Vietnam Ultrasound Systems Market, By Region, Competition, Forecast & Opportunities, 2020-2030F

The Vietnam Ultrasound Systems Market was valued at USD 88.12 Million in 2024, and is expected to reach USD 140.93 Million by 2030, rising at a CAGR of 8.10%. As one of the fastest-growing markets in the ASEAN region, Vietnam is witnessing a rapid expansion in ultrasound adoption, driven by robust economic development and continuous advancements in healthcare technology.

A major growth catalyst is the integration of artificial intelligence (AI) into ultrasound diagnostics, significantly enhancing imaging accuracy and operational efficiency. This shift is accelerating adoption, particularly in urban healthcare facilities where there is a growing demand for high-precision diagnostic tools.

The market's momentum is further supported by rising healthcare needs and substantial investments in medical infrastructure. However, challenges such as the high costs of advanced imaging equipment and a shortage of skilled ultrasound technicians may impede broader adoption. Addressing these challenges through affordable technology solutions and targeted workforce development initiatives will be crucial to sustaining growth and expanding access to advanced diagnostic care across Vietnam.

Key Market Drivers

Increasing Prevalence of Chronic and Lifestyle-Related Diseases

The rising incidence of chronic and lifestyle-related diseases in Vietnam is a key driver for the ultrasound systems market. Conditions such as cardiovascular disease, cancer, diabetes, and hypertension have emerged as major public health concerns. According to the World Health Organization (WHO), non-communicable diseases (NCDs) account for 81% of total deaths in the country.

As the burden of diseases such as liver disorders, diabetes, and cancer continues to grow, the demand for ultrasound imaging - an efficient, non-invasive, and cost-effective diagnostic tool - is rising across hospitals, specialty clinics, and diagnostic centers. The increased focus on early detection and ongoing disease monitoring is accelerating the deployment of ultrasound systems nationwide.

Cardiovascular diseases (CVDs) remain a leading cause of death, accounting for approximately 31% of total fatalities. Urbanization, increased obesity rates, high salt intake, and rising tobacco and alcohol consumption have contributed to a surge in hypertension, stroke, and heart failure. Echocardiography, or cardiac ultrasound, has become a critical diagnostic modality, offering real-time insights into heart function, valve disorders, and blood flow.

The growing demand for portable and high-resolution ultrasound systems in emergency and outpatient cardiology settings is further supported by government-led cardiovascular screening initiatives, which are fueling investments in advanced echocardiography technologies.

Key Market Challenges

High Cost of Advanced Ultrasound Systems and Budgetary Constraints in Public Healthcare

A key obstacle to market expansion is the high acquisition and maintenance cost of advanced ultrasound systems. Despite improvements in Vietnam’s healthcare infrastructure, budget limitations - especially in public hospitals - restrict access to state-of-the-art ultrasound technologies.

Premium systems equipped with AI capabilities, elastography, and other advanced functionalities represent a substantial investment. Many public healthcare institutions and smaller clinics lack the financial capacity to procure these technologies, often relying on outdated or entry-level equipment that falls short of modern diagnostic standards.

Government healthcare budgets are frequently stretched across competing priorities, including infrastructure development, disease prevention programs, and staff training. Consequently, funding for high-end diagnostic imaging systems is often deprioritized. Additionally, Vietnam's heavy reliance on imported systems from global manufacturers such as GE Healthcare, Philips, Siemens Healthineers, and Canon Medical Systems leads to increased costs due to import tariffs, distribution fees, and currency fluctuations.

To overcome these financial barriers, strategies such as public-private partnerships (PPPs), equipment leasing models, and subsidized financing schemes could be deployed to enhance the affordability and accessibility of advanced ultrasound technologies across the healthcare spectrum.

Key Market Trends

Adoption of Artificial Intelligence in Ultrasound Imaging

Artificial intelligence is transforming ultrasound diagnostics by improving image clarity, reducing operator dependency, and streamlining clinical workflows. In Vietnam - where there is a shortage of trained sonographers - AI-enabled ultrasound systems are helping to bridge the expertise gap while enhancing diagnostic accuracy.

These AI-powered systems use deep learning algorithms to assist clinicians in real-time, automatically identifying abnormalities, highlighting key findings, and offering diagnostic suggestions. This reduces the likelihood of human error and ensures more consistent results. For example, AI-assisted breast ultrasound has proven particularly effective in early-stage cancer detection, a vital development in light of the country’s increasing cancer incidence.

Large public hospitals often experience diagnostic bottlenecks due to high patient volumes. AI-enhanced systems optimize workflows by automating image acquisition, performing measurement calculations, and generating reports, thus enabling providers to manage more cases efficiently.

Additionally, AI is being integrated with patient data to generate predictive models for disease progression. In obstetrics, for instance, AI-assisted fetal monitoring via ultrasound has improved early detection of complications, resulting in better pregnancy outcomes.

As AI adoption gains momentum, Vietnamese healthcare providers are investing in intelligent ultrasound solutions to elevate diagnostic precision and operational effectiveness. Equipment manufacturers are also adapting AI technologies to suit Vietnam’s unique healthcare demands and population characteristics.

Key Market Players

• AppTech Medical, Inc.
• FUJIFILM VIETNAM Co., Ltd.
• GE Healthcare Vietnam
• Philips Vietnam
• VIMEC Corporation
• IDS Medical Systems Vietnam Ltd. (idsMED Vietnam)
• Siemens Healthineers Vietnam

Report Scope:

In this report, the Vietnam Ultrasound Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Vietnam Ultrasound Systems Market, By Technology:

• Diagnostic Ultrasound
• Therapeutic Ultrasound

Vietnam Ultrasound Systems Market, By Display Type:

• Black & White
• Colored

Vietnam Ultrasound Systems Market, By Mobility:

• Fixed
• Mobile

Vietnam Ultrasound Systems Market, By Application:

• General Imaging
• Obstetrics/Gynecology
• Cardiology
• Urology
• Orthopedic & Musculoskeletal
• Others

Vietnam Ultrasound Systems Market, By End User:

• Hospitals & Clinics
• Diagnostic Centers
• Ambulatory Care Centers
• Others

Vietnam Ultrasound Systems Market, By Region:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Vietnam Ultrasound Systems Market.

Available Customizations:

With the given market data, the publisher 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).

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