Vietnam's medical device market will register 8.6% growth in local currency terms over the 2024-2029 period. The market will remain a strong performer in the Asia-Pacific region, supported by regional economic outperformance, rising healthcare expenditure and improved healthcare access. The market returned to growth in 2024 following a contraction in US dollar terms in 2023 and will continue to grow in 2025. Vietnam will continue to develop as a manufacturing location for medical device companies, although it will continue to rely on imports. While maintaining strong trade relations with both the US and Mainland China will present opportunities for Vietnam, it also exposes the market to risks associated with rising US-China tensions and a slower Chinese economy in 2025. Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry. Report includes: Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews. Why you should buy this report Benefit from the latest market opportunities Understand the threats to your operations and investments and protect your company against future risks Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market Get a full view of the competitive landscape to assess your market position The Vietnam Medical Devices Report features market forecasts supported by trade, production and healthcare estimates. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Detailed product breakdown for market, trade and production data in Vietnam provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence. Key Benefits Benchmark BMI’s Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance Target Business Opportunities by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.