Report Description

Vietnam hospital beds market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on the account of surging demands for the advanced hospital beds for the patient care. The country recently struggled with the adverse effects of pandemic spread due to COVID-19 and the country saw extreme demand for the hospital beds from various healthcare centers and this has created a sudden demand for the large number of hospital beds, in turn driving the growth of the Vietnam hospital beds market in the upcoming five years.

Rapidly increasing number of hospitals and advancing healthcare sector in the country is further supporting the growth of the Vietnam hospital beds market in the next five years. Additionally, surge in the demand of technologically advanced hospital beds for the comfort of the patient, mostly keeping in mind the patients who are prolonged for bed rest are also aiding the growth of the Vietnam hospital beds market in the future five years of forecast. Furthermore, beds designed by the manufacturers for specific group of patients coupled with growing medical tourism in Vietnam are expected to create lucrative opportunities for the market players over next few years.

The Vietnam hospital beds market is segmented by type, usage, application, end user, competitional landscape, and regional distribution. Based on type, the market is further bifurcated into electric beds, semi-electric beds, and manual beds. Manual beds are anticipated to hold the largest revenue shares of the market and assert its dominance over the market in the upcoming five years on the account of rising demands from the increasing number of patients suffering from COVID-19.

The demand is also rising from the increasing number of various healthcare centers, clinics, and temporary settlements to provide patient care. Electric-beds are expected to register fastest growing CAGR in the next five years on the backbone of surging demands for the same in the private hospitals. Rising disposable income is also influencing the growth of the Vietnam hospital beds market. Technological advancements in the hospital beds is also actively supporting the growth of the Vietnam hospital beds market in the future five years of forecast until 2027.

A partial list of market player in the Vietnam hospital beds market includes Curex Mediwell Vietnam, Bao Anh Medical Equipment Joint Stock Company, Platz Vietnam Co., Ltd., Stryker Corporation Vietnam, Paramount Bed Vietnam Co., Ltd., Armephaco Joint Stock Company, among others. 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 hospital beds 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 infrastructure 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.

Objective of the Study:

  • To analyze the historical growth of the market size of Vietnam hospital beds market from 2017 to 2020.
  • To estimate and forecast the market size of Vietnam hospital beds market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast Vietnam hospital beds market based on type, usage, application, end user, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Vietnam hospital beds market.
  • To identify drivers and challenges for Vietnam hospital beds market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam hospital beds market.
  • To identify and analyze the profile of leading players operating in Vietnam hospital beds market.
  • To identify key sustainable strategies adopted by market players in Vietnam hospital beds market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hospital beds, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Vietnam hospital beds market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Hospital beds, service provider, infrastructure producers, end users, and other stakeholders
  • Distributors and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to hospital beds
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospital beds, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Usage

·         Application

·         End User

Region Scope

South Vietnam, North Vietnam, Central Vietnam

Key Companies Profiled

Curex Mediwell Vietnam, Bao Anh Medical Equipment Joint Stock Company, Platz Vietnam Co., Ltd., Stryker Corporation Vietnam, Paramount Bed Vietnam Co., Ltd., Armephaco Joint Stock Company.

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Vietnam hospital beds market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Vietnam Hospital Beds Market, By Type:

o   Electric Beds

o   Semi-Electric Beds

o   Manual Beds

  • Vietnam Hospital Beds Market, By Usage:
    • Acute Care Beds
    • Psychiatric Care Beds
    • Long-Term Care Beds
    • Others
  • Vietnam Hospital Beds Market, By Application:
    • Intensive Care
    • Non-Intensive Care
  • Vietnam Hospital Beds Market, By End User:
    • Hospitals
    • Home Care Settings
    • Elderly Care Settings
    • Others
  • Vietnam Hospital Beds Market, By Region:
    • Northern
    • Central
    • Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam hospital beds market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Vietnam Hospital beds Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Hospital Beds Market

4.    Executive Summary

5.    Voice of Customers

6.    Vietnam Hospital Beds Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Electric Beds, Semi-electric Beds, Manual Beds)

6.2.2.     By Usage (Acute Care Beds, Psychiatric Care Beds, Long-Term Care Beds, Others)

6.2.3.     By Application (Intensive Care v/s Non-Intensive Care)

6.2.4.     By End User (Hospitals, Home Care Settings, Elderly Care Settings, Others)

6.2.5.     By Region

6.2.6.     By Company (2020)

6.3.  Product Market Map

7.    Vietnam Intensive Care Hospital Beds Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Usage

7.2.3.     By End User

8.    Vietnam Non-Intensive Care Hospital Beds Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Usage

8.2.3.     By End User

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Import-Export Analysis

13.  Vietnam Economic Profile

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Curex Mediwell Vietnam

14.2.2.  Bao Anh Medical Equipment Joint Stock Company

14.2.3.  Platz Vietnam Co., Ltd.

14.2.4.  Stryker Corporation Vietnam

14.2.5.  Paramount Bed Vietnam Co., Ltd.

14.2.6.  Armephaco Joint Stock Company

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like surging demand for advanced hospital beds, COVID-19 pandemic, and increasing healthcare infrastructure are driving the growth of the Vietnam hospital beds market in the forecast years, 2023-2027.

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Curex Mediwell Vietnam, Bao Anh Medical Equipment Joint Stock Company, Platz Vietnam Co., Ltd., among others are leading the Vietnam hospital beds market in the forecast period, 2023-2027.

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The Vietnam hospital beds market was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

profile

Sakshi Bajaal

Business Consultant
Press Release

Vietnam Hospital Beds Market to Grow Due to Technological Advancement until 2026

Sep, 2021

Advancing healthcare industry is driving the growth of Vietnam Hospital Beds Market, in the forecast period, 2022-2026.