Report ID: SQMIG35H2056
Report ID:
SQMIG35H2056 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
122 |
Figures:
77
Due to the existence of top platelet-rich plasma therapy product manufacturers, active involvement of academic and research institutions in trying to cut research and development activities, rising public awareness of the benefits of platelet-rich plasma therapies, and support from regulatory bodies and the government to promote the use of PRP for medical purposes, North America held the largest market share for plasma therapy in 2021. The availability of highly skilled individuals and the region's well-developed healthcare infrastructure both drive market growth.
The market in Asia Pacific is expected to grow at the fastest CAGR, owing to high population density and the rising prevalence of chronic diseases. Huge market opportunities are being created by the expansion of healthcare facilities and government efforts to enhance public health. A major factor in the expansion of the regional market is the abundance of disease patients in the region. The market in Asia-Pacific is also growing as a result of an increase in investment by the key industry players in the region.
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REQUEST FREE CUSTOMIZATIONPlasma Therapy Market size was valued at USD 297.6 million in 2019 and is poised to grow from USD 339.26 million in 2023 to USD 967.78 million by 2031, growing at a CAGR of 14% in the forecast period (2024-2031).
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Report ID: SQMIG35H2056