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Vietnam Medical Devices Market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2024-30
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The Vietnam Medical Devices Market size is valued at USD 1.5 billion in 2023, driven by market trends, player analysis, and industry challenges. Gain strategic insights and forecast analysis of the market dynamics.
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Vietnam Wearable Medical Devices Market is driven by advancements in technology, an emphasis on preventive healthcare, and the growing prevalence of chronic diseases.
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This report covers Vietnam Medical Devices Industry, Industry Research Report, Trend, Forecast, Growth, Vietnam Medical Devices Market Revenue.
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Vietnam Medical Equipment Maintenance Market is driven by increasing healthcare investments and the rising adoption of maintenance services across various segments.
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Vietnam Bio-based Polypropylene In Medical Devices Market was valued at USD 157.44 Thousand and is expected to reach USD 377.41 Thousand by 2030 with a CAGR of 15.64% during the forecast period.
Pages | 82 |
Market Size | 2024: USD 157.44 Thousand |
Forecast Market Size | 2030: USD 377.41 Thousand |
CAGR | 2025-2030: 15.64% |
Fastest Growing Segment | Surgery sutures |
Largest Market | Southern Vietnam |
Key Players | 1. SABIC Vietnam Co. Ltd. 2. LyondellBasell Vietnam Company Limited 3. Mitsui & Co. (Asia Pacific) Pte. Ltd. 4. Avient Vietnam Co., Ltd. 5. Tan Dai Hung Plastic J.S Co. 6. Cpi Viet Nam Plastic Limited Company |
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The Vietnam Medical Equipment Market size is valued at USD 11 billion in 2023, driven by market opportunities, sector analysis, and strategic insights. Explore market segmentation, top players, and growth projection.
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The Vietnam 3D printing medical devices market was valued at USD 45.58 Million in 2024, driven by the increasing adoption of personalized healthcare solutions and rising government support for advanced medical technologies in the region. The market is anticipated to grow at a CAGR of 12.10% during the forecast period of 2025-2034, with the values likely to reach USD 142.83 Million by 2034. The market benefits from growing investments in healthcare infrastructure and a rising demand for customized implants and prosthetics. Expansion in medical research and integration of innovative 3D printing technologies are expected to fuel market growth during the forecast period.
The Vietnamese government is actively advancing the integration of Industry 4.0 technologies in healthcare, with a strong emphasis on 3D printing as a tool for modernization and innovation. Through initiatives focused on upgrading public hospitals, promoting medical research, and attracting foreign direct investment (FDI), the country is building a supportive ecosystem for the adoption of advanced medical technologies. At the same time, Vietnam is experiencing rapid expansion in both public and private healthcare infrastructure, with newly built hospitals and medical centers increasingly equipped with advanced imaging systems and surgical planning tools. The integration of 3D printing into these facilities is enabling the delivery of patient-specific solutions, improving clinical outcomes, and supporting personalized care. This convergence of policy support, infrastructure development, and technology adoption is expected to drive sustained growth in the 3D printing medical devices market in Vietnam over the coming years.
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In Vietnam Self-Care Medical Devices Market is driven by the demand for convenient, accessible, and affordable healthcare solutions, especially for managing chronic conditions
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In Vietnam Automation Sensors Market, was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029, registering a Compound Annual Growth Rate (CAGR) of 8.65% during the forecast period.
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Provide information on the Vietnamese medical equipment industry, industry policies, Taiwanese industrial clusters, analysis of local competitors, and suggestions for Taiwanese layout as a reference for investment layout.
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This report covers Vietnam Pharmaceutical Industry, Private Hospital Revenue Vietnam, Vietnam Respiratory Devices Market, Vietnam Clinic and Health Center Market Size, Vietnam Orthopaedic Appliances Market Demand, General Medical Instruments Consumption in Vietnam, Major Payers in Pharmaceutical Market.
Comprehensive dataset of 131 Medical equipment manufacturers in Vietnam as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
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In Vietnam Medical Foam Market, It is experiencing significant growth, driven by an increasing demand for advanced medical devices, personal care products, and healthcare solutions.
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Vietnam Minimally Invasive Surgical Devices Market was valued at USD 40.12 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.59% through 2029.
Pages | 85 |
Market Size | 2023: USD 40.12 Million |
Forecast Market Size | 2029: USD 52.64 Million |
CAGR | 2024-2029: 4.59% |
Fastest Growing Segment | Handheld Instruments |
Largest Market | Southern Region |
Key Players | 1.Medtronic Vietnam Co., Ltd. 2.Johnson & Johnson Vietnam 3.Fujifilm Vietnam Co, Ltd. 4.B.Braun Vietnam Co., Ltd. 5.Olympus Vietnam Co.,Ltd. 6.Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 7.KARL STORZ SE & Co. KG 8.SUN TECHNOLOGY JSC. (SUNTECH) 9.Stryker Vietnam 10.Smith & Nephew plc |
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The global diabetes care devices market, valued at $424.10 million in 2025 and exhibiting a 2.10% CAGR, presents significant opportunities within Vietnam. While precise Vietnamese market data is unavailable, we can extrapolate reasonable estimates based on global trends and regional economic factors. Considering Vietnam's growing population, rising diabetes prevalence mirroring global increases, and increasing healthcare expenditure, the Vietnamese market is likely experiencing substantial growth, although at a rate potentially slightly below the global average due to factors such as lower per capita income compared to developed nations. The market is segmented into monitoring and management devices. Monitoring devices, including self-monitoring blood glucose (SMBG) devices (glucometers, test strips, lancets) and continuous glucose monitoring (CGM) systems (sensors and durables), are likely experiencing rapid adoption driven by increased awareness and convenience. Management devices, such as insulin pumps, syringes, cartridges, and disposable pens, are also witnessing growth, albeit potentially at a slower pace due to higher costs and the need for medical expertise. Key drivers include increased diabetes diagnosis rates, government initiatives to improve healthcare access, and rising disposable incomes within Vietnam's expanding middle class. However, constraints may include affordability issues for certain technologies, particularly in rural areas, and a need for improved patient education and healthcare infrastructure. Major global players like Becton Dickinson, Medtronic, and Abbott are likely present in the Vietnamese market either directly or through distributors, contributing to competition and technological advancements. Future growth will depend on the success of government initiatives aimed at tackling diabetes prevalence, increasing insurance coverage, and raising public awareness. The competitive landscape within Vietnam likely reflects a mix of international and local players. While specific market share data for Vietnam is unavailable, it's likely that multinational corporations hold a significant share due to their established brand recognition and advanced technologies. However, local players may gain traction by offering more affordable solutions tailored to the specific needs of the Vietnamese population. Growth is expected to be driven by the increasing availability of affordable SMBG devices and government programs promoting early diagnosis and disease management. The expansion of CGM technology, while facing challenges related to cost and infrastructure, holds significant potential for future market expansion in Vietnam. Further market segmentation analysis would require specific Vietnamese market research data, but the existing global data provides a solid foundation for understanding the key dynamics at play. Recent developments include: May 2023: The VPA and Roche Diabetes Care Vietnam, represented by Roche Vietnam Company Limited, have partnered to improve healthcare access for disadvantaged children with Type 1 diabetes in Vietnam as part of the global initiative CDiC. Led by Novo Nordisk and Roche Diabetes Care, this program aims to expand healthcare access and provide insulin and supplies to children and young individuals with Type 1 diabetes up to age 25 in countries with limited resources., January 2022: With a grant of DKK 5 million from the Danish Ministry of Foreign Affairs, the project 'Gestational Diabetes in Vietnam' will, in close collaboration with local researchers and health care workers, investigate GDM in Vietnam's northern Thai Binh province. GDM is estimated to affect about one in five pregnant women in Vietnam, but little is known about how it is handled by pregnant women, families, and healthcare providers., March 2021: Abbott Vietnam has introduced the FreeStyle Libre system, the world's leading glucose monitoring technology, for people with diabetes in Việt Nam.. Notable trends are: Management Devices Hold Highest Market Share in Vietnam Diabetes Care Devices Market.
This dataset provides information on 1,396 in Vietnam as of June, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.
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GlobalData, the industry analysis specialist, has released its latest report: “CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Vietnam”. It is an essential source of information on and analysis of the healthcare, regulatory and reimbursement landscape in Vietnam, identifying key trends in the healthcare market and providing insights into the demographic, regulatory, reimbursement landscape and healthcare infrastructure. Most importantly, the report provides valuable insights into the trends and segmentation of the pharmaceutical and medical devices market, using data and information sourced from proprietary databases, secondary research and in-house analysis by GlobalData’s team of industry experts. In 2015, Vietnam’s population stood at 92 million, an increase from 85 million in 2008 due to the high birth rate and low mortality rate. The country’s pharmaceutical market was estimated to have been worth $3.5 billion in 2015 and is expected to reach $6.6 billion by 2020 at a projected Compound Annual Growth Rate (CAGR) of 13.8%. The medical device market was estimated at approximately $295m in 2015 and is expected to grow at a CAGR of 11.3% to $505m by 2020. The positive trends in Vietnam’s healthcare market can primarily be attributed to: Increasing coverage of healthcare insurance Government initiatives to improve healthcare facilities Read More
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Vietnam home healthcare market size is projected to exhibit a growth rate (CAGR) of 9.7% during 2025-2033. The rising preferences among elderly people to receive medical care in the familiarity of their homes, technological advancements in the healthcare industry, and integration of telemedicine into home healthcare services represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Growth Rate (2025-2033) | 9.7% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product, service, and indication.
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In Vietnam Cardiac Care Medical Equipment Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,
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Vietnam Medical Devices Market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2024-30