Plasma Therapy Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
Discover trends, market shifts, and competitive outlooks for the plasma therapy industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#What Are the Projected Market Size and Growth Rates for the Plasma Therapy Market From 2025 To 2029?#_x000D_
In the last few years, the plasma therapy market has seen impressive growth. It is projected to increase from $0.49 billion in 2024 to $0.55 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.4%. This substantial growth in the previous period can be credited to multiple factors such as the increasing incidence of chronic diseases, enhanced understanding of plasma therapy benefits, government backing for plasma therapy, reimbursement options for plasma therapy, growing preference for minimally invasive procedures, increasing demand for personalized medicine, and a rising geriatric population._x000D_
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Over the coming years, the plasma therapy market size is anticipated to experience swift expansion. Its growth is predicted to reach $0.88 billion in 2029 with a 12.5% compound annual growth rate (CAGR). The projected growth during this period can be credited to the growing acceptance of immunoglobulins, wider applications, increased demand for treatment of rare diseases and personalized therapies. Key trends in this forecast period encompass the advancement of new and better plasma therapy techniques, biological production, cell-free plasma therapies, integration of telemedicine, and exploration into new applications._x000D_
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#What External and Internal Drivers Are Contributing to the Growth of the Plasma Therapy Market?#_x000D_
The plasma therapy market is anticipated to gain momentum due to the escalating number of osteoarthritis incidents throughout the forecast period. It is widely recognized that Platelet-rich plasma (PRP), a plasma therapy modality, serves as a safe and effective remedy for osteoarthritis. Platelet-rich plasma (PRP) refers to a dense autologous blood growth factor administered via injection into the joint causing inflammation and slows down the advancement of osteoarthritis, consequently providing symptomatic alleviation. For example, a future increase in arthritis cases worldwide was projected by the Journal of Elsevier, a publishing company based in the Netherlands, in September 2023. By 2050, it is estimated that there will be a 74.9% (between 59.4% and 89.9%) growth in knee osteoarthritis cases, 48.6% (between 35.9% and 67.1%) in hand, 78.6% (between 57.7% and 105.3%) in hip, and 95.1% (between 68.1% and 135.0%) in other types of osteoarthritis. Autologous chondrocyte implantation and scaffold implants are among the primary therapies for osteoarthritis. Therefore, the increased prevalence of osteoarthritis will likely propel the plasma therapy market._x000D_
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#What Segment Types Define the Plasma Therapy Market Structure?#_x000D_
The plasma therapy market covered in this report is segmented –_x000D_
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1) By Type: Pure PRP, Leukocyte-rich PRP, Pure Platelet-rich Fibrin (PRF), Leukocyte-rich Fibrin (L-PRF)_x000D_
2) By Application: Orthopedics, Arthritis, Chronic Tendinitis, Bone Repair & Regeneration, Dermatology, Androgenic Alopecia, Plastic Surgery, Dental, Cardiac Muscle Injury, Other Applications_x000D_
3) By End-Users: Hospitals & Clinics, Laboratories: Research Institutes_x000D_
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Subsegments:_x000D_
1) By Pure PRP: High Concentration PRP, Low Concentration PRP_x000D_
2) By Leukocyte-Rich PRP: PRP With White Blood Cells, PRP With Growth Factors_x000D_
3) By Pure Platelet-rich Fibrin (PRF): Injectable PRF, Membrane PRF_x000D_
4) By Leukocyte-rich Fibrin (L-PRF): L-PRF Clots, L-PRF Membranes_x000D_
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#Which Geographic Areas Hold the Strongest Growth Potential in the Plasma Therapy Market?#_x000D_
The countries covered in the plasma therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada._x000D_
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#Which Emerging Trends that Are Influencing the Plasma Therapy Industry Evolution?#_x000D_
Leading firms in the plasma therapy market are unveiling cutting-edge products like the ESG-410 to address changing demands and augment treatment choices. The ESG-410, an Electrosurgical Generator, has been developed to offer options and efficiencies in the management of NMIBC (non-muscle-invasive bladder cancer) and benign prostatic hyperplasia. Olympus Corporation, a medical technology company from Japan, for instance, released the next-gen electrosurgical generator, the ESG-410, in June 2023. This is employed for the treatment of bladder cancer and enlarged prostate. It features an improved design with elements like enhanced capacitors that assure superior plasma consistency during ignition. The ESG-410 excels in rapid ignition and excellent plasma stability, making notable advancements over the ESG-400, specifically when used with various loop sizes and oval buttons. The ESG-410 Electrosurgical Generator delivers advanced NMIBC and BPH treatment options by providing a collection of resection loops, electrodes, and vaporization tools._x000D_
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#What Is the Definition of the Plasma Therapy Market?#_x000D_
Plasma therapy refers to a treatment that substitutes missing or inadequate proteins to help people live healthier and more fruitful lives. It introduces antibodies into individuals receiving therapy using blood donated by recovered patients._x000D_
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