Market Overview:

This report presents an extensive evaluation of the Vietnam Medical Devices Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Vietnam Medical Devices Market)

1. Executive Summary
2. Market Definition & Research Methodology
3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
4. Segment Analysis and Geographical Breakdown
5. Competitive Landscape & Strategic Initiatives
6. Regulatory Environment & Policy Factors
7. Growth Forecast Model (2024–2030)
8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Vietnam Medical Devices Market Driver:

Increasing Occurrence of Chronic Diseases – The occurrence of several preventable chronic diseases, such as diabetes, cardiovascular diseases (CVDs), etc., across Vietnam, has successfully boosted the overall medical devices market in the country. For instance, as mentioned by the International Diabetes Federation (IDF), there were around 3,994,100 people with diabetes in Vietnam in 2021, and the number is expected to increase to 4,961,600 and 6,015,300 by 2030 and 2045, respectively. As a result, the demand for insulin pumps, glucose monitoring devices, and other diabetes care devices has increased in Vietnam.

Additionally, the increasing incidence rates of various types of cancer like breast cancer, prostate cancer, etc., in the country is also anticipated to drive the demand for medical devices in Vietnam. For instance, according to the Global Cancer Observatory, the new cancer incidence rate in Vietnam in 2022 was roughly 180,000 and could reach about 292, 000 in 2045. Consequently, the demand for different medical devices such as Computed Tomography (CT), Magnetic Resonance Imaging (MRI), etc., employed for the diagnosis and treatment of cancer would increase, driving the growth of the Vietnam Medical Devices Market.

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Leading players of Vietnam Medical Devices Market including:

• Terumo Corporation
• USM Healthcare
• Nihon Kohden Corporation
• Medtronic plc
• Stryker
• Abbott Laboratories
• Koninklijke Philips N.V.
• Boston Scientific Corporation
• Becton Dickinson and Company
• GE Healthcare

Vietnam Medical Devices Market Segmentation:

By Device Type

• Diagnostic Devices
• Monitoring Devices
• Drug Delivery Devices
• Bio Implants and Stimulation Devices
• Surgical Devices
• Treatment Equipment
• Others (Anaesthesia Devices, Mobility Aid Devices, etc.)

The Diagnostic Devices segment of the Vietnam Medical Devices Market is anticipated to grow with a significant market share over the forecast period.

By Therapeutic Application

• Gastrointestinal Surgery
• Cardiology
• Respiratory
• General Surgery
• Orthopedics
• Dental
• Nephrology & Urology
• Neurology
• Ophthalmology
• Ear-Nose-Throat (ENT)
• Others (Dermatology, Gynecology, etc.)

By End User

• Hospitals
• Specialty Centers & Clinics
• Diagnostic Centres
• Others (Research Organisations, Homecare, etc.)

By Region

• North
• South
• Central

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Key Highlights of MarkNtel Advisors' Research Methodology

• MarkNtel Advisors uses a robust methodology for accurate market analysis.
• Research objectives are clearly defined with tailored methodologies for clients.
• A representative sample is selected to ensure reliable data collection.
• Data analysis includes cleaning, statistical evaluations, and validation checks.
• Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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