Vietnam Pharmaceutical Market is Witnessing Rapid Growth on Account of Rising Aging Population and Improving Spending Power: Ken Research - PowerPoint PPT Presentation

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Vietnam Pharmaceutical Market is Witnessing Rapid Growth on Account of Rising Aging Population and Improving Spending Power: Ken Research

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The medical devices industry is largely import driven in Vietnam. The medical devices market in Vietnam witnessed a moderate growth rate. The medical devices market contributed a share of around ~% (USD ~ billion) of the total healthcare market in Vietnam in 2017. For more information on the research report, refer to below link: – PowerPoint PPT presentation

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Title: Vietnam Pharmaceutical Market is Witnessing Rapid Growth on Account of Rising Aging Population and Improving Spending Power: Ken Research


1
Vietnam Pharmaceutical Market is Witnessing Rapid
Growth on Account of Rising Aging Population and
Improving Spending Power Ken Research
2
Vietnam healthcare market size, market
segmentation by hospitals clinics, diagnostic
labs market, pharmaceutical market and medical
devices market, The report also covers market in
different aspects such as healthcare scenario in
Vietnam, government and private spending on
healthcare, cross comparison of healthcare sector
of Vietnam with other Asia Pacific countries,
mergers, acquisitions and funding in healthcare
sector, investment model for setting up a
hospital, snapshots of daycare centers and
polyclinics, investment model for setting up a
diagnostic laboratory,
3
  • government regulations for launching a new drug,
    role of IT companies in Vietnam and comparative
    analysis of major players in each section. The
    report provides detailed overview on future
    outlook projections with analyst
    recommendations for the industry.
  • Healthcare market in Vietnam has been supported
    by the ever increasing and ageing population of
    the country.
  • The deregulation of the healthcare sector along
    with increase in average income of the middle
    class population will lead the growth of the
    Vietnamese healthcare market in the upcoming
    years.
  • The Vietnamese government has a target of
    covering more than 84 of the population with
    health insurance by 2020. The government has
    invested heavily into the healthcare sector to
    make it accessible and affordable to everyone.
    However, owing to the ever increasing

4
population the pressure on the public system is
huge. Addressing this issue of overcrowding of
public healthcare establishments (hospitals,
clinics and diagnostic laboratories) the
government decided to deregulate the healthcare
system in 2014. This structural change in the
governments policy has opened the doors for
private national and international investment
into the healthcare system. Owing to this change,
the healthcare market in Vietnam is expected to
witness substantial growth in the coming years.
In recent years the average household expenditure
on healthcare in Vietnam has increased threefold
and is expected to further increase in the
future. Majority of the healthcare services are
concentrated in urban areas and cities. The
patient concentration in cities has drastically
increased in recent years, owing to this there is
need for new healthcare facilities to be built in
rural areas. The overall Healthcare Access and
Quality (HAQ) Index in the country has increased,
but there is still room for improvement to reach
the best possible threshold, given the level of
development in the country.
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The demand for pharmaceutical products has
increased tremendously in recent years owing to
the increase in average income of the middle
class population in the country. With the
deregulation of the healthcare sector, more
national and international companies are expected
to invest in the sector and more indigenous
pharmaceutical companies are expected to come up
in the future. The number of hospitals is
expected to grow at a much faster pace along with
privatization of public hospital. This will
release the pressure off the public hospitals and
raise the overall standard of healthcare in the
country. The diagnostic laboratories market is
also likely to grow in the future owing to the
increase in demand as well as increase in private
investment into the sector. With the development
of hospitals, clinics and diagnostic laboratories
in the country the medical devices are also
likely to get updated. The dependency on import
of these devices is likely to continue in the
future. However, the domestic production of
consumable medical equipments is expected to grow
in the country.
6
  • Ken Research in its latest study, Vietnam
    Healthcare Market by Industry Type (Hospitals
    Clinics, Diagnostic Labs, Pharmaceutical and
    Medical Devices) Outlook to 2022, suggests that
    the Healthcare market in the Vietnam will grow at
    a substantial rate owing to liberalization policy
    adopted by the government and increase in demand
    for healthcare services.
  • Key Topics Covered in the Report
  • Vietnam Healthcare Market Size
  • Single Specialty and Multispecialty Hospitals in
    Vietnam
  • Private Hospital Revenue Vietnam
  • Market share of Major Hospitals in Vietnam
  • Diagnostics Laboratories in Vietnam
  • Revenue of Laboratories by Type of Test in
    Vietnam
  • Vietnam Medical Devices Market Size
  • Vietnam Orthopaedic Appliances Market Demand
  • Dental Devices Revenue Vietnam

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  • Medical and Electro-diagnostics Apparatus Market
    Vietnam
  • General Medical Instruments Consumption in
    Vietnam
  • Medical Consumables Market in Vietnam
  • Vietnam Ophthalmic Instruments Market Consumption
  • Vietnam Respiratory Devices Market
  • Vietnam Imaging Devices Market Outlook
  • Market Share of Major Players in Vietnam Medical
    Devices Market
  • Vietnam Pharmaceuticals Market Size
  • Vietnam Pharmaceuticals Market Segmentation
  • Market Share of Major Payers in Pharmaceutical
    Market
  • Vietnam Clinic and Health Center Market Size
  • Comparative Analysis of Major Diagnostic Labs in
    Vietnam
  • For more information on the research report,
    refer to below link
  • https//www.kenresearch.com/healthcare/general-hea
    lthcare/vietnam-healthcare-market-report/142714-91
    .html

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  • Related Reports by Ken Research
  • https//www.kenresearch.com/healthcare/general-hea
    lthcare/qatar-healthcare-market-report/99730-91.ht
    ml
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/global-robotic-surgery-market/142287-91.html
  • https//www.kenresearch.com/healthcare/general-hea
    lthcare/saudi-arabia-dental-care-market/142283-91.
    html
  • Contact
  • Ken Research
  • Ankur Gupta, Head Marketing Communications
  • sales_at_kenresearch.com
  • 91-124-4230204

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