Australia Oxygen Concentrators Market Size & Outlook

The oxygen concentrators market in Australia is expected to reach a projected revenue of US$ 215.9 million by 2033. A compound annual growth rate of 4.4% is expected of Australia oxygen concentrators market from 2025 to 2033.
Revenue, 2024 (US$M)
$148.7
Forecast, 2033 (US$M)
$215.9
CAGR, 2025 - 2033
4.4%
Report Coverage
Australia

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Australia oxygen concentrators market, 2021-2033 (US$M)

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Australia oxygen concentrators market highlights

  • The Australia oxygen concentrators market generated a revenue of USD 148.7 million in 2024 and is expected to reach USD 215.9 million by 2033.
  • The Australia market is expected to grow at a CAGR of 4.4% from 2025 to 2033.
  • In terms of segment, fixed/stationary medical oxygen concentrators was the largest revenue generating product in 2024.
  • Portable Medical Oxygen Concentrators is the most lucrative product segment registering the fastest growth during the forecast period.


Oxygen concentrators market data book summary

Market revenue in 2024USD 148.7 million
Market revenue in 2033USD 215.9 million
Growth rate4.4% (CAGR from 2025 to 2033)
Largest segmentFixed/stationary medical oxygen concentrators
Fastest growing segmentPortable Medical Oxygen Concentrators
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPortable Medical Oxygen Concentrators, Fixed/Stationary Medical Oxygen Concentrators
Key market players worldwideInogen Inc, Philips, Koninklijke Philips NV, Niterra Co Ltd, DeVilbiss Healthcare, React Health, Nidek Medical, O2 Concepts


Other key industry trends

  • In terms of revenue, Australia accounted for 3.1% of the global oxygen concentrators market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China oxygen concentrators market is projected to lead the regional market in terms of revenue in 2033.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 153.9 million by 2033.

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Oxygen Concentrators Market Companies

Name Profile # Employees HQ Website
O2 Concepts View profile 11-50 Oklahoma City, Oklahoma, United States, North America https://o2-concepts.com/
Philips View profile 10001+ Amsterdam, Noord-Holland, The Netherlands, Europe https://www.usa.philips.com
React Health View profile 101-250 Sarasota, Florida, United States, North America https://www.reacthealth.com
Nidek Medical View profile 101-250 Birmingham, Alabama, United States, North America http://www.nidekmedical.com
DeVilbiss Healthcare View profile 251-500 Somerset, Pennsylvania, United States, North America http://www.devilbisshealthcare.com/
Inogen Inc View profile 834 859 Ward Drive, Goleta, CA, United States, 93111 https://www.inogen.com
Niterra Co Ltd View profile 16247 14-18, Takatsuji-cho, Mizuho-ku, Nagoya, Japan, 467-8525 http://www.ngkntk.co.jp
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com

Australia oxygen concentrators market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oxygen concentrators market will help companies and investors design strategic landscapes.


Fixed/stationary medical oxygen concentrators was the largest segment with a revenue share of 52.72% in 2024. Horizon Databook has segmented the Australia oxygen concentrators market based on portable medical oxygen concentrators, fixed/stationary medical oxygen concentrators covering the revenue growth of each sub-segment from 2021 to 2033.


Factors influencing market growth include the increase in number of ocean rafting and scuba diving activities and increasing healthcare expenditure.

In Australia, long-term oxygen therapy is mostly delivered at home using oxygen concentrators, whereas oxygen cylinders are provided for short-term relief. Owing to this, the demand for oxygen concentrators is likely to remain greater than that for cylinders.

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia oxygen concentrators market , including forecasts for subscribers. This country databook contains high-level insights into Australia oxygen concentrators market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Australia oxygen concentrators market size, by product, 2021-2033 (US$M)

Australia Oxygen Concentrators Market Outlook Share, 2024 & 2033 (US$M)

Australia oxygen concentrators market size, by product, 2021-2033 (US$M)

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