The Global Platelet Rich Plasma Market to 2023: CAGR is Expected to Grow at 14% - The Prevalence of Arthritis is Augmenting Growth - ResearchAndMarkets.com

September 6, 2018

DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The “Global Platelet Rich Plasma Market - Segmented by Type, Source, Application, End-User and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The platelet-rich plasma market is expected to grow at a CAGR of 14% during the forecast period.

Prevalence of Arthritis

Osteoarthritis (OA) is the most common form of chronic disorder of the joints, and it has some detrimental effects on the quality of life of the patients. Progressive cartilage destruction, osteophyte formation, and subchondral sclerosis are characteristic to osteoarthritis.Platelet-rich plasma (PRP) is an autologous concentration of a high number of platelets in a small volume of plasma. PRP is prepared centrifuging blood.In knee OA, PRP injections target to promote cartilage repair in order to relieve symptoms of osteoarthritis, hence delaying the need for joint replacement surgery. This will help boost the growth of this market in the forecast period.Along with this, other factors, such as rising incidences of sports injuries, increase in the number of androgenic alopecia patients, and growing use of platelet-rich plasma in various therapeutic areas will also lead to the growth of the market.Other HighlightsHigh Prices of Plasma TherapyNorth America to Maintain Lead in the Market

Key Development in the Market

The Cascade Medical’s FIBRINET System designed to be used for the safe and rapid preparation of autologous platelet-rich plasma (PRP) from a small sample of blood at the patient point of care received FDA approval in the United States.Companies FeaturedBio Product Laboratory Ltd. (BPL)Biolife Plasma ServicesBiotestCambryn Biologics LLCChina Biologic Products Inc.CSL Ltd.Grifols International S.A.Kedrion S.P.A.LFB S.A.Octapharma

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Market Dynamics

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/f7kp6n/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005411/en/

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PUB: 09/06/2018 07:06 AM/DISC: 09/06/2018 07:06 AM


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