Product Code: ETC062809 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Ultrasound Devices market currently, in 2023, has witnessed an HHI of 3384, Which has increased slightly as compared to the HHI of 2449 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Vietnam ultrasound devices market has witnessed significant growth over the years, driven by the rising demand for non-invasive medical imaging solutions. Ultrasound devices are widely used in various medical applications, including obstetrics, gynecology, cardiology, and radiology. The market`s growth can be attributed to the increasing prevalence of chronic diseases, the aging population, and the need for early and accurate diagnosis. The government`s focus on improving healthcare infrastructure and expanding access to medical services in rural areas has also contributed to the market`s expansion. Technological advancements, such as the development of portable and handheld ultrasound devices, have further widened the market`s reach. Moreover, the COVID-19 pandemic has emphasized the importance of point-of-care diagnostics, leading to increased adoption of portable ultrasound devices in emergency and critical care settings. As healthcare providers continue to prioritize patient care and diagnostic efficiency, the Vietnam ultrasound devices market is poised for continued growth.
The Vietnam Ultrasound Devices market has witnessed substantial growth due to various contributing factors. One of the primary drivers is the increasing prevalence of chronic diseases and the growing geriatric population in the country. Ultrasound devices are widely used for diagnostics and monitoring in various medical fields, including obstetrics, cardiology, and radiology. Additionally, technological advancements have led to the development of portable and more user-friendly ultrasound devices, boosting their adoption across healthcare facilities in Vietnam. Furthermore, government initiatives to improve healthcare infrastructure and enhance medical services have further stimulated the demand for ultrasound devices in the country.
The Vietnam Ultrasound Devices market faces several challenges that could impact its growth. One of the main challenges is the shortage of skilled healthcare professionals proficient in operating and interpreting ultrasound equipment. The effective use of ultrasound devices requires trained personnel, and the shortage of such professionals can limit the devices` adoption and utilization. Moreover, the high cost of advanced ultrasound equipment may pose a barrier, particularly for smaller healthcare facilities and clinics with budget constraints. Additionally, while the market is growing, there might still be regions with inadequate access to quality healthcare infrastructure, limiting the market`s reach in rural areas. Addressing these challenges will be crucial in ensuring the continued growth and success of the ultrasound devices market in Vietnam.
The Vietnam Ultrasound Devices market experienced both challenges and opportunities during the COVID-19 pandemic. In the early stages, elective medical procedures, including non-urgent ultrasound scans, were postponed to conserve resources for pandemic response. This led to a temporary decline in ultrasound device sales and utilization. However, as the healthcare system adapted to the pandemic situation, ultrasound devices played a crucial role in diagnosing and monitoring COVID-19 patients, especially in critical care settings. The portability and real-time imaging capabilities of ultrasound machines proved invaluable in managing patient care during the pandemic. As the country progressed through different phases of the pandemic, the Vietnam Ultrasound Devices market gradually recovered, with increased demand for both COVID-19 related applications and routine medical imaging.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Ultrasound Devices Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Ultrasound Devices Market Revenues & Volume, 2020 & 2027F |
3.3 Vietnam Ultrasound Devices Market - Industry Life Cycle |
3.4 Vietnam Ultrasound Devices Market - Porter's Five Forces |
3.5 Vietnam Ultrasound Devices Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Vietnam Ultrasound Devices Market Revenues & Volume Share, By Device Display, 2020 & 2027F |
3.7 Vietnam Ultrasound Devices Market Revenues & Volume Share, By Device Portabilty, 2020 & 2027F |
3.8 Vietnam Ultrasound Devices Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Vietnam Ultrasound Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Ultrasound Devices Market Trends |
6 Vietnam Ultrasound Devices Market, By Types |
6.1 Vietnam Ultrasound Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Ultrasound Devices Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Vietnam Ultrasound Devices Market Revenues & Volume, By Diagnostic Ultrasound Systems, 2018 - 2027F |
6.1.4 Vietnam Ultrasound Devices Market Revenues & Volume, By Therapeutic Ultrasound Systems, 2018 - 2027F |
6.2 Vietnam Ultrasound Devices Market, By Device Display |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Ultrasound Devices Market Revenues & Volume, By Color Ultrasound Devices, 2018 - 2027F |
6.2.3 Vietnam Ultrasound Devices Market Revenues & Volume, By Black & White (B/W) Ultrasound Devices, 2018 - 2027F |
6.3 Vietnam Ultrasound Devices Market, By Device Portabilty |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Ultrasound Devices Market Revenues & Volume, By Trolley/Cart-Based Ultrasound Devices, 2018 - 2027F |
6.3.3 Vietnam Ultrasound Devices Market Revenues & Volume, By Compact/Handheld Ultrasound Devices, 2018 - 2027F |
6.4 Vietnam Ultrasound Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Ultrasound Devices Market Revenues & Volume, By Radiology/General Imaging, 2018 - 2027F |
6.4.3 Vietnam Ultrasound Devices Market Revenues & Volume, By Obstetrics/Gynaecology, 2018 - 2027F |
6.4.4 Vietnam Ultrasound Devices Market Revenues & Volume, By Cardiology, 2018 - 2027F |
6.4.5 Vietnam Ultrasound Devices Market Revenues & Volume, By Urology, 2018 - 2027F |
6.4.6 Vietnam Ultrasound Devices Market Revenues & Volume, By Vascular, 2018 - 2027F |
6.4.7 Vietnam Ultrasound Devices Market Revenues & Volume, By Others, 2018 - 2027F |
7 Vietnam Ultrasound Devices Market Import-Export Trade Statistics |
7.1 Vietnam Ultrasound Devices Market Export to Major Countries |
7.2 Vietnam Ultrasound Devices Market Imports from Major Countries |
8 Vietnam Ultrasound Devices Market Key Performance Indicators |
9 Vietnam Ultrasound Devices Market - Opportunity Assessment |
9.1 Vietnam Ultrasound Devices Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Vietnam Ultrasound Devices Market Opportunity Assessment, By Device Display, 2020 & 2027F |
9.3 Vietnam Ultrasound Devices Market Opportunity Assessment, By Device Portabilty, 2020 & 2027F |
9.4 Vietnam Ultrasound Devices Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Vietnam Ultrasound Devices Market - Competitive Landscape |
10.1 Vietnam Ultrasound Devices Market Revenue Share, By Companies, 2020 |
10.2 Vietnam Ultrasound Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |