The market is expected to grow at a rate of 9% each year from 2024 to 2030. This is because there are older people, and older people often get sick with different diseases like cancer, heart problems, and other health issues. Because of this, there’s more need for medical tools like devices business for sale Arizona illnesses, helping with daily tasks, and moving around.
For example, in Vietnam, the number of people over 60 is expected to grow a lot by 2050. In 2019, it was 11.9%, and by 2050, it could be more than 25%.
Key Things to Know from the Report:
The market will keep growing in the next few years.
There are new rules and changes in healthcare.
Big companies business for sale Arizona competes with each other.
New technology is helping the medical field.
People are spending more money on healthcare gadgets.
Different areas in the world have different needs for medical devices.
Medical Devices in Vietnam: Categories and Forecast
The market has different types of devices. These include:
Diagnostic Devices: These tools help doctors find diseases early, like heart problems, cancer, and diabetes.
Tracking Devices: These are for checking things like heart rate or activity.
Surgical Devices: Tools used in surgeries.
Therapeutic Devices: Devices that help treat different health problems.
Diagnostic Devices will grow a lot because there are many people in Vietnam with heart disease. Devices like ECG machines will be in more demand.
Therapeutic Applications are for different types of surgeries, like:
Heart surgery
Breathing problems
Bone and joint issues
Eye surgery
Where Devices Are Used:
Hospitals: The biggest place that needs medical devices.
Specialty Clinics: Smaller places with special treatments.
Diagnostic Centers: Places that check for diseases.
Market Opportunities:
Wearable Devices: People are using more gadgets like smart watches to check their health. These gadgets track things like heart rate and activity, helping people stay healthy.
Key Companies in the Market:
Some big companies in the market are:
Medtronic
Stryker
Abbott
GE Healthcare
These companies are growing by creating new products and reaching more places around the world.
Challenges:
Vietnam mostly gets its business for sale Arizona countries. This makes them more expensive and harder to afford for hospitals and patients. This could slow down the growth of the market.
