Platelet Rich Plasma Market (By Product: Leukocyte Rich PRP, Pure PRP, and Leukocyte Rich Fibrin: By Origin: Allogeneic PRP, Autologous PRP, and Homologous PRP; By Application: Cosmetic Surgery & Dermatology, Orthopedic Surgery, General Surgery, Ophthalmic Surgery, Neurosurgery, and Others) - Global Industry Analysis, Size, Share, Growth, Trends Analysis, Regional Outlook and Forecast 2023 - 2032

The global platelet rich plasma market was valued at USD 602.95 million in 2023 and is predicted to reach over USD 1,840.29 million by 2032, poised to grow at a compound annual growth rate (CAGR) of 13.2% during the forecast period 2023 to 2032.

Platelet Rich Plasma Market Size 2023 to 2032

To Access our Exclusive Data Intelligence Tool with 15000+ Database, Visit: Precedence Statistics

Key Takeaways

  • North America led the global market with the highest market share of 45% in 2022.
  • By Product, the Pure PRP segment has held the largest market share in 2022.
  • By Application, the orthopedics segment captured the biggest revenue share in 2022.
  • By Origin, the autologous platelet-rich plasma segment is estimated to hold the highest market share in 2022.

Platelet Rich Plasma Market in the U.S. 2023 To 2032

The U.S. platelet rich plasma market size was valued at USD 189.59 million in 2023 and is expected to reach USD 569.52 million by 2032, growing at a CAGR of 13% from 2023 to 2032.

U.S. Platelet Rich Plasma Market Size 2023 to 2032

Geographically, North America garnered major stake in the global platelet-rich plasma market as it is base of most significant players who are operating in the field of PRP market. North America and Europe are likely to lead the global market arena throughout the prediction period, mostly owed to the great occurrence of orthopedic disorders, upsurge in occurrence rates of rheumatology, intensification in the amount of sport wounds, and rush in acceptance of platelet-rich plasma therapy.

Asia Pacific is anticipated to record the rapid growth during upcoming years. Government bodies of emerging nations such as Mexico, India, and Brazil, are making enormous investments to create alertness concerning plasma therapy. PRP marketplace is expected to advance at a lucrative rate as it has the latent to support in delivering improved management of numerous orthopedic problems associated to wrist, elbow, shoulder, hip, back, knee, and ankle, which are on the upsurge in evolving regions.

Growth Factors

Platelet rich plasma (PRP) therapy has gathered substantial attention over the last few decades, primarily owed to its latent capability in regenerative medicine such as maxillofacial and oral surgery, veterinary and sports medicine. Platelets as a key component of the PRP, comprise above 1100 diverse proteins, with plentiful post-translational alterations, ensuing in above 1500 protein-based bioactive aspects. These aspects embrace growth factors, immune system messengers, enzymes and their inhibitors and other factors which can contribute in wound healing and tissue repair.

Intensifying elderly population and mounting pervasiveness of orthopedic circumstances are certain other influences pushing the growth of platelet rich plasma marketplace. As per data published by National Center for Biotechnology Information, more than 1.4 million people are identified with fractures associated to osteoporosis each year. Furthermore, intensifying alertness related to platelet rich plasma therapy for dental treatment is projected to augment the market development.

Platelet Rich Plasma Market Scope

Report Highlights Details
Growth Rate from 2023 to 2032 CAGR of 13.2%
Market Size in 2023 USD 602.95 Million
Market Size by 2032 USD 1,840.29 Million
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Product, Origin, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Zimmer Biomet, Arthrex, Inc., Harvest Technologies Corporation, Stryker Corporation, DePuy Synthes, Inc., Cesca Therapeutics, Inc., AdiStem Ltd., Exactech Inc., ISTO Biologics, Nuo Therapeutics


Product Insights

Among different product segment analyzed in this research report, pure PRP conquered the overall market in 2022. Pure PRP reduces red neutrophils and blood cells. Neutrophils and red blood cells, white blood cell, have no therapeutic effect, and also encompass inflammatory components, which may upsurge pain post treatment. Nevertheless, leukocyte-rich fibrin is anticipated to progress at the fastest growth rate during the estimate period. Leukocyte-rich fibrin offers enhanced healing response and suggestively decreased retrieval time.

Application Insights

Different applications covered in the market are cosmetic surgery, orthopedic surgery, neurosurgery, general surgery and others. Among all,in 2022, orthopedics application segment led the global PRP market. Osteoarthritis is the most dominant kind of arthritis, and it affects around 31 million Americans each year. Due to increasing elderly populace, occurrence of doctor-diagnosed arthritis is projected to upsurge suggestively during prediction period.

Cosmetic surgery segment is projected to advance at rapid pace within assessment period on account of intensification in the applications of platelet-rich plasma products in hair transplant and other cosmetic applications. Platelet-rich plasma therapy is witnessing a momentous growth in its acceptance and reception for arthritis treatment as it impedes inflammation, cuts the rate of progression of osteoarthritis, motivates the formation of new cartilage, and upsurges the production of natural lubricating joint fluid. In this way, it eases painful joint friction, and also encompasses proteins that modify a patient's pain receptors and decreases pain sensation. Thus, the above-mentioned factors are anticipated to accelerate the growth of the arthritis segment.

Origin Insights

Depending on origin, global platelet-rich plasma market has been categorized into autologous, allogeneic, and homologous platelet-rich plasma. The autologous platelet-rich plasma segment is expected to govern the global platelet-rich plasma market throughout the estimate period on account of purging of cost for the fees to be paid to blood donors and clinical scrutiny of blood-borne diseases.

Key Companies & Market Share Insights

Foremost companies in the global platelet-rich plasma market are engrossed on implementing collaboration and partnership tactics to augment their market stake. For example, in 2019, CollPlant, rehabilitated its special distribution contract with Arthrex for Vergenix STR, an injectable gel consists of cross-linked bioengineered recombinant human typeI collagen, rhCollagen, along with autologous platelet-rich plasma for tendinopathy treatment.

Certain prominent companies functioning in the Platelet Rich Plasma market are as follows:

  • Zimmer Biomet
  • Arthrex, Inc.
  • Harvest Technologies Corporation
  • Stryker Corporation
  • DePuy Synthes, Inc.
  • Cesca Therapeutics, Inc.
  • AdiStem Ltd.
  • Exactech Inc.
  • ISTO Biologics
  • Nuo Therapeutics

Segments Covered in the Report

This research report includes complete assessment of the market with the help of extensive qualitative and quantitative insights, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2020 to 2032. This report includes market segmentation and its revenue estimation by classifying it on the basis of product, origin, application and region as follows:

By Product

  • Leukocyte Rich PRP
  • Pure PRP
  • Leukocyte Rich Fibrin

By Origin

  • Allogeneic PRP
  • Autologous PRP
  • Homologous PRP

By Application

  • Cosmetic Surgery & Dermatology
  • Orthopedic Surgery
  • General Surgery
  • Ophthalmic Surgery
  • Neurosurgery
  • Other

Regional Outlook

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

Frequently Asked Questions

What is the current size of the global platelet rich plasma market?
The global platelet rich plasma market size was reached at USD 602.95 million in 2023 and is anticipated to hit over USD 1,840.29 million by 2032.
Which factor are driving the growth of platelet rich plasma market?
Rising elderly population and intensifying orthopedic conditions are probable to lift the growth of global platelet rich plasma market. Research and Development in drug delivery system for platelet-rich bioactive molecules is anticipated to propose profitable development prospects for companies operational in the global platelet-rich plasma market.
What is the CAGR of platelet rich plasma market?
The global platelet rich plasma market is growing at a CAGR of 13.2% between forecast period 2023 to 2032.
Which region is anticipated to record the rapid growth in the platelet rich plasma market?
The Asia Pacific is anticipated to record the rapid growth during upcoming years.
Which companies are operating in the platelet rich plasma market?
Foremost participants operational in the global platelet-rich plasma market are, Stryker Corporation, Arthrex, Inc., Zimmer Biomet Holdings Inc., Terumo Corporation, CollPlant, Glofinn Oy, Johnson and Johnsons Ltd., Medira Ltd., Estar Technologies Ltd., Regen Lab S.A., Generex Biotechnology Corporation and others.
Why platelet rich plasma?
Platelet rich plasma signifies a comparatively novel method in regenerative medicine. It is extracted from patient’s blood and comprises numerous growth factors and other essential biomolecules for wound curing. As there are numerous protocols for PRP formulating, it typically results with PRP generation with diverse amounts of bioactive substances, which eventually modify the concentration of wound curing. also be utilized to advance healing after surgery for certain injuries.


   USD 4900
   USD 3800
   USD 1900
   USD 1200
   USD 7500


No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client

Get a Sample