India Oxygen Concentrators Market By Type (Portable v/s Stationary), By Technology, By Flow-rate, By Source, By Distribution Channel, By Offering, By Application, By End User, By Region, Competition Forecast & Opportunities, FY2027F

The India Oxygen Concentrators Market stood at USD78.89 million in FY2021. The market is expected to witness robust growth in FY2022 due to the sudden surge in COVID-19 cases in the country. The increase in the demand for medical oxygen and different oxygen therapy equipment for the treatment of COVID-19 patients is expected to foster the growth of oxygen concentrators market. Additionally, growing prevalence of various respiratory disorders such as COPD, Asthma, Lung Cancer, among others is further expected to create lucrative opportunities for the growth of the market during the forecast period.

The India Oxygen Concentrators Market is segmented by type, technology, flow-rate, source, distribution channel, offering, application, end-user, region and company. Based on type, the market can be split into portable oxygen concentrator and stationary oxygen concentrator. The portable oxygen concentrator segment dominated the market with a share of around 81.01% in FY2021 owing to the associated advantages such as ease of use, small size, portability, and increasing preference for portable concentrators. Additionally, advancements in these concentrators such as long battery life, miniaturization and integration of membrane technology is further expected to drive the segmental growth. Based on offering, the market can be bifurcated into rental and new sales. The rental segment dominated the market till FY2021; however, the trend will change in the coming years. Earlier, oxygen concentrators were used by patients on oxygen support and in hospitals only. The patients on oxygen support normally took the concentrators on rental basis only. However, it has been witnessed that with lack of hospital beds and surge in COVID cases and widespread use of oxygen concentrators in COVID-19 treatment the trend has changed ever since the first quarter of FY2022. People have started buying their own personal concentrators owing to the risk of spread of infection through the rental ones. This has also led to an increase in the prices of these concentrators and black marketing in the country.

Some of the major players operating in the India Oxygen Concentrators Market include Philips India Limited, BPL Medical Technologies Private Limited, Nidek Medical India Pvt Ltd., Sanrai Med India Private Limited, GCE India Pvt. Ltd., Kannu Impex (India) Pvt. Ltd., Monarch Meditech, MediKart HealthCare Systems Pvt.Ltd., Technocare Medisystems, GPC Medical Ltd., among others. The Indian market at present is being dominated by imports only with concentrators being imported from countries like China, United States, Mexico, Germany, among others. A major part of these imports comes from China only. Either the concentrator is imported, or different parts and accessories of oxygen concentrators are being imported and assembled in India. However, the forecast period will witness emergence of several domestic players who will be manufacturing concentrators in India. Also, the current shortage of oxygen and oxygen concentrators in the country due to surge of COVID-19 cases has led to many companies and organizations starting the development and tie-ups among the companies to start manufacturing of concentrators in India.

Years considered for this report:

• Historical Years: FY2017 - FY2020
• Base Year: FY2021
• Estimated Year: FY2022E
• Forecast Period: FY2023F - FY2027F

Objective of the Study:

• To analyze the historical growth in the market size of the India Oxygen Concentrators Market from FY2017 to FY2021.
• To estimate and forecast the market size of the India Oxygen Concentrators Market from FY2022 to FY2027 and growth rate until FY2027.
• To classify and forecast the India Oxygen Concentrators Market based on type, technology, flow-rate, source, distribution channel, offering, application, end-users, company, and regional distribution.
• To identify dominant region or segment in the India Oxygen Concentrators Market.
• To identify drivers and challenges for the India Oxygen Concentrators Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the India Oxygen Concentrators Market.
• To identify and analyze the profile of leading players operating in the India Oxygen Concentrators Market.
• To identify key sustainable strategies adopted by market players in the India Oxygen Concentrators Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufactures which could not be identified due to the limitations of secondary research. The publisher analyzed the manufactures, distribution channels and presence of all major players across the country.

The publisher calculated the market size of the India Oxygen Concentrators Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Oxygen Concentrators supplier/distributors/wholesalers, end-users, and other stakeholders
• Hospitals, Clinics, Ambulatory Care Centers and COVID-Centers
• Organizations, forums, and alliances related to oxygen concentrators
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as distributors, suppliers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the India Oxygen Concentrators Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Oxygen Concentrators Market, By Type:

• Portable
• Stationary

India Oxygen Concentrators Market, By Technology:

• Continuous Flow
• Pulse Flow
• Continuous/Pulse Flow

India Oxygen Concentrators Market, By Flow-rate:

• 0-5l/min
• 5-10l/min
• Above 10l/min

India Oxygen Concentrators Market, By Source:

• Import
• Domestic

India Oxygen Concentrators Market, By Distribution Channel:

• Wholesalers/ Distributors/ Suppliers
• Online
• Direct Sales

India Oxygen Concentrators Market, By Offering:

• Rental
• New Sales

India Oxygen Concentrators Market, By Application:

• COPD
• Lung Cancer
• Asthma
• COVID-19
• Others

India Oxygen Concentrators Market, By End-User:

• Hospitals & Clinics
• Ambulatory Care Centers
• Home Care

India Oxygen Concentrators Market, By Region:

• North
• West
• South
• East

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the India Oxygen Concentrators Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.