Platelet Rich Plasma Market Is Anticipated To Grow Quickly Due To Increasing Application Of PRP In Cosmetic Surgery Till 2025: Grand View Research, Inc.
The global platelet
rich plasma market is
expected to reach USD 647.1 million by 2025, according to a new report by Grand
View Research, Inc. Growing prevalence of orthopedic diseases and increasing
application of PRP in cosmetic surgery is propelling the demand for the market.
Platelet-rich plasma has become one of the cutting-edge technologies for a
number of medical applications including orthopedics, general surgery, cosmetic
surgery, cardiovascular surgery, wound healing, and others.
Platelet rich plasma treatments
aid in soft tissue healing and reduce the risk of post and preoperative
bleeding. As a result, it is considered as one of the most significant
treatment methods for the management of several chronic diseases. The most enticing
fact about this treatment is that the procedure helps in regeneration of
ligament and tendon fibers, which can possibly obviate the need for surgery and
result in enormous growth of the PRP market during the forecast period.
U.S. platelet-rich plasma (PRP) market revenue, by
product, 2014 - 2025 (USD Million)
Browse full research report on Platelet
Rich Plasma (PRP) Market
Further key findings from the report suggest:
- The market study
suggests that pure PRP dominated the overall market in 2016 owing to its
greater capability and suitability for bone regeneration and improved
patient response due to less inflammation
- However,
leukocyte-rich PRP is expected to witness highest growth rate due to the
presence of inductive properties that help in stimulation of healing
processes. Treatment with leukocyte-rich PRP is anticipated to be one of
the most favorable methods in the future for the treatment of soft tissue
defects
- Amongst the
application segments, orthopedics occupied the largest share in 2016 as
PRP injections aid in rapid augmentation of soft tissue healing process.
Few orthopedic complications that have been treated successfully with PRP
techniques include knee osteoarthritis, Achilles tendinopathy, lateral
epicondylitis, rotator cuff tears, and ulnar collateral ligament
- The cosmetic
surgery and dermatology application segment is expected to grow at the
highest growth rate during the forecast period as PRP injections trigger
the production of new cells and promote collagen formation, which
naturally tightens and smoothens the skin
- North America
dominated the regional segment with the largest revenue share in 2016, due
to increasing orthopedic disorders & sport injuries and greater
developments in the field of plasma therapy
- Asia Pacific
is expected to witness significant growth during the forecast period,
primarily due to growing awareness regarding platelet rich plasma
treatment, rising demand for cosmetic procedures, and booming medical
tourism industry in the region
- Some of the
major companies operating in this market are T-Biotechnology (T-LAB);
Arthrex, Inc.; Terumo BCT, Inc.; EmCyte Corporation; DePuy Synthes; Zimmer
Biomet; Stryker; Glofinn Oy; DR. PRP AMERICA, LLC; and others.
For more information: http://www.grandviewresearch.com
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