Product Code: ETC009890 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam Surgical Instruments market currently, in 2023, has witnessed an HHI of 1085, Which has decreased slightly as compared to the HHI of 1311 in 2017. The market is moving towards highly competitive. 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 surgical instruments market is expected to register a CAGR of 5.7% during the forecast period (2020-2026). The countrys healthcare sector has been rapidly expanding due to increasing investments in the public and private sectors, growing awareness about health among citizens, and an aging population that demands better services. This has led to the emergence of modern hospitals across the country, which are largely equipped with advanced medical devices like surgical instruments. Moreover, rising levels of disposable income have enabled people to spend more on quality healthcare services as well as treatment procedures involving invasive surgeries using specialized surgical tools. Thus, these factors are likely to drive market growth over the forecast period 2020-2026.
The government in Vietnam has developed various initiatives such as free medical checkups for low-income communities and subsidized medicines for elderly individuals above 65 years old in order to improve access and affordability of healthcare services. Such schemes have helped increase demand for technologically advanced medical equipment including surgical instruments from both domestic manufacturers and international suppliers alike. Furthermore, favorable governmental regulations coupled with increased foreign direct investment into this sector would further propel industry expansion over the coming years.
However, availability of counterfeit products pose a major challenge for legal manufacturers operating within this space since they offer substantially cheaper alternatives at cost disadvantage compared to genuine products made by established companies leading customers away from branded solutions towards counterfeit ones hampering overall growth prospects over short term.
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 Surgical Instruments Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Surgical Instruments Market Revenues & Volume, 2019 & 2026F |
3.3 Vietnam Surgical Instruments Market - Industry Life Cycle |
3.4 Vietnam Surgical Instruments Market - Porter's Five Forces |
3.5 Vietnam Surgical Instruments Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Vietnam Surgical Instruments Market Revenues & Volume Share, By Surgery Types, 2019 & 2026F |
3.7 Vietnam Surgical Instruments Market Revenues & Volume Share, By Surgical Procedure, 2019 & 2026F |
3.8 Vietnam Surgical Instruments Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Vietnam Surgical Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Surgical Instruments Market Trends |
6 Vietnam Surgical Instruments Market, By Types |
6.1 Vietnam Surgical Instruments Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Surgical Instruments Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Vietnam Surgical Instruments Market Revenues & Volume, By Surgical Sutures and Staples, 2016 - 2026F |
6.1.4 Vietnam Surgical Instruments Market Revenues & Volume, By Handheld Surgical Equipment, 2016 - 2026F |
6.1.5 Vietnam Surgical Instruments Market Revenues & Volume, By Electrosurgical Devices, 2016 - 2026F |
6.2 Vietnam Surgical Instruments Market, By Surgery Types |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Surgical Instruments Market Revenues & Volume, By Open Surgery, 2016 - 2026F |
6.2.3 Vietnam Surgical Instruments Market Revenues & Volume, By Minimally Invasive Surgery, 2016 - 2026F |
6.3 Vietnam Surgical Instruments Market, By Surgical Procedure |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Surgical Instruments Market Revenues & Volume, By Cataract Surgery, 2016 - 2026F |
6.3.3 Vietnam Surgical Instruments Market Revenues & Volume, By Heart Surgery, 2016 - 2026F |
6.3.4 Vietnam Surgical Instruments Market Revenues & Volume, By Caesarean Section, 2016 - 2026F |
6.3.5 Vietnam Surgical Instruments Market Revenues & Volume, By Low Back Pain Surgery, 2016 - 2026F |
6.3.6 Vietnam Surgical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
6.4 Vietnam Surgical Instruments Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Surgical Instruments Market Revenues & Volume, By Cardiology, 2016 - 2026F |
6.4.3 Vietnam Surgical Instruments Market Revenues & Volume, By Ophthalmology, 2016 - 2026F |
6.4.4 Vietnam Surgical Instruments Market Revenues & Volume, By Urology and Gynecology Surgery, 2016 - 2026F |
6.4.5 Vietnam Surgical Instruments Market Revenues & Volume, By Others, 2016 - 2026F |
7 Vietnam Surgical Instruments Market Import-Export Trade Statistics |
7.1 Vietnam Surgical Instruments Market Export to Major Countries |
7.2 Vietnam Surgical Instruments Market Imports from Major Countries |
8 Vietnam Surgical Instruments Market Key Performance Indicators |
9 Vietnam Surgical Instruments Market - Opportunity Assessment |
9.1 Vietnam Surgical Instruments Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Vietnam Surgical Instruments Market Opportunity Assessment, By Surgery Types, 2019 & 2026F |
9.3 Vietnam Surgical Instruments Market Opportunity Assessment, By Surgical Procedure, 2019 & 2026F |
9.4 Vietnam Surgical Instruments Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Vietnam Surgical Instruments Market - Competitive Landscape |
10.1 Vietnam Surgical Instruments Market Revenue Share, By Companies, 2019 |
10.2 Vietnam Surgical Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |