Global Platelet Rich Plasma Market: Trends and Forecasts up to 2023

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Global Platelet Rich Plasma Market: Trends and Forecasts up to 2023

INFINIUM GLOBAL RESEARCH


Global Platelet Rich Plasma Market: Trends and Forecast -2023

INTRODUCTION REPORT DESCRIPTION Platelet rich plasma is plasma with more platelets than what is typically found in blood. To develop a plasma rich platelet preparation, blood must first be drawn from a patient. The platelets are separated from other blood cells and their concentration is increased during a process called centrifugation, after that the increased concentration of platelets is combined with remaining blood. Platelet rich plasma has a strong effect in the early phase of healing. Furthermore, platelet rich plasma is used for ligament and tendon injuries, knee osteoarthritis, degenerative knee cartilage and chronic elbow necessities, muscle strain and tears. As per the report the global Platelet Rich Plasma market was worth USD 140 million and it reached USD 155.7 million in 2016. The global market is expected to grow at a CAGR of 12.5% over the forecast period of 2017 – 2023. This report estimates the market size of Platelet Rich Plasma in terms of value (USD Million) over the period of 2016 to 2023. The year 2016 are considered to be base years, and 2017 to 2023 is considered to be a forecast period. The market sizes for Platelet Rich Plasma by Source Type, by application and by regions are estimated in terms of value. This market research study provides detailed qualitative and quantitative analyses of the global Platelet Rich Plasma market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Platelet Rich Plasma. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific, Latin America, and, Rest of the World (RoW). The market size and forecasts are also given for these regions. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of Platelet Rich Plasma market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global Platelet Rich Plasma market that will impact the demand during the forecast period. The IGR2

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. SEGMENTATION AND RES EARCH SCOPE PLATELET RICH PLASMA MARKET SEGMENTATION

The report segments the global Platelet Rich Plasma market By Source Type, application, and region. On the basis of types the Platelet Rich Plasma market is segmented as Autologous, Homologous and others. Based on application, the market has been segmented into Orthopedic Surgery, Cosmetic Surgery, General Surgery, Neurosurgery, and, others. The global Platelet Rich Plasma market is analyzed covering the regions such as North America, Europe, Asia- Pacific, Latin America and Rest of the World.

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

RESEARCH METHODOLOGY METHODOLOGY

Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the platelet rich plasma market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. RESEARCH METHODOLOGY: AN OUTLINE

Primary Research

Secondary research

• Primary sources of the information and data include • Industry Experts/ consultants • Top level executives in the key market players • Subject matter experts • Academicians and research scholars

• Secondary sources of the information and data include • Company reports and publications • Government/institutional publications • Trade and associations’ journals • Databases • Websites and publications by research agencies • Others

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/ country managers 5. Vice President level executives. Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include • Company reports and publications • Government/institutional publications • Trade and associations’ journals • Databases such as WTO, OECD, Hoovers, Factiva, and World bank, among others. • Websites and publications by research agencies • Agency for Healthcare Research and Quality • American Academy of Orthopedic Surgeons • Health Data • NAHDO • The Cochrane Collaboration • Public Health England • Government of Canada Publications, 5

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

DATA COLLECTION MATR IX : RESEARCH METHODOLOGY: DATA COLLECTION MATRIX

Demand Side analysis

Global market size (Consumption)

Supply Side Analysis

Production +Import -Export

Data collection matrix explains the triangulation of the data collected to arrive at the market size of the global Platelet Rich Plasma market. The supply side analysis considers the production of Platelet Rich Plasma. The supply side analysis also takes into consideration the suppliers of raw materials, the manufacturers and other stakeholders involved into supply of the Platelet Rich Plasma. The demand side analysis considers the Product areas of the Platelet Rich Plasma market. In this approach the various industry players are considered. The country-wise sales values provide the data of consumption of Platelet Rich Plasma in the regional as well as global markets. Moreover, this approach helps analyze the future trends and the market size of the global as well as regional Platelet Rich Plasma market. RESEARCH APPROACHES The study on global Platelet Rich Plasma market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD Million. The research also covers the analysis of the various segments in the global Platelet Rich Plasma market. The estimates in the global Platelet Rich Plasma market are based on both bottom-up and top-down approaches. 6

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

RESEARCH APPROACHES- BOTTOM UP • •

Accumulation of the country level market size (sales value) Regional market size of Platelet Rich Plasma and its applications

• •

Segment revenue of the key players Country level market size by type and applications (sales value)

Identifying key players in the Platelet Rich Plasma market

• •

Accumulation of the regional/country market size (sales value) Global market size of product types and applications

In the bottom-up approach the revenues of the key players are determined and added to arrive at the country or regional market size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of Platelet Rich Plasma market. IGR- RESEARCH METHOD AND DATA TRIANGULATION

SECONDARY SOURCES.

PRIMARY SOURCES

• Industry Publications

of

end-use

• Industry news ‘ • Data sources • Agency for Healthcare Research and Quality

Infinium’s Data bank/Know how

• American Academy of Orthopedic Surgeons • HealthData

•C-level executives in the leading manufacturing companies of Platelet Rich Plasma •Product managers •Sales managers •Industry consultants •Distributors/Suppliers

• Others

• Annual Reports • Presentations • Company Websites

• Press Releases • News Articles • Journals

Primary Research

Secondary Research

• Paid Databases

Company Publications .

SUPPLY SIDE

• NAHDO • The Cochrane Collaboration

General. Publications

DEMAND SIDE

• Government Agencies’ Publications

•Top executives industries •Intermediaries

Data Triangulation and Information Sources

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

The market size of platelet rich plasma is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the platelet rich plasma market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the platelet rich plasma market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the platelet rich plasma market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of platelet rich plasma. With the help of primary interviews and secondary research the market size of platelet rich plasma is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of platelet rich plasma in the world market. EXECUTIVE SUMMARY GLOBAL PLATELET RICH PLASMA MARKET HIGHLIGHTS, (USD MILLION) The global platelet rich plasma market was worth USD 155.7 million in 2015 and it is projected to reach USD 3XX.1 million in 2023, expanding at a CAGR of 12.5% between 2017 and 2023. The global platelet rich plasma market is driven by the factors such as increasing incidences of orthopedic diseases and sports injuries, growing market for cosmetic surgeries and growing awareness about the PRP treatments. However, high cost of medical devices and issues pertaining quality control are the key restraining factors affecting the growth in this market over the forecast period. North America dominates the world platelet rich plasma market in terms of dollar share, while Asia- Pacific is anticipated to grow at the highest CAGR over the forecast period. The growth in the Asia-Pacific region is primarily driven by emerging economies such as India, China and Indonesia. Rapid development in healthcare infrastructure in these emerging economies is the key factor driving the growth in the Asia-Pacific region. North America is the largest revenue generating region and it is mainly driven by large scale production and consumption of Platelet Rich Plasma materials in the U.S. 8

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

Asia-Pacific is expected to growth at the highest CAGR of x.x% over the forecast period. Some of the key players in the global Platelet Rich Plasma market are Harvest Technologies Corporation, Arthrex, Inc., Zimmer Biomet, DePuy Synthes, Inc, Stryker Corporation, AdiStem Ltd., and Cesca Therapeutics, Inc.

GLOBAL PLATELET RICH PLASMA MARKET PROJECTION, 2015 – 2023 (USD MILLION)

2014

2015

2016

2017

2018

2019

2020

2021

Value

Platelet rich plasma market is expected to experience significant growth globally. The global market for platelet rich plasma is expected to grow at a CAGR 12.9% over the period of 2017 to 2023, emerging markets are expected to impact the growth rate over the forecast period.

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

GLOBAL PLATELET RICH PLASMA MARKET CAGR GROWTH BY REGIONS

x.x

x.x %

%

x.x

%

North America Latin America

x.x %

Europe Asia

Emerging markets of Asia-Pacific, Middle East and Latin America regions are expected to drive the growth in the world market. The Asia-Pacific region is expected to grow at a CAGR of x.x% over the forecast period, followed by Latin America and RoW regions growing at CAGRs x.x% and x.x% respectively over the period of 2017 – 2023.

DRO ANALYSIS DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Platelet Rich Plasma market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Platelet Rich Plasma market. Drivers refer to the factors that are expected to drive or boost the market size or demand for Platelet Rich Plasma. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Platelet Rich Plasma market both in short run and long run.

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

DRIVERS, RESTRAINTS AND OPPORTUNITIES IN GLOBAL PLATELET RICH PLASMA MARKET

D

• • •

Driver 1 Driver 2 Driver 3

R

• • •

Restraint 1 Restraint 2 Restraint 3

O

• •

Opportunity 1 Opportunity 2

Drivers

Restraints

Opportunities

IGR- GROWTH MATRIX ANALYSIS Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and application segment based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers  Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments 11

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size

 Safe Zone: Moderate growth and moderate market size.

GLOBAL PLATELET RICH PLASMA MARKET BY SOURCE TYPE, 2015 – 2023, GRWOTH TRENDS (USD MILLION)

CAGR- x%

CAGR- x%

CAGR- x%

type 1

type 2 2015

2016

Type 3 2021

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Global Platelet Rich Plasma Market: Trends and Forecast -2023

COMPANY PROFILES OVERVIEW CESCA THERAPEUTICS, INC CESCA THERAPEUT ICS, INC: CONTACT INFO

CESCA THERAPEUTICS, INC. Contact details Address: Tele: Fax: website

Key Features No. of Employees: No. of countries of operation: No. of SBUs/Subsidiaries:

CESCA THERAPEUTICS , INC: FINANCIAL INFO YTD Revenue Comparison revenue

3.35%

160

3.30%

158 156

12.5% 31.5%

3.25%

154

35.5%

3.20%

152

20.5%

150

3.15%

148

3.10%

146

Region 1

144 2014

region4

YTD Revenue Breakdown by Segment

Key Highlight 1: Sample text Sample text Sample text Sample text Sample text

Key Highlight 2: Sample text Sample text Sample text Sample text Sample text.

Key Highlight 3: Sample text Sample text, Sample text, Sample text, Sample text

12.5% 31.5%

35.5% 20.5%

Segment 1

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region3

2015

Key Highlights

13

Region2

3.05% 2013

Revenue by regions

YoY Growth in Revenue

162

Segment 2

Segment 3

Segment 4

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