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report thumbnailU.S. Platelet Rich Plasma Market

U.S. Platelet Rich Plasma Market Is Set To Reach USD Million  By 2032, Growing At A CAGR Of 17.2

U.S. Platelet Rich Plasma Market by Product (Pure Platelet Rich Plasma {Pure PRP}, Leukocyte-rich Platelet Rich Plasma {L-PRP}, Platelet Rich Fibrin {PRF}, Others), by Application (Orthopedics, Neurology, Cosmetics, Wound Care, Others), by End User (Hospital & ASCs, Specialty Clinics, Others), by Forecast 2024-2032

Jul 11 2024
Base Year: 2023
150 Pages
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U.S. Platelet Rich Plasma Market Is Set To Reach USD Million  By 2032, Growing At A CAGR Of 17.2

Key Insights

The U.S. Platelet Rich Plasma Market size was valued at USD 117.2 USD Million in 2023 and is projected to reach USD 355.98 USD Million by 2032, exhibiting a CAGR of 17.2 % during the forecast period. PRP is a regenerative therapy that enriches the platelet in a patient's own blood to form a specific component which is used to treat such conditions and diseases that affect the forming of new cells and tissues. Classes can be divided into 2 types, the leukocyte-rich and leukocyte-poor, based on their levels of white blood cell counts. PRP factores high platelet concentration resulting in the release of growth factors responsible for tissue repair and regeneration. They can start with a simple orthopedics field, then, move on, to dermatology- and even cosmetics fields, like hair restoration. US, the thousand-dollar market allocates another $6.2 billion in medical expenses on basically minimally invasive treatments and advancing in medical technology as well. However, it also has its downsides in the form of regulations and reimbursement policies that restrict the market growth.

U.S. Platelet Rich Plasma Market Research Report - Market Size, Growth & Forecast

U.S. Platelet Rich Plasma Trends

  • Rising demand for non-surgical and minimally invasive treatments
  • Growing popularity of PRP therapy for cosmetic applications
  • Technological advancements in PRP preparation and delivery systems

Driving Forces: What's Propelling the U.S. Platelet Rich Plasma Market

  • Growing prevalence of chronic diseases
  • Increased awareness of PRP therapy
  • Technological advancements
  • Government initiatives and funding

Challenges and Restraints in U.S. Platelet Rich Plasma Market

  • High cost of PRP therapy
  • Lack of standardized protocols
  • Regulatory hurdles

Emerging Trends in U.S. Platelet Rich Plasma

  • Development of new PRP preparation methods
  • Growing use of PRP in combination with other therapies
  • Advancements in PRP delivery systems

Growth Catalysts in the U.S. Platelet-Rich Plasma Industry

U.S. Platelet Rich Plasma Market Growth
  • Increasing number of research studies supporting the benefits of PRP therapy
  • Entry of major players into the market
  • Rising demand for aesthetic procedures

Market Segmentation: U.S. Platelet Rich Plasma Analysis

Product:

  • Pure Platelet Rich Plasma (Pure PRP)
  • Leukocyte-rich Platelet Rich Plasma (L-PRP)
  • Platelet Rich Fibrin (PRF)

Application:

  • Orthopedics
  • Neurology
  • Cosmetics
  • Wound Care

End User:

  • Hospital & ASCs
  • Specialty Clinics

Leading Players in the U.S. Platelet Rich Plasma Market

  • Arthrex, Inc.
  • Zimmer Biomet 
  • Isto Biologics 
  • ThermoGenesis Holdings, Inc. 
  • Exactech, Inc. 
  • EmCyte Corporation 

Significant Developments in the U.S. Platelet-Rich Plasma Sector

  • June 2023: Isto Biologics launched Precise, a brand-new technology that delivers a final platelet-rich plasma product with precision cellular fractions upon concentration.
  • July 2021: Arthrex, Inc. entered into a strategic agreement with Celularity to distribute and commercialize Celularity’s placental-derived biomaterial products for orthopedic surgery and sports medicine in the U.S.
  • July 2021: Exactech, Inc. partnered with RTI Surgical to supply and develop biologic products, such as bone substitutes.

Comprehensive Coverage U.S. Platelet Rich Plasma Market Report

  • DROCT Analysis: Drivers, Restraints, Opportunities, Challenges, and Threats
  • Pricing Analysis: Price Trends, Market Segments, and Geographic Variations
  • Import and Export Analysis: Historical Data, Market Volume, and Value
  • Segmentation: Product, Application, End User, and Geography
  • Patent/Trademark Analysis: Recent Filings, Granted Patents, and Pending Applications

U.S. Platelet Rich Plasma Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.2% from 2018-2032
Segmentation
    • By Product
      • Pure Platelet Rich Plasma {Pure PRP}
      • Leukocyte-rich Platelet Rich Plasma {L-PRP}
      • Platelet Rich Fibrin {PRF}
      • Others
    • By Application
      • Orthopedics
      • Neurology
      • Cosmetics
      • Wound Care
      • Others
    • By End User
      • Hospital & ASCs
      • Specialty Clinics
      • Others
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Technological Developments in Products to Propel Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Stringent Regulatory Scenario and Relevant Side-Effects to Impede Growth Prospects
      • 3.4. Market Trends
        • 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Product
      • 5.1.1. Pure Platelet Rich Plasma {Pure PRP}
      • 5.1.2. Leukocyte-rich Platelet Rich Plasma {L-PRP}
      • 5.1.3. Platelet Rich Fibrin {PRF}
      • 5.1.4. Others
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Orthopedics
      • 5.2.2. Neurology
      • 5.2.3. Cosmetics
      • 5.2.4. Wound Care
      • 5.2.5. Others
    • 5.3. Market Analysis, Insights and Forecast - by End User
      • 5.3.1. Hospital & ASCs
      • 5.3.2. Specialty Clinics
      • 5.3.3. Others
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1.
  6. 6. Northeast U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Product
        • 6.1.1 Pure Platelet Rich Plasma {Pure PRP}
        • 6.1.2 Leukocyte-rich Platelet Rich Plasma {L-PRP}
        • 6.1.3 Platelet Rich Fibrin {PRF}
        • 6.1.4 and Others
      • 6.2. Market Analysis, Insights and Forecast - By Application
        • 6.2.1 Orthopedics
        • 6.2.2 Neurology
        • 6.2.3 Cosmetics
        • 6.2.4 Wound Care
        • 6.2.5 and Others
      • 6.3. Market Analysis, Insights and Forecast - By End User
        • 6.3.1 Hospital & ASCs
        • 6.3.2 Specialty Clinics
        • 6.3.3 and Others
  7. 7. Southeast U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Product
        • 7.1.1 Pure Platelet Rich Plasma {Pure PRP}
        • 7.1.2 Leukocyte-rich Platelet Rich Plasma {L-PRP}
        • 7.1.3 Platelet Rich Fibrin {PRF}
        • 7.1.4 and Others
      • 7.2. Market Analysis, Insights and Forecast - By Application
        • 7.2.1 Orthopedics
        • 7.2.2 Neurology
        • 7.2.3 Cosmetics
        • 7.2.4 Wound Care
        • 7.2.5 and Others
      • 7.3. Market Analysis, Insights and Forecast - By End User
        • 7.3.1 Hospital & ASCs
        • 7.3.2 Specialty Clinics
        • 7.3.3 and Others
  8. 8. Midwest U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Product
        • 8.1.1 Pure Platelet Rich Plasma {Pure PRP}
        • 8.1.2 Leukocyte-rich Platelet Rich Plasma {L-PRP}
        • 8.1.3 Platelet Rich Fibrin {PRF}
        • 8.1.4 and Others
      • 8.2. Market Analysis, Insights and Forecast - By Application
        • 8.2.1 Orthopedics
        • 8.2.2 Neurology
        • 8.2.3 Cosmetics
        • 8.2.4 Wound Care
        • 8.2.5 and Others
      • 8.3. Market Analysis, Insights and Forecast - By End User
        • 8.3.1 Hospital & ASCs
        • 8.3.2 Specialty Clinics
        • 8.3.3 and Others
  9. 9. Southwest U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Product
        • 9.1.1 Pure Platelet Rich Plasma {Pure PRP}
        • 9.1.2 Leukocyte-rich Platelet Rich Plasma {L-PRP}
        • 9.1.3 Platelet Rich Fibrin {PRF}
        • 9.1.4 and Others
      • 9.2. Market Analysis, Insights and Forecast - By Application
        • 9.2.1 Orthopedics
        • 9.2.2 Neurology
        • 9.2.3 Cosmetics
        • 9.2.4 Wound Care
        • 9.2.5 and Others
      • 9.3. Market Analysis, Insights and Forecast - By End User
        • 9.3.1 Hospital & ASCs
        • 9.3.2 Specialty Clinics
        • 9.3.3 and Others
  10. 10. West U.S. Platelet Rich Plasma Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Product
        • 10.1.1 Pure Platelet Rich Plasma {Pure PRP}
        • 10.1.2 Leukocyte-rich Platelet Rich Plasma {L-PRP}
        • 10.1.3 Platelet Rich Fibrin {PRF}
        • 10.1.4 and Others
      • 10.2. Market Analysis, Insights and Forecast - By Application
        • 10.2.1 Orthopedics
        • 10.2.2 Neurology
        • 10.2.3 Cosmetics
        • 10.2.4 Wound Care
        • 10.2.5 and Others
      • 10.3. Market Analysis, Insights and Forecast - By End User
        • 10.3.1 Hospital & ASCs
        • 10.3.2 Specialty Clinics
        • 10.3.3 and Others
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Arthrex Inc. (U.S.)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Zimmer Biomet (U.S.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Isto Biologics (U.S.)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 ThermoGenesis Holdings Inc. (U.S.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Exactech Inc. (U.S.)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 EmCyte Corporation (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Stryker (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Medical Devices Business Services Inc. (Johnson & Johnson Services
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Inc.) (U.S.)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Terumo Corporation (Japan)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: U.S. Platelet Rich Plasma Market Revenue Breakdown (USD Million, %) by Product 2023 & 2031
  2. Figure 2: U.S. Platelet Rich Plasma Market Value Share (%), by Product 2023 & 2031
  3. Figure 3: U.S. Platelet Rich Plasma Market Value Share (%), by Application 2023 & 2031
  4. Figure 4: U.S. Platelet Rich Plasma Market Value Share (%), by End User 2023 & 2031
  5. Figure 5: U.S. Platelet Rich Plasma Market Share (%) by Company 2023
List of Tables
  1. Table 1: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Product 2018 & 2031
  2. Table 2: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Application 2018 & 2031
  3. Table 3: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by End User 2018 & 2031
  4. Table 4: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Region 2018 & 2031
  5. Table 5: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Product 2018 & 2031
  6. Table 6: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Application 2018 & 2031
  7. Table 7: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by End User 2018 & 2031
  8. Table 8: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Region 2018 & 2031
  9. Table 9: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Product 2018 & 2031
  10. Table 10: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Application 2018 & 2031
  11. Table 11: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by End User 2018 & 2031
  12. Table 12: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Country 2018 & 2031
  13. Table 13: Northeast U.S. Platelet Rich Plasma Market Revenue (USD Million) Forecast, by Application 2018 & 2031
  14. Table 14: Southeast U.S. Platelet Rich Plasma Market Revenue (USD Million) Forecast, by Application 2018 & 2031
  15. Table 15: Midwest U.S. Platelet Rich Plasma Market Revenue (USD Million) Forecast, by Application 2018 & 2031
  16. Table 16: Southwest U.S. Platelet Rich Plasma Market Revenue (USD Million) Forecast, by Application 2018 & 2031
  17. Table 17: West U.S. Platelet Rich Plasma Market Revenue (USD Million) Forecast, by Application 2018 & 2031
  18. Table 18: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Product 2018 & 2031
  19. Table 19: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Application 2018 & 2031
  20. Table 20: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by End User 2018 & 2031
  21. Table 21: U.S. Platelet Rich Plasma Market Revenue USD Million Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 17.2% from 2018-2032
Segmentation
    • By Product
      • Pure Platelet Rich Plasma {Pure PRP}
      • Leukocyte-rich Platelet Rich Plasma {L-PRP}
      • Platelet Rich Fibrin {PRF}
      • Others
    • By Application
      • Orthopedics
      • Neurology
      • Cosmetics
      • Wound Care
      • Others
    • By End User
      • Hospital & ASCs
      • Specialty Clinics
      • Others
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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