Report Scope & Overview:
The Plasma Therapy Market Size was valued at USD 416.83 billion in 2022, and is expected to reach USD 836.69 billion by 2030, and grow at a CAGR of 9.1% over the forecast period 2023-2030.
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.
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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.
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
Absence of Policies for Reimbursement
Different Plasma Therapy Costs
A rise in the number of people afflicted with orthopedic conditions and androgenic alopecia
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.
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.
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.
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.
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.
KEY MARKET SEGMENTS:
Pure Platelet-Rich Fibrin
Cardiac Muscle Injury
Hospitals & Clinics
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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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
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 and other players.
Ony Biotech Inc-Company Financial Analysis
|Market Size in 2022
|US$ 416.83 Billion
|Market Size by 2030
|US$ 836.69 Billion
|CAGR of 9.1% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• 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)
|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)
|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.
|• Sports injuries are occurring more frequently.
• Global Androgenic Alopecia Patient Numbers are on the Rise.
|• Absence of Policies for Reimbursement
• Different Plasma Therapy Costs
Ans. The Plasma Therapy market size was valued at US$ 416.83 billion in 2022.
Ams: The Plasma Therapy market is to grow at a CAGR of 9.1% over the forecast period 2023-2030.
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
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
10. Plasma Therapy Market Segmentation, By Application
10.3 Cardiac Muscle Injury
10.5 Nerve Injury
11. Plasma Therapy Market Segmentation, By End-users
11.1 Hospitals & Clinics
11.2 Research Institutes
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
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
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
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