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Rushi Dalve @go_658bd10ba1114
Medical Grade Oxygen Market: Global Industry Analysis and Forecast 2023 – 2030

The Global Market for Medical Grade Oxygen Estimated at USD 8.98 Billion In the Year 2022, Is Projected To Reach A Revised Size Of USD 16.02 Billion By 2030, Growing At A CAGR Of 7.5% Over The Forecast Period 2023-2030.

Medical oxygen is high-purity oxygen that has been developed for use in the human body and is used for medical treatments. To prevent contamination, medical oxygen cylinders contain only pure oxygen gas and no other gases are permitted in the cylinder. Medical oxygen is produced by the air-liquefaction process, the International Pharmacopoeia, defines the requirements of medical-use oxygen. Currently, oxygen must contain not less than 99.5% v/v of O2. There are three types of low-flow oxygen delivery systems to consider a compressed oxygen cylinder, liquid oxygen, and oxygen concentrators. Patients with chronic respiratory diseases (CRDs) such as COPD require oxygen supplementation to ease breathing, which can greatly improve life quality.

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10 months ago

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