Platelet Rich Plasma (PRP) Market Dynamics, SWOT Analysis and Competitive Insights till 2025

Felton, Calif., USA, Dec. 03, 2020 — /EPR Network/ —

– Global Platelet Rich Plasma (PRP) Market is estimated to reach USD 647.01 million by 2025 owing to the growing prevalence of orthopedic disorders like knee osteoarthritis, achilles tendinopathy, rotator cuff tears and increasing application of platelet rich plasma in cosmetic surgery. Platelet rich plasma is a common treatment at present in the cosmetic (dermatological) field.

It stimulates fibroblasts in the skin and makes them produce collagen fibers since (PRP) Platelet Rich Plasma is made from the patient’s body, the treatment is considered very safe. It is prepared by separating the blood sample, which separates platelet rich plasma from the platelet poor plasma and the red blood cells due to the differences. It comprises proteins that act as cell adhesive molecules like fibrin, vitronectin, and fibronectin.

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Platelet rich plasma therapy has gained traction due to its wide application with no side-effects. It is also used for treating injured tendons, joints, muscles, and ligaments. PRP therapy also reduces patients’ low back pain and help them recover soon. It is also extensively used in cases of baldness that increases the blood flow and supports in hair growth.

Since, the patient prefer minimally invasive surgeries, the cost of technological use is high. On the other hand, speedy and efficient healing post a surgery remains therapeutic-stage of great importance for the caretakers and PRP has been serving the cause effectively. The prevalence of orthopedic disorders that require surgery, continue to grow along with the trend of cosmetic surgeries in developed regions with a vast geriatric population.

Platelet Rich Plasma industry is predicted to attain new heights across geographies. Leukocyte rich PRP has witnessed higher growth since it stimulates the growth of tissues that help in the treatment of soft tissue flaws of human body. The major driving factors of the market are the growing elderly population, increase in occurrence of sports and orthopedic injuries, the increasing number of cosmetic surgeries, technological advancements and rise in awareness regarding PRP therapies.

Platelet Rich Plasma Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Pure PRP
  • Leukocyte-Rich PRP
  • Leukocyte-Rich Fibrin

Platelet Rich Plasma Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Orthopedics
  • Cosmetic Surgery & Dermatology
  • Ophthalmic Surgery
  • Neurosurgery
  • General surgery
  • Others

The key platelet rich plasma (PRP) industry players profiled here are Arthrex, Inc., Zimmer Biomet, Harvest Technologies Corporation, DePuySynthes, Inc., Stryker Corporation, AdiStem Ltd., ISTO Biologics, Cesca Therapeutics, Inc., Exactech Inc., and Nuo Therapeutics.

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Platelet Rich Plasma Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Asia Pacific
  • China
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • MEA
  • South Africa

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