Vietnam Diagnostic Tests Market Set to Grow at 24.31% CAGR by 2030 – MarkNtel
Vietnam Diagnostic Tests Market: Key Dynamics, Size & Share Analysis
As per MarkNtel Advisors 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, ie, 2025-30.
Vietnam Diagnostic Tests Market Drivers:
Rising Prevalence of Chronic Diseases Driving Market Growth – The high incidence of chronic diseases, like diabetes, cardiovascular disease, cancer, respiratory diseases, kidney disorders, liver disease, and many more in the country, is driving the market growth. For instance, in 2024, approximately 7 million Vietnamese citizens were diagnosed with diabetes. Similarly, as of 2024, around 12 million people in the country are living with hypertension, contributing to the market growth.
Additionally, every year, almost 2,00,000 new cancer cases are added in the country, which is confirmed by various diagnostic tests such as biopsies, molecular diagnostics, etc., thus increasing the market demand. Also, the major cause of death in Vietnam is the high prevalence of cardiovascular diseases, which is responsible for about 30% of the total deaths per year. Moreover, about 12% of the country's population has chronic kidney disease as of 2024. Likewise, the high prevalence of many other chronic diseases is increasing the diagnostic testing market in the country.
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Vietnam Diagnostic Tests Market Systems Market Segmentation:
-By Product Type
- Immunoassay-Based Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Molecular Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Clinical Chemistry Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Hematology Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Microbiology Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Rapid/Point-of-Care Diagnostic Tests- Market Size & Forecast 2020–2030, USD Million
- Others
-By End Users
- Hospital-Based Laboratories- Market Size & Forecast 2020–2030, USD Million
- Diagnostic Centers/Stand-alone Labs- Market Size & Forecast 2020–2030, USD Million
- Clinics- Market Size & Forecast 2020–2030, USD Million
- Home Care- Market Size & Forecast 2020–2030, USD Million
- Research Institutes- Market Size & Forecast 2020–2030, USD Million
- Others
Geographical Analysis of the Vietnam Diagnostic Tests Market
-By Region
- Northern
- Central
- Southern
- Southeast
- Mekong Delta
T ap into future trends and opportunities shaping the Vietnam Diagnostic Tests view the complete report: https://www.marknteladvisors.com/research-library/diagnostic-tests-market-vietnam.html
- 2024: Siemens Healthineers supported the opening of CarePlus Imaging Center in Ho Chi Minh City, supplying AI-integrated MAGNETOM Sempra MRI and SOMATOM go. All CT systems are to enhance diagnostic precision in oncology, cardiovascular, and neurological screening.
- 2024: Roche Vietnam Co., Ltd., on its 30th anniversary, plans to launch new ophthalmology diagnostic technologies in Vietnam, aiming to improve early detection and treatment of serious eye diseases.
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Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
- In-depth pricing trends and segment-wise cost evaluations
- Key industry strategies, including innovation, partnerships, and acquisitions
- Critical value chain analysis and stakeholder profiling
- Regional import-export market insights and trade flow assessment
- Thorough competitive benchmarking of top hearing aid manufacturers
- Identification of new growth opportunities and niche market segments
- Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the Vietnam Diagnostic Tests Market are:
- Roche Vietnam Co., Ltd.
- Siemens Healthineers (Vietnam) Co., Ltd.
- Abbott Laboratories SA (Vietnam)
- Danaher Corporation (Beckman Coulter Vietnam)
- Becton, Dickinson and Company (Vietnam BD)
- Thermo Fisher Scientific (Vietnam)
- Bio-Rad Laboratories (Vietnam)
- Medtronic Vietnam
- Viet A Corporation
- Medicon Co., Ltd
- Sao Thai Duong Joint Stock Company
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods . Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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