The Insight Partners published latest research study on “Platelet Rich Plasma (PRP) Tubes Market Size, Share, Growth, Trends and Global Forecast to 2028 – COVID-19 Impact and Global Analysis by Usage (Skin Rejuvenation, Hair Restoration, Orthopedics, Surgical Oncology, Gynecology, and Others), Volume (Less than 5 ml, 6ml to 10 ml, and More than 10 ml), and End User (MedSpa, Dermatology Office, Hospitals & Healthcare Practice, Tricologist, and Others)”; the global platelet rich plasma (PRP) tubes market growth is impelled by rising number of cosmetic and aesthetic procedures and increasing cases of sports injuries. In platelet rich plasma (PRP) tubes market, the skin rejuvenation segment is anticipated to register the highest CAGR of 17.4% in the during the (2022-2028).
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Incorporation of Platelet-Rich Plasma (PRP) in Regenerative Medicine to Drive Market Growth During (2022-2028):
Regenerative medicine is a major part of the rapidly emerging biomedical research involving the development of new therapeutic strategies, resulting in significant medical advancements. The rising cases of people suffering from peripheral nerve injury (PNI) have become common, and the slow regeneration process of PNI leads to loss of nerve functions. In addition, research on the mechanism of peripheral nerve regeneration has accelerated significantly, and scholars are seeking different methods to enhance peripheral nerve regeneration. PRP therapy incorporates mainstream technologies for repairing and rejuvenating the damaged tissue caused due to injuries or chronic diseases. PRP injections have improved regenerative medicine treatment for wound healing and skin regeneration, cosmetic and plastic surgeries, and orthopedic procedures in the past few years. Evidence has shown that micro-needling and topical application, along with PRP, improves collagen production and skin tightening for vampire facials. According to the report titled “Combined micro needling with topical application of platelet-rich plasma versus micro-needling alone in the treatment of stria distensae” published in 2020, It has also emerged in application in skin pigmentation disorders and treating acne scars. In hair transplants, PRP can bind to growth factors and elevates the proliferation of human derma papilla cells leading to the formation and maintenance of hair follicles.
PRP contains a platelet concentrate. A high concentration of platelets can release various growth factors after activation that can promote the proliferation and differentiation of tissue cells, accelerating the tissue regeneration process. It is also widely used for hair regrowth. PRP therapy has also been utilized for musculoskeletal regeneration to heal sports and orthopedic-associated injuries. PRP-based treatments have proved to be beneficial in healing acute hamstring-associated injuries, as per the National Institute of Health (NIH) report.
Thus, PRP injections are gaining popularity for various conditions, from sports injuries to hair loss. PRP can be widely used in regenerative medicine owing to its tissue regeneration capability, which is likely to provide lucrative opportunities for the platelet-rich plasma (PRP) tube market in the coming years.
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Global Platelet-Rich Plasma (PRP) Tubes Market: Competitive Landscape and Key Developments
Cole Instruments Inc., Manso Medical Co Ltd, Lingen Precision Medical Products Co Ltd, Integrity PRP, Henso Medical (Hangzhou) Co Ltd, Emerging Medical Group Ltd, Juventix Regenerative Medical LLC, AdvaCare Pharma USA LLC, Bio-X, ProMed Solutions, and Advin Healthcare are among the leading companies operating in the platelet-rich plasma (PRP) tubes market.
In February 2020, EmCyteCo. acquired Cellmedix Holdings LLC, along with its Centrepid platelet concentrator system. This expanded the company’s product portfolio and improved its market presence.
Global Platelet-Rich Plasma (PRP) Tubes Market: Segmental Overview
Based on usage, the global platelet-rich plasma (PRP) tubes market is segmented into skin rejuvenation, hair restoration, orthopedics, surgical oncology, gynecology, and others. The market for the skin rejuvenation segment is subsegmented into scars, skin aging, acne, skin ulcers, and others. In 2021, the orthopedics segment held the largest market share. The market for the skin rejuvenation segment is expected to grow at the highest rate in the coming years, owing to its numerous applications.
Based on the volume, the global platelet-rich plasma (PRP) tubes market is segmented into less than 5 ml, 6ml to 10 ml, and more than 10 ml. In 2021, the more than 10ml segment held the largest share of the market by volume. In addition, the 6ml to 10 ml segment is expected to grow at the fastest rate during the coming years owing to the advantages of technologies.
By End User-Based Insights
The global platelet-rich plasma (PRP) tube market is segmented into therapy into medspa, dermatology office, hospitals & healthcare practices, trichologist, and others. In 2021, the hospitals & healthcare practice segment led the market for PRP, and the medspa segment is expected to retain its dominance during the forecast period.
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