Global Autologous Conditioned Plasma Market Size By Composition, By Source, By Indication, By End User, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Autologous Conditioned Plasma Market Size And Forecast
Autologous Conditioned Plasma Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
What's fueling the Global Autologous Conditioned Plasma Market? Well, a big part of it is that more and more people are looking for minimally-invasive treatments. Plus, the field is evolving – things like autologous conditioned plasma fibrin therapy are gaining traction and expected to boost market growth. Demand in the medical world is also a major driver, pushing the market to potentially boom in the coming years. Of course, it's not all smooth sailing; risks like cross-contamination and fluctuating treatment costs could slow things down. Want the full picture? Our Global Autologous Conditioned Plasma Market report takes a deep dive, looking at all the key piecessegments, trends, what's driving growth, what's holding it back, who the competition is, and all the factors really making a difference in the market.
Global Autologous Conditioned Plasma Market Definition
Autologous conditioned plasma? Basically, it's platelet-rich plasma protein taken from your own blood! They spin the blood to get rid of the red blood cells. Now, whether PRP actually works depends on the situation, and there are times when it's definitely not a good idea. People have looked into it for things like chronic tendinitis, osteoarthritis, dental work, and even plastic surgery. Turns out, it might not help with rotator cuff issues. But, there's good evidence that it can help with knee osteoarthritis (OA). One big study even suggests that PRP might be better than hyaluronic acid for knee OA when it comes to easing pain and helping you move better.
A few randomized controlled trials tested the safety and effectiveness of PRP therapies properly, which concluded that PRP is a promising, but it is not proven, treatment option for joint, tendon, ligament, and muscle injuries. It is reported that autologous cell therapies have little evidence that they operate and can present risks such as cross-contamination between people if systems are not correctly or potentially harmful immune reactions. In 2019, Health Canada stated that the majority of autologous cell therapies have little evidence that they work and can pose risk.
Global Autologous Conditioned Plasma Market Overview
Increasing demand from the elderly population and their preference for minimally-invasive and non-surgical treatments over surgical treatments is expected to augment market growth. Technological innovations for the development of cost-effective products are also expected to have a positive impact on growth. In addition, increasing application scope owing to its advantages in cases, such as musculoskeletal injuries and sports injuries & trauma, is expected to fuel the demand for autologous conditioned plasma. Necessity to improve treatments durability to avoid high replacement cost especially in musculoskeletal injuries and several other applications will propel the autologous conditioned plasma market.
Furthermore, increasing R&D spending for the development in new treatment methods and medical equipment will propel product demand. The adverse effect of cross-contamination between people if the equipment is not sterilized properly or potentially dangerous immune reactions is another factor driving industry growth. Trends in the global autologous conditioned plasma market include market consolidation and technological advancements in process and materials. However, the risk of cross-contamination is likely to restrict the use of autologous conditioned plasma, particularly in the medical sector. Also, fluctuating prices of treatment may slow down the growth of the market.
Global Autologous Conditioned Plasma Market Segmentation Analysis
The Global Autologous Conditioned Plasma is Segmented On The Basis of Composition, Source, Indication, End User, and Geography.
Autologous Conditioned Plasma Market, By Composition
• Pure Platelet-Rich Plasma (P-PRP)• Pure Platelet-Rich Fibrin (P-PRF)• Leukocyte- And Platelet-Rich Plasma (LPRP)• Leukocyte- And Platelet-Rich Fibrin (L-PRF)
Based on Composition, the market is bifurcated into pure platelet-rich plasma (P-PRP), pure platelet-rich fibrin (P-PRF), leukocyte- and platelet-rich plasma (LPRP), and leukocyte- and platelet-rich fibrin (L-PRF). In composition, pure platelet-rich plasma is expected to register highest CAGR and will be the largest contributor towards autologous conditioned plasma market. The growing demand for pure platelet-rich plasma is due to its high efficacy of the composition in accelerating healing.
Based on Source, the market is segmented into autologous platelet-rich plasma, allogeneic platelet-rich plasma, and homologues platelet-rich plasma. Autologous Platelet-rich. Plasma is expected to generate largest share by 2027. Preference for the autologous platelet-rich plasma source is due to less immune reaction and side effects will drive the thermal spray coating market.
Autologous Conditioned Plasma Market, By Indication
• Skin Ulcers• Bone Fractures And Grafts• Prostheses Surgeries• Oral Implantology• Sports Injuries & Trauma• Cosmetic Surgeries• Others
Based on Indication, the market is segmented into skin ulcers, bone fractures and grafts, prostheses surgeries, oral implantology, sports injuries & trauma, cosmetic surgeries, and others. Cosmetic surgeries are expected to generate largest share by 2027. Facial appearance enhancement treatments will drive the autologous conditioned plasma market.
Based on End User, the market is bifurcated into hospitals, ambulatory surgical centres, specialty clinics, orthopedic & trauma centres, research Institutes, and others. The Specialty clinics and Orthopedic & Trauma centres together contributes to the largest shares of autologous conditioned plasma market during forecast period, owing to the availability of highly skilled healthcare professionals in such centres and clinics.
Autologous Conditioned Plasma Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Okay, so when we look at the Global Autologous Conditioned Plasma Market across different regions, we see it's mainly broken down into North America, Europe, Asia Pacific, and, well, the rest of the world. North America is currently the biggest consumer of this stuff, and a lot of that comes down to new products hitting the market and more people getting PRP therapy, especially for orthopedic surgeries. Plus, you've got an older population, more disposable income, and a growing need for it in all sorts of industries. Now, Asia Pacific? That market is predicted to really take off, largely because of their strong electronics and semiconductor game.
Key Players In Global Autologous Conditioned Plasma Market
The “Global Autologous Conditioned Plasma Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market Stryker Corporation, and Caesarea. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Autologous Conditioned Plasma Market Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2016-2027
Base Year
2019
Forecast Period
2020-2027
Historical Period
2016-2018
Key Companies Profiled
Stryker Corporation and Caesarea
Segments Covered
By Composition, By Source, By Indication, By End User, and By Geography.
Customization Scope
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
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