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The plasma therapy market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 11%, as per The Business Research Company’s market report!

Read More On The Plasma Therapy Market Report 2022 https://www.thebusinessresearchcompany.com/report/plasmas-therapy-global-market-report

The Plasma Therapy Market Size In 2022 And Forecast

The global plasma therapy market is expected to grow from $0.36 billion in 2021 to $0.40 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The plasma therapy market is expected to reach $0.61 billion in 2026 at a CAGR of 11.4%.

The plasma therapy market consists of revenues generated by the companies that are engaged in selling and manufacturing plasma therapy products and related services.

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Rise In The Prevalence Of Osteoarthritis Is Driving The Growth Of The Plasma Therapy Market

According to the Centres for Disease Control and Prevention (CDC), around 32.5 million people in the USA are suffering from osteoarthritis in 2019. Therefore, an increase in the prevalence of osteoarthritis is expected to drive the plasma therapy market.

Competitive Landscape And The Regional Analysis Of The Plasma Therapy Market

Major players in the plasma therapy market are Takeda Pharmaceutical Company Limited, Bio Products Laboratory Ltd., Arthrex, Inc., Biotest AG, China Biologic Products Holdings, Inc., DePuy Synthes Companies, CSL Limited, Grifols, S.A., Octapharma, and Terumo BCT Inc.

Additionally, as per TBRC’s research – North America was the largest region in the plasma therapy market in 2021 holding the largest market share and Middle East is expected to be the fastest-growing region in the forecast period.

The Plasma Therapy Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plasma therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the plasma therapy market.

Convalescent Plasma Therapy – A Key Trend In The Plasma Therapy Market

Convalescent plasma is the plasma extracted from individuals who have been cured of a particular viral infection, as they have antibodies that protect and make them immune to that particular organism. The convalescent plasma is transfused to the patient who is suffering from the viral infection to neutralize the viral infection and induce the active immune response to cure the infection. Convalescent plasma therapy is found to be a safe treatment to cure patients infected with the coronavirus. Moreover, this therapy was used to treat other viral infections such as Ebola, Dengue, and SARS- 1 but did not give the desired result.

Plasma Therapy Market Segmentation By The Business Research Company

1) By Type: Pure PRP, Leukocyte-Rich PRP, Pure Platelet-Rich Fibrin (PRF), Leukocyte-Rich Fibrin (L-PRF)

2) By Application: Orthopedics, Arthritis, Chronic Tendinitis, Bone Repair and Regeneration, Dermatology, Androgenic Alopecia, Plastic Surgery, Dental, Cardiac Muscle Injury, Others

3) By End-User: Hospitals and Clinics, Laboratories, Research Institutes

Here Are Some Reports Related To The Plasma Therapy Market –

Convalescent Plasma Therapy Global Market Report 2022

Blood And Blood Components Global Market Report 2022

Mycoplasma Testing Global Market Report 2022

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