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Vietnam Ultrasound Systems Market, By Technology (Diagnostic Ultrasound {2D Ultrasound, 3D & 4D Ultrasound, Doppler Ultrasound} v/s Therapeutic Ultrasound {High-Intensity Focused Ultrasound (HIFU) v/s Extracorporeal Shockwave Lithotripsy (ESWL)}), By Display Type (Black & White v/s Colored), By Mobility (Fixed v/s Mobile), By Application (General Imaging, Obstetrics/ Gynecology, Cardiology, Urology, Orthopedic & Musculoskeletal, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2022-08-01 I 73 Pages I TechSci Research
Vietnam ultrasound systems market is projected to grow at a significant rate during the forecast period, 2023-2027. The market growth can be attributed to the advancements in medical devices and expanding healthcare sector. Besides, increasing demand for early and efficient diagnosis of various chronic and infectious diseases coupled with the rising R&D initiatives in the field of therapeutic ultrasound are anticipated to fuel the Vietnam ultrasound systems market. Vietnam's government is increasingly investing in the healthcare sector and developing technologically advanced diagnostic medical devices to provide the best medical care at affordable rates.
Ultrasound systems are diagnostic tools that generate x-ray images of the organs and tissues for making diagnosis. The science of sound waves underlies the operation of ultrasound equipment. The system emits sound waves, which, when they strike a body part or an organ, reflect and produce an image of that object on a detector. The instrument is mainly used to study developing fetuses (unborn children), abdominal and pelvic organs, muscles, tendons, and heart and blood arteries of humans. Additionally, support from the government in the form of favorable schemes and fundings is expected to aid the Vietnam ultrasound systems market growth.
Vietnam's female population has a fertility rate of two births per woman. Rapid improvements in medical technology have improved patient care for women who are expecting infants. The country's rising fertility rates is also expected to positively influence the Vietnam ultrasound systems market during the forecast period. In the coming years, high pregnancy rates in the county are expected to contribute to the market growth for ultrasound systems in Vietnam.
The Vietnam ultrasound systems market segmentation is based on technology, display type, mobility, application, end user, competitional landscape, and regional distribution. Based on technology, the market is further differentiated between diagnostic ultrasound and therapeutic ultrasound.
Market players operating in the Vietnam ultrasound systems market are AppTech Medical, Inc., FUJIFILM VIETNAM Co., Ltd., GE Healthcare Vietnam, Philips Vietnam, VIMEC Corporation, IDS Medical Systems Vietnam Ltd. (idsMED Vietnam), Siemens Healthineers Vietnam, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Vietnam ultrasound systems from 2017 to 2021.
- To estimate and forecast the market size of Vietnam ultrasound systems market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the Vietnam ultrasound systems market based on technology, display type, mobility, application, end user, region, and company.
- To identify the dominant region or segment in the Vietnam ultrasound systems market.
- To identify drivers and challenges for the Vietnam ultrasound systems market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Vietnam ultrasound systems market.
- To identify and analyze the profiles of leading players operating in the Vietnam ultrasound systems market.
- To identify key sustainable strategies adopted by market players in Vietnam ultrasound systems market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed service providers and presence of all major players across the country.
TechSci Research calculated the market size of the Vietnam ultrasound systems market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam ultrasound systems market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Vietnam Ultrasound Systems Market, By Technology:
o Diagnostic Ultrasound
- 2D Ultrasound
- 3D & 4D Ultrasound
- Doppler Ultrasound
o Therapeutic Ultrasound
- High-Intensity Focused Ultrasound (HIFU)
- Extracorporeal Shockwave Lithotripsy (ESWL)
- Vietnam Ultrasound Systems Market, By Display Type:
o Black & White
o Colored
- Vietnam Ultrasound Systems Market, By Mobility:
o Fixed
o Mobile
- Vietnam Ultrasound Systems Market, By Application:
o General Imaging
o Obstetrics/Gynecology
o Cardiology
o Urology
o Orthopedic & Musculoskeletal
o Others
- Vietnam Ultrasound Systems Market, By End User:
o Hospitals & Clinics
o Diagnostic Centers
o Ambulatory Care Centers
o Others
- Vietnam Ultrasound Systems Market, By Region:
o Northern Region
o Central Region
o Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam ultrasound systems market.
Available Customizations:
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
2. Research Methodology
3. Impact of COVID-19 on Vietnam Ultrasound System Market
4. Executive Summary
5. Voice of Customer
6. Vietnam Ultrasound System Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology (Diagnostic Ultrasound v/s Therapeutic Ultrasound)
6.2.2. By Display Type (Black & White v/s Colored)
6.2.3. By Mobility (Fixed v/s Mobile)
6.2.4. By Application (General Imaging, Obstetrics/Gynecology, Cardiology, Urology, Orthopedic & Musculoskeletal, Others)
6.2.5. By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Care Centers, Others)
6.2.6. By Region
6.2.7. By Company (2021)
6.3. Product Market Map
7. Vietnam Diagnostic Ultrasound System Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (2D Ultrasound, 3D & 4D Ultrasound, Doppler Ultrasound)
7.2.2. By Display Type
7.2.3. By Mobility
7.2.4. By Application
7.2.5. By End User
8. Vietnam Therapeutic Ultrasound System Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (High-Intensity Focused Ultrasound (HIFU) v/s Extracorporeal Shockwave Lithotripsy (ESWL))
8.2.2. By Display Type
8.2.3. By Mobility
8.2.4. By Application
8.2.5. By End User
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. Import-Export Analysis
13. Vietnam Economic Profile
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. AppTech Medical, Inc.
14.2.2. FUJIFILM VIETNAM Co., Ltd.
14.2.3. GE Healthcare Vietnam
14.2.4. Philips Vietnam
14.2.5. VIMEC Corporation
14.2.6. IDS Medical Systems Vietnam Ltd. (idsMED Vietnam)
14.2.7. Siemens Healthineers Vietnam
15. Strategic Recommendations
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