Press release
PRP and PRF in Cosmetics Market Poised for 13% CAGR Growth by 2030.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global PRP and PRF in Cosmetics Market By Type (Pure-PRP, Leukocyte-rich PRP and Pure-PRF), Origin (Autologous, Allogeneic, Homologous and Others), Cosmetic Application (Skin Rejuvenation, Face Lift, Hair Application, Plastic Surgery, Scar-related Treatment and Others)- Trends, Industry Competition Analysis, Revenue and Forecast To 2030."The global PRP and PRF in Cosmetics market are estimated to reach over USD 475.58 million by 2030, exhibiting a CAGR of 13% during the forecast period.
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In recent times, PRP and PRF-based skin treatments are gaining popularity. In aesthetic operations, PRP therapy reduces acne scars, enhances complexion, removes deep wrinkles, and lifts sagging skin. To look handsome and youthful, elderly and middle-aged people are increasingly embracing plastic surgery. As more people become aware of these surgeries, it is therefore projected that the market will expand throughout the projection period. In recent years, contract research organizations (CROs) and other clinical service specialists have increasingly relied on small and large biopharmaceutical companies to provide research services for their R&D operations. The surge in young people's interest in personal grooming has been a significant driver of the PRP and PRF in the cosmetics business in many emerging economies. Businesses are considering expanding their capacity to meet the rapidly growing demand for various cosmetic applications, such as PRF for facial rejuvenation. The need for PRP & PRF facial therapy will probably rise quickly during the forecast period. The COVID-19 pandemic's peak enhanced people's purchasing power. As a result, companies in the market are using this chance to spread the word about the benefits of PRP and PRF usage among clinics.
List of Prominent Players in the PRP and PRF in Cosmetics Market:
Stryker Corporation
Croma-Pharma GmbH
Zimmer Biomet
Isto Biologics
Exactech, Inc.
EmCyte Corporation
Regen Lab
APEX Biologix
ThermoGenesis Holdings, Inc.
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Market Dynamics:
Drivers-
The global PRP and PRF in the cosmetics market are expanding due to changing lifestyles of people in developing countries, rising per capita income, and growing beauty consciousness. The expansion of PRP and PRF in the cosmetics sector is driven by the appealing results of these therapies for cosmetic procedures such as skin rejuvenation, reduced wrinkles, plumping of sagging skin, lowered acne scars, enhanced complexion, and ridding of deep creases. PRP and PRP in cosmetics are growing due to the high demand for cosmetic surgery such as breast augmentation, eyelids, and liposuction procedures.
Challenges:
The global market for PRP and PRF in cosmetics is predicted to be constrained by high production costs and the potential for problems in cosmetic surgery. The market's expansion is constrained by consumers' ignorance about PRP and PRF in cosmetics.
Regional Trends:
The North America PRP and PRF in the Cosmetics market are expected to register a significant market share in revenue and are projected to grow at a high CAGR shortly. Due to the approval of new products, improvements in technology, and an increase in the use of PRP in aesthetic procedures in the area, the trend is anticipated to continue during the forecast period. During the forecast period, it is anticipated that increased government investments in the health care industry and advancements in PRP & PRF in cosmetics will boost the market in North America. The market in the U.S. is anticipated to grow due to increased awareness regarding PRP devices and the introduction of FDA-approved devices. Besides, Europe had a substantial share in the PRP and PRF Cosmetics market. Cosmetic procedures and growth in aesthetic surgery in the region are driving the demand for PRP & PRF in the cosmetics industry in Europe. The European market is anticipated to grow due to the region's well-developed health care infrastructure, rising use of platelet-rich plasma for hair therapy, growth in general and cosmetic surgery rates, and use of injectable PRF for face rejuvenation.
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Segmentation of PRP and PRF in Cosmetics Market-
By Type-
• Pure-PRP
• Leukocyte-rich PRP
• Pure-PRF
By Origin-
• Autologous
• Allogeneic
• Homologous
• Others
By Cosmetic Application-
• Skin Rejuvenation
• Face Lift
• Hair Application
• Plastic Surgery
• Scar-related Treatment
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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