Vietnam HealthTech Market

Vietnam HealthTech Market Size Expands at Significant CAGR of 5.14% to Reach Value of USD 453.56 Million by 2030

Published | 02 July 2024

Vietnam HealthTech Market is flourishing because of an increasing demand for digital health services and the government’s support for digital transformation.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam HealthTech Market size at USD 261.27 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Vietnam HealthTech Market size to expand at a CAGR of 5.14% reaching a value of USD 453.56 million by 2030. The lack of access to modern healthcare services in underdeveloped rural areas and the rising use of smartphones and other mobile platforms, which make healthtech services more accessible, are two major growth factors for Vietnam Healthtech Market. Over the forecast period, it is also projected that Vietnam Healthtech Market will be driven by the rising prevalence of chronic diseases and the rising need for remote patient monitoring.

Opportunity - Rising prevalence of non-communicable diseases

Vietnam is registering a significant rise in the prevalence of various non-communicable diseases, such as cardiology, diabetes, neurology, sleep apnea, oncology, and others. The cardiology segment accounts for the highest market share owing to the high prevalence of heart diseases in the country. According to the World Health Organization, cardiovascular diseases caused 31% of total deaths, equivalent to 170,000, in Vietnam in 2016. Through healthtech services, such as teleconsultations, the risk factors of coronary artery disease can be reduced significantly, which contributes to the growth of Vietnam healthtech market.

Sample Request @

Vietnam HealthTech Market

Segmental Coverage

Vietnam HealthTech Market – By End User

Based on end users, Vietnam HealthTech Market is segmented into healthcare providers, healthcare payers, healthcare consumers, pharmaceutical companies, and others. The healthcare consumers segment dominates Vietnam healthtech market. The lack of accessibility to healthcare systems in the rural parts of Vietnam is boosting the growth of telehealth and mHealth facilities in the country. In terms of patient accessibility to healthcare, healthtech provides several benefits, including remote monitoring and health information access. Furthermore, increasing smartphone ownership and the launch of various healthtech devices, such as Fitbit, are further driving the growth of the market.

Competitive Landscape

Major players operating in the Vietnam HealthTech Market include Johnson Health Tech Vietnam, Saigon Technology, Thuocsi, Jio Health, Medigo, Medici, EDoctor, Med247, Docosan, Nhi Đồng 315, and AiHealth.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Don’t miss the business opportunity in Vietnam HealthTech Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and Vietnam HealthTech Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam HealthTech Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

About Us

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing qualitative and quantitative data to boost the performance of your business solutions. BlueWeave has built its reputation by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

Contact Us:

BlueWeave Consulting & Research Pvt Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662