16.2% CAGR growth by 2023 in Cold Plasma in Healthcare Market| Key Players - Enercon Industries Corporation, Europlasma NV, Henniker Plasma Treatment, Neoplas Tools GmbH, Nordson Corporation, P2I Limited, amongst others.

North America to Maintain Lead in the Market

Europe accounted for the largest share of the global market, followed by North America, Asia-Pacific. The large share of Europe in the global market can be attributed to the presence of a large number of cold plasma companies and growing R&D work in Germany. The Asia-Pacific market is expected to register the highest growth during the forecast period, primarily due to the growing demand for cold plasma technology in China, India, Japan, and South Korea, among other APAC countries.

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The use of cold plasma allows an effective medical treatment of various skin injuries and diseases (e.g., wounds, bacterial super infections). Plasma application in dentistry and CAP use for cancer treatment are becoming more and more important research fields in plasma medicine. A further in-depth knowledge of control and adaptation of plasma parameters and plasma geometries is needed to obtain suitable and reliable plasma sources for the different therapeutic indications and to open up new fields of medical application. But still there is lack of awareness about Cold Plasma Technology in Healthcare Industry.

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Market Segments:
Cold plasma in healthcare market is segmented by:
1. Application: Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, Other Medical Applications
2. Regime: Low-Pressure Cold Plasma, Atmospheric Cold Plasma
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market:
• January 2018 u2013 The U.S. Food and Drug Administration and the Department of Defense launch joint program to prioritize the efficient development of safe and effective medical products which include cold plasma technology intended to save the lives of American military personnel.
• February 2018 u2013 Researchers at the University of Liverpool are developing an innovative device that uses cold plasma technology to tackle the problem of airborne allergens in the home.

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