The India oxygen cylinders market was valued at USD 438.52 Million in 2024 driven by the increasing investments in oxygen production facilities and rising demand for medical grade oxygen across healthcare and industrial sectors across the region. It is expected to grow at a CAGR of 6.80% during the forecast period of 2025-2034 and attain a market value of USD 846.65 Million by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Million
2025-2034
India Oxygen Cylinders Market Outlook
*this image is indicative*
Oxygen cylinders are essential for medical and industrial applications, providing life-saving respiratory support and critical gas supply. In India, rising pollution, smoking habits, and an aging population are increasing respiratory diseases like COPD and asthma, driving oxygen cylinder demand. Advancements in cylinder manufacturing, including lightweight materials and digital monitoring, are improving efficiency and portability. Government initiatives and private investments in oxygen production plants are strengthening supply chains. With continuous technological advancements and healthcare infrastructure expansion, the market is poised for steady growth in the forecast period.
Rising Prevalence of Respiratory Diseases to Boost Market Demand
In India, rapid urbanization, rising pollution levels, and unhealthy lifestyles are contributing to a surge in respiratory diseases like COPD, asthma, and pneumonia. Increased smoking habits, prolonged exposure to vehicular emissions, and indoor air pollution from biomass fuel usage are worsening lung health. Additionally, the aging population is getting increasingly dependent on oxygen support. The growing burden of respiratory illnesses is significantly driving demand for oxygen cylinders in hospitals and home care settings, positioning the market for growth in the coming years.
Several trends and developments are being observed in the market to enhance the current situation. Some of the noteworthy trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Product Size
Market Breakup by Technology
Market Breakup by Application
Market Breakup by End User
Segmentation Based on the Application to Witness Significant Market Growth
Based on the application, the market is divided into respiratory department, emergency room, household, operating room, and others. Among these, the respiratory department is expected to dominate the market due to the rising prevalence of respiratory conditions such as asthma and pneumonia, exacerbated by factors like increased smoking, vehicular emissions, and indoor air pollution from biomass fuels. The aging population is another factor influencing the market share of this segment, along with lingering post-COVID-19 complications that heighten the need for oxygen support. As healthcare systems increasingly focus on managing chronic respiratory diseases and providing accessible homecare solutions, the demand for oxygen cylinders in hospitals and households is set to surge.
Based on the region, the market is divided into North India, South India, East India, and West India. Among these, West India is expected to dominate the market due to the high industrial activities in this region. With consistent demand for oxygen cylinders from sectors like manufacturing and healthcare, this region will likely lead in the forecast period. Infrastructure development and the expansion of healthcare facilities in West India will further boost the market value.
The key features of the market report include patent analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies are:
Established in 2004, Rama Cylinders Pvt. Ltd. is headquartered in Mumbai, India. The company specializes in manufacturing high-pressure seamless gas cylinders, including medical oxygen cylinders, catering to industrial and healthcare needs. Rama Cylinders has developed advanced cylinder solutions to ensure efficient storage and transport of oxygen, particularly during medical emergencies. With state-of-the-art manufacturing facilities, the company provides reliable and high-quality oxygen cylinders, supporting hospitals and homecare settings in maintaining a steady oxygen supply.
Founded in 1978, Everest Kanto Cylinder Ltd. (EKC) is headquartered in Mumbai, India. The company is a leading manufacturer of high-pressure gas cylinders, including medical oxygen cylinders. EKC has launched a range of lightweight and durable oxygen cylinders to cater to hospitals, ambulances, and homecare needs. EKC continues to innovate in gas storage technology for enhanced safety and efficiency.
Shaba Cylinders Pvt. Ltd., established in 1999, is based in Madhya Pradesh, India. The company is known for producing high-quality gas cylinders, including medical oxygen cylinders, for healthcare and industrial applications. Shaba Cylinders has introduced advanced oxygen storage solutions, ensuring high safety standards and reliability in oxygen supply.
BGL Cylinders Industries, headquartered in Ujjain, India, has been a key player in the manufacturing of high-pressure gas cylinders for several years. The company specializes in producing medical oxygen cylinders, designed for efficient and safe oxygen storage and distribution. BGL Cylinders has introduced durable and corrosion-resistant oxygen cylinders to meet the growing healthcare demand.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other companies include Luxfer Gas Cylinders, and Al-can Exports Private Limited.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Product Size |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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