2021-2026: Platelet Rich Plasma Market Latest Trends and Growth by Top Companies like AdiStem Arthrex, Biomet

The global Platelet Rich Plasma market size is projected to grow from 2021 to 2026. The demand for Platelet Rich Plasma can be attributed to patient benefits, growth of the manufacturing sector, increasing production and growing capacity in healthcare industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Platelet Rich Plasma market.

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Pandemic impact on the Global Platelet Rich Plasma Market:

The declining prices, supply-demand gap, and COVID-19 pandemic impact had severe impact on the Platelet Rich Plasma market. Due to the COVID-19 pandemic, the demand for Platelet Rich Plasma has been increasing due to rise in the healthcare throughput, suspension of manufacturing activities, disruption of supply chain, and postponement of the expansion projects across the globe. However, during pandemic period, the growing demand from the food & beverage, and pharmaceutical industries supports to offset the marginal decline in demand caused due to slowdown in the manufacturing sector across the globe.

Global Platelet Rich Plasma Market Dynamics:

Platelet-rich plasma, also known as autologous conditioned plasma, is a concentrate of platelet-rich plasma protein derived from whole blood, centrifuged to remove red blood cells. Platelet-rich plasma (PRP) therapy uses injections of a concentration of a patient's own platelets to accelerate the healing of injured tendons, ligaments, muscles and joints. In this way, PRP injections use each individual patient's own healing system to improve musculoskeletal problems.

The report recognises major industry vendors, key regions, demand & supply, applications, innovations, revenue costs, and challenges. Information according to global Platelet Rich Plasma market segments such as geographies, applications, and industry by considering major players has been given. The report shows market effect factors analysis that precisely emphasizes technology progress/risk, consumer needs/customer preference changes, technology progress in a related industry that draws the growth factors of the market.

The evident quantitative as well as qualitative insights about the Global Platelet Rich Plasma market are covered in the report along with forecast analysis of all the Global Platelet Rich Plasma market that expected to modify the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

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Platelet Rich Plasma Market Players:

AdiStem Ltd.
Arthrex, Inc.
Biomet, Inc.
Cesca Therapeutics, Inc.
DePuy Synthes, Inc.
EmCyte Corporation
Exactech, Inc.
Harvest Technologies Corp.
Nuo Therapeutics, Inc.
Regen Lab SA
Stryker Corporation

Product Type Segmentation:

Pure PRP
Leukocyte-Rich PRP
Leukocyte-Rich Fibrin

Industry Segmentation:

Orthopedics
Cosmetic Surgery & Dermatology
Ophthalmic Surgery
Neurosurgery
General surgery

Segmentation by Regions:

On the basis of Regional analysis, North America and Europe holds major share in global Platelet Rich Plasma market. Moreover, Asia-Pacific is expected to record higher growth rate in Platelet Rich Plasma Market during the forecast year.

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Top Industry News:

Arthrex Launches Industry’s First FDA-Cleared ACL Primary Repair Kit on 17 December, 2021 -- Arthrex, a global leader in minimally invasive orthopedic technology, announced today the launch of the SwiveLock ACL Repair Kit, following clearance by the U.S. Food and Drug Administration of the SwiveLock anchor for ACL repair. It is the first and only FDA-cleared kit for the primary repair of anterior cruciate ligament (ACL) tears.

“Arthrex is defining the future for ACL treatment as the first orthopedic company to develop and market a kit specifically for ACL repair,” said President and Founder Reinhold Schmieding. “This is a significant achievement in orthopedic surgery and another testament to Arthrex’s continuous innovation and dedication to its mission of Helping Surgeons Treat Their Patients Better™.”

ACL primary repair with the SwiveLock ACL Repair Kit involves reattaching a torn ACL utilizing SwiveLock anchors and high-strength FiberWire and TigerWire sutures. The repair utilizes an InternalBrace™ ligament augmentation, which enables patients to return to activity more quickly1 while protecting the repaired ligament. The kit is convenient and contains all the surgical products needed for the ACL repair technique.

Traditional treatment for most ACL tears involves a surgical reconstruction technique, in which graft tissue from the patient’s body or donor tissue is used to recreate the damaged ligament. What a patient receives – reconstruction or repair – is determined by numerous criteria, such as what portion of the ACL is torn, the quality of the remaining ACL tissue, the patient’s goals and activity level, and the acuteness from the initial injury. The kit is indicated for use in proximal ACL tears (tears off the femur), which results in roughly 16 percent of all ACL tears2.

“ACL primary repair offers a fully arthroscopic, more minimally invasive and patient-friendly surgical option for certain types of tears when compared to traditional reconstruction techniques,” said Arthrex Vice President of Strategic Development Larry Higgins, M.D. “Arthrex innovations in technology and techniques have significantly improved outcomes since the origination of this procedure 50 years ago and now provides surgeons the potential to restore a patient’s native anatomy and proprioception. These advancements may allow for a quicker return to activity and diminish pain following the procedure. While primary ‘repair’ will not replace reconstruction for all cases, the procedure, utilizing the SwiveLock ACL Repair Kit, is valuable tool to help surgeons treat their patients better.”

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