Vancouver, Oct. 04, 2023 (GLOBE NEWSWIRE) -- The global cold plasma market is projected to be valued at USD 9,206.05 Million by 2032, according to a current analysis by Emergen Research. Rising demand for cold plasma in wound healing is one of the significant factors influencing the market growth. Recently, there has been a significant rise in the number of microbial strains that are resistant to the most potent antibiotics available. Cold plasma therapy is considered to be immensely beneficial in providing safety from microbial infections. Cold plasma can destroy bacteria without causing any harm to the human tissues, thus accelerating the wound healing process. Rising incidence of trauma, accident, and wound management cases worldwide is significantly boosting the demand for use of the cold plasma technology in healthcare facilities. For instance, cold atmospheric plasma is prescribed in diabetic foot ulcers, a common issue in diabetic patients, due to its advantage in reducing wound bacterial load and initiating curing of the wound.
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Cold plasma is an innovative non-thermal technology used in food processing to kill contaminating bacteria and other microorganisms on poultry, meat, vegetables, and fruits. Cold plasma is an emerging technology having several potential uses in food packaging, as it is a highly effective way of decontaminating the surfaces of food packages and food products.
Scope of Research
Report Details | Outcome |
Market size in 2019 | USD 1,441.4 Million |
CAGR (2020–2027) | 15.3% |
Revenue forecast in 2032 | USD 9,206.05 Million |
Base year for estimation | 2019 |
Historical data | 2016–2018 |
Forecast period | 2020–2027 |
Quantitative units | Revenue in USD Million and CAGR from 2020 to 2027 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Pressure, application, industry vertical, region |
Regional scope | North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope | U.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Saudi Arabia; South Africa; Turkey |
Key companies profiled | Plasmatreat GmbH, Europlasma NV, Nordson Corporation, Apyx Medical Corporation, P2i Limited, Enercon Industries Corporation, Adtec Plasma Technology Co. Ltd., Relyon Plasma GmbH, neoplas GmbH, and Henniker Plasma |
Customization scope | 10 hours of free customization and expert consultation |
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MAJOR COMPANIES and Market Share Analysis
Leading players in the cold plasma market are equipped with enhanced production facilities and are involved in various R&D activities. A few leading players operating in the cold plasma market are:
- Plasmatreat GmbH
- Europlasma NV
- Nordson Corporation
- Apyx Medical Corporation
- P2i Limited
- Enercon Industries Corporation
- Adtec Plasma Technology Co. Ltd.
- Relyon Plasma GmbH
- neoplas GmbH
- Henniker Plasma
In July 2020, Grifols, a leading producer of plasma-derived medicines, made an announcement about the signing of an agreement for acquisition of a Montreal-based plasma fractionation unit and two purification units of GC Pharma Group, as well as 11 plasma collection centers in the U.S. for USD 460.0 Million.
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Key Highlights of Report
- In July 2020, Grifols, a leading producer of plasma-derived medicines, made an announcement about the signing of an agreement for acquisition of a Montreal-based plasma fractionation unit and two purification units of GC Pharma Group, as well as 11 plasma collection centers in the U.S. for USD 460.0 Million
- The atmospheric cold plasma segment held the largest market share in 2019. Atmospheric cold plasma is used to kill microbes without damaging healthy human tissues. It is also beneficial in cancer treatment, due to its anti-tumor properties. Besides, cold atmospheric plasma is used to reduce biofilms, mites, allergens, smell in textiles/air, and hazardous molecules in a flow process.
- The cold plasma technology is employed in various stages of agricultural food production, including seed treatment, for the improvement of germination rates and crop growth, which results in better crop yields and decreases harvest time.
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Emergen Research has segmented the global cold plasma market in terms of pressure, application, industry vertical, and region:
- Pressure Outlook (Revenue, USD Million; 2017–2027)
- Low Pressure Cold Plasma
- Atmospheric Cold Plasma
- Application Outlook (Revenue, USD Million; 2017–2027)
- Wound Healing
- Adhesion
- Etching
- Decontamination
- Finishing
- Printing
- Surface Treatment
- Coating
- Wastewater Treatment
- Blood Coagulation
- Others
- Industry Vertical Outlook (Revenue, USD Million; 2017–2027)
- Polymer & Plastic
- Textile
- Food & Beverage
- Agriculture
- Electronics & Semiconductor
- Medical
- Regional Outlook (Revenue, USD Million; 2017–2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- North America
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