Vietnam Neurology Devices Market Size, Share, Trends and Forecast by Type of Device and Region, 2025-2033

Vietnam Neurology Devices Market Overview:

The Vietnam neurology devices market size reached USD 57.60 Million in 2024. The market is projected to reach USD 102.82 Million by 2033, exhibiting a growth rate (CAGR) of 6.65% during 2025-2033. The market is propelled by the escalating burden of stroke and neurological disorders, significant government investment in digital healthcare transformation and infrastructure modernization, and the rapidly aging population requiring advanced neurological interventions. Additionally, the expansion of stroke care facilities and integration of artificial intelligence into diagnostic and treatment systems are augmenting the Vietnam neurology devices market share.

Vietnam Neurology Devices Market Trends:

Rising Burden of Stroke and Neurological Disorders

Vietnam faces a critical public health challenge with stroke and neurological disorders representing the leading cause of death and disability nationwide. The country experiences one of the highest stroke incidence rates in Southeast Asia, significantly exceeding both regional and global averages. According to an industry report published in 2025, stroke incidence reached 222 per 100,000 population in 2019 with a prevalence of 1,541 per 100,000, positioning Vietnam fourth in stroke mortality among eleven neighboring countries. Moreover, key risk factors, including hypertension, unhealthy dietary patterns, elevated fasting plasma glucose, and air pollution, contribute substantially to stroke-related mortality and disability. This escalating disease burden creates sustained demand for advanced neurology devices, including neurothrombectomy systems, neurostimulation equipment, and cerebrospinal fluid management devices. Moreover, healthcare facilities require sophisticated diagnostic and treatment technologies to manage the growing patient population effectively. Also, the prevalence of neurological conditions, including Parkinson's disease, epilepsy, and Alzheimer's disease, further compounds market demand, as these disorders disproportionately affect aging populations and require long-term device-based interventions and monitoring solutions.

Government-Led Digital Healthcare Transformation

The Vietnamese government has initiated an ambitious nationwide digital healthcare transformation program that is fundamentally reshaping medical infrastructure and service delivery systems. In March 2025, the Prime Minister directed that all hospitals must complete the implementation of electronic medical records by September 2025, representing one of the most aggressive digitalization timelines in Southeast Asia. This initiative builds upon the October 2024 launch of electronic health record functionality through the VNeID national identification application, which has already generated 32.1 Million accounts with 14.6 Million integrated accounts. The government allocated VND 30 trillion (approximately USD 1.26 Billion) specifically for healthcare digitalization in 2024, focusing on telemedicine infrastructure, digital health platforms, and artificial intelligence integration across medical services. This digital transformation creates substantial opportunities for neurology device manufacturers to integrate advanced diagnostic equipment, remote monitoring systems, and AI-powered analytical tools into Vietnam's evolving healthcare ecosystem. The interoperability requirements and data connectivity mandates necessitate sophisticated neurology devices capable of seamless integration with electronic medical record systems, population health management platforms, and telemedicine networks, driving the Vietnam neurology devices market growth through technology-enabled care delivery models.

Aging Population Demographics Fueling Demand

Vietnam is experiencing a significant demographic transformation with its rapidly aging population creating unprecedented demand for specialized neurological healthcare services and advanced medical devices. In 2024, individuals aged 65 and older accounted for 9.3 percent of Vietnam's population. By 2034, the nation is expected to transition into an aged society, and by 2049, it is projected to advance to a super-aged society, with more than one-fifth of its population aged 65 and above. This demographic shift directly correlates with increased prevalence of age-related neurological disorders, as advanced age represents the primary risk factor for stroke, neurodegenerative diseases, and cognitive impairments. The aging population simultaneously drives demand across multiple device categories, including neurostimulation systems for Parkinson's disease management, deep brain stimulation devices for movement disorders, and sophisticated imaging equipment for early diagnosis of neurodegenerative conditions. Private healthcare expansion has complemented public sector growth, with international hospital groups and local healthcare providers investing in specialized neurology departments equipped with advanced interventional and diagnostic technologies to serve affluent elderly patients seeking premium care options.

Vietnam Neurology Devices Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type of device.

Type of Device Insights:

• Cerebrospinal Fluid Management Devices
• Interventional Neurology Devices
  • Interventional/Surgical Simulators
  • Neurothrombectomy Devices
  • Carotid Artery Stents
  • Others
• Neurosurgery Devices
  • Neuroendoscopes
  • Stereotactic Systems
  • Others
• Neurostimulation Devices
  • Spinal Cord Stimulation Devices
  • Deep Brain Stimulation Devices
  • Sacral Nerve Stimulation Devices
  • Others
• Others

The report has provided a detailed breakup and analysis of the market based on the type of device. This includes cerebrospinal fluid management devices, interventional neurology devices (interventional/surgical simulators, neurothrombectomy devices, carotid artery stents, and others), neurosurgery devices (neuroendoscopes, stereotactic systems, and others), neurostimulation devices (spinal cord stimulation devices, deep brain stimulation devices, sacral nerve stimulation devices, and others), 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 Neurology Devices Market News:

• July 2024: Bayer Vietnam signed a memorandum of understanding with the Hanoi Stroke Association (HNSA) and the University of Oxford to advance stroke management and scientific research in Vietnam. The collaboration focuses on generating and publishing clinical data, enhancing training programs for healthcare professionals, and addressing existing gaps in evidence-based research to support more informed decision-making. By fostering joint local and international initiatives, the partnership aims to improve patient care standards and accelerate the adoption of best practices in stroke treatment.

Vietnam Neurology Devices Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam neurology devices market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam neurology devices market on the basis of type of device?
• What is the breakup of the Vietnam neurology devices market on the basis of region?
• What are the various stages in the value chain of the Vietnam neurology devices market?
• What are the key driving factors and challenges in the Vietnam neurology devices market?
• What is the structure of the Vietnam neurology devices market and who are the key players?
• What is the degree of competition in the Vietnam neurology devices 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 neurology devices market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam neurology devices 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 neurology devices 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.