Platelet Rich Plasma Market Size, Trends and Forecast to 2022

The global platelet rich plasma market size was valued at USD 474.1 billion in 2021 and is poised to grow at a significant CAGR of 12.2% during the forecast period 2022-28. Platelet-rich plasma (PRP) is a therapeutic substance that stimulates healing and the release of biologically active chemicals by platelets in their natural state. Low quantities of platelet-rich plasma, on the other hand, tend to have negligible impact, but excessively high concentrations might have detrimental consequences for the tissue healing process. Even the absence of well-designed clinical studies has made it difficult to evaluate outcomes. As a result, continual R&D efforts are developing as a viable option for examining various bone replacement materials that have the ability to affect the overall results of platelet-rich plasma treatment.