Plasma Therapy Market Size Estimated to Reach $470.04 Million by 2025 Wall Street Call – Reported Times

Posted: Published on December 5th, 2020

This post was added by Alex Diaz-Granados

iCrowdNewswire Dec 3, 20207:01 PM ET

Plasma Therapy Marketsize is estimated to reach $470.04m by 2025, growing at a CAGR of 13.32% during the forecast period 2020-2025. Plasma is the yellowish liquid present in the blood, which carries the salts, enzymes and water. Plasma therapy is the method of treatment that is used for the healing of wounds, cardiac muscle injuries and others. In Plasma therapy, the plasma is injected to the patients tissues about 4-5 times to get that cured. The rising increase in the diseases over worldwide and an increase in demand of the plasma therapy are driving the market during the forecast period 2020-2025.

By Type- Segment Analysis

The global Plasma Therapy Market based on type has Pure PRP, Leukocyte-Rich PRP, Pure Platelet-Rich Fibrin, Leukocyte-Rich Fibrin. The Pure PRP segment registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2025. The segment is set to emerge owing to effective results in treatment by this type of therapy. Rising in funding for the health care and increased usage of PRP in the hospitals and other clinics is boosting the market. Pure Platelet-Rich segment is also set to have a healthy growth owing to increased usage and having antimicrobial effects.

Request for Sample of the Report @https://www.industryarc.com/pdfdownload.php?id=16727

Report Price: $ 4500 (Single User License)

By Application Segment Analysis

The Application segment of Plasma Therapy Market has Orthopedic, Dermatology, Cardiac Muscle Injury, Dental, Nerve Injury, and Others. The Dermatology segment, which is sub categorized into Androgenic Alopecia, Plastic Surgery registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2025. Increase in the dermatological disorders and development of new techniques to treat skin diseases is boosting the market in this segment. The Orthopedic segment, which is further segmented into Arthritis, Chronic Tendinitis, bone Repair & Regeneration is also set to have positive growth owing to the increased usage of plasma therapy in this segment.

By Geography Segment Analysis

By Geography, the global Plasma Therapy Market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America holds the dominant share in the year 2019 and set to have the fastest growth during the forecast period 2020-2025. The growth is owing to the increased research and developments made by the government and private sectors. The Asia-Pacific is also set to have a considerable growth owing to the increased population and increased awareness for blood donation. Increased number of hospitals and clinics and presence of advanced plasma therapies is boosting the market during the forecast period 2020-2025.

Drivers Plasma Therapy Market

Wide range of applications

The growing demand for plasma therapy in the surgery of orthopedic and other treatments is driving the market. Increased developments of plasma therapies for different types of diseases and increased blood donations are the factors that are boosting the market during the forecast period 2020-2025.

Talk to one of our sales representative about the full report by providing your details in the link below:

https://www.industryarc.com/support.php?id=16727

Challenges Plasma Therapy Market

High price of plasma therapy

The high cost of plasma therapy is challenging the market. Cost of extraction of plasma from blood and storage of extracted plasma are hindering the market

Plasma Therapy Industry outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Plasma Therapy Market. Key companies of this market are DePuy Synthes Companies, Bio Products Laboratory Ltd., Arthrex, Inc., Regen Lab USA LLC, Takeda Pharmaceutical Company Limited, China Biologic Products Holdings, Inc., Biotest AG, CSL Limited, Grifols, S.A., Octapharma, and others.

Acquisitions/Product Launches

In November 2018, Bio Products laboratory announces the launch of ALBUMINEX 5% and ALBUMINEX 25%, for the treatment of hypovolemia, ascites, hypoalbuminemia including from burns, acute nephrosis, acute respiratory distress syndrome (ARDS), and cardiopulmonary bypass.

In July 2019, Baxter International Inc. Launched PrisMax, which is used to treat the kidney injuries.

Key Takeaways

Geographically, North Americas Plasma Therapy Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the high demand.

Having a wide range of application for the treatment and increased awareness of blood donation is driving the market.

Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the plasma therapy Market report.

Plasma therapy is used in the treatment of the Covid-19 patients, by collecting the plasma from the recovered covid-19 patients and injecting that to the new patients.

Related Reports :

A. Orthopedic Oncology Market

https://www.industryarc.com/Report/16185/orthopedic-oncology-market.html

B. Cartilage Repair/ Cartilage Regeneration Market

https://www.industryarc.com/Report/16714/cartilage-repair-cartilage-regeneration-market.html

About IndustryARC:IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to[emailprotected]to discuss more about our consulting services.

Venkat Reddy Sales Director Email: [emailprotected] Website: https://www.industryarc.com Phone: (+1) 970-236-3677

Keywords:Plasma Therapy market, Plasma Therapy market size, Plasma Therapy industry, Plasma Therapy market share, Plasma Therapy top 10 companies, Plasma Therapy market report, Plasma Therapy industry outlook

See the original post:
Plasma Therapy Market Size Estimated to Reach $470.04 Million by 2025 Wall Street Call - Reported Times

Related Posts
This entry was posted in Cardiac Regeneration. Bookmark the permalink.

Comments are closed.