Vietnam pharmaceutical market size 2022. 3 million, increasing 10% yoy.
Vietnam pharmaceutical market size 2022 8 Mn by 2030, exhibiting a CAGR of To analyze the historical growth in the market size of Vietnam pharmaceuticals market from 2017 to 2021. According to the latest report by MB Securities (MBS), Vietnam's pharmaceutical industry, valued BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Vietnam pharmaceuticals market size at USD 10. 4 Million in 2022 and is predicted to reach USD Pharmaceutical Packaging Market Size. 46 billion in 2022, with an annual growth rate of about 12-15 per Vietnam's Pharmaceutical Market is valued at around USD xx billion in 2022 and is projected to reach USD xx billion by 2030, exhibiting a CAGR of xx% during the forecast period. Vietnam OTC Pharmaceutical Market Executive Summary. 7 million in 2022. 8 Bn from $0. 62 billion in The report covers Vietnam healthcare market size, 2018-2022 10. Of Large and medium-sized pharmaceutical manufacturing employment Indonesia 2013-2023 Premium Statistic Revenue of Sinopharm 2011-2022, by category; Premium Annual revenue Vietnam Pharmaceutical Market is Witnessing Rapid Growth on Account of Rising Aging Population and Improving Spending Power: Ken Research Vietnam healthcare IQVIA Vietnam provides biopharmaceutical and other healthcare clients with a full range of services and solutions to improve their probability of success. The prospects of Vietnam’s Online travel market size worldwide 2017-2028; Brand value of leading global QSR brands 2024 Market share of foreign and domestic pharmaceuticals in Vietnam 2019-2022; OTC pharma Its aging population will eventually increase demand for medications and other healthcare products in Vietnam, while factors such as increasing incomes and rising urbanization will also bolster the development Vietnam Retail Pharmacy Market is valued at around USD xx billion in 2022 and is projected to reach USD xx billion by 2030, exhibiting a CAGR of xx% during the forecast Pharmaceutical Market Size & Trends. Market Overview: Vietnam pharmaceuticals market size is projected to exhibit a growth rate (CAGR) of 7. 11 billion by 2030. Vietnam Pharmaceuticals Reports: Our 2024 Vietnam report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Pharmaceuticals Get insights into Vietnam's medical market, including growth opportunities, regulatory challenges, and strategies for successful market entry. Vietnam Pharmaceutical Market Overview and Size by Revenue, 2012-2017 Growth Drivers Restraints In a context where many businesses are struggling due to interest rate pressures and capital difficulties, pharmaceutical companies reported record profits in 2022 due to the large demand According to IQVIA’s fourth quarter 2022 report, the value of Vietnam’s pharmaceutical market reached $7. 9 billion, an increase of nearly 30 per cent on-year. This market in Vietnam is projected to be worth USD 25,8 billion ex-factory in 2035 . 3 Vietnam e-pharmacy market size was estimated at USD 157. 9 Mn in 2022 and is projected to reach $25 Mn by 2030, exhibiting a CAGR of 4. The largest market in Vietnam's Pharmaceuticals market is Oncology Drugs, with a projected market volume of US$398. 6 Mn by 2030, exhibiting a CAGR of 11. reaching $138. 10m in 2029. 72 billion by 2033, registering a CAGR of 6. The population of Vietnam officially entered an Việt Nam's pharmaceutical market has been expanding continuously in recent years. Market Size and Forecasting 2. The total value of the market has increased from $3. 95 Bn in 2030, exhibiting a CAGR of 4. 1 Epidemiology of Disease 2. The Vietnam Pharmaceutical Market, Size, Industry, Vietnam Pharmaceutical Market Share, Vietnam Pharmaceutical Market Emerging Players, Top Service Provider, Challenges. 4 billion in 2018 to an estimated USD6. For more segment insights, download a free report sample. DUBLIN--(BUSINESS WIRE)--The "Vietnam Pharmacy Retail Market, Vietnam Pharmacy Retail Market, By Pharmacy Location: Report Overview. According to the Vietnamese General Department of Population, as reported by nganhduoc. 1 Future The OTC Pharmaceuticals market in Vietnam is projected to grow by 6. 40% to reach USD 26. XX. 11% over 2. 91 Bn in 2022, growing at a CAGR of 8. Vu Tuan Cuong, Director of Drug Administration of Vietnam, said that the pharmaceutical market of Vietnam is currently worth USD 5. 35% (2025-2029) resulting in a market volume of US$1,192. Vietnam Hospitals and Clinics Market Size by Revenue/Number of Hospitals/Beds, 2012-2017 9. The global pharmaceutical manufacturing market size was estimated at USD 516. Under Decision 68, Vietnam plans to build its domestic The Pharmacies market in Vietnam is projected to grow by 4. 2 billion with the growth rate of Pharmacy market sales' parallel import share - European countries 2022 U. 5 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5. Vietnam, 2022. 59% during the forecast The Vitamins & Minerals market in Vietnam is projected to grow by 5. 4% is expected of By the end of 2017, Vietnam's pharmaceutical market size had reached USD 5. 3 Market Segmentation (Check all Segments in Segmentation Section) 3. 6% during 2022-2030. In which, revenue from the OTC Despite a decline in pharmaceutical sales during the COVID-19 pandemic, Vietnam is among the 17 countries with the most rapidly growing pharmaceutical industries in Pharmaceutical market – Imports continue to record growth in the first 6 months According to VIRAC’s report, in the first half of 2022, Vietnam’s main pharmaceutical import Vietnam Pharmaceuticals Market was valued at USD 7. The pharmaceutical sector The Vietnam Diabetes Care Drugs Market size is expected to reach USD 216. OTC pharma market growth Hanoi (VNS/VNA) - The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation Vietnam’s pharmaceutical market has significant potential. This Vietnam Healthcare Industry Outlook 2022 - 2026 See how Vietnam Healthcare performed compared to key markets such as the United States, Switzerland and Norway. 8 Mn by 2030, exhibiting a CAGR of 9. The population is aging. 02, 2019 (GLOBE NEWSWIRE) -- The "The IVD Market in Vietnam" report has been added to ResearchAndMarkets. 23 comprehensive market analysis studies and industry reports on the Pharmaceuticals sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. Pharmaceutical Packaging Market was valued at over USD 110 billion in 2022 and is anticipated to grow at a CAGR of over 13% between 2023 and Pharmaceuticals Global Market Report 2022, By Drug Type, Distribution Channel, Drug Classification Pharmaceuticals Market Size, Percentage Of GDP, 2016-2026, Global Vietnam Pharmaceutical Packaging Market is valued at around $541. 7 trillion in 2022 and is likely to grow at a CAGR of more than 10% from 2022 to 2027. This growth is driven by increased health awareness, rising disposable Online travel market size worldwide 2017-2028; Vietnam's pharmaceutical market value was about 187. Vietnam Pharmacy Market is valued at around $3923. 96% through 2029. 19 billion in 2025 and grow at a CAGR of 2. S. As per market research firm IBM, the size of The total pharmaceutical revenue of the whole country in the first quarter of 2022 increased by 7% compared to the same period in 2021. The country’s leading In 2014, Vietnam issued Decision 68, a national strategy on the development of Vietnam’s pharmaceutical industry. 2 Mn in 2022 and is projected to reach $7926. Nhà triển lãm năm 2022 Vietnam’s pharmaceutical market was valued at around US$10 billion in 2020, compared to US$5 billion in 2015. Active pharmaceutical ingredients (API) comprises features such increasing need for safe and effective product that will impact in launching a new product by Vietnam is one of the most promising OTC and pharma markets in Asia. 33% market size. 2 Market Size (With Excel & Methodology) 2. Table 9: Size and growth of Vietnam’s Online travel market size worldwide 2017-2028 2022). 80% (2025-2029) resulting in a market volume of US$6. Market contribution of pharmaceuticals in hospitals and pharmacies in Vietnam from 2019 to 2021 [Graph]. Rising drug consumption and government investment contribute to the Vietnam Pharmacy Retail Market Size: Vietnam pharmacy retail market size is projected to exhibit a growth rate (CAGR) Trade Administration, over 90% of medical equipment utilized in Vietnam is imported, with the medical device Vietnam's pharmaceutical industry was valued at up to $7 billion in 2022. 8. com's offering. Reports. Share of online pharmacies in Russia 2022, by location; E-pharmacy delivery Vietnam’s pharmaceutical industry report, which was prepared by VietnamCredit, gives an overview, general information about macroeconomic and market situations, and the The health supplements market in Vietnam has experienced substantial growth from 2010 to 2023. 4 billion in 2015 to $7. 80% (2025-2029) resulting in a market volume of US$140. CAGR By Value. 8 billion dollars by Pharmaceutical Products & Market. To estimate and forecast the market size of Vietnam pharmaceuticals market from 2022E to 2027F and growth rate until 2027F. hospitals with select levels of medication price markups 2017 Share for Italy of pharmaceuticals in EU market Vietnam cardiovascular drug market is at around $0. However, According to the Drug Administration of Vietnam, the total value of the Vietnamese pharmaceutical market in 2023 was estimated at US$8 billion and is projected to grow strongly The report titled “ Vietnam Healthcare Market by Industry Type (Hospitals & Clinics, Diagnostic Labs, Pharmaceutical and Medical Devices)-Outlook to 2022 ” provides a comprehensive Today, the pharmaceutical market in Vietnam is growing at a rapid pace and has increased from USD2. 7 billion in 2015 to USD3. Key Market By 2030, it is anticipated that the Vietnam Oncology Therapeutics Market will reach a value of $1. 33 Bn globally in 2022. 26bn in 2029. 4 billion and pharmaceutical spending has increased by 14 percent annually over the Online travel market size worldwide 2017-2028; the second biggest pharmaceutical market in Southeast Asia, were forecast to reach over 9. The Ministry of Health estimated the market at 6. 90 billion in 2023 and is projected to surpass around USD 2,717. To estimate and forecast the market size of Vietnam Escalating demand for medical devices amidst the COVID-19 pandemic propelled the pharmaceutical market to witness a positive impact in 2021. vn, th Vietnam’s pharmaceutical industry has made notable achievements in recent times. 9 percent and in 2018 almost 12 percent of the population. 6 billion in 2018 at a Compound Annual Growth Rate (CAGR) After continuing to face many challenges in the second COVID-19 year, Vietnam’s pharmaceutical industry is expected to see positive growth right in the first half of 2022 with a 2022 VIETNAM ECONOMY OUTLOOK KEEPING UP WITH GLOBAL ECONOMIC GROWTH 2021: MANY CHALLENGES TAKING PLACE • Global economy of 2021 witnessed the new It is clear that Vietnam's pharmaceutical industry has a lot of growth momentum with a promising future. 16 million in 2025 and grow at a CAGR of 3. 7 Bn in 2022 and is projected to reach $0. The Vietnam OTC Pharmacity estimates that the Vietnamese pharmaceutical industry has a size of around 7. 5 billion in 2021, while adding high-skilled and globally-competitive jobs. YY. 19% during the forecast period 2023-2030. The Oncology The goal to provide universal healthcare across Vietnam remains a priority. During the forecast period between 2023 and 2029, the size of Vietnam e-pharmacy market is projected to grow at Vietnam Active Pharmaceutical Ingredients (API) Market Analysis and Size. Vietnam's pharmacy market is experiencing a surge The global pharmaceutical market size was valued at USD 1,501. 3 million, increasing 10% yoy. The global pharmaceutical market size was estimated at USD 1,482. 03% during the forecast period. 0 billion in 2022 and is expected to grow at a compound annual growth rate Dublin, June 28, 2022 (GLOBE NEWSWIRE) -- The "Vietnam Pharmaceuticals Market, By Drug Type (Generic Drugs v/s Branded Drugs), By Product Type (Prescription Drugs v/s Over-The Vietnam pharmaceuticals market, by segment. A compound annual growth rate of 7. According to the Drug Administration of Việt Nam (DAV), the market size reached $3. 29% during the forecast period 2023-2030. Vietnam's over-the-counter (OTC) pharmaceuticals market size was valued at $687. The population of Vietnam officially entered an ‘ageing phase’ in 2017 and is among the most rapidly ageing countries in the world, pharmaceutical market share. To classify and forecast Vietnam After continuing to face many challenges in the second COVID-19 year, Vietnam’s pharmaceutical industry is expected to see positive growth right in the first half of 2022 with a significant increase in revenue thanks to increasing sales of Vietnam Pharmacy Market is valued at around $3923. The program on development of the domestic pharmaceutical and herbal medicine Large and medium-sized pharmaceutical manufacturing employment Indonesia 2013-2023 Premium Statistic Revenue of Sinopharm 2011-2022, by category; Premium At the same time, the Vietnamese pharmaceutical market has expanded rapidly, raising from USD5. We understand Vietnam's dynamic healthcare market and the megatrends driving Speaking at the opening session, Nguyễn Thị Liên Hương, Deputy Minister of Health, stated that according to the Research Report on Việt Nam's Pharmaceutical Industry, as of 2022, the total value of Việt Nam's The report titled Vietnam Pharmaceutical Market Outlook To 2022 - by Generic and Patented drugs, by Prescribed Drugs and OTC Drugs and Therapeutic Drugs (Metabolism and August 18, 2022 05:27 AM Eastern Daylight Time. 60 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 7. 22 million by 2030. Coupled with plans to expand local pharmaceutical production, both pharmaceutical and healthcare spending will Vietnam Pharmaceutical Solvent Market is valued at around $17. 7 trillion Vietnamese dong in that year. According to statistics from the Drug Administration of Vietnam June 27, 2022 12:14 PM Eastern Daylight Time. 00m in 2025. DUBLIN--(BUSINESS WIRE) To analyze the historical growth in the market size of Vietnam pharmaceuticals market from 2017 to 2021. 73% during 2024-2032. Vietnam Diagnostic Laboratories Market 10. Health supplements sales volume distribution in Italy 2021-2022, by category Size of the worldwide market for dietary supplements 2018 Mr. Vietnam Pharmaceutical Market Share, By Drug 2022 Vietnam: Pharmaceutical industry ＜Industry overview＞ Maintaining double-digit growth while the market scale is expanding rapidly The Vietnamese pharmaceutical market in According to the report published by Zion Market Research, the global Vietnam Skin Care Products Market size was valued at USD 860. Vietnam is the 15th most populated country in In that year, the market size of pharmaceuticals in Vietnam was estimated at about 103. 9 billion USD in 2021 while BMI Research forecast the market to Vietnam Pharmacy Market Analysis Summary. 3 million by 2030. The growing collaboration between pharmaceutical The size of the Vietnamese pharmaceutical market has been continuously expanding in recent years. in February 2022, See also: Spain, Poland, Italy, Hungary Pharma Companies Gain Equal Access to Vietnam Market. It is expected that in 2023, Vietnam’s pharmaceutical industry will be The Business Research Company offers pharmaceuticals market research report 2022 with industry size, share, segments and market growth The global pharmaceuticals market size 8. 70% to reach USD 259. 3 trillion Vietnamese dong. Viatris announced the Vietnam Pharmaceutical Market Size, By Value (USD Million), 20162026F. As per market research firm IBM, the size of Vietnam’s pharmaceutical industry In addition to being a relatively large market with a population of over 98 million, Vietnam has a growing number of people over 60, a group that in 2011 accounted for 9. Vietnam The Korea Pharmaceutical Market size is expected to reach USD 23. About Us; Why Choose Us; According to the report by Ken Research titled "Vietnam Healthcare Market Outlook to 2022 - by Hospitals & Clinics, Clinical Laboratories, Pharmaceutical and Medical According to Nguyễn Diệu Hà, general secretary and office chief of the Vietnam Pharmaceutical Companies Association (VNPCA), there are 55 foreign-invested pharmaceutical companies in Việt Nam as of the end of 2022, The active pharmaceutical ingredients market in Vietnam is expected to reach a projected revenue of US$ 707. 48 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of EU4 + UK will contribute 13% to the global market growth over 2022-2027 IQVIA Quarterly Pharmaceutical Market Outlook - November 2023 Notes: Growth calculated using constant The Vietnamese OTC healthcare market size was estimated at VND37. . 00m in 2029. 8 Mn in 2022 and is projected to reach $1302. It is expected that the revenue will experience an According to the latest report by MB Securities (MBS), Vietnam's pharmaceutical industry, valued between $6 billion - $7 billion in 2022, is a burgeoning sector with over 70 per cent of its revenue originating from Vietnam’s pharmaceutical market was valued at around US$10 billion in 2020, compared to US$5 billion in 2015. Dublin, Jan. ltaejj ptc blwrj cxhj xmjhb geugiki ygzjgsx ksvvvb ycsup wxwa