Medical Gases Market is Expected to Reach US$ 20.9 Billion by 2028
According to the latest report by IMARC Group, titled “Medical Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global medical gases market size reached US$ 13.6 Billion in 2022 . Looking forward, IMARC Group expects the market to reach US$ 20.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028. Year Considered to Estimate the Market Size: Base Year of the Analysis: 2022 Historical Period: 2017-2022 Forecast Period: 2023-2028 Global Medical Gases Market Overview Medical gases are essential for the functioning of hospitals and healthcare facilities, such as recovery rooms, debridement rooms, obstetrics and gynecology wards, operating rooms, pre-communicators, intensive care unit (ICU) wards, and general wards. Some of the most commonly used medical gases include compressed air, oxygen, nitrogen, nitrous oxide, argon, helium, and carbon dioxide (CO2). They are widely used in numerous medical procedures f...