Product Code: ETC190596 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Medical Oxygen Systems market currently, in 2023, has witnessed an HHI of 922, Which has decreased moderately as compared to the HHI of 1454 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Medical oxygen systems are used to provide supplemental medical-grade oxygen to patients who require it. These systems can be found in both hospitals and at home, providing a safe and efficient delivery of oxygen for improved health outcomes. Oxygen is widely prescribed for people with respiratory diseases such as COPD, asthma, cystic fibrosis, and severe COVID-19 cases. It is also used during surgeries or as an adjunct therapy when treating certain medical conditions. The India market for medical oxygen systems is expected to grow significantly over the forecast period due to increasing demand for these systems from healthcare professionals and government initiatives aimed at improving patient access to quality healthcare services.
Increasing prevalence of respiratory diseases due to poor air quality has been one major factor driving demand for medical oxygen systems across India. Additionally, rise in geriatric population base coupled with growing awareness about preventive health care is further contributing towards market growth. Moreover government initiatives such as implementation of GST on hospital beds have resulted into increase in disposable incomes which in turn has increased investments by private players towards development and expansion of healthcare services including installation of advanced medical equipment & supplies like Oxygen Systems etc., thus providing impetus to overall industry outlook. Furthermore, growing focus on adoption technological advancements along with rising preference for technologically sophisticated products is likely bolster industry landscape over coming years.
High cost associated with these systems are expected hamper overall market growth over next few years.Moreover lack of skilled professionals required for proper handling & maintenance may result into low efficiency levels or breakdowns which will adversely affect productivity level at healthcare institutions thereby restraining its usage & sales prospects across various regions especially rural areas where affordability issues prevail.
Some key players operating in IndiaMedical Oxygen System Market include Praxair Technology Inc., Air Liquide S A , Linde AG ,Air Products And Chemicals Inc., Atlas Copco AB , Messer Group GmbH , Gulf Cryo KSC (C) among others..
The coronavirus pandemic had significant impact on India Medical Oxygen System Market during 2020 due to disruption caused by lockdown measures implemented by government authorities till June 2020 followed by slow yet steady revival thereafter till end 2021.Apart from surge witnessed in demand for this product owing COVID 19 related complications experienced by large patient pool leading towards need breathable fresh air resulting into higher requirement for industrial grade oxygen cylinders however production constraints created hurdles regarding procurement thus hindering overall business scenario post March 2020
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Medical Oxygen Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Medical Oxygen Systems Market Revenues & Volume, 2020 & 2030F |
3.3 India Medical Oxygen Systems Market - Industry Life Cycle |
3.4 India Medical Oxygen Systems Market - Porter's Five Forces |
3.5 India Medical Oxygen Systems Market Revenues & Volume Share, By By Modality, 2020 & 2030F |
3.6 India Medical Oxygen Systems Market Revenues & Volume Share, By By End User, 2020 & 2030F |
4 India Medical Oxygen Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Medical Oxygen Systems Market Trends |
6 India Medical Oxygen Systems Market, By Types |
6.1 India Medical Oxygen Systems Market, By By Modality |
6.1.1 Overview and Analysis |
6.1.2 India Medical Oxygen Systems Market Revenues & Volume, By By Modality, 2020-2030F |
6.1.3 India Medical Oxygen Systems Market Revenues & Volume, By Portable Oxygen Systems, 2020-2030F |
6.1.4 India Medical Oxygen Systems Market Revenues & Volume, By Stationary/Standalone Oxygen Systems, 2020-2030F |
6.2 India Medical Oxygen Systems Market, By By End User |
6.2.1 Overview and Analysis |
6.2.2 India Medical Oxygen Systems Market Revenues & Volume, By Hospitals, 2020-2030F |
6.2.3 India Medical Oxygen Systems Market Revenues & Volume, By Emergency Medical Centers, 2020-2030F |
6.2.4 India Medical Oxygen Systems Market Revenues & Volume, By Ambulatory Surgical Centers, 2020-2030F |
6.2.5 India Medical Oxygen Systems Market Revenues & Volume, By Home Care Settings, 2020-2030F |
7 India Medical Oxygen Systems Market Import-Export Trade Statistics |
7.1 India Medical Oxygen Systems Market Export to Major Countries |
7.2 India Medical Oxygen Systems Market Imports from Major Countries |
8 India Medical Oxygen Systems Market Key Performance Indicators |
9 India Medical Oxygen Systems Market - Opportunity Assessment |
9.1 India Medical Oxygen Systems Market Opportunity Assessment, By By Modality, 2020 & 2030F |
9.2 India Medical Oxygen Systems Market Opportunity Assessment, By By End User, 2020 & 2030F |
10 India Medical Oxygen Systems Market - Competitive Landscape |
10.1 India Medical Oxygen Systems Market Revenue Share, By Companies, 2023 |
10.2 India Medical Oxygen Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |