Vietnam hospital beds market is bound to
experience impressive growth with anticipated CAGR in the forecast period,
2022-2026, 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 2026.
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.
Years considered for this report:
Historical Years: 2016 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2026
Objective of the Study:
analyze the historical growth of the
market size of Vietnam hospital beds market from 2016 to 2019.
estimate and forecast the market size of Vietnam hospital beds market from
2020 to 2026 and growth rate until 2026.
- 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
identify drivers and challenges for Vietnam hospital beds market.
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.
- 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.
In this report, Vietnam hospital beds market has been segmented into
following categories, in addition to the industry trends which have also been
- 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
- Vietnam Hospital Beds Market, By Application:
- Intensive Care
- Non-Intensive Care
- Vietnam Hospital Beds Market, By End
- Home Care Settings
- Elderly Care Settings
- Vietnam Hospital Beds Market, By
analysis of the major companies present in Vietnam hospital beds market.
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:
Vietnam Hospital beds
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- Detailed analysis and profiling of
additional market players (up to five).