Vietnam's Electronic Health Record (EHR) market size was valued at $xx Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of xx% from 2022 to 2030 and will reach $xx Bn in 2030. Vietnam's EHR market growth is due to the government working on improving the legal framework for healthcare IT systems to ensure data security and privacy. The market is segmented, by application type, and end user. The key market players are FPT, Tri Viet, Allscripts, Cerner, and others.
Vietnam's Electronic Health Record (EHR) market size was valued at $xx Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of xx% from 2022 to 2030 and will reach $xx Bn in 2030. Vietnam has a publicly-funded healthcare system, with the government being the main source of healthcare financing. The country has been increasing healthcare expenditure in recent years, with the total healthcare expenditure as a percentage of GDP increasing from 4.3% in 2010 to 6.3% in 2019, according to data from the World Bank.
Vietnam's government has been working on implementing EHR systems in its healthcare system. In 2019, the government announced the plan to implement an EHR system for the entire country by 2025. The government aims to establish a national EHR system that would allow for the sharing of patient information between different healthcare providers and to improve the quality of care and patient safety.
The EHR market in Vietnam is expected to grow in the coming years, driven by government initiatives to improve the healthcare system, increasing healthcare expenditure, and the rising adoption of EHR by private hospitals. The government's plan to build a national EHR system would create a huge market opportunity for EHR companies to provide software and services to the Vietnamese healthcare system. Furthermore, the rise in healthcare expenditure and increasing demand for better and more efficient healthcare services will also lead to an increase in the adoption of EHR systems.
Market Growth Drivers
The Vietnamese government has announced plans to implement an EHR system for the entire country by 2025 and establish a national EHR system that would allow for the sharing of patient information between different healthcare providers and to improve the quality of care and patient safety. Additionally, the country has been increasing healthcare expenditure in recent years, with the total healthcare expenditure as a percentage of GDP increasing from 4.3% in 2010 to 6.3% in 2019. Moreover, as the private sector is expanding in Vietnam, private hospitals are adopting EHR systems to improve the quality of care and patient safety.
Vietnam has a rapidly growing economy and population. This is expected to lead to an increase in demand for healthcare services, and in turn, an increase in the adoption of EHR systems. Also, the government is promoting digitalization initiatives in various sectors, including healthcare, to improve the efficiency and quality of services.
Market Restraints
Due to lack of funding, lack of technical expertise, and resistance to change among healthcare providers. In addition, data security and privacy concerns are major concerns in the healthcare industry, and these concerns may limit the growth of the EHR market in Vietnam.
Key Players
Policy changes and Reimbursement scenario
In Vietnam, electronic health record (EHR) regulations are primarily established and enforced by the Ministry of Health (MOH) and the Department of Health Information and Communication Technology (DHICT). These organizations are responsible for setting standards and guidelines for the use of EHRs in the country's healthcare system, including data privacy and security.
The main legal framework for EHRs in Vietnam is the Law on Medical Examination and Treatment, and the Law on Health Examination and Treatment. These laws establish the rules for the collection, storage, and use of personal data, including patient data in EHR systems.
In 2019, the government announced the plan to implement an EHR system for the entire country by 2025. The government aims to establish a national EHR system that would allow for the sharing of patient information between different healthcare providers and to improve the quality of care and patient safety. The regulations for EHR systems also include guidelines for data security, data exchange, and data governance, in order to protect the patient's data and ensure that the data is accurate and complete.
1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Product (Revenue, USD Billion):
Web-based and cloud-based software is more affordable since it saves on additional costs like license fees, regular upgrades, and device upkeep. Additionally, it reduces the need for IT workers because SaaS providers help with software installation, configuration, testing, operation, and upgrades. The cost-effectiveness of cloud-based EHR systems in small healthcare organizations will therefore fuel developments as well as the expansion of the category. MHealth services
By Application Type (Revenue, USD Billion):
Large amounts of patient health data may be stored and processed by EHRs, which aids doctors in automating both financial and operational operations with rapid and simple access. Therefore, integrated EHR and practice management software navigates all tasks, making it easier for front-line healthcare providers to do their jobs, and will therefore drive the segment's revenue during the anticipated time period.
By End User (Revenue, USD Billion):
By 2027, the category of ambulatory surgical centres is expected to rise at a 7.1% annual rate. The acceptance of EHR in these facilities will be fueled by ambulatory surgical centres' growing preference for digital technologies to efficiently manage workflow. These are outpatient facilities offering planned surgeries and same-day surgical services.
Methodology for Database Creation
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How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
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2. Primary Research
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Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
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