Plasma Therapy Market Size And Forecast

Plasma Therapy Market size was valued at USD 224.20 Million in 2020 and is projected to reach USD 634.27 Million by 2028, growing at a CAGR of 14.05% from 2021 to 2028.

The rise in the number of patients suffering from orthopedic disorders is anticipated to drive the growth of the global plasma therapy market.  The Global Plasma Therapy Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Plasma Therapy Market Definition

The blood consists of red blood cells, platelets, plasma, and white blood cells. Almost 55% of the total blood volume is made up of plasma. The plasma carries important hormones, proteins, and nutrients to different parts of the body. The main purpose of plasma therapy is to transfer the immunity of a healthy person to a patient. The plasma usually contains a high number of antibodies and thus helps in curing the disease.

Global Plasma Therapy Market Overview

The growth of the global plasma therapy market is being driven by rising incidences of sports injuries. The rise in the number of androgenic alopecia patients worldwide has led to increasing demand for plasma therapy. The plasma therapy market is flourishing at a rapid pace owing to the increasing use of platelet-rich plasma in various therapeutic areas. The increasing prevalence of arthritis is boosting the growth of the global plasma therapy market.

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However, some restraints are liming the growth of the global plasma therapy market. The issue related to the lack of reimbursement policies is hampering the growth of the global plasma therapy market. The varying price of plasma therapy is expected to create setbacks for the growth of the global plasma therapy market.

Global Plasma Therapy Market: Segmentation Analysis

The Global Plasma Therapy Market is Segmented Based on End User, Application, Source, Type, And Geography.

Plasma Therapy Market by End User

Hospitals & Clinics
Research Institutes
Based on End User, the market is bifurcated into Hospitals & Clinics, and Research Institutes. The hospital segment contributed majorly to the growth of the global plasma therapy market owing to an increase in healthcare spending.

Plasma Therapy Market by Application

Cardiac Muscle Injury
Dental
Nerve Injury
Dermatology
Orthopedic
Others
Based on Application, the market is bifurcated into Cardiac Muscle Injury, Dental, Nerve Injury, Dermatology, Orthopedic, and Others. The dermatology segment is further bifurcated into Plastic Surgery and Androgenic Alopecia. The orthopedic segment is further bifurcated into Arthritis, Chronic Tendinitis, and Bone Repair & Regeneration. The dermatology segment is growing at a rapid pace owing to the increase in the number of cosmetic procedures.

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Plasma Therapy Market by Source

Autologous
Allogenic
Based on Source, the market is bifurcated into Autologous and Allogenic. The autologous segment dominated the global plasma therapy market owing to the increasing prevalence of orthopedic disorders.

Plasma Therapy Market by Type

Pure PRP
Leukocyte-Rich PRP
Pure Platelet-Rich Fibrin
Leukocyte-Rich Fibrin
Based on Type, the market is bifurcated into Pure PRP, Leukocyte-Rich PRP, Pure Platelet-Rich Fibrin, and Leukocyte-Rich Fibrin. The pure PRP segment dominated the global plasma therapy market.

Plasma Therapy Market by Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Based on regional analysis, the Global Plasma Therapy Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America. The dominance of the North American region is credited to the presence of major players in the region.

Key Players

The “Global Plasma Therapy Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are:

1. Biolife Plasma Services
2. Cambryn Biologics LLC
3. Biotest
4. CSL Ltd.
5. Grifols International S.A.
6. Kedrion S.P.A.
7. LFB SA
8. Bio Product Laboratory Ltd. (BPL)
9. China Biologic Products, Inc.
10. Octapharma

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