Thailand Platelet Rich Plasma (prp) Market Size & Outlook
Related Markets
Thailand platelet rich plasma (prp) market highlights
- The Thailand platelet rich plasma (prp) market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 5.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 13% 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 2.5 million |
Market revenue in 2030 | USD 5.9 million |
Growth rate | 13% (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, Thailand accounted for 0.4% 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 Asia Pacific, India platelet rich plasma (prp) market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 90.7 million by 2030.
Pure prp was the largest segment with a revenue share of 48% in 2023. Horizon Databook has segmented the Thailand 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 Thailand, treating Achilles tendinitis, plantar fasciitis, chronic ankle pain, and similar conditions has become less challenging with the introduction of PRP injections. PRP has been demonstrated as an effective method for repairing injured areas in these conditions.
Typically, patients with plantar fasciitis, which is common among the elderly, receive initial treatments like physiotherapy, activity modification, weight management, and supportive devices like silicone insoles and appropriate footwear. However, if these initial approaches do not yield improvement, doctors may recommend PRP injections as an alternative treatment option, offering new opportunities for patients in Thailand.
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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 |
Thailand platelet rich plasma (prp) market size, by type, 2018-2030 (US$M)
Thailand Platelet Rich Plasma (PRP) Market Outlook Share, 2023 & 2030 (US$M)
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