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Asia-Pacific Plasma Therapy Market Growth to $214 Million by 2030 with 13.4% CAGR, Driven by Healthcare Advances and Aging Population

user image 2024-08-13
By: prajwal001
Posted in: Healthcare

Meticulous Research® reports that the Asia-Pacific plasma therapy market is projected to reach $214 million by 2030, growing at a CAGR of 13.4% from 2024 to 2030. This growth is fueled by increasing healthcare investment, a rising elderly population, and a high rate of accidents. The market benefits from supportive conferences and ongoing research into platelet-rich plasma (PRP) therapy, despite challenges from regulatory frameworks. Advancements in healthcare infrastructure and expanding PRP applications offer significant growth prospects.

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Key Players

Key market participants include Arthrex, Inc. (U.S.), DePuy Synthesis, Inc. (Johnson & Johnson) (U.S.), Global Stem Cells Group, Inc. (U.S.), Terumo Corporation (Japan), Regen Lab SA (Switzerland), Stryker Corporation (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Exactech Inc. (U.S.), Beijing Manson Technology Co., Ltd. (China), Alocuro (Australia), Takeda Pharmaceutical Company Limited (Japan), Grifols, S.A. (Spain), Octapharma AG (Switzerland), and CSL Limited (Australia).

Market Overview

The Asia-Pacific plasma therapy market is segmented by type (Pure PRP, Leukocyte-rich PRP, Pure Platelet-rich Fibrin, and Leukocyte and Platelet-rich Fibrin), application (Orthopedics, Dermatology & Cosmetology, etc.), end user (Hospitals, Clinics, Research Institutes), and country.

Pure PRP is anticipated to dominate the market due to its non-invasive approach and effectiveness in treating various conditions. The dermatology & cosmetology segment is expected to experience the highest growth rate, driven by rising cosmetic treatment demand and high incidence of skin and hair issues.

Hospitals and clinics are expected to be the largest users of PRP therapy, applying it for diverse medical and cosmetic treatments.

Regional Insights

Japan is forecasted to lead the market in 2024 due to heightened PRP therapy awareness, increased cosmetic procedures, and addressing rising infertility rates. The use of PRP in IVF treatments is expected to boost market growth in Japan.

These variants provide a diverse approach to presenting the same content, tailored to different aspects of the Asia-Pacific plasma therapy market.

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