Medical Gas Equipment Market Trends

Medical Gas Equipment Market Trends

The rollout of favorable initiatives led by several government and regulatory organizations, such as the U.S. FDA Safety and Innovation Act, to enhance the quality of patient care and ensure safety will enhance the market growth. Numerous government research agencies are also allocating fundings for R&D activities related to medical gas equipment for innovations and the development of safer and effective devices. To cite an instance, in November 2021, UNICEF joined forces with Oxygen CoLab for driving the development of novel and innovative robust oxygen concentrators to cater to uses in low-resource settings.