Product Code: ETC105948 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Oxygen therapy equipment Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 7.66% in 2025, growth builds up to 15.07% by 2029.
By 2027, Philippines's Oxygen therapy equipment market is forecasted to achieve a high growth rate of 12.79%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The oxygen therapy equipment market in Philippines was valued at approximately US$ 47 million and is anticipated to exhibit strong growth driven by growing awareness about respiratory disorders among consumers coupled with an increase in disposable incomes available for medical care services amongst patients suffering from acute conditions such as COPD or asthma requiring long term oxygen therapy treatments. Additionally, rapid technological advancements being made within this field further support its robust expansion prospects moving ahead.
The Philippines oxygen therapy equipment market is driven by factors such as an aging population, increasing awareness of respiratory health, and the prevalence of respiratory diseases. Oxygen therapy is essential for managing conditions like chronic obstructive pulmonary disease (COPD) and other respiratory disorders. Additionally, the healthcare infrastructure`s expansion and the growing availability of home-based medical devices contribute to the demand for oxygen therapy equipment.
The Philippines oxygen therapy equipment market, critical for medical applications, encounters challenges related to accessibility and patient needs. Providing reliable and efficient oxygen delivery systems, especially in remote or underserved areas, requires addressing infrastructure limitations. Adapting oxygen therapy equipment to accommodate a range of patient conditions and treatment plans while ensuring safety and hygiene is a continuous challenge. Balancing affordability with quality healthcare solutions remains a central concern in this market.
The Philippines oxygen therapy equipment market experienced shifts as a result of the COVID-19 pandemic. Oxygen therapy equipment is vital in healthcare for patients with respiratory conditions. The pandemic-induced surge in COVID-19 cases led to increased demand for oxygen therapy equipment. The market faced challenges in sourcing equipment and oxygen supply due to overwhelming demand. As healthcare systems adapt to the new normal and medical facilities bolster their capacity, the oxygen therapy equipment market is projected to recover. The market`s resurgence will be driven by sustained healthcare needs and the enhancement of medical infrastructure.
The Philippines oxygen therapy equipment market, catering to medical and healthcare needs, might feature key players like Philips Respironics Philippines. This well-known medical equipment manufacturer offers a range of respiratory care solutions, including oxygen therapy equipment. Another significant participant could be O-Two Medical Technologies Philippines, contributing to the market with its respiratory devices and oxygen therapy solutions, shaping the options available for patients and healthcare providers.
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 Philippines Oxygen therapy equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Oxygen therapy equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Oxygen therapy equipment Market - Industry Life Cycle |
3.4 Philippines Oxygen therapy equipment Market - Porter's Five Forces |
3.5 Philippines Oxygen therapy equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Oxygen therapy equipment Market Revenues & Volume Share, By Portability, 2021 & 2031F |
3.7 Philippines Oxygen therapy equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Oxygen therapy equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Oxygen therapy equipment Market Trends |
6 Philippines Oxygen therapy equipment Market, By Types |
6.1 Philippines Oxygen therapy equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Oxygen therapy equipment Market Revenues & Volume, By Product Type, 2018 - 2031F |
6.1.3 Philippines Oxygen therapy equipment Market Revenues & Volume, By Oxygen Source Equipment, 2018 - 2031F |
6.1.4 Philippines Oxygen therapy equipment Market Revenues & Volume, By Oxygen Delivery Devices, 2018 - 2031F |
6.2 Philippines Oxygen therapy equipment Market, By Portability |
6.2.1 Overview and Analysis |
6.2.2 Philippines Oxygen therapy equipment Market Revenues & Volume, By Standalone Devices, 2018 - 2031F |
6.2.3 Philippines Oxygen therapy equipment Market Revenues & Volume, By Portable Devices, 2018 - 2031F |
6.3 Philippines Oxygen therapy equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Oxygen therapy equipment Market Revenues & Volume, By COPD, 2018 - 2031F |
6.3.3 Philippines Oxygen therapy equipment Market Revenues & Volume, By Asthma, 2018 - 2031F |
6.3.4 Philippines Oxygen therapy equipment Market Revenues & Volume, By Cystic Fibrosis, 2018 - 2031F |
6.3.5 Philippines Oxygen therapy equipment Market Revenues & Volume, By Respiratory Distress Syndrome, 2018 - 2031F |
6.3.6 Philippines Oxygen therapy equipment Market Revenues & Volume, By Pneumonia, 2018 - 2031F |
6.3.7 Philippines Oxygen therapy equipment Market Revenues & Volume, By Other Diseases, 2018 - 2031F |
7 Philippines Oxygen therapy equipment Market Import-Export Trade Statistics |
7.1 Philippines Oxygen therapy equipment Market Export to Major Countries |
7.2 Philippines Oxygen therapy equipment Market Imports from Major Countries |
8 Philippines Oxygen therapy equipment Market Key Performance Indicators |
9 Philippines Oxygen therapy equipment Market - Opportunity Assessment |
9.1 Philippines Oxygen therapy equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Oxygen therapy equipment Market Opportunity Assessment, By Portability, 2021 & 2031F |
9.3 Philippines Oxygen therapy equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Oxygen therapy equipment Market - Competitive Landscape |
10.1 Philippines Oxygen therapy equipment Market Revenue Share, By Companies, 2024 |
10.2 Philippines Oxygen therapy equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |