Us Platelet and Plasma Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Platelet and Plasma Market was valued at USD 20.5 Billion in 2022 and is projected to reach USD 35.8 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The U.S. Platelet and Plasma Market is experiencing significant growth, driven by advancements in regenerative medicine and increasing applications across various medical fields. Platelet-rich plasma (PRP) therapy, a cornerstone of this market, has gained prominence for its efficacy in accelerating healing and tissue regeneration. **Market Overview** In 2022, the U.S. PRP market was valued at approximately USD 222.73 million and is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030. citeturn0search0 This growth is attributed to the increasing prevalence of chronic diseases, sports injuries, and the rising demand for cosmetic procedures. **Key Segments** - **Type**: The market is segmented into pure PRP and leukocyte-rich PRP. Pure PRP dominated the market with a revenue share of 51.8% in 2022, owing to its suitability for bone regeneration applications. citeturn0search0 - **Application**: Orthopedics held the largest share of 26.7% in 2022, driven by the effectiveness of PRP in treating musculoskeletal injuries and conditions. citeturn0search0 - **End-Use**: Hospitals accounted for the largest revenue share of 49.5% in 2022, reflecting their capacity to provide comprehensive PRP-based therapies. citeturn0search0 **Market Dynamics** - **Drivers**: The increasing incidence of sports injuries and the growing acceptance of PRP in cosmetic procedures are significant drivers. Notably, the World Anti-Doping Agency removed PRP from the prohibited substances list in 2011, leading to its widespread use among athletes. citeturn0search0 - **Challenges**: High costs associated with PRP products and limited insurance coverage pose challenges to market expansion. For instance, the Centers for Medicare & Medicaid Services (CMS) covers autologous PRP only for patients with chronic non-healing diabetic or venous wounds, or when enrolled in a clinical research study. citeturn0search0 **Regulatory Landscape** The U.S. Food and Drug Administration (FDA) has approved several PRP systems, such as the Platelet-Rich Plasma (PRP) Procedure Pack by Terumo BCT, Inc., bolstering confidence among healthcare providers and patients. citeturn0search5 **Future Outlook** The U.S. Platelet and Plasma Market is expected to continue its upward trajectory, with projections estimating a market size of USD 905 million by 2032, growing at a CAGR of 10.5% from 2023 to 2032. citeturn0search5 This growth is anticipated to be driven by technological advancements, increasing applications in regenerative medicine, and a rising number of clinical trials demonstrating the efficacy and safety of PRP therapy.
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America s Blood Centers
American Red Cross
American Association of Blood Banks
Blood Centers of America
Brazilian Red Cross
Canadian Red Cross
European Blood Alliance
French Red Cross
German Red Cross
Indian Red Cross
Italian Red Cross
Red Cross Society of China
Saudi Red Crescent Authority
South African Red Cross Society
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Platelet and Plasma Market
Platelet Concentrates
Plasma Products
Albumin Products
Surgical Use
Trauma Care
Chronic Diseases
Bone Marrow Disorders
Burn Treatment
Hospitals
Blood Banks
Clinical Laboratories
Ambulatory Surgical Centers
Human-Derived Products
Animal-Derived Products
Direct Sales
Online Sales
Distributors and Wholesalers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Platelet and Plasma Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Platelet and Plasma Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Platelet and Plasma Market, By Type
6. Global Platelet and Plasma Market, By Application
7. Global Platelet and Plasma Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Platelet and Plasma Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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