Vietnam medical devices market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2022-2026, on the account of surging demand from the healthcare industry. The demand for effective and efficient diagnosis, treatment, and monitoring procedures is driving the growth of the Vietnam medical devices market in the upcoming five years. Moreover, rising investments in the medical technology and rapidly increasing research and technological development is further supporting the growth of the Vietnam medical devices market in the next five years. Favorable scenarios provided by the regulatory authorities of the country, for their approval of the medical device is also aiding the growth of the Vietnam medical devices market in the future five years. Additionally, increased instances of chronic diseases, like hypertension, diabetes, cardiovascular diseases, etc. is anticipated to further support the growth of the Vietnam medical devices market in the forecast period, until 2026.

The Vietnam medical devices market is segmented by type, end user, regional distribution, and competitional landscape. The type, segment is further differentiated into cardiovascular devices, diagnostic imaging equipment, in-vitro diagnostic devices, ophthalmic devices, diabetes care devices, dental care devices, surgical equipment, orthopedic devices, patient monitoring devices, nephrology & urology devices, ENT devices, aesthesia & respiratory devices, neurology devices, mobility-aid devices, and others. Based on end user, the market is further bifurcated into hospitals & clinics, diagnostic centers, and others. Hospitals & clinics are anticipated to hold the largest revenue shares of the market and dominate the market segment on the account of rapidly increasing number of hospitals & clinics. Surging demand from the patients and need of effective and efficient diagnosis in the hospitals is further substantiating the growth of the Vietnam medical devices market in the future forecast years, until 2026. Diagnostic centers are also expected to register significant growth rate in the upcoming five years on the account of surging demand for the outsourced diagnostic procedures. Moreover, surge in the demand of efficient and effective diagnostic procedure, along with the demand for early diagnosis for the diseases is driving the growth of the Vietnam medical devices market in the next five years.

A partial list of market player in the Vietnam medical devices market includes Stryker Corporation Vietnam, USM Healthcare Medical Devices Factory JSC, Medical Devices and Biomaterial Plant Joint Stock Company, Getz Healthcare (Vietnam), Omron Healthcare Vietnam, B. Braun Vietnam Co., Ltd., Hoya Lens Vietnam Ltd., Japan Vietnam Medical Instrument JSC, Armephaco Joint Stock Company, Terumo Vietnam Medical Equipment Co., Ltd, GE Healthcare Vietnam, 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 medical devices 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 medical devices and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Advancement of the existent technology is a potential growth factor that would aid the market players in their brand establishment. 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 medical devices market from 2016 to 2019.
  • To estimate and forecast the market size of Vietnam medical devices market from 2020 to 2026 and growth rate until 2026. 
  • To classify and forecast Vietnam medical devices market based on type, end user, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Vietnam medical devices market.
  • To identify drivers and challenges for Vietnam medical devices market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam medical devices market.
  • To identify and analyze the profile of leading players operating in Vietnam medical devices market.
  • To identify key sustainable strategies adopted by market players in Vietnam medical devices 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 medical devices, 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 medical devices 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:

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

Report Scope:

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

  • Vietnam Medical devices Market, By Type:

o   Cardiovascular Devices

o   Diagnostic & Monitoring Devices

§  ECG

§  Holter Monitors

§  Implantable Loop Recorders

§  Event Monitors

§  Others

o   Surgical Devices

§  Pacemakers

§  Stents

§  Valves

§  Other

o   Diagnostic Imaging Equipment

o   X-Ray Systems

o   Ultrasound Systems

o   CT Scanners

o   MRI

o   Others

o   In-vitro Diagnostic Devices

o   Point-of-Care Diagnostic Devices

o   Immunochemistry Diagnostic Devices

o   Clinical Chemistry Diagnostics Devices

o   Molecular Diagnostics Devices

o   Others

o   Ophthalmic Devices

o   Vision Care Devices

o   Cataract Surgery Devices

o   Diagnostic & Monitoring Devices

o   Others

o   Diabetes Care Devices

o   Self-Blood Glucose Monitoring Devices

§  Test Strips

§  Lancets

§  Glucometer

o   Continuous Blood Glucose Monitoring Devices

§  Sensors

§  Transmitters & Receivers

§  Integrated Insulin Pumps

o   Dental Care Devices

o   General Dental Devices

o   Dental Surgical Devices

o   Others

o   Surgical Equipment

o   Surgical Sutures & Staplers

o   Handheld Surgical Devices

o   Electrosurgical Devices

o   Orthopedic Devices

o   Joint Reconstruction Devices

o   Spinal Surgery Devices

o   Trauma Fixation Devices

o   Orthopedic Braces And Support Devices

o   Others

o   Patient Monitoring Devices

o   Vital Signs Monitoring Devices

o   Fetal & Neonatal Monitoring Devices

o   Weight Monitoring And Body Temperature Monitoring Devices

o   Others

o   Nephrology & Urology Devices

o   Endoscopy Devices

o   Dialysis Devices

o   Urinary Stone Treatment Devices

o   Others

o   ENT Devices

o   Hearing Aid Devices

o   Nasal Splints

o   ENT Surgical Devices

o   Others

o   Anesthesia & Respiratory Devices

o   Respiratory Devices

o   Anesthesia Machines

o   Others

o   Neurology Devices

o   Neurostimulation Devices

o   Neurology Devices

o   Interventional Neurology Devices

o   Others

o   Mobility-Aid Devices

o   Wheelchairs

o   Walking Aids

o   Mobility Lifts

o   Slings

o   Others

o   Others

  • Vietnam Medical devices Market, By End User:
    • Hospitals & Clinics
    • Diagnostic Centers
    • Others
  • Vietnam Medical devices Market, By Region:
    • Western
    • Central
    • Eastern
    • Rest of Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam medical devices 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 Medical devices 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 sales@techsciresearch.com  

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Medical Devices Market

4.    Executive Summary

5.    Voice of Customer

6.    Vietnam Medical Devices Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Cardiovascular Devices, Diagnostic Imaging Equipment, In-vitro Diagnostic Devices, Opthalmic Devices, Diabetes Care Devices, Dental Care Devices, Surgical Equipment, Orthopedic Devices, Nephrology & Urology Devices, ENT Devices, Anesthesia & Respiratory Devices, Neurology Devices, Mobility-Aid Devices, Others)

6.2.2.     By End User (Hospitals & Clinics, Diagnostic Centers, Others)

6.2.3.     By Region (Western, Central, Eastern, Rest of Vietnam)

6.2.4.     By Company (2020)

6.3.  Product Market Map

7.    Vietnam Cardiovascular Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Diagnostic & Monitoring Devices v/s Surgical Devices)

7.2.1.1.         By Diagnostic & Monitoring Devices (ECG, Holter Monitors, Implantable Loop Recorders, Event Monitors, Others)

7.2.1.2.         By Surgical Devices (Pacemakers, Stents, Valves, Other)

7.2.2.     By End User (Hospitals & Clinics, Diagnostic Centers, Others)

8.    Vietnam Diagnostic Imaging Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (X-Ray Systems, Ultrasound Systems, CT Scanners, MRI, Others)

8.2.2.     By End User (Hospitals & Clinics, Diagnostic Centers, Others)

9.    Vietnam In-vitro Diagnostic Devices Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Point-of-Care Diagnostic Devices, Immunochemistry Diagnostic Devices, Clinical Chemistry Diagnostics Devices, Molecular Diagnostics Devices, Others)

9.2.2.     By End User (Hospitals & Clinics, Diagnostic Centers, Others)

10.  Vietnam Ophthalmic Devices Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type (Vision Care Devices, Cataract Surgery Devices, Diagnostic & Monitoring Devices, Others)

10.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

11.  Vietnam Diabetes Care Devices Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type (Self-Blood Glucose Monitoring Devices v/s Continuous Blood Glucose Monitoring Devices)

11.2.1.1.      By Self-Blood Glucose Monitoring Devices (Test Strips, Lancets, Glucometer)

11.2.1.2.      By Continuous Glucose Monitoring Devices (Sensors, Transmitters & Receivers, Integrated Insulin Pumps)

11.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

12.  Vietnam Dental Care Devices Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Type (General Dental Devices, Dental Surgical Devices, Others)

12.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

13.  Vietnam Surgical Equipment Market Outlook

13.1.              Market Size & Forecast

13.1.1.  By Value

13.2.              Market Share & Forecast

13.2.1.  By Type (Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices)

13.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

14.  Vietnam Patient Monitoring Devices Market Outlook

14.1.              Market Size & Forecast

14.1.1.  By Value

14.2.              Market Share & Forecast

14.2.1.  By Type (Vital Signs Monitoring Devices, Fetal & Neonatal Monitoring Devices, Weight Monitoring And Body Temperature Monitoring Devices, Others)

14.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

15.  Vietnam Orthopedic Devices Market Outlook

15.1.              Market Size & Forecast

15.1.1.  By Value

15.2.              Market Share & Forecast

15.2.1.  By Type (Joint Reconstruction Devices, Spinal Surgery Devices, Trauma Fixation Devices, Orthopedic Braces And Support Devices, Others)

15.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

16.  Vietnam Nephrology & Urology Devices Market Outlook

16.1.              Market Size & Forecast

16.1.1.  By Value

16.2.              Market Share & Forecast

16.2.1.  By Type (Endoscopy Devices, Dialysis Devices, Urinary Stone Treatment Devices, Others)

16.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

17.  Vietnam ENT Devices Market Outlook

17.1.              Market Size & Forecast

17.1.1.  By Value

17.2.              Market Share & Forecast

17.2.1.  By Type (Hearing Aid Devices, Nasal Splints, ENT Surgical Devices, Others)

17.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

18.  Vietnam Anesthesia & Respiratory Devices Market Outlook

18.1.              Market Size & Forecast

18.1.1.  By Value

18.2.              Market Share & Forecast

18.2.1.  By Type (Respiratory Devices, Anesthesia Machines, Others)

18.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

19.  Vietnam Neurology Devices Market Outlook

19.1.              Market Size & Forecast

19.1.1.  By Value

19.2.              Market Share & Forecast

19.2.1.  By Type (Neurostimulation Devices, Neurology Devices, Interventional Neurology Devices, Others)

19.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

20.  Vietnam Mobility-Aid Devices Market Outlook

20.1.              Market Size & Forecast

20.1.1.  By Value

20.2.              Market Share & Forecast

20.2.1.  By Type (Wheelchairs, Walking Aids, Mobility Lifts, Slings, Others)

20.2.2.  By End User (Hospitals & Clinics, Diagnostic Centers, Others)

21.  Market Dynamics

21.1.              Drivers

21.2.              Challenges

22.  Market Trends & Developments

23.  Policy & Regulatory Landscape

24.  Vietnam Economic Profile

25.  Competitive Landscape

25.1.              Competition Outlook

25.2.              Company Profiles

25.2.1.  Stryker Corporation Vietnam

25.2.2.  USM Healthcare Medical Devices Factory JSC

25.2.3.  Medical Devices and Biomaterial Plant Joint Stock Company

25.2.4.  Getz Healthcare (Vietnam)

25.2.5.  Omron Healthcare Vietnam

25.2.6.  B. Braun Vietnam Co., Ltd.

25.2.7.  Hoya Lens Vietnam Ltd.

25.2.8.  Japan Vietnam Medical Instrument JSC

25.2.9.  Armephaco Joint Stock Company

25.2.10.                Terumo Vietnam Medical Equipment Co., Ltd

25.2.11.                GE Healthcare Vietnam

26.  Strategic Recommendations

27. About us & Disclaimer