Medical Gas Market Size Is Anticipated To Reach 15.1 Billion By 2024 : Grand View Research Inc.
San Francisco, 20 May 2019: The Report Medical Gas Market Size, Share & Trend Analysis Report By Product (Pure Gases, Gas Mixtures), By Equipment (Medical Air Compressors, Cylinders, Outlets, Regulators), And Segment Forecasts, 2018 – 2024 The Medical Gas Market is expected to reach USD 15.1 billion by 2024, according to a new report by Grand View Research, Inc. The medical gases market is anticipated to witness a positive growth during the study period from 2016 to 2024. This growth is attributed to a majority of factors, such as the high prevalence of chronic diseases including heart diseases, stroke, asthma, cancer, diabetes, and obesity. Increasing adoption of sedentary lifestyles and unhealthy diets coupled with the significantly large aging population is resulting in the high incidence of chronic diseases in the developed regions. However, the worldwide shortage of helium, largely concerning the manufacturers of medical equipment, and the stringent government rules and