India Medical Oxygen Market 2033

India Medical Oxygen Market Size, Share, Trends and Forecast by Form, Application, Delivery Mode, End User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A31247

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India Medical Oxygen Market Overview:

The India medical oxygen market size reached USD 163.17 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 274.66 Million by 2033, exhibiting a growth rate (CAGR) of 5.51% during 2025-2033. The India medical oxygen market share is driven by the mounting incidence of respiratory diseases, continued effects of the COVID-19 pandemic, and growing demand for home-based oxygen therapy. Moreover, advancements in oxygen production, distribution infrastructure, and oxygen concentrator technologies are also driving market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 163.17 Million
Market Forecast in 2033	USD 274.66 Million
Market Growth Rate 2025-2033	5.51%

India Medical Oxygen Market Trends:

Increasing Demand for Home-Based Medical Oxygen

One of the major trends influencing the India medical oxygen market outlook is increased demand for home-based medical oxygen solutions. Due to the COVID-19 pandemic, the shift towards home healthcare gained momentum with patients suffering from respiratory conditions such as those of COVID-19 being treated at home with oxygen therapy. The demand for home oxygen cylinders and portable oxygen concentrators has risen because of the convenience, cost-effectiveness, and provision of continuous oxygen therapy for patients in a home setting. As per industry publications, in the pre-COVID-19 period, India produced 6900 MT of oxygen, with merely 1000 MT designated for medical use. This amount rose to 19940 MT due to improved in-house oxygen production, affordable innovations, and better storage capabilities. As the chronic respiratory illnesses like COPD and asthma have increased, the demand for home oxygen therapy is likely to continue. Also, improvements in technology have resulted in the creation of smaller, more efficient, and convenient oxygen devices that are more accessible and convenient for home use, increasing this trend in India's medical oxygen market.

India Medical Oxygen Market Size

Growth of Oxygen Production and Distribution Infrastructure

With the ongoing increase in demand for medical oxygen, India is experiencing large-scale investments in the increase and upgrade of oxygen manufacturing and supply facilities. Due to the COVID-19 pandemic and the growing rate of respiratory ailments, efforts have been made towards greater availability of medical-grade oxygen in the country. Oxygen production facilities are being modernized with latest technologies in order to increase production capacities and address the growing demand. Additionally, the Indian government is making efforts to streamline oxygen's logistical distribution, particularly to rural and remote locations where access to healthcare centers is scarce. In April 2020, there were only 62,458 beds that supported oxygen. However, as the surge in Covid cases during the three waves highlighted the demand for additional beds, hospitals appear to have raised the total to 5,15,345 by February 2024, marking a growth of 725%. Apart from this, the creation of decentralized oxygen generation plants, coupled with better supply chain management and transportation facilities, is assisting in bridging shortages and providing a continuous supply of medical oxygen to clinics and hospitals. These advancements are likely to further propel the India medical oxygen market growth.

India Medical Oxygen Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on form, application, delivery mode, and end user.

Form Insights:

Liquid Oxygen
Compressed Oxygen
Oxygen Gas Mixture

The report has provided a detailed breakup and analysis of the market based on the form. This includes liquid oxygen, compressed oxygen, and oxygen gas mixture.

Application Insights:

Therapeutic
Diagnostics

The report has provided a detailed breakup and analysis of the market based on the application. This includes therapeutic and diagnostics.

Delivery Mode Insights:

Tanks/Pipeline
Cylinder
Others

The report has provided a detailed breakup and analysis of the market based on the delivery mode. This includes tanks/pipeline, cylinder, and others.

End User Insights:

Hospitals and Clinics
Ambulatory Care Centers
Homecare
Others

The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals and clinics, ambulatory care centers, homecare, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

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.

India Medical Oxygen Market News:

In July 2024, Air Liquide India, an industrial gases company, announced the establishment of a manufacturing facility in Mathura, Uttar Pradesh, with an investment of Rs 350 crore aimed at expanding its operations. This air separation unit, it was stated, is aimed at healthcare and industrial merchant operations in Kosi, Mathura.
In January 2024, Linde revealed that it had extended its current long-term contract for the provision of industrial gases with Steel Authority of India Limited (SAIL), a major steelmaker in India. Linde currently provides oxygen, nitrogen, and argon to SAIL’s Rourkela steel facility in Odisha, eastern India, utilizing two on-site air separation units (ASUs) that are functioning at maximum capacity. According to the conditions of the new deal, Linde will construct, possess, and manage an extra 1,000 tons per day ASU, almost doubling Linde’s on-site output at Rourkela. Linde's investment is anticipated to be around USD 60 million.

India Medical Oxygen Market Report Coverage:

Report Features	Details
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: Form Application Delivery Mode End User Region
Forms Covered	Liquid Oxygen, Compressed Oxygen, Oxygen Gas Mixture
Applications Covered	Therapeutic, Diagnostics
Delivery Modes Covered	Tanks/Pipeline, Cylinder, Others
End Users Covered	Hospitals and Clinics, Ambulatory Care Centers, Homecare, Others
Regions Covered	North India, South India, East India, West India
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 Questions Answered in This Report:

How has the India medical oxygen market performed so far and how will it perform in the coming years?
What is the breakup of the India medical oxygen market on the basis of form?
What is the breakup of the India medical oxygen market on the basis of application?
What is the breakup of the India medical oxygen market on the basis of delivery mode?
What is the breakup of the India medical oxygen market on the basis of end user?
What is the breakup of the India medical oxygen market on the basis of region?
What are the various stages in the value chain of the India medical oxygen market?
What are the key driving factors and challenges in the India medical oxygen market?
What is the structure of the India medical oxygen market and who are the key players?
What is the degree of competition in the India medical oxygen market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India medical oxygen market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India medical oxygen market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India medical oxygen industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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