Platelet Rich Plasma (PRP) Market is expected to grow at a CAGR of roughly 13.3% | Analysis By PRP Type (P-PRP, L-PRP, L-PRF), By Players (DePuy Synthes, Stryker...), By Surgery (Orthopedic, Cosmetic, General...) & Region, Size & Forecast To 2023

New Study Report On "Platelet Rich Plasma (PRP) Market is expected to grow at a CAGR of roughly 13.3% | Analysis By PRP Type (P-PRP, L-PRP, L-PRF), By Players (DePuy Synthes, Stryker...), By Surgery (Orthopedic, Cosmetic, General...) & Region, Size & Forecast To 2023"

The worldwide market for Platelet Rich Plasma (PRP) is expected to grow at a CAGR of roughly 13.3% over the next five years, will reach 400 million US$ in 2023, from 190 million US$ in 2017.

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Blood is drawn from the arteries and is centrifuged into machine which separates the blood into its various layers. One of the layers consists of Platelet rich plasma, commonly referred to as PRP which is rich in growth and healing factors. The PRP therapy is given by injecting the platelets rich plasma into the affected area which uses the body’s natural healing process by promoting tissue repair and accelerate healing. It is used as permanent solution for conditions such as arthritis and ligament/tendon sprains and tears. It is also used in hair restoration industry to heal the transplant area and promote hair growth.

This report studies the Platelet Rich Plasma (PRP) Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Platelet Rich Plasma (PRP) market analysis segmented by companies, region, type and applications in the report.

Scope of the Report:
This report focuses on the Platelet Rich Plasma (PRP) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

In 2017, P-PRP is the largest segment of PRP utilized globally and held more than 63% of market share in the global PRP market. Rich content of platelets and growth factors and conventional type of PRP are the key factors that contributed in the dominance of P-PRP segment. Meanwhile, L-PRF is anticipated to be the fastest growing segment during the forecast period from 2017 to 2025.

PRP products are used for improving the rate of injury healing process in sports and orthopedic diseases and as dermal fillers in cosmetic industries. Orthopedic surgery was the largest application segment in 2017, accounting for more than 37% of the global PRP market. Multiple applications of PRP in cosmetic surgeries and its cost-effectiveness are the prominent factors catalyzing growth of this market in cosmetic surgery.

Geographically, in 2017 North America dominated the global PRP market and held more than 53% of the market share. Factors such as increasing number of cosmetic and orthopedic surgeries, key players domiciled in the region and strong awareness about PRP therapy and devices are supporting the dominance of the region. However, Asia-Pacific is estimated to witness strong growth and emerge as the most promising and fastest growing market during the forecast period from 2017 to 2025.

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Top manufacturers/players:

Harvest Technologies, DePuy Synthes, Stryker, Zimmer Biomet, Arthrex, Exactech, Emcyte Corporation, Arteriocyte, Adilyfe...

Market Segment by Type, covers
• P-PRP
• L-PRP
• L-PRF

Market Segment by Applications, can be divided into
• Orthopedic Surgery
• Cosmetic Surgery
• General Surgery
• Other Surgeries..

Platelet Rich Plasma (PRP) market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Platelet Rich Plasma (PRP) market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.
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Key questions answered in this report

• What are the key Platelet Rich Plasma (PRP) market trends?
• What is driving this Platelet Rich Plasma (PRP) market?
• What are the challenges to Platelet Rich Plasma (PRP) market growth?
• Who are the key vendors in this Platelet Rich Plasma (PRP) market space?

The Platelet Rich Plasma (PRP) market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These Platelet Rich Plasma (PRP) market data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.

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