Increasing Osteoarthritis Cases Boost Demand Of Plasma Therapy Market: Major Factor in the Transformation of the Plasma Therapy Market in 2025

How Will the Plasma Therapy Market Grow, and What Is the Projected Market Size?
In the past few years, the plasma therapy market has seen swift expansion. From being worth $0.49 billion in 2024, it is expected to reach $0.55 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.4%. The accelerated growth observed in the historical period can primarily be credited to factors such as the escalating prevalence of chronic ailments, a heightened understanding of plasma therapy's advantages, governmental backing for plasma therapy, reimbursement policies covering plasma therapy, a surge in requests for minimally invasive procedures, the rising preference for personalized medication, and an aging population.

In the coming years, the size of the plasma therapy market is set to witness intense growth, projecting to reach a value of $0.88 billion by 2029 with a compound annual growth rate (CAGR) of 12.5%. The expansion throughout the forecasted period can be associated with factors such as the growing acceptance of immunoglobulins, the broadening scope of applications, increased demand for treatment of rare conditions, and personalized therapies. Notable trends that can be seen during the forecasting period include the advent of advanced plasma therapy techniques, biological manufacturing, cell-free plasma therapies, the incorporation of telemedicine, and the exploration of new applications.

What Key Elements Are Boosting Growth in the Plasma Therapy Market?
The escalating incidence of osteoarthritis is projected to fuel the plasma therapy market in the forecasted period. Platelet-rich plasma (PRP), a variant of plasma therapy, is deemed as a reliable and effective cure for osteoarthritis. PRP is a potent autologous blood growth factor that gets injected into the joint, providing symptomatic relief by reducing inflammation and retarding the progression of osteoarthritis. For example, Elsevier, a Netherlands-based publisher, stated in September 2023 that the anticipated surge in global osteoarthritis instances by 2050 would be 74.9% (varying between 59.4% and 89.9%) for the knee, 48.6% (spanning from 35.9% to 67.1%) for the hand, 78.6% (ranging from 57.7% to 105.3%) for the hip, and 95.1% (ranging from 68.1% to 135.0%) for other types of osteoarthritis. Autologous chondrocyte implantation and scaffold implants are among the most commonly prescribed treatments for osteoarthritis. Consequently, the rising prevalence of osteoarthritis is anticipated to propel the plasma therapy market.

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Who Are the Major Industry Players Fueling Plasma Therapy Market Expansion?
Major companies operating in the plasma therapy market include Takeda Pharmaceutical Company Limited, Bio Products Laboratory Ltd., Arthrex Inc., Biotest AG, China Biologic Products Holdings Inc., DePuy Synthes Companies, CSL Limited, Grifols S.A., Octapharma AG, Terumo BCT Inc., Pfizer Inc., Kedrion Biopharma, ADMA Biologics Inc., SK Plasma Co. Ltd., Kamada Ltd., Fusion HealthCare, LFB Plasma, Baxter International Inc., Bayer AG, GC Biopharma Corp, Hualan Biological Engineering Inc., Japan Blood Products Organization, PlasmaCare Inc., ProMetic Life Sciences Inc., Sanquin, Shanghai RAAS Blood Products Co. Ltd., Canadian Plasma Resources, B Positive Plasma, Proesis Biologics Inc.

Which Key Developments Are Influencing the Plasma Therapy Market?
Leading enterprises in the plasma therapy market like Olympus Corporation, a medical technology firm based in Japan, are launching groundbreaking products such as the ESG-410 to meet the changing demands and improve treatment alternatives. Unveiled in June 2023, the ESG-410 is a next-generation Electrosurgical Generator adept at treating non-muscle-invasive bladder cancer (NMIBC) and benign prostatic hyperplasia. The ESG-410 boasts an advanced design, including enhanced capacitors that ensure stellar plasma stability during ignition. It stands out for its quick ignition and optimized plasma stability, offering notable improvements over the ESG-400, particularly when paired with diverse loop sizes and oval buttons. The state-of-the-art ESG-410 Electrosurgical Generator augments the treatment of NMIBC and BPH, offering a variety of resection loops, electrodes, and vaporization tools.

How Is the Segmentation of the Plasma Therapy Market Defined?
The plasma therapy market covered in this report is segmented -

1) By Type: Pure PRP, Leukocyte-rich PRP, Pure Platelet-rich Fibrin (PRF), Leukocyte-rich Fibrin (L-PRF)
2) By Application: Orthopedics, Arthritis, Chronic Tendinitis, Bone Repair & Regeneration, Dermatology, Androgenic Alopecia, Plastic Surgery, Dental, Cardiac Muscle Injury, Other Applications
3) By End-Users: Hospitals & Clinics, Laboratories: Research Institutes

Subsegments:
1) By Pure PRP: High Concentration PRP, Low Concentration PRP
2) By Leukocyte-Rich PRP: PRP With White Blood Cells, PRP With Growth Factors
3) By Pure Platelet-rich Fibrin (PRF): Injectable PRF, Membrane PRF
4) By Leukocyte-rich Fibrin (L-PRF): L-PRF Clots, L-PRF Membranes

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What Is the Leading Region in the Plasma Therapy Market?
The countries covered in the plasma therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Is Covered In The Plasma Therapy Global Market Report?

- Market Size Analysis: Analyze the Plasma Therapy Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Plasma Therapy Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Plasma Therapy Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Plasma Therapy Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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