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The cold plasma industry is consolidated, with major players such as Adtec Healthcare, and few others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market share. For instance, in September 2023, Adtec Healthcare's Steriplas cold plasma device became the first of its kind in Taiwan, with an exclusive partnership with SG Biomedical enabling a strategic entry into the Taiwan healthcare market, projected to boost revenue of the company through this innovative medical technology catering to local needs.
Some of the eminent market participants operating in the cold plasma industry include: