Vietnam ultrasound systems market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of increasing advancement in the medical devices. Also, surging demands for the early and efficient diagnosis of various chronic and infectious diseases, is further driving the growth of the Vietnam ultrasound systems market. The government of Vietnam is actively supporting the growth of the market with increasing investment in the healthcare sector and in the development of the technologically advanced diagnostic medical devices for best possible patient care.
Ultrasound systems are diagnostic devices that produce x ray images of the organs and tissues for the examination purposes. The ultrasound machines function of the physics principle of sound waves. The system releases sound waves that when comes in contact with the body or the organ, reflects and creates an image of the same on detector. The device is majorly utilized for the study a developing fetus (unborn baby), a person's abdominal and pelvic organs, muscles and tendons, or their heart and blood vessels.
Rising Concerns Toward Health Promises Market Growth
Increasing instances of diseases, and disorders have enhanced the attention of common population as well as the government toward betterment of the healthcare segment in the country. The government of Vietnam has been actively investing in the healthcare sector. Technological advancement in the medical devices, increase in the manufactured units of ultrasound systems, along with the increasing awareness among the population of the country requires government support in the form of favorable schemes or financial support, thus aiding the growth of the Vietnam ultrasound systems market in the upcoming five years.
Growing Population Drives Market Growth
Increasing population of the country is further actively driving the growth of the Vietnam ultrasound systems market in the upcoming five years. In the year 2020, over 97 million population in the country was recorded. 23.2% of the population is of children aging between new born to 14 years old. Moreover, growing fertility rates in the country also owes to the growth of the Vietnam ultrasound systems market in the next five years. Fertility rate in the female population of the country is 2 births per woman.
Rapidly increasing advancements in the healthcare services have provided better patient care for the females expecting babies, have further aided to the growth of the Vietnam ultrasound systems market in the future five years.
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Market Segmentation
The Vietnam ultrasound systems market is segmented by technology, display type, mobility, application, end user, competitional landscape, and regional distribution.
Display type segment of the market is defined between black & white and colored display. Mobility based segmentation of the market is further segmented into fixed and mobile. On the basis of application, the market segment is bifurcated into general imaging, obstetrics/gynecology, cardiology, urology, orthopedic & musculoskeletal, and others. Market segments on the basis of end user, is further fragmented into hospitals & clinics, diagnostic centers, ambulatory care centers, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern region, Central region, and the Southern region.
Company Profile
AppTech Medical, Inc., FUJIFILM VIETNAM Co., Ltd., GE Healthcare Vietnam, Philips Vietnam, VIMEC Corporation, IDS Medical Systems Vietnam Ltd. (idsMED Vietnam), Siemens Healthineers Vietnam
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | - Technology
- Display Type
- Mobility
- Application
- End User
|
Regional scope | Northern region, Central region, and Southern region. |
Key companies profiled | AppTech Medical, Inc., FUJIFILM VIETNAM Co., Ltd., GE Healthcare Vietnam, Philips Vietnam, VIMEC Corporation, IDS Medical Systems Vietnam Ltd. (idsMED Vietnam), Siemens Healthineers Vietnam |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |