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Plasma Therapy Market - Forecast 2021 - 2026
Plasma Therapy Market Drivers are use of plasma therapy in treating dermatological ailments has readily aided market growth

BriefingWire.com, 2/15/2022 - [FURL=https://www.industryarc.com/Report/16727/plasma-therapy-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Plasma Therapy Market[/FURL] Plasma Therapy market size is estimated to reach $421.3 million by 2026 and is poised to grow at a CAGR of 12.4% over the forecast period of 2021-2026. Plasma has often been the most regarded part of the blood. More so often, its role is forgotten by the medical practitioner. Plasma contains about 55% of the human body and allows the transport of water, salts, and needful enzymes. The role of plasma is also to help in transferring nutrients, hormones, and even vital proteins. Antibodies, clotting factors, and platelet-rich fibrin are some of the additional factors through which plasma plays a vital role. The leucocyte-rich PRP is often obtained by using centrifugal machines.

Key Takeaways

Geographically, North America’s plasma therapy market held a dominant market share in the year 2020. It is owing to the region’s predominant position in rolling out effective treatment for various cosmetic and dermatology-related ailments. Additionally, the government’s favorable position for promoting such therapies has readily aided the market position. However, Asia-Pacific is set to grow at a lucrative pace. It is owing to the increase in the disposable incomes of individuals along with the rising trend for getting cosmetic surgery done.

The multi-purpose applications of plasma therapy have been a key factor driving the market. However, ineffectiveness in curing critical illnesses throughout the period of study has been a key market challenge.

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Plasma Therapy Market Segmentation Analysis - By Geography

The Plasma Therapy Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America’s plasma therapy market held a dominant market share of 38% as compared to the others. It is owing to the rising adoption of natural therapeutic treatments created from using plasma. Moreover, plasma therapy has been advertised as “all-natural” and “highly effective,” which has boosted consumer confidence. As of 2019 data, around 2.5 million people develop ulcers a year, and of which a third would need medical intervention. Lastly, the ongoing research for finding better substrates and low-cost centrifugal machines have helped the region gain market dominance.

Plasma Therapy Market Drivers

The use of plasma therapy in treating dermatological ailments has readily aided market growth

Sports injuries have readily aided the growth of the plasma therapy market

Plasma Therapy Industry Outlook

The top 10- Plasma Therapy market companies include Johnson & Johnson (DePuy Synthes), Zimmer Biomet, Stryker, EmCyte Corporation, Terumo BCT, Inc.; Arthrex, Inc., Dr. PRP America, Juventix, APEX Biologix, Celling Biosciences

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