Tag: healthcare

Vietnam’s production of medical, dental, orthopaedic, and rehabilitation equipment and instruments increased by 57.5 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 84.6 percent above 2019 levels.

Medical services and medicine costs in Vietnam increased by 9.47 percent in January, contributing 0.51 percentage points to Vietnam’s Consumer Price Index.

Year-on-year, the sector recorded robust growth of 16.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth stood at 9.2 percent in 2024 compared to 2023, reflecting consistent expansion throughout the year.

In 2024, the sector attracted a total of 2 new projects with US$95.37 million in newly registered capital.

Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.

The diagnostic labs sector plays a vital role in Vietnam’s healthcare system, offering critical services for medical testing and diagnostics. The rising incidence of chronic illnesses such as diabetes, cardiovascular diseases, and cancer has significantly boosted the demand for diagnostic services, the report says.

Investment in healthcare infrastructure is also playing a critical role in expanding access to essential medicines, especially in urban and increasingly in rural areas. As both government and private sectors focus on enhancing Vietnam’s healthcare facilities, the pharmaceutical market is expected to continue its upward trajectory, addressing the diverse healthcare needs of a rapidly evolving population.

The report notes that rising awareness and acceptance of IVF procedures among the population are central to this growth. As more couples become informed about the possibilities of assisted reproductive technologies, the demand for IVF services is increasing…

The report suggests a key factor contributing to this robust expansion is the growing incidence of chronic diseases and age-related health conditions in the country, which are creating a surge in demand for advanced diagnostic imaging services essential for enabling early detection, precise diagnosis, and effective treatment of various ailments…

The report says that rising disposable income across Vietnam is enabling more individuals to seek advanced dental services, including cosmetic dentistry, orthodontics, and preventive care. This shift marks a notable change, as more Vietnamese consumers prioritise oral health as part of their overall well-being…

Construction work on the new branches of Bach Mai Hospital and Viet Duc Hospital kicked-off in 2014 with the examination areas at both hospitals inaugurated in 2018. Since then, however, only one facility was used for a year and the other has not accepted patients at all…