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    Human Platelet Lysate Market Report

    Human Platelet Lysate Market Report
    Report code - SR1497 Delivery - 2 Weeks
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    Human Platelet Lysate Market Trends, Dynamcis & Market Insights
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    Market Insights

    The Human Platelet Lysate Market is estimated to grow from USD 48.2 million in 2020 to USD 59.8 million by 2026 at a healthy CAGR of 3.7% during the forecast period.

    Figure: Human Platelet Lysate Market Size, 2020-2026 (USD Million)

    Human-Platelet-Lysate-Market-Forecast

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    What are human platelet lysate?

    Human Platelet Lysate (HPL) is a non-animal derived cell culture growth supplement which is obtained from blood platelets after freezing and thawing. It contains abundant factors and cytokines required for cell growth and proliferation. Platelet lysate can be utilized as a source of growth for replacing bovine serum in a cell culture medium.

    Key Players

    Key players operating in the human platelet lysate market are-

    • Merck KGaA (Germany)
    • Compass Biomedical Inc. (US)
    • Macopharma SA (France)
    • Mill Creek Life Sciences Llc.
    • Stemcell Technologies Inc. (Canada)
    • Zen-Bio, Inc.
    • Sclavo Diagnostics International Srl. (Italy)
    • Life Science Group Limited (Life Science Production) (India)
    • Trinova Biochem Gmbh (Germany)

    Market Dynamics

    Growing emphasis on funding & rise in research centers, government regulations, clinical and staff efficiency, product innovation, and user acceptance are some of the key driving factors propelling the growth of the human platelet lysate market during the review period. Also, rising awareness levels of blood donation coupled with increasing adoption of advanced blood collection & processing technology in developing countries is also anticipated to augment the human platelet lysate market growth.

    Segments' Analysis

    Application Trends

    Based on application, the market has been bifurcated into research use and clinical use. The research use segment accounted for a substantial market share in 2020. The evolution of human platelet lysates has bolstered various experimental and clinical research studies. Also, growing government funding for life science-related projects and an increasing number of research centers and research institutes boost the segment growth.

    Regional Trends

    The market in North America accounted for the largest share in 2020 and is projected to continue its dominance during the review period. This is mainly attributed to the strong presence of well-developed healthcare infrastructure and favorable government initiatives. Moreover, rising innovations in technologically advanced products, immense per capita health expenditures, increasing numbers of chronic patients, which further proliferate the regional growth.

    COVID-19 Impact on Human Platelet Lysate Market

    The COVID-19 outbreak moderately affected the growth of the human platelet lysate market. Rising cases of coronavirus across the globe put a heavy strain on the healthcare sector. As the medical community is treating the infected patients, the research related to human platelet lysate was moderately impacted, thus resulting in fewer visits to clinics.

    • What are the key trends in the global Human Platelet Lysate market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Human Platelet Lysate market?
    • What are the key strategies adopted by the major vendors to lead in the Human Platelet Lysate market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the human platelet lysate market hopes to have the greatest opportunity to convert-

    • Human Platelet Lysate distributors
    • Human Platelet Lysate suppliers
    • Human Platelet Lysate manufacturers
    • Hospitals
    • Government bodies

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    Frequently Asked Questions (FAQs)

    The human platelet lysate market is expected to witness an impressive growth of 3.7% CAGR in the coming years.

    Merck KGaA (Germany), Compass Biomedical Inc. (US), Macopharma SA (France), Mill Creek Life Sciences Llc., Stemcell Technologies Inc. (Canada), Zen-Bio, Inc., Sclavo Diagnostics Interna-tional Srl. (Italy), Life Science Group Limited (Life Science Production) (India), and Trinova Bio-chem Gmbh (Germany) are among the key players in the human platelet lysate market.

    The human platelet lysate market size is expected to reach USD 59.8 million in the foreseeable future.

    The research use segment accounted for a substantial share in the human platelet lysate market in 2020.

    North America is expected to remain dominant in the human platelet lysate market in the next five years.

    Human Platelet Lysate distributors, Human Platelet Lysate suppliers, Human Platelet Lysate manufacturers, Hospitals, Government bodies are the target audience in the human platelet lysate market.

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