The Cold Plasma Market in North America is forecasted to grow USD 1.13 billion by 2027, which was USD 0.55 billion in 2022. The cold plasma market in this region is growing at a CAGR of 15.4% from 2022 to 2027.
Growing usage of cold plasma for various applications like adhesion, printing, coating, and others is a key market growth driver for the North American market. New technologies coming to ensure food safety and sustainability and rising investments on R & D, increasing usage of cold plasma for therapies, and growing occurrence rate for hospital-acquired infections are primarily accelerating the North American market during the forecast period. Increasing usage of cold plasma technology in treating diabetic patients for different treatment methodologies is estimated to surge the North American market.
High costs associated with the cold plasma, shortage of skilled professionals, and reimbursement policies contribution is restricting the North American cold plasma market growth. Lack of funds and investments from government and adverse effects of cold plasma may also be suspected of obstructing the market's growth rate.
North America Cold Plasma Market has been segmented & sub-segmented into the following categories.
Geographically, the North American cold plasma market dominated the global market in 2019. Growing utilization of the cold plasma technology for food and safety due to increasing concerns towards the standard protection of food is the prime factor boosting the market cold plasma market in North America.
The U.S. cold plasma market plays a dominating role in the North American market, which is predicted to continue throughout the forecast period. The Canadian cold plasma market is expected to witness a healthy growth rate during the forecast period. Growing stipulation for eco-friendly products for life sciences for the treatment of biological tissues, increasing requirements for frozen foods, and evolving advanced technologies are accelerating the market's growth rate during the forecast period.
Promising Companies dominating the North America Cold Plasma Market Profiled in the Report are Enercon Industries Corporation, Henniker Plasma, ADTEC Plasma Technology Co. Ltd., Europlasma NV, Neoplas Tools GmbH, P2i Limited, Nordson Corporation, Plasmatreat GmbH, Vetaphone A/S and Tantec A/S.
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