Platelet Rich Plasma Market Size, Share & Trends [Report]

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Data Bridge Market Research analyses that the platelet rich plasma market was valued at USD 535.61 million in 2021 and is further estimated to reach USD 1374.27 million by 2029, and is expected to grow at a CAGR of 12.5% during the forecast period of 2022 to 2029.

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The international Platelet Rich Plasma Market Report offers research and consulting services focused on achieving competitiveness, with gaining and maintaining market position as the main goal of the program. Company profiles of all the key players and brands dominating the Platelet Rich Plasma Market have been considered here. This report has broad and comprehensive market insights based on business intelligence. Platelet Rich Plasma s Market document includes Compound Annual Growth Rate (CAGR) estimation in % values ​​for the forecast period which will help clients to take decisions based on futuristic charts.

 Data Bridge Market Research analyses that the platelet rich plasma market was valued at USD 535.61 million in 2021 and is further estimated to reach USD 1374.27 million by 2029, and is expected to grow at a CAGR of 12.5% during the forecast period of 2022 to 2029.

Explore Further Details about This Research Platelet Rich Plasma Market Report https://www.databridgemarketresearch.com/reports/global-platelet-rich-plasma-market

Report Scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Pure Platelet Rich Plasma, Leukocyte-Rich Platelet Rich Plasma, Leukocyte-Rich Fibrin, Others), Origin (Allogeneic Platelet Rich Plasma, Autologous Platelet Rich Plasma, Homologous Platelet Rich Plasma), Application (Cosmetic Surgery and Aesthetics, General Surgery, Neurosurgery, Orthopedic and Spinal Surgery, Others), End User (Hospitals and Clinics, Research Institutes, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Ycellbio Medical Co., Ltd. (South Korea), Zimmer Biomet (US), Stryker Corporation (US), ROCKY MOUNTAIN BIOLOGICALS (US), Regen Lab SA (Switzerland), TERUMO BCT, INC. (US), GLOFINN (Finland), ExaTech Inc. (US), EmCyte Corporation(US), ThermoGenesis Holdings, Inc. (US), Octapharma Brasil Ltda (Brazil), Dr PRP USA LLC (US), Isto Biologics (US), Arthrex, Inc. (US), Terumo Corporation (Japan), Cascade Medical. (US), Grifols, S.A. (Spain), Johnson & Johnson Private Limited (US)

Market Opportunities

  • Increase in the breadth and use of PRP therapy across Medicare beneficiaries
  • Extending medical applications of platelet rich plasma

 

Market Definition

Blood is used to create platelet rich plasma (PRP). It is created when human blood is spun down and platelet rich plasma with platelet concentrations above normal values is separated. Platelets aid in blood clotting and the healing of tendons, muscles, and ligaments.

Platelet Rich Plasma Market Dynamics                                          

Drivers

Major factors that are expected to boost the growth of the platelet rich plasma market in the forecast period are as follows:

  • Rise in the prevalence of sports injuries

Sports-related injuries have increased over the last two decades. Knee, elbow, and shoulder injuries are the most common sports injuries in softball and baseball players which will further accelerate the market growth.

  • Growing number of cosmetic surgical procedures

The number of cosmetic surgical procedures performed has increased over the last five years, as has people's preference for minimally invasive cosmetic surgery. Liposuction and facelifts are becoming increasingly popular which is further anticipated to propel the growth of the platelet rich plasma market.

  • Technological developments

Technological advancements in platelet rich plasma devices, which have led to an increase in the use of pure platelet rich plasma in various situations and high platelet concentration. The industry has also benefited from technological breakthroughs such as smart home diagnostic kits which is expected to drive the market.

Opportunities

In addition, the rise in the in the awareness related platelet rich plasma therapies is further estimated to provide potential opportunities for the growth of the platelet rich plasma market in the coming years.

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Platelet Rich Plasma Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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