The global cold plasma market is anticipated to grow at a CAGR of around 14% during the forecast period (2021-2027). Cold plasma is a technology that uses energetic, reactive gases to inactivate contaminating microbes. This flexible sanitizing method/technology uses electricity and a carrier gas, such as air, oxygen, nitrogen, or helium to contaminate microbes. The cold plasma technology found its major use in wide range of applications ranging from food, electronics & semiconductor to medical, adhesion, and polymer & plastics. The most noticeable application is the disinfection of surfaces in particular equipment, packaging, food contact surfaces or even food itself. The cold plasma market growth is driven by the increasing demand for raw or non-heat-treated foods owing to the factors, such as the preference of consumers for healthy foods and the development of consumer awareness. Apart from these, the adoption of cold plasma technology in end-user applications due to numerous advantages such as low energy consumption, less water consumption, moderate cost, improved wettability, environment friendly and others is another prominent factor augmented the market growth. the cold plasma in medicine is growing quickly as cold plasma has the ability to kill bacteria and prevent infections, and it has been proven to be successful in treating burns.
Moreover, high capital investment associated with the cold plasma technology is limiting the market growth as small scale companies are unable to sustain in the market. Apart from these, the development in cold plasma technology such as combination of this technology with chemotherapy in cancer treatment is projected to offer lucrative growth opportunities to the market during the forecast period.
Impact of COVID-19 on Global Cold Plasma Market
The cold plasma market has registered an inclination in growth due to the COVID-19 pandemic. The rising number of COVID-19 patients globally during pandemic had surged the adoption of plasma therapy for corona virus treatments. Syndrome coronavirus 2 (SARS-CoV-2) infectious virions are viable on various surfaces (e.g., plastic, metals, and cardboard) for several hours. Cold atmospheric plasma (CAP) with argon feed gas to inactivate SARS-CoV-2 on various surfaces found to be an effective method that has surged its high demand during pandemic.
Segmental Outlook
The global cold plasma market is segmented based on regime, application, and end-user industry. On the basis of regime, the market is sub-segmented into low pressure cold plasma and atmospheric pressure cold plasma. On the basis of application, the market is sub-segmented into wound healing, sterilization & disinfection, coating & finishing, adhesion, and others. Among these, wound healing segment is projected grow at fastest CAGR during the forecast period. The segmental growth is attributed to the high adoption of cold plasma such as atmospheric cold plasma in wound healing as it decreases their bacterial load and promotes healing without any significant side effects. Similarly, on the basis of end-user industry, the market is sub-segmented into electronics & semiconductors, food processing & packaging, medical, polymers & plastic, and others.
Global Cold Plasma Market Share by Regime, 2021 (%)
Atmospheric Pressure Cold Plasma Segment is Projected to Witness Highest Growth in the Global Cold Plasma Market
Based on regime, the atmospheric pressure cold-plasma segment held the largest share in the market in 2021, the segment is further projected to witness highest growth in the market during the forecast period. Atmospheric pressure cold plasma is an ionized gas with a near room temperature. The technology is used to break the contamination present in air and water by forming an ionized gas. APC has been widely used in many branches of modern medicine, including wound healing and sterilization. Furthermore, in clinical studies, cold atmospheric plasma is used for the treatment of chronic wounds. It is also used to reduce microbial load without any known significant negative effects on healthy tissue. Apart from medical, the cold atmospheric plasma also have wide range of applications in various end-user industries such as food, textile and packaging industry. The high demand for APC from these industries is the major factor for the segment growth.
Regional Outlook
Geographically, the global Cold Plasma market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). North America is projected to account the highest revenue share in the market during the forecast period. The presence of major players and availability of FDA approved products in the major economies such as the US and Canada are the major factors accelerating the market growth.
Global Cold Plasma Market Growth, By Region 2021-2027
Asia-Pacific Emerge as a Fastest-Growing Region in Global Cold Plasma Market
Geographically, Asia-Pacific is estimated to show fastest growth in the market during the forecast period. China, India, Japan, and Rest of Asia-Pacific are the major economies contributing high to the market growth. The growing demand for cold plasma technology from end-user industries in these economies is the major factor accelerating the market growth. Moreover, the majority of global companies focusing on developing and expanding their R&D capabilities and distribution networks in this region which is creating significant scope for the market growth. The presence of huge population base and rise in disposable income level along with changing life-styles of people that has augmented the demand for decontaminated frozen food, are also the factors likely to contribute to the overall market growth.
Market Players Outlook
The key players in the cold plasma market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include Apyx Medical Corp, Nordson Corp, Adtec Plasma Technology Co. Ltd., Relyon Plasma GmbH, Henniker Plasma, Enercon Industries Ltd., AcXys Plasma Technologies, Plasmatreat GmbH, Tantec A/S, Europlasma SA, Thierry Corp, Surfx Technologies, LLC, among others. These market players are adopting several market strategies including product launch and approvals, merger and acquisition, partnership collaboration, business, and capacity expansion, and others.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Cold Plasma Industry
• Recovery Scenario of Global Cold Plasma Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Trade Analysis
2.2.3. Porter’s Analysis
2.2.4. Recommendations
2.2.5. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Cold Plasma Market, By Regime
5.1.1. Low Pressure Cold Plasma
5.1.2. Atmospheric Pressure Cold Plasma
5.2. Global Cold Plasma Market, By Application
5.2.1. Wound Healing
5.2.2. Sterilization & Disinfection
5.2.3. Coating & Finishing
5.2.4. Adhesion
5.2.5. Others
5.3. Global Cold Plasma Market, By End-User Industry
5.3.1. Electronics & Semiconductors
5.3.2. Food Processing & Packaging
5.3.3. Medical
5.3.4. Polymers & Plastic
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
6.4.1. Latin America
6.4.2. Middle East & Africa
7. Company Profiles
7.1. AcXys Plasma Technologies
7.2. Adtec Plasma Technology Co. Ltd
7.3. Advanced Plasma Solutions
7.4. Apyx Medical Corp
7.5. Bovie Medical Corp
7.6. CINOGY GmbH
7.7. Coating Plasma Innovation
7.8. Enercon Industries
7.9. Europlasma N.V.,
7.10. Ferrarini & Benelli
7.11. Henniker Plasma
7.12. Molecular Plasma Group
7.13. Neoplas Tools GmbH,
7.14. Nordson Corp
7.15. P2i Ltd.
7.16. Relyon Plasma GmbH
7.17. SOFTAL Corona & Plasma
7.18. Surfx Technologies, LLC (US),
7.19. Tantec A/S (Denmark)
7.20. Terraplasma GmbH
7.21. Thierry Corp
7.22. U.S. Medical Innovations, LLC,
7.23. UNIQAIR Technologies
1. GLOBAL COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGIME, 2020-2027 ($ MILLION)
2. GLOBAL LOW PRESSURE COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL ATMOSPHERIC PRESSURE COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL COLD PLASMA MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
5. GLOBAL COLD PLASMA IN WOUND HEALING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL COLD PLASMA IN STERILIZATION & DISINFECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL COLD PLASMA IN COATING & FINISHING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL COLD PLASMA IN ADHESION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL COLD PLASMA IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL COLD PLASMA MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)
11. GLOBAL COLD PLASMA IN ELECTRONICS & SEMICONDUCTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL COLD PLASMA IN FOOD PROCESSING & PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL COLD PLASMA IN MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL COLD PLASMA IN POLYMERS & PLASTIC MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL COLD PLASMA IN OTHER END-USER INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. NORTH AMERICAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGIME, 2020-2027 ($ MILLION)
18. NORTH AMERICAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. NORTH AMERICAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)
20. EUROPEAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGIME, 2020-2027 ($ MILLION)
22. EUROPEAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. EUROPEAN COLD PLASMA MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC COLD PLASMA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGIME, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC COLD PLASMA MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC COLD PLASMA MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)
28. REST OF THE WORLD COLD PLASMA MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
29. REST OF THE WORLD COLD PLASMA MARKET RESEARCH AND ANALYSIS BY REGIME, 2020-2027 ($ MILLION)
30. REST OF THE WORLD COLD PLASMA MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
31. REST OF THE WORLD COLD PLASMA MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL COLD PLASMA MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL COLD PLASMA MARKET BY SEGMENT, 2020-2027 (% MILLION)
3. RECOVERY OF GLOBAL COLD PLASMA MARKET, 2020-2027 (%)
4. GLOBAL COLD PLASMA MARKET SHARE BY REGIME, 2020 VS 2027 (%)
5. GLOBAL COLD PLASMA MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
6. GLOBAL COLD PLASMA MARKET SHARE BY END-USER INDUSTRY, 2020 VS 2027 (%)
7. GLOBAL COLD PLASMA MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL LOW PRESSURE COLD PLASMA MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL ATMOSPHERIC PRESSURE COLD PLASMA MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL COLD PLASMA IN WOUND HEALING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL COLD PLASMA IN STERILIZATION & DISINFECTION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL COLD PLASMA IN COATING & FINISHING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL COLD PLASMA IN ADHESION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL COLD PLASMA IN OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL COLD PLASMA IN ELECTRONICS & SEMICONDUCTORS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL COLD PLASMA IN FOOD PROCESSING & PACKAGING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL COLD PLASMA IN MEDICAL MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL COLD PLASMA IN POLYMERS & PLASTIC MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL COLD PLASMA IN OTHER END-USER INDUSTRY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. US COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
21. CANADA COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
22. UK COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
23. FRANCE COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
24. GERMANY COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
25. ITALY COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
26. SPAIN COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF EUROPE COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
28. INDIA COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
29. CHINA COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
30. JAPAN COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
31. SOUTH KOREA COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF ASIA-PACIFIC COLD PLASMA MARKET SIZE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD COLD PLASMA MARKET SIZE, 2021-2027($ MILLION