Asia-Pacific Medical Oxygen Concentrator Market Outlook, 2027

Asia-Pacific Medical Oxygen Concentrator Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition Forecast & Opportunities.

Featured Companies

  • 1. Caire Inc.
  • 2. Inogen Inc.
  • 3. Invacare Corporation
  • 4. Koninklijke Philips
  • 5. Nidek Medical Products Inc.
  • 6. ResMed
  • More...

According to the report titled, “Asia-Pacific Medical Oxygen Concentrators Market Outlook, 2027”, published by Bonafide Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Portable, Stationary, & Oxygen Cylinders), based on technology (Continuous Flow & Pulse Flow), based on end users (Home Care & Non Home Care), based on Asian countries & major companies. An increasing number of baby boomers in the Asia Pacific will act as the primary driver for medical oxygen concentrator’s market growth in the region. The market in the year 2016 was valued at USD 0.34 Billion, holding the third position in the global market, expected to be one of the fastest-growing regions. Elderly people are prone to suffer from various respiratory conditions leading to high demand for medical oxygen concentrators in the region. Through the forecasted period, the market is expected to have a growth rate of Almost 8%, one of the highest anticipated CAGR. Changing lifestyle habits including an increased rate of tobacco smoking along with elevated pollution levels will increase the incidence rate of respiratory diseases thereby fueling business growth. Some common chronic medical illnesses, such as chronic obstructive pulmonary disease (COPD), emphysema, and chronic bronchitis, which are common long-term effects of smoking, necessitate oxygen treatment or supplemental oxygen to provide adequate oxygen levels. Furthermore, many types of oxygen systems are used to deliver a controlled amount of oxygen to patients. Additionally, medical oxygen gas is high purity oxygen that is created for usage in the human body and is used for clinical therapies. Increase in daily exposure to environmental pollution is driving the market. Additionally, increase in population susceptible to indoor air pollutants as well as increase in population of active smokers is also responsible for propelling the growth of the market.

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However, high cost of oxygen concentrators and stringent regulatory procedures are hampering the growth of the market. Furthermore, high growth potential in emerging market and increase in geriatric population will create lucrative growth opportunities for the oxygen concentrators market during the forecast period. The advancement and development in the sector are increasing in the last few years. The market for portable oxygen concentrator devices is expected to grow, owing to factors such as higher adoption of home care products depending upon patient’s feasibility. Portable oxygen concentrators dispense oxygen in the exact same way as that of oxygen tanks. Instead of the limited amount of pressurized oxygen that can be used through the oxygen tanks, oxygen concentrators use a filtering system that takes ambient air in from around the patient, compress it and modify it to medical-grade standards, making it ideal for patient delivery. This portable nature and convenience of the product will further grow the market in the region. The Asia Pacific is price sensitive market hence cost-effectiveness offered by fixed medical oxygen concentrators in comparison to portable ones will further impact the growth. Unlike the global trend, the oxygen cylinder segment in the region showed an incline in the historic period, but by the forecasted period, it is to decline again. This leading segment contributed to around 53% in the year 2021. A rising number of people suffering from severe respiratory conditions requiring a continuous flow of oxygen coupled with the high capacity of fixed medical oxygen concentrators will drive industry growth. The portable cylinder segment is expected to grow with an anticipated CAGR of a little above 10%, through the forecasted period, marking itself as the highest growth rate. Pulse flow medical oxygen concentrators accounted for more than 13% of revenue share in 2021. Pulse flow technology is majorly used in portable medical oxygen concentrators. Growing demand for portable devices will drive the growth of the Asia Pacific pulse flow medical oxygen concentrators market. The non-homecare segment was at par with the other segment, contributing to a value of USD 0.17 Billion by the end of 2016. People suffering from chronic respiratory diseases that have the requirement of oxygen supplements at home and during travel usually prefer these concentrators due to their portability and ease of use. Greater versatility, lightweight nature, upfront costs, and unlimited oxygen are some of the factors that make these devices ideal for home care. The home care segment in the region is expected to grow over a CAGR of 10.05%, through the forecasted period majorly due to the rise in elite population in the countries of this region. Government initiatives on releasing funds to hospitals, clinics, and diagnostics centers on purchasing oxygen concentrators and cylinders have aided the growth of the non-homecare segment, which accounted for more than USD 0.20 Billion in 2021. The governments’ initiatives in creating awareness about oxygen therapy and efforts of making it affordable even in the rural regions have been a boom in increasing the market size. China & India have a high level of air pollution due to a surge in the number of motorized vehicles, economic boom, output from manufacturing, high population growth, and others. The extensive air pollution in these countries leads to an increasing patient population suffering from respiratory problems thereby stimulating medical oxygen concentrators demand. However, less awareness about medical oxygen concentrators coupled with stringent regulations will limit industry expansion to a certain extent over the forecast timeframe. COVID-19 Impact The Covid-19 virus directly affected the lungs and in turn hampered the respiratory process, with the Asia pacific region being one of the epicenter for the spread of the virus, there was an unprecedented demand for these equipment during the pandemic. This helped the market grow tremendously. On the other hand the supply chain was disturbed by the travel restrictions which caused issues in production, and so this industry was not able to cater to the demand properly. This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Bonafide Research has segmented the Asia-Pacific Medical Oxygen Concentrator Market report based on product, technology, end users, and countries:

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Manmayi Raval

Manmayi Raval

Research Consultant

Companies included: Caire Inc, Inogen Inc., Invacare Corporation, Koninklijke Philips N.V., Nidek Medical products Inc., ResMed Inc, Teijin Pharma Limited, Besco Medical Limited, GCE Group, MedTronic Considered in the report • Geography: Asia Pacific • Base year: 2021 • Historical year: 2016 • Forecasted year: 2027 Countries covered: • China • Japan • India • Australia Aspects covered in the report • Market Size by Value for the period (2016-2027F) • Market Share by Product (Portable Oxygen Concentrator, Stationary Oxygen Concentrator, & Oxygen Cylinders) • Market Share by Technology (Continuous Flow & Pulse Flow) • Market Share by End User (Home Care & Non-Home Care) • Market Share by Country • Market Share by Company The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.

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Manmayi Raval

Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Medical Device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Caire Inc.
  • Inogen Inc.
  • Invacare Corporation
  • Koninklijke Philips
  • Nidek Medical Products Inc.
  • ResMed
  • Teijin Limited
  • Besco Medical Limited
  • GCE Group
  • Medtronic

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic / Demographic Snapshot
  • 5. Global Medical Oxygen Concentrators Market Outlook
  • 5.1. Market Size by Value
  • 5.2. Market Share
  • 5.2.1. By Product Type
  • 5.2.2. By Technology Type
  • 5.2.3. By End User
  • 5.2.4. By Region
  • 5.2.5. By Country
  • 5.2.6. By Company
  • 6. Asia-Pacific Medical Oxygen Concentrators Market Outlook
  • 6.1. Market Size by Value
  • 6.2. Market Share
  • 6.2.1. By Product Type
  • 6.2.2. By Technology Type
  • 6.2.3. By End User
  • 6.2.4. By Country
  • 6.3. China Medical Oxygen Concentrators Market Outlook
  • 6.3.1. Market Size by Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Product Type
  • 6.3.2.2. By Technology Type
  • 6.3.2.3. By End User
  • 6.4. Japan Medical Oxygen Concentrators Market Outlook
  • 6.4.1. Market Size by Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Product Type
  • 6.4.2.2. By Technology Type
  • 6.4.2.3. By End User
  • 6.5. India Medical Oxygen Concentrators Market Outlook
  • 6.5.1. Market Size by Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Product Type
  • 6.5.2.2. By Technology Type
  • 6.5.2.3. By End User
  • 6.6. Australia Medical Oxygen Concentrators Market Outlook
  • 6.6.1. Market Size by Value
  • 6.6.2. Market Share
  • 6.6.2.1. By Product Type
  • 6.6.2.2. By Technology Type
  • 6.6.2.3. By End User
  • 7. Market Dynamics
  • 7.1. Key Drivers
  • 7.2. Key Challenges
  • 8. Market Trends and Developments
  • 8.1. XXXXXXXXXXX
  • 8.2. XXXXXXXXXXX
  • 8.3. XXXXXXXXXXX
  • 8.4. XXXXXXXXXXX
  • 9. Company Profiles
  • 9.1. Caire Inc.
  • 9.2. Inogen Inc.
  • 9.3. Invacare Corporation
  • 9.4. Koninklijke Philips N.V.
  • 9.5. Nidek Medical Products Inc.
  • 9.6. ResMed Inc.
  • 9.7. Teijin Pharma Limited
  • 10. Company Overviews
  • 10.1. Besco Medical Limited
  • 10.2. GCE Group
  • 10.3. Medtronic
  • 11. Strategic Recommendations
  • 12. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 5: Global Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 6: Global Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 7: Global Medical Oxygen Concentrators Market Share by Region (2016, 2021 & 2027F)
Table 8: Global Medical Oxygen Concentrators MarketShare by Country (2016, 2021 & 2027F)
Table 9: Global Medical Oxygen Concentrators Market Share by Company (2021)
Table 10: Asia-Pacific Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 11: Asia-Pacific Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 12: Asia-Pacific Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 13: Asia-Pacific Medical Oxygen Concentrators MarketShare by Country (2016, 2021 & 2027F)
Table 14: China Medical Oxygen Concentrators Market Value By Product Type (2016, 2021 & 2027F)
Table 15: China Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 16: China Medical Oxygen Concentrators Market Growth rate By Product Type (2016, 2021 & 2027F)
Table 17: China Medical Oxygen Concentrators Market Value By Technology Type (2016, 2021 & 2027F)
Table 18: China Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 19: China Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 20: China Medical Oxygen Concentrators Market Value By End User (2016, 2021 & 2027F)
Table 21: China Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 22: China Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 23: Japan Medical Oxygen Concentrators Market Value By Product Type (2016, 2021 & 2027F)
Table 24: Japan Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 25: Japan Medical Oxygen Concentrators Market Growth rate By Product Type (2016, 2021 & 2027F)
Table 26: Japan Medical Oxygen Concentrators Market Value By Technology Type (2016, 2021 & 2027F)
Table 27: Japan Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 28: Japan Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 29: Japan Medical Oxygen Concentrators Market Value By End User (2016, 2021 & 2027F)
Table 30: Japan Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 31: Japan Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 32: India Medical Oxygen Concentrators Market Value By Product Type (2016, 2021 & 2027F)
Table 33: India Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 34: India Medical Oxygen Concentrators Market Growth rate By Product Type (2016, 2021 & 2027F)
Table 35: India Medical Oxygen Concentrators Market Value By Technology Type (2016, 2021 & 2027F)
Table 36: India Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 37: India Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 38: India Medical Oxygen Concentrators Market Value By End User (2016, 2021 & 2027F)
Table 39: India Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 40: India Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 41: Australia Medical Oxygen Concentrators Market Value By Product Type (2016, 2021 & 2027F)
Table 42: Australia Medical Oxygen Concentrators Market Share By Product Type (2016, 2021 & 2027F)
Table 43: Australia Medical Oxygen Concentrators Market Growth rate By Product Type (2016, 2021 & 2027F)
Table 44: Australia Medical Oxygen Concentrators Market Value By Technology Type (2016, 2021 & 2027F)
Table 45: Australia Medical Oxygen Concentrators Market Share By Technology Type (2016, 2021 & 2027F)
Table 46: Australia Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 47: Australia Medical Oxygen Concentrators Market Value By End User (2016, 2021 & 2027F)
Table 48: Australia Medical Oxygen Concentrators Market Share By End User (2016, 2021 & 2027F)
Table 49: Australia Medical Oxygen Concentrators Market Growth By Technology Type (2016, 2021 & 2027F)
Table 50: Key Facts of Caire Inc.
Table 51: Key Facts of Inogen Inc.
Table 52: Key Facts of Invacare Corporation
Table 53: Key Facts of Koninklijke Philips N.V.
Table 54: Key Facts of Nidek Medical Products, Inc.
Table 55: Key Facts of ResMed Inc.
Table 56: Key Facts of Teijin Pharma Limited

List of Figures
Figure 1: Global Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 2: Asia-Pacific Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 3: China Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 4: Japan Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 5: India Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 6: Australia Medical Oxygen Concentrators Market Size – By Value 2016 to 2027F (In USD Billion)

Feed Phosphate Market Research FAQs

The Asia Pacific medical oxygen concentrator market is projected to expand with more than 8% CAGR during the forecast period.

China has the largest market share in the region contributing to almost 25% of the total market.

The rising air pollution in the region due to increased industrial manufacturing activities have led to chronic diseases which drive the market.

The portable oxygen concentrator product is expected to grow at the highest rate of almost 11%

The homecare segment will occupy around 75% of the market by 2027.
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Asia-Pacific Medical Oxygen Concentrator Market Outlook, 2027

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