Global PRP and PRF in the Cosmetics Market

Report ID : 1386 | Published : 2022-10-06 | Pages: | Format: PDF/EXCEL

The market size of the Global PRP and PRF in the Cosmetics Market in the year 2021 is valued at 162.47 million and is predicted to reach 475.58 million by the year 2030 at an 13% CAGR during the forecast period.

Skin treatment using PRP and PRF is becoming more popular. PRP therapy is employed in cosmetic procedures to lessen acne scars, improve complexion, eliminate deep creases, and perk up drooping skin. The elderly and middle-aged population are increasingly choosing plastic surgery to look attractive and youthful. Thus, it is anticipated that the market will grow throughout the forecast period as more people get aware of these surgeries. In recent years, minor and major biopharmaceutical businesses have relied more on contract research organisations (CROs) and other clinical service experts in supplying research services for their R&D operations. The global PRP and PRF development in the cosmetics market is influenced by changes in people's lifestyles in developing nations, rising per capita income, and increased awareness of personal grooming. By the end of the forecast period, the market is also anticipated to be driven by the outsourcing of stem cell studies. The PRP and PRF in the cosmetics market in many emerging economies have been driven by the rise in the young generation's interest in personal grooming.

Companies are considering capacity increases in preparation for the rapidly rising demand for various types of cosmetic applications, such as PRF for face rejuvenation. During the projection period, there is likely to be a rapid increase in demand for PRP & PRF facial therapy. After the COVID-19 pandemic peaked, people's purchasing power increased. As a result, businesses in the market are taking advantage of this opportunity to raise clinics' awareness of the advantages of PRP and PRF, thereby promoting their use.

 

Market Segmentation:

The PRP and PRF in the Cosmetics market are segmented on the type, origin, and cosmetic application. Based on type, the market is segmented into Pure-PRP, Leukocyte-rich PRP and Pure-PRF. Based on origin, the PRP and PRF in Cosmetics are segmented into Autologous, Allogeneic, Homologous and Others. Based on the cosmetic application, the PRP and PRF in Cosmetics are segmented into Skin Rejuvenation, Face Lift, Hair Application, Plastic Surgery, Scar-related Treatment and Others.

Based on type, the pure-PRP segment is accounted as a significant contributor to the PRP and PRF in the Cosmetics market.

Based on type, the market is segmented into Pure-PRP, Leukocyte-rich PRP and Pure-PRF. The pure-PRP category dominated the market. Pure PRP has concentrations of platelets and growth factors, which support skin renewal. Therefore, there is a rising need for pure PRP. In the upcoming years, it is anticipated that the industry will be driven by technological developments that enable pure PRP use in various applications and platelet-rich plasma. In addition, it is anticipated that cost-effectiveness and ease of production will soon drive the industry. Applications of leukocyte-rich PRP include improving bone regeneration, soft tissue repair, and wound healing.

The oncology segment witnessed growth at a rapid rate.

Based on the cosmetic application, the PRP and PRF in Cosmetics are segmented into Skin Rejuvenation, Face Lift, Hair Application, Plastic Surgery, Scar-related Treatment and Others. The skin rejuvenation segment dominated the market. The rise in the use of PRP therapies in cosmetic operations for face therapy and the rising number of cosmetic procedures all contribute to the demand for PRP and PRF cosmetic treatments, such as those for skin rejuvenation. Global demand for PRP therapies is increasing as the need for skin rejuvenation treatments increases.

The North American PRP and PRF in the Cosmetics market hold a significant regional revenue share.

The North American PRP and PRF in the Cosmetics market are expected to register the highest market share in revenue in the near future. The trend is likely to continue over the projection period due to the approval of new products, technological advancements, and an increase in PRP usage in the region's cosmetic operations. Increased government spending on health care and improvements in PRP & PRF in cosmetics is expected to drive the market in North America over the projected period. In addition, Europe is projected to grow in the global PRP and PRF in the Cosmetics market. The demand for PRP & PRF in the European cosmetics market is being driven by cosmetic operations and an increase in aesthetic surgery in the area. The well-established health care system in Europe, the increased popularity of platelet-rich plasma for hair therapy, the rise in general and cosmetic surgery rates, and the usage of injectable PRF for face rejuvenation all point to the region's market expansion.

Competitive Landscape

Some major key players in the PRP and PRF Cosmetics market are Stryker Corporation, Croma-Pharma GmbH, Zimmer Biomet, Isto Biologics, Exactech, Inc., EmCyte Corporation, Regen Lab, APEX Biologix and ThermoGenesis Holdings, Inc.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global PRP and PRF in Cosmetics Market Snapshot

Chapter 4. Global PRP and PRF in Cosmetics Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis

5.1. by Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Type:

5.2.1. Pure-PRP

5.2.2. Leukocyte-rich PRP

5.2.3. Pure-PRF

Chapter 6. Market Segmentation 2: by Origin Estimates & Trend Analysis

6.1. by Origin & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Origin:

6.2.1. Autologous

6.2.2. Allogeneic

6.2.3. Homologous

6.2.4. Others

Chapter 7. Market Segmentation 3: by Cosmetic Application Estimates & Trend Analysis

7.1. by Cosmetic Application & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Cosmetic Application:

7.2.1. Skin Rejuvenation

7.2.2. Face Lift

7.2.3. Hair Application

7.2.4. Plastic Surgery

7.2.5. Scar-related Treatment

7.2.6. Others

Chapter 8. PRP and PRF in Cosmetics Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America PRP and PRF in Cosmetics Market Revenue (US$ Million) Estimates and Forecasts by Type, 2022-2030

8.1.2. North America PRP and PRF in Cosmetics Market Revenue (US$ Million) Estimates and Forecasts by Origin, 2022-2030

8.1.3. North America PRP and PRF in Cosmetics Market revenue (US$ Million) by Cosmetic Application, 2022-2030

8.1.4. North America PRP and PRF in Cosmetics Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

8.2. Europe

8.2.1. Europe PRP and PRF in Cosmetics Market revenue (US$ Million) by Type, 2022-2030

8.2.2. Europe PRP and PRF in Cosmetics Market revenue (US$ Million) by Origin, 2022-2030

8.2.3. Europe PRP and PRF in Cosmetics Market revenue (US$ Million) by Cosmetic Application, 2022-2030

8.2.4. Europe PRP and PRF in Cosmetics Market revenue (US$ Million) by country, 2022-2030

8.3. Asia Pacific

8.3.1. Asia Pacific PRP and PRF in Cosmetics Market revenue (US$ Million) by Type, 2022-2030

8.3.2. Asia Pacific PRP and PRF in Cosmetics Market revenue (US$ Million) by Origin, 2022-2030

8.3.3. Asia-Pacific PRP and PRF in Cosmetics Market revenue (US$ Million) by Cosmetic Application, 2022-2030

8.3.4. Asia Pacific PRP and PRF in Cosmetics Market revenue (US$ Million) by country, 2022-2030

8.4. Latin America

8.4.1. Latin America PRP and PRF in Cosmetics Market revenue (US$ Million) by Type, 2022-2030

8.4.2. Latin America PRP and PRF in Cosmetics Market revenue (US$ Million) by Origin, 2022-2030

8.4.3. Latin America PRP and PRF in Cosmetics Market revenue (US$ Million) by Cosmetic Application, 2022-2030

8.4.4. Latin America PRP and PRF in Cosmetics Market revenue (US$ Million) by country, 2022-2030

8.5. Middle East & Africa

8.5.1. Middle East & Africa PRP and PRF in Cosmetics Market revenue (US$ Million) by Type, 2022-2030

8.5.2. Middle East & Africa PRP and PRF in Cosmetics Market revenue (US$ Million) by Origin, 2022-2030

8.5.3. Middle East & Africa PRP and PRF in Cosmetics Market revenue (US$ Million) by Cosmetic Application, 2022-2030

8.5.4. Middle East & Africa PRP and PRF in Cosmetics Market revenue (US$ Million) by country, 2022-2030

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Stryker Corporation

9.2.2. Croma-Pharma GmbH

9.2.3. Zimmer Biomet

9.2.4. Isto Biologics

9.2.5. Exactech, Inc.

9.2.6. EmCyte Corporation

9.2.7. Regen Lab

9.2.8. APEX Biologix

9.2.9. ThermoGenesis Holdings, Inc.

9.2.10. Other Prominent Players

By Type-

  • Pure-PRP
  • Leukocyte-rich PRP
  • Pure-PRF

By Origin-

  • Autologous
  • Allogeneic
  • Homologous
  • Others

By Cosmetic Application-

  • Skin Rejuvenation
  • Face Lift
  • Hair Application
  • Plastic Surgery
  • Scar-related Treatment
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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