Vietnam Ultrasound Systems Market to Grow with Advancing Technology until 2027
Technological advancements in
medical sector are driving the growth of the Vietnam Ultrasound systems Market,
in the forecast period, 2023-2027F.
According to TechSci report on, “Vietnam
Ultrasound
systems Market - By Region, Competition
Forecast & Opportunities, 2027”,
Vietnam ultrasound systems market is anticipated to grow with an impressive
CAGR in the forecast period, 2023-2027 on the account of increasing fertility
rate in the country. Growing population of the country and increasing instances
of new child birth is further driving the growth of the Vietnam ultrasound
systems market in the upcoming five years.
Moreover, expanding healthcare industry in the
country has in return supported increased investment in the healthcare
infrastructure. Government support toward the healthcare sector, through
favorable schemes, and financial aids and inviting international bodies for
investment in the healthcare industry is further anticipated to support the
growth of the Vietnam ultrasound systems market in the next five years.
Also, increasing research and development of medical
devices like ultrasound systems and other diagnostic imaging equipment is
further substantiating the growth of the Vietnam ultrasound systems market in
the future five years. Increasing instances of gastrointestinal diseases, and
surging demand for early diagnosis and therapeutic research practices are also
supporting the growth of the Vietnam ultrasound systems market in the forecast
years.
Other factors driving the market growth may include
growing geriatric population of the country that is highly susceptible to
gastrointestinal disorders. Increasing instances of ulcers, stomach disorders,
and cancer instances are also driving the growth of the demand for the early
diagnosis of the diseases such that timely and accurate treatment can be
provided to the patient and thus driving the growth of the Vietnam ultrasound
systems market in the forecast period.
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The Vietnam ultrasound systems market is
segmented by 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. Diagnostic
ultrasound is anticipated to hold the largest revenue shares of the market and
dominate the market segment in the upcoming five years on the account of
increasing instances of gastrointestinal diseases and increasing new child
birth in the country.
Diagnostic
ultrasound is of three types, 2D ultrasound, 3D & 4D ultrasound, doppler
ultrasound. 2D ultrasound images are a picture images of the fetus analyzed
during the regular checkups of the pregnancy. This kind of ultrasound process
simply provides the image of the fetus on a two-plane surface. 3D and 4 D
ultrasounds are usually not advised due to higher concentration of sound waves
that may hinder with the fetus growth in the further times.
Thus,
2 D ultrasound is anticipated to lead the segment in the upcoming five years. Therapeutic
ultrasound is of High-Intensity Focused Ultrasound (HIFU) v/s Extracorporeal
Shockwave Lithotripsy (ESWL) types. Therapeutic ultrasound is also anticipated
to show significant growth in the future five years. The therapeutic ultrasound
is majorly used in relation to the tissue healing.
The
ultrasound process provides deep heating to the soft tissues thus increasing
blood circulations in the tissues. High intensity focused ultrasound (HIFU) is
a non-invasive therapeutic technique that uses non-ionizing ultrasonic waves to
heat or ablate tissue, whereas extracorporeal shockwave lithotripsy (ESWL) is
mostly used for the treatment for kidney stones.
On
the basis of application, the market segment is bifurcated into general
imaging, obstetrics/gynecology, cardiology, urology, orthopedic &
musculoskeletal, and others. Obstetrics/ gynecology sub-segment is anticipated
to hold the largest revenue shares of the market and dominate the market
segment on the account of increasing fertility rate of the country, and rapidly
increasing instances of gastrointestinal diseases like kidney stones.
A partial list of major market players of the Vietnam
ultrasound systems market includes:
·
AppTech Medical, Inc.
·
FUJIFILM VIETNAM Co., Ltd.
·
GE Healthcare Vietnam
·
Philips Vietnam
·
VIMEC Corporation
·
IDS Medical Systems Vietnam Ltd. (idsMED Vietnam)
·
Siemens Healthineers Vietnam
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“Hospitals & clinics
are anticipated to hold the largest revenue shares of the market due to
increasing demand for the early diagnosis of the gastrointestinal diseases and
increasing population of the country. Increasing patient burden is also
responsible for the growth of the segment in the upcoming five years. Moreover,
regular patient visits when they are suffering from chronic conditions, or
pregnant females are also aiding to the growth of the sub segment along with
the growth of the Vietnam ultrasound systems market in the next five years.
Diagnostic centers are also anticipated to hold significant shares due to
surging demands for decreasing the patient burden on the hospitals. New market
players may invest financially in technological advancement and modern product
manufacturing to support their brand establishment,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“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” has evaluated the future
growth potential of Vietnam ultrasound systems market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge 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 ultrasound systems market.
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