Global Cold Plasma Market Size Expected To Reach USD 3.5 Billion By 2028

11-May-2022 | Facts and Factors

According to the Facts & Factors report, the global cold plasma market was worth about 1.8 (USD billion) in 2021 and is predicted to grow to around 3.5 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 16.2%.

Cold plasma, also known as non-thermal plasma, is a cutting-edge concept with numerous applications in medical devices. The technology has revolutionized many medical specialties, including dermatology, cardiology, oncology, and gastroenterology, and it is widely used to aid surgeries in these fields. Cold plasma has a wide range of applications in bioengineering and as an antimicrobial treatment in food processing, which is driving the growth of the global cold plasma market. The developing application of cold plasma in treating cancer has been an exciting field that is expected to have a significant impact on current cancer therapeutic research, driving the advancement of the cold plasma market.

Browse the full “Cold Plasma Market By Industry (Medical Industry, Textile Industry, Plastic & Polymer Industry, and Others), By Regime (Low-Pressure Cold Plasma and Atmospheric Cold Plasma), and By Region-Global and Regional Industry Trends, Competitive Intelligence, Analysis of Data, Statistical Data, and Forecast 2022-2028"  report at https://www.fnfresearch.com/cold-plasma-market

The key advantages of cold plasma techniques, the adoption of smart production techniques in the textile sector & other end-use sectors of the economy, and rising concerns about food safety & decontamination are driving the global cold plasma market. Cold plasma is increasingly being used to create self-decontaminating filters and to decontaminate various food packaging, particularly poultry and meat packaging. This has fueled the market's expansion. The significant capital investment required to develop low-cost plasma technologies, as well as their limited commercialization, are likely to stifle market growth to some extent. However, the growing applications of cold plasma in multiple end industries such as agriculture, food, and plastic polymers and segments in developing countries will drive the market growth.

The global cold plasma market is segmented on the basis of industry, regime, and region. By industry, the market is divided into the medical industry, textile industry, plastic & polymer industry, and others. The medical industry segment is expected to grow at the fastest rate during the projected period, owing to the benefits of cold plasma treatment, as well as its low side effects, continuing to make it more viable than conventional methods. By regime, the market is divided into low-pressure cold plasma and atmospheric cold plasma. Low-pressure cold plasma is expected to account for the largest share of the market and to grow at the fastest rate during the projected period. This segment's large share and rapid growth are frequently attributed to minimal surface ablation and bactericidal activity.

Because of the presence of major key players, North America dominates the global cold plasma market. Furthermore, the increasing adoption of advanced technologies will drive the regional market growth during the forecast period. Because of the constant change in electronic manufacturing, Asia Pacific is expected to see significant growth in the cold plasma market. Furthermore, market growth for decontaminated frozen meals and expanding textile manufacturing facilities are expected to drive regional market growth in the coming years.

Report Scope

Some of the global cold plasma market players are Enercon Industries,  Thierry Corporation, Apyx Medical Corporation, Plasmatreat, Surfx Technologies, LLC, Relyon Plasma GmbH, Coating Plasma Innovation, Adtec Plasma Technology Co. Ltd, Tantec A/S, Henniker Plasma,  SOFTAL Corona & Plasma, Nordson Corporation, Advanced Plasma Solutions, terraplasma GmbH, US Medical Innovations, Molecular Plasma Group, Ferrarini & Benelli, AcXys Plasma Technologies, PlasmaLeap Technologies, Neoplas GmbH, COMET Plasma Control Technologies, Europlasma, UNIQAIR Technologies, and CINOGY GmbH.

Recent Development

• February 2020: Henniker Plasma partnered with Irida (Spain), allowing the company to expand its geographic influence in the region.
• February 2021: Adtec announces the release of High-Power RF Coaxial Switch Boxes.

The global cold plasma market is segmented as follows; 

By Industry

• Medical Industry
• Textile Industry
• Plastic & Polymer Industry

By Regime

• Low-Pressure Cold Plasma
• Atmospheric Cold Plasma

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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