Plasma Therapy Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of thePlasma Therapy Market?
The plasma therapy market is expected to grow due to the rising cases of osteoarthritis. Platelet-rich plasma (PRP), a plasma therapy, helps treat osteoarthritis by reducing inflammation and slowing progression. A report from Elsevier projects a 74.9% rise in knee osteoarthritis cases globally by 2050. These growing cases of osteoarthritis are expected to boost the plasma therapy market.
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#What is the Projected CAGR for the Plasma Therapy Market Size from 2025 to 2034?
The plasma therapy market size has grown rapidly in recent years. It will grow from $0.49 billion in 2024 to $0.55 billion in 2025 at a compound annual growth rate (CAGR) of 11.4%. The growth is attributed to the rising prevalence of chronic diseases, increasing awareness of the benefits of plasma therapy, government support for plasma therapy, reimbursement coverage, increasing demand for minimally invasive procedures, the rise of personalized medicine, and an aging population.
The plasma therapy market is expected to see rapid growth, reaching $0.88 billion by 2029 with a CAGR of 12.5%. The growth is attributed to the increasing adoption of immunoglobulins, expanding applications, rising demand for treatments of rare diseases, and customized therapies. Key trends include the development of new plasma therapy techniques, biological manufacturing advancements, cell-free plasma therapies, telemedicine integration, and research into new applications.
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How Are Market Trends and Innovations Revolutionizing thePlasma Therapy Industry in Recent Times?
The plasma therapy market is seeing the introduction of innovative products such as the ESG-410 to meet evolving treatment needs. Olympus Corporation launched this next-generation electrosurgical generator in June 2023. It offers advanced treatment for bladder cancer and enlarged prostate, with enhanced capacitors for superior plasma stability and optimized ignition, improving treatment efficiency.
Who Are the Dominant Market Players Pushing the Boundaries of thePlasma Therapy Market?
Major companies operating in the plasma therapy market include 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 AG, Terumo BCT Inc., Pfizer Inc., Kedrion Biopharma, ADMA Biologics Inc., SK Plasma Co. Ltd., Kamada Ltd., Fusion HealthCare, LFB Plasma, Baxter International Inc., Bayer AG, GC Biopharma Corp, Hualan Biological Engineering Inc., Japan Blood Products Organization, PlasmaCare Inc., ProMetic Life Sciences Inc., Sanquin, Shanghai RAAS Blood Products Co. Ltd., Canadian Plasma Resources, B Positive Plasma, Proesis Biologics Inc.
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What Are the Core Segments of the Plasma Therapy Market, and How Do They Contribute to Growth?
The plasma therapy market covered in this report is segmented –
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 & Regeneration, Dermatology, Androgenic Alopecia, Plastic Surgery, Dental, Cardiac Muscle Injury, Other Applications
3) By End-Users: Hospitals & Clinics, Laboratories: Research Institutes
Subsegments:
1) By Pure PRP: High Concentration PRP, Low Concentration PRP
2) By Leukocyte-Rich PRP: PRP With White Blood Cells, PRP With Growth Factors
3) By Pure Platelet-rich Fibrin (PRF): Injectable PRF, Membrane PRF
4) By Leukocyte-rich Fibrin (L-PRF): L-PRF Clots, L-PRF Membranes
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What Regions Are Dominating the Plasma Therapy Market Growth?
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.
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