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Title: Vietnam Pharmaceuticals Market - Industry Size, Share, Trends, Opportunity & Forecast 2026 | TechSci Research


1
2016 2026
VIETNAM PHARMACEUTICAL MARKET FORECAST
OPPORTUNITIES
www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
2
  • Scope of Report
  • Product of Interest (POI) Pharmaceutical

Pharmaceuticals are the substances intended for
use in diagnosis, treatment, and prevention of
diseases. Additionally, can also be used for
restoring, correcting, and modifying organic
functions.
PRODUCT TYPE
DISTRIBUTION CHANNEL
REGION
  • Prescription Drugs
  • Over-The-Counter Drugs
  • Retail Pharmacy
  • Hospital Pharmacy
  • E-Pharmacy
  • North Vietnam
  • South Vietnam
  • Central Vietnam

DRUG TYPE
APPLICATION
  • Generic Drugs
  • Branded Drugs
  • Cardiovascular
  • Musculoskeletal
  • Oncology
  • Anti-infective
  • Metabolic Disorder
  • Others

3
  • 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 (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys)
3. Impact of COVID-19 on Vietnam Pharmaceutical Market Impact of COVID-19 on Vietnam Pharmaceutical Market Impact of COVID-19 on Vietnam Pharmaceutical Market
4. Executive Summary Executive Summary Executive Summary
5. Voice of Customer Voice of Customer Voice of Customer
6. Vietnam Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical 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 Market Share Forecast
6.2.1. By Drug Type (Generic Drugs v/s Branded Drugs)
6.2.2. By Product Type (Prescription Drugs v/s Over-The-Counter Drugs)
6.2.3. By Application (Cardiovascular, Musculoskeletal, Oncology, Anti-infective, Metabolic Disorder, Others)
6.2.4. By Distribution Channel (Retail Pharmacy, Hospital Pharmacy, E-Pharmacy)
6.2.5. By Region
6.2.6. By Company (2020)
7. Vietnam Generic Drugs Market Outlook Vietnam Generic Drugs Market Outlook Vietnam Generic Drugs Market Outlook
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value
4
  • Table of Contents

S. No. Contents Contents Contents Page No.
7.1.1. By Value
7.2. Market Share Forecast Market Share Forecast
7.2.1. By Product Type
7.2.2. By Application
7.2.3. By Distribution Channel
8. Vietnam Branded Drugs Market Outlook Vietnam Branded Drugs Market Outlook Vietnam Branded Drugs Market Outlook
8.1. Market Size Forecast Market Size Forecast
8.1.1. By Value
8.2. Market Share Forecast Market Share Forecast
8.2.1. By Product Type
8.2.2. By Application
8.2.3. By Distribution Channel
9. Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.)
9.1. Drivers
9.2. Challenges Challenges
10. Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development)
11. Policy Regulatory Landscape of Vietnam Pharmaceutical Market Policy Regulatory Landscape of Vietnam Pharmaceutical Market Policy Regulatory Landscape of Vietnam Pharmaceutical Market
12. Vietnam Economic Profile Vietnam Economic Profile Vietnam Economic Profile
13. Competitive Landscape Competitive Landscape Competitive Landscape
13.1. Company Profiles Company Profiles
5
  • Table of Contents

S. No. Contents Contents Contents Page No.
13.1.1. Company Details
13.1.2. Products Services
13.1.3 Financials (As Reported)
13.1.4. Key Market Focus Geographical Presence
13.1.5. Recent Developments
13.1.6. Key Management Personnel
14. Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share)
15. About Us Disclaimer About Us Disclaimer About Us Disclaimer
6
RESEARCH METHODOLOGY
7
  • 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
pharmaceutical 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 pharmaceutical 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
  • Conclusion
  • Market Participants
  • Key Strengths
  • Identifying Key Opinion Leaders
  • Questionnaire Design
  • In-depth Interviews

8
  • Research Methodology
  • Baseline Methodology
  • Our dedicated team of industry experts has
    monitored and analyzed various aspects of Vietnam
    pharmaceutical market. The team has analyzed the
    outlook of various segments of this market, while
    considering the major influencing factors such as
    increasing development of the medicinal drugs and
    pharmaceutical products. The study includes
    market forecasting, which would enable our
    clients to take better decisions while planning
    their strategy to achieve sustainability in
    Vietnam pharmaceutical 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
    pharmaceutical companies, channel partners,
    market influencers end users, industry experts,
    and other industry participants.
  • The team interviewed more than 15 20
    pharmaceutical companies, 95 100 channel
    partners, 125 150 end users, and 8 10
    industry experts and other value chain
    stakeholders in Vietnam pharmaceutical market to
    obtain the overall market size from 2016 to 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 drug
    type, by product type, by application, by
    distribution channel, 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 drug type, by product type, by
    application, by distribution channel, 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 pharmaceutical
    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
    pharmaceutical 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
DHG Pharmaceutical Joint Stock Company Traphaco Joint Stock Company Pymepharco Joint Stock Company Hatay Pharmaceutical Joint Stock Company Mekophar Chemical Pharmaceutical JSC Imexpharm Corporation OPC Pharmaceutical Joint Stock Company World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies Credible Paid Databases
11
  • 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.
12
  • Sample Data - Snapshot

Vietnam Pharmaceutical Market Size, By Value (USD
Million), 20162026F
CAGR By Value
CAGR By Value
XX
YY
Vietnam Pharmaceutical Market Share, By Drug
Type, By Value, 20162026F
Vietnam Pharmaceutical Market Share, By Product
Type, By Value, 20162026F
Vietnam Generic Drugs Market Share, By
Application, By Value, 20162026F
13
  • Report Ordering
  • Report Name VIETNAM PHARMACEUTICAL MARKET
  • FORECAST OPPORTUNITIES
  • 2016 2026

License Type Price
Single User License 3500
Multi-User License 4500
Custom Research License 7500
To View Sample OR Purchase Report  
14
About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
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Disclaimer
The contents of this report are based on
information generally available to the public
from sources believed to be reliable. No
representation is made that it is timely,
accurate or complete. TechSci Research has taken
due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and first
hand. However, TechSci Research does not
guarantee the accuracy, adequacy or completeness
of any information and it is not responsible for
any errors or omissions or for the results
obtained from the use of such information and
especially states that it has no financial
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with all estimates and forecasts, can change
without notice. All the figures provided in this
document are indicative of relative market size
and are strictly for clients internal
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