Vietnam hospitals market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2022-2026, on the account of rapidly evolving healthcare industry in the country. Moreover, growing privatization across the hospitals is further driving the growth of the Vietnam hospitals market in the upcoming five years. Moreover, increasing prevalence of communicable diseases, health issues like sexually transmitted diseases, vaccine preventable diseases, etc. are further supporting the growth of the Vietnam hospitals market in the next five years. Additionally, rising disposable income among the middle-class population is increasing the healthcare expenditure capacity. The consumers are actively demanding for the world-class facility and higher living standard, the factors are further supporting the growth of the Vietnam hospitals market in the future five years of forecast. Increasing prevalence of chronic diseases like cardiovascular diseases, cancer, diabetes often requires patients’ stay at the hospitals. Extended service demand is further aiding the growth of the market in the future five years. The recent situation of COVID-19 has affected the Vietnam hospitals market adversely. The number of hospitals and other temporary healthcare centers increased and supported the growth of the market. As precautionary methods, the government is actively involved in the infrastructure development as well as providing financial assistance to the patient and their families through insurances, and healthcare policies so that availing the healthcare services is affordable. These factors are expected to substantially drive the future growth of the Vietnam hospitals market in the forecast period, until 2026.

The Vietnam hospital market is segmented on the basis of ownership, type, type of services, bed capacity, competitional landscape, and regional distribution. Based on ownership, the market is further divided between public and private hospitals. Private hospitals are anticipated to hold the largest revenue shares of the market and assert its dominance over the market on the account of rapidly increasing privatization of the hospitals. The rapidly increasing number of private hospitals and inclination of the consumers toward the private hospitals is further supporting the growth of the sub-segment and thus drive the growth of the Vietnam hospitals market. Public hospitals or better known as government hospitals are anticipated to hold the significant shares of the market and show substantial growth in the future five years on the account of health insurance benefits from the government initiatives, affordable services, and availability of the government regulated medical procedures.

A partial list of market player in the Vietnam hospitals market includes Thai Nguyen International Hospital, Franco-Vietnamese Hospital, Columbia Asia Vietnam, Vinmec International Hospital (Vingroup Corporation), Hoan My Da Nang Hospital, Family Medical Practice Da Nang, Thai Binh Duong – Pacific Hospital, Hanoi French Hospital, Trien An Private General Hospital, Hong Ngoc Private General Hospital, 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 hospitals 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:

  • To analyze the historical growth of the market size of Vietnam hospitals market from 2016 to 2019.
  • To estimate and forecast the market size of Vietnam hospitals market from 2020 to 2026 and growth rate until 2026. 
  • To classify and forecast Vietnam hospitals market based on ownership, type, type of services, bed capacity, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Vietnam hospitals market.
  • To identify drivers and challenges for Vietnam hospitals market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam hospitals market.
  • To identify and analyze the profile of leading players operating in Vietnam hospitals market.
  • To identify key sustainable strategies adopted by market players in Vietnam hospitals market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hospitals, 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 hospitals 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:

  • Hospitals, service provider, infrastructure producers, end users, and other stakeholders
  • Distributors and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to hospitals
  • 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 hospitals, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • Vietnam Hospitals Market, By Ownership:

o   Public

o   Private

  • Vietnam Hospitals Market, By Type:
    • General
    • Specialty
    • Multi- Specialty
  • Vietnam Hospitals Market, By Type of Services:
    • In-Patient Services
    • Out-Patient Services
  • Vietnam Hospitals Market, By Bed Capacity:
    • Up to 100 beds
    • 100-500 beds
    • Above 500 beds
  • Vietnam Hospitals Market, By Region:
    • Northern
    • Central
    • Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam hospitals 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 Hospitals 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]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Hospital Market

4.    Voice of Customer

5.    Executive Summary

6.    Vietnam Hospital Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Ownership (Public v/s Private)

6.2.2.     By Type (General, Specialty, Multi- Speciality)

6.2.3.     By Type of Services (In-Patient Services v/s Out-Patient Services)

6.2.4.     By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds)

6.2.5.     By Company (2020)

6.2.6.     By Region

6.3.  Product Market Map

7.    Vietnam Public Hospital 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 Type of Services

7.2.3.     By Bed Capacity

8.    Vietnam Private Hospital 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 Type of Services

8.2.3.     By Bed Capacity

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Vietnam Economic Profile

13.  Competitive Landscape

13.1.              Thai Nguyen International Hospital

13.2.              Franco-Vietnamese Hospital

13.3.              Columbia Asia Vietnam

13.4.              Vinmec International Hospital (Vingroup Corporation)

13.5.              Hoan My Da Nang Hospital

13.6.              Family Medical Practice Da Nang

13.7.              Thai Binh Duong – Pacific Hospital

13.8.              Hanoi French Hospital

13.9.              Trien An Private General Hospital

13.10.            Hong Ngoc Private General Hospital

14.  Strategic Recommendations

15.  About Us & Disclaimer