Global Platelet Rich Plasma Market Size Worth US$ 391 Million By 2022
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Platelet-rich plasma has got many applications in the healthcare industry, especially in areas such as orthopedic surgeries, treatment of sports injuries and treatment of neurological diseases, amongst others. In platelet-rich plasma therapy, a platelet-rich gel is used in which the concentration of platelets is much higher, more than four to eight times higher than the concentration of normal blood platelets. Besides these applications, the platelet-rich plasma therapy is also finding new applications in treatment of medical conditions such as erectile dysfunction, and in the facelift surgeries. As platelet-rich plasma is derived from blood plasma along with several other growth factors, it facilitates a quick healing of bone tissues and other soft tissues. Such a wide variety of applications of platelet-rich plasma therapy is a key factor boosting its adoption all across the globe. However, the high costs involved in the platelet-rich plasma therapy may restrain the growth of this market during the forecast period.
The global platelet-rich plasma market is slated to touch a value of nearly US$ 391 Mn in the year 2022 and grow at a robust CAGR during the assessment period.
North America Set to Dominate Global Platelet-rich Plasma Market
The market in North America is set to dominate the global platelet-rich plasma market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America’s platelet-rich plasma market is expected to remain the most attractive region, growing at a robust CAGR over the assessment period.
PRP Therapy Instruments Poised to Touch Nearly US$ 86 Mn Value by 2022-end
As per the forecast of Fact.MR, the instruments segment is expected to reach a value of nearly US$ 86 Mn in the year 2022. This represents a robust CAGR during the forecast period of 2017-2022. Instruments segment is expected to account for more than one-fourth of the revenue share of the global market by the year 2017, but, is also expected to lose market share by the end of the year 2022.
Hospitals – Key End-users of Platelet-rich Plasma
As per the forecast of Fact.MR, the hospitals end user segment is slated to touch a figure of nearly US$ 184 Mn in the year 2022. This represents a CAGR of 10.0% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The hospitals end user segment is expected to account for nearly half of the revenue share of the end user segment by the year 2017.
The report also profiles companies that are expected to remain active in the expansion of global platelet-rich plasma market through 2022, which include Arthrex, Inc., Johnson & Johnson, Zimmer Biomet Holdings, Inc., Exactech, Inc., Stryker Corporation, Terumo Medical Corporation, Biotest Aktiengesellschaft and CSL Limited.
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Table of Content
1. Global Platelet-Rich Plasma Market - Executive Summary
2. Global Platelet-Rich Plasma Market Overview
2.1.1. Global Platelet-Rich Plasma Market Taxonomy
2.1.2. Global Platelet-Rich Plasma Market Definition
2.2. Global Platelet-Rich Plasma Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Platelet-Rich Plasma Market Y-o-Y Growth
2.3. Global Platelet-Rich Plasma Market Dynamics
2.5. Supply Chain
2.6. Cost Structure
2.7. Average Pricing Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Platelet-Rich Plasma Market Analysis and Forecast By Product Type
3.1. Global Platelet-Rich Plasma Market Size and Forecast By Product Type, 2012-2022
3.1.1. Instruments Platelet-Rich Plasma Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
3.1.2. Pure Platelet-Rich Plasma Kits Platelet-Rich Plasma Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
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