Medical Cold Plasma Market Report Overview
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The global medical cold plasma market size is expected to be USD 67 million in 2022 and is projected to touch USD 226.5 million by 2028, exhibiting a CAGR of 18.9% during the forecasting period.
Medical a fourth state of plasma is thought to be cold plasma, also known as non-thermal plasma. Scientists have found a wide range of uses for it across several end-use sectors as a result of its unusual nature over the years. Medical Cold Plasma is widely utilised in the pharmaceutical, biotech, and food processing industries. There have also been several recorded uses in the field of the life sciences. Medical cold plasma is being used by healthcare professionals to treat surgical and traumatic wounds.
A revolutionary non-thermal food processing technique called medical cold plasma has emerged, using reactive energetic gases to kill germs on fruits, vegetables, poultry products, and meat. It uses a carrier gas, typically helium, oxygen, or nitrogen, and electricity. There are numerous medical cold plasma systems being developed that operate at atmospheric pressures. Food contamination has grown to be a significant source of worry throughout time. Inorganic chemical concentrations that are abnormally high during the production, packing, shipping, and storage phases are only a few examples of this. Food items must therefore be carefully examined and measured, necessitating a variety of testing techniques.
COVID-19 Impact: Substantial Effects to Hamper Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with surface tensiometer market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributed to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 pandemic is anticipated to have a substantial effect on the medical cold plasma market growth. However, during the period of lockdown and mobility limitations imposed internationally to stop the virus spread and flatten the curve, there may be potential disruptions in the industries of electronics & semiconductors, textile, polymer & plastic, food & agricultural, and medical. The demand for textiles, clothes, semiconductors, and electronic appliances has decreased, while the desire for large-scale farming operations and non-essential services has been delayed until the post-lockdown period.
LATEST TRENDS
"Wound Healing Segment Increasing to Boost Market Growth"
The medical cold plasma industry in the medical sector is divided into categories for blood coagulation, oncology, dentistry, and wound healing. Due to the benefits of cold plasma treatment and its few side effects, which make it more practical than traditional treatments, the wound healing market is expected to develop at the highest growth rate throughout the forecast period.
Medical Cold Plasma Market Segmentation
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- By Type
Based on type; the market is divided into Atmospheric Cold Plasma and Low-pressure Cold Plasma.
In terms of product, Atmospheric cold plasma is the largest segment.
- By Application
Based on application; the market is divided into Wound Healing, Blood Coagulation and Other.
In terms of application, Wound healing is the largest segment.
DRIVING FACTORS
"Developing Cold Plasma Technology to Enhance Market Growth"
Applications for medical cold plasma market are numerous and cross several sectors. Numerous benefits come with this processing technology, including low water and energy usage, little fibre degradation, decreased flammability, low chemical consumption, enhanced wettability, low cost, and walker friendliness. Additionally, Medical cold plasma technologies do not need to store huge amounts of processing water or chemical supplies on-site, either for deployment or for post-treatment washing. The utilisation of cold plasma techniques has been sparked by their advantages over the alternatives already employed in application industries.
"Demand of Medical Cold plasma in PPE Kit to Augment Market Growth"
Since cold plasma destroys very stable, multi-resistant bacteria, it can be utilised to prevent infectious illnesses and nosocomial infections. Protective gear and sterile fabrics are in short supply during the COVID-19 epidemic. Clothes can be worn for longer after receiving a cold plasma or ozone-producing plasma treatment. Additionally, it can aid in the hydrophilization procedure used in the textile sector to lower bacteria in gloves, PPE kits, and masks. One of the top companies on the Medical cold plasma market, Plasma treat, has created a prototype cleaning station with options for cleaning protective gear.
RESTRAINING FACTORS
"High Maintenance of the Plasma to Constrain Market Growth"
Companies always consider the advantages of a technology in terms of their investment and the time required to recoup that cost before investing. With their budget in mind. The equipment required for cold plasma coating technologies, such as vacuum equipment, is expensive and necessitates specialised operating conditions, such as low temperatures and regulated vacuum settings.
Medical Cold Plasma Market Regional Insights
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Due to expanding demand for decontaminated frozen food, rising adoption of the industry for the manufacturing of textiles and polymers, and increased spending on healthcare infrastructure, Asia Pacific is expected to have a significant increase in the medical cold plasma market share. These nations have big populations, which means that more people have more health problems. Admissions have increased in the hospitals. The risk of developing nosocomial infections has also increased as a result of the rise in hospital admissions, and cold plasma disinfection has enormous potential in this area. Most of this demand is anticipated to be boosted.
KEY INDUSTRY PLAYERS
The research provides a full overview of the analysis of the market aspects, including sales value, sales volume, market revenue, and demand size, as well as sales growth, pricing analysis, and changing regional market growth factors. The market participants and their respective positions within the industry are discussed in the report. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on producers, applications, sales channels, locations, types, and distributors is provided in the study on materials.
List of Market Players Profiled
- Apyx Medical
- Terraplasma Medical
- Wacker Chemie
- Neoplas Tools
- ADTEC Plasma Technology
- Plasmatreat
- Relyon Plasma GmbH
- CINOGY System GmbH
REPORT COVERAGE
The report helps in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns and so on. Includes a chapter on the impact of covid-19 pandemic on the market. The data is further compiled & validated through various market estimation & data validation methodologies. The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The report also provides information about the top-winning strategies implemented by industry players.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 67 Million in 2022 |
Market Size Value By |
US$ 226.5 Million by 2028 |
Growth Rate |
CAGR of 18.9% from 2022 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the medical cold plasma market expected to touch by 2028?
The global medical cold plasma market expected to touch USD 226.5 million by 2028.
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What CAGR is the medical cold plasma market expected to exhibit by 2028?
The medical cold plasma market is expected to exhibit a CAGR of 18.9% by 2028.
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Which are the driving factors of the medical cold plasma market?
Increasing demand for wound healing segment in industry is the driving factors of the medical cold plasma market.
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Which are the top companies operating in the medical cold plasma market?
Apyx Medical, Terraplasma Medical, Wacker Chemie, Neoplas Tools, ADTEC Plasma Technology, Plasmatreat, Relyon Plasma GmbH, CINOGY System GmbHare the top companies operating in the medical cold plasma market.
