Continuous R&D to Expand Therapeutic Use of Platelet-rich Plasma (PRP) in Regenerative Therapies Offer Profitable Opportunities to Platelet-rich…

stemadminSeptember 8, 2021Stem Cell ResearchNo comments

ALBANY, N.Y., Sept. 8, 2021 /PRNewswire/ -- Transparency Market Research: Clinical recommendations on the use of platelet-rich plasma (PRP) in various regenerative therapies have grown considerably, notably for tissue regeneration. PRP-derived products are emerging as a promising treatment for musculoskeletal diseases, spinal injuries, cosmetic surgeries, and pain management, propelling investments in the platelet-rich plasma market. The evaluation of autologous platelet-rich plasma has generated considerable interest among industry players engaged in orthopedics and stem cell research.

Advancements in preparation techniques have led to the advent of PRP injections that show clinical efficacy in chronic complex wound healing, skin care therapies, and musculoskeletal medicine. The near future will witness large clinical trials to establish the clinical outcomes of platelet-rich plasma derived growth factors, and will vastly shape the market structure, notes a study on the platelet rich plasma market. The global market is projected to reach US$ 811.34 Mn by 2030.

In recent months, the convalescent plasma therapy has risen in popularity in treating COVID-19 patients. However, its use is restricted to some subset of patients. Furthermore, the rapid administration of COVID-19 vaccines in various countries has weakened R&D on such therapies. Nonetheless, ongoing randomized controlled trials (RCTs) will explore the specific role of the convalescent plasma therapy in managing COVID-like outbreaks in the near future.

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Key Findings in Platelet-rich Plasma Market Study

Platelet-rich Plasma Market: Drivers

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Platelet-rich Plasma Market: Regional Growth Dynamics

Platelet-rich Plasma Market: Key Players

Some of the key players in the platelet-rich plasma market are DePuy Synthes Companies, Zimmer Biomet Holdings, Inc., ISTO Biologics, EmCyte Corporation, and Arthrex, Inc.

Global Platelet-rich Plasma Market: Segmentation

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