Global Platelet Rich Plasma Industry Market Expected to Deliver Dynamic Progression until 2022

Platelet-rich plasma market is growing at a steady pace due to the vast application areas in which it is used in the healthcare industry. The areas of application of platelet-rich plasma therapy include orthopedic diseases, neurological diseases, sports injuries and cosmetic surgery. This FactMR report analyzes the expansion of global Platelet-Rich Plasma Market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022. Platelet-rich plasma therapy providers, research institutes, and key players in the global platelet-rich plasma market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to platelet-rich plasma therapy.

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This FactMR report on the global platelet-rich plasma market forecasts that the global platelet-rich plasma market will touch a value of nearly US$ 391 Mn in the year 2022 and grow at a robust CAGR during the assessment period, 2017-2022.

Platelet-rich plasma has many uses in the healthcare industry, especially in orthopedic surgeries and cosmetic surgeries. Injuries like rotator cuff, tendon injuries, tennis elbow and hamstring among others are healed quickly and effectively with the help of platelet-rich plasma therapy. Besides, a number of sports injuries are also healed by using platelet-rich plasma therapy. Treatment of medical conditions such as erectile dysfunction and facelift surgeries are some of new application areas for platelet-rich plasma therapy. Platelet-rich plasma is a product derived from blood plasma, consisting of enriched platelets, along with several other growth factors, that assist the quick healing of bone and other soft tissues. Due to the several application areas where platelet-rich plasma therapy can be used, it is being adopted widely all across the medical world, especially in cosmetic surgeries. However, the high cost of the medical devices associated with platelet-rich plasma therapy may act as a restraint to the growth of this market.

Platelet-rich plasma is a type of blood plasma product in which the concentration of platelets is much higher, more than four to eight times higher than the normal concentration of blood platelets. Platelet-rich plasma is also known as platelet enriched plasma, platelet-rich gel and platelet enriched gels. It is used in the quick and effective treatment of many medical conditions such as orthopedic diseases, neurological diseases, sports injuries and cardiothoracic diseases. Additionally, platelet-rich plasma has vast applications in the field of cosmetic surgery.

The market in North America is set to dominate the global platelet-rich plasma market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America’s platelet-rich plasma market is expected to remain the most attractive region, growing at a robust CAGR over the assessment period.

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As per the forecast of FactMR, the instruments segment is expected to reach a value of nearly US$ 86 Mn in the year 2022. This represents a robust CAGR during the forecast period of 2017-2022. Instruments segment is expected to account for more than one-fourth of the revenue share of the global market by the year 2017, but, is also expected to lose market share by the end of the year 2022.  As per the forecast of FactMR, the hospitals end user segment is slated to touch a figure of nearly US$ 184 Mn in the year 2022. This represents a CAGR of 10.0% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022.

The report also profiles companies that are expected to remain active in the expansion of global platelet-rich plasma market through 2022, which include Arthrex, Inc., Johnson & Johnson, Zimmer Biomet Holdings, Inc., Exactech, Inc., Stryker Corporation, Terumo Medical Corporation, Biotest Aktiengesellschaft and CSL Limited.

Table of Contents:

  1. Global Platelet-Rich Plasma Market – Executive Summary
  2. Global Platelet-Rich Plasma Market Overview

2.1. Introduction

2.1.1. Global Platelet-Rich Plasma Market Taxonomy

2.1.2. Global Platelet-Rich Plasma Market Definition

2.2. Global Platelet-Rich Plasma Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Platelet-Rich Plasma Market Y-o-Y Growth

2.3. Global Platelet-Rich Plasma Market Dynamics

2.4. Regulations

2.5. Supply Chain

2.6. Cost Structure

Continued………………………

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