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 | No. of Pages: 138 | Category: Medical Device | Status: Published
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
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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
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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.
Strategic Insights
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
Frequently Asked Questions
The List of Companies – Global Cold Plasma Equipment Market
- Nordson Corporation
- Plasmatreat GmbH
- Adtec Healthcare
- Henniker Plasma
- Europlasma NV
- Tantec GmbH
- TheraDep Technologies, Inc.
- terraplasma medical GmbH
- Apyx Medical
- neoplas tools GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the cold plasma equipmentmarket.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global cold plasma equipmentmarket, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
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