Market Overview:
The global plasma surgery market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, technological advancements in plasma surgery systems, and rising demand for minimally invasive surgeries. Based on type, the global plasma surgery market is segmented into neutral plasma surgery system, plasma ablation system, and cold plasma surgical system. The neutral Plasma Surgery System segment is expected to account for the largest share of the global market in 2018. This can be attributed to its ability to provide precise tissue removal with minimal thermal damage and low risk of bleeding compared to other types of surgical procedures. Based on application, the global market is segmented into specialty clinic, ambulatory surgical center (ASC), and hospital settings.
Product Definition:
Plasma surgery is a medical procedure that uses a plasma torch to cut or remove tissue. The plasma torch emits a beam of ionized gas that severs the tissue by heating it to its boiling point. Plasma surgery is used to treat cancer, skin conditions, and other medical conditions.
Neutral Plasma Surgery System:
Neutral plasma surgery system is a device that uses positively charged gas, typically nitrogen or argon to cut and coagulate tissue during surgical procedures. It is used in various medical specialties such as gynecology, thoracic, cardiovascular & vascular surgeries and plastic & reconstructive surgeries.
Plasma Ablation System:
Plasma ablation system is used in minimally invasive surgeries to treat skin conditions such as acne, warts, and lesions. This treatment method involves the use of a high-intensity focused ultrasound (HIFU) beam to destroy targeted tissue. The device works by heating and vaporizing the top layer of skin without causing any damage to underlying tissues or blood vessels.
Application Insights:
Based on application, the market is segmented into specialty clinic, ambulatory surgical center, and hospital. The specialty clinic held the largest share of over 70% in 2017. This is due to a large number of procedures that can be performed using different types of plasmas such as radiofrequency ablation (RFA), cryo-electrode assisted RFA (CEA), and laser assisted thermal vapor deposition (LATVD). LATVD has been widely used for various skin conditions including actinic keratosis and non-melanoma skin cancer. However, LATVD requires a longer training period as compared to CEA or RF ablation which makes it less preferred for use in clinics due to cost constraints.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities, rising healthcare expenditure, and growing awareness about plasma surgery.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare infrastructure & facilities along with increasing medical tourism in emerging economies such as India & China. In addition, favorable government initiatives are also expected favorably impact regional growth during the forecast period. For instance, ‘Hospital Improvement Program’ by Ministry of Health Labor and Welfare (Japan) provides funds for hospital construction or renovation which ultimately leads an improvement in quality of care provided thereby driving demand across Japan’s plasma surgery market as well as worldwide (as Japanese hospitals use only neutral-density plasma systems).
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. Chronic diseases are those that are long-term and cannot be cured completely but can be managed with proper treatment. Some common examples of chronic diseases include heart disease, cancer, diabetes, and arthritis. Plasma surgery is often used as a treatment for these conditions, which is likely to drive its growth in the coming years.
- Technological advancements: The plasma surgery market has witnessed significant advancements in technology over the past few years. This has led to the development of new and innovative products that offer better results than traditional treatments options available in the market today. Such technological advances are likely to fuel growth in this market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Plasma Surgery Market Research Report
By Type
Neutral Plasma Surgery System, Plasma Ablation System, Cold Plasma Surgical System
By Application
Speciality Clinic, Ambulatory Surgical Center, Hospital
By Companies
Plasma Surgical, Mechan Europe Ltd, Bovie Medical Corporation (Apyx Medical Corporation), CONMED Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Plasma Surgery Market Report Segments:
The global Plasma Surgery market is segmented on the basis of:
Types
Neutral Plasma Surgery System, Plasma Ablation System, Cold Plasma Surgical System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Speciality Clinic, Ambulatory Surgical Center, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Plasma Surgical
- Mechan Europe Ltd
- Bovie Medical Corporation (Apyx Medical Corporation)
- CONMED Corporation
Highlights of The Plasma Surgery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Neutral Plasma Surgery System
- Plasma Ablation System
- Cold Plasma Surgical System
- By Application:
- Speciality Clinic
- Ambulatory Surgical Center
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plasma Surgery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plasma surgery is a type of surgery that uses plasma to help heal wounds. Plasma is a liquid form of blood and it contains proteins, minerals, and other substances that help the body heal itself.
Some of the major companies in the plasma surgery market are Plasma Surgical, Mechan Europe Ltd, Bovie Medical Corporation (Apyx Medical Corporation), CONMED Corporation.
The plasma surgery market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plasma Surgery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plasma Surgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plasma Surgery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plasma Surgery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plasma Surgery Market Size & Forecast, 2018-2028
4.5.1 Plasma Surgery Market Size and Y-o-Y Growth
4.5.2 Plasma Surgery Market Absolute $ Opportunity
Chapter 5 Global Plasma Surgery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plasma Surgery Market Size Forecast by Type
5.2.1 Neutral Plasma Surgery System
5.2.2 Plasma Ablation System
5.2.3 Cold Plasma Surgical System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plasma Surgery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plasma Surgery Market Size Forecast by Applications
6.2.1 Speciality Clinic
6.2.2 Ambulatory Surgical Center
6.2.3 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plasma Surgery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plasma Surgery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plasma Surgery Analysis and Forecast
9.1 Introduction
9.2 North America Plasma Surgery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plasma Surgery Market Size Forecast by Type
9.6.1 Neutral Plasma Surgery System
9.6.2 Plasma Ablation System
9.6.3 Cold Plasma Surgical System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plasma Surgery Market Size Forecast by Applications
9.10.1 Speciality Clinic
9.10.2 Ambulatory Surgical Center
9.10.3 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plasma Surgery Analysis and Forecast
10.1 Introduction
10.2 Europe Plasma Surgery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plasma Surgery Market Size Forecast by Type
10.6.1 Neutral Plasma Surgery System
10.6.2 Plasma Ablation System
10.6.3 Cold Plasma Surgical System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plasma Surgery Market Size Forecast by Applications
10.10.1 Speciality Clinic
10.10.2 Ambulatory Surgical Center
10.10.3 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plasma Surgery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plasma Surgery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plasma Surgery Market Size Forecast by Type
11.6.1 Neutral Plasma Surgery System
11.6.2 Plasma Ablation System
11.6.3 Cold Plasma Surgical System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plasma Surgery Market Size Forecast by Applications
11.10.1 Speciality Clinic
11.10.2 Ambulatory Surgical Center
11.10.3 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plasma Surgery Analysis and Forecast
12.1 Introduction
12.2 Latin America Plasma Surgery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plasma Surgery Market Size Forecast by Type
12.6.1 Neutral Plasma Surgery System
12.6.2 Plasma Ablation System
12.6.3 Cold Plasma Surgical System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plasma Surgery Market Size Forecast by Applications
12.10.1 Speciality Clinic
12.10.2 Ambulatory Surgical Center
12.10.3 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plasma Surgery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plasma Surgery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plasma Surgery Market Size Forecast by Type
13.6.1 Neutral Plasma Surgery System
13.6.2 Plasma Ablation System
13.6.3 Cold Plasma Surgical System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plasma Surgery Market Size Forecast by Applications
13.10.1 Speciality Clinic
13.10.2 Ambulatory Surgical Center
13.10.3 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plasma Surgery Market: Competitive Dashboard
14.2 Global Plasma Surgery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Plasma Surgical
14.3.2 Mechan Europe Ltd
14.3.3 Bovie Medical Corporation (Apyx Medical Corporation)
14.3.4 CONMED Corporation
