South Korea Oxygen Concentrator Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Portable Oxygen Concentrators, Stationary Oxygen Concentrators), By Technology (Continuous Flow, Pulse Dose), and South Korea Oxygen Concentrator Market Insights, Industry Trend, Forecasts to 2035.

South Korea Oxygen Concentrator Market Insights Forecasts to 2035

• The South Korea Oxygen Concentrator Market size is Expected to Grow at a CAGR of around 5.9% from 2025 to 2035
• The South Korea Oxygen Concentrator Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Oxygen Concentrator Market is anticipated to grow at a CAGR of 5.9% from 2025 to 2035. The market is driven by rising respiratory disease prevalence, an ageing population, and technological advancements in portable and stationary oxygen concentrators.

Market Overview

The South Korea oxygen concentrator market includes devices that would concentrate oxygen in ambient air to provide supplemental oxygen therapy to patients suffering from respiratory illness.  Oxygen concentrators can be portable and stationary devices and are compulsory for patients who have a chronic illness such as COPD, Asthma, and post COVID.  South Korea's market is steadily increasing because of an older population, higher rates of respiratory illness, and increased adoption and acceptance of home healthcare products is due to technology and the pressures of COVID. More companies are beginning to provide portable oxygen concentrators as they are portable, smaller, and with longer battery capabilities.  Stationary oxygen concentrators will still fulfill a large portion of the hospital and long term oxygen therapy markets where continuous flow therapy is necessary.  Technology improvements in pulse dose and continuous flow methods, solid reimbursement policies, and strong values (in both rental hospital, rental homecare, and e commerce routes) are the primary drivers to reduce access challenges around mobility.

Report Coverage

This research report categorizes the market for the South Korea oxygen concentrator market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea oxygen concentrator market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea oxygen concentrator market.

Driving Factors

The South Korea oxygen concentrator market is being driven by the increasing prevalence of chronic respiratory diseases like COPD and asthma, as well as an ageing population and the need for long term oxygen therapy. Growing awareness of the benefits of oxygen concentrators and a shift to home healthcare are helping drive more adoption. Greater technology in both portable and stationary units, like longer battery life, lighter weight, and improved airflow, make them more usable and attractive. Supportive reimbursement policies, the growth of rental services, and more e commerce channels, help push market demand even further.

Restraining Factors

The market is constrained by advanced portable units that are expensive to purchase, little insurance coverage, the required maintenance of vibratory devices, supply chain restraints for key components, and conservative prescribing behavior among healthcare practitioners.

Market Segmentation

The South Korea oxygen concentrator market share is classified into product type and technology.

• The portable oxygen concentrators segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea oxygen concentrator market is segmented by product type into portable oxygen concentrators and stationary oxygen concentrators. Among these, the portable oxygen concentrators segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to lightweight, compact, and easy to use, while still allowing patients to move and receive their oxygen therapy. Their more widespread use in home healthcare and improvements such as increased battery life, quietness, and ease of use all contribute to the growth of this segment.

• The continuous flow segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea oxygen concentrator market is segmented by technology into continuous flow and pulse dose. Among these, the continuous flow segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the constant stream of oxygen measured in liters per minute, making it suitable for patients with a severe respiratory condition and for use overnight. Continuous flow technology is usually found in stationary oxygen concentrators and some high-end portable models.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea oxygen concentrator market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Philips Respironics
• Invacare Corporation
• Drive DeVilbiss Healthcare
• Inogen Inc.
• Nidek Medical Products Inc.
• Teijin Limited
• GCE Group
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea oxygen concentrator market based on the below-mentioned segments:

South Korea Oxygen Concentrator Market, By Product Type

• Portable Oxygen Concentrators
• Stationary Oxygen Concentrators

South Korea Oxygen Concentrator Market, By Technology

• Continuous Flow
• Pulse Dose