Vietnam Hospitals Market, By Ownership (Public v/s Private), By Type (General, Specialty, Multi- Specialty), By Type of Services (In-Patient Services v/s Out-Patient Services), By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds), By Region, Competition Forecast & Opportunities, 2017-2027
Vietnam hospitals market is projected to register growth at a formidable rate during the forecast period. The market growth can be attributed to the rapidly evolving healthcare infrastructure in the country and growing privatization across the hospitals. Besides, advanced diagnostic technology and the rising prevalence of communicable and non-communicable diseases are driving the growth of Vietnam hospitals market in the forecast period. Rising healthcare expenditure capacity and growing personal disposable income among the middle-class population are factors contributing to the growth of the Vietnam hospitals market. Owing to high living standards and enhanced health consciousness, consumers are actively seeking world-class healthcare facilities, supporting the growth of the Vietnam hospitals market. Increased investments from pharmaceutical companies, medical devices sector, term care services, healthcare facility management services, and medical consumables industry to promote products and services, etc., on different mediums are also contributing to the growth of Vietnam hospitals market. The increasing prevalence of chronic disorders has created the need for better healthcare facilities and extending services, aiding the growth of the Vietnam hospitals market. To accommodate the rising healthcare demands, the government is actively involved in the healthcare infrastructural development and providing financial assistance to patients and their families, which is anticipated to drive the growth of the Vietnam hospitals market. However, the high cost of healthcare facilities and lack of insurance coverage could restrain the growth of the Vietnam hospitals market.
The Vietnam hospitals 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. The private hospitals segment is anticipated to dominate the Vietnam hospitals market during the forecast period due to the increasing privatization of hospitals and the growing inclination of consumers towards private hospitals for better healthcare services.
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, etc. are the leading players in the Vietnam hospitals market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of Vietnam hospitals market from 2017 to 2021.
- To estimate and forecast the market size of Vietnam hospitals market from 2022E to 2027F and growth rate until 2027F.
- 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 services, 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.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hospitals, 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 companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies 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 services 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, end users, 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, 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:
- Public
- 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).
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