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Global Cold Plasma Market Size, Trends, and Analysis- Forecasts To 2026 By End-User Industry (Textiles & Fabrics, Semiconductor & Electronics, Polymer & Plastic, Food & Beverage, Agriculture, and Healthcare), Application (Etching, Adhesion, and Wound Healing), Regime (Atmospheric Cold Plasma, Low-Pressure Cold Plasma), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
The growing usage of cold plasma technology, rising technical advancements made to the technology, and rising demand for CP therapy in the end-user industry will drive the market heavily.
One of the major reasons for this technology to make its way in the healthcare industry is its ability to kill bacteria, prevent infection, and heal wounds and burns. Hence, being an effective treatment procedure, it also accelerates the healing process and helps avoid patient discomfort from pain. Therefore, the rising use of cold plasma in the healthcare industry (medical technology) is the major reason for the market to grow exponentially. The therapy is also used for dry processing, finalizing, and functionalization of textile materials, making its vital place in the textile industry. CP therapy is a non-thermal food processing technique that is used to inactivate the contaminating germs and micro-organisms on food and poultry products. Hence, rising concerns related to the safety of food items will help the market grow from 2021 to 2026.
Textiles & fabrics, semiconductor & electronics, polymer & plastic, food & beverage, agriculture, and healthcare industry are the market segment as per the end-user analysis. The healthcare industry would be the dominating segment owing to the widespread application of CP therapy in wound and burn care management, wound healing of dental injuries, and blood coagulation cases.
As per the application outlook, the market is segmented into adhesion, etching, & wound healing. The wound healing segment will be the fastest-growing segment owing to the rising demand for CP therapy in both human and animal medical treatment, as CP is one of the innovative approaches for chronic conditions.
The market is broadly segmented into atmospheric and low-pressure cold plasma as per the regime outlook. The low-pressure CP therapy will be dominant as well as the fastest-growing segment. This is highly attributed to the high bactericidal properties and minimum to no surface ablation.
As per the regional analysis, the North American market is estimated to be the most dominant market in 2020. However, on the other hand, the Asia Pacific region will be the fastest-growing one. This is mainly due to the rising demand for CP therapy in the food & beverage, agriculture, and textile and fabric industries. Japan, India, and China being the major hubs for the above-mentioned industry are the major contributor to the APAC region as a whole to grow exponentially. Also, the rising demand for packet and frozen food, increasing food safety concerns, and rising technical advancements in the textile manufacturing process will help the APAC market grow profoundly.
Nordson Corporation, Apyx Medical Corporation, Adtec Plasma Technology Co. Ltd., Henniker Plasma, Relyon Plasma GmbH, Enercon Industries, Plasmatreat, Acxys Plasma Technologies, Tantec A/S, Europlasma, Surfx Technologies LLC, Thierry Corporation, SOFTAL Corona & Plasma, Ferrarini & Benelli, Coating Plasma Innovation, Neoplas GmbH, Molecular Plasma Group, Terraplasma GmbH, CINOGY GmbH, UNIQAIR Technologies, Advanced Plasma Solutions, and PlasmaLeap Technologies are the major vendors competing in the cold plasma market.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Cold Plasma Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Cold Plasma Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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