Cold Plasma Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Cold Plasma Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : September, 2020 | Medical Devices | PPT format

Report Digest


Global Cold Plasma Market: Snapshot

Cold plasma, additionally called non-warm plasma or non-balance plasma, is a sort of plasma—ordinarily known as the fourth condition of issue—which has gas particles show at direct temperature and electrons at moderately high temperatures. The properties of plasma have been widely looked into in the course of recent decades and an extensive number of front line utilizations of cold plasma innovation has exuded.

Cold plasma isn't in thermodynamic balance either because of distinction in particle and electron temperature or if speed dispersion of species does not take after Maxwell Boltzmann circulation. These are known as fourth condition of issue that has electrons at high temperature and gas atoms at direct temperature. It has wide applications in helpful, medicinal and bioengineering section. These are utilized for sanitizing biomedical surfaces, and treatment of natural tissues inferable from their antimicrobial and bacterial properties. Additionally, cold plasma advancements have wide applications in water sanitization and material generation. All the more as of late, cold plasma treatments have discovered promising applications for regarding different growth sorts, for example, lung, cerebrum, breast and skin.

Several ongoing advancements in cold plasma innovation, rising interest for eco-accommodating items, expanding utilization of cold plasma in nourishment bundling industry, presentation of stringent wellbeing models in different businesses including sustenance security, and developing requirements for solidified sustenance are a portion of the development drivers of the cold plasma market.

Cold plasma, also called non-thermal plasma or non-equilibrium plasma, is a type of plasma—typically known as the fourth state of matter—which has gas molecules present at moderate temperature and electrons at relatively high temperatures. The properties of plasma have been extensively researched over the past few decades and a large number of cutting-edge applications of cold plasma technology has emanated. 

Cold plasma has a variety of medical, therapeutic, and bioengineering applications. Owing to their bactericidal and antimicrobial properties, cold plasmas find wide applications in surface modification of biomedical devices and materials, sterilization of biomedical surfaces, and treatments of living biological tissues. In addition, non-thermal plasma technologies have wide applications in water sterilization and textile production. More recently, cold plasma therapies have found promising applications for treating various cancer types such as lung, breast, skin, and brain. 

Cold Plasma Market: Trends 

The cold plasma market is majorly propelled by a wide range of applications across various industry verticals such as biotechnology, medical devices, and food manufacturing. 

The spiraling need for fresh food produce worldwide has spurred the need for decontamination technologies for inactivating microbes on various food products such as meats, fruits, and vegetables. The soaring popularity of atmospheric cold plasma technology in food manufacturing and processing industries is due to its efficacy in killing microorganisms without altering the physicochemical and sensory properties of the food items. 

A host of emerging applications in life sciences, such as in the treatment of surgical and traumatic wounds, and their increasing commercialization are expected to open up lucrative market avenues along the forecast period. 

Cold Plasma Market: Market Potential 

Recent researches in cold plasma technology point to the vast potential of the market in primarily two areas: food safety improvement and treatment of chronic wounds.

Researchers at the United States Department of Agriculture (USDA) have projected a new cold plasma treatment, also referred to as ‘purple blow torches’, as the next big thing in food safety innovation. Scientists, including a microbiologist at the U.S. Department of Agriculture’s Eastern Regional Research Center, have confirmed that cold plasma can effectively kill pathogens such as Salmonella and E. coli.

USDA researchers demonstrated that over 99.9 percent of the two viruses can be killed within a couple of minutes. Blueberries were chosen since they are increasingly susceptible to contamination by biological hazards in pre-harvest as well as post-harvest stages. In addition, since they are mostly consumed raw, decontamination is even more essential before they are packaged. The technology, researchers believe, can significantly extend the shelf-life of blueberries by retarding the spoilage rate, without affecting their nutritional benefits. 

The commercialization of this technology calls for more researches and its benefits are being studied extensively. In the not-so-distant future, trailblazing researches in cold plasma technology to develop environmental-friendly and sustainable decontamination processes to prevent cross-contamination and microbiological spoilage are expected to unlock exciting opportunities for market players. This is expected to transform the food industry. 

Cold Plasma Market: Regional Outlook 

Europe and North America are anticipated to show impressive growth of the cold plasma market over the forecast period. Large presence of regional and global biotechnology companies that are actively harnessing the capabilities of cold plasma technology is anticipated to create abundant opportunities for several market players. Furthermore, the presence of cold plasma equipment manufacturers and suppliers is expected to fuel the regional markets along the forecast period. 

However, Asia Pacific is expected to exhibit lucrative opportunities for companies in the cold plasma market. The significant growth is attributed to continuous advancement in plasma technologies, leading to numerous applications of cold plasma in the textile industry. In addition, vast developments in medical infrastructure have stimulated the demand for cold plasma technologies in surgical and therapeutics applications. 

Cold Plasma Market: Competitive Landscape 

Prominent players are investing in R&D activities related to cold plasma technology. Big companies are adopting mergers and acquisitions as the prime strategy to occupy a sustained market share across major geographic regions. Leading players operating in this market include Nordson Corporation, Plasmatreat GmbH, Bovie Medical Corporation, Neoplas Tools GmbH, Enercon Industries Corporation, Europlasma NV, Adtec Plasma Technology Co., Ltd., and P2i.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?