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Platelet rich Plasma Market Market Focus on Development of Plasma against Covid-19

08-05-2021 08:47 AM CET | Health & Medicine

Press release from: Coherent Market Insights (CMI)

Autologous platelet-rich plasma (PRP) is a blood plasma concentrate enriched with platelet count above the baseline of whole blood prepared from patientโ€™s own blood. PRP is injected directly at the site of inflamed tissue releasing growth factor which stimulates and increases number of reparative cell in patient body. Platelet rich plasma protein consists of three proteins, which acts as cell adhesive molecules that are fibrin, fibronectin, and vitronectin. PRP is used for treatment of injured tendons, ligaments, muscles and joints Increasing prevalence of musculoskeletal injuries along with increasing prevalence of knee osteoarthritis is expected to boost growth of Europe platelet-rich plasma market over the forecast period.

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In January 2020, SHVI PRP Therapy has launched a new website dedicated to the use of platelet-rich plasma (PRP) to treat hair loss.

IN March 2019, CollPlant, a regenerative medicine business, has extended its exclusive distribution agreement with Arthrex for Vergenix STR, an injectable gel that combines cross-linked bioengineered recombinant human type I collagen, rhCollagen, with autologous PRP to treat tendonopathy.

In January 2019, Generex Biotechnology Corporation has signed a letter of intent to purchase Medisource Partners, an FDA-registered distributor of medical and surgical products, including processing kits for bone marrow aspirates and PRP biologics during surgery.
In December 2018, The use of patients' own bone marrow concentrate and PRP products in Regenexx's study, which was published in the Journal of Translational Medicine, showed promising clinical results for the treatment of osteoarthritis of the knee.

Major Market Competitors: Arthrex, Inc., Stryker Corporation, Johnson and Johnsons Ltd., Zimmer Biomet Holdings Inc., Terumo Corporation, Glofinn Oy, Medira Ltd., Regen Lab S.A., and Estar Technologies Ltd.

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sales@coherentMarketinsights.com

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.

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