This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help these firms, garner greater market shares.
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Plasma Therapy Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database.
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The plasma therapy market is expected to grow from USD 135.6 million in 2016 to USD 297.6 million by 2021, at a CAGR of 14.0% from 2016 to 2021. This market is segmented on the basis of type, source, application, end user, and region.
The pure PRP segment of the plasma therapy type market is expected to grow at the highest CAGR during the forecast period.
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Based on source, the plasma therapy market is segmented into autologous and allergenic. The antilogous source segment is estimated to account for the largest share of the plasma therapy market in 2016.
Prevalence of orthopedic disorders and the need for development of new therapies will drive the growth of this segment.
Based on application, the plasma therapy market is segmented into dermatology, cardiac muscle injury, dental, nerve injury, and others. The orthopedic segment is further segmented into arthritis, chronic tendinitis, and bone repair ®eneration.
Similarly, the dermatology segment is further segmented into androgenic alopecia and plastic surgery. The dermatology application segment is expected to grow at the highest CAGR from 2016 to 2021, owing to increase in the number of cosmetic procedures and prevalence of dermatological disorders such as androgenic alopecia.
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Based on end user, the plasma therapy market is segmented into hospitals &clinics and research institutes. The hospitals &clinics segment is estimated to account for the largest share of the global plasma therapy market in 2016.
Rise in healthcare spending has resulted in the increasing use of PRP in hospitals &clinics.
On the basis of region, the plasma therapy market is led by North America, followed by Europe, Asia-Pacific, and rest of the world. Major factors contributing to the growth of the plasma therapy market include high incidences of trauma, increase in healthcare expenditure, and access to medical insurance in the U.S.
On the other hand, stringent regulatory policies and side-effects associated with PRP therapy are restraining the growth of this market.
Key Points From Table Of Content:
5 Market Overview
5.2 Market Segmentation
5.2.1 Market, By Type
5.2.2 Market, By Source
5.2.3 Market, By Application
5.2.4 Market, By End User
5.3 Market Dynamics
5.3.1 Market Drivers
22.214.171.124 Rising Incidences of Sports Injuries
126.96.36.199 Increase in the Number of Androgenic Alopecia Patients Worldwide
188.8.131.52 Growing Use of Platelet-Rich Plasma in Various Therapeutic Areas
184.108.40.206 Prevalence of Arthritis
5.3.2 Market Restraints
220.127.116.11 Lack of Reimbursement Policies
18.104.22.168 Varying Prices of Plasma Therapy
5.3.3 Market Opportunities
22.214.171.124 Increase in the Number of Patients Suffering From Orthopedic Disorders and Androgenic Alopecia
5.3.4 Market Challenges
126.96.36.199 Restricted Use of PRP in Patients Suffering From Diabetes and Kidney Ailments
188.8.131.52 Developments in Other Fields of Regenerative Medicine
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