Report Overview

Australia Medical Oxygen Concentrator Market- Industry Trends & Forecast Report 2026

Australia medical oxygen concentrator market was worth USD 49.4 million in 2020. The market is further projected to reach USD 92.7 million by 2027, at a CAGR of 11.3% during the forecast period (2021-2027). This is due to advancements in technology and the growing prevalence of COPD in Australia. According to a report released by the Australian Bureau of Statistics and National Health Survey (NHS) on the self-reported prevalence of chronic respiratory conditions, approximately one-third (31%) of Australians suffered from chronic respiratory conditions in 2017-18. According to the report, Allergic rhinitis (hay fever) affected almost 19% (4.7 million) Australian population, asthma affected almost 11% (2.7 million) Australian population, chronic sinusitis affected almost 3.4% (2 million) population, and COPD (Chronic Obstructive Pulmonary Disease) affected 2.5% of the Australian population.

The National Drug Strategy Household Survey (NDSHS) estimated that 11.6% of adults in Australia smoked daily in 2019. According to the NDSHS, people in their 40s and 50s have the highest regular smoking rates, at 15.8% and 15.9% respectively. Tobacco smoking was the leading cause of health issues and deaths in Australia in 2018-19. Additionally, COPD was the fifth leading cause of deaths in Australia in 2018 with 7,113 deaths. COPD was identified as an associated cause of death in 11,385 deaths, with COPD being the primary cause of death in 7,113 deaths.  Additionally, according to the Australian Institute of Health and Welfare also announced that the mortality rate for people aged 45 and over living in rural areas in Australia is nearly 1.9 times higher than the mortality rate for people aged 45 and over living in urban areas.

Source: BlueWeave Consulting

Australia Medical Oxygen Concentrator Market Overview

An oxygen concentrator is a form of medical device that delivers oxygen to people who have breathing problems. This device is used to substitute oxygen in people who have lower-than-normal oxygen levels in their blood. Filtering the ambient air, compressing it to the necessary density, and then supplying purified medical grade oxygen to the patient through a pulse-dose delivery system or continuous stream system is the function of oxygen concentrators.

It also has special filters and sieve beds that help eliminate nitrogen from the air, ensuring that the patient receives fully filtered oxygen. These devices also have an electronic user interface that allows users to change the oxygen concentration levels and distribution settings. The oxygen can then be inhaled through a nasal cannula or a special mask.

Australia Medical Oxygen Concentrator Market Forecast and Trends

Growth Drivers

An Increasing number of government initiatives for COPD awareness

Many government and non-government organizations have initiated programs and services to inform the public about COPD and how to handle it. For example, the National Heart, Lung, and Blood Institute (NHLBI) and the World Health Organization (WHO) founded the Global Initiative for Chronic Obstructive Lung Disease to raise COPD awareness and assist people with disease management.

Additionally, to raise COPD awareness, the Australian government launched the National Tobacco Strategy 2012–2018, a program to reduce tobacco-related harm in Australia. This strategy was endorsed by the health ministers to improve the health of all Australians by lowering the prevalence of smoking, as well as the associated health, social, and economic costs, and inequalities. In Australia, smoking rates are much higher in people from low socioeconomic groups, or those who are disabled, homeless, or imprisoned, and those who have a mental disorder or other drug or alcohol addiction. In Australia, tobacco remains a significant cause of death and disability. Around 3.3 million Australians still smoke and an estimated 15,000 people die each year as a result of smoking-related illnesses.

Restraints

Low acceptance of medical oxygen concentrators

Oxygen therapy is gaining increasing acceptance in Australia but penetration of medical oxygen cylinders is very low. Patients still prefer using portable oxygen cylinders due to the associated high maintenance cost of oxygen concentrators. In terms of market share and consumer base, oxygen concentrators compete directly with oxygen cylinders, which have wide availability and provide highly pure oxygen. They also have low maintenance, require no electricity, and are quite reliable. On the other hand, oxygen concentrators require power to operate. Portable medical oxygen concentrators use batteries to turn oxygen from the air into compressed oxygen, while stationary medical oxygen concentrators use electricity. In case of mechanical failure in the medical oxygen cylinder or no availability of electricity, backup oxygen cylinders are necessary.

When a high flow rate of oxygen is required, the purity of oxygen suffers in medical oxygen concentrators. Apart from these factors, the requirement of regular maintenance, heat, noise, and vibration production are other associated issues with medical oxygen concentrators. Portable medical oxygen concentrators alleviate some of these problems, but they are very expensive. Also, portable medical oxygen cylinders are suitable for people with low oxygen requirements and are not suitable when continuous oxygen flow is required. Many businesses are trying to find a solution to the problems with medical oxygen concentrations described above as these issues are acting as a restraint for the growth of the medical oxygen concentrators market in Australia.

Impact of COVID-19 on Australia Medical Oxygen Concentrator Market

The World Health Organization (WHO) recently added oxygen to its List of Essential Medicines, considering its importance in the treatment of a variety of illnesses. This list outlines the “minimum medicine needs for a basic health-care system” to which people should have reliable and sufficient access. Around one in five COVID-19-infected patients require hospitalization and treatment with supplemental oxygen. For many, it’s the only treatment they’ll need, and usually only for a short duration.

However, due to the severity of the pandemic, oxygen demand has skyrocketed. The WHO estimates that more than half a million COVID-19 patients in low and middle-income countries need oxygen treatment every day. The Australia medical oxygen concentrator market is growing as a result of the ongoing pandemic. As COVID-19 is a respiratory disease, many people suffering from COVID-19 need medical oxygen supply to maintain the blood flow in the body. Until now, Australia has registered approximately 30,000 cases of COVID-19, resulting in increased demand from hospitals, causing the market to grow.

Australia Medical Oxygen Concentrator Market- By Product

Based on product, the Australia medical oxygen concentrators equipment and the rental market is segmented into portable oxygen concentrator and a stationary oxygen concentrator. The portable oxygen concentrator segment accounted for the largest share in 2020 and is likely to dominate the market during the forecast period. This growth can be attributed to the advantages provided by portable oxygen concentrators, such as their ease of use and the fact that elderly people can carry this equipment with them and use it effectively.

Source: BlueWeave Consulting

Australia Medical Oxygen Concentrator Market- By Technology

Based on technology, the Australia medical oxygen concentrators equipment and rental market is grouped into continuous dose and pulse dose. Continuous dose medical oxygen concentrator accounted for the largest share in the market in 2020. Continuous dose oxygen concentrators are approved by Federal Aviation Administration (FAA) which helps the individual to carry the equipment with them if they are traveling in or across the country. In addition, the devices are not fitted with any breath detection technology, hence they are cheaper as compared to pulse flow technology.

Additionally, pulse dose oxygen concentrator is also catching up as a faster-growing market segment as this technology is more effective as compared to continuous dose. This FAA-approved technology is largely used by individuals who are frequent air travelers.

Australia Medical Oxygen Concentrator Market- By Application

Based on application, Australia medical oxygen concentrator and rental market is segmented into COPD, asthma and others. COPD held the largest share in the market in 2020. COPD is among the most common respiratory disorder among the Australian population. One out of seven people aged above 40 in Australia suffers from this disease. In 2018, COPD was the 5th leading cause of death in Australia. The rising prevalence of these diseases in Australia has positively impacted the market growth for the medical oxygen concentrator.

Australia Medical Oxygen Concentrator Market- By End-User

Based on end-user, the Australia medical oxygen concentrator equipment and rental market is segmented into hospitals, clinics, home care, and travelers. The home care segment accounted for the largest share in the market in 2020. The growth of this segment is due to the increasing demand for home healthcare oxygen therapies, as well as the rising demand for pure oxygen and technical advances such as the miniaturization of these medical devices. The rapidly ageing population of Australia puts the country at risk for a number of respiratory and pulmonary diseases. The Australian population is ageing, according to the Australian Bureau of Statistics (ABS), with older Australians increasing in proportion to the overall population. In 2017, 15% of Australians (3.8 million) were aged 65 and over; this proportion is projected to grow steadily over the coming decades which likely to drive the market growth.

Australia Medical Oxygen Concentrator Market- By Region

Based on region, the Australia medical oxygen concentrators equipment market is segmented into New South Wales, Queensland, South Australia, Tasmania, Victoria, Western Australia, Australian Capital, and The Northern Territory. With a market share of 30.61%, New South Wales accounted for the largest share of the market. This growth can be attributed to the increasing expenditure in the medical and healthcare sector by the governments. Also, the increasing number of privately owned hospitals and clinics in this region drives the growth of the market for Australia medical oxygen equipment.

Competitive Landscape

Australia medical oxygen concentrator market has an established ecosystem comprising of some major companies in the market with a diversified portfolio of products. The Australia medical oxygen concentrator market is highly consolidated with a few players holding a larger share in the market, primarily in terms of equipment purchase. The key players in the market include Philips Respironics, Caire Inc., Invacare Corporation, Inogen, Inc., Drive Devilbiss Healthcare, Nidek Medical Products Inc., Sysmed (China) Co., Ltd, and others. These players have been adopting various natural and inorganic growth strategies like mergers & acquisitions, expansions, and recent product developments in the oxygen concentrators to increase the capitalization of market shares. The market players are increasingly working on adapting to the latest technologies to incorporate better measures to enhance the quality and performance of the oxygen concentrators at an affordable price for the customers.

Recent Developments

• In January 2021, The SAROS 4000 Oxygen System, a portable oxygen concentrator developed exclusively for military use, has been launched by CAIRE Inc., a global oxygen therapy manufacturer.

• In August 2017, With the launch of the enhanced Invacare Platinum Mobile Oxygen Concentrator with Connectivity Invacare Corporation has expanded its healthcare informatics offering. This would be the company’s second application in healthcare informatics after the launch of LiNX technology on its new Invacare TDX SP2 power wheelchair.

Scope of Report

By Product

• Portable Oxygen Concentrator

• Stationary Oxygen Concentrator

By Technology

• Continuous Dose

• Pulse Dose

By Application

• Chronic Obstructive Pulmonary Disease (COPD)

• Asthma

• Others

By End-User

• Home care

• Travel

• Hospital

• Clinic

By Region

• New South Wales

• Queensland

• South Australia

• Tasmania

• Victoria

• Western Australia

• Australian Capital

• The Northern Territory

1.    Executive Summary

1.1.1.   Market Attractiveness

1.1.1.1.       Australia Medical Oxygen Concentrator Equipment Market, By Product

1.1.1.2.       Australia Medical Oxygen Concentrator Equipment, By Technology

1.1.1.3.       Australia Medical Oxygen Concentrator Equipment, By Application

1.1.1.4.       Australia Medical Oxygen Concentrator Equipment, By End-User

1.1.1.5.       Australia Medical Oxygen Concentrator Equipment, By Region

2.    Market Introduction

2.1. Definition

2.2. Study Scope

2.3. Market Structure

3.    Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

3.6 Assumptions for the Study

4.    Market Dynamics of Australia Medical Oxygen Concentrator Market

4.1 Introduction

4.2 Drivers

4.2.1 Growing incidence of Chronic Obstructive Pulmonary Diseases (COPDs) in Australia

4.2.2 Increasing technological advancements for the miniaturization of the oxygen concentrators

4.2.3 Increasing number of government initiatives for COPD awareness

4.3 Restraints

4.3.1 Low acceptance of medical oxygen concentrators

4.3.2 Strict medical regulations related to medical oxygen concentrators

4.4 Opportunity

4.4.1 Increased Demand of Portable Medical Oxygen Concentrators Due to Covid-19

4.4.2 Increasing number of Asthma patients in Australia

5.    Market Factor Analysis

5.1 Value Chain Analysis / Supply Chain Analysis

5.1.1 Raw Material Supply

5.1.2 Manufacturing

5.1.3 End-User

5.2 Porter’s Five Forces Model

5.2.1 Threat of new entrants

5.2.2 Intensity of Competitive Rivalry

5.2.3 Threat of substitutes

5.2.4 Bargaining power of suppliers

5.2.5 Bargaining power of buyers

5.3 Impact Analysis of Covid-19 On Australia Medical Oxygen Concentrator Market

5.3.1 Impact on Supply chain

5.3.2 Impact on Pricing

5.3.3 Impact on Market growth

5.3.4 Impact on Market players

6.    Australia Medical Oxygen Concentrators Equipment and Rental Market, By Product

6.1 Overview

6.2 Market size and forecast, 2017-2027

7 Australia Medical Oxygen Concentrators Equipment and Rental Market, By Technology

7.1 Overview

7.2 Market size and forecast

8 Australia Medical Oxygen Concentrators Equipment and Rental Market, By Application

8.1 Overview

8.2 Market size and forecast

9 Australia Medical Oxygen Concentrators Equipment and Rental Market, By End-User

9.1 Overview

9.2 Market share and forecast

10 Australia Medical Oxygen Concentrators Equipment and Rental Market, By Region

10.1 Overview

10.2 market size and forecast

11 Competitive Landscape

11.1 Introduction

11.2 Competitive Analysis

11.3 Market share analysis of Australia medical oxygen concentrator

11.4 Key Growth Strategy in the Australia Medical oxygen concentrator market

11.5 Competitive Benchmarking

11.6 Leading Player in Terms of Number of Developments in Australia Medical Oxygen Concentrator Market

11.7 Key Developments & Growth Strategies

11.7.1 New Product Launch

11.7.2 Mergers and acquisitions

11.7.3 Joint ventures/agreement/Partnerships

11.8 Major Players Financial Matrix

11.8.1 Sales & Operating Income,2019

11.8.2 Major players R&D Expenditure,2019

12 Company Profile

12.1 Philips Respironics

12.2 Invacare Corporation

12.4 Drive Devilbliss Healthcare

12.5 Inogen, Inc.

12.6 Caire Inc.

12.8 Nidek Medical Products, Inc

12.9 Sysmed (china) Co., Ltd.

12.12 Other Prominent Players

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure: Australia Medical Oxygen Concentrator Equipment Market Overview

Figure: Australia Medical Oxygen Concentrator Rental Market Overview

Figure: Australia Medical Oxygen Concentrator Equipment Market Share, By Product

Figure: Australia Medical Oxygen Concentrator Equipment Market Share, By Technology

Figure: Australia Medical Oxygen Concentrator Equipment Market Share, By Application

Figure: Australia Medical Oxygen Concentrator Equipment Market Share, By End-User

Figure: Australia Medical Oxygen Concentrator Equipment Market Share, By Region

Figure: Australia Medical Oxygen Concentrator and Rental Market Segmentation

Figure: Research Process

Figure: Assumptions for Market Estimation and Forecast

Figure: Market Dynamic Analysis of the Australia Medical Concentrator Market

Figure: Value/Supply Chain Analysis: Australia Medical Oxygen Concentrator Market

Figure: Australia Medical Oxygen Concentrator Equipment Market, By Product, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Rental Market, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Equipment Market, By Technology, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Rental Market, By Technology, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Equipment Market, By Application, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Rental Market, By Application, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Equipment Market, By End-User, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Rental Market, By End-User, By Value, USD Million, 2017-2027

Figure: Australia Medical Oxygen Concentrator Equipment Market, By Region, By Value, USD Million, 2017-2027

Figure: Company Market Share Analysis, 2020

Figure: Number of Developments in the Australia Medical Oxygen Concentrator Market, 2019-2020

Figure: Philips: Revenue (USD Million)

Figure: Philips Segmental Revenue Share 2019

Figure: Philips Regional Revenue Share 2019

Figure: Philips Respironics: Swot Analysis

Figure: Invacare Corporation: Revenue (USD Million)

Figure: Invacare Corporation: Segmental Revenue Share 2020

Figure: Invacare Corporation: Regional Revenue Share 2020

Figure: Invacare Corporation: Swot Analysis

Figure: Drive Devilbliss Healthcare: Swot Analysis

Figure: Inogen, Inc.: Revenue (USD Million)

Figure: Inogen, Inc: Regional Revenue Share 2020

Figure: Inogen, Inc.: Swot Analysis

Figure: Caire Inc: Swot Analysis

Figure: Nidek Medical Products, Inc: Swot Analysis

Figure: Sysmed (China) Co., Ltd.: Swot Analysis

List of Tables

TABLE: Market Synopsis

TABLE: Australia Medical Oxygen Equipment Historic Market Size, By Product, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Rental Historic Market Size, By Product, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Equipment Forecast Market Size, By Product, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Rental Forecast Market Size, By Product, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Equipment Historic Market Size, By Technology, USD Million (2017-2020)

TABLE: Australia Medical Oxygen Rental Historic Market Size, By Technology, USD Million (2017-2020)

TABLE: Australia Medical Oxygen Equipment Forecast Market Size, By Technology, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Rental Forecast Market Size, By Technology, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Equipment Historic Market Size, BY Application, By Value, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Rental Historic Market Size, BY Application, By Value, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Equipment Forecast Market Size, BY Application, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Rental Forecast Market Size, BY Application, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Equipment Historic Market Size, BY End-User, By Value, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Rental Historic Market Size, BY End-User, By Value, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Equipment Forecast Market Size, BY End-User, By Value, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Rental Forecast Market Size, BY End-User, By Value, USD Million (2021-2027)

TABLE: Australia Medical Oxygen Equipment Historic Market Size, BY Region, By Value, USD MILLION (2017-2020)

TABLE: Australia Medical Oxygen Equipment Forecast Market SIZE, BY Region, By Value, USD Million (2021-2027)

TABLE: Key Growth Strategies of the Companies Operating in Australia Medical Oxygen Concentrator Market

TABLE: Benchmarking of Major Competitors

TABLE: New Product and Service Launches of the Companies Operating in Australia Medical Oxygen Concentrator Market

TABLE: Mergers and Acquisitions of the Companies Operating in Australia Medical Oxygen Concentrator Market

TABLE: Joint Ventures/ Agreements/ Partnerships of The Companies Operating in Australia Medical Oxygen Concentrator Market

TABLE: Sales and Operating Income of the Companies Operating in Australia Medical Oxygen Concentrator Market

TABLE: R&D Expenditure of the Companies Operating in Australia Medical Oxygen Concentrators Market

TABLE: Philips Respironics: Products/Services Offered

TABLE: Invacare Corporation: Products/Services Offered

TABLE: Drive Devilbliss Healthcare: Products/Services Offered

TABLE: Inogen, Inc: Products/Services Offered

TABLE: Caire Inc.: Products/Services Offered

TABLE: Nidek Medical Products, Inc: Products/Services Offered

TABLE: Sysmed (China) Co., Ltd.: Products/Services Offered