Cold Plasma Equipment Market Size, Share | Report by 2027

Cold Plasma Equipment Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Regime (Atmospheric Cold Plasma Equipment and Low Pressure Cold Plasma Equipment); Application (Wound Healing, Blood Coagulation, Cancer Treatment, Dentistry, and Other Applications); and Geography

Publication Month : Oct 2020

  • Report Code : TIPRE00009263
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 138
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The cold plasma equipment marketwas valued at US$ 96.67 million in 2019 and is expected to grow at a CAGR of 15.7% from 2020 to 2027 to reach US$ 308.14 million by 2027.

Cold plasma is also called as non-thermal plasma and used in wide range of applications in various industries including medical, food and biomedical industries. It is a powerful tool which is used to provide antimicrobial treatment for foodstuffs and food packaging materials. The invention to develop the technology is to develop in-package decontamination. The cold plasma technology offers non-thermal treatment of foods post-packaging.The global cold plasma equipment market is being driven by factors such as rising use of cold plasma in medical treatment, increasing hospital acquired infections (HAI), and government initiatives for prevention of healthcare associated infections (HAIs). On the other hand, growing global healthcare industryis likely to offer significant opportunity for the growth of the global cold plasma equipment market during the forecast period.

Lucrative Regional Cold Plasma Equipment Markets


Lucrative Regional Cold Plasma Equipment Markets
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Market Insights

Rising use of cold plasma in medical treatment

Cold plasma is proved very effective in the biomedicine.Cold plasma is used in many medical treatments such as, wound healing, cancer, dermatology, atmospheric plasma on diabetes-induced enzyme glycation, oxidative stress, and inflammation, disinfection and scar treatment. Cold plasma's ability to kill bacteria, including the drug-resistant bacteria, to avoid further infection, helps in chronic wounds. This accelerates the process of wound healing and prevents further complications and the related discomforts. Although there are many other treatment methods for wound healing, it is expected that cold plasma therapy is one of the most effective ways. Plasma sources used in plasma medicine are typically "low temperature" plasma sources operated at atmospheric pressure. In this context, low temperature refers to temperatures similar to room temperature, usually slightly above. Increasing in cases of diabetes, wound and other inflammation, is growing the market.According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North Americawas approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period.

RegimeInsights

The cold plasma equipment market is bifurcated on basis of regime into low-pressure cold plasma, atmospheric cold plasma.Cold plasma (or non-equilibrium plasma) is the plasma in which the temperature of the constituents varies from one another.Cold plasma equipment therapy provides a new way to keep hospital patients safe from infections. In 2019, the atmospheric cold plasma equipment dominated the market by regime type contributing a significant share in the market. This attributes to the advantages offered by atmospheric plasma as it is a dry process, requires little energy and economic advantages offered over traditional processing techniques.

Global Cold Plasma Equipment Market, by Regime– 2019& 2027

Global Cold Plasma Equipment Market, by Regime– 2019& 2027
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Application Insights

The cold plasma equipment market, by application, is segmented into wound healing, blood coagulation, cancer treatment, dentistry and others. In 2019, the wound healingsegment captured the largest share in the global cold plasma equipment market by application. This owes to efficient results shown by cold plasma in treatment of chronic wounds leading to its rising adoption by healthcare professionals. The ability of cold plasma to disinfect, kill bacteria, prevent infection and accelerate wound recovery are some of the other factors dominating the growth of the segment. On the other hand, extensive research and development studies witnessing positing results for cold plasma as an effective treatment in cancer is likely to be responsible for cancer treatment to witness fastest growth in the cold plasma equipment market, by application.

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Cold Plasma Equipment Market: Strategic Insights

cold-plasma-equipment-market
Market Size Value inUS$ 96.67 Million in 2019
Market Size Value byUS$ 308.14 Million in 2027
Growth rateCAGR of 15.7% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Collaborations and partnerships and acquisitions by the operating players in the market with an aim to bridge the demand-supply gap is anticipated to play a major role in growth of the cold plasma equipment industry during the forecast period. Moreover, increasing adoption of advanced wound healing products to prevent surgical hemorrhage is predicted to accelerate the market growth in near future.

Report Spotlights

  • Progressive industry trends in the global cold plasma equipment market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the cold plasma equipment market from 2018 to 2027
  • Estimation of cold plasma equipment demand across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict marketgrowth
  • Recent developments to understand the competitive market scenario and cold plasma equipment’sdemand
  • Market trends and outlook coupled with factors driving and restraining the growth of the cold plasma equipment market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to cold plasma equipment market growth
  • Cold plasma equipment market size at various nodes of market
  • Detailed overview and segmentation of the global cold plasma equipment market, as well as its dynamics in the industry
  • Cold plasma equipment market size in various regions with promising growth opportunities

Cold Plasma Equipment Market– By Regime

  • Atmospheric Cold Plasma Equipment
  • Low Pressure Cold Plasma Equipment

Cold Plasma Equipment Market– By Application

  • Wound Healing
  • Blood Coagulation
  • Cancer Treatment
  • Dentistry
  • Others


Cold Plasma Equipment Market– By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South America

    • Brazil
    • Argentina
    • Rest of South America

Company Profiles

  • Nordson Corporation
  • Plasmatreat GmbH
  • Adtec Healthcare
  • Henniker Plasma
  • Europlasma NV
  • Tantec GmbH
  • TheraDep Technologies, Inc.
  • terraplasma medical GmbH
  • Apyx Medical
  • neoplas tools GmbH
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Regime ; Application ; and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoAPAC, RoE, RoMEA, RoSCAM, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the average cost of cold plasma equipment?

There are various types of cold plasma equipment available in the market priced within a range of US$ 20,000 to US$ 25,000 depending upon various factors such as usage, material composition, application areas, quantity and others.

What are the driving factors for the cold plasma equipment market across the globe?

The market is expected to grow due to increase in increasing use of cold plasma in medical treatment, increasing number of hospital-acquired infections (HAI) and development of new cancer therapies involving cold plasma technologies. However, lack of reimbursement for cold plasma equipment and adverse events exhibited by the use of cold plasma are likely to hamper the growth of the market.

What is cold plasma?

Cold plasma is also called as non-thermal plasma and used in wide range of applications in various industries including medical, food and biomedical industries. It is a powerful tool which is used to provide antimicrobial treatment for foodstuffs and food packaging materials. The invention to develop the technology is to develop in-package decontamination. The cold plasma technology offers non-thermal treatment of foods post-packaging.

The List of Companies – Global Cold Plasma Equipment Market

  1. Nordson Corporation
  2. Plasmatreat GmbH
  3. Adtec Healthcare
  4. Henniker Plasma
  5. Europlasma NV
  6. Tantec GmbH
  7. TheraDep Technologies, Inc.
  8. terraplasma medical GmbH
  9. Apyx Medical
  10. neoplas tools GmbH

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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