The Asia Pacific cold plasma equipment market is expected to reach US$ 50.04 Mn in 2027 from US$ 14.20 Mn in 2019. The market is estimated to grow with a CAGR of 17.1% from 2019-2027.
The growth of the Asia Pacific Cold Plasma Equipment market is driven by factors such as the rising use of cold plasma in medical treatment, increasing hospital acquired infections (HAI), and development of innovative methods for treatment of cancer through cold plasma in the Asia Pacific region. Whereas, adverse effects of cold plasma, and lack of reimbursement are likely to have a negative impact on the growth of the Asia Pacific Cold Plasma Equipment market in the coming years.
Cold Plasma is also called as non-thermal plasma and used in wide range of applications in various industries including medical and biomedical industries. It is a powerful tool which is used to provide antimicrobial treatment for wounds and injuries. The Cold Plasma Equipment technology offers non-thermal treatment of cancer, dentistry and others.
Cold plasma is proved very effective in the biomedicine. Cold plasma is used in many medical treatments such as, wound healing, cancer, dermatology, atmospheric plasma on diabetes-induced enzyme glycation, oxidative stress, and inflammation, disinfection and scar treatment. Cold plasma's ability to kill bacteria, including the drug-resistant bacteria, to avoid further infection, helps in chronic wounds. This accelerates the process of wound healing and prevents further complications and the related discomforts. Although there are many other treatment methods for wound healing, it is expected that cold plasma therapy is one of the most effective ways. Plasma sources used in plasma medicine are typically "low temperature" plasma sources operated at atmospheric pressure. In this context, low temperature refers to temperatures similar to room temperature, usually slightly above. Increasing in cases of diabetes, wound and other inflammation, is growing the market.
Diabetes affects many parts of the body, especially feet. Diabetic foot ulcers are sores that develop on the feet, and they can develop even from seemingly trivial injuries to the feet. Diabetic foot ulcers are a common cause of amputation due to diabetes. Across the globe, approximately every 30 seconds one leg is amputated because of diabetes. According to the report published by International Journal of Endocrinology, in 2017, approximately 15–25% of patients with diabetes are susceptible to foot ulcer during their lifetime. Due to rise in use of cold plasma, in various kind of treatment, it is likely to increase the cold plasma equipment market. Therefore, the demand for cold plasma equipment is expected to increase during the forecast period.
The increasing use of cold plasma equipment in medical treatment cases in Asia Pacific is expected to drive cold plasma equipment market the growing pharmaceutical industry in the country create a lucrative opportunity and the presence of an established market for cold plasma equipment.
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 14.20 Million |
| Market Size by 2027 | US$ 50.04 Million |
| CAGR (2019 - 2027) | 17.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Regime
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Cold Plasma Equipment Market is valued at US$ 14.20 Million in 2019, it is projected to reach US$ 50.04 Million by 2027.
As per our report Asia Pacific Cold Plasma Equipment Market, the market size is valued at US$ 14.20 Million in 2019, projecting it to reach US$ 50.04 Million by 2027. This translates to a CAGR of approximately 17.1% during the forecast period.
The Asia Pacific Cold Plasma Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Cold Plasma Equipment Market report:
The Asia Pacific Cold Plasma Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Cold Plasma Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Cold Plasma Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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