Forecast
Period
|
2026-2030
|
Market
Size (2024)
|
USD
10.25 Million
|
Market
Size (2030)
|
USD
19.69 Million
|
CAGR
(2025-2030)
|
11.45%
|
Fastest
Growing Segment
|
Program
Enrollment
|
Largest
Market
|
Southern
Vietnam
|
Market Overview
Vietnam
Pharma Hub And Patient Access Support Service Market was valued at USD 10.25
Million in 2024 and is anticipated to project robust growth in the forecast
period with a CAGR of 11.45% through 2030. Vietnam’s pharmaceutical market is
undergoing rapid growth and is positioned for sustained expansion. This
trajectory is propelled by strategic public-private partnerships, robust
government initiatives, and a rising prevalence of chronic and infectious diseases.
Despite these advancements, the sector faces critical barriers, including
stringent regulatory processes, inadequate infrastructure, and limited public
awareness of healthcare solutions.
In
response, domestic and international investors are channeling significant
resources into the market, targeting innovation and capacity building.
Companies such as Imexpharm have emerged as industry leaders, making
substantial investments in research and development as well as advanced
pharmaceutical manufacturing technologies to bolster their competitive edge.
These targeted efforts are instrumental in driving Vietnam’s ambition to
establish itself as a pharmaceutical production hub in Southeast Asia.
While
the industry presents lucrative growth prospects, its success hinges on
overcoming persistent challenges and aligning with international standards to
unlock its full potential and achieve long-term strategic goals.
Key Market Drivers
Increasing Disease Burden and
Healthcare Needs
The
rising disease burden in Vietnam, coupled with evolving healthcare needs, is a
critical driver of the Pharma Hub and Patient Access Support Service market.
This trend is reshaping the industry and creating unprecedented opportunities
for growth. Non-communicable diseases such as cardiovascular diseases,
diabetes, cancer, and chronic respiratory illnesses are on the rise due to
lifestyle changes, urbanization, and an aging population. In Vietnam, non-communicable diseases (NCDs) now account for 80% of all deaths. While the country has made significant strides in improving maternal and child health and reducing infectious diseases such as malaria and tuberculosis, NCDs continue to pose a substantial public health challenge. A large proportion of the population remains undiagnosed, with approximately 70-80% of individuals with hypertension or diabetes not receiving appropriate treatment. This highlights a critical gap in healthcare delivery and underscores the need for enhanced detection and management of chronic conditions in the country. This rising prevalence necessitates the development
and accessibility of specialized medications, innovative therapies, and
long-term patient management programs, driving demand for patient access
services and tailored support solutions. The burden of communicable diseases in Vietnam has notably decreased, from accounting for 38% and 33% of the morbidity and mortality burdens in 1996 to an anticipated 18% and 6%, respectively, by 2026. The projected 6% mortality burden from communicable diseases is considerably lower than the average rates seen across Southeast Asia. This remarkable reduction in disease burden is largely attributed to Vietnam’s successful efforts in combating communicable diseases, which has directly contributed to the country's significant increase in life expectancy.
Vietnam
continues to face challenges from infectious diseases such as tuberculosis
(TB), dengue fever, and hepatitis B. The recent global pandemic has also
underscored the need for robust pharmaceutical infrastructure to manage
outbreaks effectively. Government initiatives like the National Tuberculosis
Program and efforts to eliminate hepatitis B by 2030 are fueling demand for
vaccines, antivirals, and patient support services. The pharmaceutical sector
is responding by expanding manufacturing capabilities and launching patient
education campaigns to ensure medication adherence and better health outcomes. Cancer
rates in Vietnam have been escalating, with an estimated 182,563 new cases
diagnosed annually. High treatment costs and limited access to advanced
therapies have historically hindered effective treatment. Patient Access
Support Services, including financial assistance programs, are bridging the gap
by enabling affordability and adherence to costly cancer treatments such as
targeted therapies and immunotherapies. Improved public awareness and
government-led health initiatives are driving early diagnosis and treatment,
particularly for chronic and infectious diseases. Nationwide campaigns for
NCDs, such as hypertension and diabetes, have led to increased detection rates,
creating demand for both pharmaceutical products and patient support services. Companies
are leveraging these programs to expand their outreach, offering medication
access programs and fostering adherence to prescribed treatments.
Vietnam’s
aging population is contributing to a higher incidence of age-related
illnesses, while rising income levels are empowering patients to seek better
healthcare solutions. With approximately 12% of the population aged 60 and
above, demand for treatments for chronic illnesses, osteoporosis, and
degenerative conditions is surging. Growing healthcare spending by the middle
class is enabling wider adoption of advanced medications and support services,
which were previously unaffordable to many. Programs that reduce out-of-pocket
costs for high-cost treatments. Access to expert advice and treatment plans. Initiatives
to ensure patients follow prescribed regimens, minimizing relapses and
complications. The increasing disease burden and evolving healthcare needs in
Vietnam are driving both demand and innovation in the pharmaceutical sector and
patient access support services. These challenges, while significant, present
opportunities for stakeholders to develop comprehensive, patient-centered
solutions that enhance treatment accessibility and outcomes. By addressing
these healthcare demands, Vietnam is not only transforming its domestic
pharmaceutical landscape but also strengthening its position as a regional
pharma hub.
Growing Middle-Class
Population and Healthcare Spending
Vietnam's
growing middle-class population and the corresponding rise in healthcare
spending are pivotal forces driving the development of the Pharma Hub and
Patient Access Support Service market. This socio-economic transformation is
reshaping healthcare consumption patterns, creating significant opportunities
for the pharmaceutical industry and support services. Vietnam aims to achieve upper-middle-income status by 2030 and transition to a high-income country by 2050. The country's middle class is projected to grow significantly, reaching 26% of the population by 2026, up from 13% (approximately 13 million people) in 2023. This expansion presents substantial growth opportunities for businesses, particularly in sectors poised to serve the evolving needs and purchasing power of an increasingly affluent consumer base. This demographic shift brings about increased purchasing
power and a higher demand for quality healthcare services and products. As
incomes rise, middle-class families allocate a larger portion of their budgets
to healthcare, prioritizing preventive care, early diagnosis, and access to
advanced treatments. This shift drives the consumption of branded medicines,
innovative therapies, and health supplements, boosting the overall
pharmaceutical market.
Vietnam's
healthcare expenditure has been growing steadily, driven by government
investments, insurance coverage expansion, and private spending. According to the Economist Intelligence Unit (EIU), Vietnam's healthcare expenditure reached approximately USD 18.5 billion in 2022, accounting for 4.6% of the country’s GDP. Coupled with a declining birth rate, the country's aging population is driving an increased demand for healthcare services and products, creating significant market opportunities in the healthcare sector. Despite progress in public
healthcare, out-of-pocket expenditures remain substantial, creating demand for
patient support services that alleviate financial burdens. As the middle class
grows, so does the demand for high-quality healthcare, including specialized
treatments for chronic diseases and access to cutting-edge medications. Patients
are increasingly seeking advanced treatments like biologics, targeted
therapies, and immunotherapies for diseases such as cancer, diabetes, and
cardiovascular conditions. This trend incentivizes pharmaceutical companies to
introduce and localize production of high-cost therapies while enhancing access
through support programs. The rising middle class is fueling the growth of
private hospitals and clinics that offer premium healthcare services. These
institutions collaborate with pharmaceutical companies to ensure the
availability of high-cost drugs and implement patient access programs (PAPs)
tailored to their clientele. Pharmaceutical firms are leveraging partnerships
with private healthcare providers to increase their market penetration and
support patient-centric solutions.
The
middle class’s emphasis on quality of life has amplified the importance of
preventive care and wellness. Higher disposable incomes have led to increased
participation in regular health check-ups, early screenings for chronic
diseases, and the uptake of vaccinations. This trend drives demand for
pharmaceutical products, vaccines, and support services that promote adherence
to preventive measures and treatments. The expansion of health insurance
coverage, driven by both government schemes and private insurance providers,
has enabled middle-class consumers to access previously unaffordable
treatments. Increased insurance adoption reduces the financial barriers to
high-cost treatments, creating opportunities for pharmaceutical companies to
expand their patient access programs. Medication Access Programs (MAPs) and
financial assistance initiatives complement insurance coverage, ensuring
comprehensive access to essential medications. The middle class's tech-savvy
nature has accelerated the adoption of digital healthcare solutions, such as
telemedicine, online pharmacies, and app-based patient support services. These
platforms cater to the middle-class demand for convenience, enabling easy
access to medications and support services. Pharmaceutical companies are
integrating digital tools into their patient access programs to improve
education, adherence, and health outcomes.
Rising Investments in R&D
and Manufacturing Needs
Increasing
investments in research and development (R&D) and pharmaceutical
manufacturing capabilities are pivotal to the growth of Vietnam’s Pharma Hub
and Patient Access Support Service market. These investments address critical
market needs, bolster domestic production, and position Vietnam as a
competitive player in the global pharmaceutical landscape. The National Strategy for the Development of the Domestic Pharmaceutical Industry through 2030, with a vision towards 2045, aims for the domestic pharmaceutical sector to meet 80% of local demand in terms of production capacity. Additionally, it is projected that domestic products will account for 70% of the total pharmaceutical market value, reinforcing the country's ambition to strengthen its self-reliance and competitiveness within the industry. Tax breaks, subsidies, and streamlined
regulatory processes are attracting local and foreign investors to establish
manufacturing facilities and R&D centers.
Vietnam
is transitioning from basic drug production to high-value pharmaceutical
manufacturing, including biologics, biosimilars, and advanced formulations. Investments
in state-of-the-art facilities meeting international standards have boosted
production quality, enabling Vietnamese manufacturers to compete globally and
expand exports. Companies are focusing on producing niche drugs, such as
oncology treatments and vaccines, to cater to both domestic and international
markets. Significant investments are being directed toward R&D to innovate
and localize the production of advanced medicines. Companies are investing in
R&D for cutting-edge therapies to meet the growing demand for personalized
medicine, especially for chronic diseases like cancer and diabetes. Partnerships
between local firms, global pharmaceutical companies, and academic institutions
are fostering innovation and technology transfer. Investments in R&D and
manufacturing directly enhance patient access support services by reducing
costs and improving availability. Local production of high-cost medications,
such as biosimilars and generics, lowers prices, making treatments more
affordable for patients. Enhanced manufacturing capacity ensures a steady
supply of essential drugs, reducing stockouts and improving accessibility,
especially in underserved areas.
Vietnam’s
favorable investment climate and strategic location in Southeast Asia are
attracting multinational pharmaceutical companies to establish operations. Companies
like Sanofi, Pfizer, and Takeda have made significant investments in local
production and R&D. Foreign investment brings advanced technologies and
expertise, accelerating the development of Vietnam’s pharmaceutical
infrastructure. With improved manufacturing capabilities, Vietnam is emerging
as an exporter of high-quality pharmaceuticals. Strengthened R&D and
manufacturing allow Vietnamese companies to meet international quality
standards, opening export opportunities to ASEAN, Europe, and beyond. Export
success reinforces Vietnam’s reputation as a regional pharmaceutical hub,
attracting further investment and partnerships. The COVID-19 pandemic
highlighted the importance of domestic vaccine production, leading to increased
investments in this area. Companies and government entities are investing in
facilities to produce vaccines for infectious diseases like COVID-19, dengue
fever, and influenza. These efforts aim to reduce reliance on imports and
improve national healthcare security. The integration of advanced technologies
in pharmaceutical manufacturing is improving efficiency and scalability. Automation,
AI, and IoT are being incorporated into production processes to enhance
productivity and ensure quality. Investments in technology also streamline
supply chains, ensuring timely delivery of drugs and patient support services.
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Key Market Challenges
Regulatory Barriers and
Compliance Issues
Regulatory
challenges represent one of the most significant barriers to growth within
Vietnam's pharmaceutical market. The complexity and length of regulatory
processes can impede the timely introduction of new drugs and therapies,
impacting market dynamics.
Pharmaceutical
companies, both local and international, often face slow approval times due to
lengthy registration processes, inconsistent enforcement of regulations, and
bureaucratic inefficiencies. This can result in delayed product launches and
extended time-to-market. While Vietnam has made strides in aligning its
regulations with international standards, discrepancies still exist. Companies
often encounter challenges in obtaining EU-GMP or WHO-GMP certifications, which
are crucial for both domestic and international market access. These regulatory
bottlenecks hinder the entry of innovative medicines, prolong the availability
of generic drugs, and slow down the overall pace of market expansion. This
issue also discourages foreign investment, as companies may be wary of
navigating an unpredictable regulatory landscape.
Infrastructure Limitations in
Manufacturing and Distribution
The
growth of the Vietnam Pharma Hub is constrained by infrastructure challenges in
both the manufacturing and distribution segments. Although significant
investments have been made, there remain gaps that hinder efficiency, quality
assurance, and supply chain management.
A
large portion of Vietnam’s pharmaceutical manufacturing facilities are still
below international standards, with only a small fraction meeting EU-GMP or
equivalent certifications. The lack of high-quality manufacturing
infrastructure limits the production of high-value pharmaceuticals such as
biologics, biosimilars, and specialized generics. The distribution network for
pharmaceuticals, especially in rural or remote areas, remains underdeveloped.
This results in uneven drug availability, which can create stockouts and delays
in treatment for patients in need. Logistics infrastructure, including cold
chain systems for temperature-sensitive medicines, is still limited in certain
areas. These infrastructure limitations not only affect the quality and
consistency of pharmaceutical products but also impede the ability to scale
production and reach broader patient populations. Companies seeking to position
Vietnam as a regional pharmaceutical hub must invest heavily in modernizing
manufacturing plants and improving distribution channels, which presents both
financial and logistical challenges.
Key Market Trends
Digitalization and the
Integration of Technology in Healthcare Delivery
The
digital transformation of Vietnam's healthcare system is rapidly accelerating,
significantly impacting the pharmaceutical and patient access markets. The
integration of digital tools into both pharmaceutical production and patient
support services is revolutionizing how healthcare is delivered and consumed.
The
widespread adoption of telemedicine, especially in the wake of the COVID-19
pandemic, is reshaping healthcare delivery. Digital platforms allow patients to
consult with doctors remotely, receive prescriptions electronically, and access
pharmaceutical products through online pharmacies. This shift facilitates
greater patient engagement and expands access to treatments, especially in
underserved regions. Pharmaceutical companies are increasingly leveraging
artificial intelligence (AI) and big data to accelerate drug discovery,
personalize treatment regimens, and improve patient outcomes. AI-driven
insights allow for faster identification of drug efficacy, while big data
analytics enable companies to anticipate healthcare needs and improve the
efficiency of patient access programs. Digital tools for remote monitoring of
chronic diseases and medication adherence are becoming more prevalent. These
tools help patients stay on track with their treatment plans, enhancing
medication adherence and improving health outcomes, particularly for chronic
conditions such as diabetes and cardiovascular diseases.
Focus on Personalized Medicine
and Tailored Patient Support
The
growing emphasis on personalized medicine is driving the development of
treatments that are specifically tailored to an individual’s genetic profile,
lifestyle, and health conditions. This trend is transforming the pharmaceutical
market in Vietnam, creating demand for more specialized drugs and
patient-centric support services.
The
use of genetic testing to determine the most effective treatments for patients
is gaining momentum. As the demand for precision medicine grows, pharmaceutical
companies are focusing on developing biologics and targeted therapies that
offer highly personalized treatment options. This trend is shifting the market
from one-size-fits-all solutions to tailored drug regimens, which can be more
effective and have fewer side effects. As treatments become more personalized,
so too must the patient support services. This involves creating bespoke access
programs that consider a patient’s unique needs, including financial
assistance, adherence support, and educational resources. Personalized patient
support is becoming increasingly important as patients demand more tailored
solutions to help manage complex conditions. With the increased use of genomic
data, pharmaceutical companies can design more effective treatment protocols,
enhancing patient outcomes and reducing healthcare costs by focusing on the
most effective treatment for individual patients.
Segmental Insights
Service Insights
Based
on the category of Service, the Program Enrollment segment emerged as the
dominant in the Vietnam Pharma Hub And Patient Access Support Service market in
2024. Program Enrollment services are crucial in facilitating access to these
costly treatments by connecting eligible patients to financial assistance
programs (FAPs), which reduce or eliminate out-of-pocket costs. This enables
patients to enroll in drug access programs that offer subsidized or free
medications, significantly improving treatment adherence and health outcomes.
Pharmaceutical companies often establish these programs in partnership with
local health authorities or nonprofit organizations to ensure that their
innovative products are accessible to patients in need. Through Program
Enrollment, companies can widen the reach of their products, while ensuring
that patients do not forego treatment due to financial constraints.
The
Program Enrollment segment addresses a key operational challenge in healthcare:
ensuring that patients can enroll in patient assistance programs and access
medications in a timely and efficient manner. In a market like Vietnam, where
healthcare infrastructure may not be uniform across urban and rural areas,
streamlined enrollment processes become crucial in ensuring accessibility and
equity. By simplifying and digitalizing the enrollment process, pharmaceutical
companies and healthcare providers make it easier for patients to sign up for
various programs. This often involves collecting patient information,
confirming eligibility for support programs, and registering them into
databases that allow for seamless distribution of medications. The automation
of this process reduces administrative burdens and ensures quicker access to
treatment. The use of digital platforms for program enrollment, such as mobile
apps and online portals, enhances the ease of registration. These platforms
provide patients with real-time information about available assistance
programs, eligibility criteria, and the steps involved in the enrollment
process, making it more accessible for individuals with limited digital
literacy or access to healthcare services. These factors are expected to drive
the growth of this segment.
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Regional Insights
Southern
Vietnam emerged as the dominant in the Vietnam's Pharma Hub and Patient Access
Support Service Market in 2024, holding the largest market share in terms of value.
The Southern region, with Ho Chi Minh City as the economic and pharmaceutical
hub, plays a dominant role in Vietnam’s pharmaceutical sector. The region
benefits from robust healthcare infrastructure, better access to international
markets, and stronger collaboration between the government, pharmaceutical
companies, and healthcare providers.
Ho
Chi Minh City is the economic powerhouse of Vietnam, with the highest
concentration of pharmaceutical companies, multinational drug manufacturers,
research institutions, and healthcare providers. The city attracts both local
and foreign investments due to its strong industrial base and connectivity to
global trade networks. The region also houses many regional headquarters and
production facilities for global pharmaceutical companies, which enhances the
presence of multinational players in the local market and supports the overall
growth of the Pharma Hub. The Southern region has the most advanced healthcare
infrastructure in Vietnam, including hospitals, research centers, and
diagnostic laboratories. Many top-tier medical institutions are located in Ho
Chi Minh City, providing the foundation for sophisticated patient care
services, including patient access programs for high-cost medications and
advanced therapies. The well-established distribution channels for
pharmaceutical products in the South ensure efficient and widespread
availability of medicines, which is essential for patient access services. The
region’s robust logistical capabilities enable companies to scale their
operations and provide timely deliveries across the country.
Recent Developments
- In
October 2024- A draft of the revised Pharmacy Law is set to be presented during
the current National Assembly session, aimed at improving public access to new
medicines. Over the past decade, Vietnam has introduced only 9% of new
medicines, a significantly lower rate compared to other Asia-Pacific nations,
which have seen 20% of new medicines introduced. This reform seeks to address
this gap and streamline the regulatory process, enhancing the availability of
innovative treatments for the Vietnamese population.
- In
November 2024, Singapore-listed Thomson Medical Group (TMG) has completed its
largest healthcare acquisition in Southeast Asia since 2020, acquiring
Vietnam’s leading private healthcare provider, FV Hospital, for approximately
US$381.4 million (S$517 million). This acquisition represents a strategic
expansion for TMG into one of the region’s most dynamic economies, establishing
a significant foothold in Vietnam, which boasts a population of 98 million.
Key Market Players
- MCKESSON
CORPORATION
- Inizio
- Cardinal Health
- Envoy
Health, Inc.
- EVERSANA
By
Service
|
By
Delivery Type
|
By
Region
|
- Program
Enrollment
- Order
Processing
- Application
Processing
- Ease
of Enrollment (Through Phone, Face, Portal, or App)
- Program
Data
- Treatment
Navigators
- Process
Flows and Standard Operating Procedures
- Program
Literature and Scripts
- Care
Team Training
- Systems
Testing and Optimization
- Reimbursement
Services/Affordability Services
- Clinical
Educator
- Coordination
of Specialty Pharmacy/Dispensing
- Others
|
- Integrated
Services
- Standalone
Services
|
- Northern
Vietnam
- Central
Vietnam
- Southern
Vietnam
|
Report Scope:
In this report, the Vietnam Pharma Hub And Patient
Access Support Service Market has been segmented into the following categories,
in addition to the industry trends which have also been detailed below:
- Vietnam Pharma Hub And Patient Access Support
Service Market, By
Service:
o Program Enrollment
o Order Processing
o Application Processing
o Ease of Enrollment (Through Phone, Face, Portal, or
App)
o Program Data
o Treatment Navigators
o Process Flows and Standard Operating Procedures
o Program Literature and Scripts
o Care Team Training
o Systems Testing and Optimization
o Reimbursement Services/Affordability Services
o Clinical Educator
o Coordination of Specialty Pharmacy/Dispensing
o Others
- Vietnam Pharma Hub And Patient Access Support
Service Market, By
Delivery Type:
o Integrated Services
o Standalone Services
- Vietnam Pharma Hub And Patient Access Support
Service 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
Pharma Hub And Patient Access Support Service Market.
Available Customizations:
Vietnam
Pharma Hub And Patient Access Support Service 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).
Vietnam Pharma Hub And Patient Access Support
Service Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at
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