Please Wait.....
Report
Vietnam Pulse Oximeter Market, By Component (Monitors, Sensors), By Type (Portable Pulse Oximeter, Tabletop/Bed side Pulse Oximeter), By Age Group (Adult, Pediatric), By End User (Hospitals, Home Care, Outpatient Facilities, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F
Market Report I 2025-04-11 I 70 Pages I TechSci Research
Vietnam pulse oximeter market was valued at USD 22.12 million in 2024 and is expected to exhibit robust growth throughout the forecast period, with a projected compound annual growth rate (CAGR) of 6.98% through 2030. This market is undergoing significant expansion, driven by technological advancements, rising healthcare awareness, and evolving demographic factors.
The introduction of innovative features-such as reusable sensors, fingertip models, compact designs, and digital connectivity-has significantly improved the functionality and adoption of pulse oximeters across both medical institutions and home healthcare environments.
However, market penetration is constrained by two primary challenges: the relatively high cost of advanced pulse oximeter models and the uneven distribution of healthcare infrastructure, particularly in rural areas. Addressing these limitations will be critical to expanding market accessibility and sustaining long-term growth.
The outlook for the market remains highly positive, supported by proactive initiatives from key industry stakeholders and favorable government healthcare policies. With increasing emphasis on early diagnosis and remote patient monitoring, both healthcare providers and consumers are expected to drive demand, reinforcing the long-term growth trajectory of the pulse oximeter market in Vietnam.
Key Market Drivers
Rising Prevalence of Respiratory and Cardiovascular Diseases
The increasing incidence of respiratory and cardiovascular conditions is a major driver of demand for pulse oximeters in Vietnam. Cardiovascular disease (CVD) remains the leading cause of mortality, with stroke and ischemic heart disease being the predominant contributors to death and disability. Notably, data from Bach Mai Hospital-Vietnam's largest public hospital in Hanoi-reveals that 15% to 17% of CVD-related hospital admissions involve patients under the age of 40, underscoring the growing burden of heart disease among younger demographics.
As these health issues become more prevalent due to environmental, lifestyle, and demographic factors, the demand for continuous and reliable oxygen saturation monitoring has grown significantly, driving adoption of pulse oximeters.
Key Market Challenges
High Costs and Limited Affordability
While basic models of pulse oximeters are available at accessible prices, advanced devices featuring wireless connectivity, multi-parameter monitoring, and AI-based diagnostics remain cost-prohibitive for many healthcare facilities and individual consumers. Vietnam's reliance on imported medical equipment contributes to elevated retail prices, due to import duties, shipping costs, and distribution margins.
The absence of a robust domestic manufacturing base for high-quality pulse oximeters limits opportunities for cost reduction through local production. Public hospitals and smaller clinics often operate within constrained budgets, prioritizing critical medical infrastructure over pulse oximeters. Similarly, financially constrained consumers tend to purchase lower-cost, lower-quality alternatives or forgo such devices altogether.
These affordability challenges hinder adoption in both clinical and home settings, restraining market growth. To address this, the implementation of government subsidies, the promotion of domestic manufacturing, and strategic pricing models will be essential to making these devices more accessible.
Key Market Trends
Digital Transformation and Smart Monitoring Integration
Vietnam's healthcare sector is undergoing rapid digital transformation, spurred by supportive government initiatives and increasing private-sector investments. Notable advancements include:
Integration of wireless and Bluetooth-enabled pulse oximeters, allowing real-time data transmission to healthcare providers and mobile applications.
Seamless connectivity with telemedicine platforms, facilitating remote monitoring of patients with chronic conditions such as COPD, asthma, and heart disease.
Deployment of AI-driven analytics to deliver predictive health insights and detect early signs of hypoxia and respiratory distress.
With the growing adoption of telemedicine services, hospitals, clinics, and home users are increasingly integrating smart health devices. Pulse oximeters are becoming an essential component of Vietnam's remote patient monitoring ecosystem, broadening their application beyond traditional clinical settings into home-based care. This trend is transforming how oxygen saturation is monitored, supporting the market's expansion and evolution.
Key Market Players
- Medtronic Vietnam Co., Ltd
- MTTS Co., Ltd
- Koninklijke Philips NV
- GE Vietnam Limited
- Nihon Kohden Vietnam Company Limited
- Draeger Vietnam Co., Ltd
Report Scope:
In this report, the Vietnam Pulse Oximeter Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Vietnam Pulse Oximeter Market, By Component:
o Monitors
o Sensors
- Vietnam Pulse Oximeter Market, By Type:
o Portable Pulse Oximeter
o Tabletop/Bed side Pulse Oximeter
- Vietnam Pulse Oximeter Market, By Age Group:
o Adult
o Pediatric
- Vietnam Pulse Oximeter Market, By End User:
o Hospitals
o Home Care
o Outpatient Facilities
o Others
- Vietnam Pulse Oximeter Market, By Region:
o Northern Vietnam
o Central Vietnam
o Southern Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnam Pulse Oximeter Market.
Available Customizations:
Vietnam Pulse Oximeter market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Vietnam Pulse Oximeter Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Monitors, Sensors)
5.2.2. By Type (Portable Pulse Oximeter, Tabletop/Bed side Pulse Oximeter)
5.2.3. By Age Group (Adult, Pediatric)
5.2.4. By End User (Hospitals, Home Care, Outpatient Facilities, Others)
5.2.5. By Region
5.2.6. By Company (2024)
5.3. Market Map
6. Northern Vietnam Pulse Oximeter Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Type
6.2.3. By Age Group
6.2.4. By End User
7. Southern Vietnam Pulse Oximeter Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Type
7.2.3. By Age Group
7.2.4. By End User
8. Central Vietnam Pulse Oximeter Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Type
8.2.3. By Age Group
8.2.4. By End User
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
10.1. Recent Developments
10.2. Product Launches
10.3. Mergers & Acquisitions
11. Policy & Regulatory Landscape
12. Vietnam Economic Profile
13. Vietnam Pulse Oximeter Market: SWOT Analysis
14. Competitive Landscape
14.1. Medtronic Vietnam Co., Ltd
14.1.1. Business Overview
14.1.2. Product & Service Offerings
14.1.3. Recent Developments
14.1.4. Key Personnel
14.1.5. Financials (If Listed)
14.1.6. SWOT Analysis
14.2. MTTS Co., Ltd
14.3. Koninklijke Philips NV
14.4. GE Vietnam Limited
14.5. Nihon Kohden Vietnam Company Limited
14.6. Draeger Vietnam Co., Ltd
15. Strategic Recommendations
16. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security