Medical Gases Market Trends

Medical Gases Market Trends

As surgeries form an essential part of the healthcare sector, increasing or decreasing surgical volumes is noted to impact the demand for medical gases. Rising prevalence of cardiovascular arrest, chronic obstructive pulmonary disease and other disorders compel the healthcare practitioners to prescribe medical oxygen to patients for life support, thereby complementing the industry growth. Further, cryosurgeries are performed to remove cancer as well as skin lesions. According to the American Cancer Society, it is poised that over 1.7 million new cancer patients were diagnosed in 2019 in U.S. alone. With surgery being one of the most common treatment methods for different types of cancers, the increasing prevalence of cancer is projected to contribute considerably to the market expansion.