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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.
The medical grade oxygen market is experiencing steady growth globally, primarily driven by the increasing prevalence of respiratory diseases such as COPD (Chronic Obstructive Pulmonary Disease), asthma, and pneumonia. Medical grade oxygen, which is of high purity, is crucial for various medical procedures and therapies, including oxygen therapy, anesthesia, and emergency resuscitation. With the rising geriatric population and the consequent higher incidence of age-related respiratory issues, the demand for medical grade oxygen is expected to continue growing.
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8 months ago

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