Global PRP market to grow at 12.5% CAGR till 2024: 4 observations

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The global platelet rich plasma market is expected to grow at a compound annual growth rate of 12.5 percent through 2024, according to a Transparency Market Research report.

Here are four observations:

 

1. In 2015, the market was valued at $160 million.

 

2. The market is expected to be worth $451.9 million by 2024.

 

3. The pure-platelet rich plasma segment accounted for more than 60 percent of the market.

 

4. Key market players include:

 

• AdiStem in Australia
• Arthrex in Naples, Fla.
• Zimmer Biomet in Warsaw, Ind.
• Cesca Therapeutics in Rancho Cordova, Calif.
• DePuy Synthes in West Chester, Pa.
• EmCyte Corp. in Fort Myers, Fla.
• Exactech in Gainesville, Fla.
• Harvest Technologies Corp. in Plymouth, Mass.
• Nuo Therapeutics in Gaithersburg, Md.
• Regen Lab in Le Mont-sur-Lausanne, Switzerland
• Stryker Corp. in Kalamazoo, Mich.

 

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