Cold Plasma Market Growth to be Driven by Emerging Trends | $6.93 Billion by 2029

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What is the Projected Market Size of the Cold Plasma Industry?
In recent times, there has been a swift expansion in the size of the cold plasma market. The market, which was valued at $3.16 billion in 2024, is projected to increase to $3.62 billion in 2025, indicating a compound annual growth rate (CAGR) of 14.7%. The notable growth observed in the historical period is largely due to the progression in the medical and healthcare sectors, expansion in the food industry, growth in the aviation sector and the emergence of new markets.

What Will Be the Size of the Cold Plasma Market by 2029?
In the following years, a swift expansion is projected for the cold plasma market. The market is anticipated to escalate to $6.93 billion by 2029, witnessing a Compound Annual Growth Rate (CAGR) of 17.6%. Factors such as the escalating demand for water and air purification, growth in the electronics industry, increased research and development efforts, and government support can justify the growth during this forecast period. The forecast period is also expected to see trends including environmental friendly and sustainable developments, infusion of nanotechnology, development of compact and mobile devices, integration of AI and automation, and collaboration within the industry.

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What Are the Key Drivers Accelerating Growth in the Cold Plasma Market?
Cold plasma technology is witnessing increased application across diverse industries, which is fuelling the growth of the cold plasma market. It is gaining significant popularity in medical and industrial arenas such as healthcare devices and diagnostics. Amid the ongoing COVID-19 pandemic, cold plasma therapy is being presented as an effective treatment option. Cold plasma possesses the capability to eliminate bacteria, including ones resistant to drugs, preventing subsequent infections and facilitating the treatment of long-term wounds. The textile industry also finds the utility of cold plasma in the hydrophilization process in treating protective clothing and sterile materials to minimize microorganisms. For instance, a report by the World Health Organization in October 2022 stated that globally, by 2030, 1 in 6 individuals will be 60 or older and this is predicted to touch 2.1 billion elderly people by 2050. With the growing geriatric population, there is a consequent rise in the diabetic population, leading to chronic conditions like foot ulcers. This, in turn, stimulates the entire market. Consequently, the escalating use of cold plasma across multiple sectors is steering the growth of the cold plasma market.

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How Is the Cold Plasma Market Segmented by Type, Application, and Region?
The cold plasma market covered in this report is segmented -

1) By Regime: Atmospheric Cold Plasma, Low-Pressure Cold Plasma
2) By Technology: Remote Treatment, Direct Treatment, Electrode Contact
3) By Application: Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, Other Medical Applications
4) By End Use Sector: Automotive, Electronics & Semiconductors, Food Processing & Packaging, Medical, Aerospace, Polymers & Plastics, Other End-User Sector

Subsegments:
1) By Atmospheric Cold Plasma: Dielectric Barrier Discharge (DBD) Plasma, Atmospheric Pressure Plasma Jet (APPJ), Gliding Arc Plasma
2) By Low-Pressure Cold Plasma: Radio Frequency (RF) Plasma, Microwave Plasma, Pulsed Plasma Discharge

What Are the Key Trends Driving Growth in the Cold Plasma Market?
The latest trend in the cold plasma market is the rise of technological innovations. Nordson Corporation, an American company that develops and manufactures dispensing equipment, has introduced the MARCH MegaVIATM Plasma Treatment System geared towards large-scale printed circuit board manufacturing. The cutting-edge MegaVIATM system boasts an enhanced panel load capacity, which has been improved by over 54%, with just a 2% growth in overall dimensions and a footprint that measures 1652mm W x 1782mm D x 2326mm H. The new system provides unparalleled plasma treatment uniformity and process reproducibility for PCB panels.

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Who Are the Leading Companies Driving Growth in the Cold Plasma Market?
Major companies operating in the cold plasma market include Ethicon Inc., Baxter International Inc., 3M Company, Smith & Nephew plc., Nordson Corporation, Plasma Etch Inc., Adtech Plasma Technology Co. Ltd., P2i Limited, Relyon Plasma GmbH, Henniker Plasma Treatment, Enercon Industries Corporation, AcXys Plasma Technologies, Plasmatreat GmbH, Europlasma NV, SOFTAL Corona & Plasma GmbH, UNIQAIR Technologies Ltd., CINOGY System GmbH, neoplas med GmbH, Leaflife Technology Co. Ltd., Nova Plasma Ltd., Tantec A/S, Surfx Technologies LLC, Coating Plasma Innovation, Ferrarini & Benelli Srl, terraplasma GmbH, Molecular Plasma Group, Advanced Plasma Solutions Co. Inc., PlasmaLeap Technologies, US Medical Innovations LLC, COMET Plasma Control Technologies

Which Is the Leading Region in the Global Cold Plasma Market?
Asia-Pacific was the largest region in the cold plasma market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cold plasma market market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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