The global medical gases and equipment market size is expected to reach USD 10.52 billion in 2020, according to a new report by Grand View Research, Inc. The increasing level of patients requiring emergency care, surgical interventions and respiratory disorders are expected to boost the medical gases market over the forecast period. Old age heightens the need for healthcare by making individuals more susceptible to diseases especially pertaining to the respiratory system and triggers patient hospitalization rates. Statistics estimated by the WHO suggest that 55% - 60% of patients admitted in hospitals are administered with gases.
http://www.grandviewresearch.com/industry-analysis/medical-gases-market
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