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Cold Plasma Market 2024 : Trends, Business Growth And Major Driving Factors | Ethicon Inc., Baxter International Inc., 3M Company, Smith & Nephew plc., Nordson Corporation
Cold Plasma Global Market Report
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Cold Plasma industry. This report on Cold Plasma market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The cold plasma market size has grown rapidly in recent years. It will grow from $2.73 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to rise in medical and healthcare sectors, growth in food industry, rise in aviation sector, emerging markets. The cold plasma market size is expected to see rapid growth in the next few years. It will grow to $5.96 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%.
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Key Market Players:
Ethicon Inc., Baxter International Inc., 3M Company, Smith & Nephew plc., Nordson Corporation, Plasma Etch Inc., Adtech Plasma Technology Co. Ltd., P2i Limited, Relyon Plasma GmbH, Henniker Plasma Treatment, Enercon Industries Corporation, AcXys Plasma Technologies, Plasmatreat GmbH, Europlasma NV, SOFTAL Corona & Plasma GmbH, UNIQAIR Technologies Ltd., CINOGY System GmbH, neoplas med GmbH, Leaflife Technology Co. Ltd., Nova Plasma Ltd., Tantec A/S, Thierry Corporation, Surfx Technologies LLC, Coating Plasma Innovation, Ferrarini & Benelli Srl, terraplasma GmbH, Molecular Plasma Group, Advanced Plasma Solutions Co. Inc., PlasmaLeap Technologies, US Medical Innovations LLC, COMET Plasma Control Technologies
Market Drivers:
According to the Cold Plasma Market Report 2024 by The Business Research Company, the key factors driving the growth of the Cold Plasma market, includes the increased use of cold plasma technology across various industries is expected to propel the growth of the cold plasma market. 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.
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Market segments for Cold Plasma include:
1) By Regime: Atmospheric Cold Plasma, Low-Pressure Cold Plasma
2) By Technology: Remote Treatment, Direct Treatment, Electrode Contact
3) By Application: Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, Other Medical Applications
4) By End Use Sector: Automotive, Electronics & Semiconductors, Food Processing & Packaging, Medical, Aerospace, Polymers & Plastics, Other End-User Sector
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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