- Dec. 1, 2018
-- The increasing demand for the high-grade industrial gases market share in Healthcare is also a significant driver for the market. In contrast to oxygen, which is used in medical facilities to aid in the treatment of hypoxemia and hypoxia, carbon dioxide is used for insufflation and is often combined with oxygen or air as a respiratory stimulant to promote deep breathing.
Nitrous oxide, nitric oxide, and other industrial gases like hydrogen, helium, and xenon are also being prepared for clinical use in pharmaceutical products. Thus, the broad applications of Industrial gases in the healthcare sector are boosting the market for Industrial Gases. The stringent laws and regulations associated with the manufacturing, storage, and distribution of Industrial Gases tend to decrease the profit margin for the companies. And also the cost involved in the room of Industrial Gases is very high. So, these factors can be a potential barrier to the growth of the market.
This research report on industrial gases is useful for making investment decisions. To know more about the scope of the report, click here https://www.datamintelligence.com/research-report/industr...