What’s next for the APAC oxygen concentrator market?

Emerging countries like China, Japan, and India are major contributors to growth.

The Asia-Pacific region is expected to see the fastest growth in the global oxygen concentrator market, which is projected to reach $6.3b by 2032, according to DataIntelo.

The sector’s expansion is attributed to rising healthcare expenditures, an increasing geriatric population, and improved access to medical equipment.

“Emerging countries such as China, Japan, and India are major contributors to the region’s growth, with large populations and growing awareness about healthcare solutions driving the demand for oxygen concentrators,” the report said.

Meanwhile, a rise in respiratory illnesses and ageing populations further drive market growth.

“The introduction of portable oxygen concentrators has been a game-changer in the market, offering patients greater mobility and convenience,” it added.