Report : MENAT Platelet Rich Plasma (PRP) Tubes Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Usage (Skin Rejuvenation, Hair Restoration, Orthopedics, Surgical Oncology, Gynecology, and Others), End User (MedSpa, Dermatology Office, Hospitals and Healthcare Practice, Tricologist, and Others), and Volume (Less Than 5 ml, 6ml to 10 ml, and More Than 10 ml)
Rising Cosmetic and Aesthetic Procedures and Increasing Cases of Sports Injuries to Drive MENAT Platelet Rich Plasma Tubes Market During 2022–2028
According to our latest study on "MENAT Platelet Rich Plasma Tubes Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Usage, End User, and Volume". MENAT platelet rich plasma tubes market was valued at US$ 34.08 million in 2021 and is projected to reach US$ 99.28 million by 2028; it is estimated to grow at a CAGR of 16.6% from 2022 to 2028. The MENAT platelet rich plasma tubes market growth is primarily attributed to rising cosmetic and aesthetic procedures and increasing cases of sports injuries.
Platelet rich plasma tubes are vacuum sealed tubes that hold blood samples for platelet recovery. These tubes can also hold gel, buffy coat layer, or sodium citrate solution, which helps in the separation of platelet rich plasma and prevents blood clotting. Platelet-rich plasma (PRP) is a procedure intended for several noninvasive cosmetic skin treatments. The PRP in the aesthetic procedure involves improving skin texture; adding volume to the face, hands, and neck; treating fine lines and wrinkles around and below the eyes; minimizing wrinkles and lines around the mouth; and improving acne scars and stretch marks. The UAE medical aesthetics industry is growing due to an increasing number of patients (both local and international) opting for cosmetic and plastic surgery, growing medical tourism, and rising number of internationally trained industry professionals in the country resulting in MENAT platelet rich plasma tubes market growth.
In addition, Dubai is a medical tourism hotspot in the Middle East, accounting for 1.3 million medical tourists in 2021, as per the Wisconsin Economic Development Corporation 2022 report. In 2016, the Dubai Health Authority (DHA) announced its plan to launch the Dubai Health Experience Program. The program is the world's first comprehensive electronic medical tourism portal that offers medical packages that include health, travel, hospitality, and visa services. The medical packages also cover wellness, cosmetic, and orthopedic procedures and specialized medical tests. The growing medical tourism, along with a surge in medical packages, is supporting the growth of cosmetic and aesthetic procedures. As a result, the demand for PRP tubes is growing, which is driving the MENAT platelet rich plasma tubes market growth.
Saudi Arabia encourages all types of sports activities, as residents have ready access to various sporting facilities. A surge in participation in sports activities leads to associated sports injuries. According to the Saudi Journal of Sports Medicine report, the incidence of sports-related injuries among athletes in Jeddah reveals that 50% of injuries were associated with soccer and 34% with basketball in 2020. In addition, the Anterior Cruciate Ligament (ACL)-related sports injuries, one of the major knee ligaments, accounts for ~40% of all sports injuries in the UAE as per the estimates revealed by the Arab Health report. Furthermore, these injuries are approximately five times more common compared to any other country. Ankle injury is the most common injury in male soccer players of Saudi Arabia, particularly in Tabuk (located in the northwest part of Saudi Arabia), due to a lack of stretching and warm-up exercises and ankle brace support, and minimal information on injury prevention.
According to the Wentworth-Douglass 2022 report, platelet-rich plasma (PRP) injections can help stimulate the healing of a sports-related injury of athletes who underwent a minimally invasive procedure. A PRP treatment is performed by collecting the patient's blood with a blood centrifugation process (which separates plasma from the blood cells) and then injected back into the injured area. The higher level of plasma harvested in the injection comprises growth factors that stimulate faster healing and recovery of the injury. Therefore, the rising cases of sports injuries are increasing the demand for PRP therapy among athletes, which is driving the MENAT platelet rich plasma tubes market growth.
Manso Medical Co Ltd, Lingen Precision Medical Products Co Ltd, Integrity PRP, Henso Medical (Hangzhou) Co Ltd, Emerging Medical Group LLC, Juventix Regenerative Medical LLC, and AdvaCare Pharma USA LLC are among the leading companies operating in the MENAT platelet rich plasma tubes market.
MENAT Platelet-Rich Plasma (PRP) Tubes Market, by Region, 2021 (%)
Source: Business Market Insights Analysis
Based on usage, the MENAT platelet rich plasma tubes market is segmented into skin rejuvenation, hair restoration, orthopedics, surgical oncology, gynaecology, and others. Based on end user, the MENAT platelet rich plasma tubes market is segmented into medspa, dermatology office, hospitals, and healthcare practices, tricologist, and others. Based on volume, the market is segmented into less than 5ml, 6ml to 10ml, and more than 10ml. By region, the MENAT platelet rich plasma tubes market is segmented into the UAE, Saudi Arabia, South Africa, Algeria, Qatar, Morocco, Egypt, and the Rest of MENAT.
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