Vietnam's patient engagement solutions market is projected to grow from $85.05 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. The main factors driving the growth would be increasing healthcare spending, an aging population, and government support. The market is segmented by component, delivery mode, application, therapeutic area, functionality, and by end-user. Some of the major players include Oracle, Siemens Healthineers, IBM, and others.
The Vietnam patient engagement solutions market is projected to grow from $85.05 Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. Healthcare spending as a percentage of GDP increased in Vietnam in 2019 from 5.03% to 5.25%. Vietnam's healthcare sector has enormous potential given the country's present economic and demographic changes.
The Vietnamese market for patient engagement solutions is expanding and is dedicated to enhancing patient participation in their healthcare and treatment. The process of actively involving patients in their own care, such as controlling their health and treatment, is referred to as patient engagement. Patient portals, mobile health apps, telemedicine platforms, and remote monitoring technologies are just a few examples of the various patient engagement alternatives available. With the use of these technologies, patients can better manage their care, access their health information, and interact with their healthcare professionals.
Market Growth Drivers
The Vietnam patient engagement solutions market is expected to be driven by factors such as increasing healthcare spending, an aging population, and government support. Further, the adoption of the national electronic health record system and the growth of telemedicine services are some of the digital health initiatives that Vietnam has been actively promoting.
The healthcare system in Vietnam is still expanding, and certain areas have few healthcare resources. Despite the fact that the Vietnamese government has put rules in place to support patient-centered care, there are currently few ways to reimburse for patient engagement services. Especially in the private sector, this might make it difficult for healthcare providers to invest in patient engagement programs.
The Ministry of Health, which is in charge of maintaining the security and quality of healthcare services in the nation, is in charge of overseeing the regulatory framework for patient engagement in Vietnam. The National eHealth Strategy and the National Health Information Exchange Platform are some of the rules and guidelines the Ministry has put into place to encourage patient engagement and enhance healthcare delivery.
In order to increase patient engagement and expand access to healthcare services, the government has also established a number of measures to encourage the adoption of digital health technologies. A legislative framework for the delivery of healthcare services is also provided by the Law on Medical Examination and Treatment and the Law on Health Insurance.
Vietnam's patient engagement reimbursement regulations are currently in the formative stages of development. With a number of healthcare financing programs, including the Social Health Insurance Program and the Health Insurance Fund for the Poor, the government offers some financial support for healthcare services. These programs offer a limited amount of coverage that varies according to the program and the kind of service offered for healthcare services, including some digital health services.
1. Report Description of the Vietnam Patient Engagement Solutions Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Vietnam Patient Engagement Solutions Market Executive Summary
2.1 Vietnam Patient Engagement Solutions Market – Industry Snapshot & key buying criteria, 2022-2030
2.2 Market Size, Growth Prospects, and Key Findings
3. Market Dynamics of Vietnam Patient Engagement Solutions Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Vietnam Patient Engagement Solutions Market Segmentation
4.1 By Component
4.1.3 Standalone Software
4.1.4 Integrated Software
4.2 By Delivery Mode
4.2.1 PREMISE Mode
4.2.2 CLOUD-BASED Mode
4.3 By Application
4.3.1 Health Management
4.3.2 Home health management
4.3.4 Financial health management
4.4 By Therapeutic Area
4.4.1 Chronic Diseases
4.4.2 Cardiovascular Diseases (CVD)
4.4.5 Other Chronic Diseases
4.4.6 Women's Health
4.4.8 Other Therapeutic Areas
4.5 By Functionality
4.5.2 Virtual Consultation
4.5.3 Patient/Client Scheduling
4.5.4 Document Management
4.6 By End-user
4.6.3 Other End users
5. Vietnam Patient Engagement Solutions Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Vietnam
8.2 Regulatory Framework in Vietnam
8.3 Pricing & Reimbursement Scenario in Vietnam Patient Engagement Solutions Market
9. Factors Driving Future Growth
9.1 New Trends and Development Vietnam Patient Engagement Solutions Market
9.2 Future Opportunities
10. Strategic Recommendations
By component (Revenue, USD Billion):
By Delivery Mode (Revenue, USD Billion):
By Application (Revenue, USD Billion):
By Therapeutic area (Revenue, USD Billion):
By Functionality (Revenue, USD Billion):
By End-user (Revenue, USD Billion):
Insights10 will provide you with the reports within 10 key parameters which are:
Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.
Stage I: Market Data Collection
Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.
Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.
Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:
Stage II: Market Data Analysis and Statistical Model
Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.
Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.
The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.
The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.
Data Triangulation & Validation:
Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.
We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.
Stage III: Interpretation and Presentation
Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)
Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to oﬀer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.
Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.
This report addresses