Cold Plasma Market to Reach USD 9.24 Billion by 2030, Growing at a CAGR of 17.3%
Cold Plasma Market Size to Reach USD 9.24 Billion by 2030, Growing at a CAGR of 17.3%
Summary: The global cold plasma market is set to experience significant growth, with a projected compound annual growth rate (CAGR) of 17.3% from 2024 to 2030. The market, valued at USD 3.02 billion in 2023, is expected to reach nearly USD 9.24 billion by 2030. This growth is driven by the increasing application of cold plasma in various sectors such as wound healing, blood coagulation, and dentistry.
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Market Size:
The cold plasma market was valued at USD 3.02 billion in 2023 and is anticipated to grow substantially over the forecast period. The global market is projected to reach USD 9.24 billion by 2030, growing at an impressive CAGR of 17.3%. The market is witnessing robust demand across a range of industries, including medical and healthcare, where cold plasma is used in wound healing, cancer treatment, and blood coagulation. These applications, along with the growing industrial uses, are expected to drive the market’s expansion.
Scope and Research Methodology:
Maximize Market Research has conducted an exhaustive study to evaluate the growth and trends within the cold plasma market. The research methodology includes primary and secondary data sources to provide an in-depth analysis of market size, segmentation, competitive dynamics, and regional factors that influence the growth. Both top-down and bottom-up approaches were employed for market estimation and forecasting.
Report Coverage:
The study covers the competitive landscape, detailed company profiles, market trends, and segmentation by pressure (atmospheric pressure, low-pressure) and application (wound healing, blood coagulation, cancer treatment, dentistry). The report also includes an assessment of market dynamics, including key drivers and challenges, that influence market growth.
Overview:
Cold plasma technology is a rapidly growing field with applications in healthcare, medicine, and industry. Cold plasma is used in non-thermal sterilization, as well as in wound healing and cancer treatments. This market is also expanding in industrial applications, such as surface modification and material processing.
Dynamics:
The growth of the cold plasma market is driven by its versatility in medical applications. In particular, its effectiveness in wound healing and blood coagulation is propelling its adoption in healthcare. Moreover, its use in cancer treatment is gaining traction. Technological advancements in plasma generation and its increasing application in various industries are further boosting the market.
Segmentation:
By Pressure:
Atmospheric Pressure
Low-Pressure
By Application:
Wound Healing
Blood Coagulation
Dentistry
Cancer Treatment
Other
Key Players Include:
Apyx Medical Corporation (US)
Nordson Corporation (US)
Enercon Industries (US)
Plasmatreat USA, Inc. (US)
Thierry Corporation (US)
Surfx Technologies (US)
Advanced Plasma Solutions (US)
US Medical Innovations (US)
UNIQAIR Technologies (Canada)
SOFTAL Corona & Plasma (Germany)
Relyon Plasma GmbH (Germany)
Neoplas GmbH (Germany)
Terraplasma GmbH (Germany)
Molecular Plasma Group (Germany)
CINOGY Technologies GmbH (Germany)
Henniker Plasma (UK)
AcXys Plasma Technologies (France)
Coating Plasma Innovation (France)
Ferrarini & Benelli Srl (Italy)
COMET Plasma Control Technologies (Switzerland)
Reason to Buy:
The cold plasma market offers significant growth potential due to its diverse applications in the healthcare and industrial sectors. Key players in the market are investing heavily in research and development to expand the technology’s use, providing opportunities for businesses to capitalize on emerging trends. This report is essential for stakeholders looking to understand the market’s dynamics, explore strategic opportunities, and gain a competitive edge.
Table of Contents:
Market Overview
Research Methodology
Market Dynamics
Market Segmentation
Key Players and Competitive Landscape
Regional Analysis
Impact of COVID-19
Future Market Trends and Forecasts
Conclusion
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