| Product Code: ETC6187350 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia oxygen cylinders and concentrators market, the import trend experienced a decline with a growth rate of -6.53% from 2023 to 2024, despite a notable compound annual growth rate (CAGR) of 16.7% from 2020 to 2024. This decline could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The Australia Oxygen Cylinders and Concentrators Market is witnessing steady growth driven by factors such as the rising prevalence of respiratory disorders, increasing geriatric population, and advancements in healthcare infrastructure. The market is segmented into portable and stationary oxygen cylinders, as well as stationary and portable oxygen concentrators. The demand for portable oxygen solutions is on the rise due to their convenience and mobility benefits. Additionally, technological innovations such as lightweight and compact designs are gaining traction among consumers. Key players in the Australia market include Inogen, Philips Respironics, and Invacare Corporation. The market is expected to continue growing as the population ages and the awareness of respiratory health increases, leading to a higher demand for oxygen therapy products.
The Australia Oxygen Cylinders and Concentrators Market is witnessing significant growth driven by the increasing prevalence of respiratory diseases such as COPD and asthma, coupled with the aging population. The market is also benefiting from the rising awareness about the importance of oxygen therapy for various medical conditions, as well as advancements in technology leading to the development of more efficient and portable oxygen delivery devices. Additionally, the COVID-19 pandemic has further boosted the demand for oxygen cylinders and concentrators in Australia, highlighting the critical need for reliable oxygen supply in healthcare settings and at-home care. This market presents opportunities for companies to innovate and expand their product offerings to cater to the growing demand for oxygen therapy solutions in both healthcare facilities and home care settings.
In the Australia Oxygen Cylinders and Concentrators Market, some of the key challenges faced include regulatory complexities and compliance requirements, competitive pricing pressures, limited access to skilled healthcare professionals for proper usage and maintenance of oxygen devices, and the need for continuous technological advancements to meet evolving customer needs. Additionally, logistics and distribution challenges, such as ensuring timely delivery of oxygen cylinders and concentrators to remote areas, can also impact market growth. Moreover, the ongoing COVID-19 pandemic has further strained the market by increasing demand for oxygen-related products while also highlighting the importance of robust supply chains and efficient healthcare infrastructure to support oxygen therapy needs nationwide.
The Australia Oxygen Cylinders and Concentrators Market is primarily driven by the increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and asthma among the aging population. The rising awareness about the benefits of oxygen therapy in managing these conditions has led to a growing demand for oxygen cylinders and concentrators in both healthcare facilities and home settings. Additionally, technological advancements in portable and lightweight oxygen delivery systems have made it more convenient for patients to receive oxygen therapy without being confined to a hospital. Moreover, the ongoing COVID-19 pandemic has further heightened the need for oxygen support, driving the market growth as healthcare facilities and individuals seek reliable oxygen supply solutions.
The Australian government has implemented various policies to regulate the Oxygen Cylinders and Concentrators Market. The Therapeutic Goods Administration (TGA) oversees the registration and monitoring of medical devices, including oxygen cylinders and concentrators, to ensure their safety and effectiveness. Importation and supply of these devices are governed by regulations that require compliance with quality standards and specifications. Additionally, the government provides subsidies for oxygen therapy equipment through programs such as the Medical Benefits Scheme (MBS) and the Pharmaceutical Benefits Scheme (PBS) to make them more affordable for patients. Overall, these policies aim to safeguard consumers, promote quality products, and increase access to essential medical equipment in the Australian market.
The Australia Oxygen Cylinders and Concentrators Market is poised for steady growth in the coming years due to the increasing prevalence of respiratory diseases, such as COPD and asthma, among the aging population. Technological advancements in portable and lightweight oxygen delivery systems are expected to drive market expansion, providing patients with greater mobility and convenience. Additionally, the rising awareness about the importance of early diagnosis and treatment of respiratory conditions is likely to boost the demand for oxygen cylinders and concentrators in both healthcare facilities and homecare settings. Market players are focusing on product innovation and strategic partnerships to gain a competitive edge in this rapidly growing market, indicating a positive outlook for the Australia Oxygen Cylinders and Concentrators Market in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Oxygen Cylinders and Concentrators Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Oxygen Cylinders and Concentrators Market - Industry Life Cycle |
3.4 Australia Oxygen Cylinders and Concentrators Market - Porter's Five Forces |
3.5 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Oxygen Cylinders and Concentrators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of respiratory diseases in Australia |
4.2.2 Growing elderly population requiring oxygen therapy |
4.2.3 Technological advancements in oxygen delivery systems |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices |
4.3.2 High cost associated with oxygen cylinders and concentrators |
4.3.3 Limited availability of skilled healthcare professionals for oxygen therapy management |
5 Australia Oxygen Cylinders and Concentrators Market Trends |
6 Australia Oxygen Cylinders and Concentrators Market, By Types |
6.1 Australia Oxygen Cylinders and Concentrators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Portable, 2021- 2031F |
6.1.4 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Fixed, 2021- 2031F |
6.2 Australia Oxygen Cylinders and Concentrators Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.3 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Pharmaceutical and Biotechnology, 2021- 2031F |
6.2.4 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.5 Australia Oxygen Cylinders and Concentrators Market Revenues & Volume, By Aerospace and Automotive, 2021- 2031F |
7 Australia Oxygen Cylinders and Concentrators Market Import-Export Trade Statistics |
7.1 Australia Oxygen Cylinders and Concentrators Market Export to Major Countries |
7.2 Australia Oxygen Cylinders and Concentrators Market Imports from Major Countries |
8 Australia Oxygen Cylinders and Concentrators Market Key Performance Indicators |
8.1 Average utilization rate of oxygen cylinders and concentrators |
8.2 Number of new product launches in the market |
8.3 Rate of adoption of portable oxygen concentrators |
8.4 Patient satisfaction and adherence rates with oxygen therapy |
8.5 Frequency of maintenance and servicing of oxygen delivery systems |
9 Australia Oxygen Cylinders and Concentrators Market - Opportunity Assessment |
9.1 Australia Oxygen Cylinders and Concentrators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Oxygen Cylinders and Concentrators Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Oxygen Cylinders and Concentrators Market - Competitive Landscape |
10.1 Australia Oxygen Cylinders and Concentrators Market Revenue Share, By Companies, 2024 |
10.2 Australia Oxygen Cylinders and Concentrators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |