Vietnam E-Pharmacy Market - Industry Size, Share, Trends, Opportunity & Forecast 2026 | TechSci Research

1
2016 2026
VIETNAM E-PHARMACY MARKET FORECAST
OPPORTUNITIES
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• Scope of Report
• Product of Interest (POI) E-Pharmacy

An e-pharmacy is a one-stop online portal where a
person can seek medical advice through online
consultation, order prescription drugs after duly
sharing a copy of the prescription, access OTC
health products, and in some cases, even order
relevant health check up tests and receive all of
these services at their doorstep. Just like other
e-commerce portals, online pharmacies offer good
discounts and cash back on all services offered.
Market Segmentation
OPERATING PLATFORM

• Apps
• Websites

THERAPY AREA
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• Table of Contents

S. No. Contents Contents Contents Page No.
1. Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.)
2. Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.) Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.) Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.)
3. Executive Summary Executive Summary Executive Summary
4. Impact of COVID-19 on Vietnam E-Pharmacy Market Impact of COVID-19 on Vietnam E-Pharmacy Market Impact of COVID-19 on Vietnam E-Pharmacy Market
5. Voice of Customer Voice of Customer Voice of Customer
5.1. Brand Awareness Brand Awareness
5.2. Reasons for Buying Medicine Online Reasons for Buying Medicine Online
5.3. Frequency of Internet Usage Within a Week Frequency of Internet Usage Within a Week
5.4. Device Used to access Internet Device Used to access Internet
5.5. Category of Medicine Purchased Online Category of Medicine Purchased Online
6. Vietnam E-Pharmacy Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) Vietnam E-Pharmacy Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) Vietnam E-Pharmacy Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total markets growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.)
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value
6.2. Market Share Forecast(This chapter would include the market size i.e., the revenue generated from the Vietnam E-Pharmacy market in one year. In this case, the market size will be provided in value terms for historic period (2016-2019) current/base year (2020) estimated year (2021E) and forecast (2022-2026)) Market Share Forecast(This chapter would include the market size i.e., the revenue generated from the Vietnam E-Pharmacy market in one year. In this case, the market size will be provided in value terms for historic period (2016-2019) current/base year (2020) estimated year (2021E) and forecast (2022-2026))
6.2.1. By Product Type (Prescription Medicines v/s Over-The-Counter Medicines)
6.2.2. By Therapy Area (Vitamins, Cold Flu, Dermatology, Weight Loss, Others)
6.2.3. By Operating Platform (Apps v/s Websites)
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• Table of Contents

S. No. Contents Contents Contents Contents Page No.
6.2.4. 6.2.4. By Region
6.2.5. 6.2.5. By Company (2020)
6.3. Product Market Map Product Market Map Product Market Map
7. Vietnam Apps Based E Pharmacy Market Outlook, 2016-2026F Vietnam Apps Based E Pharmacy Market Outlook, 2016-2026F Vietnam Apps Based E Pharmacy Market Outlook, 2016-2026F Vietnam Apps Based E Pharmacy Market Outlook, 2016-2026F
7.1. Market Size Forecast Market Size Forecast Market Size Forecast
7.1.1. 7.1.1. By Value
7.2. Market Share Forecast Market Share Forecast Market Share Forecast
7.2.1. 7.2.1. By Product Type
7.2.2. 7.2.2. By Therapy Area
8. Vietnam Websites Based E Pharmacy Market Outlook, 2016-2026F Vietnam Websites Based E Pharmacy Market Outlook, 2016-2026F Vietnam Websites Based E Pharmacy Market Outlook, 2016-2026F Vietnam Websites Based E Pharmacy Market Outlook, 2016-2026F
8.1. Market Size Forecast Market Size Forecast Market Size Forecast
8.1.1. 8.1.1. By Value
8.2. Market Share Forecast Market Share Forecast Market Share Forecast
8.2.1. 8.2.1. By Product Type
8.2.2. 8.2.2. By Therapy Area
9. Market Dynamics Market Dynamics Market Dynamics Market Dynamics
9.1. 9.1. Drivers Drivers
9.2. 9.2. Challenges Challenges
10. Market Trends Developments Market Trends Developments Market Trends Developments Market Trends Developments
11. Policy Regulatory Landscape Policy Regulatory Landscape Policy Regulatory Landscape Policy Regulatory Landscape
12. Vietnam Economic Profile Vietnam Economic Profile Vietnam Economic Profile Vietnam Economic Profile
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• Table of Contents

S. No. Contents Contents Contents Page No.
13. Competitive Landscape Competitive Landscape Competitive Landscape
13.1. Competition Outlook Competition Outlook
13.2. Company Profiles (Leading Companies) Company Profiles (Leading Companies)
13.2.1. Company Details
13.2.2. Products Services
13.2.3. Financials (As Reported)
13.2.4. Key Market Focus Geographical Presence
13.2.5. Recent Developments
13.2.6. Key Management Personnel
14. Strategic Recommendations Strategic Recommendations Strategic Recommendations
15. About Us Disclaimer About Us Disclaimer About Us Disclaimer
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RESEARCH METHODOLOGY
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• Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the Vietnam E-Pharmacy
market, overall market size and segmental market
size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the Vietnam E-Pharmacy market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis

• Recent Developments
• Market Changing Aspects/Dynamics
• Government Policies
• Final Conclusion

• Market Participants
• Key Strengths

• Identifying Key Opinion Leaders
• Questionnaire Design
• In-depth Interviews

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• Research Methodology

• Baseline Methodology
• Our dedicated team of industry experts has
  monitored and analyzed various aspects of Vietnam
  E-Pharmacy market. The team has analyzed the
  outlook of various segments of this market, while
  considering the major influencing factors such as
  increasing demand for E-Pharmacy. The study
  includes market forecasting, which would enable
  our clients to take better decisions while
  planning their strategy to achieve sustainability
  in Vietnam E-Pharmacy market.
• Methodology Followed for Calculation of Market
  Size
• Market Size By Value Market size, in terms of
  value, for the year 2020 was calculated based on
  information collected through exhaustive
  secondary research and primary surveys, with
  various key opinion leaders/stakeholders, such as
  E-Pharmacy companies, channel partners, market
  influencers end users, industry experts, and
  other industry participants.
• The team interviewed more than 15 20 E-Pharmacy
  companies, 45 50 channel partners, 80 100 end
  users, and 15 20 industry experts and other
  value chain stakeholders in Vietnam E-Pharmacy
  market to obtain the overall market size for 2016
  2020, which was validated by the Delphi
  technique. Taking standard deviation into
  consideration, the market size was averaged out,
  to arrive at the market size data during
  2016-2020.

9

• Research Methodology

• Respondents were asked about the current and
  future market growth rates, market shares by
  product type, by therapy area, by operating
  platform, by region and by company. Removing the
  outlier responses, the geometric mean of growth
  estimates and supplier wise revenue shares
  generated across various segments were
  considered, to arrive at the final revenue
  shares. Revenue shares generated across various
  segments were further triangulated from other
  stakeholders.
• Methodology Followed for Calculation of Market
  Shares
• Market shares by product type, by therapy area,
  by operating platform, by region and by company
  were calculated based on the responses received
  through primary surveys with industry experts, in
  which the respondents were asked about the market
  shares or revenue generated from various segments
  of E-Pharmacy market. The final shares were
  calculated by taking the geometric mean of the
  responses gathered from key opinion leaders after
  eliminating the outliers.
• Methodology Followed for Forecasting
• TechSci Research performed periodical checks on
  data collected through the surveys with logic
  checks and analyzed the survey results in
  SPSS/Tableau Software.
• Data triangulation techniques were applied to
  fill the gaps and to present a more meaningful
  picture of the market. To forecast Vietnam
  E-Pharmacy market, TechSci Research used various
  forecast techniques such as
• Moving Average
• Time Series Analysis
• Regression Analysis
• Econometric and Judgmental Analysis

10

• Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
Medcare Services and Investment co. TNHH Buymed Long Chau Phano Pharmacy Jio Health Med247 Vietskin (Gia Han Medical Services Joint Stock Company) Pharmacity World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies Credible Paid Databases
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• Industry Brief

E-commerce popularity is driving the growth of
Vietnam E-Pharmacy Market, in the forecast
period, 2022-2026. According to TechSci report
on, Vietnam E-Pharmacy Market By Product Type
(Prescription Medicines v/s Over-The-Counter
Medicines), By Therapy Area (Vitamins, Cold
Flu, Dermatology, Weight Loss, Others), By
Operating Platform (Apps v/s Websites), By
Region, Competition Forecast Opportunities,
2026, Vietnam e-pharmacy market has shown
promising growth in historical years until 2019
and is expected to continue its growth in
upcoming forecast years 2021 to 2026. Vietnam
e-pharmacy market owes its growth to the factors
like extensive research and technological
advancements in the e-pharmacy services.
Increasing product innovations and technological
advancements in the healthcare industry and their
availability on the online platforms for the
consumer purchases is further driving the growth
of the Vietnam e-pharmacy market in the upcoming
five years. Moreover, the availability of the
solutions, services and products to fulfill the
consumer demands and increasing prevalence of
chronic diseases is further supporting the growth
of the Vietnam e-pharmacy market in the next five
years. Also, surging demand for the improved
patient care and patient management is
substantiating the growth of the Vietnam
e-pharmacy market in the future five years.
Additionally, growing telemedicine network in the
country is also actively influencing the
consumers preference toward e-pharmacy thus
aiding the growth of the Vietnam e-pharmacy
market in the forecast years. The Vietnam
e-pharmacy market is segmented by product type,
therapy area, operating platform, competitional
landscape, and regional distribution. Based on
therapy area, the market is also segmented into
vitamins, cold flu, dermatology, weight loss,
and others. Cold flu drugs are anticipated to
hold the largest revenue shares of the market and
assert the dominance over the market segment in
the upcoming five years on the account of
increased pulmonary diseases and increased
breathing problems. Moreover, recent pandemic
situation aided the growth of thew market segment
as well as the growth of the Vietnam e-pharmacy
market in the next five years. Also, vitamins are
anticipated to register significant growth in the
upcoming five years on the account of rising
concerns among the consumers regarding health.
Vitamins are often administered as supplements
and thus supporting the growth of the sub-segment
as well as the growth of the Vietnam e-pharmacy
market in the future five years. Medcare
Services and Investment co., TNHH Buymed, Long
Chau Phano Pharmacy, Jio Health, Med247,
Vietskin (Gia Han Medical Services Joint Stock
Company), Pharmacity, among others are some of
the market share-holders that drive the future
growth of the Vietnam e-pharmacy market. These
market players hold larger shares of the market
than the new market players. With the evolving
technology, it is appropriate to say that the
effective research and development of the
technologically advanced instruments and methods
to satisfy consumer demands would support the
market growth and benefit the market players as
well as the consumers. New market players may
focus on the research and development to provide
such products and services that satisfies the
consumer demand as well as benefits the market
players in building their brand value. Other
competitive strategies include mergers
acquisitions and new product developments.
Vietnam healthcare industry is expanding and
demand for advanced technology, innovative idea,
and product development is anticipated to support
the growth of the Vietnam e-pharmacy market in
the future five years. Adoption of e-pharmacy has
improved accessibility toward drugs and other
pharmaceutical products, the factor is also
anticipated to aid the future growth of Vietnam
e-pharmacy market in the next five years. New
market players may focus on the research and
development of the better raw material for the
e-pharmacy manufacturing. Technological
advancements are going to support their brand
establishment and expand the market in future
five years. Initiatives by the government and
regulations policies in support of e-pharmacy
services is anticipated to further drive the
market growth in the upcoming five years.
Existent market player may focus on various
pricing of the products and added schemes during
purchases such that it influences purchase
pattern of the consumers, said Mr. Karan Chechi,
Research Director with TechSci Research, a
research based global management consulting firm.
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• Sample Data - Snapshot

Vietnam E-Pharmacy Market Size, By Value (USD
Million, 20162026F
CAGR By Value
CAGR By Value
XX
YY
Vietnam E-Pharmacy Market Share, By Product Type,
By Value, 20162026F
Vietnam E-Pharmacy Market Share, By Operating
Platform, By Value, 20162026F
Vietnam Apps Based E Pharmacy Market Share, By
Therapy Area, By Value, 20162026F
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• Report Ordering

• Report Name VIETNAM E-PHARMACY MARKET
• FORECAST OPPORTUNITIES
• 2016 2026

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detailed analysis of company activity and
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