Saudi Arabia Platelet Rich Plasma (prp) Market Size & Outlook
Related Markets
Saudi Arabia platelet rich plasma (prp) market highlights
- The Saudi Arabia platelet rich plasma (prp) market generated a revenue of USD 3.7 million in 2023 and is expected to reach USD 11.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 18% 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 3.7 million |
| Market revenue in 2030 | USD 11.6 million |
| Growth rate | 18% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, South Africa platelet rich plasma (prp) market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.5 million by 2030.
Pure prp was the largest segment with a revenue share of 51.35% in 2023. Horizon Databook has segmented the Saudi Arabia platelet rich plasma (prp) market based on pure prp, leukocyte rich prp covering the revenue growth of each sub-segment from 2018 to 2030.
Hair loss has been a long-standing concern for men, and it remains a prevalent issue in Saudi Arabia. Alopecia areata exhibits a higher prevalence in Saudi Arabia compared to Western countries, with an earlier age of onset.
This condition tends to affect males more than females, and the onset occurs at a relatively younger age in women. In response to the demand for effective hair loss solutions, PRP hair treatment has become a popular choice in major cities, such as Riyadh and Jeddah.
Saudi Arabia faces a significant health challenge, with one in every four Saudi adults with diabetes mellitus. Moreover, over 44% of individuals aged 55 years and older in the country suffer from long-term complications related to severe or uncontrolled diabetes.
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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 |
Saudi Arabia platelet rich plasma (prp) market size, by type, 2018-2030 (US$M)
Saudi Arabia Platelet Rich Plasma (PRP) Market Outlook Share, 2023 & 2030 (US$M)
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