Vietnam Telemedicine Market to Grow Due to Technological Advancement until 2026 | TechSci Research
E-commerce popularity is driving the growth of Vietnam Telemedicine Market, in the forecast period, 2022-2026.
Increasing product innovations and technological advancements in the healthcare industry is further driving the growth of the Vietnam telemedicine market in the upcoming five years. Moreover, the availability of the solutions and services to fulfill the consumer demands and increasing prevalence of chronic diseases is further supporting the growth of the Vietnam telemedicine market in the next five years. Also, surging demand for the improved patient care and patient management is substantiating the growth of the Vietnam telemedicine market in the future five years. Additionally, growing telecommunication network in the country is also actively influencing the consumer’s preference toward telemedicine thus aiding the growth of the Vietnam telemedicine market in the forecast years.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Vietnam Telemedicine Market"
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The Vietnam telemedicine market is segmented by component, deployment mode, type, technology, application, end user, regional distribution, and competitive landscape. Based on type, the market is further bifurcated into tele-hospitals, mHealth, and tele-homes. Tele-homes are anticipated to hold the largest revenue shares of the market and assert its dominance over the market segment in the upcoming five years on the account of rapidly increasing chronic diseases. Tele-home care is a very impressive method and an innovative way to provide patient care post-op and pre-op monitoring, and telecommunications. These factors are further aiding the growth of the Vietnam telemedicine market in the next five years.
Based on deployment mode, the market is further segmented on the into on-premises, cloud. On-premises deployment method is expected to register maximum revenue shares in the future five years on the account of factors like direct access to care delivery. The on-premises care can be through telephonic (mobile) or visualized care (internet video calling) giving procedures. These methods are cost effective, easier to access and more personal and comforts the patient in having assured of the care provisions through professionals.
Cloud based services include technologically advanced solutions. The surging demands due to increased awareness among the patients and their relatives is driving the growth of the Vietnam telemedicine market segment and is expected to support the market growth too. With increasing cases of immediate care requirements and rapidly evolving artificial intelligence is driving the substantial growth of the market segment. These factors are anticipated to support the Vietnam telemedicine market growth in the future five years.
Jio Health, eDoctor, Nhi Đồng 315, Med247, DOCOSAN, among others are some of the market shareholders that drive the future growth of the Vietnam telemedicine market. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers.
New market players may focus on the research and development to provide such products and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Vietnam healthcare industry is expanding and demand for advanced technology, innovative idea, and product development is anticipated to support the growth of the Vietnam telemedicine market in the future five years. Adoption of telemedicine has improved patient care management; patient’s quality life and reduced healthcare spending is also anticipated to aid the future Vietnam telemedicine market in the next five years. New market players may focus on the research and development of the better raw material for the telemedicine manufacturing. Technological advancements are going to support their brand establishment and expand the market in future five years. Initiatives by the government and regulations & policies in support of telemedicine services is anticipated to further drive the market growth in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Vietnam Telemedicine Market By Component (Services, Software, Hardware), By Deployment Mode (Cloud v/s On-Premises), By Type (Tele-Hospitals, mHealth, Tele-Homes), By Technology (Store & Forward, Real Time, Others), By Application (Tele-Psychiatry, General Consultations, Tele-Radiology, Tele-Pathology, Others), By End User (Payer, Provider, Patients), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Vietnam telemedicine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam telemedicine market.
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