Scope & Demand Forecast For Cold Plasma Market by 2023 | Baxter, Ethicon, Covidien, Coloplast

Cold plasma, also called non-equilibrium plasma or non-thermal plasma, is a plasma classification, and is considered as the fourth state of matter. It has numerous applications in bioengineering, medical and therapeutic. Cold plasma is used for the sterilization of biomedical surfaces, the treatment of living biological tissues and the superficial modification of biomedical devices and materials, due to its antimicrobial and bactericidal properties.

The global cold plasma market is driven by a lower water requirement for the process that reduces the cost of wastewater treatment; medical applications, such as improvement of tissue repair, control of bleeding, destruction of cancer cells; and its application in the packaging industries.

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However, the huge capital that is incurred to implement cold plasma technology is a key obstacle to the market. On the contrary, the growing need for medical research to develop the treatment of lung, bladder, skin and breast cancer offers lucrative opportunities for market growth.

The global cold plasma market is segmented according to the industrial application, the regime and the region. Based on the application, it is classified in the medical and food and agricultural industry. On the basis of the regime, it is classified into cold plasma of low pressure and atmospheric cold plasma. The market is analyzed in four regions, namely North America, Europe, Asia-Pacific and LAMEA.

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Market Players:

• Ethicon Inc.
• Baxter International Inc.
• 3M Company
• Covidien PLC. (Medtronic plc.)
• Coloplast A/S
• Smith & Nephew plc.
• Nordson Corporation
• Plasma Etch Inc.

Key Benefits of Market:

• The report presents the market analysis of the global cold plasma market together with the regional trend and future estimates.

• It provides extensive information on the market segments from 2016 to 2023 to understand market dynamics.

• The key factors that drive, hinder or provide opportunities to the market are provided in the report.

• The report provides a competitive picture of the industry together with the analysis of the profile of the market players.

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