Vietnam emergency medical services ems products market Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030
Description
Vietnam Emergency Medical Services (EMS) Products Market Overview
The Vietnam Emergency Medical Services (EMS) Products Market is valued at USD 1.2 billion, based on a five-year historical analysis. This growth is primarily driven by increasing healthcare investments, rising demand for advanced medical equipment, and a growing awareness of emergency medical services among the population. The expansion of healthcare infrastructure and the need for efficient emergency response systems have further fueled market growth. The
oader medical devices market in Vietnam is projected to reach USD 1.8 billion by 2025, reflecting robust sectoral expansion and underscoring the significance of EMS products within the healthcare ecosystem.
Key cities such as Ho Chi Minh City, Hanoi, and Da Nang dominate the market due to their high population density, advanced healthcare facilities, and significant government investments in emergency medical services. These urban centers are also the focal points for healthcare innovation and technology adoption, making them critical to the growth of the EMS products market.
In 2023, the Vietnamese government implemented the National Technical Regulation on Emergency Medical Services Equipment (QCVN 01:2023/BYT) issued by the Ministry of Health, mandating that all emergency medical service providers must equip their ambulances with advanced life support (ALS) systems. This regulation specifies minimum equipment standards for ambulances, including defi
illators, ventilators, and monitoring devices, and requires compliance for licensing and operational approval. The aim is to enhance the quality of emergency care and ensure that patients receive timely and effective treatment during transport, thereby improving overall health outcomes in the country.
Vietnam Emergency Medical Services (EMS) Products Market Segmentation
By Type:
The EMS products market can be segmented into various types, including Ambulance Equipment, Medical Supplies, Communication Devices, Monitoring Equipment, Rescue Tools, Personal Protective Equipment (PPE), Defi
illators, Ventilators, Stretchers & Patient Transport Devices, and Others. Among these, Medical Supplies and Ambulance Equipment are the leading segments due to their essential role in emergency response and patient care. The increasing demand for high-quality medical supplies, driven by the growing number of emergency cases, has significantly contributed to the market's expansion. The regulatory emphasis on ALS systems has also accelerated adoption of advanced monitoring and life-support equipment in ambulances.
By End-User:
The EMS products market is segmented by end-users, including Public Hospitals, Private Hospitals, Emergency Medical Service Providers, NGOs & Humanitarian Organizations, Corporate/Industrial Emergency Response Teams, Military & Government Agencies, and Others. Public Hospitals and Emergency Medical Service Providers are the dominant segments, driven by the increasing number of emergency cases and the need for efficient medical response systems. The growing collaboration between public hospitals and private entities has also enhanced the demand for EMS products. The hospital sector in Vietnam is forecasted to reach USD 9.9 billion by the end of 2024, indicating a substantial base for EMS product consumption.
Vietnam Emergency Medical Services (EMS) Products Market Competitive Landscape
The Vietnam Emergency Medical Services (EMS) Products Market is characterized by a dynamic mix of regional and international players. Leading participants such as Viettel Group, Vingroup Joint Stock Company (Vinmec Healthcare System), Hoan My Medical Corporation, Hanoi Medical Equipment and Pharmaceutical Joint Stock Company (HAMEPHARM), Medtronic Vietnam Co., Ltd., Johnson & Johnson Vietnam Co., Ltd., Siemens Healthineers Vietnam Co., Ltd., Philips Vietnam Co., Ltd., GE Healthcare Vietnam Co., Ltd., B.
aun Vietnam Co., Ltd., Abbott Laboratories S.A. Vietnam, Fresenius Kabi Vietnam Co., Ltd., Stryker Vietnam Co., Ltd., Olympus Vietnam Co., Ltd., 3M Vietnam Co., Ltd., Hope Ambulance Service Vietnam, Asia Medvac Services Vietnam, Red Ambulance Services Vietnam contribute to innovation, geographic expansion, and service delivery in this space.
Viettel Group
2004
Hanoi, Vietnam
Vingroup Joint Stock Company (Vinmec Healthcare System)
2012
Hanoi, Vietnam
Hoan My Medical Corporation
1997
Ho Chi Minh City, Vietnam
Hanoi Medical Equipment and Pharmaceutical Joint Stock Company (HAMEPHARM)
2000
Hanoi, Vietnam
Medtronic Vietnam Co., Ltd.
1994
Ho Chi Minh City, Vietnam
Company
Establishment Year
Headquarters
Company Size (Large, Medium, Small)
Annual Revenue (USD/VND)
Revenue Growth Rate (%)
Market Share (%)
Product Portfolio
eadth (Number of EMS SKUs)
R&D/Innovation Spend (% of Revenue)
Vietnam Emergency Medical Services (EMS) Products Market Industry Analysis
Growth Drivers
Increasing Demand for Advanced Medical Equipment:
The Vietnamese healthcare sector is projected to reach $20 billion by 2024, driven by a growing population and rising health concerns. This surge in demand for advanced medical equipment, including EMS products, is evident as the government aims to enhance emergency response capabilities. The Ministry of Health reported a 15% increase in budget allocation for medical equipment, emphasizing the need for modernized EMS solutions to improve patient outcomes and operational efficiency.
Government Investment in Healthcare Infrastructure:
Vietnam's government has committed approximately $1.5 billion to healthcare infrastructure development in future, focusing on enhancing emergency medical services. This investment aims to build new hospitals and upgrade existing facilities, which will directly increase the demand for EMS products. The establishment of 1,000 new ambulances and emergency response units is expected, significantly boosting the market for advanced EMS equipment and technologies.
Rising Awareness of Emergency Medical Services:
Public awareness regarding the importance of emergency medical services has increased, with 70% of the population recognizing the need for timely medical assistance. This awareness is supported by government campaigns and educational programs, leading to a higher demand for EMS products. The Vietnam National Health Strategy aims to reduce emergency response times by 30% in future, further driving the need for efficient EMS solutions and equipment.
Market Challenges
Limited Budget Allocation for EMS:
Despite the growing demand for EMS products, budget constraints remain a significant challenge. The Vietnamese government allocates only 5% of its total healthcare budget to emergency services, which is insufficient to meet the increasing needs. This limited funding hampers the procurement of advanced EMS equipment and the expansion of services, ultimately affecting the quality of emergency care provided to the population.
Inadequate Training for EMS Personnel:
The lack of comprehensive training programs for EMS personnel poses a challenge to the effective utilization of advanced medical equipment. Currently, only 40% of EMS staff receive adequate training, leading to inefficiencies in emergency response. The Ministry of Health has identified the need for improved training initiatives, but the implementation of these programs is slow, hindering the overall effectiveness of EMS operations in Vietnam.
Vietnam Emergency Medical Services (EMS) Products Market Future Outlook
The future of the Vietnam EMS products market appears promising, driven by ongoing government initiatives and increasing public awareness. As the healthcare infrastructure continues to develop, the demand for advanced EMS solutions is expected to rise significantly. Innovations in telemedicine and mobile EMS technologies will likely enhance service delivery, while partnerships with international providers can facilitate knowledge transfer and improve service quality. Overall, the market is poised for growth, addressing both current challenges and emerging opportunities.
Market Opportunities
Expansion of Private Healthcare Facilities:
The rise of private healthcare facilities in Vietnam presents a significant opportunity for EMS product suppliers. With over 300 private hospitals projected to open in future, there will be an increased demand for advanced EMS equipment. This growth can lead to enhanced service offerings and improved patient care, creating a lucrative market for innovative EMS solutions.
Development of Telemedicine Solutions:
The growing trend of telemedicine in Vietnam offers a unique opportunity for EMS providers to integrate technology into their services. With an estimated 15 million telemedicine consultations expected in future, EMS products that incorporate telehealth capabilities can enhance patient monitoring and emergency response. This integration can significantly improve healthcare delivery, especially in remote areas, driving demand for advanced EMS technologies.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
The Vietnam Emergency Medical Services (EMS) Products Market is valued at USD 1.2 billion, based on a five-year historical analysis. This growth is primarily driven by increasing healthcare investments, rising demand for advanced medical equipment, and a growing awareness of emergency medical services among the population. The expansion of healthcare infrastructure and the need for efficient emergency response systems have further fueled market growth. The
oader medical devices market in Vietnam is projected to reach USD 1.8 billion by 2025, reflecting robust sectoral expansion and underscoring the significance of EMS products within the healthcare ecosystem.
Key cities such as Ho Chi Minh City, Hanoi, and Da Nang dominate the market due to their high population density, advanced healthcare facilities, and significant government investments in emergency medical services. These urban centers are also the focal points for healthcare innovation and technology adoption, making them critical to the growth of the EMS products market.
In 2023, the Vietnamese government implemented the National Technical Regulation on Emergency Medical Services Equipment (QCVN 01:2023/BYT) issued by the Ministry of Health, mandating that all emergency medical service providers must equip their ambulances with advanced life support (ALS) systems. This regulation specifies minimum equipment standards for ambulances, including defi
illators, ventilators, and monitoring devices, and requires compliance for licensing and operational approval. The aim is to enhance the quality of emergency care and ensure that patients receive timely and effective treatment during transport, thereby improving overall health outcomes in the country.
Vietnam Emergency Medical Services (EMS) Products Market Segmentation
By Type:
The EMS products market can be segmented into various types, including Ambulance Equipment, Medical Supplies, Communication Devices, Monitoring Equipment, Rescue Tools, Personal Protective Equipment (PPE), Defi
illators, Ventilators, Stretchers & Patient Transport Devices, and Others. Among these, Medical Supplies and Ambulance Equipment are the leading segments due to their essential role in emergency response and patient care. The increasing demand for high-quality medical supplies, driven by the growing number of emergency cases, has significantly contributed to the market's expansion. The regulatory emphasis on ALS systems has also accelerated adoption of advanced monitoring and life-support equipment in ambulances.
By End-User:
The EMS products market is segmented by end-users, including Public Hospitals, Private Hospitals, Emergency Medical Service Providers, NGOs & Humanitarian Organizations, Corporate/Industrial Emergency Response Teams, Military & Government Agencies, and Others. Public Hospitals and Emergency Medical Service Providers are the dominant segments, driven by the increasing number of emergency cases and the need for efficient medical response systems. The growing collaboration between public hospitals and private entities has also enhanced the demand for EMS products. The hospital sector in Vietnam is forecasted to reach USD 9.9 billion by the end of 2024, indicating a substantial base for EMS product consumption.
Vietnam Emergency Medical Services (EMS) Products Market Competitive Landscape
The Vietnam Emergency Medical Services (EMS) Products Market is characterized by a dynamic mix of regional and international players. Leading participants such as Viettel Group, Vingroup Joint Stock Company (Vinmec Healthcare System), Hoan My Medical Corporation, Hanoi Medical Equipment and Pharmaceutical Joint Stock Company (HAMEPHARM), Medtronic Vietnam Co., Ltd., Johnson & Johnson Vietnam Co., Ltd., Siemens Healthineers Vietnam Co., Ltd., Philips Vietnam Co., Ltd., GE Healthcare Vietnam Co., Ltd., B.
aun Vietnam Co., Ltd., Abbott Laboratories S.A. Vietnam, Fresenius Kabi Vietnam Co., Ltd., Stryker Vietnam Co., Ltd., Olympus Vietnam Co., Ltd., 3M Vietnam Co., Ltd., Hope Ambulance Service Vietnam, Asia Medvac Services Vietnam, Red Ambulance Services Vietnam contribute to innovation, geographic expansion, and service delivery in this space.
Viettel Group
2004
Hanoi, Vietnam
Vingroup Joint Stock Company (Vinmec Healthcare System)
2012
Hanoi, Vietnam
Hoan My Medical Corporation
1997
Ho Chi Minh City, Vietnam
Hanoi Medical Equipment and Pharmaceutical Joint Stock Company (HAMEPHARM)
2000
Hanoi, Vietnam
Medtronic Vietnam Co., Ltd.
1994
Ho Chi Minh City, Vietnam
Company
Establishment Year
Headquarters
Company Size (Large, Medium, Small)
Annual Revenue (USD/VND)
Revenue Growth Rate (%)
Market Share (%)
Product Portfolio
eadth (Number of EMS SKUs)
R&D/Innovation Spend (% of Revenue)
Vietnam Emergency Medical Services (EMS) Products Market Industry Analysis
Growth Drivers
Increasing Demand for Advanced Medical Equipment:
The Vietnamese healthcare sector is projected to reach $20 billion by 2024, driven by a growing population and rising health concerns. This surge in demand for advanced medical equipment, including EMS products, is evident as the government aims to enhance emergency response capabilities. The Ministry of Health reported a 15% increase in budget allocation for medical equipment, emphasizing the need for modernized EMS solutions to improve patient outcomes and operational efficiency.
Government Investment in Healthcare Infrastructure:
Vietnam's government has committed approximately $1.5 billion to healthcare infrastructure development in future, focusing on enhancing emergency medical services. This investment aims to build new hospitals and upgrade existing facilities, which will directly increase the demand for EMS products. The establishment of 1,000 new ambulances and emergency response units is expected, significantly boosting the market for advanced EMS equipment and technologies.
Rising Awareness of Emergency Medical Services:
Public awareness regarding the importance of emergency medical services has increased, with 70% of the population recognizing the need for timely medical assistance. This awareness is supported by government campaigns and educational programs, leading to a higher demand for EMS products. The Vietnam National Health Strategy aims to reduce emergency response times by 30% in future, further driving the need for efficient EMS solutions and equipment.
Market Challenges
Limited Budget Allocation for EMS:
Despite the growing demand for EMS products, budget constraints remain a significant challenge. The Vietnamese government allocates only 5% of its total healthcare budget to emergency services, which is insufficient to meet the increasing needs. This limited funding hampers the procurement of advanced EMS equipment and the expansion of services, ultimately affecting the quality of emergency care provided to the population.
Inadequate Training for EMS Personnel:
The lack of comprehensive training programs for EMS personnel poses a challenge to the effective utilization of advanced medical equipment. Currently, only 40% of EMS staff receive adequate training, leading to inefficiencies in emergency response. The Ministry of Health has identified the need for improved training initiatives, but the implementation of these programs is slow, hindering the overall effectiveness of EMS operations in Vietnam.
Vietnam Emergency Medical Services (EMS) Products Market Future Outlook
The future of the Vietnam EMS products market appears promising, driven by ongoing government initiatives and increasing public awareness. As the healthcare infrastructure continues to develop, the demand for advanced EMS solutions is expected to rise significantly. Innovations in telemedicine and mobile EMS technologies will likely enhance service delivery, while partnerships with international providers can facilitate knowledge transfer and improve service quality. Overall, the market is poised for growth, addressing both current challenges and emerging opportunities.
Market Opportunities
Expansion of Private Healthcare Facilities:
The rise of private healthcare facilities in Vietnam presents a significant opportunity for EMS product suppliers. With over 300 private hospitals projected to open in future, there will be an increased demand for advanced EMS equipment. This growth can lead to enhanced service offerings and improved patient care, creating a lucrative market for innovative EMS solutions.
Development of Telemedicine Solutions:
The growing trend of telemedicine in Vietnam offers a unique opportunity for EMS providers to integrate technology into their services. With an estimated 15 million telemedicine consultations expected in future, EMS products that incorporate telehealth capabilities can enhance patient monitoring and emergency response. This integration can significantly improve healthcare delivery, especially in remote areas, driving demand for advanced EMS technologies.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
Table of Contents
82 Pages
- 1. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Overview
- 1.1. Definition and Scope
- 1.2. Market Taxonomy
- 1.3. Market Growth Rate
- 1.4. Market Segmentation Overview
- 2. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Size (in USD Bn), 2019–2024
- 2.1. Historical Market Size
- 2.2. Year-on-Year Growth Analysis
- 2.3. Key Market Developments and Milestones
- 3. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Analysis
- 3.1. Growth Drivers
- 3.1.1. Increasing demand for advanced medical equipment
- 3.1.2. Government investment in healthcare infrastructure
- 3.1.3. Rising awareness of emergency medical services
- 3.1.4. Technological advancements in EMS products
- 3.2. Restraints
- 3.2.1. Limited budget allocation for EMS
- 3.2.2. Inadequate training for EMS personnel
- 3.2.3. Regulatory hurdles in product approvals
- 3.2.4. Competition from low-cost alternatives
- 3.3. Opportunities
- 3.3.1. Expansion of private healthcare facilities
- 3.3.2. Partnerships with international EMS providers
- 3.3.3. Development of telemedicine solutions
- 3.3.4. Increasing focus on disaster management preparedness
- 3.4. Trends
- 3.4.1. Shift towards mobile and portable EMS solutions
- 3.4.2. Integration of AI and IoT in EMS products
- 3.4.3. Growing emphasis on patient-centered care
- 3.4.4. Rise in demand for eco-friendly EMS products
- 3.5. Government Regulation
- 3.5.1. Compliance with international safety standards
- 3.5.2. Licensing requirements for EMS providers
- 3.5.3. Regulations on medical device manufacturing
- 3.5.4. Policies promoting public-private partnerships in healthcare
- 3.6. SWOT Analysis
- 3.7. Stakeholder Ecosystem
- 3.8. Competition Ecosystem
- 4. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Segmentation, 2024
- 4.1. By Product Type (in Value %)
- 4.1.1. Ambulance Equipment
- 4.1.2. Medical Supplies
- 4.1.3. Communication Devices
- 4.1.4. Monitoring Equipment
- 4.1.5. Others
- 4.2. By End-User (in Value %)
- 4.2.1. Public Hospitals
- 4.2.2. Private Hospitals
- 4.2.3. Emergency Medical Service Providers
- 4.2.4. NGOs & Humanitarian Organizations
- 4.2.5. Others
- 4.3. By Application (in Value %)
- 4.3.1. Pre-Hospital Emergency Care
- 4.3.2. Patient Transport
- 4.3.3. Disaster & Mass Casualty Management
- 4.3.4. Others
- 4.4. By Distribution Channel (in Value %)
- 4.4.1. Direct Tender/Procurement
- 4.4.2. Distributors/Dealers
- 4.4.3. Online Platforms
- 4.4.4. Retail Pharmacies/Medical Stores
- 4.5. By Price Range (in Value %)
- 4.5.1. Economy
- 4.5.2. Mid-Range
- 4.5.3. Premium
- 4.5.4. Others
- 4.6. By Region (in Value %)
- 4.6.1. Northern Vietnam
- 4.6.2. Southern Vietnam
- 4.6.3. Central Vietnam
- 4.6.4. Northeastern Vietnam
- 4.6.5. Northwestern Vietnam
- 4.6.6. Southwestern Vietnam
- 4.6.7. Urban Areas
- 5. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Cross Comparison
- 5.1. Detailed Profiles of Major Companies
- 5.1.1. Viettel Group
- 5.1.2. Vingroup Joint Stock Company (Vinmec Healthcare System)
- 5.1.3. Hoan My Medical Corporation
- 5.1.4. Hanoi Medical Equipment and Pharmaceutical Joint Stock Company (HAMEPHARM)
- 5.1.5. Medtronic Vietnam Co., Ltd.
- 5.2. Cross Comparison Parameters
- 5.2.1. Company Size (Large, Medium, Small)
- 5.2.2. Annual Revenue (USD/VND)
- 5.2.3. Market Share (%)
- 5.2.4. Product Portfolio Breadth (Number of EMS SKUs)
- 5.2.5. Distribution Network Coverage (Number of Provinces/Cities)
- 6. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Regulatory Framework
- 6.1. Compliance Standards
- 6.2. Compliance Requirements and Audits
- 6.3. Certification Processes
- 7. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Future Size (in USD Bn), 2025–2030
- 7.1. Future Market Size Projections
- 7.2. Key Factors Driving Future Market Growth
- 8. Vietnam emergency medical services ems products Size, Share, Growth Drivers, Trends, Opportunities & – Market Future Segmentation, 2030
- 8.1. By Product Type (in Value %)
- 8.2. By End-User (in Value %)
- 8.3. By Application (in Value %)
- 8.4. By Distribution Channel (in Value %)
- 8.5. By Price Range (in Value %)
- 8.6. By Region (in Value %)
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