Vietnam Ophthalmology Market Outlook to 2023: Ken Research

New Delhi, May 28, 2019: The report titled “Vietnam Ophthalmology Market Outlook to 2023 – By Diseases (Cataract, Myopia, Glaucoma, Retina related Diseases, Blindness with Poor Eyesight, Conjunctivitis and Others), By Regions and By Hospitals (Single Specialty Eye Hospitals and Multi Specialty Hospitals)” provides a comprehensive analysis of the Ophthalmology Industry in Vietnam. The report covers various aspects such as hospital infrastructure in Vietnam, analysis of the market size, trends and developments in the market, the issues and challenges, the competitive landscape, recent and future technology innovations and government regulations. The report concludes with market projection and analysts recommendations.

Market Overview

The Vietnam Ophthalmology Market is at a growing stage. The number of hospitals in the Vietnam Ophthalmology Market is gradually increasing over time. In 2018, it has been observed that more number of Single Specialty Eye hospitals in the private sector are opening up and are offering attractive treatment packages, personalized assistance along with the specialized services. Single Specialty Eye Hospitals tend to offer treatment by trained professionals and a one stop solution for all the eye related issues. People have started preferring these over Multi Specialty Hospitals. The number of inpatients has reduced and more number of eye patients has converted into outpatients owing to the technological advancements in conducting eye surgeries.

Vietnam Ophthalmology Market Segmentation

By Types of Diseases: Cataract was the most prevalent eye diseases in 2018, having highest number of consultations, owing to the ageing population of Vietnam and increasing pollution in the environment. Myopia accounted for the second highest number of consultations and is mostly prevalent amongst the younger generation. The number of consultations later followed by diseases such as Glaucoma, Conjunctivitis, retina related diseases, diseases due to poor vision causing blindness and others owing to the lifestyle changes.

By Regions: The highest number of Single Specialty Eye Hospitals are situated in the Ho Chi Minh City and followed by Hanoi and Da Nang as these are smart cities with high urban population. Most of the other hospitals are located in provinces other than Hanoi, Ho Chi Minh City and Da nang as majority of the Vietnamese population resides in other provinces.

By Types of Hospitals: Single Specialty Eye Hospitals dominated the Ophthalmology Market of Vietnam in terms of providing consultations driven by specialized treatment for all types of eye diseases. Multi Specialty Hospitals accounted the second largest share in providing consultation services for eye diseases.

Competitive Landscape

The Vietnam Ophthalmology Market is observed to be fragmented. Ho Chi Minh City Eye Hospital is the leading player of the market handling the highest number of consultations. The following players in the market are Central Eye Hospital, Saigon Eye Hospital, Da Nang Eye Hospital, Vietnam Russia Eye Hospital and others. The Single Specialty Eye Hospitals in Vietnam have started using latest equipments manufactured by top most Ophthalmology instruments producing companies such as Alcon, Zeiss and others. The key market players compete in the Ophthalmology market on the basis of technological advancement, competitive strategies, value added services, promotional campaigns and geographical presence.

Vietnam Ophthalmology Market Future Outlook

It has been anticipated that in future the Vietnam Ophthalmology Market will increase at a double digit positive CAGR on the basis of number of consultations, during the period of 2018-2023E. The market is also projected to increase at a positive CAGR on the basis of Eye Inpatients in Vietnam, during the period of 2018-2023. It is expected that the number of consultations will increase due to the increasing eye diseases amongst the Vietnamese population such as Cataract, myopia and others. The emerging eye diseases such as Diabetic Retinopathy and AMD will also lead to more number of inpatients in the hospitals. The Single Specialty Eye Hospitals will continue catering to the needs of the eye patients owing to specialized treatment. The changing demographics in Vietnam will largely affect the Vietnam Ophthalmology Market as a whole.

Key Segments Covered:-

By Types of Diseases

Cataract

Myopia

Glaucoma

Retina Related Diseases

Blindness with Poor Eyesight

Conjunctivitis

Others

By Regions

Hanoi

Ho Chi Minh City

Da Nang

Others

By Types of Hospitals

Single Specialty Eye Hospitals

Multi Specialty Hospitals

Key Target Audience:-

Single Specialty Hospitals

Multi Specialty Hospitals

Medical Devices Companies

Government Organizations

Non- Profit Organizations

Non- Governmental Organizations

Time Period Captured in the Report:-

Historical Period: 2018

Forecast Period: 2018-2023

Companies Covered:-

Ho Chi Minh City Eye Hospital

Central Eye Hospital

Saigon Eye Hospital

Da Nang Eye Hospital

Vietnam- Russia International Eye Hospital

Hanoi High Tech Eye Hospital

DND International Eye Hospital

Cao Thang Eye Hospital

Phuong Nam Eye Hospital

Japan International Eye Hospital

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Market Overview and Genesis of Vietnam Ophthalmology Market

Market Ecosystem of the Vietnam Ophthalmology Market

Hospital Infrastructure in the Vietnam

Vietnam Ophthalmology Market Size

Vietnam Ophthalmology Market Segmentation by Types of Hospitals (Single Specialty Eye Hospitals and Multi Specialty Hospitals)

Vietnam Ophthalmology Market by Types of Diseases (Cataract, Myopia, Glaucoma, Retina Related Diseases, Blindness due to Poor Vision, Conjunctivitis and Others)

Vietnam Ophthalmology Market by Regions (Hanoi, Ho Chi Minh City, Da Nang and Others)

Cost Comparison of Major Eye Diseases in Vietnam with other South- East Asian Countries

Cost Comparison of IOL usage in Vietnam with Other Countries

Vietnam Ophthalmology Market- Business model

Trends and Developments in the Vietnam Ophthalmology Market

Issues and Challenges in the Vietnam Ophthalmology Market

Government Regulations in Vietnam Ophthalmology Market

Competitive Scenario in Vietnam Ophthalmology Market

Company Profiles of Major Players in the Market

Investment Model to setup a Specialized Eye Hospital in Vietnam Ophthalmology Market

Recent and Future Technology Innovations in the Vietnam Ophthalmology Market

Vietnam Ophthalmology Market Future Outlook and Projections (2018-2023E)

Analyst Recommendations in Vietnam Ophthalmology Market

Corporate Comm India(CCI NewsWire)