Asia Pacific Medical Gas Equipment Market Expected To Grow At CAGR Of 9% From 2014 To 2020: Grand View Research, Inc.

Global medical gas equipment market is expected to reach USD 5,313.9 million by 2020, according to a new study by Grand View Research, Inc. Growing prevalence of chronic respiratory diseases such as pulmonary disorders, cystic fibrosis and emphysema coupled with increasing geriatric population base is expected to drive medical gas equipment market demand. Introduction of technologically advanced product such as new integrated multifunctional and convenient medical gas cylinders is also expected to drive market demand by catering to the changing requirements of healthcare practitioners.

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