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Vietnam Home Healthcare Market Report by Product (Therapeutic Products, Testing, Screening, and Monitoring Products, Mobility Care Products), Service (Skilled Nursing, Rehabilitation Therapy, Hospice and Palliative Care, Unskilled Care, Respiratory Therapy, Infusion Therapy, Pregnancy Care), Indication (Cancer, Respiratory Diseases, Movement Disorders, Cardiovascular Diseases and Hypertension, Pregnancy, Wound Care, Diabetes, Hearing Disorders, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A19763
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Market Overview:
Vietnam home healthcare market size is projected to exhibit a growth rate (CAGR) of 10.30% during 2024-2032. The rising preferences among elderly people to receive medical care in the familiarity of their homes, technological advancements in the healthcare industry, and integration of telemedicine into home healthcare services represent some of the key factors driving the market.
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Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023 |
|
Forecast Years
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2024-2032 |
|
Historical Years
|
2018-2023
|
| Market Growth Rate (2024-2032) | 10.30% |
Home healthcare refers to the provision of medical and non-medical services to individuals in the comfort of their homes. It involves a team of healthcare professionals, including nurses, therapists, and aides, who deliver personalized care and support to patients. It is tailored to the unique needs of each patient to meet their specific medical and non-medical requirements. It encourages the involvement of family members in the caregiving process, fostering a supportive environment for patients. It aids in eliminating the need for travel to healthcare facilities and can help prevent hospital readmissions. It is more cost-effective as compared to hospital stays or long-term care facilities, reducing overall healthcare expenses. It helps in managing chronic diseases, such as diabetes and heart conditions, by providing ongoing monitoring and support. As it emphasizes patient preferences and comfort, aligning with the trend towards more patient-centered healthcare delivery, the demand for home healthcare is rising in Vietnam.
Vietnam Home Healthcare Market Trends:
The growing aging population in Vietnam and rising preferences among elderly population to receive medical care in the familiarity of their homes represent one of the primary factors catalyzing the demand for home healthcare services. Additionally, the increasing prevalence of chronic diseases, such as diabetes, heart disease, and respiratory disorders, is driving the need for healthcare services in the country. Along with this, the increasing shift towards patient-centric care is influencing the market positively. Apart from this, technological advancements in the healthcare industry are strengthening the growth of the market in Vietnam. The increasing availability of portable medical devices, telehealth solutions, and electronic health records (EHRs) is making it easier for healthcare professionals to monitor and treat patients remotely. These technological innovations enhance the quality of care and enable real-time communication between patients and their healthcare providers, fostering the market growth in Vietnam. Furthermore, the increasing occurrence of hospital-acquired infections (HAIs) is offering a favorable market outlook. Moreover, the expanding range of services offered in home healthcare beyond traditional medical care is attracting a wider consumer base. Home healthcare agencies provide a wide spectrum of services, including physical, occupational, and speech therapy, palliative care, and specialized care for conditions like Alzheimer's disease. In line with this, the integration of telemedicine into home healthcare services is influencing the market positively in Vietnam. Telehealth allows patients to connect with healthcare professionals remotely, providing consultations, monitoring, and follow-up care. This integration augments the convenience and accessibility of home healthcare. In addition, governing authorities in Vietnam are undertaking initiatives to improve access to quality care, including expanding primary healthcare services and promoting community-based care.
Vietnam Home Healthcare Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, service, and indication.
Product Insights:
- Therapeutic Products
- Testing, Screening, and Monitoring Products
- Mobility Care Products
The report has provided a detailed breakup and analysis of the market based on the product. This includes therapeutic products, testing, screening, and monitoring products, and mobility care products.
Service Insights:
- Skilled Nursing
- Rehabilitation Therapy
- Hospice and Palliative Care
- Unskilled Care
- Respiratory Therapy
- Infusion Therapy
- Pregnancy Care
A detailed breakup and analysis of the market based on the service have also been provided in the report. This includes skilled nursing, rehabilitation therapy, hospice and palliative care, unskilled care, respiratory therapy, infusion therapy, and pregnancy care.
Indication Insights:
- Cancer
- Respiratory Diseases
- Movement Disorders
- Cardiovascular Diseases and Hypertension
- Pregnancy
- Wound Care
- Diabetes
- Hearing Disorders
- Others
The report has provided a detailed breakup and analysis of the market based on the indication. This includes cancer, respiratory diseases, movement disorders, cardiovascular diseases and hypertension, pregnancy, wound care, diabetes, hearing disorders, and others.
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Vietnam Home Healthcare Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Products Covered | Therapeutic Products, Testing, Screening, and Monitoring Products, Mobility Care Products |
| Services Covered | Skilled Nursing, Rehabilitation Therapy, Hospice and Palliative Care, Unskilled Care, Respiratory Therapy, Infusion Therapy, Pregnancy Care |
| Indications Covered | Cancer, Respiratory Diseases, Movement Disorders, Cardiovascular Diseases and Hypertension, Pregnancy, Wound Care, Diabetes, Hearing Disorders, Others |
| Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Vietnam home healthcare market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Vietnam home healthcare market?
- What is the breakup of the Vietnam home healthcare market on the basis of product?
- What is the breakup of the Vietnam home healthcare market on the basis of service?
- What is the breakup of the Vietnam home healthcare market on the basis of indication?
- What are the various stages in the value chain of the Vietnam home healthcare market?
- What are the key driving factors and challenges in the Vietnam home healthcare?
- What is the structure of the Vietnam home healthcare market and who are the key players?
- What is the degree of competition in the Vietnam home healthcare market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam home healthcare market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam home healthcare market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam home healthcare industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
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- For further assistance, please connect with our analysts.
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