India Oxygen Therapy Equipment Market Overview
As per MRFR analysis, the India Oxygen Therapy Equipment Market Size was estimated at 1.41 (USD Billion) in 2023. The India Oxygen Therapy Equipment Market is expected to grow from 1.43 (USD Billion) in 2024 to 2.74 (USD Billion) by 2035. The India Oxygen Therapy Equipment Market CAGR (growth rate) is expected to be around 6.058% during the forecast period (2025 - 2035).
Key India Oxygen Therapy Equipment Market Trends Highlighted
The India Oxygen Therapy Equipment Market is growing rapidly because of the rising cases of respiratory illnesses, including chronic obstructive pulmonary disease (COPD), and asthma. Air pollution in urban areas of India has exacerbated the situation, leading to increased demand for oxygen therapy devices.
Moreover, the pandemic emphasized the need for oxygen therapy equipment as hospitals and clinics focused on providing respiratory care. There are some policy changes being made by the Government of India which are aimed at providing more medical services, which will strengthen the therapy market.
The market presents many prospects which can be taken advantage of. The development of new and more affordable goods such as portable oxygen concentrators can serve the needs of patients seeking homecare solutions.
Additionally, the expansion of e-commerce websites selling medical supplies offers an opportunity for manufacturers to expand to new areas, particularly in rural India where health care facilities are scarce. Lately, one of the prominent shifts in India is the increased shift towards home-centered healthcare.
Patients are now using oxygen therapy at home because it is more convenient and pleasant. The government’s focus on telemedicine and home care healthcare services is expected to drive this trend even more.
Due to the rising awareness of the respiratory treatment and the breathable mediums, patients are seeking more individualized oxygen therapy solutions that can be provided in the home setting, leading towards more integrated care systems that incorporate these therapies. This change demonstrates the advancing demand from patients, and moreover it opens the opportunity for growth in the India Oxygen Therapy Equipment Market.
India Oxygen Therapy Equipment Market Drivers
Rising Prevalence of Respiratory Diseases in India
The increase in respiratory diseases, such as Chronic Obstructive Pulmonary Disease (COPD) and asthma, is a significant driver for the India Oxygen Therapy Equipment Market Industry. According to the Global Burden of Disease Study, it is reported that India has witnessed a staggering increase of 23% in cases of COPD over the past five years, with approximately 40 million individuals currently affected. This substantial number emphasizes the need for effective oxygen therapy solutions.
The Indian government, through initiatives like the National Health Mission, is also investing in healthcare infrastructure to manage respiratory diseases, which in turn is driving the demand for oxygen therapy equipment. Furthermore, established organizations like Philips Healthcare and GE Healthcare are enhancing their product offerings to cater to the rising demand for oxygen therapy systems, thereby contributing to market growth.
Growing Aging Population in India
The aging population in India is another prominent driver of the India Oxygen Therapy Equipment Market Industry. Recent census data indicates that the elderly population aged 60 and above is projected to reach approximately 340 million by 2050, which indicates a significant increase in age-related health issues, including respiratory conditions.
As older adults are more susceptible to respiratory distress, the demand for oxygen therapy equipment is anticipated to rise. The Indian government is actively promoting geriatric healthcare programs, aiming to provide better healthcare services to the older population. Companies like Resmed and Invacare are positioning themselves to meet the needs of this demographic by developing specialized oxygen therapy devices tailored for senior patients.
Increased Health Awareness and Rise in Home Healthcare
There is an escalating health consciousness among the Indian population, which is driving the demand for advanced healthcare solutions, including oxygen therapy equipment. Government-led public health initiatives have been crucial in educating individuals about the importance of respiratory health. This shift is also reflected in the growing trend of home healthcare, with more patients preferring to receive treatment at home.
Reports suggest that the home healthcare market in India is expected to grow at a CAGR of 25% over the next five years, further substantiating the need for portable oxygen devices. Companies such as OxyMed and Nafra Healthcare are making significant inroads into the home healthcare segment by providing cost-effective and user-friendly oxygen therapy solutions.
Technological Advancements in Oxygen Therapy Equipment
Technological innovations in oxygen therapy equipment are significantly enhancing the growth of the India Oxygen Therapy Equipment Market Industry. Recent advancements have led to the development of more efficient and user-friendly oxygen concentrators, portable oxygen solutions, and monitoring devices. The Indian medical device market is anticipated to witness an investment growth of approximately 10% annually until 2025, thereby building a stronger base for technological upgrades.
Organizations such as the Indian Medical Technology Association are advocating for increased investment in Research and Development to drive innovations that cater to local needs. This focus on technology is opening up new avenues for market players, including companies like Bharat Heavy Electricals Limited, which is actively engaged in producing innovative oxygen delivery systems.
India Oxygen Therapy Equipment Market Segment Insights
Oxygen Therapy Equipment Market Product Type Insights
The India Oxygen Therapy Equipment Market has experienced considerable growth driven by an increasing prevalence of respiratory diseases and heightened awareness of oxygen therapy's benefits. Within this market, various product types play crucial roles in meeting healthcare demands. Continuous Positive Airway Pressure (CPAP) devices are particularly significant as they are essential for treating obstructive sleep apnea, a growing concern in India due to lifestyle changes and rising obesity rates. Their ability to deliver a steady air flow while the patient sleeps makes them a priority in respiratory care.
Nasal cannulas are another widely used product type in this market, valued for their convenience and comfort, allowing patients to receive oxygen therapy while remaining mobile. As a low-cost solution for supplemental oxygen, they are especially popular in home care settings, enhancing patient compliance with treatment protocols.
Oxygen concentrators represent a vital component of this market, converting ambient air into concentrated oxygen for patients with chronic respiratory conditions or those needing long-term therapy. These devices are favored for their portability and lower operational costs over traditional oxygen tanks, making them appealing to both healthcare facilities and home users.
Liquid oxygen systems offer an alternative by storing oxygen in a liquid state, which can provide high flow rates and is beneficial for patients requiring continuous oxygen therapy. Lastly, portable oxygen cylinders cater to the needs of patients on the move, ensuring continued therapy outside hospital or home environments. They play an important role in emergency care scenarios or for patients traveling.
In summary, the segmentation of the India Oxygen Therapy Equipment Market into various product types reflects a diverse portfolio that addresses a multitude of patient needs. Each product type, from CPAP devices to portable oxygen cylinders, contributes significantly to improving the quality of life for individuals with respiratory challenges, while also aligning with the overall growth trends observed in the healthcare sector in India.
The increasing geriatric population, coupled with the rise in chronic obstructive pulmonary disease (COPD) cases, enhances the demand for these product types. As healthcare infrastructure continues to evolve, the significance of these products in ensuring effective oxygen delivery will remain a cornerstone of respiratory management in India.
Oxygen Therapy Equipment Market Technology Insights
The Technology segment of the India Oxygen Therapy Equipment Market is characterized by a diverse range of methodologies aimed at improving patient outcomes in respiratory care. Conventional Oxygen Therapy is a well-established practice that is integral for patients with chronic respiratory diseases, ensuring their oxygen needs are consistently met.
Hyperbaric Oxygen Therapy offers therapeutic advantages in treating decompression sickness and carbon monoxide poisoning, contributing to the expanding scope of oxygen therapy applications. Ventilation Techniques play a crucial role in aiding patients with severe respiratory distress by facilitating effective gas exchange, enhancing the overall management of critical conditions.
Transcutaneous Oxygen Monitoring has emerged as a vital tool for non-invasive assessment of oxygen levels in patients, providing real-time data that guides treatment decisions. The growth within this Technology segment reflects the increasing prevalence of respiratory disorders in India, driven by urban pollution and lifestyle factors.
As healthcare technologies advance, there are significant opportunities for innovation, improving the accessibility and effectiveness of therapy solutions, thereby supporting the evolving needs of the population. The focus on integrating these technologies into standard healthcare practices is anticipated to further solidify the role of oxygen therapy in healthcare systems across India.
Oxygen Therapy Equipment Market End Use Insights
The End Use segment of the India Oxygen Therapy Equipment Market includes diverse applications such as Home Care, Hospitals, Emergency Services, and Long-term Care Facilities, each contributing significantly to the market dynamics. Home Care is becoming increasingly critical, driven by a growing preference for at-home care solutions, especially among the elderly and those with chronic respiratory diseases.
Hospitals remain a fundamental area, using oxygen therapy to manage acute and chronic respiratory conditions, making it an essential aspect of healthcare delivery. Emergency Services play a crucial role in offering immediate assistance to patients in critical conditions, thereby highlighting the importance of portable oxygen solutions.
Long-term Care Facilities are also noteworthy, as they cater to patients requiring prolonged oxygen therapy, enhancing their quality of life. The rising number of respiratory disorders in India is a key growth driver, alongside increasing awareness about oxygen therapy and technological advancements.
These factors together shape the India Oxygen Therapy Equipment Market segmentation, showcasing the essential nature of oxygen therapy across various healthcare settings.
Oxygen Therapy Equipment Market Patient Type Insights
The Patient Type segment of the India Oxygen Therapy Equipment Market showcases a diverse range of users including adults, pediatrics, and geriatrics. Each demographic plays a critical role in the overall market landscape, as differing healthcare needs among these groups dictate the demand for oxygen therapy equipment.
Adults generally constitute a significant portion of the market, driven by rising incidences of respiratory diseases, such as COPD and pneumonia, exacerbated by air quality issues. On the other hand, pediatric patients present a unique challenge, requiring specialized equipment and careful management of oxygen delivery due to their sensitive respiratory systems.
Meanwhile, the geriatric segment is increasingly important, particularly as India faces an aging population, resulting in a higher prevalence of age-related conditions necessitating oxygen therapy. With increasing healthcare awareness and government initiatives aimed at improving respiratory care, the demand across these demographics is expected to rise, presenting numerous opportunities for growth and innovation in the India Oxygen Therapy Equipment Market.
Furthermore, ongoing advancements in technology and equipment design will cater to the distinct needs of each patient type, enhancing treatment effectiveness and patient comfort.
India Oxygen Therapy Equipment Market Key Players and Competitive Insights
The India Oxygen Therapy Equipment Market is characterized by a dynamic and competitive landscape that is shaped by several factors, including the rising prevalence of respiratory diseases, an increasing aging population, and technological advancements in healthcare. This market has drawn significant attention from both domestic and international players who seek to establish or enhance their presence through innovative products and effective marketing strategies.
The competition is not solely based on product offerings; it extends to after-sales services, customer support, and a strong distribution network. The regulatory environment also plays a vital role, influencing the entry strategies of various firms and the overall market dynamics in India. As companies strive to gain a larger share of this lucrative market, understanding competitive insights becomes crucial for identifying opportunities and potential challenges.
Drive DeVilbiss Healthcare has cemented its position in the India Oxygen Therapy Equipment Market by leveraging its strong brand recognition and commitment to quality. The company offers a comprehensive range of products, including oxygen concentrators, portable oxygen devices, and related accessories, that cater to both hospitals and homecare settings.
By focusing on customer needs and local preferences, Drive DeVilbiss Healthcare has established a solid market presence, backed by a reputation for reliability and efficacy. Their robust distribution network, combined with strategic partnerships and alliances, has enabled them to provide timely and effective service to healthcare providers and patients alike. This has contributed to a loyal customer base and enhanced brand equity in the competitive Indian landscape.
Neuro Vascular Technologies has also made its mark in the India Oxygen Therapy Equipment Market through its specialized focus on respiratory support devices that are designed to improve patient outcomes. The company is known for its innovative products such as high-flow oxygen therapy systems and advanced monitoring technologies that cater to the specific needs of patients with complex respiratory conditions.
With an increasing trend towards home healthcare solutions, Neuro Vascular Technologies has invested in expanding its product line to include portable and user-friendly oxygen delivery systems. The company has established partnerships with local healthcare facilities and distributors, ensuring accessibility and availability of its products across India.
Continuous research and development initiatives, coupled with potential mergers and acquisitions, position Neuro Vascular Technologies as a strong competitive player that is poised for growth in this evolving market.
Key Companies in the India Oxygen Therapy Equipment Market Include
- Drive DeVilbiss Healthcare
- Neuro Vascular Technologies
- Hamilton Medical
- Baxter
- Smiths Medical
- Caire
- Invacare
- Oxygize
- Medtronic
- GrahamField Healthcare
- Philips
- AirLiquide
- Zywave
- Fisher & Paykel Healthcare
- GE Healthcare
India Oxygen Therapy Equipment Market Developments
The India Oxygen Therapy Equipment Market has witnessed significant developments recently, particularly spurred by the ongoing healthcare demands. The market has seen notable interest from companies like Drive DeVilbiss Healthcare, Hamilton Medical, and Philips, who are expanding their product lines to include more advanced respiratory support devices.
In October 2023, a surge in demand led to a notable valuation growth in the sector, propelled by increased prevalence of respiratory diseases and a heightened focus on home healthcare solutions. Additionally, in May 2023, Baxter announced its acquisition of an innovative startup specializing in oxygen delivery systems, further consolidating its position in the market. Smiths Medical has also ramped up its production capabilities to meet rising demands.
Over the last two years, the Indian government has recognized the importance of providing affordable oxygen therapy solutions, leading to new policies aimed at boosting local manufacturing. In March 2022, Neuro Vascular Technologies launched an outreach program that improved access to oxygen therapy in rural areas.
As the Indian healthcare landscape evolves, these events underscore a rapidly growing and dynamic market focused on enhancing patient care and accessibility.
India Oxygen Therapy Equipment Market Segmentation Insights
Oxygen Therapy Equipment Market Product Type Outlook
- Continuous Positive Airway Pressure
- Nasal Cannulas
- Oxygen Concentrators
- Liquid Oxygen Systems
- Portable Oxygen Cylinders
Oxygen Therapy Equipment Market Technology Outlook
- Conventional Oxygen Therapy
- Hyperbaric Oxygen Therapy
- Ventilation Techniques
- Transcutaneous Oxygen Monitoring
Oxygen Therapy Equipment Market End Use Outlook
- Home Care
- Hospitals
- Emergency Services
- Long-term Care Facilities
Oxygen Therapy Equipment Market Patient Type Outlook
- Adult
- Pediatric
- Geriatric
Report :
| Report Attribute/Metric Source: |
Details |
| MARKET SIZE 2018 |
1.41(USD Billion) |
| MARKET SIZE 2024 |
1.43(USD Billion) |
| MARKET SIZE 2035 |
2.74(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) |
6.058% (2025 - 2035) |
| REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR |
2024 |
| MARKET FORECAST PERIOD |
2025 - 2035 |
| HISTORICAL DATA |
2019 - 2024 |
| MARKET FORECAST UNITS |
USD Billion |
| KEY COMPANIES PROFILED |
Drive DeVilbiss Healthcare, Neuro Vascular Technologies, Hamilton Medical, Baxter, Smiths Medical, Caire, Invacare, Oxygize, Medtronic, GrahamField Healthcare, Philips, AirLiquide, Zywave, Fisher & Paykel Healthcare, GE Healthcare |
| SEGMENTS COVERED |
Product Type, Technology, End Use, Patient Type |
| KEY MARKET OPPORTUNITIES |
Increasing elderly population healthcare needs, Rising prevalence of respiratory disorders, Growth in home healthcare segment, Technological advancements in oxygen equipment, Government health initiatives and regulations |
| KEY MARKET DYNAMICS |
growing prevalence of respiratory diseases, increasing elderly population, technological advancements in equipment, rising awareness of oxygen therapy, government support and regulations |
| COUNTRIES COVERED |
India |
Frequently Asked Questions (FAQ) :
The India Oxygen Therapy Equipment Market is expected to be valued at 1.43 USD billion in 2024.
By 2035, the market is anticipated to reach 2.74 USD billion.
The market is expected to grow at a CAGR of 6.058 percent from 2025 to 2035.
The Continuous Positive Airway Pressure segment is expected to lead with a value of 0.37 USD billion in 2024.
The market value for Oxygen Concentrators is projected to be 0.83 USD billion by 2035.
Major players include Drive DeVilbiss Healthcare, Hamilton Medical, Baxter, and Philips among others.
Nasal Cannulas are valued at 0.21 USD billion in 2024.
The Liquid Oxygen Systems market is expected to reach 0.47 USD billion by 2035.
Portable Oxygen Cylinders will likely grow to 0.35 USD billion by 2035, indicating strong market potential.
Challenges include regulatory hurdles, while opportunities may arise from increasing demand for home healthcare solutions.
