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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 comprises proteins that act as cell adhesive molecules like fibrin, vitronectin, and fibronectin.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/platelet-rich-plasma-prp-market/request-samplePlatelet 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.
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.
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.
Long-term Outlook: The global platelet rich plasma market is projected to increase at a CAGR of over 12.0% during the forecast period from 2016-2026.
North America is forecast to dominate the global market throughout the forecast period, whereas orthopaedic surgery will be the largest application segment Key players operating in the global platelet rich plasma market are Harvest Technologies Corp., Biomet, Inc., Arthrex, Inc. and Arteriocyte Medical Systems, Inc. Dr. PRP America, Cesca Therapeutics, Inc., and Regen Lab SA.Platelet rich plasma (PRP) is a blood plasma product in which concentration of platelets is elevated four to eight times higher than the normal blood platelet concentration.
This report studies the current scenario as well as future market potential for PRP globally.The market overview section of the report comprises qualitative analysis of the overall PRP market considering the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter’s five force analysis and market attractiveness analysis.
In addition, various analyses such as event impact analysis, regulatory scenario and value chain analysis has also been provided.
Event impact analysis encompasses the major events occurred in past decade and are expected to occur during the forecast period and are likely to affect the market dynamics positively or negatively.
Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1722The global PRP market has been segmented on the basis of types, origins and applications.
Platelet-rich Plasma Market: IntroductionAccording to the report, the global platelet-rich plasma market was valued at ~US$ 248 Mn in 2019.
Plasma is a component of blood, which contains blood cells and promotes blood clotting that helps wounds of the body to heal.
Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=4021 North America dominated the global platelet-rich plasma market in 2019, followed by Europe and Asia Pacific.
Earlier, awareness about advantages and applications of PRP & stem cell therapy was limited to research laboratories.
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The expansion of the platelet-rich plasma market in the region can be ascribed to the increase in healthcare expenditure, rise in focus of key players on emerging regions, growth in geriatric population, and countries, such as Singapore, Malaysia, Sri Lanka, and South Korea providing efficient and smart PRP therapies to the increasing patient burden.