Vantage Market Research
Feb 19, 2025
According to analysts at Vantage Market Research, the Global Cold plasma Market size is worth USD 2.2 Billion in 2024 and is projected to reach USD 6.6 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 10.5% from 2025 to 2035. Growing uses in wound healing, sterilization, food safety, and environmental protection are among the market's major trends, coupled with technological developments, rising demand for non-chemical treatments, and regulatory changes.
Market Overview
The increasing use of cold plasma in a variety of applications, together with the availability of cutting-edge goods and encouraging government regulations that promote reasonably priced devices, are driving the global cold plasma market and are anticipated to propel market growth. A substantial patient base in need of cold plasma solutions for wound healing and cancer therapy is created by the growing incidence of cancer and chronic wounds, as well as the growing demand for cold plasma due to its many uses and advantages. The market for cold plasma will also be supported by a greater focus on sustainability, eco-friendly technologies, and raised awareness in emerging markets.
There are a lot of opportunities for the cold plasma market to grow in emerging regions, especially in Asia Pacific and Latin America, which include nations like China, Brazil, and India. These areas are experiencing industrial growth due to a number of factors, including cost benefits, simplified regulations, and the availability of inexpensive labor and raw supplies. Because of the growing use of cutting-edge technology, the Asia Pacific region is expected to see the greatest growth in the treatment of bacterial and viral infections. In sectors like textiles, food and beverage, semiconductors, electronics, polymers, and medical devices, the cold plasma industry is being further stimulated by rising income levels and expanding populations. India's per capita disposable income, for example, rose by 8% in FY24, indicating a positive economic environment for private investment and industry.
IIT Jodhpur Develops CODE Device to Combat Indoor Air Pollution and Pathogens
- In September 2023, researchers at IIT Jodhpur developed the Novel Cold-Plasma Detergent in Environment (CODE) device, designed to improve indoor air quality by neutralizing over 99.99% of harmful pathogens. Addressing critical air pollution challenges in indoor spaces, the CODE device leverages non-equilibrium cold plasma and nanotechnology to minimize airborne infections. It is expected to enter the commercial market soon, offering a promising solution for cleaner indoor environments
Key Takeaways from the Report
- North America dominated the market with 40.8% of market share in 2024. The region is driven by advancements in technology, innovative product development, and increasing healthcare spending
- Based on the Industry, the Polymer & Plastic Industry category accounted for significant market share in 2024. The segment is driven by growing adoption of plasma treatment as a surface modification method
- In 2024, by Application, Surface Treatment & Activation dominated the market with significant market share.
- Based on Regime, Atmospheric Cold Plasma dominated the market with market share of 66.7% in 2024. The segment is driven by the widespread use of atmospheric pressure cold plasma technology across various sectors, including electronics, manufacturing, and healthcare
Top Companies
- Adtec Plasma Technology Co. Ltd.
- Plasmatreat GmbH
- Apyx Medical
- Relyon Plasma GmbH
- P2i Ltd.
- Henniker Plasma
- Enercon Industries Corporation
- Acxys Plasma Technologies
- Tantec A/S
- Nordson Corporation
Report Coverage
Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.
Latest News
Adtec Healthcare Expands SteriPlas Project in Taiwan to Strengthen Asian Market Presence
- In February 2024, Adtec Healthcare visited Taiwan to further its SteriPlas expansion project, focusing on advancing cold plasma technology for sterilization purposes. This initiative seeks to strengthen Adtec's foothold in the Asian market by meeting the increasing demand for cutting-edge healthcare solutions. The project underscores the company’s dedication to enhancing healthcare standards through innovative sterilization methods and strategic technology collaborations