The Vietnam elderly care market is expected to reach USD 4.79 billion by 2034 from USD 2.21 billion in 2023, growing at a CAGR of 7.7% in the forecast period of 2024 to 2034.
Vietnam Elderly Care Market Segmentation, By Product Type (Housing and Assistive Devices and Pharmaceuticals), Service (Home Care, Institutional Care, and Adult Day Care), Application (Heart Diseases, Respiratory, Diabetes, Osteoporosis, Neurological, Cancer, Kidney Diseases, Arthritis, and Others), Country (Vietnam)- Industry Trends and Forecast to 2031
Overview of Vietnam Elderly Care Market Dynamics:
Driver • Increasing geriatric population Restrain • High cost of elderly care services
Opportunity • Continuous enhancement in technological development
Market Players:
The key market players operating in the Vietnam elderly care market are listed below: • Philips • Medtronic • Vinmec International Hospital • Phonak – A Sonova brand
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of The Vietnam Elderly Care Market
1.4 Currency And Pricing
1.5 Limitations
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Years Considered For The Study
2.3 Dbmr Tripod Data Validation Model
2.4 Primary Interviews With Key Opinion Leaders
2.5 Multivariate Modelling
2.6 Dbmr Market Position Grid
2.7 Vendor Share Analysis
2.8 Secondary Sources
2.9 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestel Analysis
4.2 Porter’s Five Forces
5 Regulatory Scenario
5.1 Regulatory Bodies
5.1.1 Ministry Of Health (Moh)
5.1.2 Ministry Of Labor, Invalids And Social Affairs (Molisa)
5.1.3 Department Of Social Protection (Under Molisa)
5.1.4 Vietnam Association Of The Elderly (Vae)
5.1.5 Local Health Departments
5.2 Key Regulations And Policies
5.2.1 Law On Elderly People (2009)
5.2.2 Law On Social Insurance (2014)
5.2.3 Decree No. 136/2013/Nd-cp On Social Assistance Policies
5.2.4 Circular No. 21/2016/Tt-bldtbxh On Regulations For Elderly Care Facilities
5.2.5 Decision No. 102/2016/Qd-ttg On Support Policies For The Elderly
5.2.6 Circular No. 14/2021/Tt-byt On Health Care Services For The Elderly
5.3 Conclusion
6 Market Overview
6.1 Drivers
6.1.1 Increasing Geriatric Population
6.1.2 Increasing Cases Of Chronic Disease
6.1.3 Rising Awareness Of Home Health Care Services
6.2 Restraints
6.2.1 High Cost Of Elderly Care Services
6.2.2 Low Penetration Rate For Elderly Care Services
6.3 Opportunities
6.3.1 Increasing Market Trend And The Government Approval Towards Elderly Care Services
6.3.2 Continuous Enhancement In Technological Development
6.4 Challenges
6.4.1 Lack Of Knowledge And Skilled Professionals
6.4.2 Gap In Demand And Supply
7 Vietnam Elderly Care Market, By Product Type
7.1 Overview
7.2 Housing And Assistive Devices
7.2.1 Medical Wearables
7.2.2 Hearing Aids
7.2.3 Alert Devices
7.2.4 Mobility Devices
7.2.5 Others
7.3 Pharmaceuticals
8 Vietnam Elderly Care Market, By Service
8.1 Overview
8.2 Homecare
8.2.1 Healthcare
8.2.1.1 Medical Care
8.2.1.2 Physiotherapy Services
8.2.1.3 Telehealth
8.2.1.4 Palliative Care
8.2.1.5 Hospice Care
8.2.2 Non-medical Care
8.2.2.1 Personal Care
8.2.2.2 Rehabilitation
8.2.2.3 Others
8.3 Institutional Care
8.3.1 Nursing Home
8.3.2 Hospital Based
8.3.3 Independent Senior Living
8.3.4 Assisted Living
8.4 Adult Day Care
9 Vietnam Elderly Care Market, By Application
9.1 Overview
9.2 Heart Diseases
9.3 Respiratory
9.4 Diabetes
9.5 Osteoporosis
9.6 Neurological
9.7 Cancer
9.8 Kidney Diseases
9.9 Arthritis
9.10 Others
10 Vietnam Elderly Care Market: Company Landscape
10.1 Company Share Analysis: Vietnam
11 Swot Analysis
12 Company Profile
12.1 Medtronic
12.1.1 Company Snapshot
12.1.2 Revenue Analysis
12.1.3 Product Portfolio
12.1.4 Recent Development
12.2 Philips
12.2.1 Company Snapshot
12.2.2 Revenue Analysis
12.2.3 Product Portfolio
12.2.4 Recent Development
12.3 Vinmec International Hospital
12.3.1 Company Snapshot
12.3.2 Product Portfolio
12.3.3 Recent Development
12.4 Phonak – A Sonova Brand
12.4.1 Company Snapshot
12.4.2 Product Portfolio
12.4.3 Recent Updates
12.5 Care Connect Vietnam Inc.
12.5.1 Company Snapshot
12.5.2 Product Portfolio
12.5.3 Recent Updates
12.6 Hio Care
12.6.1 Company Snapshot
12.6.2 Services Portfolio
12.6.3 Recent Development
12.7 Saigon Healthcare
12.7.1 Company Snapshot
12.7.2 Product Portfolio
12.7.3 Recent Updates
12.8 Signia Hearing Aids
12.8.1 Company Snapshot
12.8.2 Product Portfolio
12.8.3 Recent Updates
13 Questionnaire
14 Related Reports
Table 1 Levels And Rates Of Increase/Decrease Of Older Population By Age Group
Table 2 Vietnam Elderly Care Market, By Product Type, 2022-2034 (Usd Million)
Table 3 Vietnam Housing And Assistive Devices In Elderly Care Market, By Product Type, 2022-2034 (Usd Million)
Table 4 Vietnam Elderly Care Market, By Service, 2022-2034 (Usd Million)
Table 5 Vietnam Homecare In Elderly Care Market, By Type, 2022-2034 (Usd Million)
Table 6 Vietnam Healthcare In Elderly Care Market, By Type, 2022-2034 (Usd Million)
Table 7 Vietnam Non-medical Care In Elderly Care Market, By Type, 2022-2034 (Usd Million)
Table 8 Vietnam Institutional Care In Elderly Care Market, By Service Type, 2022-2034 (Usd Million)
Table 9 Vietnam Elderly Care Market, By Application, 2022-2034 (Usd Million)
Figure 1 Vietnam Elderly Care Market: Segmentation
Figure 2 Vietnam Elderly Care Market: Data Triangulation
Figure 3 Vietnam Elderly Care Market: Droc Analysis
Figure 4 Vietnam Elderly Care Market: Regional Market Analysis
Figure 5 Vietnam Elderly Care Market: Company Research Analysis
Figure 6 Vietnam Elderly Care Market: Interview Demographics
Figure 7 Vietnam Elderly Care Market: Dbmr Market Position Grid
Figure 8 Vietnam Elderly Care Market: Vendor Share Analysis
Figure 9 Vietnam Elderly Care Market: Segmentation
Figure 10 Strategic Decisions
Figure 11 Two Segments Comprise The Vietnam Elderly Care Market, By Product Type
Figure 12 Rising Cases Of Chronic Diseases Is Driving The Growth Of The Vietnam Elderly Care Market From 2024 To 2034
Figure 13 The Housing And Assistive Devices Segment Is Expected To Account For The Largest Share Of The Vietnam Elderly Care Market In 2024 And 2034
Figure 14 Droc Analysis
Figure 15 Levels And Rates Of Increase/Decrease Of Older Population By Age Group
Figure 16 Vietnam Elderly Care Market: By Product Type, 2023
Figure 17 Vietnam Elderly Care Market: By Product Type, 2024-2034 (Usd Million)
Figure 18 Vietnam Elderly Care Market: By Product Type, Cagr (2024-2034)
Figure 19 Vietnam Elderly Care Market: By Product Type, Lifeline Curve
Figure 20 Vietnam Elderly Care Market: By Service, 2023
Figure 21 Vietnam Elderly Care Market: By Service, 2024-2034 (Usd Million)
Figure 22 Vietnam Elderly Care Market: By Service, Cagr (2024-2034)
Figure 23 Vietnam Elderly Care Market: By Service, Lifeline Curve
Figure 24 Vietnam Elderly Care Market: By Application, 2023
Figure 25 Vietnam Elderly Care Market: By Application, 2024-2034 (Usd Million)
Figure 26 Vietnam Elderly Care Market: By Application, Cagr (2024-2034)
Figure 27 Vietnam Elderly Care Market: By Application, Lifeline Curve
Figure 28 Vietnam Elderly Care Market: Company Share 2023 (%)