Vietnam Telemedicine Market to Grow Due to Technological Advancement until 2026
E-commerce popularity is driving the
growth of Vietnam Telemedicine Market, in the forecast period, 2022-2026.
According to TechSci report on, “Vietnam Telemedicine Market By Component
(Services, Software, Hardware), By Deployment Mode (Cloud v/s On-Premises), By
Type (Tele-Hospitals, mHealth, Tele-Homes), By Technology (Store & Forward,
Real Time, Others), By Application (Tele-Psychiatry, General Consultations,
Tele-Radiology, Tele-Pathology, Others), By End User (Payer, Provider,
Patients), By Region, Competition Forecast & Opportunities, 2026”, Vietnam
telemedicine 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 telemedicine market
owes its growth to the factors like extensive research and technological
advancements in the telemedicine services. Increasing product innovations and
technological advancements in the healthcare industry is further driving the
growth of the Vietnam telemedicine market in the upcoming five years. Moreover,
the availability of the solutions and services to fulfill the consumer demands
and increasing prevalence of chronic diseases is further supporting the growth
of the Vietnam telemedicine market in the next five years. Also, surging demand
for the improved patient care and patient management is substantiating the
growth of the Vietnam telemedicine market in the future five years.
Additionally, growing telecommunication network in the country is also actively
influencing the consumer’s preference toward telemedicine thus aiding the
growth of the Vietnam telemedicine market in the forecast years.
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The
Vietnam telemedicine market is segmented by component, deployment mode, type,
technology, application, end user, regional distribution, and competitive
landscape. Based on type, the market is further bifurcated into tele-hospitals,
mHealth, and tele-homes. Tele-homes are anticipated to hold the largest revenue
shares of the market and assert its dominance over the market segment in the
upcoming five years on the account of rapidly increasing chronic diseases.
Tele-home care is a very impressive method and an innovative way to provide
patient care post-op and pre-op monitoring, and telecommunications. These
factors are further aiding the growth of the Vietnam telemedicine market in the
next five years.
Based
on deployment mode, the market is further segmented on the into on-premises,
cloud. On-premise deployment method is expected to register maximum revenue
shares in the future five years on the account of factors like direct access to
care delivery. The on-premise care can be through telephonic (mobile) or
visualized care (internet video calling) giving procedures. These methods are
cost effective, easier to access and more personal and comforts the patient in
having assured of the care provisions through professionals. Cloud based
services include technologically advanced solutions. The surging demands due to
increased awareness among the patients and their relatives is driving the
growth of the Vietnam telemedicine market segment and is expected to support
the market growth too. With increasing cases of immediate care requirements and
rapidly evolving artificial intelligence is driving the substantial growth of
the market segment. These factors are anticipated to support the Vietnam
telemedicine market growth in the future five years.
Jio Health, eDoctor,
Nhi Đồng 315, Med247, DOCOSAN, among others are
some of the market share-holders that drive the future growth of the Vietnam telemedicine
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.
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“Vietnam
healthcare industry is expanding and demand for advanced technology, innovative
idea, and product development is anticipated to support the growth of the
Vietnam telemedicine market in the future five years. Adoption of telemedicine
has improved patient care management; patient’s quality life and reduced
healthcare spending is also anticipated to aid the future Vietnam telemedicine
market in the next five years. New market players may focus on the research and
development of the better raw material for the telemedicine 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 telemedicine services is anticipated
to further drive the market growth in the upcoming five years,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Vietnam
Telemedicine Market By Component (Services, Software, Hardware), By Deployment
Mode (Cloud v/s On-Premises), By Type (Tele-Hospitals, mHealth, Tele-Homes), By
Technology (Store & Forward, Real Time, Others), By Application
(Tele-Psychiatry, General Consultations, Tele-Radiology, Tele-Pathology,
Others), By End User (Payer, Provider, Patients), By Region, Competition
Forecast & Opportunities, 2026”
has evaluated the future growth potential of Vietnam telemedicine market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in Vietnam telemedicine market.
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