Market revenue in 2023 | USD 11.9 million |
Market revenue in 2030 | USD 35.4 million |
Growth rate | 16.8% (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 |
Pure prp was the largest segment with a revenue share of 50.42% in 2023. Horizon Databook has segmented the Mexico platelet rich plasma (prp) market based on pure prp, leukocyte rich prp covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, medical tourism in Mexico has significantly grown by offering an affordable alternative option for treatments of various conditions. Thus, a substantial number of manufacturers are focusing on the development of novel PRP treatments, driving Mexico's market. In addition, the country is home to several key service providers of PRP treatment, especially for hair loss treatment.
Thus, the cosmetics segment majorly contributes to Mexico's market. Major clinics in the country include R3 Stem Cell International, MexStemCells Clinic, and CHIPSA Hospital. These clinics offer GMP/GDP-certified procedures with fulfillment of quality requirements.
Furthermore, Medical Tourism Corporation is a medical tourism company that operates in Mexico. The company offers medical tourism services for platelet-rich plasma therapies in Mexico for international patients. Such companies are expected to support the country's medical tourism industry, leading to the growth of the PRP market.
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