The Australia oxygen concentrator market size reached USD 98.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 189.21 Million by 2033, exhibiting a growth rate (CAGR) of 6.80% during 2025-2033. The market is witnessing significant growth due to the increasing prevalence of respiratory diseases, advancements in oxygen therapy technologies and growing awareness about the advantages of oxygen therapy at home care settings. Government initiatives, geriatric population opting for reliable oxygen therapy solutions and improved healthcare infrastructure are some other factors further increasing the Australia oxygen concentrator market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 98.00 Million |
Market Forecast in 2033 | USD 189.21 Million |
Market Growth Rate (2025-2033) | 6.80% |
Rising Prevalence of Respiratory Diseases
The rising prevalence of chronic respiratory diseases, particularly Chronic Obstructive Pulmonary Disease (COPD) and asthma, is a key factor driving the demand for oxygen concentrators in Australia. The AIHW's 2024 Burden of Disease Study reveals asthma's burden rose by 8.5% since 2003, ranking 8th highest overall. In 2023-2024, it accounted for 11.9% of the total disease burden in children 5-14, with 12.8% for males and 10.7% for females, highlighting urgent needs for improved management. These conditions, frequently aggravated by such conditions as smoking, pollution, and the aging process, demand long-term control, such as through the administration of oxygen therapy. With increasing numbers of cases of COPD and asthma, patients increasingly turn to oxygen concentrators to achieve ideal oxygen levels and improve their overall quality of life. Oxygen therapy is essential for patients suffering from serious respiratory diseases, as it controls the symptoms, curbs hospitalizations, and improves overall health conditions. With increased awareness of such ailments and advantages of oxygen therapy at home, more and more patients are preferring portable and stationary oxygen concentrators. This is playing a major role in spurring the growth of the Australian market for oxygen concentrators.
Rising Geriatric Population
Australia's aging population is a significant factor contributing to the growth of the oxygen concentrator market. According to the data published by the Centre for Population, by 2064–65, nearly 25% of the population will be aged 65 and over. The Government is implementing reforms to improve aged care and support Indigenous Australians, addressing disparities in life expectancy. As the proportion of elderly individuals increases, so does the prevalence of age-related respiratory conditions like COPD, emphysema, and other chronic illnesses, which often require long-term oxygen therapy. Oxygen concentrators are crucial for elderly patients, enabling them to manage their conditions at home, thereby reducing hospital visits and enhancing their quality of life. This demographic shift has led to an increased demand for portable and stationary oxygen concentrators, as elderly patients prefer home-based therapy for convenience and comfort. The government's healthcare initiatives and the rising availability of affordable oxygen concentrators are further driving the market's growth. As a result, the demand for oxygen concentrators continues to rise, significantly contributing to Australia oxygen concentrator market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, technology, application, and end user.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes portable and stationary.
Technology Insights:
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes continuous flow and pulse flow.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes chronic obstructive pulmonary disease (COPD), asthma, respiratory distress, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals and clinics, home care settings, and ambulatory surgical centers and physician offices.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Portable, Stationary |
Technologies Covered | Continuous Flow, Pulse Flow |
Applications Covered | Chronic Obstructive Pulmonary Disease (COPD), Asthma, Respiratory Distress, Others |
End Users Covered | Hospitals and Clinics, Home Care Settings, Ambulatory Surgical Centers and Physician Offices |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders: