| Product Code: ETC7550040 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import market for oxygen cylinders and concentrators saw significant growth in 2024, with top exporting countries being China, Germany, USA, India, and Lithuania. The Herfindahl-Hirschman Index (HHI) remained at a high concentration level, indicating continued dominance of these key players in the market. The compound annual growth rate (CAGR) for the period 2020-2024 was steady at 0.17, while the growth rate from 2023 to 2024 surged impressively by 22.95%. This data suggests a robust demand for these essential medical supplies in India, highlighting the importance of international trade partnerships in meeting healthcare needs.

The India Oxygen Cylinders and Concentrators market is experiencing significant growth due to the rising demand for respiratory equipment amidst the COVID-19 pandemic. The market is driven by factors such as an increase in the number of patients requiring oxygen therapy, growing awareness about respiratory diseases, and advancements in technology making oxygen therapy more accessible. The market is highly competitive, with key players focusing on product innovation, strategic collaborations, and geographical expansion to gain a competitive edge. Additionally, government initiatives to improve healthcare infrastructure and increase access to medical oxygen in rural areas are further fueling market growth. The India Oxygen Cylinders and Concentrators market is expected to continue expanding as the need for respiratory equipment remains high in both healthcare facilities and homecare settings.
The India Oxygen Cylinders and Concentrators market is experiencing significant growth driven by the rising prevalence of respiratory diseases, increasing geriatric population, and the surge in COVID-19 cases. The demand for oxygen therapy equipment has soared due to the pandemic, leading to opportunities for market players to expand their product offerings and distribution networks. Additionally, technological advancements such as portable and smart oxygen concentrators are gaining traction among consumers seeking more convenient and efficient respiratory solutions. The market is also witnessing a rise in partnerships and collaborations between healthcare providers and manufacturers to enhance access to oxygen therapy equipment. Overall, the India Oxygen Cylinders and Concentrators market presents lucrative prospects for innovation, market expansion, and meeting the growing healthcare needs of the population.
The India Oxygen Cylinders and Concentrators Market faces several challenges, including supply chain disruptions, increased demand due to the COVID-19 pandemic, pricing pressures, and the need for stringent quality control measures. Supply chain disruptions have led to shortages of oxygen cylinders and concentrators, impacting the availability of these life-saving devices. The surge in demand during the pandemic has put a strain on manufacturers and distributors to meet the needs of hospitals and patients. Pricing pressures further complicate the market dynamics, as competition intensifies and companies strive to balance affordability with profitability. Additionally, ensuring the quality and reliability of oxygen cylinders and concentrators is crucial to maintain consumer trust and regulatory compliance, necessitating continuous monitoring and adherence to standards. Overall, navigating these challenges requires strategic planning, innovation, and effective partnerships across the value chain.
The India Oxygen Cylinders and Concentrators Market is primarily driven by the surge in COVID-19 cases leading to a heightened demand for oxygen support equipment. The increased awareness about respiratory diseases, rising geriatric population, and the prevalence of pollution-related health issues are also contributing factors propelling the market growth. Additionally, advancements in technology leading to the development of portable and user-friendly oxygen concentrators, government initiatives promoting healthcare infrastructure, and the growing healthcare expenditure in India are further driving the market. Moreover, the increasing number of hospitals and healthcare facilities adopting oxygen therapy solutions to provide better patient care and the expanding home healthcare sector are fueling the demand for oxygen cylinders and concentrators in the country.
The Indian government has implemented various policies to address the shortage of oxygen cylinders and concentrators in the country. In light of the COVID-19 pandemic, the government has ramped up production of medical oxygen, reduced customs duty on import of oxygen-related equipment, and streamlined the process for obtaining necessary approvals for setting up oxygen production plants. Additionally, the government has set price caps on oxygen concentrators to prevent price gouging and ensure affordability for consumers. These policies aim to increase the availability of oxygen cylinders and concentrators to meet the rising demand during the pandemic and enhance the healthcare infrastructure in the country.
The future outlook for the India Oxygen Cylinders and Concentrators Market is expected to remain positive due to factors such as the growing prevalence of respiratory diseases, an aging population, and increasing awareness about the importance of respiratory health. The COVID-19 pandemic has also highlighted the critical need for oxygen therapy equipment, further driving demand. Additionally, technological advancements in oxygen concentrators, such as portable and lightweight designs, are making these products more accessible and convenient for consumers. With the healthcare infrastructure in India continuously improving and government initiatives aimed at enhancing healthcare services, the market for oxygen cylinders and concentrators is projected to witness steady growth in the coming years.
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 India Oxygen Cylinders and Concentrators Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Oxygen Cylinders and Concentrators Market Revenues & Volume, 2021 & 2031F |
3.3 India Oxygen Cylinders and Concentrators Market - Industry Life Cycle |
3.4 India Oxygen Cylinders and Concentrators Market - Porter's Five Forces |
3.5 India Oxygen Cylinders and Concentrators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Oxygen Cylinders and Concentrators Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Oxygen Cylinders and Concentrators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of respiratory diseases in India |
4.2.2 Growing awareness about the importance of oxygen therapy |
4.2.3 Surge in the geriatric population in India |
4.3 Market Restraints |
4.3.1 Lack of proper healthcare infrastructure in rural areas |
4.3.2 Price sensitivity among low-income population segments |
4.3.3 Limited availability of skilled healthcare professionals |
5 India Oxygen Cylinders and Concentrators Market Trends |
6 India Oxygen Cylinders and Concentrators Market, By Types |
6.1 India Oxygen Cylinders and Concentrators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Portable, 2021- 2031F |
6.1.4 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Fixed, 2021- 2031F |
6.2 India Oxygen Cylinders and Concentrators Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.3 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Pharmaceutical and Biotechnology, 2021- 2031F |
6.2.4 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.5 India Oxygen Cylinders and Concentrators Market Revenues & Volume, By Aerospace and Automotive, 2021- 2031F |
7 India Oxygen Cylinders and Concentrators Market Import-Export Trade Statistics |
7.1 India Oxygen Cylinders and Concentrators Market Export to Major Countries |
7.2 India Oxygen Cylinders and Concentrators Market Imports from Major Countries |
8 India Oxygen Cylinders and Concentrators Market Key Performance Indicators |
8.1 Number of hospitals and healthcare facilities offering oxygen therapy services |
8.2 Adoption rate of portable oxygen concentrators |
8.3 Government initiatives to improve access to oxygen therapy in remote areas |
9 India Oxygen Cylinders and Concentrators Market - Opportunity Assessment |
9.1 India Oxygen Cylinders and Concentrators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Oxygen Cylinders and Concentrators Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Oxygen Cylinders and Concentrators Market - Competitive Landscape |
10.1 India Oxygen Cylinders and Concentrators Market Revenue Share, By Companies, 2024 |
10.2 India Oxygen Cylinders and Concentrators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |