Plasma Therapy Market Revenue To Witness Massive Upswing $1265.25 Mn By 2032

According to a report from Zion Market Research, the global Plasma Therapy Market was valued at USD 381.4 Million in 2023 and is projected to hit USD 1265.25 Million by 2032, with a compound annual growth rate (CAGR) of 12.7% during the forecast period 2024-2032.

Apparently, rise in demand for platelet rich plasma in healthcare sector is projected to create new growth avenues for plasma therapy market in years ahead. In addition to this, need for healing injuries caused due to physical activities as well as requirement for effectively treating cardiac muscle injuries is predicted to embellish expansion of plasma therapy industry in next seven years.

Apparently, convalescent plasma therapy was used across many countries for treating COVID-19 patients in case of emergencies as plasma contained large percentage of antibodies. Apart from this, a prominent rise in number of persons suffering from androgenic alopecia will amplify expansion of plasma therapy industry in upcoming years. Rise in number of arthritis patients is predicted to result in cumulative growth of plasma therapy business in years to come.

Dermatology Segment To Record Highest CAGR In 2024-2032

Growth of segment during assessment period can be credited to rise in number of skin ailments requiring plasma treatment for patients. In addition to this, development of new methods for treating skin disorders has transformed into massive demand for plasma therapy for treating skin diseases. With rise in plastic surgeries as well as cosmetic surgeries, there is massive demand for plasma treatment and this will further drive segmental growth in upcoming years.

Hospital & Clinics Segment To Majorly Steer Market Growth By 2032

Rise in construction of hospitals & clinics due to chronic ailments & pandemics such as COVID-19, Swine Flu, and Bird Flu will espouse tremendous growth in size of plasma therapy industry over coming decade. Moreover, increase in healthcare spending and surge in utility of platelet rich plasma products in clinics & hospitals is projected to help plasma therapy market accrue highest margin of profits in years ahead.

North American Market Growth To Scale Up Over Coming Seven Years

Elevation in growth of plasma therapy market in North America over 2024-2032 can be attributed to rise in awareness about blood donation among people as a result of regular blood donation camps held regularly at different  places each year in sub-continent. Apart from this,   rise in COVID-19 cases along with large number of deaths arising due to COVID-19 pandemic in the U.S. has enhanced application of plasma therapy in healthcare sector in the country, thereby spurring regional market trends.

Key players favorably impacting plasma therapy market revenue and included in report are LFB S.A., Cambryn Biologics LLC, Bio Products Laboratory Ltd., China Biologic Products, Inc., Grifols International S.A., Kedrion S.p.A., CSL Limited, BioLife Plasma Services, and Octapharma.

Browse the full “Plasma Therapy Market - By Source (Autologous And Allogenic), By End-User (Hospitals & Clinics And Research Institutes), By Application (Orthopedic, Dermatology, Cardiac Muscle Injury, Dental, And Nerve Injury), By Type (Pure PRP, Leukocyte-Rich Fibrin, Pure Platelet-Rich Fibrin, And Leukocyte-Rich Fibrin), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2023 – 2032.” Report at https://www.zionmarketresearch.com/report/plasma-therapy-market

The global Plasma Therapy Market is segmented as follows:

By End-User

• Hospitals & Clinics
• Research Institutes

By Source

• Autologous
• Allogenic

By Application

• Orthopedic
• Dermatology
• Cardiac Muscle Injury
• Dental
• Nerve Injury

By Type

• Pure PRP
• Leukocyte-Rich Fibrin
• Pure Platelet-Rich Fibrin
• Leukocyte-Rich Fibrin

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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