The global Cold Plasma Market size is expected to reach USD 198.50 million by 2026 at a strong CAGR of 15.2%, 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
- In terms of
revenue, atmospheric pressure segment is projected to ascend at the
fastest CAGR over the forecast period due to rising application scope in
various medical procedures
- Wound
healing application segment is expected to witness a significant growth
over the forecast period
- Asia Pacific
region is estimated to witness the highest growth due to increased
adoption of technologically advanced procedures for treatment of various diseases
- Rise in
disposable income levels and growing target population base are also
likely to contribute to the region’s development
- Some of the
key companies in the global cold plasma market are U.S. Medical
Innovations, LLC, Bovie Medical Corporation, Neoplas Tools GmbH,
Europlasma N.V., and P2i Limited
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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