In this study, the effects of gas concentration and bubble collapse on tip vortex cavitation noise of NACA16-020 wings are investigated using coupled Eulerian-Lagrangian method based on sequential application of Reynolds averaged Navier-Stokes (RANS) solver, bubble dynamics model and acoustic analogy. The bubble dynamics model used in the preceding study (Ku et al., 2020) is modified by including the gas pressure terms and the bubble collapse model, which depends on the timing and threshold of bubble collapse, the number, initial radius and location of divided bubbles. The validity of the modified bubble dynamics model is confirmed through its application to a benchmark problem where single bubble is triggered by laser. Then, the coupled Eulerian-Lagrangian method based on the modified bubble dynamic model is applied for the prediction of tip-vortex cavitation noise of NACA16-020 wing. The predicted results of the tip vortex pattern and acoustic pressure spectrum are compared with the measured results, which shows closer agreements between two results than those in the previous study.