Product Code: ETC105946 | 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 Singapore Oxygen therapy equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 7.80% in 2025, climbs to a high of 7.81% in 2026, and moderates to 5.04% by 2029.
Singapore's Oxygen therapy equipment market is anticipated to experience a growing growth rate of 7.49% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Singapore oxygen therapy equipment market is driven by the increasing prevalence of respiratory diseases, an aging population, and advancements in medical technology. Oxygen therapy equipment, including oxygen concentrators and portable oxygen systems, plays a critical role in managing respiratory conditions and improving patients` quality of life. As the healthcare sector focuses on providing home-based and non-invasive treatment options, the demand for oxygen therapy equipment is expected to rise. Additionally, the COVID-19 pandemic has highlighted the importance of oxygen therapy in critical care. The market offers opportunities for manufacturers to provide reliable and efficient oxygen therapy solutions to meet the growing healthcare needs of Singapore population.
The Singapore oxygen therapy equipment market is poised for growth in the coming years due to several driving factors. Firstly, the aging population in Singapore is increasing, leading to a higher prevalence of respiratory diseases such as COPD and asthma. This demographic trend is driving the demand for oxygen therapy equipment, including oxygen concentrators and portable oxygen tanks.
The Singapore Oxygen Therapy Equipment Market faces several challenges. Firstly, the high cost of oxygen concentrators and related equipment poses a barrier for many patients, making access to these life-saving devices a challenge for some. Additionally, there`s a lack of awareness among the general population about the benefits and availability of oxygen therapy equipment. Furthermore, regulatory hurdles and the need for quality control standards in the industry make it challenging for new entrants. Lastly, the market may face supply chain disruptions due to global factors, impacting the availability of oxygen equipment, as witnessed during the COVID-19 pandemic.
The Singapore oxygen therapy equipment market saw increased demand during the COVID-19 pandemic due to the critical role of oxygen therapy in treating severe cases of the virus. Hospitals and healthcare facilities required additional equipment to support patient care. The market experienced challenges related to supply chain disruptions and increased competition for resources. As the pandemic subsides, the market is expected to normalize, but it may continue to evolve with a focus on preparedness for future healthcare crises.
The Singapore oxygen therapy equipment market plays a vital role in providing respiratory support to patients. Leading players in this market include Philips Respironics, Invacare Corporation, and DeVilbiss Healthcare LLC. These companies have consistently offered a wide range of oxygen therapy solutions, ensuring a positive outlook for the market as the demand for respiratory care equipment continues to grow in Singapore aging population.
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 Singapore Oxygen therapy equipment Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Oxygen therapy equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Oxygen therapy equipment Market - Industry Life Cycle |
3.4 Singapore Oxygen therapy equipment Market - Porter's Five Forces |
3.5 Singapore Oxygen therapy equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Singapore Oxygen therapy equipment Market Revenues & Volume Share, By Portability, 2021 & 2031F |
3.7 Singapore Oxygen therapy equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Oxygen therapy equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Oxygen therapy equipment Market Trends |
6 Singapore Oxygen therapy equipment Market, By Types |
6.1 Singapore Oxygen therapy equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Oxygen therapy equipment Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Singapore Oxygen therapy equipment Market Revenues & Volume, By Oxygen Source Equipment, 2021-2031F |
6.1.4 Singapore Oxygen therapy equipment Market Revenues & Volume, By Oxygen Delivery Devices, 2021-2031F |
6.2 Singapore Oxygen therapy equipment Market, By Portability |
6.2.1 Overview and Analysis |
6.2.2 Singapore Oxygen therapy equipment Market Revenues & Volume, By Standalone Devices, 2021-2031F |
6.2.3 Singapore Oxygen therapy equipment Market Revenues & Volume, By Portable Devices, 2021-2031F |
6.3 Singapore Oxygen therapy equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Oxygen therapy equipment Market Revenues & Volume, By COPD, 2021-2031F |
6.3.3 Singapore Oxygen therapy equipment Market Revenues & Volume, By Asthma, 2021-2031F |
6.3.4 Singapore Oxygen therapy equipment Market Revenues & Volume, By Cystic Fibrosis, 2021-2031F |
6.3.5 Singapore Oxygen therapy equipment Market Revenues & Volume, By Respiratory Distress Syndrome, 2021-2031F |
6.3.6 Singapore Oxygen therapy equipment Market Revenues & Volume, By Pneumonia, 2021-2031F |
6.3.7 Singapore Oxygen therapy equipment Market Revenues & Volume, By Other Diseases, 2021-2031F |
7 Singapore Oxygen therapy equipment Market Import-Export Trade Statistics |
7.1 Singapore Oxygen therapy equipment Market Export to Major Countries |
7.2 Singapore Oxygen therapy equipment Market Imports from Major Countries |
8 Singapore Oxygen therapy equipment Market Key Performance Indicators |
9 Singapore Oxygen therapy equipment Market - Opportunity Assessment |
9.1 Singapore Oxygen therapy equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Singapore Oxygen therapy equipment Market Opportunity Assessment, By Portability, 2021 & 2031F |
9.3 Singapore Oxygen therapy equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Oxygen therapy equipment Market - Competitive Landscape |
10.1 Singapore Oxygen therapy equipment Market Revenue Share, By Companies, 2024 |
10.2 Singapore Oxygen therapy equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |