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Cold Plasma Market Forecast 2023-2032 Research By Top Industry Players - Ethicon Inc., Baxter International Inc., 3M Company, Smith & Nephew plc., Nordson Corporation
Cold Plasma Market Forecast
The Business Research Company's Cold Plasma Global Market Report 2023 identifies the increased use of cold plasma technology across various industries as the major driver for the Cold Plasma market's growth in the forecast period. Cold plasma technology is becoming more popular in medical and industrial applications such as healthcare devices and diagnostics. Cold plasma therapy is also being promoted as a viable treatment for the continuing COVID-19 outbreak. Cold plasma has the potential to kill bacteria, especially drug-resistant bacteria, preventing further infection and aiding in the treatment of chronic wounds. Cold plasma can help in the hydrophilization process in the textile industry in the treatment of protective clothing and sterile materials to reduce microorganisms.
The global cold plasma market size grew from $2.35 billion in 2022 to $2.72 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cold plasma market size is expected to grow to $4.99 billion in 2027 at a CAGR of 16.5%.
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Major competitors in the Cold Plasma market are Ethicon Inc., Baxter International Inc., 3M Company, Smith & Nephew plc., Nordson Corporation, Plasma Etch Inc., Adtech Plasma Technology Co., P2i Ltd., Relyon Plasma GmbH, Henniker Plasma, Enercon Industries, AcXys Plasma Technologies, Plasmatreat, Europlasma, SOFTAL, and UNIQAIR Technologies.
A key trend in the Cold Plasma market includes increasing technological advancements. For instance, in June 2021, Nordson Corporation, a US-based developer and manufacturer of dispensing equipment, launched MARCH MegaVIATM Plasma Treatment System for large panels in printed circuit board manufacturing. The new MegaVIATM system delivers greater panel loading by more than 54% with only a 2% increase in footprint and overall dimensions of 1652mm W x 1782mm D x 2326mm H. High process reproducibility and plasma treatment uniformity for PCB panels are provided by the new platform.
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https://www.thebusinessresearchcompany.com/report/cold-plasma-global-market-report
The Cold Plasma market is segmented -
By Regime: Atmospheric Cold Plasma, Low-Pressure Cold Plasma
By Technology: Remote Treatment, Direct Treatment, Electrode Contact
By End Use Sector: Automotive, Electronics & Semiconductors, Food Processing & Packaging, Medical, Aerospace, Polymers & Plastics, Other End-User Sector
By Application: Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, Other Medical Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Cold Plasma market.
The Business Research Company's "Global Cold Plasma Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cold Plasma Market Include:
1. Executive Summary
2. Cold Plasma Market Characteristics
3. Cold Plasma Market Trends And Strategies
4. Cold Plasma Market - Macro Economic Scenario
5. Cold Plasma Market Size And Growth
……
26. Africa Cold Plasma Market
27. Cold Plasma Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cold Plasma Market
29. Cold Plasma Market Future Outlook and Potential Analysis
30. Appendix
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