Cold Plasma Equipment Market Key Market Opportunities and Future Trends - Plasmatreat, Tantec, Europlasma, Apyx Medical, neoplas tools, TheraDep Technologies

Cold plasma is proved very effective in the biomedicine. Cold plasma is used in many medical treatments such as, wound healing, cancer, dermatology, atmospheric plasma on diabetes-induced enzyme glycation, oxidative stress, and inflammation, disinfection and scar treatment. Cold plasma's ability to kill bacteria, including the drug-resistant bacteria, to avoid further infection, helps in chronic wounds. This accelerates the process of wound healing and prevents further complications and the related discomforts. Although there are many other treatment methods for wound healing, it is expected that cold plasma therapy is one of the most effective ways. Plasma sources used in plasma medicine are typically "low temperature" plasma sources operated at atmospheric pressure. In this context, low temperature refers to temperatures similar to room temperature, usually slightly above. Increasing in cases of diabetes, wound and other inflammation, is growing the market. According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period.

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The cold plasma equipment market was valued at US$ 96.67 million in 2019 and is expected to grow at a CAGR of 15.7% from 2020 to 2027 to reach US$ 308.14 million by 2027.

Cold plasma is also called as non-thermal plasma and used in wide range of applications in various industries including medical, food and biomedical industries. It is a powerful tool which is used to provide antimicrobial treatment for foodstuffs and food packaging materials. The invention to develop the technology is to develop in-package decontamination. The cold plasma technology offers non-thermal treatment of foods post-packaging. The global cold plasma equipment market is being driven by factors such as rising use of cold plasma in medical treatment, increasing hospital acquired infections (HAI), and government initiatives for prevention of healthcare associated infections (HAIs). On the other hand, growing global healthcare industry is likely to offer significant opportunity for the growth of the global cold plasma equipment market during the forecast period.

Some of the prominent players operating in cold plasma equipment market are, Nordson Corporation, Plasmatreat GmbH, Adtec Healthcare, Henniker Plasma, Europlasma NV, Tantec GmbH, TheraDep Technologies, Inc., terraplasma medical GmbH, Apyx Medical and neoplas tools GmbH. The market players are focused towards gaining significant funding and investment for development of new products in order to sustain their position in the market. For instance, in September 2017, US Medical Innovations (USMI) and George Washington University entered into an agreement to launch a new plasma based cancer therapy.

The cold plasma equipment market is bifurcated on basis of regime into low-pressure cold plasma, atmospheric cold plasma. Cold plasma (or non-equilibrium plasma) is the plasma in which the temperature of the constituents varies from one another. Cold plasma equipment therapy provides a new way to keep hospital patients safe from infections. In 2019, the atmospheric cold plasma equipment dominated the market by regime type contributing a significant share in the market. This attributes to the advantages offered by atmospheric plasma as it is a dry process, requires little energy and economic advantages offered over traditional processing techniques.

Factors such as rising use of cold plasma in medical treatment, increasing hospital acquired infections (HAI), and development of innovative methods for treatment of cancer through cold plasma are expected to augment the growth of the market. In addition, increasing global healthcare investments is likely to have a positive impact on the growth of the market in the coming years.

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Table of Content:

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Cold Plasma Equipment Market – By Regime
1.3.2 Global Cold Plasma Equipment Market – By Application
1.3.3 Global Cold Plasma Equipment Market – By Geography
2. Cold Plasma Equipment Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Cold Plasma Equipment – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America: PEST Analysis
4.2.2 Europe: PEST Analysis
4.2.3 APAC: PEST Analysis
4.2.4 MEA: PEST Analysis
4.2.5 South & Central America: PEST Analysis
4.3 Expert Opinion
5. Cold Plasma Equipment – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising use of cold plasma in medical treatment
5.1.2 Increasing hospital acquired infections (HAI)
5.1.3 Rising application of cold plasma in cancer treatment
5.2 Market Restraints
5.2.1 Adverse effects of cold plasma
5.2.2 Lack of reimbursement
5.3 Key Market Opportunities
5.3.1 Growth in the global healthcare market
5.4 Future Trends
5.4.1 Research activities and product innovations
5.5 Impact Analysis of Drivers and Restraints
6. Cold Plasma Equipment Market – Global Analysis
6.1 Global Cold Plasma Equipment Market Revenue Forecast And Analysis
6.2 Global Cold Plasma Equipment Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players

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