Cryogenic Equipment Market Escalating Healthcare R&D Activities to Propel the Industry Demand & Predicted to Grow over 7% by 2024
Increasing awareness regarding new technologies in the industrial and healthcare sectors has proliferated the cryogenic equipment market, with worldwide earnings surpassing USD 15 billion in 2017. From the storage and distribution of industrial gases like nitrogen, oxygen, argon, helium and hydrogen to rubber and plastic deburring, cryogenics help to attain remarkable performance and cost-efficiency. The cryogenic equipment industry has also been able to carve out a sizable chunk from the healthcare segment globally, with applications such as storage of human...
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