Cold Plasma Market Overview and Introduction

Plasma is a partially ionized gas that contains equal numbers of positive &negative particles. Cold plasma is plasma where the electron temperature is relatively high while the translational energy of heavy particles remains very low at a temperature similar to the room temperature and the ionization degree is typically low. Several different gases, including helium, argon, nitrogen, heliox, among others, can be used to produce cold atmospheric plasma. Applications of cold plasma include adhesion, packaging, decontamination, wound healing, and dentistry, among others.

The global cold plasmamarket is driven byincreasing applications of cold plasma in medical industries including the treatment of cancer. Moreover,increasing safety concerns regarding the decontamination of packaged food products and innovative techniques in theproduction processes oftextile industries as well as other end use industrieshave been pivotal in contributing to the extensive growth of the global cosmetic laser market. However, high capital investments for developmentsin thecold plasma technology arelikely to restrain market growth to a certain extent.

The globalcold plasmamarket is segmented by industry,application,regime, and region.

Cold Plasma Market By Industry

Based onindustry, thecold plasmamarket can besegmentedinto textile, food & agriculture, medical, polymer & plastic, electronic & semiconductor,and others. The medical industry segment has the following sub-segments – wound healing, dentistry, blood coagulation, cancer treatment, and others. The medical industry segment is anticipated to grow at a higher CAGR during the forecast period owing to factors such as increasing research and studies regarding the use ofcold plasma in the treatment of cancers of the skin, breasts, and lungs, among others.

Cold Plasma Market By Regime

Based on regime, the market can besegmented intolow-pressure cold plasma and atmospheric cold plasma.The low-pressure cold plasma segment is anticipated to hold the largest market share in 2019 owing to increasing applications of low-pressure cold plasma in textile industries, medical industries and in themanufactureof semiconductors, among others.

Cold Plasma Market By Region

The globalcold plasmamarket can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW).North America dominated the cold plasma market followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness the highest CAGR during the forecast period. This growth can be attributed to factors such as rising economies in emerging countries such as China, Thailand, Japan, and India, growing manufacturing facilities of textiles and the increasing demand forfrozen food in this region.

Cold Plasma Market Prominent Players

Some of the prominent players in the globalcold plasmamarket includeApyx Medical, Nordson Corporation, P2i Ltd, Plasmatreat GmbH, Henniker Plasma, Tantec Group, AcXys Technologies, PlasmaLeap Technologies, Adtec Plasma Technology Co., Ltd., and APS,among others.