Product Code: TIPRE00009263
The Cold Plasma Equipment Market is anticipated to grow from US$ 200.18 million in 2024 to US$ 570.15 million by 2031, reflecting a compound annual growth rate (CAGR) of 16.2% from 2031 to 2031. This growth is driven by increased research initiatives and product innovations, leading to new product introductions in the market. Furthermore, strategic partnerships among industry players are expected to be significant trends in the Cold Plasma Equipment Market.
Cold Plasma Equipment Market Analysis
The incidence and prevalence of various cancers are on the rise, alongside advancements in oncological research. Surgical oncology is increasingly recognized as a vital cancer treatment modality, particularly in the management of cancerous cells, which require cold plasma for effective coagulation. Research comparing the efficacy of cold plasma in cancer treatment indicates its potential to target and eliminate cancer cells. The action mechanism of cold atmospheric plasma suggests that reactive oxidative species (ROS) are primarily responsible for its biological effects. Given the promising role of cold plasma in cancer therapy, the cold plasma equipment market is likely to experience significant growth.
Cold Plasma Equipment Market Overview
Cold plasma is an ionized state characterized by various active elements, with applications in sterilization, wound healing, and more. The rising prevalence of chronic diseases, growth in the healthcare sector, and an increase in research activities, along with new product launches and strategic collaborations, are expected to drive market expansion. North America currently leads the market share, followed closely by Europe, while the Asia Pacific region is projected to exhibit the highest CAGR during the forecast period.
Strategic Insights
Cold Plasma Equipment Market Drivers and Opportunities
Rising Incidence of Chronic Conditions to Benefit the Market
There has been a notable rise in chronic conditions such as cancer and diabetes. Cold plasma therapy is a medical treatment that aids in various conditions, including wound healing, cancer, dermatology, and addressing diabetes-related complications like enzyme glycation, oxidative stress, inflammation, disinfection, and scar treatment. Diabetic foot ulcers, which can arise from minor injuries, are a significant concern, leading to amputations every 30 seconds globally due to diabetes. According to a report from the National Institutes of Health, the annual incidence of foot ulceration among diabetics ranges from 1.9% to 4.0%. The increasing application of cold plasma in diverse treatments is expected to further enhance the cold plasma equipment market.
The healthcare sector has seen rapid advancements in recent years, with many countries adopting advanced technologies. The demand for improved healthcare services has led to the implementation of Technology-Enabled Care (TEC) solutions in emerging economies. Factors such as an aging population, rising chronic illness rates, and pediatric care needs are driving the healthcare industry's growth, subsequently increasing the demand for cold plasma equipment.
Industry players are investing significantly in research and development to create advanced products and technologies for healthcare applications. Additionally, reimbursement provisions for various medical procedures are expected to stimulate sector growth in the future. Regulatory frameworks established by government bodies aim to enhance healthcare quality and patient safety while reducing fraud and cyber threats. Collectively, these factors are likely to create substantial opportunities for the cold plasma equipment market.
Cold Plasma Equipment Market Report Segmentation Analysis
The Cold Plasma Equipment Market analysis is derived from key segments based on regime and application.
- By regime, the market is divided into low-pressure cold plasma and atmospheric cold plasma, with the atmospheric cold plasma segment holding a larger market share in 2023.
- By application, the market is segmented into wound healing, blood coagulation, cancer treatment, dentistry, and other applications, with the wound healing segment capturing the largest market share in 2023.
Cold Plasma Equipment Market Share Analysis by Geography
The Cold Plasma Equipment Market report covers five geographic regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.
North America has been the leading region in the Cold Plasma Equipment Market, with companies continuously improving their business processes to meet customer demands for high-quality products and services. Numerous domestic and multinational companies have established a strong presence in North American countries like the U.S. and Canada. The rapid expansion of the healthcare industry in North America is expected to positively influence the demand for cold plasma equipment. Moreover, the adoption of innovative cancer treatment and wound healing methods being explored in these countries is likely to further drive market growth in North America, while the Asia Pacific region is projected to achieve the highest CAGR in the coming years.
Cold Plasma Equipment Market Report Scope
Cold Plasma Equipment Market News and Recent Developments
The Cold Plasma Equipment Market is assessed through qualitative and quantitative data obtained from primary and secondary research, including key corporate publications, association data, and databases. Recent developments in the cold plasma equipment market include:
- Relyon Plasma GmbH introduced the Relyon Plasma Piezobrush PZ3-i in 2021, aimed at providing manufacturers in the life sciences and medical sectors with a new method for automating plasma surface treatment. (Source: Intertronics, Press Release, 2022)
- Neoplas tools GmbH partnered with Japanese technology group NGK Spark Plug Co., Ltd. to develop cold plasma technology for accelerated wound healing. (Source: neoplas med GmbH, company website, 2022)
- NGK SPARK PLUG has formed a strategic alliance with neoplas med GmbH to develop advanced wound healing technologies aimed at improving patient quality of life globally, with NGK investing growth capital from its Venture Capital Fund CVC, in collaboration with Pegasus Tech Ventures.
Cold Plasma Equipment Market Report Coverage and Deliverables
The report titled "Cold Plasma Equipment Market Size and Forecast (2021-2031)" provides a comprehensive analysis of the market, covering the following areas:
- Market size and forecast at global, regional, and country levels for all key market segments included in the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis highlighting key trends, major players, regulations, and recent developments
- Industry landscape and competition analysis, including market concentration, heat map analysis, prominent players, and recent developments
- In-depth company profiles
Table Of Contents
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 and ByRegime
- 1.3.2 Global Cold Plasma Equipment Market and By Application
- 1.3.3 Global Cold Plasma Equipment Market and By Geography
2. Cold Plasma Equipment Market and Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Cold Plasma Equipment and 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 and Central America: PEST Analysis
- 4.3 Expert Opinion
5. Cold Plasma Equipment and 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 and 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
7. Cold Plasma Equipment Market Analysis and By Regime
- 7.1 Overview
- 7.2 Cold Plasma Equipment Market, By Regime (2024 and 2031)
- 7.3 Low-Pressure Cold Plasma Equipment
- 7.3.1 Overview
- 7.3.2 Low-Pressure Cold Plasma Equipment: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
- 7.4 Atmospheric Cold Plasma Equipment
- 7.4.1 Atmospheric Cold Plasma Equipment: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
8. Cold Plasma Equipment Market Analysis and By Application
- 8.1 Overview
- 8.2 Cold Plasma Equipment Market, By Application (2018 and 2031)
- 8.3 Wound Healing
- 8.3.1 Wound Healing: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
- 8.4 Blood Coagulation
- 8.4.1 Overview
- 8.4.2 Blood Coagulation: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
- 8.5 Cancer Treatment
- 8.5.1 Overview
- 8.5.2 Cancer Treatment: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
- 8.6 Dentistry
- 8.6.1 Overview
- 8.6.2 Dentistry: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
- 8.7 Other Applications
- 8.7.1 Overview
- 8.7.2 Other Applications: Cold Plasma Equipment Market andRevenue, and Forecast to 2031 (US$ Million)
9. Cold Plasma Equipment Market and Geographic Analysis
- 9.1 North America: Cold Plasma Equipment Market
- 9.1.1 Overview
- 9.1.2 North America: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.3 North America: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.1.4 North America: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.1.5 North America: Cold Plasma Equipment Market, by Country, 2024 and 2031 (%)
- 9.1.6 US: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.6.1 US: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.6.2 US: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.1.6.3 US: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.1.7 Canada: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.7.1 Canada: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.7.2 Canada: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.1.7.3 Canada: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.1.8 Mexico: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.8.1 Mexico: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.1.8.2 Mexico: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.1.8.3 Mexico: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.2 Europe: Cold Plasma Equipment Market
- 9.2.1 Overview
- 9.2.2 Europe: Cold Plasma Equipment Market - Revenue and Forecast to 2031 (USD Million)
- 9.2.3 Europe: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.2.4 Europe: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.2.5 Europe: Cold Plasma Equipment Market, by Country, 2018 and 2031 (%)
- 9.2.6 Germany: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.6.1 Germany: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.6.2 Germany: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.2.6.3 Germany: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.2.7 UK: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.7.1 UK: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.7.2 UK: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.2.7.3 UK: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.2.8 France: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.8.1 France: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.8.2 France: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.2.8.3 France: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.2.9 Spain: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.9.1 Spain: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.9.2 Spain: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.2.9.3 Spain: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.2.10 Italy: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.10.1 Italy: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.2.10.2 Italy: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.2.10.3 Italy: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.3 Asia Pacific: Cold Plasma Equipment Market
- 9.3.1 Overview
- 9.3.2 Asia Pacific: Cold Plasma Equipment Market - Revenue and Forecast to 2031 (USD Million)
- 9.3.3 Asia Pacific: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.3.4 Asia Pacific: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.3.5 Asia Pacific: Cold Plasma Equipment Market, by Country, 2018 and 2031 (%)
- 9.3.6 China: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.6.1 China: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.6.2 China: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.3.6.3 China: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.3.7 Japan: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.7.1 Japan: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.7.2 Japan: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.3.7.3 Japan: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.3.8 India: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.8.1 India: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.8.2 India: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.3.8.3 India: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.3.9 South Korea: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.9.1 South Korea: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.9.2 South Korea: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.3.9.3 South Korea: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.3.10 Australia: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.10.1 Australia: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.3.10.2 Australia: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.3.10.3 Australia: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.4 Middle East and Africa: Cold Plasma Equipment Market
- 9.4.1 Overview
- 9.4.2 Middle East and Africa: Cold Plasma Equipment Market - Revenue and Forecast to 2031 (USD Million)
- 9.4.3 Middle East and Africa: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.4.4 Middle East and Africa: Cold Plasma Equipment Market by Application - Revenue and Forecast to 2031 (USD Million)
- 9.4.5 Middle East and Africa: Cold Plasma Equipment Market Share by Country and 2024 and 2031, (%)
- 9.4.6 Saudi Arabia: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.4.6.1 Saudi Arabia: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.4.6.2 Saudi Arabia: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.4.6.3 Saudi Arabia: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.4.7 UAE: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.4.7.1 UAE: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.4.7.2 UAE: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.4.7.3 UAE: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.4.8 South Africa: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (US$ Million)
- 9.4.8.1 South Africa: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.4.8.2 South Africa: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.4.8.3 South Africa: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.5 South and Central America: Cold Plasma Equipment Market
- 9.5.1 Overview
- 9.5.2 South and Central America: Cold Plasma Equipment Market - Revenue and Forecast to 2031 (US$ Million)
- 9.5.3 South and Central America: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.5.4 South and Central America: Cold Plasma Equipment Market by Regime - Revenue and Forecast to 2031 (USD Million)
- 9.5.5 South and Central America: Cold Plasma Equipment Market, by Country, 2018 and 2031 (%)
- 9.5.6 Brazil: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.5.6.1 Brazil: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.5.6.2 Brazil: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.5.6.3 Brazil: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
- 9.5.7 Argentina: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.5.7.1 Argentina: Cold Plasma Equipment Market and Revenue and Forecast to 2031 (USD Million)
- 9.5.7.2 Argentina: Cold Plasma Equipment Market by Regime and Revenue and Forecast to 2031 (USD Million)
- 9.5.7.3 Argentina: Cold Plasma Equipment Market by Application and Revenue and Forecast to 2031 (USD Million)
10. Impact of COVID-19 Pandemic on Cold Plasma Equipment Market
- 10.1 North America: Impact Assessment of COVID-19 Pandemic
- 10.2 Europe: Impact Assessment Of COVID-19 Pandemic
- 10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
- 10.4 Rest of the World: Impact Assessment of COVID-19 Pandemic
11. Cold Plasma Equipment Market - Industry Landscape
- 11.1 Overview
- 11.1.1 Recent Developments by Players in The Cold PlasmaEquipmentMarket
12. Cold Plasma Equipment Market and Key Company Profiles
- 12.1 Neoplas Tools GmbH
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Nordson Corporation
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Plasmatreat GmbH
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Adtec Healthcare
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Apyx Medical
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Henniker Plasma
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 terraplasma medical GmbH
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 TheraDep Technologies, inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Tantec A/S
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 EuroplasmaNV
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms