Cold Plasma Market Size, Share, Growth Analysis Report By Regime (Low-Pressure Cold Plasma, Atmospheric Cold Plasma), By Application (Wound Healing, Blood Coagulation, Cancer Treatment, Dentistry, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Linde AG
- Nordson Corporation
- ADTEC Plasma Technology Co.Ltd.
- Others
Reports Description
The size of the global Cold Plasma market was worth around USD 1.7 billion in 2021 and is predicted to grow to around USD 4.56 billion by 2030 with a compound annual growth rate (CAGR) of roughly 14.5% between 2022 and 2030. The report analyses the Cold Plasma market’s drivers and restraints and the impact they have on demand throughout the projection period. In addition, the report examines global opportunities in the global Cold Plasma market.
Cold Plasma Market: Overview
Cold Plasma, also known as non-thermal plasma, is a classification of plasma and is considered the fourth state of matter. It has many uses in biotechnology, medicine and treatment. Due to its antibacterial and bactericidal properties, Cold Plasma is used for biomedical surface sterilization, biological tissue treatment, and surface modification of biomedical devices and materials.
Cold Plasma consumes less water and energy, has less fiber damage, is less flammable, has lower chemical utilization, has the better-wet ability, is less costly, is easier to use, and much more. There are advantages. Cold Plasma treatment is known to be a non-contact, painless method of sterilizing wounds and promoting wound healing. The cost is equal to or less than standard antibacterial wound treatment.
Cold Plasma Market: COVID–19 Impact Analysis
The increasing number of COVID patients associated with such treatment shows promising results for their treatment. Cold Plasma therapy is also being promoted as a viable treatment for ongoing COVID-19 outbreaks. This type of treatment is becoming more popular because it can help treat coronaviruses. The United States, China, Turkey, Spain, and the United Kingdom are just a few countries studying this type of treatment to combat the global COVID-19 epidemic.
Cold Plasma Market: Growth Drivers
A key factor expected to drive the growth of the Cold Plasma market during the forecast period is the benefits of Cold Plasma technology. In addition, food safety concerns are expected to further drive the growth of the Cold Plasma market. In addition, the invention of textile products should further slow down the growth of the Cold Plasma market. Meanwhile, increased capital investment is projected to further impede growth in the Cold Plasma market on schedule.
Increasing the effectiveness of Cold Plasma in developing treatments for a variety of cancers such as lung, breast, bladder and skin cancers is expected to offer significant opportunities for market players during the forecast period. Numerous in vitro and in vivo studies have confirmed that Cold Plasma techniques can be used to selectively kill cancer cells. The main features that have driven the use of Cold Plasma in the treatment of cancer are plasma-induced apoptosis and reduced cell migration rates. This helps locate affected tissue areas and reduces the risk of cancerous metastases.
Cold Plasma Market: Segmentation Analysis
Based on the regime, the market is divided into atmospheric pressure and low-pressure Cold Plasma. Cold Plasma in the atmosphere has historically the largest market share and is also expected to witness the fastest growth during the forecast period. Cold Atmospheric Plasma (CAP) is an innovative medical technology with a wide range of healthcare applications, including B. Infection control, wound healing and burn treatment. It is also used in a variety of surgical and non-surgical procedures.
The wound healing segment had the largest market share in 2021. The ability of Cold Plasma to kill bacteria, including drug-resistant bacteria, and prevent further infections helps treat chronic wounds. It accelerates the wound healing process and eliminates the discomfort associated with further complications. There are many other treatments for wound healing, but Cold Plasma treatment is expected to be one of the effective methods. This is expected to further drive the segment.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 1.7 Billion |
Projected Market Size in 2030 | USD 4.56 Billion |
CAGR Growth Rate | 14.5% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Prominent Players | Linde AG, Nordson Corporation, ADTEC Plasma Technology Co.Ltd., Bovie Medical Corporation, Europlasma NV, and Others |
Key Segment | By Regime, Application, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Insights:
- As per the analysis shared by our research analyst, the Cold Plasma market is estimated to grow annually at a CAGR of around 14.5% over the forecast period (2022-2030).
- In Terms Of Revenue, The Cold Plasma market size was valued at around USD 1.7 billion in 2021 and is projected to reach USD 4.56 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on regime segmentation, the atmospheric pressure regimen is predicted to show maximum market share in the year 2021
- On the basis of region, the “North America” region was the leading revenue generator in 2021.
Recent Development
In November 2021, the NOVOPLASM collaboration announced that it was the “first in the world” to develop this technique for the treatment of infectious burns and wound healing after skin grafts. Therefore, this technology announcement by key players is driving the growth of the market.
Regional Landscape
North America dominates the Cold Plasma market with the emergence of major companies. In addition, the increased adoption of technologically advanced products will further drive the growth of the regional Cold Plasma market during the forecast period.
In the APAC region, the Cold Plasma market is expected to grow significantly due to constant changes in electronics manufacturing. In addition, increasing demand for decontaminated frozen foods and the expansion of textile manufacturing facilities are expected to further drive the growth of the Cold Plasma market in the region over the next few years.
Competitive Landscape
The study includes an in-depth competitive analysis of these key players in Cold Plasma with their company profiles, recent developments, and key market strategies.
The global Cold Plasma market is segmented as follows:
By Regime
- Low-Pressure Cold Plasma
- Atmospheric Cold Plasma
By Application
- Wound Healing
- Blood Coagulation
- Cancer Treatment
- Dentistry
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Cold Plasma Market, (2022 – 2030) (USD Billion)
- 2.2 Global Cold Plasma Market: snapshot
- Chapter 3. Global Cold Plasma Market – Industry Analysis
- 3.1 Cold Plasma Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Benefits of Cold Plasma technology
- 3.2.2 Driver 2
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Regime
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Cold Plasma Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cold Plasma Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cold Plasma Market – Regime Analysis
- 5.1 Global Cold Plasma Market overview: By Regime
- 5.1.1 Global Cold Plasma Market share, By Regime, 2021 and 2030
- 5.2 Low-Pressure Cold Plasma
- 5.2.1 Global Cold Plasma Market by Low-Pressure Cold Plasma, 2022 – 2030 (USD Billion)
- 5.3 Atmospheric Cold Plasma
- 5.3.1 Global Cold Plasma Market by Atmospheric Cold Plasma, 2022 – 2030 (USD Billion)
- 5.1 Global Cold Plasma Market overview: By Regime
- Chapter 6. Global Cold Plasma Market – Application Analysis
- 6.1 Global Cold Plasma Market overview: By Application
- 6.1.1 Global Cold Plasma Market share, By Application, 2021 and 2030
- 6.2 Wound Healing
- 6.2.1 Global Cold Plasma Market by Wound Healing, 2022 – 2030 (USD Billion)
- 6.3 Blood Coagulation
- 6.3.1 Global Cold Plasma Market by Blood Coagulation, 2022 – 2030 (USD Billion)
- 6.4 Cancer Treatment
- 6.4.1 Global Cold Plasma Market by Cancer Treatment, 2022 – 2030 (USD Billion)
- 6.5 Dentistry
- 6.5.1 Global Cold Plasma Market by Dentistry, 2022 – 2030 (USD Billion)
- 6.6 Others
- 6.6.1 Global Cold Plasma Market by Others, 2022 – 2030 (USD Billion)
- 6.1 Global Cold Plasma Market overview: By Application
- Chapter 7. Cold Plasma Industry – Regional Analysis
- 7.1 Global Cold Plasma Industry Regional Overview
- 7.2 Global Cold Plasma Industry Share, by Region, 2021 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.3.1.1 North America Cold Plasma Industry, by Country, 2022 – 2030 (USD Billion)
- 7.3.1 North America Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.4 North America Cold Plasma Industry, by Regime, 2022 – 2030
- 7.4.1 North America Cold Plasma Industry, by Regime, 2022 – 2030 (USD Billion)
- 7.5 North America Cold Plasma Industry, by Application, 2022 – 2030
- 7.5.1 North America Cold Plasma Industry, by Application, 2022 – 2030 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.6.1.1 Europe Cold Plasma Industry, by Country, 2022 – 2030 (USD Billion)
- 7.6.1 Europe Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.7 Europe Cold Plasma Industry, by Regime, 2022 – 2030
- 7.7.1 Europe Cold Plasma Industry, by Regime, 2022 – 2030 (USD Billion)
- 7.8 Europe Cold Plasma Industry, by Application, 2022 – 2030
- 7.8.1 Europe Cold Plasma Industry, by Application, 2022 – 2030 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.9.1.1 Asia Pacific Cold Plasma Industry, by Country, 2022 – 2030 (USD Billion)
- 7.9.1 Asia Pacific Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.10 Asia Pacific Cold Plasma Industry, by Regime, 2022 – 2030
- 7.10.1 Asia Pacific Cold Plasma Industry, by Regime, 2022 – 2030 (USD Billion)
- 7.11 Asia Pacific Cold Plasma Industry, by Application, 2022 – 2030
- 7.11.1 Asia Pacific Cold Plasma Industry, by Application, 2022 – 2030 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.12.1.1 Latin America Cold Plasma Industry, by Country, 2022 – 2030 (USD Billion)
- 7.12.1 Latin America Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.13 Latin America Cold Plasma Industry, by Regime, 2022 – 2030
- 7.13.1 Latin America Cold Plasma Industry, by Regime, 2022 – 2030 (USD Billion)
- 7.14 Latin America Cold Plasma Industry, by Application, 2022 – 2030
- 7.14.1 Latin America Cold Plasma Industry, by Application, 2022 – 2030 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Cold Plasma Industry, by Country, 2022 – 2030 (USD Billion)
- 7.15.1 The Middle-East and Africa Cold Plasma Industry, 2022 – 2030 (USD Billion)
- 7.16 The Middle-East and Africa Cold Plasma Industry, by Regime, 2022 – 2030
- 7.16.1 The Middle-East and Africa Cold Plasma Industry, by Regime, 2022 – 2030 (USD Billion)
- 7.17 The Middle-East and Africa Cold Plasma Industry, by Application, 2022 – 2030
- 7.17.1 The Middle-East and Africa Cold Plasma Industry, by Application, 2022 – 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Linde AG
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Nordson Corporation
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 ADTEC Plasma Technology Co.Ltd.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Bovie Medical Corporation
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Europlasma NV
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.1 Linde AG
List Of Figures
Figures No 1 to 21
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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FAQs
“North America” region will lead the global Cold Plasma market during the forecast period 2022 to 2030.
A key factor expected to drive the growth of the Cold Plasma market during the forecast period is the benefits of Cold Plasma technology.
The key players operating in the Cold Plasma market are Linde AG, Nordson Corporation, ADTEC Plasma Technology Co.Ltd., Bovie Medical Corporation, Europlasma NV, and Others.
The global Cold Plasma market is expanding growth with a CAGR of approximately 14.5% during the forecast period (2022 to 2030).
The global Cold Plasma market size was valued at USD 1.7 billion in 2021 and it is projected to reach around USD 4.56 billion by 2030.