Market Forecast by Type (portable bottle and fixed Concentrator), by Application (medical, SCBA, SCUBA, aviation and space, industrial), by End User (hospitals and surgical centres, mountaineering, technical diving, rocket engines, scuba diving and others) and Competitive Landscape
Product Code: ETC054803 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Oxygen Concentrator Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 17.06% in 2028, following an initial rate of 15.84%, before easing to 16.55% at the end of the period.
Report Name | India Oxygen Concentrator Market |
Forecast period | 2025-2031 |
CAGR | 4.6% |
Growing Sector | Healthcare |
India Oxygen Concentrator Market report thoroughly covers the market By Type, By Application and By End User. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Oxygen Concentrator market is experiencing robust growth, driven by the increasing prevalence of respiratory diseases, technological advancements, and rising demand for homecare settings. Oxygen concentrator is a medical device that concentrates oxygen from ambient air and delivers it to the patient through a nasal cannula or mask. It is used for patients with chronic obstructive pulmonary disease (COPD), cystic fibrosis, and other respiratory disorders.
According to 6Wresearch, the India Oxygen Concentrator Market Size is expected to reach a significant CAGR of 4.6% during the forecast period 2025-2031, mainly driven by the increasing demand for oxygen therapy due to the rising cases of respiratory diseases, such as COPD, asthma, and others. Additionally, technological advancements in oxygen concentrators are expected to further boost market growth. For instance, in 2021, Philips launched its new portable oxygen concentrator with improved battery life and user-friendly features. Apart from this, surge in healthcare infrastructure development and government initiatives aimed at improving access to medical devices have also contributed significantly.
Despite the significant growth drivers, the oxygen concentrator market in India also faces several restraints. One major challenge is the high cost associated with quality oxygen concentrators, which limits accessibility for lower-income populations. Additionally, the lack of awareness and inadequate training regarding the proper usage and maintenance of these devices can reduce their efficiency and lifespan. Limited availability of spare parts and dependency on imports for advanced models further constrain the market.
The India Oxygen Concentrator Market is witnessing several trends that are contributing to its growth. One of the major trends is the increasing adoption of portable oxygen concentrators, which offer convenience and mobility for patients. With technological advancements, these devices have become smaller, lighter, and more efficient in delivering oxygen therapy. Furthermore, rising awareness about the benefits of home-based treatment and the availability of cost-effective options in rural areas are also driving market growth.
The India Oxygen Concentrator Market presents several investment opportunities for stakeholders looking to enter or expand their presence in the market. With the increasing demand for oxygen therapy, there is a growing need for technological advancements and innovations in oxygen concentrators. This presents an opportunity for companies to invest in research and development to improve the efficiency and effectiveness of these devices. Additionally, with the rising prevalence of respiratory diseases and the aging population, there is a growing demand for home-based healthcare services.
Some of the key players operating in the India Oxygen Concentrator Market include Philips Healthcare, Invacare Corporation, Inogen Inc., Chart Industries (AirSep), ResMed, Precision Medical Inc., Drive DeVilbiss International, Nidek Medical India Pvt. Ltd., Inova Labs Inc., O2 Concepts LLC, and other prominent players.
The India Oxygen Concentrator Market is subject to various government regulations and guidelines, which aim to ensure the safety, efficacy, and quality of these devices. The Ministry of Health and Family Welfare has set standards for medical devices in India, including oxygen concentrators. These regulations require manufacturers to obtain necessary approvals and licenses before marketing their products in the country. Additionally, the government has also implemented policies and schemes to promote the domestic manufacturing of medical devices.
The India Oxygen Concentrator Market is expected to continue its growth trajectory in the coming years. With advancements in technology and increasing demand for home-based healthcare services, the market is likely to witness a surge in demand for portable and smart oxygen concentrators. Additionally, government initiatives and rising investments in healthcare infrastructure are also expected to drive market growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Portable oxygen concentrators are expected to dominate the India Oxygen Concentrator Market, mainly due to their convenience and growing demand for home-based healthcare. These devices have a smaller size, are lightweight, and can be easily carried by patients wherever they go.
According to the Ravi Bhandari, Research Head, 6wresearch, the medical segment is expected to dominate the India Oxygen Concentrator Market by application. This is due to the increasing prevalence of respiratory diseases and the rising demand for oxygen therapy in homecare settings.
The hospitals and surgical centers segment are expected to dominate the India Oxygen Concentrator Market by end user. This is due to the high demand for oxygen therapy in these facilities, as well as the availability of advanced medical equipment and infrastructure.
The report provides a detailed analysis of the following market segments:
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 Oxygen Concentrator Market Overview |
3.1. India Oxygen Concentrator Market Revenues, 2021 & 2031 |
3.2. India Oxygen Concentrator Market - Industry Life Cycle |
3.3. India Oxygen Concentrator Market - Porter's Five Forces |
3.4. India Oxygen Concentrator Market Revenue Share, By Type, 2021 & 2031 |
3.5. India Oxygen Concentrator Market Revenue Share, By Application, 2021 & 2031 |
3.6. India Oxygen Concentrator Market Revenue Share, By End User, 2021 & 2031 |
3.7. India Oxygen Concentrator Market Revenue Share, By Countries, 2021 & 2031 |
4. India Oxygen Concentrator Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Oxygen Concentrator Market Trends |
6. India Oxygen Concentrator Market, By Type |
6.1. India Oxygen Concentrator Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. India Oxygen Concentrator Market Revenues, By Portable Bottles, 2021 - 2031 |
6.1.3. India Oxygen Concentrator Market Revenues, By Fixed Concentrator, 2021 - 2031 |
7. India Oxygen Concentrator Market, By Application |
7.1. India Oxygen Concentrator Market, By Application |
7.1.1. Overview and Analysis |
7.1.2. India Oxygen Concentrator Market Revenues, By Medical, 2021 - 2031 |
7.1.3. India Oxygen Concentrator Market Revenues, By Aviation and Space, 2021 - 2031 |
7.1.4. India Oxygen Concentrator Market Revenues, By SCUBA, 2021 - 2031 |
7.1.5. India Oxygen Concentrator Market Revenues, By SCBA, 2021 - 2031 |
7.1.6. India Oxygen Concentrator Market Revenues, By Industrial, 2021 - 2031 |
8. India Oxygen Concentrator Market, By End User |
8.1. India Oxygen Concentrator Market, By End User |
8.1.1. Overview and Analysis |
8.1.2. India Oxygen Concentrator Market Revenues, By Hospital and Surgical Centers, 2021 - 2031 |
8.1.3. India Oxygen Concentrator Market Revenues, By Mountaineering, 2021 - 2031 |
8.1.4. India Oxygen Concentrator Market Revenues, By Technical Diving, 2021 - 2031 |
8.1.5. India Oxygen Concentrator Market Revenues, By Rocket Engines, 2021 - 2031 |
8.1.6. India Oxygen Concentrator Market Revenues, By Scuba Diving, 2021 - 2031 |
8.1.7. India Oxygen Concentrator Market Revenues, By Others, 2021 - 2031 |
9. India Oxygen Concentrator Market Import-Export Trade Statistics |
9.1. India Oxygen Concentrator Market Export to Major Countries |
9.2. India Oxygen Concentrator Market Imports from Major Countries |
10. India Oxygen Concentrator Market Key Performance Indicators |
11. India Oxygen Concentrator Market - Opportunity Assessment |
11.1. India Oxygen Concentrator Market Opportunity Assessment, By Application, 2021 & 2031 |
11.2. India Oxygen Concentrator Market Opportunity Assessment, By Type, 2021 & 2031 |
12. India Oxygen Concentrator Market - Competitive Landscape |
12.1. India Oxygen Concentrator Market Revenue Share, By Companies, 2024 |
12.2. India Oxygen Concentrator Market Competitive Benchmarking, By Operating and Technical Parameters |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |