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Plasma Therapy Market

Plasma Therapy Market Size, Share & Segment by Type (Pure PRP, Leukocyte-Rich PRP, Pure Platelet-Rich Fibrin, Leukocyte-Rich Fibrin), By Source (Autologous, Allogenic), By Application (Orthopedic, Dermatology, Cardiac Muscle Injury, Dental, Nerve Injury), By End-users (Hospitals & Clinics, Research Institutes), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2494 | July 2022 | Region: Global | 129 Pages

Report Scope & Overview:

The Plasma Therapy Market Size was valued at USD 382.07 billion in 2021, and is expected to reach USD 702.95 billion by 2028, and grow at a CAGR of 9.1% over the forecast period 2022-2028.

Plasma, platelets, red blood cells, and white blood cells make up the blood. Plasma makes up over 57% of the entire blood volume. Important hormones, proteins, and nutrients are transported by the plasma to many bodily areas. The fundamental goal of plasma therapy is to give a patient access to a healthy person's immune. The plasma typically has a high concentration of antibodies, which aids in the treatment of the illness.

Plasma Therapy Market

Proteins that are lacking or insufficient can be replaced by plasma treatment, enabling people to live healthy, disorder-free lives. Human blood provides various plasma-derived remedies for crippling, ongoing, and life-threatening illnesses as a result of expanding plasma-fractionation procedures. Plasma-derived products are essential for prevention and medical treatment. Plasma products are essential for treating autoimmune disorders, a variety of chronic illnesses such hemophilia, congenital and acquired immunodeficiencies, and bleeding emergencies. The market for plasma therapy is expanding as a result of improved access to healthcare, new goods and uses, and diagnostic advancements.

MARKET DYNAMICS

DRIVERS

  • Sports injuries are occurring more frequently.

  • Global Androgenic Alopecia Patient Numbers are on the Rise

  • Increasing Application of Platelet-Rich Plasma in a Variety of Therapeutic Fields

  • Arthritis frequency

RESTRAINTS

  • Absence of Policies for Reimbursement

  • Different Plasma Therapy Costs

OPPORTUNITIES

  • A rise in the number of people afflicted with orthopedic conditions and androgenic alopecia

CHALLENGES

  • Patients with diabetes and kidney diseases cannot use PRP without restrictions.

  • Additional Regenerative Medicine Developments

IMPACT OF COVID-19

The COVID-19 pandemic outbreak and government-ordered lockdowns to stop the disease's spread had an effect on a number of businesses. Due to the hospitals' inadequate staff and resources in comparison to the unexpected increase in the number of infected patients, the spike in infected patients had an influence on hospital administration. This resulted in a delay in medical treatments and surgeries. The non-emergency medical operation was postponed, and priority was given to emergency treatments that were more likely to impact patients or result in fatalities if postponed.

The plasma supply was put under further strain by the COVID-19 epidemic. The unexpected increase in COVID-19 patients has an impact on businesses, suppliers, and owners of platelet-rich plasma (PRP) therapeutic items in Asian economies. The absence of health infrastructure and government rules put on businesses and suppliers created problems for the middle- and low-income countries. Because there were no vaccines, other specialised medications, or treatments available during the pandemic, plasma therapy was suggested as a treatment.

By Type

Due to the minimal or nonexistent dangers associated with the use of pure PRP, the pure PRP category exhibits the biggest revenue share of the global market. Pure platelet-rich plasma is a preparation that has less red blood cells and concentrated platelet growth factors. It shows positive results in the treatment of patients' illnesses. The method is strongly advised.

Leukocyte-Rich PRP: PRP that is high in leukocytes is used to treat osteoarthritis in the hips and knees. A preparation with a high proportion of leukocytes is called leukocyte-rich PRP. Its primary purpose is to aid in the repair of ligaments and tendons.

Pure Platelet-Rich Fibrin: It's utilised to encourage wound healing, bone regeneration, transplant stabilization, and hemostasis. Platelet-rich fibrin and autologous leukocytes produced from patient blood can be used to define it.

Leukocyte-Rich Fibrin is an autologous platelet concentrate that has an increased fibrin matrix made up of platelets, leukocytes, and an excess of growth factors and cytokines.

By Source

Autologous: In 2021, this market category will hold the lion's share of the market. The market development of the autologous source segment is being driven by the widespread acceptance of plasma therapy as a potential treatment for bones and tissues in need of mending.

Allogenic: When compared to whole blood, allogeneic PRP contains 4.1 times as many platelets and growth regulators, respectively.

By Application

Dermatology: During the projection period, the segment is anticipated to have the greatest CAGR. This can be linked to an increase in the number of patients with hair- and skin-related disorders, a rise in the general public's awareness of beauty, and an increase in the usage of micro needling for cosmetic procedures.

Orthopedic: The market sector is expanding quickly due in large part to the increase in individuals suffering from bone-related illnesses such as arthritis. These disorders affect the bones and limbs.

Heart Muscle Injury: The cardiac muscles are treated using plasma. The repair of cardiac muscles is aided by plasma.

By End-users

Hospitals & Clinics: The treatment of illnesses like COVID-19, autoimmune disorders, cardiac-related ailments, and others is done in hospitals using plasma therapy.

Research Institutes: In order to develop a cure for common and dangerous diseases, research institutes use plasma from various patients.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Arthrex, Terumo Corporation, Exactech, Inc., Johnson & Johnson (DePuy Synthes), MTF Biologics, Ony Biotech Inc., Pfizer Inc., Regen Lab SA, Teva Pharmaceutical Industries Ltd., Zimmer Biomet.

MARKET SEGMENTS:

By Type

  • Pure PRP

  • Leukocyte-Rich PRP

  • Pure Platelet-Rich Fibrin

  • Leukocyte-Rich Fibrin

By Source

  • Autologous

  • Allogenic

By Application

  • Orthopedic

  • Dermatology

  • Cardiac Muscle Injury

  • Dental

  • Nerve Injury

By End-users

  • Hospitals & Clinics

  • Research Institutes

Plasma Therapy Market

REGIONAL ANALYSIS

During the projection period, North America is anticipated to have a significant market share for plasma therapy worldwide. Due to increased government and private sector research and development, it is projected that the market in the region would expand in the future. Due to growing populations and increased public awareness of blood donation, Asia-Pacific is also expected to experience significant growth. The expansion of hospitals and clinics as well as the availability of cutting-edge plasma therapies fuel the plasma therapy market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Plasma Therapy Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 382.07 Billion
Market Size by 2028 US$ 702.95 Billion
CAGR CAGR of 9.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Pure PRP, Leukocyte-Rich PRP, Pure Platelet-Rich Fibrin, Leukocyte-Rich Fibrin)
• By Source (Autologous, Allogenic)
• By Application (Orthopedic, Dermatology, Cardiac Muscle Injury, Dental, Nerve Injury)
• By End-users (Hospitals & Clinics, Research Institutes)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Arthrex, Terumo Corporation, Exactech, Inc., Johnson & Johnson (DePuy Synthes), MTF Biologics, Ony Biotech Inc., Pfizer Inc., Regen Lab SA, Teva Pharmaceutical Industries Ltd., Zimmer Biomet.
Key Drivers • Sports injuries are occurring more frequently.
• Global Androgenic Alopecia Patient Numbers are on the Rise.
RESTRAINTS • Absence of Policies for Reimbursement
• Different Plasma Therapy Costs


Frequently Asked Questions (FAQ) :

 Ans. The forecast period of Plasma Therapy market is 2022 to 2028.

Ans Absence of Policies for Reimbursement, and Different Plasma Therapy Costs are the restraints of Plasma Therapy Market.

Ans The plasma supply was put under further strain by the COVID-19 epidemic. The unexpected increase in COVID-19 patients has an impact on businesses, suppliers, and owners of platelet-rich plasma (PRP) therapeutic items in Asian economies.

Ans. Arthrex, Terumo Corporation, Exactech, Inc., Johnson & Johnson (DePuy Synthes), MTF Biologics, Ony Biotech Inc., Pfizer Inc. are the key players of the Plasma Therapy Market

 Ans. Dermatology During the projection period, the segment is anticipated to have the greatest CAGR.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Plasma Therapy Market Segmentation, By Type

8.1 Pure PRP

8.2 Leukocyte-Rich PRP

8.3 Pure Platelet-Rich Fibrin

8.4 Leukocyte-Rich Fibrin

 

9. Plasma Therapy Market Segmentation, By Source

9.1 Autologous

9.2 Allogenic

 

10. Plasma Therapy Market Segmentation, By Application

10.1 Orthopedic

10.2 Dermatology

10.3 Cardiac Muscle Injury

10.4 Dental

10.5 Nerve Injury

 

11. Plasma Therapy Market Segmentation, By End-users

11.1 Hospitals & Clinics

11.2 Research Institutes

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 Arthrex

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Terumo Corporation

13.3 Exactech, Inc.

13.4 Johnson & Johnson (DePuy Synthes)

13.5 MTF Biologics

13.6 Ony Biotech Inc.

13.7 Pfizer Inc.

13.8 Regen Lab SA

13.9 Teva Pharmaceutical Industries Ltd.

13.10 Zimmer Biomet

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

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Secondary Research

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