Cold Plasma Market Size To Reach $358.1 Million By 2030

Cold Plasma Market Growth & Trends

The global cold plasma market size is expected to reach USD 358.1 million by 2030 at a strong CAGR of 15.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing use of cold plasma in medical treatment and rising cases of Hospital-Acquired Infections (HAI) are the key driving factors for the global market. In healthcare industry, plasma technology has been in use for some time and it continues to help improve various treatments. One of the major properties of cold plasma is the ability to kill bacteria and prevent infection. Therefore, it acts as an effective healing solution. It also accelerates healing process and prevent patient from discomfort.

Cold plasma is used in the treatment of chronic wounds and burns. The bacterial cells, including Multidrug Resistant (MDR) bacteria, are instantly killed after being exposed to cold plasma. As per an article published by the Medical Xpress, Med Tech Europe, around 4.0 million people in Europe suffer from non-healing wounds every year. It also reported that a burn patient in Germany was treated using prototype plasma treatment. Moreover, as per a research published by The National Center for Biotechnology Information (NCBI), a patient suffering with two second-degree burns was treated with cold plasma, which healed the itching and pain and presented new tissue after the second treatment. Such cases are anticipated to promote the usage of cold plasma in various wound treatments.

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Cold Plasma Market Report Highlights

• The atomic pressure product segment led the market and accounted for the largest revenue share of 65.5% in 2023. This growth is attributed to the heavy utilization of atmospheric pressure cold plasma technology in various applications such as electronics, manufacturing, health care, etc.

• The wound healing application segment dominated the market and accounted for the largest revenue share of 31.0% in 2023.

• The North America cold plasma market dominated the global market and accounted for the largest revenue share of 41.3% in 2023.

Cold Plasma Market Segmentation

Grand View Research has segmented the global cold plasma market on the basis of pressure, application, and region:

Cold Plasma Pressure Outlook (Revenue, USD Million, 2018 - 2030)

• Low-Pressure Cold Plasma

• Atmospheric Pressure Cold Plasma

Cold Plasma Application Outlook (Revenue, USD Million, 2018 - 2030)

• Wound Healing

• Blood Coagulation

• Dentistry

• Cancer Treatment

• Other Medical Applications

Cold Plasma Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • South Africa

  • Kuwait

List of Key Players in the Cold Plasma Market

• Bovie Medical Corporation

• Neoplas Med GmbH

• Europlasma NV

• P2i Ltd.

• US Medical Innovations;

• Apyx Medical.

• Adtec Healthcare Limited.

• terraplasma medical GmbH

• CINOGY System GmbH