Outpatient Care - Vietnam | Statista Market Forecast

The Outpatient Care market in Vietnam is expected to experience substantial growth in the coming years.
According to projections, the revenue in this market is estimated to reach US$2.89bn in 2024.
Furthermore, it is anticipated that the market will witness a steady annual growth rate of 10.80% from 2024 to 2029.
This growth trajectory is expected to result in a market volume of US$4.83bn by 2029.
When compared globally, it is worth noting that United States is expected to dominate the Outpatient Care market.
In 2024, the revenue generated United States is projected to reach a staggering US$744.80bn.
This highlights the significant market presence and potential of the United States in the Outpatient Care market sector.
The outpatient care market in Vietnam is experiencing significant growth due to increasing demand for accessible and affordable healthcare services.

Definition:
Outpatient Care refers to medical and surgical services that are provided to patients who do not require an overnight stay in a hospital. It covers a wide range of services, including diagnostic tests, procedures, and treatments that are performed on an outpatient basis (e.g., doctor consultations, diagnostic services, and laboratory tests). Hospital outpatient care is designed to provide convenient, efficient, and cost-effective medical care to patients, allowing them to receive medical attention without having to spend the night in a hospital. This reduces the overall cost of healthcare and increases accessibility to medical services.

Additional information:
The Outpatient Care market comprises revenues and average revenue per capita. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Ambulatory care by hospitals
Minor surgical procedures
Clinic visits by patients
Checkups
Emergency department visits

Inpatient care
Day care
Long-term care
Home-based care

The healthcare industry in Vietnam has been growing rapidly in recent years, with the Outpatient Care market being a significant contributor to this growth.

Customer preferences: Vietnamese customers are increasingly seeking better healthcare services, including Outpatient Care, as they become more aware of the importance of preventive healthcare. They are also willing to pay more for quality healthcare services, which has led to the emergence of private hospitals and clinics that offer high-quality Outpatient Care services.

Trends in the market: The Outpatient Care market in Vietnam is expected to continue growing, driven by several factors. Firstly, the government's efforts to improve healthcare infrastructure and services have led to increased investment in the sector. Secondly, the growing middle class in Vietnam has led to an increase in demand for healthcare services, including Outpatient Care. Finally, the increasing prevalence of chronic diseases in Vietnam has also contributed to the growth of the Outpatient Care market.In terms of specific trends, there has been a shift towards more specialized Outpatient Care services, such as cardiology, gastroenterology, and neurology. This trend is driven by the increasing prevalence of chronic diseases and the need for specialized care. Another trend is the adoption of digital technologies in Outpatient Care, such as telemedicine and electronic health records, which have improved patient outcomes and made healthcare services more accessible.

Local special circumstances: Vietnam has a rapidly aging population, which is expected to increase the demand for healthcare services, including Outpatient Care. Additionally, the country has a high burden of communicable diseases, such as tuberculosis and HIV/AIDS, which require ongoing Outpatient Care services. Furthermore, the country's healthcare system is still developing, which has led to a shortage of healthcare professionals and infrastructure.

Underlying macroeconomic factors: Vietnam's economy has been growing rapidly, which has led to an increase in disposable income and a growing middle class. This has contributed to the growth of the Outpatient Care market as customers are willing to pay more for quality healthcare services. Additionally, the government's efforts to improve healthcare services have led to increased investment in the sector, which has further contributed to the growth of the Outpatient Care market.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

In recent years, a clear shift from inpatient to outpatient care has changed the face of healthcare, impacting operations, business models, staffing, and capital. Ambulatory centers carry out increasing numbers of medical procedures following advancements in healthcare technologies, cost management incentives, and consumer-focused services. There is a significant rise in the utilization of non-traditional sites of service such as ambulatory surgery centers, community health centers, primary care clinics, and telehealth. Employment in U.S. Ambulatory health care services has considerably grown over the years. Since 2007, according to the number of ambulatory care establishments in the U.S., nearly a hundred thousand ambulatory care establishments have opened across the country.