Press release
Platelet Rich Plasma Market Insights, Key Players and Top Factors Driving the Market 2022 - 2030 | DePuySynthes, Stryker, Zimmer Biomet, Medsor Impex, PRP Labs
The Global Platelet Rich Plasma Market size was valued at USD 276.6 million in 2021 and is expected to grow at a CAGR of 11.2% from 2022 to 2030.
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The primary driver of the PRP market is the increasing prevalence of musculoskeletal and sports injuries. PRP therapy has been shown to accelerate healing and reduce pain in patients with injuries such as tendinitis, ligament sprains, and muscle strains. As more people participate in sports and physical activities, the demand for effective and non-invasive treatment options is increasing.
Another driver of this market is the rising demand for minimally invasive procedures. PRP therapy is a non-surgical and minimally invasive procedure that does not require general anesthesia or long hospital stays. This makes it a popular option for patients who prefer less invasive treatment options. The growing geriatric population is also driving the growth of the PRP market. Older adults are more susceptible to musculoskeletal injuries, and they may have a higher risk of complications from surgical procedures. PRP therapy is a safe and effective treatment option for this population, as it does not require general anesthesia or long hospital stays.
Despite the potential benefits, there are some restraints that are hindering the growth of the PRP market. One of the major challenges faced by manufacturers is the lack of standardized protocols for PRP therapy. The quality and efficacy of PRP therapy can vary depending on the preparation and application method used. This can make it difficult for clinicians to determine the best treatment options for their patients. Another restraint is the limited insurance coverage for PRP therapy. Some insurance companies do not cover the cost of PRP therapy, which can make it more difficult for patients to access this treatment option. This can limit the market potential for PRP therapy and make it less accessible to patients who may benefit from this treatment.
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Key Players Influencing the Platelet Rich Plasma Market:
Atlas Health Medical Group, DePuySynthes, EmCyte Corporation, Glofinn America LLC, Stryker, Terumo BCT Inc, Zimmer Biomet, Medsor Impex, AdvaCare Pharma, PRP Labs amongst others.
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Our 420+ Pages Report titled, Platelet Rich Plasma Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Platelet Rich Plasma Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Platelet Rich Plasma Market:
By Type
Pure Platelet-Rich Plasma or Pure PRP (P-PRP)
Leukocyte and Platelet-Rich Plasma (L-PRP)
Pure Platelet-Rich Fibrin (P-PRF)
Leukocyte and Platelet-Rich Fibrin (L-PRF)
By Application
Orthopaedics
Sports medicine
Wound healing
Aesthetic surgery
Dentistry
Otolaryngology
Neurosurgery
Ophthalmology
Urology
Prolotherapy
Cardiothoracic
Maxillofacial surgery
Others
By End Use
Hospitals
Clinics
Others
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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