Global Placenta Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Placenta Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Placenta is the vascular organ in most mammals that connects the fetus to the uterus of the mother. It mediates the metabolic exchanges of the developing individual through an intimate association of embryonic tissues and of specific uterine tissues, which serve the functions of respiration, nutrition, and excretion. Placenta is also used as an extract source of ingredients in various consumer products such as cosmetics, hair care products, health products, medicines and other products. In this Global Placenta Market, related products made with placenta are our research scope.

Market Overview:

The latest research study on the global Placenta market finds that the global Placenta market reached a value of USD 67.76 million in 2022. It’s expected that the market will achieve USD 137.05 million by 2028, exhibiting a CAGR of 12.46% during the forecast period.

Threat of new entrants

Profitable industries that yield high returns will attract new firms. New entrants eventually will decrease profitability for other firms in the industry. Unless the entry of new firms can be made more difficult by incumbents, abnormal profitability will fall towards zero (perfect competition), which is the minimum level of profitability required to keep an industry in business.

Threat of new entrants

Profitable industries that yield high returns will attract new firms. New entrants eventually will decrease profitability for other firms in the industry. Unless the entry of new firms can be made more difficult by incumbents, abnormal profitability will fall towards zero (perfect competition), which is the minimum level of profitability required to keep an industry in business.

Threat of rivalry

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made.

Region Overview:

From 2022-2027, USA is estimated to witness robust growth prospects

Company Overview:

MiMedx Group, Inc. is one of the major players operating in the Placenta market, holding a share of 29.5% in 2020.

MiMedx Group Inc.

MiMedx Group Inc. operates as a medical device company. The Company focuses on biomaterials for soft tissue repair, such as tendons, ligaments, and cartilage, as well as other biomaterial-based products for other medical applications. MiMedx Group serves the medical industry worldwide.

Japan Bio Products Co. Ltd.

Japan Bio Products was created in 1954 in Tokyo, Japan. They mainly manufacture placental extracts based ethical drugs. Their medicines are used to support liver functions in chronic liver diseases. The various substances contained in placenta (Hepatocyte growth factors, cytokines, amino acids, proteins...) make wonders to speed up the regeneration of a damaged liver and help it recover its functions.

Application Overview:

By application, the Pharmaceutical segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Placenta market covered in Chapter 3:

Placenta Plus
Atlanta Placenta
Japan Bio Products Co. Ltd.
Japan Natural Laboratories Co. Ltd
MiMedx Group, Inc.
Brooklyn Placenta Services

In Chapter 4 and Chapter 14.2, on the basis of types, the Placenta market from 2018 to 2029 is primarily split into:

Porcine
Equine
Ovine

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Placenta market from 2018 to 2029 covers:

Pharmaceutical
Cosmetics
Supplements

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)