Vietnam Surgical Instruments Market to grow with a CAGR of 8.70% through 2030
Rising Prevalence of Chronic Diseases and Aging Population are the major drivers for the Vietnam Surgical Instruments Market growth during the forecast period, 2026-2030
According to TechSci Research report, “Vietnam Surgical Instruments Market - By Region, Competition, Opportunities and Forecast, 2030F”, Vietnam Surgical Instruments Market was valued at USD 194.40 Million in 2024 and is anticipated to witness an impressive growth in the forecast period with
a CAGR of 8.70% through 2026-2030.
The Vietnam Surgical Instruments Market is experiencing substantial growth, driven by a combination of demographic shifts, technological advancements, and evolving healthcare demands. One of the key factors fueling this expansion is the rising number of strategic collaborations and partnerships among leading medical device manufacturers. These alliances enable companies to leverage specialized expertise, enhance product innovation, and strengthen their competitive position in an increasingly sophisticated healthcare landscape. By pooling resources and technology, industry players can develop cutting-edge surgical instruments that cater to the evolving needs of healthcare providers and patients alike.
A major driver of market growth is Vietnam’s rapidly aging population, which is increasing the demand for surgical interventions across multiple medical fields. Older individuals are more prone to chronic illnesses and degenerative conditions, leading to a rise in orthopedic, cardiovascular, and ophthalmic surgeries. The prevalence of osteoarthritis and fractures has significantly boosted the demand for joint replacement tools and orthopedic surgical instruments, while the growing incidence of heart diseases in elderly patients has fueled the need for cardiovascular surgical equipment, including tools for bypass surgery and valve replacements. Similarly, ophthalmic procedures such as cataract surgeries are becoming more common, driving the demand for precision surgical instruments in eye care. As Vietnam transitions into an aged society by 2036, the need for advanced surgical tools will continue to grow, further propelling market expansion.
Technological integration is also transforming the surgical landscape, enhancing procedural efficiency and patient outcomes. Many healthcare providers are adopting digital solutions, including mobile applications, to offer pre-operative guidance, post-surgical care instructions, and procedure checklists. These digital advancements allow hospitals and surgical centers to optimize resource utilization, streamline workflow management, and improve patient engagement. Such innovations are particularly crucial in helping healthcare institutions recover financially from pandemic-related disruptions, restoring revenue levels to pre-COVID standards while ensuring seamless patient care.
At the same time, the surgical instruments industry is facing increasing pressure to adopt environmentally sustainable practices. With rising concerns about medical waste and environmental pollution, the demand for biodegradable surgical sutures and eco-friendly medical materials is growing. Traditional synthetic sutures contribute to waste accumulation, prompting a shift toward biodegradable alternatives that naturally break down over time, reducing their environmental impact. Moreover, hospitals and healthcare facilities are implementing stricter waste management protocols, ensuring proper disposal of used surgical tools and materials. Manufacturers are also focusing on energy-efficient production methods to minimize their carbon footprint, aligning with global efforts toward sustainable healthcare solutions.
As the Vietnam Surgical Instruments Market continues to expand, companies that prioritize innovation, digital transformation, and sustainability will gain a competitive edge. The convergence of an aging population, increasing surgical demand, technological advancements, and eco-friendly practices is shaping a dynamic and rapidly evolving market. By addressing both healthcare challenges and environmental concerns, surgical instrument manufacturers and healthcare providers can drive long-term growth while delivering high-quality, patient-centered care.
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Vietnam Surgical Instruments Market segmentation
is based on Type, End User, Regional distribution and Company.
Based on its end use, the Vietnam Surgical Instruments Market dominated by hospital & clinics segment and is predicted to continue expanding over the coming years. Hospitals and clinics are the primary settings for surgical procedures. They handle a vast number of surgeries daily, ranging from routine procedures like appendectomies and hernia repairs to complex surgeries such as cardiac surgeries and organ transplants. Each of these surgeries typically requires the use of surgical sutures for wound closure. Hospitals and clinics encompass a wide range of medical specialties, including general surgery, orthopaedics, gynaecology, neurosurgery, cardiovascular surgery, and more. Each specialty may require specific types of sutures tailored to the needs of the procedure. This diversity in medical specialties drives the demand for various types of surgical sutures. Advancements in surgical techniques and technology often occur first in hospital settings. These innovations can lead to the development of specialized sutures or the adoption of new suture materials, further driving demand within the hospital and clinic segment.
Based on Region, Northern Vietnam region to fastest growth in the Vietnam Surgical
Instruments Market. The region has experienced a significant increase in
surgical volumes due to a growing population, changing demographics, and an
increase in the prevalence of chronic diseases. This has resulted in a higher
demand for surgical sutures across various medical specialties. The economic
growth and rising disposable incomes in several cities have led to increased
access to healthcare services. Patients are more likely to seek surgical
treatments when necessary, contributing to higher surgical procedure rates. Some
cities in the central Vietnam region have become popular destinations for
medical tourism. Patients from other countries travel to this region for
high-quality and cost-effective healthcare services, including surgeries. This
trend further fuels the demand for surgical sutures.
Some of the major companies operating in the Vietnam Surgical Instruments Market include:
- Medtronic Vietnam
- Johnson & Johnson Vietnam
- Fujifilm Vietnam Co, Ltd.
- B.Braun Vietnam Co., Ltd.
- Olympus Vietnam
- Mindray Vietnam
- KARL STORZ SE & Co. KG
- Sun Technology JSC
- Stryker Vietnam
- Smith & Nephew Vietnam
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“Certain areas, particularly in Central
Vietnam, are projected to exert significant demand for Surgical instruments to
perform surgeries. The growth in the competitive landscape and the presence of
well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the Vietnam Surgical Instruments Market in the forecast period,"
said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based Global management consulting firm.
"Vietnam Surgical Instruments Market By Type (Surgical Staplers, Handheld Instruments, Surgical Scopes, Electrosurgical Devices, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region, Competition, Forecast & Opportunities 2020-2030F", evaluated the future growth potential of
Vietnam Surgical Instruments Market and provides statistics & information
on market size, structure, and future market growth. The report intends to
provide innovative market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in Vietnam
Surgical Instruments Market.
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