Global Cold Plasma Market Report
Global Cold Plasma Market, By Application (Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, and Other Medical Applications), By Regime (Low-pressure Cold Plasma, Atmospheric Cold Plasma), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: July 2021
- Report ID: BWC21405
- Available Format: PDF
- Page: 141
Report Overview
Cold plasma is an ionized gas in which the constituent atoms are at different temperatures. The temperature of neutral atoms is normal, whereas the temperature of electrons is higher.
Global Cold Plasma Market- Industry Trends & Forecast Report 2027
The global cold plasma market was worth USD 1.9 billion in 2020 and is further projected to reach USD 5.8 billion by the year 2027, growing at the CAGR of 18.3% in the forecast period (2021-2027). The demand for cold plasma is advancing because of its expanding adoption in medical treatment with the rising incidences of Hospital-Acquired Infections (HAIs). The use of cold plasma in plasma therapy for the treatment of Covid-19 is also becoming a significant factor in the growth of the cold plasma market.
Source: BlueWeave Consulting
Global Cold Plasma Market- Overview
Cold plasma is an ionized gas in which the constituent atoms are at different temperatures. The temperature of neutral atoms is normal, whereas the temperature of electrons is higher. The cold plasma treatment is usually used for wound sterilizing and healing as it offers painless as well as contactless treatment. Cold plasma therapy is highly preferred for treating chronic wounds and burns. After being exposed to cold plasma, bacterial cells, particularly Multidrug Resistant bacteria, are instantly destroyed. Furthermore, plasma treatment is relatively cost-effective, making it accessible to a larger population. As a result, demand for this treatment is increasing rapidly, which is driving up the demand for cold plasma, particularly in the medical sector.
Global Cold Plasma Market Forecast and Trends
Growth Drivers
High Applicability of Cold Plasma in Various Industries
Cold plasma has a broad range of applications and is widely used in a variety of industries, including medicine, textiles, dyeing, printing, polymer and plastic manufacturing, and so on. They are widely utilized in the processing sector because they provide numerous benefits, including low energy and water consumption, reduced fiber degradation, reduced chemical consumption, and environmental and health benefits, among others. Furthermore, unlike other chemicals, it does not require a high-quality supply and storage, which saves the manufacturing houses a lot of money.
Treatment of Infection and Prevention from Bacteria and Virus
Cold plasma is capable of killing viruses and bacteria with high resistance, as well as preventing infectious or communicable disorders. It is also useful in eradicating antibiotic-resistant viruses and bacteria, as well as in preventing infectious or communicable disorders. Cold Plasma has emerged as a very effective method for cleaning surfaces to destroy the coronavirus while keeping the environment safe and hygienic in the wake of the Covid-19 outbreak. Furthermore, clothing nowadays is made available only after cold plasma treatment. This has a huge impact on the growth of the cold plasma market, propelling it forward.
Restraints
Huge Capital Requirement may hinder the Market
Cold plasma production and adoption are both prohibitively expensive. Installation of sophisticated equipment necessitates large investments, and vacuum pumps add to the costs. Because of the high capital requirement, potential players are hesitant to enter the market, and small businesses may be unable to expand substantially or must rely on private investment and funding. Moreover, cold plasma production processes necessitate special operating conditions. For example, vacuum equipment used in producing cold plasma needs special operating settings such as low temperatures and controlled vacuum levels.
Impact of Covid-19 on Global Cold Plasma Market
The demand for cold plasma increased so quickly after the release of Covid-19 that even manufacturers and distributors were caught off guard. According to experts, if the therapy is done at room temperature, cold plasma is particularly successful in killing the coronavirus on various surfaces. As a result, its application for the treatment of patients infected with Covid-19, as well as disinfecting the surfaces, mainly in the healthcare facilities expanded substantially, pushing the market forward. As a result, cold plasma emerged as one of the few viable choices for treating and eradicating the coronavirus.
Global Cold Plasma Market - By Application
Based on applications, the global cold plasma market is segmented into blood coagulation, wound healing, dentistry, cancer treatment, and other medical applications. Among these, the cancer treatment segment is leading the market and is likely to dominate even during the forecast period. The wound healing segment is also growing at a faster pace. Cold plasma is particularly effective in destroying bacterial cells as well as other pathogens that are resistant to antibiotics. Moreover, patients prefer prototype plasma treatment over other treatments for chronic wounds and burns because it eliminates itching and pain.
Global Cold Plasma Market - By Regime
Based on the regime, the market is divided into low-pressure cold plasma and atmospheric cold plasma. The global cold plasma market has a high demand for atmospheric cold plasma, due to which it held the largest share in the market in the year 2020. Atmospheric cold plasma has numerous applications in areas such as health, packaging, and textiles. However, it is expected that low-pressure cold plasma will lead the market to a growing CAGR over the forecast period. Its rising adoption and application in semiconductor manufacturing, as well as the electronic industry, is propelling the market growth.
Global Cold Plasma Market - Regional Insights
Geographically, the global cold plasma market is segmented into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle-East & Africa (MEA). Among these regions, North America held the largest market share in the year 2020. This dominance is due to the high concentration of key market players in the region, along with the availability of a wide variety of FDA-approved products. Furthermore, the rising technological advancements and developments taking place in the medical sector is contributing to the growth of the cold plasma market in this region.
Competitive Landscape
The leading market players in the global cold plasma market are U.S. Medical Innovations, ADTEC Plasma Technology Co. Ltd., Ferrarini & Benelli SRL, Relyon Plasma GmbH, P2i Limited, Cinogy Technologies gMbh, Softal Corona & Plasma Gmbh, Henniker Plasma, Plasmatreat GmbH, Coating Plasma Innovation, Thierry Corporation, Enercon Industries Corporation, Europlasma NV and other prominent players. The competitive landscape of this market is very consolidated and is essentially led by giants. The companies are consistently engaging in market expansion by adopting competitive strategies like partnerships, agreements, mergers & acquisitions, etc. to expand their customer base.
Recent Developments
- In April 2021, US Medical Innovations, LLC and the Jerome Canady Research Institute for Advanced Biological and Technological Sciences, LLC announced to have achieved success in the completion of phase 1 clinical trial in the treatment of stage 4 solid tumors, using Canady Helios Cold Plasma (CHCP).
- In April 2020, Relyon Plasma, a Germany-based industrial equipment supplier launched an atmospheric plasma system, ‘piezobrush PZ3’. It is the world’s smallest plasma handheld device that offers a wide range of applications. Piezobrush PZ3 was set to hit the market from May 2020.
Scope of the Report
Attributes | Details |
Years Considered | Historical data – 2017-2020 |
Base Year – 2020 | |
Forecast – 2021 – 2027 | |
Facts Covered | Revenue in USD Million |
Market Coverage | North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa |
Product Service/Segmentation | By Application, By Regime, By Region |
Key Players | Terraplasma Medical GmbH, Neoplas Med GmbH, Wacker Chemie AG, U.S. Medical Innovations, ADTEC Plasma Technology Co. Ltd., Ferrarini & Benelli SRL, Relyon Plasma GmbH, P2i Limited, Cinogy Technologies GmbH, Softal Corona & Plasma Gmbh, Henniker Plasma, Plasmatreat gmbh, Apyx Medical Corporation, Tantec a/s, Molecular Plasma Group, Coating Plasma Innovation, Thierry Corporation, Enercon Industries Corporation, Europlasma NV and other prominent players. |
By Application
- Wound Healing
- Blood Coagulation
- Dentistry
- Cancer Treatment
- Other Medical Applications
By Regime
- Low-pressure Cold Plasma
- Atmospheric Cold Plasma
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary and Secondary Sources
2.2. Quantitative Research
2.2.1. Primary and Secondary Sources
2.3. Breakdown of Primary Research Respondents
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Key Questionnaire asked during Primary Interviews
2.6. Key Primary Responses
2.7. Market Size Estimation
2.8. Assumption for the Study
2.9. Market Breakdown & Data Triangulation
3. Executive Summary
4. Global Cold Plasma Market – Industry Insights
4.1. DROC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunity
4.1.4. Challenges
4.2. Recent Developments / Technical Landscape
4.3. Regulatory Framework
4.4. Porter’s Five Forces Analysis
4.5. Value Chain Analysis
4.6. Strategic Outlook
5. Global Cold Plasma Market Overview
5.1. Market Estimates & Forecast by Value, 2017-2027
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Application
5.2.1.1. Wound Healing
5.2.1.2. Blood Coagulation
5.2.1.3. Dentistry
5.2.1.4. Cancer Treatment
5.2.1.5. Other Medical Applications
5.2.2. By Regime
5.2.2.1. Low-pressure Cold Plasma
5.2.2.2. Atmospheric Cold Plasma
5.2.3. By Region
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. Asia-Pacific (APAC)
5.2.3.4. Latin America (LATAM)
5.2.3.5. Middle-East & Africa (MEA)
6. North America Cold Plasma Market Overview
6.1. Market Size and Forecast
6.1.1. By Value (USD Million), 2017-2027
6.2. Market Share and Forecast
6.2.1. By Application
6.2.2. By Regime
6.2.3. By Country
6.2.3.1. U.S.
6.2.3.2. Canada
7. Europe Cold Plasma Market Overview
7.1. Market Size and Forecast
7.1.1. By Value (USD Million), 2017-2027
7.2. Market Share and Forecast
7.2.1. By Application
7.2.2. By Regime
7.2.3. By Country
7.2.3.1. Germany
7.2.3.2. U.K.
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. Russia
7.2.3.7. Netherlands
7.2.3.8. Rest of Europe
8. APAC Cold Plasma Market Overview
8.1. Market Size and Forecast
8.1.1. By Value (USD Million), 2017-2027
8.2. Market Share and Forecast
8.2.1. By Application
8.2.2. By Regime
8.2.3. By Country
8.2.3.1. China
8.2.3.2. India
8.2.3.3. Japan
8.2.3.4. South Korea
8.2.3.5. Rest of APAC
9. LATAM Cold Plasma Market Overview
9.1. Market Size and Forecast
9.1.1. By Value (USD Million), 2017-2027
9.2. Market Share and Forecast
9.2.1. By Application
9.2.2. By Regime
9.2.3. By Country
9.2.3.1. Mexico
9.2.3.2. Brazil
9.2.3.3. Rest of LATAM
10. MEA Cold Plasma Market Overview
10.1. Market Size and Forecast
10.1.1. By Value (USD Million), 2017-2027
10.2. Market Share and Forecast
10.2.1. By Application
10.2.2. By Regime
10.2.3. By Country
10.2.3.1. Saudi Arabia
10.2.3.2. UAE
10.2.3.3. South Africa
10.2.3.4. Turkey
10.2.3.5. Rest of Europe
11. Competitive Landscape
11.1.1. List of Key Producers and Their Offerings
11.1.2. Market Share / Ranking Analysis (2020)
11.1.3. Competitive Benchmarking, By Operating Parameters
12. COVID-19 Impact
12.1. Future Impact
12.2. Key Developments during COVID-19
12.3. Impact on Market
12.3.1. Different Scenario
12.3.2. Impact on Companies
12.4. Regional Impact
13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
13.1. Terraplasma Medical GmbH
13.2. Neoplas Med GmbH
13.3. Wacker Chemie AG
13.4. U.S. Medical Innovations
13.5. ADTEC Plasma Technology Co. Ltd.
13.6. Ferrarini & Benelli SRL
13.7. Relyon Plasma gmbh
13.8. P2i Limited
13.9. Cinogy Technologies gMbh
13.10. Softal Corona & Plasma Gmbh
13.11. Henniker Plasma
13.12. Plasmatreat gmbh
13.13. Apyx Medical Corporation
13.14. Tantec a/s
13.15. Molecular Plasma Group
13.16. Coating Plasma Innovation
13.17. Thierry Corporation
13.18. Enercon Industries Corporation
13.19. Europlasma NV
13.20. Other prominent players
14. Key Strategic Recommendations
* Financial information of non-listed Companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth study during the final deliverable.
List of Figures
Fig: Global Cold Plasma Segmentation
Fig: Global Cold Plasma Value Chain Analysis,
Fig: Company Market Share Analysis, 2020
Fig: Global Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: Global Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: Global Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: Global Cold Plasma Share (%), By Country, By Value, 2017-2027
Fig: North America Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: North America Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: North America Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: North America Cold Plasma Share (%), By Country, By Value, 2017-2027
Fig: Europe Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: Europe Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: Europe Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: Europe Cold Plasma Share (%), By Country, By Value, 2017-2027
Fig: the Asia-Pacific Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: the Asia-Pacific Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: the Asia-Pacific Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: Asia-Pacific Cold Plasma Share (%), By Country, By Value, 2017-2027
Fig: Latin America Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: Latin America Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: Latin America Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: Latin America Cold Plasma Share (%), By Country, By Value, 2017-2027
Fig: Middle East & Africa Cold Plasma Size, By Value (USD Million), 2017-2027
Fig: Middle East & Africa Cold Plasma Share (%), By Application, By Value, 2017-2027
Fig: Middle East & Africa Cold Plasma Share (%), By Regime, By Value, 2017-2027
Fig: Middle East & Africa Cold Plasma Share (%), By Region, By Value, 2017-2027
List of Tables
Table: Global Cold Plasma Size, By Application, By Value, 2017-2027
Table: Global Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: Global Cold Plasma Size, By Region, By Value (USD Million), 2017-2027
Table: North America Cold Plasma Size, By Application, By Value (USD Million), 2017-2027
Table: North America Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: North America Cold Plasma Size, By Country, By Value (USD Million), 2017-2027
Table: Europe Cold Plasma Size, By Application, By Value (USD Million), 2017-2027
Table: Europe Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: Europe Cold Plasma Size, By Country, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Cold Plasma Size, By Application, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Cold Plasma Size, By Country, By Value (USD Million), 2017-2027
Table: Latin America Cold Plasma Size, By Application, By Value (USD Million), 2017-2027
Table: Latin America Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: Latin America Cold Plasma Size, By Country, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Cold Plasma Size, By Application, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Cold Plasma Size, By Regime, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Cold Plasma Size, By Country, By Value (USD Million), 2017-2027
Table: Terraplasma Medical GmbH Financial Analysis
Table: Terraplasma Medical GmbH Business Overview
Table: Neoplas Med GmbH Financial Analysis
Table: Neoplas Med GmbH Business Overview
Table: Wacker Chemie AG Financial Analysis
Table: Wacker Chemie AG Business Overview
Table: U.S. Medical Innovations Financial Analysis
Table: U.S. Medical Innovations Business Overview
Table: ADTEC Plasma Technology Co. Ltd. Financial Analysis
Table: ADTEC Plasma Technology Co. Ltd. Business Overview
Table: Ferrarini & Benelli SRL Financial Analysis
Table: Ferrarini & Benelli SRL Business Overview
Table: Relyon Plasma GmbH Financial Analysis
Table: Relyon Plasma GmbH Business Overview
Table: P2i Limited Financial Analysis
Table: P2i Limited Business Overview
Table: Cinogy Technologies GmbH Financial Analysis
Table: Cinogy Technologies GmbH Business Overview
Table: Softal Corona & Plasma GmbH Financial Analysis
Table: Softal Corona & Plasma GmbH Business Overview
Table: Henniker Plasma Financial Analysis
Table: Henniker Plasma Financial Analysis
Table: Plasmatreat GmbH Financial Analysis
Table: Plasmatreat GmbH Business Overview
Table: Apyx Medical Corporation Financial Analysis
Table: Apyx Medical Corporation Business Overview
Table: Tantec a/s Financial Analysis
Table: Tantec a/s Business Overview
Table: Molecular Plasma Group Financial Analysis
Table: Molecular Plasma Group Business Overview
Table: Coating Plasma Innovation Financial Analysis
Table: Coating Plasma Innovation Business Overview
Table: Thierry Corporation Financial Analysis
Table: Thierry Corporation Business Overview
Table: Enercon Industries Corporation Financial Analysis
Table: Enercon Industries Corporation Business Overview
Table: Europlasma NV Financial Analysis
Table: Europlasma NV Business Overview
Market Segmentation
By Application
- Wound Healing
- Blood Coagulation
- Dentistry
- Cancer Treatment
- Other Medical Applications
By Regime
- Low-pressure Cold Plasma
- Atmospheric Cold Plasma
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
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