Mexico Platelet Rich Plasma (prp) Market Size & Outlook
Related Markets
Mexico platelet rich plasma (prp) market highlights
- The Mexico platelet rich plasma (prp) market generated a revenue of USD 11.9 million in 2023 and is expected to reach USD 35.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 16.8% 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 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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% 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 50.42% 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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Platelet Rich Plasma (PRP) Market Scope
Platelet Rich Plasma (PRP) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Celling Biosciences | View profile | - | - | |
| APEX Biologix | View profile | 11-50 | Murray, Utah, United States, North America | https://apexbiologix.com |
| Juventix Regenerative Medical | View profile | 11-50 | Tampa, Florida, United States, North America | https://juventix.com/ |
| Dr. PRP USA | View profile | 11-50 | Stafford, Texas, United States, North America | https://www.drprpusa.com |
| EmCyte Corporation | View profile | 11-50 | Fort Myers, Florida, United States, North America | https://emcyte.com/ |
| Arthrex | View profile | 5001-10000 | Naples, Florida, United States, North America | https://www.arthrex.com/ |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Mexico platelet rich plasma (prp) market size, by type, 2018-2030 (US$M)
Mexico Platelet Rich Plasma (PRP) Market Outlook Share, 2023 & 2030 (US$M)
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