Platelet Rich Plasma Market Segments, Analysis, Overview, Outlook By 2024-2033

"The new report published by The Business Research Company, titled ""Platelet Rich Plasma Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the platelet rich plasma market size has grown rapidly in recent years. It will grow from $0.61 billion in 2023 to $0.71 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The platelet rich plasma market size is expected to see rapid growth in the next few years. It will grow to $1.34 billion in 2028 at a compound annual growth rate (CAGR) of 17.3%.

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Impact Of Sports Injuries On The Platelet-Rich Plasma Market
The rise in the prevalence of sports injuries is expected to propel the growth of the platelet-rich plasma market going forward. There is a rise in the prevalence of sports injuries due to increased participation in sports, growing enrollment in youth sports programs, age-related factors, and inadequate coaching and supervision. Platelet-rich plasma (PRP) therapy aids in sports injury recovery by promoting tissue repair and regeneration, reducing inflammation, and enhancing the healing of tendons and ligaments, offering athletes a minimally invasive treatment option with the potential for faster recovery times. For instance, according to data from the National Safety Council, a US-based non-profit organization, in 2021, the number of sports and recreational equipment injuries was 3,231,885, which rose to 3,631,970. Therefore, the rise in the prevalence of sports injuries is driving the growth of the platelet-rich plasma market.

Increasing Focus On Technological Advancements In Platelet Rich Plasma
Major companies operating in the platelet-rich plasma market are developing off-the-shelf plasma products to offer a high-quality product at excellent value to meet the growing demand for PRP treatments in the aesthetics sector. An off-the-shelf platelet-rich plasma (PRP) product provides a ready-made solution for therapeutic use, delivering consistent platelet dose and potency without requiring individual preparation. For instance, in July 2023, 4T Medical, a UK-based cosmeceutical and medical aesthetic products company, launched a label platelet-rich plasma (PRP) kit. This CE 2195-registered medical device is designed to prepare autologous PRP, promoting skin rejuvenation and healing efficiently. The kit includes two 10-ml test tubes with sodium citrate anticoagulant and the necessary consumables for blood drawing. After centrifugation, PRP can be easily identified and injected to enhance healing, boost collagen, tighten skin, and stimulate hair growth.

The platelet rich plasma market covered in this report is segmented -

1) By Type: Pure Platelet Rich Plasma, Leukocyte-Rich Platelet Rich Plasma, Leukocyte-Rich Fibrin, Other Types
2) By Origin: Allogeneic Platelet Rich Plasma, Autologous Platelet Rich Plasma, Homologous Platelet Rich Plasma
3) By Application: Cosmetic Surgery And Aesthetics, General Surgery, Neurosurgery, Orthopedic And Spinal Surgery, Other Applications
4) By End User: Hospitals And Clinics, Research Institutes, Other End-Users

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Major companies operating in the platelet rich plasma market are Johnson & Johnson Services Inc., Stryker, Zimmer Biomet, Terumo Corporation, Arthrex Inc., Pall Corporation, Globus Medical, LifeNet Health, Exactech Inc., BioBridge Global, Regen Lab SA, Celling Biosciences Inc., Eclipse Aesthetics LLC, Regenexx, Isto Biologics, Royal Biologics, Apex Biologix, EmCyte Corporation, Medira Ltd., Nuo Therapeutics Inc., Juventix Regenerative Medical LLC., Estar Medical, Dr PRP USA LLC, MDBiologix, Vivostat A/S

Contents of the report:
1. Executive Summary
2. Platelet Rich Plasma Market Report Structure
3. Platelet Rich Plasma Market Trends And Strategies
4. Platelet Rich Plasma Market - Macro Economic Scenario
5. Platelet Rich Plasma Market Size And Growth
…..
27. Platelet Rich Plasma Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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