Global Cold Plasma Industry is set to achieve a 14.3% CAGR growth by 2033, driven by advancements in healthcare and food processing, according to FMI

Cold Plasma Industry
Cold Plasma Industry

Future Market Insights, a leading player in the thrilled to announce the impressive growth projections for the global cold plasma market, according to estimates by Future Market Insights (FMI). The data suggests that the net worth of total cold plasma to be sold worldwide is anticipated to generate a substantial revenue of US$ 2469.5 million in 2023.

FMI’s research further highlights the robust trajectory of the global cold plasma market, indicating a projected market size of US$ 9380.9 million by 2033. This growth is expected to occur at a remarkable Compound Annual Growth Rate (CAGR) of 14.3%. The expanding market reflects the increasing adoption of cold plasma technology across various industries, showcasing its versatility and impact.

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Cold plasma technology, especially in the form of portable devices, has gained significant traction across medicinal, bioengineering, and food processing sectors. This innovative technology offers a range of applications in these fields, contributing to enhanced efficiency, safety, and quality standards.

One noteworthy application of cold plasma is in the life sciences domain, where atmospheric pressure cold plasma has found diverse applications. Researchers and industry professionals have recorded numerous successful applications, demonstrating the technology’s potential in various life sciences applications.

Future Market Insights has been at the forefront of leveraging cold plasma technology to create cutting-edge solutions that address the evolving needs of our clients. With a commitment to innovation and excellence, Future Market Insights continues to play a pivotal role in shaping the landscape of the global cold plasma market.

“We are excited about the immense potential of cold plasma technology, and our team at Future Market Insights remains dedicated to pushing the boundaries of what is possible. The FMI estimates underscore the growing importance of cold plasma in diverse sectors, and we are well-positioned to capitalize on this trend,” said Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.).

As Future Market Insights continues to drive innovation in the cold plasma space, the company looks forward to contributing significantly to the projected market growth and maintaining its leadership position in the industry.

Key Takeaways:

  • Low temperature atmospheric pressure plasma to capture the lion’s share during the forecast period
  • Food processing & packaging slated to expand impressively due to increased awareness regarding food contamination due to surface pathogens
  • Administration for healing chronic wounds to experience immense white spaces in terms of application
  • North America to retain market hegemony, Asia-Pacific offer lucrative prospects in the textile industry

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Competitive Intelligence:

Prominent players within the global cold plasma market include:

  • Nordson Corporation
  • Europlasma NV
  • Plasmatreat GmBh
  • Terraplasma Medical GmBh
  • Henniker Plasma
  • US Medical Innovations
  • Molecular Plasma Group
  • Nordson Corporation
  • Adtech Plasma Technology Co Ltd.
  • Smith & Nephew plc.
  • Thierry Corporation

In February 2020, Adtech Plasma Technology initiated a new project in collaboration with Hull York Medical School for testing gas plasma on osteomyelitis bone infections. The project will assist in establishing a laboratory testing model for evaluating and optimizing plasma treatment for osteomyelitis biofilm infections.

Plasma treat has deployed a prototype cleaning station in conjunction with the Bavarian Red Cross for disinfecting single-use protective clothing for frontline COVID-19 healthcare workers.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Cold plasma Market: Segmentation:

Regime Type:

  • Low-pressure
  • Atmospheric pressure

Application:

  • Wound Healing
  • Cancer Treatment
  • Blood Coagulation
  • Dentistry
  • Packaging Decontamination
  • Food Surface Decontamination
  • Wastewater Treatment
  • Seed Germination

Technology:

  • Remote Treatment
  • Direct Treatment
  • Electrode Contact

End-user:

  • Medical Industry
  • Textile Industry
  • Electrical & Electronic Industry
  • Food & Agriculture Industry

Region:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani   

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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