Market Insights Health Hospitals Inpatient Care

Midwifery - Vietnam

Vietnam

The Midwifery market in Vietnam is expected to experience significant growth in the coming years.
By 2024, the revenue in this market is projected to reach US$0.36bn.
This growth is further anticipated to continue with an annual growth rate (CAGR 2024-2029) of 7.63%.
As a result, the market volume is estimated to reach US$0.52bn by 2029.
When compared globally, it is worth noting that United States will generate the highest revenue in the Midwifery market, with an impressive US$34,040.00m expected in 2024.
This highlights the prominence of the United States in this sector.
Vietnam's midwifery market is experiencing a surge in demand due to the country's growing population and emphasis on maternal and child health.

Key regions: France, Europe, Japan, Germany, United Kingdom

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.