of radiation accidents compared to traditional approaches. This emerging array of biological and molecular countermeasures thus offers much hope, driving ongoing R&D support and expectations for advancing care.

Acute Radiation Syndrome Market Key Factors

Market Challenge - High Costs Associated with Developing Radiation Countermeasures and Their Limited Use Case.

One of the key challenges for the acute radiation syndrome market is the high costs associated with developing radiation countermeasures and their limited use case. Developing effective countermeasures requires extensive research and testing, which involves high financial investments over several years. Since radiation emergencies are relatively rare events, the potential customer base for these products is quite limited as well. This restricts the commercial viability and returns on investment for companies in this market. Furthermore, as acute radiation syndrome occurs only in extreme circumstances like nuclear accidents or attacks, the demand is unpredictable and lumpy in nature. The need for these countermeasures also depends on geopolitical risks and security situations across regions. All these factors make it quite challenging for companies to justify the high costs of research and development for radiation countermeasures. The payoffs are uncertain and costs are largely non-recoverable if the products are not utilized commercially. This acts as a deterrent for private sector investments in this segment.

Market Opportunity - Expanding Government Funding and Collaboration For Radiation Countermeasures Create Growth Opportunities.

The acute radiation syndrome market is presented with several growth opportunities owing to the expanding government funding and collaboration for research in radiation countermeasures. Many governments and global institutions recognize the importance of developing effective medical responses for radiation emergencies. They are supporting research through increased public funding and partnerships. For instance, the United States government is heavily investing in the development of medical countermeasures through the Biomedical Advanced Research and Development Authority. Similarly, the European Commission is funding projects that aim to improve medical preparedness. This stable funding pipeline reduces investment risks for companies. Additionally, cross-industry collaborations and consortium models are coming up with the aim of pooling resources as well as spreading costs and risks associated with research. Such initiatives have spurred several new product pipeline programs. They are also attracting participation from more players. The collective efforts are expected to speed up product development and commercialization, thereby driving the market forward.

Prescribers preferences of Acute Radiation Syndrome Market

Acute Radiation Syndrome (ARS) is typically treated in 3 stages - the prodromal, latent and recovery stages - depending on the severity of radiation exposure. In the prodromal stage with mild radiation exposure (<2Gy), prescribers generally opt for supportive care through hydration and antiemetics like ondansetron to manage nausea and vomiting.

For patients experiencing moderate radiation levels (2-6Gy), the latent stage involves increased CBC monitoring as well as treatment with Neupogen (filgrastim) to boost neutrophil counts. If CBC levels continue declining, prescribers may also add antibiotics like Levaquin (levofloxacin) to prevent infections.

In cases of severe radiation exposure (>6Gy), the recovery stage focuses on intensive CBC support along with broad-spectrum antibiotics to prevent sepsis. Prescribers commonly choose between Neupogen and Leukine (sargramostim) for hematopoietic growth factor support. Blood product transfusions are also widely used to replace lost cell lines.

Additionally, a patient's individual radiation dose, organ system involvement, pre-existing conditions and time delay since exposure also guide prescribers in selecting the most appropriate treatment approach, dosage and duration on a case-by-case basis to maximize outcomes for ARS patients. Close monitoring of side effects further helps optimize therapy.

Treatment Option Analysis of Acute Radiation Syndrome Market

Acute radiation syndrome (ARS) can be divided into four primary stages based on symptoms and prognosis - mild, moderate, severe, and acute. Treatment depends on the stage of ARS.

In mild cases, supportive care including fluids and antiemetics may be sufficient. For moderate ARS, growth factors like G-CSF or GM-CSF are often used. These stimulate bone marrow activity and reduce infection risk.

In severe ARS cases, bone marrow transplantation may be considered, especially if the entire bone marrow was exposed to high radiation doses. Transplantation replenishes the immune system. Common drugs used for transplantation include cyclophosphamide and total body irradiation as a conditioning regimen. Matching stem cells from a donor are then infused.

The most critical stage is acute ARS, where multi-organ failure is imminent without intervention. The treatment of choice is supportive care along with growth factors to stimulate remaining bone marrow. If the patient is stable enough, a bone marrow transplant offers the best chance of survival. Alternatively, pioneering treatments using stem cells delivered directly to injured tissues are being studied as they may restore function faster than traditional transplantation.

In summary, treatment depends on ARS staging, ranging from supportive care to growth factors to transplantation. Targeting the underlying bone marrow damage and restoring hematopoiesis are crucial given ARS impairs the body's ability to produce infection-fighting blood cells. Stem cell therapies show promise but transplants remain the standard treatment currently when feasible.

Key winning strategies adopted by key players of Acute Radiation Syndrome Market

Partnerships and Collaborations for Drug Development: In January 2024, BARDA (Biomedical Advanced Research and Development Authority) collaborated with Partner Therapeutics to develop and expand Leukine as a treatment solution for ARS. The partnership reinforces public health initiatives by ensuring better access to effective ARS treatments in emergency situations.

Geographic Expansion into Government Contracts: In 2024, Partner Therapeutics expanded its distribution of Leukine® (sargramostim), an immunomodulator used for the treatment of ARS, by securing a government contract with Canada. The contract ensures the availability of Leukine® for national stockpiling in preparation for potential nuclear or radiological emergencies. LeLukine® had already been used in the U.S. under government contracts with the Biomedical Advanced Research and Development Authority (BARDA), and this expansion into Canada represents a significant geographic growth for Partner Therapeutics in terms of government.

Focus on Research and Development of Advanced Treatment Options: In 2023, Pluristem Therapeutics designed PLX-R18 that promotes the regeneration of bone marrow and the recovery of blood cell production following radiation exposure.

The above examples illustrate how strategic investments in R&D, collaborations for drug development and geographic expansion into government contracts have helped leaders like Partner Therapeutics, Pluristem Therapeutics others to gain leading positions in the acute radiation syndrome market. Their focus on advanced treatment solutions and ability to secure funding has pushed further market developments.

Segmental Analysis of Acute Radiation Syndrome Market

Acute Radiation Syndrome Market By Radiation

Insights, By Radiation Type, Rising Usage of X-rays and Radiation Therapy Drives Ionizing Radiation Segment.

By ionization type, ionizing radiation contributes the highest share 68.2% in 2024 owing to increasing usage of X-rays and radiation therapy for medical diagnostic and treatment purposes. Ionizing radiation such as X-rays and gamma rays have energy high enough to remove tightly bound electrons from atoms, ionizing them. This type of radiation is commonly used in practices such as diagnostic X-ray imaging, CT scanning, nuclear medicine imaging, and radiation therapy for cancer treatment.

The growing geriatric population prone to illnesses such as cancer has significantly increased the demand for diagnostic X-ray exams and radiation therapy sessions in recent years. Radiation therapy has become a standard treatment option either alone or in combination with surgery or chemotherapy for numerous cancer types. Advancements in radiation therapy techniques allowing higher precision and localized dose delivery have expanded its usage as well. Furthermore, awareness about the effectiveness of early cancer detection through diagnostic imaging is prompting more people to opt for routine full-body X-ray scans.

However, exposure to ionizing radiation, even at medically required levels, increases the risk of acute radiation syndrome by damaging cells and tissues. Common symptoms include nausea, vomiting, diarrhea, skin burns and fatigue. Prolonged or high dose exposure can potentially lead to organ damage, hemorrhaging, infertility and even death in severe cases. This has boosted the need for effective countermeasures to treat radiation poisoning from diagnostic and therapeutic ionizing radiation procedures. The large patient base undergoing such procedures on a regular basis makes ionizing radiation the dominant segment in the acute radiation syndrome market.

Insights, By Product Type, Popularity of Capsules Drives Highest Share of Acute Radiation Syndrome Treatment.

Among various product types, capsules contribute the highest share 48.3% in 2024 owing to their popularity and widespread acceptance as the preferred oral dosage form. Capsules offer versatility in dosage and ease of administration compared to other oral options like tablets and liquids. They provide a number of formulation benefits that have cemented their top position in the market.

Capsules allow accommodation of a broad spectrum of active ingredients - from small molecule drugs to large biomolecules. Their gelatin outer shell protects vulnerable compounds and enables enteric release at specific sites in the gastrointestinal tract. This makes capsules suitable for drugs that need protection from stomach acid or targeting of the lower intestine. The empty interior of capsules also provides formatting flexibility to load combinations of powders, granules and liquids into a single dosage form.

From a patient perspective, capsules are easy to identify based on their shape, color and imprints compared to uncoated tablets. They do not require water for ingestion and are less prone to choking risks in young, elderly or unconscious patients. Capsule shells offer an additional layer of security for accidental ingestion by young children compared to loose powders or even tablets. All these advantages over alternatives like parenteral injections have established capsules as the preferred delivery vehicle for oral acute radiation syndrome treatments.

Additional Insights of Acute Radiation Syndrome Market

Acute Radiation Syndrome (ARS) remains a significant public health concern, especially in the context of potential nuclear emergencies. The condition is marked by severe damage to organ systems, often leading to fatal outcomes without immediate intervention. STAT-600 by Statera BioPharma represents a major advancement in radiation countermeasures by activating toll-like receptors, which can enhance immune function and mitigate the effects of radiation. Similarly, NeoImmuneTech's NT-I7 is showing promise in preclinical studies by amplifying T-cells, offering a potential immune-modulatory approach to treating radiation syndrome. The ongoing development of these therapies highlights the urgent need for novel approaches to treating ARS, especially given the limitations of current treatments. With increased governmental support and collaboration between academic and private institutions, the ARS treatment landscape is poised for significant growth in the coming years. Advances in immunotherapy and targeted biological treatments may not only save lives but also improve the quality of care for individuals exposed to high doses of radiation.

Competitive overview of Acute Radiation Syndrome Market

The major players operating in the Acute Radiation Syndrome Market include Statera BioPharma, NeoImmuneTech, Cellerant Therapeutics, Partner Therapeutics, Pluristem Therapeutics, Humanetics Corporation, Amgen, Recipharm AB, Mission Pharmacal Company, Partner Therapeutics, Novartis AG and Mylan NV.

Acute Radiation Syndrome Market Leaders

  • Statera BioPharma
  • NeoImmuneTech
  • Cellerant Therapeutics
  • Partner Therapeutics
  • Pluristem Therapeutics
*Disclaimer: Major players are listed in no particular order.

Acute Radiation Syndrome Market - Competitive Rivalry, 2023

Market Concentration Graph

Acute Radiation Syndrome Market

Market Consolidated
(Dominated by major players)
Market Fragmented
(Highly competitive with lots of players.)
*Source: Coherent Market Insights

Recent Developments in Acute Radiation Syndrome Market

  • In May 2024, Statera BioPharma advanced its STAT-600 drug to Phase I trials, targeting immune enhancement as a countermeasure to radiation syndrome by stimulating toll-like receptors to mitigate radiation damage.
  • In March 2024, NeoImmuneTech announced promising preclinical results for NT-I7, which showed potential in increasing T-cell amplification and restoring immune functionality after radiation exposure.

Acute Radiation Syndrome Market Report - Table of Contents

  1. RESEARCH OBJECTIVES AND ASSUMPTIONS
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. MARKET PURVIEW
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Acute Radiation Syndrome Market, By Radiation Type
      • Acute Radiation Syndrome Market, By Product Type
    • Coherent Opportunity Map (COM)
  3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
    • Market Dynamics
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Acute Radiation Syndrome Market, By Radiation Type, 2024-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  5. Global Acute Radiation Syndrome Market, By Product Type, 2024-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Acute Radiation Syndrome Market, By Region, 2019 - 2031, Value (USD Bn)
    • Introduction
      • Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
      • Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
      • Regional Trends
    • North America
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, By Radiation Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
        • South Africa
        • North Africa
        • Central Africa
  7. COMPETITIVE LANDSCAPE
    • Statera BioPharma
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • NeoImmuneTech
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Cellerant Therapeutics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Partner Therapeutics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Pluristem Therapeutics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Humanetics Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Amgen
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Recipharm AB
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Mission Pharmacal Company
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Partner Therapeutics
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Novartis AG
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Mylan NV
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
  8. Analyst Recommendations
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  9. References and Research Methodology
    • References
    • Research Methodology
    • About us

Acute Radiation Syndrome Market Segmentation

  • By Radiation Type
    • Ionizing Radiation
    • Non-ionizing Radiation
  • By Product Type
    • Capsules
    • Tablets
    • Parenterals
    • Others
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Frequently Asked Questions :

How Big is the Acute Radiation Syndrome Market?

The Global Acute Radiation Syndrome Market is estimated to be valued at USD 5.2 bn in 2024 and is expected to reach USD 7.3 bn by 2031.

What will be the CAGR of the Acute Radiation Syndrome Market?

What are the major factors driving the Acute Radiation Syndrome Market growth?

What are the key factors hampering the growth of the Acute Radiation Syndrome Market?

Which is the leading Radiation Type in the Acute Radiation Syndrome Market?

Which are the major players operating in the Acute Radiation Syndrome Market?