Vietnam Diagnostic Tests Market 2030: Strategies of Forecast Insights

 

Future Vietnam Diagnostic Tests Market: Key Dynamics, Size & Share Analysis

The Vietnam Diagnostic Tests Market size was valued at around USD 1.84 billion in 2024 and is expected to reach USD 6.79 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 24.31% during the forecast period, i.e., 2025-30. The Vietnam Diagnostic Tests Market is significantly growing due to several growth factors, including the high incidence of chronic diseases, like cardiovascular diseases, kidney disorders, diabetes, hypertension, infectious diseases, and many more in the country, the rising government support through significant investments, the rapid shift towards digitalization, the adoption of technological advancement like AI with the diagnostic tools and software, etc. One of the major growth factors is the rising public awareness about early disease detection for better treatments is increasing the number of regular checkups and screenings, thus uplifting the market size & volume.

Top Challenges Impacting the Vietnam Diagnostic Tests Market Growth

Limited Infrastructure & High Costs – The hospitals, especially in rural and remote areas of the country, lack suitable infrastructure for the establishment of advanced diagnostic machinery, thus hindering the market growth. Out of these facilities, several hospitals are still relying on the outdated diagnostic tools, including X-ray machines for diagnostic purposes, thus hindering the market growth & expansion.

Additionally, the diagnostic tests are costly, which puts a financial barrier to a major population in the country and limits the market growth. For instance, the MRI machines cost about USD3 million. Similarly, a single PCR test can cost up to USD50, while that of biopsies is approximately USD150. Also, the biopsy costs exceed USD300 in Vietnam. These are negatively impacting the diagnostic tests market, thus restraining the market growth.

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Understanding the Core Segments in the Vietnam Diagnostic Tests Market

Vietnam Diagnostic Tests Market Size, Share & Industry Trends Analysis- By Product Type (Immunoassay-Based Diagnostic Tests, Molecular Diagnostic Tests, Clinical Chemistry Diagnostic Tests, Hematology Diagnostic Tests, Microbiology Diagnostic Tests, Rapid/Point-of-Care Diagnostic Tests, Others), By End Users (Hospital-Based Laboratories, Diagnostic Centers/Stand-alone Labs, Clinics, Home Care, Research Institutes) and Others

Who Dominates the Vietnam Diagnostic Tests Market Insights on Key Industry Players?

Companies are strengthening their presence in the Vietnam Diagnostic Tests market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Roche Vietnam Co., Ltd.
  • Siemens Healthineers (Vietnam) Co., Ltd.
  • Abbott Laboratories S.A. (Vietnam)
  • Danaher Corporation (Beckman Coulter Vietnam)
  • Becton, Dickinson and Company (BD Vietnam)
  • Thermo Fisher Scientific (Vietnam)
  • Bio-Rad Laboratories (Vietnam)
  • Medtronic Vietnam
  • Viet A Corporation
  • Medicon Co., Ltd
  • Sao Thai Duong Joint Stock Company
  • Others

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"This report equips decision-makers with actionable intelligence, enabling them to navigate market complexities with confidence and foresight."

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