Transparency Market Research
(TMR) has published a new report titled, “Platelet-rich Plasma Market- Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027”.
According to the report, the global platelet-rich plasma market was
valued at US$ 219.3 Mn in 2018 and is projected to expand at a CAGR of 11.4%
from 2019 to 2027. Increase in the number of orthopedic patients globally,
rising number of cosmetic surgical procedures, and growing awareness about
platelet-rich plasma therapies to drive the global platelet-rich plasma market
from 2019 to 2027.
Overview
·
North America and Europe are projected to
dominate the global platelet-rich plasma market during the forecast period,
primarily due to the high prevalence of orthopedic disorders, rise in incidence
rates of rheumatology, increase in the number of sport injuries, and surge in
adoption of platelet-rich plasma therapy.
·
The platelet-rich plasma market in Asia Pacific
is expected to expand at a significant CAGR from 2018 to 2026. This is
attributed to surge in investment in health care infrastructure, economy
growth, large population base with orthopedic and rheumatology disorders in
emerging countries such as China, India, South Korea, and Malaysia, and rise in
per capita health care expenditure in the region.
Request a PDF Sample
- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4021
Growing Awareness about Platelet-rich Plasma Therapies
·
Platelet-rich plasma technology was first used
in 1987 in cardiovascular surgery. Awareness about the advantages and
applications of platelet-rich plasma was limited to research laboratories only.
·
However, value-added advantages and applications
of platelet-rich plasma therapy over conventional wound healing and disease
treatments, such as, surgery and medicines have resulted in higher demand for
platelet-rich plasma products globally
·
Increase in awareness has driven the demand for
platelet-rich plasma therapy in the past few years in the emerging economies,
such as, China, India, Brazil, and Russia, as well as in developed regions,
including North America and Europe
·
Global players such as Cesca, Harvest, Arthrex,
and Biomet are strengthening their existing distribution networks in these
regions in order to increase their market presence and revenue
Pure Platelet-rich Plasma to be Highly Attractive Segment
·
In terms of type, the global platelet-rich
plasma market has been bifurcated into pure platelet-rich plasma,
leukocyte-rich platelet-rich plasma, and pure platelet-rich fibrin.
·
Pure platelet-rich plasma, also called
leukocyte-poor platelet-rich plasma, is blood plasma that contains only
platelets and trace amount of leukocytes.
·
Major advantages of pure platelet-rich plasma
include ease of application to injuries and ligaments, conventional method of
platelet-rich plasma production, rich concentration of platelets, and limited
contamination with RBCs.
·
Pure platelet-rich plasma accounted for the
dominant share of the global platelet-rich plasma market in 2017 due to its
widespread use in various applications and rich content of platelets. The
segment is likely to continue to dominate the market during the forecast period
from 2018 to 2026.
Request for Analysis
of COVID19 Impact on Platelet-rich Plasma Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=4021
Autologous Platelet-rich to be Highly Attractive Segment
·
In terms of origin, the global platelet-rich
plasma market has been classified into autologous platelet-rich plasma,
allogeneic platelet-rich plasma, and homologous platelet-rich plasma.
·
The autologous platelet-rich plasma segment is
likely to dominate the global platelet-rich plasma market during the forecast
period due to elimination of cost of clinical analysis for blood-borne diseases
and the fees to be paid to blood donors.
Cosmetic Surgery Segment to Expand Significantly
·
In terms of application, the global
platelet-rich plasma market has been classified orthopedic surgery, cosmetic
surgery, general surgery, neurosurgery, and others.
·
Cosmetic Surgery segment is expected to grow at
a higher CAGR during the forecast period due to rise in the applications of
platelet-rich plasma products in hair transplant and other cosmetic applications
drive the cosmetic surgery segment of the global platelet-rich plasma market
Asia Pacific to offers High Incremental Opportunity
·
The platelet-rich plasma market in Asia Pacific
is projected to expand at a significant CAGR of during the forecast period.
·
Large number of patients with various
rheumatology disorders, rise in number of sport injury cases, presence of
emerging economies such as China and India, large geriatric population in
Japan, and increase in awareness about the advantages and applications of PRP
in various therapeutic areas present significant opportunities for global
players in these countries.
·
North America is anticipated to dominate the
global platelet-rich plasma market owing to high prevalence of orthopedic and
rheumatology disorders, increased adoption of PRP therapy in treatment of
various disorders, and significant rise in number of plastic and cosmetic
surgical procedures in the region
Purchase
Platelet-rich Plasma Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=4021<ype=S
Competitive Landscape in Global Platelet-rich Plasma Market
The report also provides profiles
of leading players operating in the global platelet-rich plasma market. These
include Harvest Technologies Corp. (Terumo Corporation), Arthrex, Inc., Zimmer
Biomet Holdings, Inc. EmCyte Corporation, Regen Lab SA, Exactech, Inc., and
Cesca Therapeutics, Inc., Nuo Therapeutics, Inc., DePuy Synthes (Johnson &
Johnson), ISTO Biologics, and AdiStem Ltd
More Trending Reports
by Transparency Market Research –
Antibiotics Market: https://www.biospace.com/article/global-antibiotics-market-to-grow-with-advancements-in-medical-research-and-analysis/
Read our Case study
at https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up
About Us
Transparency Market Research is a
global market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and
trends analysis provides forward-looking insight for several decision makers.
Our experienced team of analysts, researchers, and consultants use proprietary
data sources and various tools and techniques to gather and analyze
information.
Our data repository is
continuously updated and revised by a team of research experts so that it
always reflects latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and
secondary research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453
Website: https://www.transparencymarketresearch.com/
