South Korea Cold Plasma Technology Market Size, Share, and COVID-19 Impact Analysis, By Pressure (Atomic Pressure and Low-Pressure), By Application (Wound Healing, Blood Coagulation, Dentistry, Cancer Treatment, and Other Medical Applications), and South Korea Cold Plasma Technology Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Cold Plasma Technology Market Insights Forecasts to 2035
- The South Korea Cold Plasma Technology Market Size Was Estimated at USD 78.2 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.90% from 2025 to 2035
- The South Korea Cold Plasma Technology Market Size is Expected to Reach USD 146.9 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Cold Plasma Technology Market is anticipated to reach USD 146.9 million by 2035, growing at a CAGR of 5.90% from 2025 to 2035. The general growth of the healthcare sector has raised the need for cutting-edge technologies to improve patient care and make it non-invasive and safe.
Market Overview
The commercial use and development of non-thermal plasma, commonly referred to as cold plasma, for a range of industrial and medical applications, is referred to as the cold plasma technology market. This technology modifies surfaces, sterilizes materials, and may even heal diseases by using ionized gas, which contains charged particles, at relatively low temperatures. The market includes the manufacturing, distribution, and use of cold plasma systems in a variety of industries, including textiles, electronics, medical devices, and food processing. Cold plasma is useful for sterilizing food items including milk, fruit juices, and fresh vegetables because it efficiently inactivates microorganisms such as bacteria, yeasts, and fungi. Plant cell walls can be broken down by cold plasma technology, which could improve the effectiveness of removing valuable bioactive components from plant materials. Particularly for chronic wounds and the elderly population, cold plasma exhibits promise in hastening wound healing, lowering the risk of infection, and enhancing overall patient outcomes.
Report Coverage
This research report categorizes the market for South Korea cold plasma technology market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cold plasma technology market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea cold plasma technology market.
South Korea Cold Plasma Technology Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 78.2 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.90% |
2035 Value Projection: | USD 146.9 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 126 |
Segments covered: | By Pressure, By Application and COVID-19 Impact Analysis |
Companies covered:: | Daonix Co., Ltd., Plasmapp Co., Ltd., JESAGI HANKOOK LTD., Sung Do Industrial Co., Ltd., JY Technology Inc., Applied Plasma Inc., Healthwell Medical, Inc., PSM Inc., Humanmeditek Co., Wonik Holdings Co., Ltd., Korea Basic Science Institute (KBSI), Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
Cold plasma offers chemical-free alternatives for sterilization, surface treatment, and disinfection, aligning with reginal sustainability goals and stringent environmental regulations. The technology's efficacy in wound healing, cancer treatment, and sterilization of medical equipment has led to its increased adoption in healthcare settings. Cold plasma effectively reduces microbial contamination on food surfaces and extends shelf life without compromising nutritional value, addressing growing concerns over foodborne diseases.
Restraining Factors
High initial investment costs for equipment and installation can deter small and medium-sized enterprises from adopting this technology. Additionally, the lack of standardized regulations and guidelines across different industries creates uncertainty and hinders widespread adoption.
Market Segmentation
The South Korea cold plasma technology market share is classified into pressure and application.
- The atomic pressure segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cold plasma technology market is segmented by pressure into atomic pressure and low pressure. Among these, the atomic pressure segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The extensive use of atmospheric pressure cold plasma technology in a variety of fields, including manufacturing, electronics, healthcare, etc. This technology is superior to its alternatives due to its sustainability, safety, and environmentally beneficial features.
- The wound healing segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cold plasma technology market is segmented by application into wound healing, blood coagulation, dentistry, cancer treatment, and other medical applications. Among these, the wound healing segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This expansion is explained by the improved wound healing effects that patients have seen as a result of using this technology, which include quicker tissue formation, lower risks of infection, and better overall results. Additionally, the growing number of elderly people in various areas is anticipated to propel the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cold plasma technology market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Daonix Co., Ltd.
- Plasmapp Co., Ltd.
- JESAGI HANKOOK LTD.
- Sung Do Industrial Co., Ltd.
- JY Technology Inc.
- Applied Plasma Inc.
- Healthwell Medical, Inc.
- PSM Inc.
- Humanmeditek Co.
- Wonik Holdings Co., Ltd.
- Korea Basic Science Institute (KBSI)
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cold plasma technology market based on the below-mentioned segments:
South Korea Cold Plasma Technology Market, By Pressure
- Atomic Pressure
- Low-Pressure
South Korea Cold Plasma Technology Market, By Application
- Wound Healing
- Blood Coagulation
- Dentistry
- Cancer Treatment
- Other Medical Applications
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