Vietnam Clinics Market, By Type (General Clinics, Polyclinics), By Therapy Area (Gynaecology & Obstetrics, General & Sports Physiotherapy, Dermatology, Psychiatry, Orthopedics, Dentistry, Others), By Services (Diagnostic, Consultation, Treatment, Immunization, Pharmacies, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F

Market Overview

Vietnam Clinics Market was valued at USD 1.25 Billion in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 9.85% through 2030. Vietnam’s clinic market is undergoing rapid expansion, fueled by rising healthcare demand, increased private-sector investment, and a surge in medical tourism. The sector is benefiting from a growing middle class, accelerated urbanization, and shifting patient preferences, which are driving significant structural transformation. As a result, Vietnam is emerging as a critical hub for outpatient medical services in Southeast Asia.

The market is set on a strong growth trajectory, underpinned by higher disposable incomes, government-led healthcare reforms, and rising demand for specialized treatments. Despite regulatory hurdles and workforce shortages, the industry is evolving with digital health integration, expanded private-sector participation, and the development of advanced specialty clinics.

Southern Vietnam, particularly Ho Chi Minh City and surrounding provinces, remains the epicenter of private healthcare expansion, attracting domestic and international investments. As the sector continues to scale, clinics are focusing on enhancing service quality, integrating advanced medical technology, and expanding accessibility, making Vietnam a competitive destination for both local and international patients seeking premium healthcare solutions.

Key Market Drivers

Growing Urbanization and Changing Demographics

Vietnam’s rapid urbanization and evolving demographic landscape are playing a crucial role in driving the expansion of the country’s clinics market. In 2022, Vietnam's urban population reached 37.4 million, accounting for 37.55% of the total population. Despite ongoing urban development, the country’s urbanization rate remains relatively low compared to neighboring Asian nations. These factors are reshaping healthcare demand patterns, creating opportunities for both domestic and international healthcare providers to establish and expand clinical services. The following key aspects illustrate how urbanization and demographic shifts are influencing the growth of clinics across Vietnam. Vietnam is experiencing a rapid shift from a predominantly rural population to an increasingly urbanized society. Major cities such as Ho Chi Minh City, Hanoi, Da Nang, and Hai Phong are witnessing a surge in population due to rural-to-urban migration. This trend is being driven by industrialization, job opportunities, and improved living standards in urban centers. As of 2021, Vietnam had 868 urban areas, categorized as follows: 2 special-grade urban centers, 22 first-tier cities, 33 second-tier cities, 47 third-tier cities, 90 fourth-tier towns, and 674 fifth-tier settlements. As a result, the concentration of people in urban areas has led to greater demand for accessible, high-quality, and specialized healthcare services. The public healthcare system in urban centers is often overburdened, leading to long wait times at government hospitals. This has encouraged the growth of private clinics that offer convenience, shorter waiting times, personalized treatment, and advanced medical technologies to cater to the urban population’s healthcare needs.

Vietnam’s economic growth has resulted in a growing middle class with higher disposable incomes, leading to an increased willingness to spend on premium healthcare services. Vietnam’s middle class represents 13% of the total population, approximately 97 million people, and is projected to double by 2026, driving increased consumer spending and demand for premium services. The urban middle-class population is more health-conscious and actively seeks preventive care, specialized medical treatments, and wellness services, driving the demand for private clinics. The preference for high-quality healthcare and personalized medical experiences is pushing the expansion of modern, well-equipped clinics offering services such as dermatology, dental care, physiotherapy, fertility treatments, and general medical consultations. Vietnam’s aging population is another critical factor fueling the growth of clinics. Vietnam has the third-highest proportion of elderly citizens in ASEAN, following Singapore and Thailand. By 2035, seniors will comprise nearly 20% of the population, making Vietnam one of the three fastest-aging nations in the region. Geriatric care and chronic disease management clinics are witnessing increased demand due to the rising number of elderly individuals requiring long-term medical care, rehabilitation, and specialized treatments for conditions such as diabetes, hypertension, and cardiovascular diseases. Urban clinics are expanding their services to include home healthcare, telemedicine consultations, and personalized treatment plans to cater to this demographic shift.

Rising Medical Tourism

Vietnam is emerging as a competitive destination for medical tourism, attracting both regional and international patients seeking high-quality yet cost-effective healthcare. This surge in medical tourism is a significant driver of growth for the country’s clinics market, fueling investments in specialized medical services, infrastructure, and advanced treatment technologies. In the past two years, Vietnam has emerged as a leading destination for health check-ups (48%), dental treatments (39%), and general medical consultations (38%). This upward trend shows no signs of slowing, with 87% of foreign patients planning to return for medical services within the next 6 to 12 months. Demand remains particularly strong for dental care (59%) and routine health screenings (58%), reinforcing Vietnam’s growing reputation in the global healthcare market. Vietnam offers world-class medical treatments at a fraction of the cost compared to countries like Thailand, Singapore, and South Korea. This cost-effectiveness is a major draw for medical tourists, particularly from neighboring countries such as Cambodia, Laos, and China, as well as expatriates from Europe, Australia, and North America. Lower procedural costs for treatments such as dental care, cosmetic surgery, fertility treatments, and orthopedics make Vietnam a preferred destination for cost-conscious medical travelers. Many private clinics are capitalizing on this trend by offering bundled medical tourism packages, including consultations, treatment, post-care, and travel assistance.

The rising influx of medical tourists has encouraged significant investment in modern, internationally accredited private clinics that cater specifically to foreign patients. Many clinics are partnering with renowned international healthcare organizations to adopt best practices and gain accreditation from global bodies like JCI (Joint Commission International). Clinics specializing in cosmetic surgery, dentistry, dermatology, and fertility treatments are experiencing rapid expansion, given their high demand among medical tourists. Vietnam has become a leading destination for dental tourism, attracting thousands of foreign patients each year for dental implants, veneers, and orthodontic procedures at highly competitive rates. Private dental clinics in cities like Ho Chi Minh City, Hanoi, and Da Nang are investing in state-of-the-art equipment and internationally trained dentists to meet global patient expectations. The rising demand for aesthetic and wellness treatments is also fueling the growth of dermatology and cosmetic clinics, offering procedures such as laser skin treatments, anti-aging therapies, and minimally invasive plastic surgeries.

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Key Market Challenges

Regulatory and Licensing Constraints

Vietnam’s healthcare sector is governed by strict regulations and bureaucratic licensing procedures, which pose significant challenges for both domestic and foreign clinic operators. Setting up a new clinic or expanding an existing one requires multiple approvals from various government agencies, often leading to delays. Foreign investors face additional challenges due to unclear legal frameworks governing foreign ownership in the private healthcare sector. Inconsistent enforcement of regulations across different provinces creates operational uncertainty, making it difficult for clinics to standardize services.

Frequent policy shifts and updates to medical regulations require clinics to constantly adapt, increasing operational complexity. Compliance with import regulations for medical equipment is particularly challenging, as high tariffs and lengthy approval processes delay the adoption of advanced medical technologies. Limited clarity in insurance reimbursement policies makes it difficult for private clinics to attract insured patients, reducing their potential market reach.

Restricts foreign investment and limits the entry of international healthcare providers. Increases the cost and time required to establish and expand private clinics. Creates barriers to innovation, as clinics struggle to integrate new medical technologies due to compliance hurdles.

Shortage of Skilled Healthcare Professionals

Vietnam’s clinics market is heavily impacted by a shortage of trained medical professionals, particularly in specialized fields such as cardiology, oncology, and advanced diagnostics. While demand for specialized medical services is rising, the number of qualified doctors and specialists remains limited. Many experienced Vietnamese medical professionals prefer working in public hospitals or moving abroad due to better salaries and career opportunities. The lack of specialists in rural and suburban areas further limits the accessibility of quality healthcare services.

Many clinics struggle to retain skilled doctors and nurses, as the private sector competes with government hospitals and international healthcare facilities for talent. Limited opportunities for continuous medical education (CME) make it difficult for healthcare workers to stay updated on the latest treatments and medical advancements. Language barriers and cultural differences discourage foreign-trained doctors from practicing in Vietnam, despite efforts to attract international expertise.

Restricts the expansion of specialized clinics, particularly in areas such as oncology, neurology, and high-end diagnostics. Increase operational costs, as clinics must offer higher salaries and benefits to retain skilled professionals. Reduces service quality and patient trust, as a lack of experienced doctors leads to inconsistent medical care.

Key Market Trends

Rise of Integrated Healthcare Ecosystems

Vietnam’s healthcare industry is shifting towards integrated healthcare ecosystems, where clinics, hospitals, pharmacies, and diagnostic centers operate within interconnected networks to provide seamless patient experiences. Private healthcare groups are expanding their presence by establishing clinic chains across multiple cities, allowing patients to receive consistent and standardized medical care regardless of location. Investors and healthcare providers are focusing on vertical integration, linking clinics with laboratories, imaging centers, and telehealth services to offer comprehensive healthcare experience. Partnerships between local clinics and international healthcare providers are strengthening Vietnam’s position as a regional healthcare hub.

The focus is shifting from one-time consultations to long-term patient management, where clinics track medical histories, preventive care, and chronic disease management through connected health systems. Clinics are collaborating with insurance providers and wellness programs, enabling patients to access tailored healthcare plans and subscription-based medical services. Home healthcare services are becoming a part of the ecosystem, where in-home diagnostics, remote monitoring, and follow-up care reduce the burden on hospital infrastructure. Creates scalable business models that increase patient retention and loyalty. Encourages investment in clinic chains and healthcare franchises, leading to sector-wide standardization. Improves healthcare accessibility and efficiency, attracting a wider patient base.

Increasing Adoption of Digital Health Solutions

Vietnam’s clinics are rapidly adopting digital health technologies, transforming how medical services are delivered and accessed. Telehealth platforms are reducing geographical barriers, allowing patients in rural and underserved areas to access specialist consultations from urban clinics. Many clinics are integrating AI-powered chatbots and virtual assistants to handle initial patient inquiries, appointment scheduling, and symptom assessments. The use of remote patient monitoring (RPM) for managing chronic conditions such as diabetes and hypertension is expected to rise, reducing hospital visits while improving patient outcomes.

AI-driven diagnostic tools are enhancing the speed and accuracy of medical assessments, particularly in radiology, dermatology, and pathology. Clinics are leveraging big data analytics to develop personalized treatment plans and predict patient risks based on historical health records. Electronic Health Records (EHRs) are being adopted more widely, allowing real-time data sharing between clinics, pharmacies, and hospitals for coordinated patient care.

Clinics are introducing cashless payment systems, making healthcare transactions more convenient for both local and international patients. Healthtech startups are partnering with clinics to provide digital insurance claim processing, reducing administrative burdens and improving reimbursement timelines. Blockchain-based health records are emerging, enhancing data security and interoperability between different healthcare providers. Expands access to healthcare by bridging the urban-rural healthcare divide. Increase operational efficiency, reducing waiting times and administrative costs. Enhance diagnostic accuracy and patient engagement, improving overall healthcare quality.

Segmental Insights

Type Insights

Based on the category of Type, the Polyclinics segment emerged as the fastest growing segment in the Vietnam Clinics Market in 2024. Vietnam’s urban population growth is significantly reshaping healthcare consumption patterns, favoring accessible and diversified medical services that polyclinics provide. With rapid urban expansion, cities like Ho Chi Minh City, Hanoi, and Da Nang are witnessing a surge in demand for primary and specialist care services, especially among working professionals and families who prefer one-stop medical solutions. Unlike hospitals, polyclinics offer shorter waiting times, flexible appointment scheduling, and faster consultations, making them the preferred choice for outpatient care. Busy urban lifestyles are driving patients toward clinics that bundle services—offering general medicine, diagnostics, physiotherapy, pediatrics, dermatology, and preventive screenings in a single location. Vietnam’s healthcare strategy emphasizes reducing the burden on overcrowded public hospitals by expanding outpatient care facilities, making polyclinics an essential part of the healthcare ecosystem. Health authorities are promoting early disease detection and preventive care, further increasing the relevance of multi-specialty polyclinics that provide regular health check-ups and screenings. The expansion of universal health insurance coverage is making outpatient services more affordable, encouraging more patients to seek medical attention at polyclinics rather than waiting for hospital treatment. Increases patient footfall, particularly among urban dwellers seeking quick, affordable, and quality care. Encourages insurance partnerships, making polyclinic services more financially accessible. Supports public healthcare decongestion, positioning polyclinics as a critical component of Vietnam’s evolving medical infrastructure.

Polyclinics operate on an efficient and scalable business model, offering a wide range of medical services at lower operational costs compared to hospitals. Unlike large private hospitals that charge premium fees, polyclinics provide cost-effective treatment options, making healthcare more affordable to the middle class and lower-income groups. Many polyclinics offer package-based services for corporate health check-ups, maternal care, chronic disease management, and wellness programs, catering to both individual and institutional clients. By reducing the need for unnecessary hospital visits, polyclinics help lower overall healthcare costs, making them attractive to both patients and insurers. Polyclinics require lower capital investment than hospitals, allowing faster expansion across different regions. Many private healthcare providers and investors are adopting franchise and chain models, enabling the rapid establishment of networked polyclinics in urban and suburban areas. The standardization of clinical protocols ensures consistent quality across multiple locations, strengthening patient trust and brand reputation. Attracts price-sensitive patients who require affordable, high-quality healthcare services. Encourages private-sector investment, driving market expansion. Enables faster geographic expansion, improving healthcare accessibility nationwide. These factors are expected to drive the growth of this segment.

Therapy Area Insights

The Dentistry segment is projected to experience rapid growth during the forecast period. Vietnamese consumers are prioritizing oral health more than ever before, leading to a significant increase in the number of patients seeking preventive, cosmetic, and restorative dental treatments. Government initiatives and health awareness campaigns have encouraged regular dental check-ups, reducing the stigma around visiting dentists. Educational institutions and corporate wellness programs are increasingly incorporating oral health check-ups as part of their healthcare benefits. Parents are becoming more aware of the importance of early orthodontic intervention, increasing demand for pediatric dentistry and braces. The expansion of Vietnam’s middle class, which is expected to double in the coming years, has led to an increase in healthcare expenditure, including elective dental procedures. Unlike some specialized medical treatments, dentistry is relatively affordable, even in private clinics, making it more accessible to a broader patient base. The availability of dental insurance coverage and installment payment options for high-cost treatments like implants and orthodontics is encouraging more patients to seek dental care. Drives consistent patient flow due to the need for regular check-ups and treatments. Encourages clinic expansion and specialization, increasing service availability. Supports insurance partnerships, improving affordability and access to care. These factors contribute to the growth of this segment.

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Regional Insights

Southern Vietnam emerged as the largest market in the Vietnam Clinics Market in 2024, holding the largest market share in terms of value. The Southern region is the most populous in Vietnam, with Ho Chi Minh City alone housing over 9 million residents. The city’s high population density creates an ever-growing demand for healthcare services, fueling the expansion of clinics.

Ho Chi Minh City is Vietnam’s economic capital, contributing nearly 25% of the country’s GDP. With rising income levels, residents have increased healthcare spending power, boosting demand for premium clinics, specialized treatments, and private healthcare services. Ho Chi Minh City has the highest concentration of private clinics in Vietnam, offering specialized and general healthcare services, including dentistry, dermatology, cardiology, and obstetrics. The Southern region dominates Vietnam’s private healthcare sector, with international hospital chains and local investors expanding their clinic networks to meet growing patient demand. Many clinics operate multi-specialty centers, attracting both local and foreign patients seeking high-quality yet cost-effective treatments. Drives the largest share of clinic revenues due to high patient volume and premium healthcare demand. Encourages foreign investment and international medical collaborations, strengthening Vietnam’s global healthcare positioning. Expands access to cutting-edge treatments, increasing competitiveness with regional healthcare hubs like Thailand and Singapore.

Recent Developments

• In March 2025- Singapore’s sovereign wealth fund, Government of Singapore Investment Corporation (GIC), has made a landmark investment of US$135 million into Nhi Dong 315 Clinic System, marking one of the most significant investments in Vietnam’s healthcare sector. Nhi Dong 315, a leading pediatric clinic operator in Vietnam, currently runs 120 clinics nationwide and has ambitious expansion plans. By 2025, the company aims to scale its network to 250 clinics and establish five specialized hospitals focusing on pediatric and maternity care. GIC’s strategic investment is expected to accelerate the clinic chain’s growth, enhancing accessibility to high-quality pediatric healthcare services across Vietnam while strengthening the country’s private healthcare infrastructure.
• In July 2024, FUJIFILM Corporation has officially launched its first "NURA" health screening center in Hanoi, Vietnam, marking its entry into the Southeast Asian healthcare market with a strong focus on cancer screening and early detection. The newly inaugurated NURA center will be operated by Vietnam Japan Health Technology Joint Stock Company (VJH), the parent company of T-Matsuoka Medical Center in Vietnam. This expansion reflects FUJIFILM's commitment to advancing preventive healthcare in the region by leveraging its cutting-edge imaging technology and diagnostic expertise to improve early cancer detection and enhance patient outcomes.   

Key Market Players

• TE Healthcare (TE Asia Healthcare Partners)
• Raffles Medical Group (International SOS)
• Hanoi Family Medical Practice
• Dr. Binh Tele_Clinic
• Columbia Asia International Clinic-Saigon
• CarePlus International Clinic
• Lotus Clinic
• Victoria Healthcare Vietnam
• Centre Medical International
• Kim's Eye & Dasom Polyclinic

Report Scope:

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

• Vietnam Clinics Market, By Type:

o   General Clinics

o   Polyclinics

• Vietnam Clinics Market, By Therapy Area:

o   Gynaecology & Obstetrics

o   General & Sports Physiotherapy

o   Dermatology

o   Psychiatry

o   Orthopedics

o   Dentistry

o   Others

• Vietnam Clinics Market, By Services:

o   Diagnostic

o   Consultation

o   Treatment

o   Immunization

o   Pharmacies

o   Others

• Vietnam Clinics Market, By Region:

o   Northern Vietnam

o   Central Vietnam

o   Southern Vietnam

Competitive Landscape

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

Available Customizations:

 Vietnam Clinics market report with the given market data, TechSci Research 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).