Vietnam MRI market is anticipated to
register growth with an impressive CAGR in the forecast period, 2023-2027, on
the account of increasing demands for the early diagnosis and efficient medical
diagnosis that provide accurate diagnosis of the diseases. Moreover, increasing
instances of orthopedic diseases like spine lesions, tumorous cancer further
drives the growth of the Vietnam MRI market in the upcoming five years.
Magnetic Resonance Imaging (MRI) systems
are the medicinal diagnostic machines that utilizes magnetic field generation
and computerized image generation to identify and diagnose diseases and
problems in the organs of the body. The MRI machines are large, heavy-duty, and
tube-shaped magnets, that realigns water molecule in the human body temporarily
to create a magnetic field. Radio waves that are emitted through computerized
source produces faint signals that with the help of MRI can create
cross-sectional images in the form of thin slices. Due to possibility of sliced
imaging, 3D structure of the organ can easily be created for further detailed
Neurological Diseases Increase Demand
For MRI Systems
Nearly two-thirds of the death in
Vietnam are attributed to neurosurgical pathologies. Increasing instances of
neurological disorders that cause stroke, traumatic brain injury etc. often causes
death due to lack of availability of the immediate medical attention. Utilizing
advanced technologies like magnetic resonance imaging (MRI) for the early
diagnosis of the underlying causes, and immediate attention to the patient in
case of strokes with clear understanding of chronic condition, would aid the
growth of the Vietnam MRI market in the upcoming five years.
Use of MRI also includes the other
chronic diseases like cardiovascular diseases and cancer among other diseases.
Creating a 3D image for the diagnosis of the cause of cardiovascular disorder,
or in case of vessel blockages in the heart can easily be analyzed and
effective minimally invasive surgeries can be performed further, thus MRI plays
vital role in early and effective diagnosis of cardiovascular diseases.
Academic Application Support Market
The country withstands population burden
of more the 97 million as per the records from year 2020. The number of doctors
per thousand population in Vietnam is 9. Thus, the demand for experts, doctors
and lab technicians to ensure excellent patient care is rapidly increasing.
Hands-on practice for the instruments, equipment, tools, and related medical
devices is a must for generating eligible healthcare practitioners. Thus,
increasing demands for the academic applications for the MRI machines are
anticipated to further drive the growth of the Vietnam MRI market in the next
Increasing number of hospitals would
also upsurge the demand for MRI systems, aligning with the increasing demand
for world-class facilities for healthcare for the population of the country. Total
number of public hospital in the country were 1260 in the year 2020 that grew
from 1008 count in 2010. Moreover, the private hospitals have also been growing
recently. From only 121 private hospitals in 2010, the country has 568 private
hospitals in 2020, and the count is still increasing, thus further substantiating
the growth of the Vietnam MRI market in the future five years.
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The Vietnam MRI
market is segmented by field strength, type, architecture, application, end
user, competitional landscape, and regional distribution. Based on field strength, the market is
further differentiated into high field MRI Systems, low to mid field MRI
systems, and Very high field MRI systems. High field MRI systems include field strength
of 1.5t MRI Systems and 3t MRI Systems, Whereas low to mid field MRI Systems include
systems with field strength of less than 1.5t and very-high-field MRI Systems
include systems of 4t and Above field strength.
Based on type, the market is
again segmented between fixed and mobile. By architecture, the market
segmentation is differentiated between closed MRI systems and open MRI systems.
On the basis of application, the market segment is bifurcated into brain and
neurological, oncology, spine and musculoskeletal, abdominal, cardiac, and others.
Market segments on the basis of end user, is further fragmented into hospitals,
imaging centers, ambulatory surgical centers, and others. The market analysis
also studies the regional segmentation to devise regional market segmentation,
divided among Northern region, Central region, and the Southern region.
GE Healthcare, Philips Healthcare
Vietnam, Siemens Healthineers Vietnam, Canon Medical Systems Vietnam, Neusoft
Medical Systems Vietnam,
among others is a partial list of major market players of the companies
responsible for the growth of Vietnam MRI market.
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
forecast, company share, competitive landscape, growth factors, and trends
- Field Strength
- End User
region, Central region, and Southern region.
Key companies profiled
GE Healthcare, Philips Healthcare Vietnam, Siemens
Healthineers Vietnam, Canon Medical Systems Vietnam, Neusoft Medical Systems
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& segment scope.
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In this report, Vietnam MRI market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Vietnam MRI Market, By Field
- High-Field MRI Systems
- 1.5t MRI Systems
- 3t MRI Systems
- Low-To-Mid-Field MRI Systems
- Less Than 1.5t MRI Systems
- Very-High-Field MRI Systems
- Vietnam MRI Market, By Type:
- Vietnam MRI Market, By Architecture:
- Closed MRI Systems
- Open MRI Systems
- Vietnam MRI Market, By Application:
- Brain and Neurological
- Spine and Musculoskeletal
- Vietnam MRI Market, By End User:
- Imaging Centers
- Ambulatory Surgical Centers
- Vietnam MRI Market, By Region:
o Northern Region
o Central Region
o Southern Region
analysis of the major companies present in Vietnam MRI 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:
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report or want to confirm the date of release, please contact us at [email protected]
- Detailed analysis and profiling of
additional market players (up to five).