Vietnam hospitals market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2022-2026. https://bit.ly/3D4OsDH

1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
VIETNAM HOSPITAL MARKET
FORECAST & OPPORTUNITIES
2016 –2026

2. 2
Scope of Report
Product of Interest (POI): Hospital
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
A hospital is a health care institution providing patient treatment with specialized medical and nursing staff and
medical equipment. The best-known type of hospital is the general hospital, which typically has an emergency
department to treat urgent health problems ranging from fire and accident victims to a sudden illness. A district
hospital typically is the major health care facility in its region, with many beds for intensive care and additional
beds for patients who need long-term care.
Market Segmentation
REGION
• Northern
• Southern
• Central
• Public
• Private
OWNERSHIP
TYPE
BED CAPACITY
• Up to 100 beds
• 100-500 beds
• Above 500 beds
• General
• Specialty
• Multi- Speciality
TYPE OF SERVICES
• In-Patient Services
• Out-Patient Services

3. 3
Table of Contents
S. No. Contents Page No.
1.
Product Overview (A brief description of the category and product inclusions considered under the
scope of the study to give clear picture to the client about the product of interest.)
2.
Research Methodology (A detailed methodology on how we have derived the market related
information and what are the measures that has been taken to validate the data.)
3. Executive Summary
4. Impact of COVID-19 on Vietnam Hospital Market
5. Voice of Customer
6.
Vietnam Hospital Market Outlook, 2016-2026F (This chapter includes a brief overview of the
product of interest market such as total market’s growth rate, expected growth rate, key growth
levers, leading region, top grossing product types, etc. It includes more of a qualitative information
about the market.)
6.1. Market Size & Forecast
6.1.1. By Value
6.2.
Market Share & Forecast(This chapter would include the market size i.e., the revenue
generated from the Vietnam hospital market in one year. In this case, the market size will
be provided in value terms for historic period (2016-2019); current/base year (2020);
estimated year (2021E); and forecast (2022-2026))
6.2.1. By Ownership (Public v/s Private)
6.2.2. By Type (General, Specialty, Multi- Speciality)
6.2.3. By Type of Services (In-Patient Services v/s Out-Patient Services)
6.2.4. By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds)
6.2.5. By Company (2020)
6.2.6. By Region
6.3. Product Market Map

4. 4
Table of Contents
S. No. Contents Page No.
7. Vietnam Public Hospital Market Outlook, 2016-2026F
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Type of Services
7.2.3. By Bed Capacity
8. Vietnam Private Hospital Market Outlook, 2016-2026F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Type of Services
8.2.3. By Bed Capacity

5. 5
Table of Contents
9. Market Dynamics (This chapter assesses the major demand drivers and restraints.)
9.1 Drivers
9.2 Challenge
10.
Market Trends & Developments (This section captures recent trends pertaining to manufacturing or
consumption, market movements in terms of points of production and consumption, advancements
and development)
11. Policy & Regulatory Landscape
12. Vietnam Economic Profile
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles (Leading Companies)
13.2.1. Company Details
13.2.2. Products & Services
13.2.3. Financials (As Reported)
13.2.4. Key Market Focus & Geographical Presence
13.2.5. Recent Developments
13.2.6. Key Management Personnel
14. Strategic Recommendations (Based on the findings of the report strategic recommendations on how
to enter and expand market share)
15. About Us & Disclaimer
S. No. Contents Page No.

6. RESEARCH
METHODOLOGY

7. 7
Research Methodology
✓ Identiing Key Opinion Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the Vietnam hospital
market, overall market size
and segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the Vietnam hospital
market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn
✓ TechSci Internal
Database
✓ Factiva
✓ Hoovers
Paid Types
✓ Company Websites
✓ Company Annual
Reports
✓ White Paper Study
✓ Financial Reports
✓ Investor
Presentations
✓ Regulatory Body
✓ Associations, etc.
Secondary
Research
Primary Research

8. 8
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Vietnam hospital market. The team has analyzed
the outlook of various segments of this market, while considering the major influencing factors such as growing privatization across the
hospitals is further driving the growth of the Vietnam hospitals market in the upcoming five years. The study includes market
forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Vietnam
hospital market.
Methodology Followed for Calculation of Market Size:
• Market Size By Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as hospital providers,
channel partners, market influencers & End User, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 hospital providers, 45 – 50 channel partners, 80 – 100 End User, and 15 – 20 industry
experts and other value chain stakeholders in Vietnam hospital market to obtain the overall market size for 2016-2020, which was
validated by using Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the
market size data during 2016-2020.

9. 9
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by ownership, by type, by type of service, by
bed capacity, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise
revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated
across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares shares by ownership, by type, by type of service, by bed capacity, by region and by company were calculated based on the
responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or
revenue generated from various segments of Vietnam hospital market. The final shares were calculated by taking the geometric mean of
the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Vietnam
hospital market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis

10. 10
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also
used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be
noted that the figures compiled are only for the organized market including market share data.
Partial List of Companies Interviewed Key Secondary Types
▪ 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
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases

11. 11
Industry Brief
Rising demand for specialty hospitals is driving the growth of Vietnam Hospitals Market, in the forecast period, 2021-2026.
According to TechSci report on, “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, 2026”, Vietnam hospitals market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming
forecast years 2020 to 2026. Vietnam hospitals market owes its growth to the factors like rapidly evolving demographic changes and economic growth of the
country. Decreasing mortality rate, increased fertility rate, along with the increased urbanization is driving the growth of the Vietnam hospitals market in the
upcoming five years. Vietnam is among the most prominently growing healthcare sector in the Asia-Pacific region and is expected to keep this growth module
for the upcoming five years. Migration pattern of the citizen of the country to other neighboring countries may put a mild restraint but advancing healthcare
facilities in the Vietnam hospitals is anticipated to compensate the growth hindrance and aid the growth of the Vietnam hospitals market in the next five years.
Additionally, government initiatives to replenish the public hospitals with latest technology medical equipment along with the advanced pharmaceutical
products is anticipated to drive the growth of the Vietnam hospital market in the future five years.
Vietnam has more than 1,100 public hospitals, leading to 31 beds per 10,000 people. Hanoi, and Ho Chi Minh City hospitals with their highest quality of
healthcare accounts for almost 60% of the country’s patient population. Some of the hospitals are working with a efficiency of 200% capacity.
The Vietnam hospital market is segmented on the basis of ownership, type, type of services, bed capacity, competitional landscape, and regional distribution.
Based on type, the market is further differentiated among general, specialty, and multi-specialty hospitals. General hospitals are anticipated to hold the largest
revenue shares of the market on the account of advancing healthcare sector in the country and thereby supporting the Vietnam hospital market in the
upcoming five years. Moreover, rapidly increasing number of cardiovascular diseases, oncological patients, and neural degenerating issues is supporting the
surging demand for specialty hospitals and aiding it to register significant growth in the future five years.
Based on ownership, the market is further divided between public and private hospitals. Private hospitals are anticipated to hold the largest revenue shares of
the market and assert its dominance over the market on the account of rapidly increasing privatization of the hospitals. The rapidly increasing number of
private hospitals and inclination of the consumers toward the private hospitals is further supporting the growth of the sub-segment and thus drive the growth of
the Vietnam hospitals market. Public hospitals or better known as government hospitals are anticipated to hold the significant shares of the market and show
substantial growth in the future five years on the account of health insurance benefits from the government initiatives, affordable services, and availability of
the government regulated medical procedures.
A partial list of market player in the Vietnam hospitals market includes 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, among others. These market players hold larger shares
of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the
technologically advanced hospitals and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the
consumers. New market players may focus on the research and development to provide such infrastructure and services that satisfies the consumer demand
as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
“Healthcare sector in Vietnam is evolving and efficiently serving its citizen. The government is actively working to improve the healthcare facility for the patient
in the provincial hospitals with methods like skill trainings, and doctor rotation programs. Infrastructure upgrades, reimbursement facilities and liberation of
rules regarding private investment in healthcare facilities is further driving the growth of the healthcare sector and thus supporting the growth of the Vietnam
hospitals market in the upcoming five years. New market players who are anticipating to enter the market must focus on the investment in research and
development for hospitals & clinics, diagnostic labs, pharmaceutical and medical devices,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.

12. 12
Sample Data - Snapshot
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2016 2020 2021E 2026F
Vietnam Hospital Market Size, By Value (USD Million), 2016-2026F
CAGR By Value
XX%
CAGR By Value
YY%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
General Specialty Multi- Speciality
Vietnam Public Hospital Market Share, By Type, By Value, 2016–2026F
Vietnam Public Hospital Market Share, By Type of Services, By Value, 2016–2026F
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F
Out-Patient
Services
In-Patient Services

13. 13
Report Ordering
Report Name: VIETNAM HOSPITAL MARKET
FORECAST & OPPORTUNITIES
2016 –2026
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14. About Us & Disclaimer
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number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The
proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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