Press Release

Vietnam Medical Disposables Market to Grow with a CAGR of 6.95% through 2029

Increasing Prevalence of Infectious Diseases and Advancement in technology are expected to drive the Vietnam Medical Disposables Market growth in the forecast period, 2025-2029

 

According to TechSci Research report, “Vietnam Medical Disposables Market – By Region, Competition, Forecast & Opportunities, 2029F”, the Vietnam Medical Disposables Market stood at USD 954.09 million in 2023 and is anticipated to grow with a CAGR of 6.95% through 2029.

With rising incomes and heightened healthcare awareness, Vietnam witnesses a steady surge in healthcare expenditure. This increased allocation of resources, both by individuals and the government, amplifies the capacity to invest in medical disposables. These essential products play a critical role in upholding hygiene standards, curbing infections, and ensuring patient safety within healthcare facilities. Vietnam's demographic landscape is evolving, characterized not only by population growth but also by an aging populace. The escalating proportion of elderly individuals correlates with a surge in chronic diseases, heightened healthcare utilization rates, and amplified demand for medical services and products, including medical disposables. Consequently, as the population ages, there persists a sustained requirement for disposable medical supplies to facilitate the diagnosis, treatment, and management of various health conditions.

Despite strides in healthcare infrastructure and disease prevention initiatives, Vietnam grapples with persistent challenges posed by infectious diseases like tuberculosis, HIV/AIDS, and hepatitis. This continual threat accentuates the significance of stringent infection control measures within healthcare settings, propelling the demand for medical disposables such as gloves, masks, and sterile drapes. These disposables serve as vital safeguards against cross-contamination and the transmission of infections. The Vietnamese government has instituted rigorous regulations and standards governing the manufacture, importation, distribution, and utilization of medical disposables. Adherence to these regulatory frameworks is imperative to ensure the safety, quality, and efficacy of medical disposables in the market. As these regulatory standards evolve and become more stringent, manufacturers and suppliers are compelled to prioritize investments in product quality and regulatory compliance. This proactive approach drives market growth by fostering the production and distribution of compliant medical disposables, thereby enhancing overall healthcare standards and patient outcomes.

                                                                                             

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on " Vietnam Medical Disposables Market

 

The Vietnam Medical Disposables Market is segmented into product, raw material, end user, regional distribution, and company.

Based on raw material, the Plastic Resin segment has emerged as the predominant market leader, Plastic resins stand out in the manufacturing of medical disposables due to their remarkable versatility and flexibility. Manufacturers can mold them into a diverse array of shapes and sizes, catering precisely to the requirements of various disposable products, ranging from syringes and IV tubing to gloves and surgical drapes. This adaptability enables manufacturers to tailor medical disposables to the exact needs of healthcare professionals and patients, thereby propelling the adoption of plastic resin-based products in the market. Plastic resins offer a cost-effective solution compared to alternative raw materials like metals or natural fibers. Their relatively low production costs make them particularly appealing for manufacturing medical disposables, especially those requiring high-volume production. Furthermore, advancements in plastic processing technologies have bolstered cost efficiency, enabling manufacturers to produce medical disposables at competitive prices while upholding stringent quality standards.

Plastic resins can also be engineered to meet stringent sterility and safety requirements crucial for medical disposables. They can be infused with antimicrobial additives or coated with protective layers to bolster infection control and mitigate cross-contamination risks. Additionally, plastic resins boast excellent barrier properties, effectively shielding medical disposables from contaminants and preserving their integrity throughout storage and usage. These attributes render plastic resin-based medical disposables highly suitable for critical healthcare applications where sterility and safety are paramount concerns. Also, medical disposables crafted from plastic resins exhibit outstanding durability and performance characteristics. They demonstrate resilience against moisture, chemicals, and physical damage, ensuring the integrity of products throughout their lifecycle—from storage and transportation to actual use. Plastic resin-based disposables also offer superior flexibility and elasticity, delivering a comfortable and secure fit for users while maintaining structural integrity under diverse conditions. This blend of durability and performance positions plastic resin-based medical disposables as the preferred choice for healthcare professionals seeking reliable and long-lasting products.

 

Major companies operating in Vietnam Medical Disposables Market are:

  • Medline Industries, LP
  • Smith+Nephew
  • Bayer Vietnam Ltd
  • BD Vietnam
  • 3M Vietnam Company Limited

 

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“Vietnam Medical Disposables Market is poised for sustained growth driven by factors such as rising healthcare expenditure, an aging population, and increasing awareness of infection control measures. With a focus on innovation, regulatory compliance, and meeting the evolving needs of healthcare providers and patients, the market presents lucrative opportunities for manufacturers and suppliers of medical disposables. As Vietnam continues to invest in healthcare infrastructure and prioritize patient safety, the demand for high-quality, cost-effective medical disposables is expected to remain robust, positioning the market for continued expansion and development in the years to come”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Vietnam Medical Disposables Market, By Product (Disposable Masks, Hand Sanitizers, Wound Management Products, Drug Delivery Products, Diagnostic and Laboratory, Sterilization Supplies, Others), By Raw Material (Plastic Resin, Nonwoven Material, Rubber, Others), By End Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others), Competition Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Vietnam Medical Disposables 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 Medical Disposables Market.

 

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