Platelet Rich Plasma Market: Adoption in Cosmetic Surgery to Unwind Novel Growth Avenues

Rockville, USA, 2019-May-03 — /EPR Network/ —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 Fact.MR 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.

In the wake of burgeoning instances of orthopedic ailments and sports injuries, demands for platelet-rich plasma remains potentially high owing to its efficiency in arresting tissue aging amongst geriatric populace. With massive scope for minimally invasive therapeutics such as tissue engineering and regenerative medication, demands for plasma rich platelet is accounted to slate lucrative growth spots. Additionally, rapid adoption in other therapeutic capacities such as cosmetic surgery is estimated to incur palpable growth outcome in recent years.

With growing preferences for superlative cosmetic wellbeing, global population is fast banking upon new technological procedures such as platelet rich plasma to address core cosmetic conditions such as scars, wrinkles, freckles, fine lines, and under eye circles. Owing to a pool of benefits such as least chances of disease communication and allergic reactions, platelet rich plasma has witnessed widespread adoption in cosmetic corrections.

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Leading vendors are therefore directed towards addressing prevailing pitfalls such as lack of adequate administration mode that entails significant drawbacks. Medical practitioners are keen on developing novel injection mechanisms to ease administration. Additionally, healthcare fraternity are also assessing the efficacy of platelet rich plasma in hair loss treatments.

Platelet Rich Plasma Market: Overview

The platelet rich plasma market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of platelet rich plasma market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

Detailed overview of platelet rich plasma market spectrum presented in the report banks upon a robust research methodology comprising primary and secondary researches that divulge relevant and timely market intelligence figures. Voluminous information recorded in the report with the aid of these research approaches have been meticulously validated by in-house research analysts.

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The Fact.MR report provides segment-wise analysis and forecast for covering the wide scope of global platelet-rich plasma market. Product type, end user, application and region are key segments that define the growth of the global market for platelet-rich plasma. In this segmentation analysis, a
detailed country-wise forecast across all key market parameters is also included.

North America Set to Dominate Global Platelet-rich Plasma Market

North America is set to lead 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, growing at a robust CAGR through 2022.

PRP Therapy Instruments Poised to Touch Nearly US$ 86 Mn Value by 2022-end

As per the forecast of Fact.MR, 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 platelet-rich plasma market by the year 2017, but, is also expected to lose market share by the end of the year 2022.


Platelet Rich Plasma Market: Competition Landscape

This section of the report offers a detailed section on key contributors in platelet rich plasma market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

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.

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