Vietnam Medical X-ray Market Report 2022 to 2030

Vietnam Medical X-ray Market Analysis

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Vietnam medical X-ray market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. One of the key factors driving the expansion of the medical X-ray market is the rising incidence of bone fractures. Other indirect market growth factors include increased personal disposable income, increasing rates of traffic accidents, and rising costs for R&D operations. Some of the major key players in this market are General Electric Co., Toshiba Corporation, Koninklijke Philips N.V., Carestream Health., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., etc.

ID: IN10VNPH331 CATEGORY: Pharmaceuticals GEOGRAPHY: Vietnam AUTHOR: Dr. Netal Patel

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Vietnam Medical X-ray Market Analysis Summary

Vietnam Medical X-ray Market is valued at around $67.5 Mn in 2022 and is projected to reach $102.5 Mn by 2030, exhibiting a CAGR of 5.36% during the forecast period 2023-2030.

The medical equipment known as an X-ray machine uses electromagnetic radiation waves to create images of what is within the human body. Typically, X-rays are utilised to evaluate the soft tissues, joints, and bones. One of the issues that can be found by X-rays is a bone fracture. Similar to photography, radiography shows images of the organs, bones, and blood arteries. An example of an X-ray procedure is radiography. One of the main factors promoting the growth of the medical X-ray 2D-radiography equipment market is the rising prevalence of bone fractures. Other indirect market growth factors include increased personal disposable income, increasing rates of traffic accidents, and rising costs for R&D operations. Rising technical developments in the healthcare industry will also create profitable new market expansion chances. The major key players in this market are General Electric Co., Toshiba Corporation, Koninklijke Philips N.V., Carestream Health., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Ziehm Imaging GmbH, Canon Inc., Fujifilm Holdings Corporation, GMM Pfaudler Ltd., Danaher., Planmeca OY, VATECH, J. Morita Corporation., Villa Sistemi Medicali Spa., Midmark Corporation., Apteryx Imaging Inc.

Market Dynamics

Market Growth Drivers

The rising incidence of chronic diseases like cardiovascular diseases, cancer, and respiratory problems has raised the demand for medical imaging therapies, notably X-ray imaging. The extensive use of medical X-rays in the diagnosis and monitoring of various ailments is what drives demand for X-ray equipment and services. Imaging systems that are more advanced and effective have been created thanks to improvements in X-ray technology. For instance, compared to conventional film-based X-ray systems, digital X-ray systems provide superior image quality, quicker image processing, and lower radiation doses. These technical developments have enhanced patient outcomes and diagnostic precision, which has expanded X-ray imaging use.

Market Restraints

Despite the many benefits of X-ray diagnostic imaging, there are certain detrimental dangers associated with X-ray radiation. The body's cells may be harmed by the x-radiation ray's output. The dangers associated with brief exposure to X-rays, such as a chest X-ray, are minimal. However, a prolonged exposure to X-rays could turn the cells malignant. These factors can act as a restraint for medical X-ray market.

Competitive Landscape

Key Players

?General Electric Co.
Toshiba Corporation
Koninklijke Philips N.V.
Carestream Health
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Ziehm Imaging GmbH
Canon Inc.
Fujifilm Holdings Corporation
GMM Pfaudler Ltd.
Danaher
Planmeca OY
VATECH
J. Morita Corporation
Villa Sistemi Medicali Spa
Midmark Corporation
Apteryx Imaging Inc.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 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

Vietnam Medical X-ray Market Segmentation

By Product Type

Stationary Digital Radiology Systems
Portable Digital Radiology Systems

By Technology

Film Based Radiography
Computed Radiography (CR)
Direct Radiography (DR)

By Applications

Dental
Veterinary
Mammography
Chest
Cardiovascular
Orthopaedics
Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

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:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.