Platelet Rich Plasma (PRP) Market- Global Industry Analysis 2016 - 2024
In addition to this, the surge in cosmetic surgeries and the rising awareness level of people regarding the benefits of PRP are likely to boost this market significantly in the near future. Researchers expect the opportunity in the worldwide market for PRP to increase from US$160.0 mn in 2015 to US$451.9 mn by 2024, expanding at a CAGR of 12.50% between 2016 and 2024.
Download exclusive Sample of this report:
P-PRF Segment to Witness Fast-paced Growth
Pure-platelet rich plasma (P-PRP), pure-platelet-rich fibrin (P-PRF), and leukocyte-platelet rich plasma (L-PRP) are the key products available in the global PRP market. Among these, the consumption of P-PRP is higher than other products. The P-PRP segment led the overall consumption of PRP across the world with a share of more than 60% in 2015. The rich content of platelets and the conventional type of PRP present in P-PRP are the key factor behind its high demand.
While the P-PRP segment is likely to remain leading the global demand for PRP over the next few years, the P-PRF segment is estimated to register the growth at a faster pace during the forecast period. The presence of a large number of stem cells and leukocytes in P-PRF, together with its high efficiency, is anticipated to boost this segment substantially in the near future.
Browse the Market Research Report
North America to Retain Dominance
The worldwide market for PRP is spread across Latin America, Europe, the Middle East and Africa, and Asia Pacific. In 2015, North America led the global market with a share of more than 45%. The rising prevalence of orthopedic diseases, sports injuries, advanced health care facilities, and improved diagnostic technologies boosted the North America PRP market significantly. Going forward, the high adoption rate of the PRP products is expected to ensure the dominance of this regional market throughout the forecast period.
Europe, which emerged second in the overall market in 2015, is anticipated to retain its position in the coming years, thanks to the rising applications of the PRP products in cosmetic procedures and for the treatment of various orthopedic diseases. Asia Pacific, on the other hand, is expected to witness a phenomenal pace of growth over the next few years. The rise in the geriatric population and the fast-developing cosmetic surgery industry are likely to drive the Asia Pacific region market for PRP in the coming years.
At the forefront of the global PRP market are Regen Lab SA, Exactech Inc., Nuo Therapeutics, Emcyte Corp., Cesca Therapeutics Inc., ISTO Biologics, AdiStem Ltd., Stryker Corp., DePuy Synthes Inc., Zimmer Biomet, Arthrex Inc., and Harvest Technologies Corp.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Platelet Rich Plasma (PRP) Market- Global Industry Analysis 2016 - 2024 here
News-ID: 396699 • Views: 501
More Releases from TMR – Research Reports
Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has
More Releases for PRP
Platelet Rich Plasma (PRP) Market is expected to grow at a CAGR of roughly 13.3% …
New Study Report On "Platelet Rich Plasma (PRP) Market is expected to grow at a CAGR of roughly 13.3% | Analysis By PRP Type (P-PRP, L-PRP, L-PRF), By Players (DePuy Synthes, Stryker...), By Surgery (Orthopedic, Cosmetic, General...) & Region, Size & Forecast To 2023" The worldwide market for Platelet Rich Plasma (PRP) is expected to grow at a CAGR of roughly 13.3% over the next five years, will reach 400 million
Platelet Rich Plasma Market By PRP Type (Pure-PRP, Leucocyte Rich PRP, Pure Plat …
Platelet rich plasma (PRP) is a portion of the plasma fraction of analogous blood, which contains platelet concentration more than standard concentration. Platelets contains bio proteins that helps in healing, tissue regeneration, and blood loss. Platelet rich plasma protein consists of three proteins, which acts as cell adhesive molecules that are fibrin, fibronectin, and vitronectin. The use of platelet rich plasma therapy is tremendously increased after 2009 due to its
Global Platelet Rich Plasma (PRP) Industry
Global Platelet Rich Plasma (PRP) Industry Global PRP market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Harvest Technologies DePuy Synthes Stryker Zimmer Biomet Arthrex Exactech Emcyte Corporation Arteriocyte Adilyfe Try Sample Report @ https://www.wiseguyreports.com/sample-request/1140003-global-prp-market-research-report-2017 Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of PRP in
Platelet Rich Plasma (PRP) Market | Competitive Dynamics & Global Outlook 2024
Global Platelet Rich Plasma (PRP) Market: Overview Platelet rich plasma (PRP) is a blood plasma product in which concentration of platelets is elevated four to eight times than normal blood platelet concentration. PRP is also called platelet rich gel, platelet enriched plasma and platelet enriched gel. PRP is an effective treatment to treat various diseases such as orthopedic diseases, sports injuries, neurological diseases and cardiothoracic diseases. In addition, PRP therapy has
Competitive Landscape for PRP Market Key Trends 2024
Global Platelet Rich Plasma (PRP) Market: Snapshot Of late, the global market for platelet rich plasma (PRP) has been witnessing a remarkable rise in its valuation. The upswing in the incidence of orthopedic diseases, propelled by the increasing cases of sports injuries, and the growing prevalence of cardiothoracic and neurological disorders has emerged as the main factor behind this tremendous growth of this market. In addition to this, the surge in cosmetic
PRP Storage Partners with Whittier Storage to Provide Property Management
PRP Storage partners with Storage Outlet Whittier to provide property management services; including overall facility management, staffing assistance and marketing services. Whittier, CA, June 02, 2011 -- PRP Storage, a Southern California based mini storage property management company, has reached an agreement with Storage Outlet Whittier to manage its Whitter location. PRP will provide overall facility management, staffing assistance and marketing services for the facility. Additionally, PRP will also