The demand for platelet rich plasma (PRP) in Europe is projected to surpass a valuation of US$ 80.3 million by 2033. The demand outlook for PRP therapy in Europe indicates a CAGR of 3.4% through 2033, with a current valuation of US$ 57.5 million in 2023.
Key Trends Behind the Growth Catapult through 2033
Attributes | Details |
---|---|
Industry size of Europe in 2023 | US$ 57.5 million |
Expected Industry Size of Europe in 2033 | US$ 80.3 million |
Forecasted CAGR between 2023 to 2033 | 3.4% |
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In 2023, the kits segment occupied 78% of shares in Europe platelet rich plasma (PRP). The portability of PRP kits is helpful from a strategic standpoint. Healthcare personnel can simply carry and use these kits in a variety of clinical settings, improving their adaptability and value.
Top Product | Kits |
---|---|
Value Share (2023) | 78% |
PRP kits are frequently packaged with training and teaching materials. This strategy shortens the learning curve for healthcare personnel, allowing for the successful deployment of PRP procedures. Due to their widespread acceptance and acknowledgment in the healthcare sector, PRP kits have gained domination. They have established the industry standard for PRP preparation, solidifying their position as the industry leader.
In 2023, the knee segment is likely to register 37.0% of shares. Knee-related medical disorders, such as osteoarthritis and ligament injuries, account for a significant portion of the healthcare industry due to their high frequency among Europe's aging population. A strategic emphasis on knee applications has emerged because of the increased need for effective treatment options.
Top Application | Knee |
---|---|
Value Share (2023) | 37.0% |
The prevalence of athletes and sports lovers in Europe's robust sports culture leads to a greater frequency of knee injuries. PRP treatment providers capitalize on this opportunity by providing an efficient and least intrusive solution for sports-related knee problems. Government healthcare systems in a few European countries have strategically recognized the benefits of PRP treatment for knee issues. Its strategic incorporation in treatment alternatives raises its demand.
The platet rich plasma (PRP) industry in the United Kingdom is expected to rise at a 2.10% CAGR from 2023 to 2033. The presence of a robust private healthcare industry in the United Kingdom makes it accessible for individuals to obtain PRP treatments through private clinics and practitioners, triggering the growth of PRP therapy.
Country | United Kingdom |
---|---|
Value CAGR (2023 to 2033) | 2.10% |
The growing preference among patients for non-surgical and minimally invasive therapies, along with a desire for speedier recovery and less downtime, coincides with the benefits of PRP therapy, boosting demand. Ongoing clinical research and studies on the therapeutic potential of PRP in numerous medical sectors have aided in its adoption in the United Kingdom. The availability of credible evidence encourages healthcare practitioners to give PRP therapies.
In 2023, Germany occupies a prominent place in platelet rich plasma (PRP) in Europe. Germany has a world-class reputation for orthopedic care and research, making it a crucial center for the use of PRP therapy, particularly in the treatment of orthopedic illnesses such as osteoarthritis, ligament injuries, and musculoskeletal disorders.
The country's aging demographics provide a strategic opportunity for PRP treatment as a viable and less invasive approach to address age-related health conditions, coinciding with the rising requirements of the older population. Germany's dedication to technical innovation in healthcare has led to improvements in more accurate PRP preparation procedures and delivery systems. Therefore, improving the overall quality and efficiency of PRP therapy increases its appeal.
The competitive environment in Europe for platelet rich plasma (PRP) is a dynamic and varied arena. Established leaders, such as healthcare conglomerates and regenerative medicine experts, dominate with significant resources and diverse PRP product portfolios.
Innovative startups add to the landscape by offering fresh methodologies and applications, challenging conventional approaches, and encouraging competitive innovation.
Recent Developments
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | US$ 57.5 million |
Projected Industry Size in 2033 | US$ 80.3 million |
Anticipated CAGR between 2023 to 2033 | 3.4% CAGR |
Historical Analysis of Demand for Platelet Rich Plasma (PRP) in Europe | 2018 to 2022 |
Demand Forecast for Platelet Rich Plasma (PRP) in Europe | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Electronic Skin Adoption in Europe, Insights on Global Players and their Industry Strategy in Europe, Ecosystem Analysis of Manufacturers |
Key Countries Analyzed While Studying Opportunities for Platelet Rich Plasma (PRP) in Europe | Germany, Italy, France, Spain, The United Kingdom, BENELUX, Rest of Europe |
Key Companies Profiled | Arthrex, Inc.; Stryker Corporation; Johnson and Johnson Ltd.; Zimmer Biomet Holdings Inc.; Terumo Corporation; Glofinn Oy; Medira Ltd.; Regen Lab S.A. |
The Europe platelet rich plasma (PRP) size is worth US$ 57.5 million in 2023.
Platelet rich plasma (PRP) in Europe is likely to record a 3.4% CAGR through 2033.
The industry share of Europe platelet rich plasma will be worth US$ 80.3 million by 2033.
Kits are gaining immense popularity in the Europe platelet rich plasma (PRP).
Market trends indicate that Germany will flourish in the coming years in Europe.
1. Executive Summary
1.1. Europe Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Instruments
5.3.2. Kits BY Type
5.3.2.1. Pure Platelet-Rich Plasma (P-PRP)
5.3.2.2. Leukocyte-Rich Platelet-Rich Plasma (L-PRP)
5.3.2.3. Leukocyte-Platelet-Rich Fibrin (L-PRF)
5.3.2.4. Pure Platelet-Rich Fibrin (P-PRF)
5.3.3. Kits BY Origin
5.3.3.1. Autologous Platelet-Rich Plasma
5.3.3.2. Homologus Platelet-Rich Plasma
5.3.3.3. Allogeneic Platelet-Rich Plasma
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Knee
6.3.2. Elbow
6.3.3. Foot and Ankle
6.3.4. Shoulder
6.3.5. CMF
6.3.6. Others
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. UK
7.3.2. France
7.3.3. Germany
7.3.4. Spain
7.3.5. Italy
7.3.6. Rest of Europe
7.4. Market Attractiveness Analysis By Region
8. UK Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.2. By Product Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Application
8.4. Key Takeaways
9. France Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.2. By Product Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Application
9.4. Key Takeaways
10. Germany Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.2. By Product Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.4. Key Takeaways
11. Spain Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.2. By Product Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.4. Key Takeaways
12. Italy Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.2. By Product Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Application
12.4. Key Takeaways
13. Rest of Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.2. By Product Type
13.2.3. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Application
13.4. Key Takeaways
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Arthrex, Inc.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Stryker Corporation
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Johnson and Johnsons Ltd
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Zimmer Biomet Holdings Inc.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Terumo Corporation
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Glofinn Oy
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Medira Ltd.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Regen Lab S.A.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. AdiStem Ltd.
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. EmCyte Corporation
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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