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Vietnam Healthcare (Pharma and Medical Devices) Market Analysis, Regulatory, Reimbursement and Competitive Landscape

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    Report

  • 149 Pages
  • March 2022
  • Region: Vietnam
  • GlobalData
  • ID: 5572984
The publisher, the industry analysis specialist, has released its latest report: “Vietnam Healthcare (Pharma and Medical Devices) Market Analysis, Regulatory, Reimbursement and Competitive Landscape”. The report is an essential source of information on analysis of the healthcare, regulatory and reimbursement landscape in Vietnam. It identifies the key trends in the country’s healthcare market and provides insights into its demographic, regulatory and reimbursement landscape, and healthcare infrastructure. Most importantly, the report provides valuable insights into the trends and segmentation of its pharmaceutical and medical device markets. It uses data and information sourced from proprietary databases, secondary research, and in-house analysis by the publisher's team of industry experts.

The Vietnamese healthcare market offers significant potential for growth due to the increasing elderly population, increasing affordability, and steady economic growth. The 13th National Party Congress approved the 10-year socioeconomic development strategy for 2021-30, defining the goals of accelerating pharmaceutical companies' drug development and manufacturing capabilities, producing high-quality medical instruments, and facilitating research and development (R&D) to produce vaccines and patented drugs by 2030. Vietnam's pharmaceutical market, based on production value, was worth $2.7 billion in 2015, which increased at a CAGR of 10% to $3.6 billion in 2018 in terms of US dollars. The market value is expected to grow further and is forecast to reach $8 billion by 2026. The medical device market of Vietnam is expected to reach $1.8 billion in 2022 from 2017 at a CAGR of 9.6%. In 2019, the medical device market of Vietnam generated revenue of $1.4 billion and became the ninth-largest market in the Asia-Pacific region.

Scope


The report provides information on the healthcare, regulatory, and reimbursement landscape in Vietnam, and includes -
  • An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers
  • Profiles and SWOT analyses of the major players in the pharmaceutical market: Roche, Novartis, GlaxoSmithKline (GSK), Pfizer, and Sanofi
  • Profiles and SWOT analyses of the major players in the medical device market: GE Healthcare, Stryker, B Braun, Terumo, and Getinge
  • An insightful review of the COVID-19 epidemiology, COVID-19 impact and developments in healthcare market, HealthTech landscape, reimbursement and regulatory landscape, with analysis covering details of the country’s healthcare reimbursement process, regulatory agencies and the approval processes for new drugs and medical devices
  • Detailed analysis of the country’s healthcare policy highlights, demographics, healthcare infrastructure and healthcare expenditure
  • An overview of the opportunities for and challenges to growth in the Vietnamese healthcare market

Reasons to Buy


This report will enhance your decision-making capability by allowing you to -
  • Develop business strategies by understanding the trends shaping and driving the Vietnamese healthcare market
  • Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments and companies likely to impact the Vietnamese healthcare market in the future
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing competitors’ performance
  • Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment and strategic partnership

Table of Contents

1. Table of Contents
1.1 List of Figures
1.2 List of Tables
2. Executive Summary
2.1 Executive Summary
2.2 Key Highlights: Facts about the Vietnamese Healthcare Market
2.3 Key Highlights: Healthcare Startups in Vietnam
2.4 Key Events: Vietnamese Healthcare Timeline, 2015-21
2.5 Key Events: Vietnam Pharmaceutical Market
2.6 Key Events: M&As, VC & PE Deals, Global Pharmaceutical Market, 2020-21
2.7 Key Events: Mergers and Acquisitions
2.8 Country Profile, Vietnam, 2021
3. Overview of Pharmaceutical Market
3.1 Pharmaceutical Market - Overview
3.2 Pharmaceutical Market - Exports
3.3 Pharmaceutical Market - Imports
3.4 Pharmaceutical Market - Supply Channels, Vietnam
3.5 Pharmaceutical Market - Market Segments
3.6 COVID-19 Epidemiology, Vietnam
3.7 COVID-19 Impact and Developments in the Healthcare Market, Vietnam
3.8 COVID-19 Clinical Trials Landscape, Vietnam
3.9 Pharmaceutical Market - Major Players
4. Overview of Medical Devices Market
4.1 Medical Device Market - Overview
4.2 Medical Devices Market - Major Players
5. Pharmaceutical and Medical Devices Market - Drivers and Barriers
5.1 Drivers
5.2 Barriers
6. Deal Analysis
6.1 Deal Analysis: Pharmaceutical Market, Vietnam, 2018-21
6.2 Deal Analysis: Medical Device Market, Vietnam, 2018-21
7. HealthTech Landscape
7.1 HealthTech Landscape, Vietnam
7.2 HealthTech Deals Landscape, Vietnam
7.3 Key HealthTech Deals, Vietnam
7.4 Adoption of Technology in Healthcare, Vietnam
7.5 Digital Regulations, Vietnam
7.6 HealthTech Landscape: Benefits and Risks, Vietnam
8. Market Access
8.1 Overview of Healthcare System, Vietnam
8.2 Reimbursement Process, Vietnam
8.3 Overview of Insurance Providers, Public Insurance, Vietnam
8.4 Overview of Insurance Providers, Private Insurance, Vietnam
8.5 Healthcare Spending and Prescription Drug Price Trend, Vietnam
8.6 Pricing Policies, Vietnam
8.7 Market Access: Key Events Timeline, Vietnam, 2010-21
8.8 Regulatory Landscape, Vietnam
8.8.1 Marketing Authorization for Pharmaceutical Products, Vietnam
8.8.2 Marketing Authorization for Medical Devices, Vietnam
8.8.3 Intellectual Property Rights, Patent, Vietnam
8.8.4 Intellectual Property Rights, Trademark, Vietnam
8.8.5 Clinical Trial Regulation Process, Vietnam
8.8.6 Pharmaceutical Clinical Trials Landscape, Vietnam
8.8.7 Medical Device Clinical Trials Landscape, Vietnam
8.8.8 Pharmaceutical Manufacturing and Licensing, Vietnam
8.8.9 Pharmaceutical Export and Import, Vietnam
8.8.10 Pharmaceutical Advertising Regulations, Vietnam
8.8.11 Pharmacy Regulations, Vietnam
8.8.12 Labeling and Packaging Regulations, Vietnam
9. Country Healthcare Landscape
9.1 Vietnam Healthcare Policy Highlights
9.2 Healthcare Facilities, Vietnam
9.3 Healthcare Parameters, Vietnam
9.4 Life Expectancy and Immunization Rate, Vietnam
9.5 Environmental Health, Vietnam
9.6 Healthcare Personnel, Vietnam
9.7 Disease Burden, Vietnam
9.8 Healthcare Expenditure, Vietnam
10 Trade Associations, Vietnam11 Trade Fairs, Vietnam12 Opportunities and Challenges
13 Appendix
13.1 Research Methodology
13.1.1 Coverage
13.1.2 Secondary Research
13.1.3 Forecasts
13.2 Bibliography
13.3 About the Publisher
13.4 Contact the Publisher
13.5 Disclaimer
List of Tables
Table 1: COVID-19 indicators (number of cases), Global and Vietnam, 2022
Table 2: COVID-19-related travel restrictions, Vietnam, 2020-22
Table 3: Available COVID-19 IVD products, Vietnam, 2021-22
Table 4: Pipeline COVID-19 IVD products, Vietnam, 2021-22
Table 5: COVID-19 approved vaccines, Vietnam, 2022
Table 6: COVID-19 vaccines trials, Vietnam, 2022
Table 7: List of digital health applications for COVID-19 management, Vietnam, 2022
Table 8: Difference between compulsory social insurance and voluntary social insurance, Vietnam, 2022
Table 9: Size and growth of Vietnam's insurance market during 2015-19, Vietnam, 2021
Table 10: Fees for filing of patent, Vietnam, 2022
Table 11: Trademark fees, Vietnam, 2022
Table 12: Packaging of medicines, Vietnam, 2022
Table 13: Trade fairs, Vietnam, 2022
List of Figures
Figure 1: Pharmaceutical market, revenue ($B), Vietnam, 2015-21
Figure 2: Medical devices market, revenue ($B), Vietnam, 2017-22
Figure 3: Healthcare start-ups in Vietnam, 2022
Figure 4: Country profile, Vietnam, 2021
Figure 5: Pharmaceutical market, revenue ($B), Vietnam, 2015-21
Figure 6: Pharmaceutical market, revenue forecast ($B), Vietnam, 2022-26
Figure 7: Pharmaceutical exports ($M), Vietnam, 2013-20
Figure 8: Top export partners, Vietnam, 2020
Figure 9: Pharmaceutical imports ($B), Vietnam, 2013-20
Figure 10: Top import partners, Vietnam, 2020
Figure 11: Pharmaceutical supply chain, Vietnam, 2022
Figure 12: COVID-19 cases, Vietnam, 2020-22
Figure 13: COVID-19 deaths, Vietnam, 2020-22
Figure 14: COVID-19 stringency index, Vietnam, 2020-22
Figure 15: COVID-19 containment and health index, Vietnam, 2020-22
Figure 16: COVID-19 fiscal stimulus timeline, Vietnam, 2020-22
Figure 17: COVID-19 vaccine doses administration, number of vaccine doses administered, Vietnam, 2022
Figure 18: Prioritized people for vaccination, Vietnam, 2022
Figure 19: Classification of COVID-19 cases, Vietnam, 2022
Figure 20: COVID-19 clinical trials count by trial status, Vietnam, 2021-22
Figure 21: COVID-19 clinical trials count by trial phase, Vietnam, 2021-22
Figure 22: Top COVID-19 clinical trials sponsors by trial count, Vietnam, 2021-22
Figure 23: Medical devices market, revenue ($B), Vietnam, 2017-22
Figure 24: Medical devices market, revenue ($B) of major companies, Vietnam, 2020
Figure 25: Deal value and deal count, pharmaceutical market, Vietnam, 2018-21
Figure 26: Deal value and deal count subtypes, pharmaceutical market, Vietnam, 2018-21
Figure 27: Deal value and deal count, quarterly, pharmaceutical market, Vietnam, 2018-21
Figure 28: Top therapy areas by deal value ($M), pharmaceutical market, Vietnam, 2018-21
Figure 29: Top therapy areas by deal count, pharmaceutical market, Vietnam, 2018-21
Figure 30: M&A deals by quarter, pharmaceutical market, Vietnam, 2018-21 (by value and by number)
Figure 31: PE deals by quarter, pharmaceutical market, Vietnam, 2018-21 (by value and by number)
Figure 32: Deal value and deal count, medical devices market, Vietnam, 2018-21
Figure 33: Deal value and deal count subtypes, medical devices market, Vietnam, 2018-21
Figure 34: Deal value and deal count, quarterly, medical devices market, Vietnam, 2018-21
Figure 35: Top equipment sectors by deal value ($M), medical devices market, Vietnam, 2018-21
Figure 36: Top equipment sectors by deal count, medical devices market, Vietnam, 2018-21
Figure 37: M&A deals by quarter, medical devices market, Vietnam, 2018-21 (by value and by number)
Figure 38: PE deals by quarter, medical devices market, Vietnam, 2018-21 (by value and by number)
Figure 39: Digital interventions recommended by WHO, Vietnam, 2022
Figure 40: Deal value ($M) and deal count, HealthTech, Vietnam, 2017-21
Figure 41: Deal value and deal count by sector, HealthTech, Vietnam, 2017-21
Figure 42: Organization of healthcare system, Vietnam, 2022
Figure 43: Structure of health insurance system, Vietnam, 2022
Figure 44: Benefit fields of VSS, Vietnam, 2022
Figure 45: OOP expenditure (% of total expenditure on health), Vietnam, 2013-21
Figure 46: Change in price trend in the healthcare sector (medicines and medical Services) (in %), Vietnam, 2017-19
Figure 47: Organization of MOH, Vietnam, 2021
Figure 48: Procedure of marketing authorization of new pharmaceutical drugs, Vietnam, 2022
Figure 49: Procedure for declaration of applied standards of Class-A or Class-B medical device, Vietnam, 2022
Figure 50: Application process for Class C and Class D medical devices, Vietnam, 2022
Figure 51: Patent approval process, Vietnam, 2022
Figure 52: Trademark approval process, Vietnam, 2022
Figure 53: Pharmaceutical clinical trials count by trial status, Vietnam, 2020-22
Figure 54: Pharmaceutical clinical trials count by indication, Vietnam, 2020-22
Figure 55: Pharmaceutical clinical trials count by phase, Vietnam, 2020-22
Figure 56: Top five pharmaceutical clinical trials sponsors by count, Vietnam, 2020-22
Figure 57: Medical devices clinical trials count by trial status, Vietnam, 2020-22
Figure 58: Medical devices clinical trials count by device category, Vietnam, 2020-22
Figure 59: Medical devices clinical trials count by indication, Vietnam, 2020-22
Figure 60: Top five medical devices clinical trials sponsors by count, Vietnam, 2020-22
Figure 61: Process of setting up a drug manufacturing company, Vietnam, 2022
Figure 62: Process of issuing import license for medical devices, Vietnam, 2022
Figure 63: Fine and charges on violation of pharmaceutical advertising law, Vietnam, 2022
Figure 64: Outer packaging label contents, Vietnam, 2022
Figure 65: Outer packaging label of medicinal ingredients, Vietnam, 2022
Figure 66: Number of hospitals, Vietnam, 2013-21
Figure 67: Number of regional polyclinics, Vietnam, 2013-21
Figure 68: Hospital beds, (per 1,000), Vietnam, 2013-21
Figure 69: Hospital beds in different healthcare facilities (in 1,000), Vietnam, 2013-21
Figure 70: Life expectancy at birth (years), Vietnam, 2013-21
Figure 71: Immunization rate (%), Vietnam, 2013-21
Figure 72: PM2.5 (µg per m3), Vietnam, 2013-21
Figure 73: CO2 emissions (metric tons per capita), Vietnam, 2013-21
Figure 74: Doctors (per 1,000 population), Vietnam, 2013-21
Figure 75: Nurses (per 1,000 population), Vietnam, 2013-21
Figure 76: Pharmacists (per 1,000 population), Vietnam, 2013-21
Figure 77: Midwives (per 1,000 population), Vietnam, 2013-21
Figure 78: Major causes of mortality (per 100,000 population), Vietnam, 2019
Figure 79: Major causes of male mortality (per 100,000 population), Vietnam, 2019
Figure 80: Major causes of female mortality (per 100,000 population), Vietnam, 2019
Figure 81: DALYs by major disease (per 100,000 population), Vietnam, 2019
Figure 82: Healthcare expenditure as percentage of GDP (%), Vietnam, 2013-21
Figure 83: Health expenditure share (% of total health spending), Vietnam, 2013-21