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05-Feb-2021

Global Plasma Therapy Market Growth, Size, Trends, COVID-19 Impact Analysis, and Global Insights Analysis Report 2028

A new market study is released on Global Plasma Therapy Market with data Tables for historical and forecast years represented with Chats & Graphs spread through Pages with easy to understand detailed analysis. This report is delivered as the most relevant, unique, fair, and creditable global market research report to valuable customers and clients depending upon their specific business needs. It facilitates in adjusting the production depending on the conditions of demand which avoids wastage of goods. Market research reports like this Global Plasma Therapy Market surely helps to reduce business risk and failure. Major competitor strategies include but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. Research and analysis is carried out with one step or the combination of several steps depending upon the client need and the business requirements.

Global Plasma Therapy Market Statistical Overview Report 2021 gives an outstanding tool for market Survey, openings, and vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario by up-coming data on the basis of research execution and settled on basic choices for development and benefit. It gives data on Latest trends and advancements and sheds light on various sectors, limitations and advancements, and on the evolving structure of the market.

Global plasma therapy market is registering a healthy CAGR of 15.7% in the forecast period of 2019-2026. This rise in the market value can be attributed to the growth in the use of planet rich plasma for the treatment of various diseases that drives the growth of the industry and increasing incidents of sports injuries.

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Market Definition: Global Plasma Therapy Market

Blood plasma involves soft tissue healing autologous platelets, platelets and cytokines. It remains a standard method broadly used in specialties of orthopedics, dentistry, and dermatology. Plasma therapy is commonly used in wound healing, facial rejuvenation, and androgenetic alopecia. Plasma is focused on the physiological value up to three to five times and then vaccinated into the tissues.

Key Market Competitors:

Few of the major market competitors currently working in the global plasma therapy market are Arthrex, Inc., Bio Products Laboratory Ltd., Takeda Pharmaceutical Company Limited., Biotest AG., Cambryn Biologics, China Biologic Products Holdings, Inc., CSL Limited, DePuy Synthes, Grifols, S.A., Kedrion S.p.A., Octapharma, Regen Lab SA, Stryker, Telecris Indústria e Comércio Ltda., Baxter, Japanese Red Cross Society, Sanquin Oy, LFB SA, TERUMO BCT, INC., Chengdu Institute of Biology (CIB) among others.

Global Plasma Therapy Market By Type (Pure PRP, Leucocyte-Rich PRP, Pure Platelet-Rich Fibrin, Leukocyte-Rich Fibrin), Source (Autologous, Allogenic), Application (Orthopedics, Dermatology, Dental, Cardiac Muscle Injury, Nerve Injury, Others), End User (Hospitals & Clinics, Research Institutions), Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) – Industry Trends and Forecast to 2026

Market Drivers

  • Surging orthopedic diseases and sports injuries including arthritis, fosters the growth of the market
  • Growing demand for the usage of planet rich plasma for the treatment of numerous diseases, drives the growth of the market
  • Government initiatives for the development of plasma derived medicine, is the factor that drives the market growth
  • Rising awareness regarding the importance of blood donation, is the key drivers for this market
  • Increasing diseases including tetanus, rabies and hepatitis A&B is estimated to impact the market positively

Market Restraints

  • The cost associated with plasma therapy is quite high which, is likely to impede the market growth
  • Absence of responsiveness regarding platelet-rich therapy, hinders the growth of the market
  • Absence of compensation policies and strict regulatory policies, restraint the global market growth

 

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Table of Contents-Snapshot

– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source

 

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Key Developments in the Market:

  • In July 2019, Baxter International Inc. launched PrisMax in the U.S. for maximizing care for Critically Ill Patients. PrisMax is used to treat acute kidney injury (AKI) patients. Every year in the U.S., there are about five million AKI patients, and rates of AKI have been rising. This launch will benefit the company to increase its revenue.
  • In June 2018, LabCorp have been approved by the U.S. FDA to market a diagnostic test which will detect viruses in donated blood plasma utilized in preparing biological therapies. This technology provides a diversified alternative for the global biopharmaceutical sector to enhance plasma donor collection programs and the production of plasma protein therapies for a number of life-threatening conditions such as immune, cardio / pulmonary, bleeding, and neurological illnesses. This allowance by FDA to LabCorp will help the company in market growth and further expansion of the laboratory.

Competitive Analysis:

Global plasma therapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plasma therapy market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

About Data Bridge Market Research:

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Editor Details

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Last Updated: 05-Feb-2021