South Korea Oxygen Therapy Equipment Market Research Report: By Product Type (Continuous Positive Airway Pressure, Nasal Cannulas, Oxygen Concentrators, Liquid Oxygen Systems, Portable Oxygen Cylinders), By Technology (Conventional Oxygen Therapy, Hyperbaric Oxygen Therapy, Ventilation Techniques, Transcutaneous Oxygen Monitoring), By End Use (Home Care, Hospitals, Emergency Services, Long-term Care Facilities) andBy Patient Type (Adult, Pediatric, Geriatric)- Forecast to 2035

South Korea Oxygen Therapy Equipment Market Overview

As per MRFR analysis, the South Korea Oxygen Therapy Equipment Market Size was estimated at 562.25 (USD Million) in 2023. The South Korea Oxygen Therapy Equipment Market is expected to grow from 573.5 (USD Million) in 2024 to 925 (USD Million) by 2035. The South Korea Oxygen Therapy Equipment Market CAGR (growth rate) is expected to be around 4.442% during the forecast period (2025 - 2035).

Key South Korea Oxygen Therapy Equipment Market Trends Highlighted

A noted change is occurring within the South Korea Oxygen Therapy Equipment Market due to the increasing occurrence of respiratory diseases, as well as other illnesses linked to pollution. An increase in the aging population in South Korea also augments the market for oxygen therapy equipment.

This is because elderly people most often need therapeutic devices to manage chronic illnesses. Enhanced government efforts directed towards the improvement of health services increases the availability of other medical devices, contributing toward the growth of the market.

Recent years have witnessed rapid developments regarding the technology of oxygen therapy devices, especially portable and more efficient ones, which greatly aids the mobility of patients. In South Korea, manufacturers are striving to bring new developments to the products.

This is done by widely tightening the ease of use and the outcomes of treatments. A significant gap exists in the market in terms of low cost and easy to use devices, especially in regions where urban air quality is an issue.

There is huge potential in South Korea's developing health care infrastructure and telemedicine for suppliers willing to partner with health authorities to provide effective oxygen therapy. Newer trends are showing a shift towards the acceptance of home care systems.

More patients are increasingly choosing to receive oxygen therapy at home. This trend allows businesses to market homecare oxygen therapy devices customized for the patients in South Korea.

In South Korea, the combination of demographic changes, technological development, and evolving consumer behavior is heading towards finding better solutions for oxygen therapy equipment, which unlocks new possibilities for patient care innovation.

South Korea Oxygen Therapy Equipment Market Drivers

Increasing Respiratory Disorders

South Korea has witnessed a notable uptick in respiratory disorders over the past decade, significantly driving the South Korea Oxygen Therapy Equipment Market Industry. According to the Korean National Health Insurance Service, the number of patients suffering from Chronic Obstructive Pulmonary Disease (COPD) and other respiratory illnesses is projected to rise by approximately 15% by 2025.

This increase underscores the urgent need for oxygen therapy solutions to cater to the aging population and the growing prevalence of smoking-related health issues. Major healthcare organizations, such as the Korean Academy of Tuberculosis and Respiratory Diseases, are actively raising awareness about respiratory health.

This further propels the development and availability of advanced oxygen therapy equipment in the market.

Government Initiatives and Health Policies

The South Korean government has implemented numerous health policies aimed at improving the healthcare infrastructure and accessibility of medical devices, including oxygen therapy equipment. A government report indicates that funding for healthcare technology and devices is set to increase by 20% over the next five years.

This promotes innovations within the South Korea Oxygen Therapy Equipment Market Industry. This favorable environment encourages local manufacturers and international companies to invest in Research and Development (R&D) for advanced oxygen therapy solutions.

Ultimately, this benefits patients requiring respiratory support.

Telemedicine and Home Healthcare Growth

The rise of telemedicine and home healthcare solutions has significantly impacted the demand for oxygen therapy equipment in South Korea. In line with global trends, a recent survey by the Korean Hospital Association revealed that 40% of healthcare providers are expanding their telemedicine services.

These services often include remote monitoring of patients requiring oxygen therapy. This shift towards home healthcare not only enhances patient convenience but also decreases hospital overcrowding. As a result, the South Korea Oxygen Therapy Equipment Market is likely to experience increased demand for compact and portable oxygen therapy devices suitable for home use.

Technological Advancements in Oxygen Therapy Devices

The South Korea Oxygen Therapy Equipment Market is experiencing rapid growth due to ongoing technological advancements in oxygen therapy devices. Breakthrough innovations include portable oxygen concentrators and advanced delivery systems that enhance patient experience and effectiveness.

A recent study published by the Korean Institute of Medical Technology highlighted that nearly 30% of healthcare providers are adopting these advanced technologies, improving treatment outcomes for patients with respiratory conditions.

Established companies like LG Electronics and Samsung Medical Center are at the forefront of this innovation, driving the market's transformation and ensuring improved healthcare delivery.

South Korea Oxygen Therapy Equipment Market Segment Insights

Oxygen Therapy Equipment Market Product Type Insights

The South Korea Oxygen Therapy Equipment Market exhibits a diverse range of product segments that address the varying requirements of patients requiring oxygen therapy. Continuous Positive Airway Pressure (CPAP) devices play a vital role in the treatment of obstructive sleep apnea and various respiratory conditions.

They offer patients effective management of their breathing patterns during sleep. As awareness of sleep disorders increases alongside the aging population in South Korea, CPAP machines are becoming increasingly significant in the healthcare landscape.

Furthermore, nasal cannulas are a widely utilized product type due to their lightweight and comfortable design, enabling patients to receive supplemental oxygen with minimal disruption to their daily activities. Their growing use in both hospital and home settings reflects the increasing demand for more user-friendly and efficient oxygen delivery systems.

Oxygen concentrators are also a crucial segment, providing an accessible and cost-effective solution for long-term oxygen therapy. They have gained popularity as they can generate oxygen continuously from ambient air, negating the need for frequent refills.

This aligns well with lifestyle needs of patients who desire independence and mobility. The market for liquid oxygen systems remains relevant, particularly for patients requiring higher flow rates or long-duration therapy, as these systems offer a concentrated source of oxygen.

Meanwhile, portable oxygen cylinders are indispensable for patients who need to be mobile and require oxygen therapy on-the-go. These cylinders are particularly favorable among patients with chronic respiratory diseases, ensuring they can maintain an active lifestyle without compromising their health needs.

Each of these product types plays a significant role in catering to the demands of the South Korean population, characterized by a rising prevalence of respiratory disorders and an increasing focus on improved quality of life for patients. The interplay of these factors drives innovation within oxygen therapy technologies.

Manufacturers consistently work to enhance the usability, efficiency, and comfort of these products. Therefore, the segmentation within the South Korea Oxygen Therapy Equipment Market not only serves to provide targeted solutions to patients but also fuels overall market development and growth.

The continuous advancements in this sector indicate promising opportunities for future market expansions and improvements in patient care outcomes.

Oxygen Therapy Equipment Market Technology Insights

The South Korea Oxygen Therapy Equipment Market is characterized by a diverse range of technologies that cater to various therapeutic needs. Among these, Conventional Oxygen Therapy is a cornerstone, widely utilized for managing chronic respiratory conditions.

This underscores its significance in enhancing patient quality of life. Hyperbaric Oxygen Therapy has garnered attention for its application in treating decompression sickness and promoting wound healing, making it an essential aspect of modern medical practices.

Ventilation Techniques play a critical role in critical care settings, where patients require mechanical assistance for breathing, thereby supporting recovery from severe respiratory conditions. Additionally, Transcutaneous Oxygen Monitoring technology offers a non-invasive method for assessing oxygen levels in patients, enabling better management of respiratory therapies, especially in home care environments.

The South Korean government has been proactive in promoting advancements in medical technologies, driving the growth of these segments within the market. As healthcare systems continue to evolve, these technologies will play an increasingly vital role in meeting the demands of an aging population and rising incidence of respiratory diseases within the region.

Oxygen Therapy Equipment Market End Use Insights

The South Korea Oxygen Therapy Equipment Market demonstrates substantial segmentation by End Use, reflecting the diverse applications critical in improving patient care. Home Care has emerged as a prominent domain, driven by the increasing prevalence of chronic respiratory diseases and the growing preference for in-home treatment.

This enables patients to experience enhanced comfort and convenience. Hospitals remain vital within the market, where advanced oxygen therapy equipment plays a crucial role in managing acute and critical care situations, supporting overall healthcare objectives.

Emergency Services provide immediate life-saving interventions, utilizing portable oxygen therapy solutions that are essential during critical situations, thereby enhancing survival rates. Long-term Care Facilities cater to the needs of elderly and chronically ill patients.

These facilities rely heavily on oxygen therapy for improving the quality of life. The rising geriatric population in South Korea significantly drives this segment. Integration of innovative technologies and a rise in the number of healthcare initiatives further fuel market growth.

These elements highlight the importance of the End Use market segmentation within the broader South Korea Oxygen Therapy Equipment Market, showcasing its impact on healthcare dynamics and patient outcomes.

Oxygen Therapy Equipment Market Patient Type Insights

The South Korea Oxygen Therapy Equipment Market segmentation based on Patient Type includes Adults, Pediatrics, and Geriatrics, each playing a crucial role in the overall dynamics of the market. The Adult segment represents a substantial portion of the market.

This is driven by increasing prevalence of respiratory conditions and the aging population. Adults generally require oxygen therapy for chronic obstructive pulmonary disease and other lung-related ailments, which have surged due to lifestyle changes and environmental factors.

In contrast, the Pediatric segment, while smaller, is vital due to the specific needs of children with respiratory issues which often require specialized equipment and care, highlighting the importance of innovation in therapeutic solutions designed for this age group.

The Geriatric population's demand for oxygen therapy is also significant, as older adults frequently face age-related health challenges that necessitate oxygen supplementation for improved quality of life. The South Korean government is actively promoting healthcare initiatives focusing on respiratory health, which further boosts the demand across all patient categories, fostering growth opportunities in the South Korea Oxygen Therapy Equipment Market.

South Korea Oxygen Therapy Equipment Market Key Players and Competitive Insights

The competitive landscape of the South Korea Oxygen Therapy Equipment Market is characterized by a growing demand for advanced respiratory support solutions driven by an increasing prevalence of respiratory diseases, an aging population, and rising health awareness among consumers.

The market features a mix of established multinational companies and local players leveraging technological advancements and innovation to capture market share. Companies are focusing on enhancing product functionalities, such as portability and ease of use, to cater to diverse patient needs.

The landscape is also marked by strategic partnerships, collaborations, and the introduction of cutting-edge technologies such as telemedicine in oxygen therapy solutions, which are reshaping the industry dynamics.

LG Electronics has established a prominent presence in the South Korea Oxygen Therapy Equipment Market, leveraging its robust technological expertise and brand reputation. The company is known for its commitment to innovation and quality, producing a range of oxygen therapy devices that are efficient and user-friendly.

LG Electronics focuses on integrating smart technologies into its oxygen therapy offerings, which allows for functionalities like remote monitoring and enhanced patient engagement. These innovations bolster LG Electronics' strength, compelling it to stand out in a competitive environment that demands advanced solutions tailored to patients’ specific needs.

The company’s extensive distribution network and strong customer service further enhance its market presence within South Korea, ensuring accessibility to its high-quality products. Breas Medical is another key player in the South Korea Oxygen Therapy Equipment Market.

The company is well-regarded for its focus on producing specialized respiratory support devices. Breas Medical offers an array of products, including innovative portable oxygen concentrators and advanced non-invasive ventilation devices that cater to the growing needs of patients in South Korea.

Breas Medical's strengths lie in its continuous investment in research and development, leading to the introduction of technologically advanced solutions that improve patient outcomes. The company's market presence is reinforced by strategic partnerships with healthcare providers and distributors, ensuring that its products reach a broad audience.

Additionally, Breas Medical's commitment to enhancing patient comfort through ergonomic design and intuitive interfaces positions it favorably within the region. The company is also exploring opportunities for mergers and acquisitions to expand its footprint and enhance its technological capabilities in the South Korean market, allowing it to maintain a competitive edge.

Key Companies in the South Korea Oxygen Therapy Equipment Market Include

• LG Electronics


• Breas Medical


• Drager


• Samsung Medison


• Nidek


• OxySure


• Smiths Medical


• Invacare


• ResMed


• Philips


• Fujifilm


• AirSep


• SENTEC


• Omron


• Teleflex

South Korea Oxygen Therapy Equipment Market Developments

The South Korea Oxygen Therapy Equipment Market has been experiencing significant developments recently, particularly following the rise in respiratory health awareness due to the pandemic. Companies such as LG Electronics and Samsung Medison are increasingly focusing on the development of advanced oxygen therapy solutions, emphasizing smart technology integration.

Breas Medical and Drager have reported new product launches to enhance patient comfort and care quality. In the realm of mergers and acquisitions, no major publicly known deals have been reported recently among the key players like ResMed, Philips, and Invacare.

However, market growth is notable, as the overall valuation of the oxygen therapy sector is projected to increase due to escalating demand stemming from an aging population and higher incidences of respiratory diseases.

This growth is further supported by government initiatives aimed at strengthening healthcare infrastructure in South Korea. Notably, over the past two years, there has been a concerted effort by Nidek and OxySure to expand their market presence through strategic partnerships, leading to improved access to oxygen therapy solutions nationwide.

South Korea 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 Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	562.25(USD Million)
MARKET SIZE 2024	573.5(USD Million)
MARKET SIZE 2035	925.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.442% (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 Million
KEY COMPANIES PROFILED	LG Electronics, Breas Medical, Drager, Samsung Medison, Nidek, OxySure, Smiths Medical, Invacare, ResMed, Philips, Fujifilm, AirSep, SENTEC, Omron, Teleflex
SEGMENTS COVERED	Product Type, Technology, End Use, Patient Type
KEY MARKET OPPORTUNITIES	Aging population demand increase, Rising respiratory disorders prevalence, Technological advancements in equipment, Growing home care market, Government health initiatives support
KEY MARKET DYNAMICS	Rising respiratory diseases, Aging population, Technological advancements, Increased healthcare expenditure, Growing awareness of home care
COUNTRIES COVERED	South Korea