Vietnam Health It Solutions Market Overview and Segmentation: Ken Research



Vietnam Health Tech Market

Vietnam Health IT Solutions market has a slower growth rate of 4.5% CAGR (2018-2021) compared to e-Pharmacy and Online Consultation markets owing to the slow integration of digital health systems in hospitals. Most of the hospitals could not adopt digital services due to lack of technology and finances in the healthcare industry.

Market Segmentation of Health IT Solutions

By Customization: The market is conquered by Customized products as majority of the hospitals in Vietnam choose to customize products or software systems of Health IT according to the hospitals/ institutions specifications and needs.

By Type of Product: 100% of the public hospitals in Vietnam have installed Hospital Information System contributing the highest market share in Health IT Solutions.  LIS adoption is relatively high at central-level hospitals, where maximum of the hospitals has implemented the system, but the adoption is slow at the lower-level hospitals. vietnam-health-tech-market

By Region: The Northern Region of Vietnam contributes the highest market share to the Health IT Solutions in 2021. The market is concentrated in the Northern Region as it attracted large national conglomerates to enter the market, making it a high-quality medical hub. Moreover, changes in the country’s demographic & socio- economic factors like decreasing mortality rate and increased fertility rate, along with the increased urbanization and non-communicable diseases is driving the hospital market in all three regions.

Comparative Landscape in Vietnam Health Tech Market

The competition in e-Pharmacy was observed to be unorganized and moderately fragmented in e-Pharmacy with Pharmacity and Long Chau contributing the maximum market share. Key competitive parameters include price, business model, delivery options, availability of brands and retail partners. The market is majorly dominated by e-Pharmacy compared to the other two markets.

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In the Online Consultation market, the competition was identified to be unorganized and moderately fragmented with top players eDoctor, Med247 and Doctor Anywhere contributing the maximum market share. Key competitive parameters include fees, subscription, mode of consultation, cancellation and rescheduling and type of doctors and their availability.

The competition in Health IT Solutions was recognized to be moderately concentrated with three major dominating players in the market, namely FPT, VNPT and Viettel Solutions. Key competitive parameters include price, type of product, customization, after sale service, ease of expansion, technology advancement, service offerings, etc.

Vietnam Health Tech Market Outlook and Projections

The Health Tech market is projected to grow at double digit CAGR (2021-2026F). Factors such as socio-economic changes, increasing internet penetration, advanced technological implementations and strategic collaborations will drive the Vietnam Health Tech market in the near future. Moreover, the changing nature of illness translates to more demand for long-term and coordinated healthcare. Upcoming technologies such as implementation of Artificial Intelligence and Big Data in the healthcare system are along with the government Resolution 20NQ/TW from 2021, real estate and credit laws have been issued as incentives to further investments in the healthcare and IT sectors.

Key Segments Covered in the report: –

e-Pharmacy Market

By Oder Split

By Order Split

OTC Drugs

Prescribed Drugs

Non-Pharmaceutical Products and Medical Devices

By Oder Platform

Mobile Application

Web Browser

By Region

Northern Region

Central Region

Southern Region

Online Consultation Market

By Type of Doctor

General Practitioner

Specialized Doctor

By Type of Specialization

Pediatrics

Family Doctor

Dermatologist

Others (include ENT Specialist, Cardiologist, Optometrist, Psychiatrist and more)

By Region

Northern Region

Central Region

Southern Region

Health IT Solutions Market

By Type of Customization

Customized

Non- Customized

By Type of Product

HIS/LIS

Independent LIS

PMS

CMS

By Region

Northern Region

Central Region

Southern Region

Key Target Audience

Healthcare Industry

Pharmaceutical Industry

e-Pharmacy Companies

Online Consultation Companies

Health IT Solutions Companies

Hospitals & Clinics

Retail Pharmacy Drug Stores

Time Period Captured in the Report:

Historical Period: 2018-2021

Forecast Period: 2021-2026F

Companies Covered:

Pharmacity

Long Chau

Medicare

Phano Pharmacy

eDoctor

Med247

Doctor Anywhere

FPT

VNPT

Viettel Solutions

Key Topics Covered in the Report

Executive Summary of Health Tech Market in Vietnam

Vietnam Country and Healthcare Sector Overview

Vietnam Health Tech Market Overview

Major Challenges in Health Tech Market

Comprehensive Analysis on e-Pharmacy, Online Consultation and Health IT Solutions Markets (Market Size, 2018-2026F; Market Shares; Future Trends)

Major Regulations for e-Pharmacy, Online Consultation and Health IT Solutions Markets in Vietnam

Emerging Technologies in Health Tech Market

Strengths and Weaknesses of Major Health Tech Players in Vietnam

Competitive Landscape in e-Pharmacy, Online Consultation and Health IT Solutions Markets

Emerging Opportunities in Health Tech Market in Vietnam

Analyst Recommendations

For More Info on the Research Report, Click on the below link: –

Future Outlook of Vietnam Health Tech Market

Related Reports by Ken Research: –

Philippines Health Tech Market Outlook to 2025- By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others

Indonesia Health Tech Market Outlook to 2025-Lack of Medical Staff and Protective Gear to Lean on Healthcare Startups in Indonesia

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com

+91-9015378249

The post Vietnam Health It Solutions Market Overview and Segmentation: Ken Research appeared first on Ken Research.



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