Global Cold Plasma Market Share Estimated to Reach USD 5.44 Billion by 2030, at 14.9% CAGR Growth
The report “Cold Plasma Market Share, Size, Trends, Industry Analysis Report, By Application (Surface Treatment, Sterilization & Disinfection, Coating, Finishing, Adhesion, Wound Healing, Others); By End-Use; By Regime; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global cold plasma market size is expected to reach USD 5.44 billion by 2030 according to a new study by Polaris Market Research.
Cold plasma destroys extremely stable multi-resistant microorganisms, preventing infectious illnesses and nosocomial infections. Protective gear and sterile fabrics were in short supply during the COVID pandemic. Garments can be extended by using cold plasma or ozone-generating plasma. It can also reduce microbes during the hydrophilization process in the textile sector for gloves, PPE kits, and masks.
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The cold plasma treatment technology was shown to decontaminate filtering masks respirators while not interfering with their performance. After applying microdroplets containing SARS-CoV-2, the virus that produces COVID-19, to sample masks, the gear was sterilized with a power processing system combined with a surface electrical discharge plasma generator. Masks were satisfactorily decontaminated after five minutes of treatment without affecting filter performance.
Furthermore, cold plasma-activated media can safely and effectively disinfect a wide range of surfaces, including skin and medical PPE, providing a cost-effective sterilizing solution without the price and complexity of maintaining supplies and supply lines required for conventional techniques.
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Based on the application, the wound healing segment accounted for the leading share in the market in 2021. These can kill germs, even drug-resistant bacteria, to avoid further infection rate and hence assists in treating chronic wounds and thus is projected to hold a high market share. It has also been shown to speed up wound healing and prevent additional problems.
The demand for the industry is increasing as COVID-19 levels rise. According to the World Health Organization, over 1.3 million people worldwide die each year due to various accidents and wrecks. As a result of the enormous number of trauma and wound treatment cases observed each year, the adoption rate of the industry for the healing process across hospitals and healthcare facilities is predicted to be significant.
Top Market Players
Market players such as Nordson Corporation, Adtec Plasma Technology Co., Ltd., Apyx Medical, AcXys Plasma Technologies, Enercon Industries Corporation, Europlasma N.V., Thierry Corporation, Henniker Plasma, Neoplas GmbH, Tantec A/S, P2i Limited, Plasmatreat GmbH, Softal Corona & Plasma Gmbh, Surfx Technologies, LLC, and Coating Plasma Innovation are some key players operating in the global market.
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Polaris Market Research has segmented the cold plasma market report based on end-user, regime, application, and region:
Cold Plasma, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
- Automotive
- Electronics & Semiconductors
- Food Processing & Packaging
- Medical
- Aerospace
- Polymers & Plastics
- Others
Cold Plasma, Regime Outlook (Revenue – USD Billion, 2018 – 2030)
- Low Pressure
- Atmospheric Pressure
Cold Plasma, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Surface Treatment
- Sterilization & Disinfection
- Coating
- Finishing
- Adhesion
- Wound Healing
- Others