Vietnamese Clinical Laboratories Market, Forecast to 2025
Vietnamese Clinical Laboratories Market, Forecast to 2025
Increase in Universal Health Support for Private Healthcare will Boost Test Volumes in Both Public and Private Sectors
01-Apr-2019
Asia Pacific
Description
Clinical laboratories are an essential part of the health industry. Approximately 80% of physicians' diagnoses is estimated to be the result of laboratory tests. The constant pressure to reduce healthcare spending is shifting healthcare application in favor of the laboratory, making it a more valuable part of the treatment plan.
Vietnam CLT market is growing at a healthy rate, driven by plans to build new hospitals, upgrade existing public hospitals, and greater budget allocation for lab services. Hence, there are opportunities for clinical labs to grow, as they will attract international players to invest and capitalize on the available opportunities.
Vietnam’s UHC aims to provide health insurance for 80% of its population by 2020. It has covered more than 70% of the population by the end of 2015. The UHC plan targets minority groups and the poor and near-poor population, providing the highest possible coverage. In addition to basic hospital fees, the plan covers medicine, testing, and a large portion of hospital fees for cancer patients.
As the private sector continues to attract the affluent population, the demand for screening of infectious diseases will rise. It will fuel growth of routine and specialized tests. Key opportunities for future in the market include clinical test outsourcing to independent labs. There are opportunities for private independent labs to grow, as the government is keen on public-private partnerships to ease the burden on its healthcare infrastructure by providing healthcare coverage that can make private healthcare more accessible. Opportunities also exist to meet healthcare demands outside Vietnam's major cities, where hospitals and lab services are not saturated. Thus, this report will help key players in the industry to better understand market-entrant opportunities. There are opportunities for private independent labs to grow, as the government is keen on
public-private partnerships to ease the burden on its healthcare infrastructure by providing healthcare coverage that can make private healthcare more accessible. Despite these efforts, patients are skeptical of private healthcare quality, as many labs are not accredited.
Key Issues Addressed
- How has Vietnam’s clinical labs market changed over the years?
- What impact will new regulations have on labs? What are the new procedures that need to be adopted to gain approvals? How would this affect manufacturers?
- Which is the type of testing that is experiencing maximum growth and why?
- What are the new business models that can change care delivery?
- Which are the segments that hold significant opportunities for manufacturer sales?
- What were the acquisition trends witnessed in the last few years? How will this change?
Table of Contents
Key Findings
Key Trends
Key Questions this Study will Answer
Executive Summary—Market Engineering Measurements
Key Companies to Watch
3 Big Predictions
Scope and Segmentation
Market Segmentation
Market Segmentation (continued)
Market Overview
Market Overview (continued)
Market Overview (continued)
Market Overview (continued)
Market Overview (continued)
Market Overview (continued)
Market Overview (continued)
Impact of Trends on the Clinical Laboratories Market
Defining Healthcare Trends in the Future
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Impact Mapping of Drivers and Restraints
Vietnam Laboratory Clinic—Overview
Laboratory Clinic Set-up According to ISO/IEC 17025:2005
Healthcare Foreign Investment Regulations
Forecast Assumptions
Market Engineering Measurements
Revenue Forecast
Revenue Forecast by Segment
Revenue Forecast Discussion
Market Share Analysis
Competitive Structure
Merger, Acquisition, and Partnership Assessment
Clinical Laboratories Market Access in Vietnam—Game-changing Strategies
Company Information—Medic Lab
Company Information—Medlatec
Company Information—Hoan My
Industry Value Chain
Major Growth Opportunities
Growth Opportunity 1—Test Type
Growth Opportunity 2—Centralized Lab Systems
Growth Opportunity 3—Data Management
Growth Opportunity 4—Super-Specialty Clinic
Strategic Imperatives for Vietnam’s Clinical Laboratories Market
The Last Word—3 Big Predictions
Legal Disclaimer
List of Exhibits
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Related Research
Popular Topics
No Index | No |
---|---|
Podcast | No |
Author | Sanjeev Kumar |
Industries | Healthcare |
WIP Number | 9AB9-00-A2-00-00 |
Is Prebook | No |
GPS Codes | 9600-B1,99C1-B1,99C6-B1,9837-B1,9611-B1,9627-B1 |