Asia-Pacific Oxygen Concentrator Market Outlook, 2026

An oxygen concentrator is a device that concentrates the oxygen from a gas supply by selectively removing nitrogen to supply an oxygen-enriched product gas stream. The device can aid those whose oxygen saturation levels are between 88 and 92 by reducing the burden on the lungs. With the demand for medical oxygen continuing unabated and countries struggling to keep pace with demand, the oxygen concentrator has emerged as a sought-after device. The research report titled Asia-Pacific Medical Oxygen Concentrators Market Outlook, 2026 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 concentrators market growth in the region. The market in the year 2015 was valued at USD 0.32 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 7.90%, 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.

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 53.61% in the year 2020. 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 10.39%, through the forecasted period, marking itself as the highest growth rate.

Pulse flow medical oxygen concentrators accounted for more than 17% of revenue share in 2020. 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 nonhome care segment was at par with the other segment, contributing to a value of USD 0.16 Billion by the end of 2015. 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 9.78%, through the forecasted period.

Government initiatives on releasing funds to hospitals, clinics, and diagnostics centers on purchasing oxygen concentrators and cylinders have aided the growth of the nonhome care segment, which accounted for more than USD 0.20 Billion in 2020. 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. The market of the home care segment is expected to grow with a high CAGR of 9.78% through the forecasted period, majorly due to the increasing aging elite population.

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.

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 2015 to 2026. For this study, the publisher has segmented the Asia-Pacific Medical Oxygen Concentrator Market report based on product, technology, end users, and countries:

CONSIDERED IN THE REPORT

• Geography: Asia Pacific
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:

• the Asia Pacific
• China
• Japan
• India
• Australia

ASPECTS COVERED IN THE REPORT

• Market Size by Value for the period (2015-2026F)
• 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