Brazil Platelet Rich Plasma (prp) Market Size & Outlook
Brazil platelet rich plasma (prp) market, 2018-2030 (US$M)
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Brazil platelet rich plasma (prp) market highlights
- The Brazil platelet rich plasma (prp) market generated a revenue of USD 15.1 million in 2023 and is expected to reach USD 40.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, pure prp was the largest revenue generating type in 2023.
- Leukocyte Rich PRP is the most lucrative type segment registering the fastest growth during the forecast period.
Platelet rich plasma (prp) market data book summary
| Market revenue in 2023 | USD 15.1 million |
| Market revenue in 2030 | USD 40.2 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | Pure prp |
| Fastest growing segment | Leukocyte Rich PRP |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pure PRP, Leukocyte Rich PRP |
| Key market players worldwide | Johnson & Johnson, Arthrex, Terumo Corp, Zimmer Biomet Holdings Inc, Stryker Corp, EmCyte Corporation, Dr. PRP USA, Juventix Regenerative Medical, APEX Biologix, Celling Biosciences |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global platelet rich plasma (prp) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil platelet rich plasma (prp) market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 35.4 million by 2030.
Pure prp was the largest segment with a revenue share of 50.33% in 2023. Horizon Databook has segmented the Brazil platelet rich plasma (prp) market based on pure prp, leukocyte rich prp covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is one of the major healthcare markets in Latin America. The Brazil platelet-rich plasma market is expected to witness considerable growth in the coming years owing to the strong research base in the country. Researchers from various research and academic institutions in Brazil, such as Instituto de Estudos Avançados and the University of Campinas, are actively involved in analyzing the effectiveness of PRP treatment for various indications.
For instance, Brazilian scientists published a review in March 2020 regarding the potential of PRP treatment for cancer. This review discussed the perspectives, concerns, and possibilities of PRP applications in cancer treatment.
Researchers from Instituto de Estudos Avançados and Faculdade Integrada de Pernambuco demonstrated the effective application of platelet-rich plasma in tissue healing and regeneration. The same research highlighted the need for uniformity in protocols for better outcomes.
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Platelet Rich Plasma (PRP) Market Scope
Platelet Rich Plasma (PRP) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil platelet rich plasma (prp) market size, by type, 2018-2030 (US$M)
Brazil Platelet Rich Plasma (PRP) Market Outlook Share, 2023 & 2030 (US$M)
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