Vietnam Neurostimulation Devices Market Size, Share, Trends and Forecast by Stimulation Type, Device Type, Application, End User, and Region, 2025-2033

Vietnam Neurostimulation Devices Market Overview:

The Vietnam neurostimulation devices market size reached USD 38.40 Million in 2024. The market is projected to reach USD 84.58 Million by 2033, exhibiting a growth rate (CAGR) of 9.17% during 2025-2033. The market is fueled by the growing elderly population in the country generating greater demand for neurological disorder management. In addition, high government expenditure on healthcare infrastructure and universal health coverage expansion facilitates market growth. The growing medical device market in the country with favorable regulatory reforms and rising foreign investment. These elements are contributing together to drive the Vietnam neurostimulation devices market share.

Vietnam Neurostimulation Devices Market Trends:

Rapidly Aging Population Driving Demand for Neurological Disorder Management

Vietnam is experiencing one of the fastest demographic transitions in Southeast Asia, characterized by a rapidly aging population that is fundamentally reshaping healthcare demand. The country's population structure is shifting dramatically. 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 accelerated aging trajectory positions Vietnam to transition from an aging society to an aged society. Simultaneously, the life expectancy in the country has increased from 65.5 years in 1993 to 74.7 years in 2024, reflecting improved healthcare outcomes but also contributing to the growing elderly population. The elderly population shift is driving increased prevalence of age-related neurological conditions, including Parkinson's disease, essential tremor, chronic pain, epilepsy, and other disorders that can be effectively managed through neurostimulation therapies. The aging population trend is creating substantial pressure on Vietnam's healthcare system to provide effective treatment options for neurological disorders, positioning neurostimulation devices as increasingly critical therapeutic solutions for managing these conditions and improving the quality of life for elderly patients.

Government Healthcare Infrastructure Investment and Universal Health Coverage Expansion

The Vietnamese government is implementing comprehensive strategies to modernize and expand healthcare infrastructure, creating a favorable environment for advanced medical technologies, including neurostimulation devices. As per industry reports, Vietnam has set ambitious national goals to expand hospital bed availability, aiming for 33 beds per 10,000 people by 2025 and 35 beds per 10,000 by 2030, with a long-term objective of achieving 45 beds per 10,000 by 2050. Moreover, the government is actively promoting healthcare socialization through public-private partnerships, equitization programs, and joint ventures to encourage non-state investment in healthcare facilities. The country is advancing steadily toward universal health coverage, with about 93.4 percent of the population insured in 2024, while nearly 13,000 public and private healthcare facilities collectively recorded more than 174 Million patient visits. Additionally, the government launched the Telemedicine Examination and Treatment project covering 2020-2025, which aims to integrate twenty-four upper-level hospitals into a national telemedicine network to improve healthcare access across the country. These initiatives are establishing the digital infrastructure and connectivity necessary for advanced medical device deployment, including remote monitoring and programming capabilities increasingly available in modern neurostimulation systems. The government's commitment to healthcare modernization and expansion is creating opportunities for the Vietnam neurostimulation devices market growth as hospitals and medical facilities seek to adopt advanced therapeutic technologies.

Vietnam Neurostimulation 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 stimulation type, device type, application, and end user.

Stimulation Type Insights:

• Internal Stimulation
• External Stimulation

The report has provided a detailed breakup and analysis of the market based on the stimulation type. This includes internal stimulation and external stimulation.

Device Type Insights:

• SCS (Spinal Cord Stimulation) Devices
• DBS (Deep Brain Stimulation) Devices
• SNS (Sacral Nerve Stimulation) Devices
• VNS (Vagus Nerve Stimulation) Devices
• GES (Gastric Electrical Stimulation) Devices
• Transcutaneous Electrical Nerve Stimulation Devices
• Transcranial Magnetic Stimulation Devices
• Others

A detailed breakup and analysis of the market based on the device type have also been provided in the report. This includes SCS (Spinal Cord Stimulation) devices, DBS (Deep Brain Stimulation) devices, SNS (Sacral Nerve Stimulation) devices, VNS (Vagus Nerve Stimulation) devices, GES (Gastric Electrical Stimulation) devices, transcutaneous electrical nerve stimulation devices, transcranial magnetic stimulation devices, and others.

Application Insights:

• Pain Management
• Epilepsy
• Essential Tremors
• Urinary and Fecal Incontinence
• Depression
• Dystonia
• Parkinson's Disease
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes pain management, epilepsy, essential tremors, urinary and fecal incontinence, depression, dystonia, Parkinson's disease, and others.

End User Insights:

• Rehabilitation Centers
• Hospitals
• Medical Clinics
• Others

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes rehabilitation centers, hospitals, medical clinics, 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 Neurostimulation Devices Market Report Coverage:

Key Questions Answered in This Report:

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