Cold Plasma Market Size, Share, And Growth Report 2032

Cold Plasma Market Size

The global Cold Plasma market size was worth around USD 2.09 billion in 2023 and is predicted to grow to around USD 6.89 billion by 2032 with a compound annual growth rate (CAGR) of roughly 14.2% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Cold Plasma market on a global and regional level.

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Cold Plasma Market: Overview

Non-equilibrium plasma or cold plasma is considered the fourth state of matter. It has a large number of applications in various industries like bioengineering, medical, and therapeutics. It is used in the treatment of living biological tissues, sterilization of biomedical surfaces, and surface modification of biomedical materials and devices due to its bactericidal and antimicrobial properties.

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports, and other sources have also been considered to arrive at the indicated market numbers.

Cold Plasma Market: Segmentation

The study provides a decisive view of the cold plasma market by segmenting the market based on regime, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on the regime the market is bifurcated into low-pressure cold plasma and atmospheric cold plasma. The devices segment held a major share of the market in 2023. The market for atmospheric cold plasma held the major share of the market in 2023. It is a new technology with wide applications in the healthcare sector like wound healing, infection control, and burn treatment. It also has its applications in non-surgical and surgical procedures.

Based on application the market is segmented into wound healing, blood coagulation, dentistry, cancer treatment, and other medical applications. The cancer treatment is likely to grow at a high CAGR in the forecast period owing to one of the breakthrough technologies in the application for this treatment. The technology has shown efficacy in the pre-clinical models of various cancers like the skin, lung, brain, bladder, breast, neck, and head cancer. Besides, in-vivo and in-vitro studies also reveal that cancer cells are effectively killed by cold plasma, by decreasing the velocity of cell migration, which has an important implication in the disease treatment.

Cold Plasma Market: Report Scope

Cold Plasma Market: Regional Analysis

Regional segmentation includes the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market due to the availability of various FDA-approved products and the presence of key industry participants in this region.

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Cold Plasma Market: Competitive Analysis

The report also provides a company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players included in the cold plasma market are:

• Apyx Medical Corporation
• COMET Plasma Control Technologies
• Neoplas Tools GmbH
• Henniker Plasma
• U.S. Medical Innovations (USMI) LLC
• Europlasma N.V.
• Bovie Medical Corporation
• P2i Limited

The Global Cold Plasma Market is segmented as follows:

Global Cold Plasma Market: Regime Segment Analysis

• Atmospheric Cold Plasma
• Low-Pressure Cold Plasma

Global Cold Plasma Market: Application Segment Analysis

• Wound Healing
• Blood Coagulation
• Dentistry
• Cancer Treatment
• Other Medical Applications

Global Cold Plasma Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa