Chicago, IL -- (SBWIRE) -- 07/12/2017 -- According to the report, "Platelet Rich Plasma (PRP) Market, by Product (Pure PRP, Leukocyte Rich PRP, Leukocyte Rich Fibrin), Application (Orthopedics, Cosmetic Surgery & Dermatology, Ophthalmic Surgery, Neurosurgery, General surgery) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for platelet rich plasma (PRP) is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.

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Platelet Rich Plasma (PRP) is derived from the red blood cells present in the human body. The major application of PRP is to fasten the healing process specifically in dentistry, ophthalmology, neurosurgery, orthopedics and dermatology treatments. PRP consists of several growth factors and cytokines that help in healing soft tissues and joints. It is a beneficial combination of high-end advanced technology and the natural healing process of the human body. The platelets obtained from centrifuging patient's blood cells are then injected in and around the operated area for faster recovery of the patient. There are no chances of infection or an allergic reaction to the patient as the treatment is done using body's own biological substance.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The Platelet Rich Plasma market is bound to grow in the future due to increase in the geriatric population and related orthopedic problems. There is a large chuck of population that suffers from accidents and fractures.

2. The increase in demand for faster and effective recovery is helping the PRP market to improve. Also, there is an increase in demand for better looks and appearance, because of which a large population is opting for cosmetic, dentistry and ophthalmology treatments.

3. In addition, the increase in awareness among the public is leading to a significant growth in the PRP market.

The Platelet Rich Plasma (PRP) market is divided into four major geographical segments which are North America, Europe, Asia-Pacific, and the Rest of the World. The North American market is dominating the PRP market contributing as the highest revenue generator. The increase in applications related to PRP is a major factor contributing towards the growth of the market. North America Region has the highest number of players in the PRP market. Asia-Pacific region is the second largest region contributing towards the revenue of the PRP market. It is witnessing an increase in number of people opting for cosmetic surgeries and willing to have a better appearance and enhanced facial features. Increase in medical tourism is also one of the factors that relate to the growth of the PRP market in the Asia-Pacific Region.

MARKET SEGMENTATION

This report analyzes the platelet rich plasma (PRP) market by the following segments:

Platelet Rich Plasma (PRP) Market, by Product
1. Pure PRP
2. Leukocyte Rich PRP
3. Leukocyte Rich Fibrin
Platelet Rich Plasma (PRP) Market, by Application
1. Orthopedics
2. Cosmetic Surgery & Dermatology
3. Ophthalmic Surgery
4. Neurosurgery
5. General surgery

KEY MARKET PLAYERS

Key players in the platelet rich plasma (PRP) market include:

1. T-Biotechnology
2. Arthrex, Inc.
3. Terumo BCT, Inc.
4. EmCyte Corporation
5. DePuy Synthes
6. Zimmer Biomet
7. Stryker
8. Glofinn OY
9. Dr. PRP America

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