Vietnam MRI Market, By Field Strength (High-Field MRI Systems (1.5t MRI Systems, 3t MRI Systems), Low-To-Mid-Field MRI Systems (<1.5t), Very-High-Field MRI Systems (4t and above)), By Type (Fixed, Mobile), By Architecture (Closed MRI Systems, Open MRI Systems), By Application (Brain and Neurological, Oncology, Spine and Musculoskeletal, Abdominal, Cardiac, Others), By End User (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F

Market Overview

Vietnam MRI Market was valued at USD 35.50 Million in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.70% through 2030. The Vietnamese Magnetic Resonance Imaging (MRI) market is experiencing significant expansion, driven by the rapid development of the country's healthcare infrastructure and the rising demand for advanced diagnostic imaging solutions. The government's strategic increase in healthcare expenditure has facilitated the modernization of medical facilities, accelerating the adoption of cutting-edge imaging technologies, including MRI systems. 

Market growth is primarily fueled by the escalating prevalence of chronic diseases, a surge in healthcare investments, and an increasing emphasis on early-stage disease detection. However, the sector faces notable challenges, including the high capital expenditure associated with MRI equipment and a shortage of trained radiology professionals, which could constrain operational efficiency. 

Vietnam's MRI market remains heavily import-dependent, with leading international manufacturers playing a dominant role in equipment supply and technological innovation. This dynamic market landscape is further shaped by continuous advancements in MRI technology, such as the adoption of high-field imaging, AI-driven diagnostic tools, and enhanced patient-centric imaging solutions. As Vietnam's healthcare sector continues to evolve, these developments are expected to improve diagnostic precision and expand access to advanced imaging services across the country.

Key Market Drivers

Rising Burden of Chronic Diseases

The increasing prevalence of chronic diseases in Vietnam is a major factor fueling the growth of the country's Magnetic Resonance Imaging (MRI) market. As the burden of non-communicable diseases (NCDs) such as cardiovascular disorders, cancer, and neurological conditions continues to rise, the demand for advanced diagnostic imaging solutions has surged. MRI technology, known for its superior soft tissue contrast and non-invasive nature, plays a crucial role in disease detection, monitoring, and treatment planning. Vietnam is experiencing a rising incidence of cardiovascular diseases (CVDs), including coronary artery disease, heart failure, and stroke. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of mortality in Vietnam, accounting for over 30% of total deaths. Given the critical need for precise imaging in diagnosing heart conditions, MRI—particularly cardiac MRI—has gained traction in the market. CMR is increasingly being used for non-invasive assessments of myocardial infarction, cardiomyopathies, and congenital heart defects.

Stroke remains the leading cause of mortality and long-term disability in Vietnam, posing a significant public health challenge. The country reports an incidence rate of 161 cases per 100,000 individuals annually, with a prevalence reaching 415 per 100,000. Vietnam has one of the highest rates of stroke in Southeast Asia. MRI, specifically diffusion-weighted imaging (DWI), is essential for early detection and prognosis assessment of stroke patients, enabling timely intervention and reducing long-term disability. In the year 2000, Vietnam reported over 68,000 newly diagnosed cancer cases. Over the next two decades, the incidence of cancer steadily rose, reaching more than 182,000 cases by 2022—marking a 2.6-fold increase over 22 years. This sharp rise reflects shifting demographics, environmental factors, and lifestyle changes, driving the demand for advanced diagnostic technologies such as MRI for early detection and precise disease management. Cancer rates in Vietnam have been escalating due to lifestyle changes, environmental pollution, and aging demographics. The Vietnam National Cancer Hospital has reported a significant increase in cases of lung, liver, breast, and colorectal cancers. Early detection is crucial for improving survival rates, and MRI serves as a key imaging tool for oncology. Over the past five years, the country has identified more than 72,000 new cases, reflecting a significant upward trend. In 2002, Vietnam recorded 5,538 newly diagnosed breast cancer cases, a figure that surged to 24,563 by 2022—representing nearly a fivefold increase in two decades. As breast cancer incidences grow, MRI is increasingly recommended for high-risk patients due to its ability to detect tumors that may not be visible on mammograms or ultrasounds. Advanced MRI techniques, including whole-body diffusion-weighted imaging, are becoming more common in oncology centers to detect metastatic spread in cancer patients. Leading hospitals are utilizing fMRI to evaluate brain tumor activity and guide neurosurgical planning.

Neurological disorders, including Alzheimer’s disease, Parkinson’s disease, epilepsy, and multiple sclerosis, are on the rise in Vietnam. Factors such as aging population, urbanization, and environmental stressors contribute to this trend. MRI is a fundamental tool for diagnosing and monitoring these conditions due to its ability to produce high-resolution images of the brain and spinal cord. With Vietnam’s aging population, neuroimaging is becoming essential for early-stage detection of dementia-related disorders. MRI plays a vital role in identifying brain atrophy and structural abnormalities. High-resolution MRI scans are crucial for detecting seizure foci in epilepsy patients, aiding in surgical planning for drug-resistant cases. The use of MRI in diagnosing MS has increased, as it is the most effective imaging modality for detecting demyelination in the central nervous system.

Healthcare Infrastructure & Government Investment

Vietnam's Magnetic Resonance Imaging (MRI) market is experiencing accelerated growth, largely fueled by the government’s strategic focus on healthcare infrastructure development and increased public and private investments in medical technology. As Vietnam modernizes its healthcare system to meet the demands of a growing and aging population, the expansion of hospitals, diagnostic centers, and medical equipment procurement has significantly boosted the demand for MRI systems.

Vietnam has been actively investing in healthcare infrastructure as part of its national development strategy. The government has increased healthcare spending, expanded medical facilities, and encouraged the adoption of cutting-edge diagnostic technologies, including MRI. Vietnam’s healthcare budget has steadily increased over the years, with significant allocations directed toward upgrading medical facilities, purchasing advanced imaging equipment, and expanding hospital capacities. To accelerate healthcare development, the Vietnamese government has encouraged collaborations between public hospitals and private investors. These partnerships have enabled hospitals to acquire high-end MRI systems and provide better diagnostic services. Vietnam’s commitment to achieving universal health coverage has led to greater accessibility to medical imaging services. More patients are now eligible for MRI scans under state-sponsored health insurance programs, driving demand for MRI installations in both urban and rural hospitals.

The government has prioritized the construction of new hospitals and the expansion of existing ones to address the increasing healthcare needs of the population. Many public hospitals have received funding to upgrade their diagnostic imaging departments with advanced MRI technology. To reduce patient overload in major cities like Ho Chi Minh City and Hanoi, Vietnam has invested in upgrading provincial and district-level hospitals. This has led to an increase in MRI installations outside major metropolitan areas. Vietnam is establishing more specialty hospitals focusing on neurology, cardiology, and oncology, where MRI plays a crucial role in disease diagnosis and treatment planning. Several state-run hospitals have replaced outdated imaging equipment with high-resolution MRI systems, improving diagnostic accuracy and patient outcomes.

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Key Market Challenges

High Capital Investment & Operating Costs

One of the most significant challenges facing the MRI market in Vietnam is the substantial financial investment required for purchasing, installing, and maintaining MRI systems. MRI machines, particularly high-field (1.5T and 3T) and advanced imaging systems, require significant upfront capital investment, often exceeding $1 million per unit. For many hospitals—especially those in the public sector with budget constraints—such expenditures can be prohibitive. MRI machines require specialized infrastructure, including dedicated shielding rooms, power supply modifications, and cooling systems. Many existing hospitals and diagnostic centers in Vietnam lack the necessary facilities, making installation costly and logistically challenging. Routine maintenance and servicing of MRI machines involve high costs, particularly since Vietnam is largely dependent on imported equipment and spare parts. Delays in obtaining replacement components can lead to prolonged downtime, impacting patient care and revenue generation for healthcare providers.

While government subsidies and insurance coverage have improved affordability, MRI scans remain relatively expensive for a significant portion of the population. Many lower-income patients may opt for alternative imaging modalities such as CT scans or ultrasound, limiting overall MRI utilization.

Shortage of Skilled Radiologists & Technicians

The availability of trained professionals capable of operating MRI equipment and interpreting scan results is another major constraint in the Vietnamese MRI market. Vietnam faces a critical shortage of radiologists, particularly those with specialized expertise in MRI diagnostics. As the demand for MRI imaging grows, the lack of qualified professionals creates bottlenecks in service delivery and increases patient wait times. The majority of experienced radiologists are concentrated in major cities like Hanoi and Ho Chi Minh City, leaving rural and provincial hospitals underserved. As a result, patients in remote areas often have to travel long distances for MRI scans, delaying diagnosis and treatment. While efforts are being made to train more radiologists and MRI technicians, many professionals seek opportunities abroad or in private-sector hospitals offering higher salaries. Retaining skilled personnel within the public healthcare system remains a significant hurdle.

Unlike simpler imaging techniques such as X-rays or ultrasound, MRI scan interpretation requires advanced expertise. Misinterpretation of MRI results can lead to diagnostic errors, underscoring the need for continuous education and professional development programs.

Key Market Trends

Integration of Artificial Intelligence (AI) & Automation for Smart Scheduling

The adoption of AI-driven medical scheduling solutions is transforming how healthcare providers manage appointments and resource allocation. AI-powered systems leverage machine learning algorithms to optimize scheduling in real time, reducing no-show rates, minimizing wait times, and ensuring better utilization of medical staff and facilities. AI-based solutions analyze historical patient data, appointment trends, and seasonal demand fluctuations to predict peak periods and optimize scheduling accordingly. This helps healthcare providers balance appointment loads and minimize scheduling conflicts. Intelligent scheduling software integrates automated messaging tools, sending reminders via SMS, email, or app notifications to reduce missed appointments and improve patient engagement. AI-driven scheduling ensures that medical personnel and equipment are assigned efficiently based on appointment types, patient needs, and provider availability. This is particularly beneficial for high-demand specialties such as radiology, oncology, and surgical procedures. AI-powered chatbots enable patients to book, reschedule, or cancel appointments seamlessly through mobile apps or websites without human intervention, enhancing accessibility and convenience.

Rise of Telemedicine & Hybrid Care Models Driving Digital Scheduling Adoption

The rapid expansion of telemedicine and hybrid healthcare delivery models is reshaping the demand for medical scheduling software. As virtual consultations become an integral part of modern healthcare, scheduling systems must evolve to accommodate in-person and digital appointments within a unified platform. Advanced scheduling software now supports seamless booking for virtual consultations, automatically generating secure video conferencing links and syncing with electronic health records (EHR) to streamline remote patient management. With the increasing adoption of hybrid care models—where patients receive a mix of virtual and in-clinic visits—scheduling platforms must intelligently coordinate these interactions while considering provider availability, consultation type, and regulatory compliance. Patients now expect the flexibility to schedule appointments across multiple channels, including mobile apps, web portals, call centers, and social media platforms. Modern scheduling software integrates these channels into a single interface, ensuring a cohesive patient experience. The demand for same-day or on-demand virtual consultations has surged, prompting scheduling platforms to incorporate real-time availability tracking and automated slot adjustments to accommodate urgent care needs.

Segmental Insights

Type Insights

Based on the category of Type, the Mobile MRI Systems segment emerged as the fastest growing segment in the Vietnam MRI Market in 2024. Vietnam’s healthcare infrastructure is heavily concentrated in major urban centers such as Ho Chi Minh City and Hanoi, leaving many provincial and rural areas with limited access to high-end diagnostic imaging. Mobile MRI units are bridging this gap by bringing advanced imaging technology directly to patients in remote regions. Many government-led healthcare initiatives and private-sector investments are supporting mobile MRI deployments to expand diagnostic services in secondary cities and rural districts. With limited access to MRI-equipped hospitals outside metropolitan areas, patients often face long travel times and associated costs. Mobile MRI units alleviate this challenge by delivering imaging services closer to local healthcare centers. Several healthcare providers are adopting mobile MRI solutions under PPP models, allowing public hospitals to collaborate with private firms that deploy and operate mobile imaging units.

For many hospitals and diagnostic centers in Vietnam, the high capital investment required for a fixed MRI system along with infrastructure modifications for installation—poses a significant financial challenge. Mobile MRI systems offer a viable alternative by reducing setup costs while ensuring high-quality imaging services. Fixed MRI systems require specialized rooms, shielding, and cooling infrastructure, which can be costly and space-intensive. Mobile MRI units bypass these requirements, making them ideal for hospitals with space limitations. Instead of purchasing an expensive fixed MRI system, healthcare providers can lease or contract mobile MRI services, reducing financial strain while maintaining access to advanced diagnostics. Mobile MRI units can be relocated based on demand, allowing healthcare facilities to optimize patient load distribution and reduce waiting times during peak periods. These factors are expected to drive the growth of this segment.

Architecture Insights

Based on the category of Architecture, Closed MRI Systems segment dominate the Vietnam MRI Market in 2024. Closed MRI systems, particularly those with higher field strengths (1.5T and 3T), provide exceptional image resolution and detailed anatomical visualization, making them the preferred choice for diagnosing a wide range of medical conditions. The closed architecture allows for stronger magnetic fields, producing sharper images essential for detecting small lesions, tumors, and neurological disorders. Closed MRI systems are indispensable for diagnosing conditions such as stroke, multiple sclerosis, spinal injuries, and joint disorders, where high-resolution imaging is critical. Given the rising cancer burden in Vietnam, closed MRI systems are widely used for tumor detection, staging, and treatment monitoring, as well as for detailed cardiac imaging.

The ability to generate stronger magnetic fields makes closed MRI systems more suitable for advanced imaging techniques, which are increasingly in demand in Vietnam’s growing healthcare sector. Most hospitals and diagnostic centers in Vietnam are equipped with 1.5T closed MRI systems, while larger hospitals and specialty centers are increasingly adopting 3T systems for more detailed scans. Closed MRI is essential for advanced imaging modalities such as functional MRI (fMRI) and diffusion-weighted imaging (DWI), which are critical for neuroscience research and stroke diagnosis. Advanced imaging techniques, such as MR spectroscopy and contrast-enhanced MRI, are widely supported by closed systems, allowing for more precise disease characterization.

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Regional Insights

Southern Vietnam emerged as the largest market in the Vietnam MRI Market in 2024, holding the largest market share in terms of value. Southern Vietnam, particularly Ho Chi Minh City, serves as the country’s leading medical hub, hosting a dense network of public and private hospitals, specialized diagnostic centers, and international healthcare providers. Major hospitals such as Cho Ray Hospital, University Medical Center (UMC), and Ho Chi Minh City Oncology Hospital are equipped with multiple high-field MRI systems, driving demand for advanced diagnostic imaging. Southern Vietnam has witnessed a rapid expansion of private hospitals and imaging centers, such as FV Hospital and Hoan My Medical Group, which prioritize high-quality MRI technology to attract patients. Ho Chi Minh City is a key destination for medical tourism in Southeast Asia, drawing both domestic and international patients for advanced imaging services, further boosting MRI market growth.

The high population density and increasing burden of chronic diseases in Southern Vietnam contribute to the region’s dominance in MRI demand. Southern Vietnam has the highest number of MRI patients, particularly in Ho Chi Minh City and surrounding provinces. The increasing incidence of stroke, brain tumors, and musculoskeletal conditions is driving greater utilization of MRI for accurate diagnosis and treatment planning. Private health insurance penetration is higher in Southern Vietnam than in other regions, making MRI scans more accessible to a larger portion of the population.

Recent Developments

• In December 2024- CarePlus is at the forefront of integrating artificial intelligence (AI) into MRI and CT imaging, setting a new standard in diagnostic precision and efficiency. This cutting-edge technology enhances disease detection and screening, facilitating earlier and more accurate diagnoses that drive effective treatment strategies and long-term health management. Its impact is particularly significant in routine health assessments, cancer screenings, and the identification of complex medical conditions, ensuring a higher standard of preventive and specialized care.
• In August 2024, Bayer Vietnam, Siemens Healthineers, and the University Medical Center HCMC jointly hosted a specialized scientific workshop focused on the application of MRI with targeted contrast agents for the diagnosis and treatment of hepatobiliary diseases, with a particular emphasis on hepatocellular carcinoma. This collaboration aimed to advance clinical expertise, enhance imaging accuracy, and improve patient outcomes in liver disease management.
• In August 2024, GE HealthCare showcased its latest healthcare innovations at a leading scientific congress, unveiling state-of-the-art technologies designed to optimize diagnostic imaging and improve treatment efficiency. These advancements aim to equip physicians with enhanced precision and workflow efficiency, ultimately elevating patient care standards in medical diagnostics.

Key Market Players

• GE HealthCare
• Philips Healthcare
• Siemens Healthcare Limited
• Canon Medical Systems Asia Pte. Ltd.
• Neusoft Corporation
• Hitachi Digital Services, LLC
• FUJIFILM VIETNAM Co., Ltd

Report Scope:

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

• Vietnam MRI Market, By Field Strength:

o   High-Field MRI Systems

o   Low-To-Mid-Field MRI Systems

o   Very-High-Field MRI Systems

• Vietnam MRI Market, By Type:

o   Fixed

o   Mobile

• Vietnam MRI Market, By Architecture:

o   Closed MRI Systems

o   Open MRI Systems

• Vietnam MRI Market, By Application:

o   Brain and Neurological

o   Oncology

o   Spine and Musculoskeletal

o   Abdominal

o   Cardiac

o   Others

• Vietnam MRI Market, By End User:

o   Hospitals

o   Imaging Centers

o   Ambulatory Surgical Centers

o   Others

• Vietnam MRI 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 MRI Market.

Available Customizations:

 Vietnam MRI 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).