Vietnam Health Sensors Market, By Product ; By Application ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Vietnam health sensors market is gaining traction because of the rapidly aging population, increase in medical tourism, the rise in chronic diseases, and growing awareness of personal health monitoring.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam health sensors market size at USD 13.61 million in 2022. During the forecast period between 2023 and 2029, Vietnam health sensors market size is projected to grow at an impressive CAGR of 18.25% reaching a value of USD 43.76 million by 2029. The rising prevalence of chronic diseases, the aging population receiving treatment, and technology innovations made by the manufacturers are all significant growth factors for Vietnam health sensors market. The market for health sensors in Vietnam is seeing lucrative growth opportunities as a result of the expanded usage of cutting-edge technologies like IoT and sensors as well as the growing need for remote patient monitoring following the COVID-19 pandemic.

Vietnam Health Sensors Market - Overview:

Health sensors measure physiological indicators, such as blood pressure, electrocardiograms, electromyograms, heart rates, body temperatures, electrodermal activity, arterial oxygen saturation, and respiration rates (RR). Medical gadgets in intensive care units, hospital wards, doctor's offices, lab equipment, dentist offices, and in-home care goods all employ health sensors. Home patient monitoring often includes sensors that are accurate, dependable, simple to integrate, and simple to interpret. The data they offer can facilitate remote monitoring of chronic conditions and help doctors better diagnose and treat patients.

Vietnam Health Sensors Market - By Application:

Based on application, Vietnam health sensors market is segmented into chronic illness & at-risk - monitoring, wellness monitoring, logistic tracking, in-hospital clinical monitoring, post-acute care monitoring, sensor therapeutics, and others. The chronic illness & at-risk - monitoring segment accounts for the highest market share. The use of health sensors by healthcare professionals allows monitoring of patients with chronic diseases who require routine monitoring to detect any changes in their health early, be reminded of self-care strategies, and ensure that their medications are performing as intended.

Impact of COVID-19 on the Vietnam Health Sensors Market

Following the COVID-19 pandemic, the market for health sensors in Vietnam saw brisk expansion. The market was originally hampered by a worldwide supply chain slowdown and a shortage of semiconductors production, which interfered with the production of health sensors and produced a sizable demand and supply imbalance in Vietnam. The demand for health sensors increased, though, as remote monitoring for chronic patients became more common and COVID-19 cases placed a heavy burden on the healthcare system. Following the pandemic, home care and telehealth have grown in popularity, and these trends are providing the Vietnam market for health sensors with excellent growth prospects.

Competitive Landscape:

Major players operating in Vietnam health sensors market include: Stryker Corporation Vietnam, Koninklijke Philips, Medtronic Plc., Honeywell International Inc., USM Healthcare Medical Devices Factory JSC, Medical Devices and Biomaterial Plant Joint Stock Company, Getz Healthcare (Vietnam), Omron Healthcare Vietnam, B. Braun Vietnam Co., Ltd., Hoya Lens Vietnam Ltd., Japan Vietnam Medical Instrument JSC, Armephaco Joint Stock Company, Terumo Vietnam Medical Equipment Co., Ltd, and GE Healthcare Vietnam. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Vietnam Health Sensors Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Vietnam Health Sensors Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23200

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Vietnam Health Sensors Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. The Rise in Aging Population
  - 3.2.1.2. Increase in Medical Tourism
  - 3.2.1.3. The Rise in Chronic Diseases
  - 3.2.1.4. Growing awareness of personal health monitoring
- 3.2.2. Restraints
  - 3.2.2.1. High Costs
  - 3.2.2.2. Privacy Concerns
  - 3.2.2.3. High cost of diagnostic tests
- 3.2.3. Opportunity
  - 3.2.3.1. Remote patient monitoring
  - 3.2.3.2. Home Healthcare
  - 3.2.3.3. Wearable Sensors
- 3.2.4. Challenges
  - 3.2.4.1. Regulatory challenges
  - 3.2.4.2. Integration with healthcare systems
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Vietnam Health Sensors Market Overview

4.1. Market Size & Forecast by Value, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Product
  - 4.2.1.1. Hand-held Diagnostic Sensors
  - 4.2.1.2. Wearable Sensors
  - 4.2.1.3. Ingestible /Implantable Sensors
- 4.2.2. By Application
  - 4.2.2.1. Chronic illness & At Risk - Monitoring
  - 4.2.2.2. Wellness Monitoring
  - 4.2.2.3. Logistic Tracking
  - 4.2.2.4. In Hospital Clinical Monitoring
  - 4.2.2.5. Post- Acute Care Monitoring
  - 4.2.2.6. Sensor Therapeutics
  - 4.2.2.7. Others
- 4.2.3. By Region
  - 4.2.3.1. Northern
  - 4.2.3.2. Central
  - 4.2.3.3. Southern

5. Northern Vietnam Health Sensors Market Overview

5.1. Market Size & Forecast by Value, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By Application

6. Central Vietnam Health Sensors Market Overview

6.1. Market Size & Forecast by Value, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Application

7. Southern Vietnam Health Sensors Market Overview

7.1. Market Size & Forecast by Value, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Application

8. Competitive Landscape

8.1. List of Key Players and Their Offerings
8.2. Vietnam Health Sensors Company Market Share Analysis, 2022
8.3. Competitive Benchmarking, By Operating Parameters
8.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, and others)

9. Impact of Covid-19 on Vietnam Health Sensors Market

10. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT analysis)

10.1. Stryker Corporation Vietnam
10.2. Koninklijke Philips
10.3. Medtronic Plc.
10.4. Honeywell International Inc.
10.5. USM Healthcare Medical Devices Factory JSC
10.6. Medical Devices and Biomaterial Plant Joint Stock Company
10.7. Getz Healthcare (Vietnam)
10.8. Omron Healthcare Vietnam
10.9. B. Braun Vietnam Co., Ltd.
10.10. Hoya Lens Vietnam Ltd.
10.11. Japan Vietnam Medical Instrument JSC
10.12. Armephaco Joint Stock Company
10.13. Terumo Vietnam Medical Equipment Co., Ltd
10.14. GE Healthcare Vietnam
10.15. Other Prominent Players

11. Key Strategic Recommendations

12. Research Methodology

12.1. Qualitative Research
- 12.1.1. Primary & Secondary Research
12.2. Quantitative Research
12.3. Market Breakdown & Data Triangulation
- 12.3.1. Secondary Research
- 12.3.2. Primary Research
12.4. Breakdown of Primary Research Respondents, By Region
12.5. Assumptions & Limitations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Product Code: BWC23200

List of Figures

Figure 1 Vietnam Health Sensors Market Segmentation
Figure 2 Vietnam Health Sensors Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Vietnam Health Sensors Market Size, By Value (USD Billion), 2019-2029
Figure 5 Vietnam Health Sensors Market Share, By Product, By Value, 2019-2029
Figure 6 Vietnam Health Sensors Market Share, By Application, By Value, 2019-2029
Figure 7 Vietnam Health Sensors Market Share, By Region, By Value, 2019-2029
Figure 8 Northern Vietnam Health Sensors Market Size, By Value (USD Billion), 2019-2029
Figure 9 Northern Vietnam Health Sensors Market Share, By Product, By Value, 2019-2029
Figure 10 Northern Vietnam Health Sensors Market Share, By Application, By Value, 2019-2029
Figure 11 Central Vietnam Health Sensors Market Size, By Value (USD Billion), 2019-2029
Figure 12 Central Vietnam Health Sensors Market Share, By Product, By Value, 2019-2029
Figure 13 Central Vietnam Health Sensors Market Share, By Application, By Value, 2019-2029
Figure 14 Southern Vietnam Health Sensors Market Size, By Value (USD Billion), 2019-2029
Figure 15 Southern Vietnam Health Sensors Market Share, By Product, By Value, 2019-2029
Figure 16 Southern Vietnam Health Sensors Market Share, By Application, By Value, 2019-2029

List of Tables

Table 1 Vietnam Health Sensors Market Size, By Product, By Value, 2019-2029
Table 2 Vietnam Health Sensors Market Size, By Application, By Value, 2019-2029
Table 3 Vietnam Health Sensors Market Size, By Region, By Value, 2019-2029
Table 4 Northern Vietnam Health Sensors Market Size, By Product, By Value, 2019-2029
Table 5 Northern Vietnam Health Sensors Market Size, By Application, By Value, 2019-2029
Table 6 Central Vietnam Health Sensors Market Size, By Product, By Value, 2019-2029
Table 7 Central Vietnam Health Sensors Market Size, By Application, By Value, 2019-2029
Table 8 Southern Vietnam Health Sensors Market Size, By Product, By Value, 2019-2029
Table 9 Southern Vietnam Health Sensors Market Size, By Application, By Value, 2019-2029
Table 10 Stryker Corporation Vietnam Company Overview
Table 11 Stryker Corporation Vietnam Financial Overview
Table 12 Koninklijke Philips Company Overview
Table 13 Koninklijke Philips Financial Overview
Table 14 Medtronic Plc. Company Overview
Table 15 Medtronic Plc. Financial Overview
Table 16 Honeywell International Inc. Company Overview
Table 17 Honeywell International Inc. Financial Overview
Table 18 USM Healthcare Medical Devices Factory JSC Company Overview
Table 19 USM Healthcare Medical Devices Factory JSC Financial Overview
Table 20 Medical Devices and Biomaterial Plant Joint Stock Company Company Overview
Table 21 Medical Devices and Biomaterial Plant Joint Stock Company Financial Overview
Table 22 Getz Healthcare (Vietnam) Company Overview
Table 23 Getz Healthcare (Vietnam) Financial Overview
Table 24 Omron Healthcare Vietnam Company Overview
Table 25 Omron Healthcare Vietnam Financial Overview
Table 26 B. Braun Vietnam Co., Ltd. Company Overview
Table 27 B. Braun Vietnam Co., Ltd. Financial Overview
Table 28 Hoya Lens Vietnam Ltd. Company Overview
Table 29 Hoya Lens Vietnam Ltd. Financial Overview
Table 30 Japan Vietnam Medical Instrument JSC Company Overview
Table 31 Japan Vietnam Medical Instrument JSC Financial Overview
Table 32 Armephaco Joint Stock Company Overview
Table 33 Armephaco Joint Stock Company Financial Overview
Table 34 Terumo Vietnam Medical Equipment Co., Ltd Company Overview
Table 35 Terumo Vietnam Medical Equipment Co., Ltd Financial Overview
Table 36 GE Healthcare Vietnam Company Overview
Table 37 GE Healthcare Vietnam Financial Overview

Vietnam Health Sensors Market, By Product ; By Application ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

Vietnam Health Sensors Market Size Booming at Robust CAGR of 18.3% during the Forecast Period.

Vietnam Health Sensors Market - Overview:

Vietnam Health Sensors Market - By Application:

Impact of COVID-19 on the Vietnam Health Sensors Market

Competitive Landscape:

Table of Contents

1. Research Framework

2. Executive Summary

3. Vietnam Health Sensors Market Insights

4. Vietnam Health Sensors Market Overview

5. Northern Vietnam Health Sensors Market Overview

6. Central Vietnam Health Sensors Market Overview

7. Southern Vietnam Health Sensors Market Overview

8. Competitive Landscape

9. Impact of Covid-19 on Vietnam Health Sensors Market

10. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT analysis)

11. Key Strategic Recommendations

12. Research Methodology

List of Figures

List of Tables