India Medical Oxygen Market 2025-2033: Size, Share & Trends Analysis

The latest report by IMARC Group, titled "India Medical Oxygen Market Size, Share, Trends and Forecast by Form, Application, Delivery Mode, End User, and Region, 2025-2033", offers a comprehensive analysis of the India video surveillance systems market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. 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.

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 Overview

India's medical oxygen market is witnessing consistent expansion as healthcare systems increasingly integrate oxygen therapy into both acute and long-term patient care. Rising awareness of respiratory health and the prevalence of conditions like asthma, COPD, and post-COVID complications are elevating demand for oxygen across hospitals, clinics, and homecare environments. The market is further benefitting from advancements in healthcare delivery and increased investments in critical care infrastructure. As both public and private institutions enhance emergency response capabilities, medical oxygen is emerging as a foundational element of India's evolving healthcare ecosystem.

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India Medical Oxygen Market Trends & Drivers

Several key drivers are shaping the growth trajectory of the India medical oxygen market. Technological innovations in production methods-such as pressure swing adsorption (PSA) systems and cryogenic plants-are improving efficiency and scalability. Simultaneously, home-based care is becoming more widespread, with portable concentrators and oxygen cylinders gaining traction among elderly patients and those with chronic conditions. Government initiatives are playing a pivotal role in boosting rural access by setting up on-site oxygen generation units in regional hospitals, ensuring timely and equitable delivery. Moreover, digital integration through smart monitoring devices is optimizing oxygen usage and enhancing patient outcomes. Strategic collaborations between healthcare providers and public agencies are reinforcing supply chains and ensuring operational resilience. As these trends converge, the market is positioned to meet increasing demand through innovation, accessibility, and patient-centric care.

India Medical Oxygen Market Segmentation:

Form Insights
● Liquid Oxygen
● Compressed Oxygen
● Oxygen Gas Mixture

Application Insights
● Therapeutic
● Diagnostics

Delivery Mode Insights
● Tanks/Pipeline
● Cylinder
● Others

End User Insights
● Hospitals and Clinics
● Ambulatory Care Centers
● Homecare
● Others

Regional Insights
● North India
● South India
● East India
● West India

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India Medical Oxygen Market News:

● Air Liquide India's New Manufacturing Facility in Mathura: In July 2024, Air Liquide India inaugurated a manufacturing unit in Mathura, Uttar Pradesh, investing approximately ₹350 crore. This air separation unit, located in Kosi, Mathura, is dedicated to serving both healthcare and industrial sectors. It boasts a production capacity exceeding 300 tonnes of liquid oxygen and medical oxygen daily, along with about 45 tonnes of liquid nitrogen and 12 tonnes of liquid argon per day. The facility aims to supply industrial gases across Delhi Capital Territory, Western Uttar Pradesh, Rajasthan, and Madhya Pradesh. Notably, the medical-grade oxygen produced here will be supplied to hospitals, and the unit plans to operate entirely on renewable energy by 2030.

● Linde's Expanded Agreement with Steel Authority of India Limited (SAIL): In January 2024, Linde announced an expansion of its long-term agreement with SAIL, one of India's major steelmakers. Linde currently supplies oxygen, nitrogen, and argon to SAIL's Rourkela steel plant in Odisha through two on-site air separation units operating at full capacity. Under the new agreement, Linde will build, own, and operate an additional 1,000 tonnes per day ASU, nearly doubling its on-site production at Rourkela. This investment, estimated at around $60 million, is expected to come online in 2026 and will support SAIL's expansion and modernization efforts.

Key highlights of the Report:
1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape

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This release was published on openPR.