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

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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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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,
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• 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

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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.
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• 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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• Contact
• Ken Research
• Ankur Gupta, Head Marketing Communications
• sales_at_kenresearch.com
• 91-124-4230204

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