Table of Contents
Introduction
The portable oxygen kit market in India has grown a lot in recent years. This growth is due to the rising number of people with breathing problems, the increasing elderly population, and more awareness about healthcare. The COVID-19 pandemic also played a big role in boosting the demand for oxygen kits, as more people needed breathing support during the crisis. In 2023, the global portable oxygen kit market was valued at around $2.2 billion, with India making a big contribution to this figure. In this blog, we will look at the top 10 companies that are leading the portable oxygen kit market in India and see how global trends are also shaping this market.
Overview of the Portable Oxygen Kit Market
Portable oxygen kits, or portable oxygen concentrators (POCs), are devices that help people with breathing problems. They take in normal air, filter out other gases, and deliver high-purity oxygen to the patient. This helps people with conditions like Chronic Obstructive Pulmonary Disease (COPD), asthma, and other lung diseases breathe more easily.
In India, the demand for these kits is growing fast, with the market expected to grow at a rate of 7.2% per year from 2023 to 2028. This increase is driven by several factors, including pollution, smoking, and an aging population that needs more oxygen therapy. Over the years, these devices have become smaller, easier to carry, and more efficient, which has made them very popular among patients who need oxygen on the go.
Why Portable Oxygen Kits are Important for Breathing Problems
Portable oxygen kits are very important for people with breathing issues. They provide a steady supply of oxygen to people who need it, especially those with long-term lung problems. These kits are portable, meaning they are easy to carry and can be used anywhere, giving patients the freedom to move around. Unlike traditional oxygen tanks, which are heavy and difficult to move, portable oxygen concentrators are much lighter and easier to use. This makes life easier for patients, as they don’t have to be tied to one place for their oxygen needs.
Key Factors Driving the Demand for Portable Oxygen Kits in India
There are several reasons why the demand for portable oxygen kits is increasing in India:
- Increase in respiratory diseases: India has a large number of people with breathing problems. Around 25 million people in India suffer from Chronic Obstructive Pulmonary Disease (COPD), according to the World Health Organization (WHO).
- Aging population: India has over 140 million people aged 60 and above. As people get older, they often need oxygen therapy due to weakening lungs, which increases the demand for portable oxygen kits.
- Air pollution: Many Indian cities have very high levels of air pollution. Cities like Delhi and Mumbai are some of the most polluted in the world, which leads to a lot of respiratory diseases.
- Technological advancements: Companies are creating more advanced, lightweight, and easy-to-use oxygen concentrators. These technological improvements make portable oxygen kits more attractive and accessible to patients.
Overview of Global and Indian Portable Oxygen Kit Markets
Globally, the portable oxygen kit market is expected to grow by 8.5% each year. Countries in North America and Europe are leading in terms of new technology and innovations. In India, the market is growing fast but is still smaller compared to the global market. However, international companies are bringing their advanced products to India, which is helping to improve the quality and options available to patients. As more people opt for home-based healthcare, the use of portable oxygen kits is becoming more common.
Top 10 Companies in the Portable Oxygen Kit Market in India
1. Philips Healthcare
Philips Healthcare is one of the leading companies in India’s portable oxygen kit market. Their SimplyGo Mini portable oxygen concentrator is a popular choice among Indian consumers. It weighs less than 2.5 kg, making it very easy to carry. The device can deliver both continuous and pulse-dose oxygen, which gives users flexibility depending on their needs. Philips is known for making user-friendly devices that allow patients to live a more mobile and independent life.
2. OxyGo
OxyGo is known for making lightweight and affordable oxygen concentrators. Their products are designed for ease of use and long battery life, which is important for patients who need oxygen throughout the day. The OxyGo Fit is one of their best-selling models, weighing only 2.3 kg. This makes it one of the lightest devices in the market, making it easier for patients to carry and use.
3. Inogen
Inogen is another big name in the portable oxygen kit market, and their products have gained a lot of popularity in India. The Inogen One G5 is known for offering 6 different oxygen flow settings, giving users more control over how much oxygen they get. It also weighs about 2.2 kg, making it a compact and efficient option for patients.
4. Drive DeVilbiss Healthcare
Drive DeVilbiss is a well-established name in the healthcare market. Their iGo2 Portable Oxygen Concentrator is known for its SmartDose technology, which automatically adjusts the oxygen level based on the patient’s breathing pattern. This makes it a great choice for people who need different amounts of oxygen depending on their activity level.
5. Nidek Medical
Nidek Medical has been providing reliable healthcare products in India for a long time. Their Nuvo Lite portable oxygen concentrators are designed to provide continuous oxygen flow, making them suitable for patients who need constant oxygen. Nidek is known for offering good quality at an affordable price, which has made them popular among both hospitals and home healthcare providers.
6. OxyPure
OxyPure is a newer company in the Indian market but has quickly become a key player. Their focus is on creating cost-effective solutions without compromising on quality. The OxyPure Mini provides up to 5 liters per minute of oxygen flow and has a long battery life, making it perfect for patients who are always on the go.
7. Invacare Corporation
Invacare is a global leader in medical equipment and has a strong presence in India. Their Platinum Mobile Oxygen Concentrator offers up to 8 hours of battery life, which makes it one of the longest-lasting devices in the market. This is especially useful for patients who need oxygen therapy while traveling.
8. ResMed
ResMed is another well-known company that provides high-quality respiratory care products. Their Mobi Portable Oxygen Concentrator is designed to be compact and lightweight, with a battery life of up to 6 hours. The sleek design and durability make it a popular choice for Indian patients.
9. Oxygen Concentrators India
Oxygen Concentrators India is a domestic company that has made a significant impact in the local market. Their OCI 5L Oxygen Concentrator is widely used for home healthcare and is known for its affordability and efficiency. This has made it a popular choice in both urban and rural areas of India.
10. OXY99
OXY99 is known for providing affordable portable oxygen kits. Their products are designed to be lightweight and easy to use, making them accessible to a wide range of people. The OXY99 Mini offers 99% pure oxygen, and its portable design makes it easy for patients to use it whenever and wherever they need it.
World Top 10 Companies in the Portable Oxygen Kit Market
Globally, several companies dominate the portable oxygen kit market. These companies lead the way in technology and product innovation, which also affects the Indian market. Here are the top 10 global companies:
- Philips Healthcare
- Inogen
- Invacare Corporation
- Drive DeVilbiss Healthcare
- OxyGo
- Chart Industries
- ResMed
- Linde Healthcare
- Medtronic
- Besco Medical
These companies not only control the global market but also bring cutting-edge technologies to India, making portable oxygen kits more advanced and efficient.
Trends and Innovations in the Portable Oxygen Kit Industry
As technology continues to evolve, portable oxygen kits are also getting better. Some key trends include:
- Smaller devices: Portable oxygen kits are becoming lighter and more compact, making them easier for patients to carry.
- Smart technology: Some devices now come with technology that automatically adjusts oxygen levels based on the patient’s needs.
- Eco-friendly solutions: Companies are working on making devices that are more energy-efficient and environmentally friendly.
Challenges Facing the Portable Oxygen Kit Market in India
While the portable oxygen kit market in India is growing, there are still challenges that need to be addressed:
- High cost: Many advanced oxygen concentrators are expensive, making them hard to afford for low-income families.
- Lack of awareness: In rural areas, many people are not aware of the benefits of portable oxygen kits, which limits their use.
- Distribution issues: Many remote areas still lack access to good healthcare services, which makes it difficult to get oxygen kits to patients who need them.
