Product Code: ETC051010 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Blood Transfusion Devices Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1394.02% in 2026, following an initial rate of -40.56%, before easing to 3.20% at the end of the period.
By 2027, the Blood Transfusion Devices market in Vietnam is anticipated to reach a growth rate of 108.90%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Vietnam has been experiencing growth and diversification across various industries, including healthcare, automotive, beauty, and textiles. The Vietnam blood transfusion devices market has seen steady progress due to the country`s growing healthcare infrastructure and increasing awareness of blood-related disorders. The demand for blood transfusion devices, such as blood bags, transfusion sets, and blood filters, has risen to meet the needs of a growing population and advancements in medical treatments. However, challenges arose during the COVID-19 pandemic, impacting the healthcare sector, supply chains, and medical procedures. Despite this, the market is anticipated to recover as the healthcare system strengthens and focuses on providing quality medical services.
The Vietnam blood transfusion devices market is driven by several factors. Firstly, the country`s improving healthcare infrastructure and the rising number of healthcare facilities have contributed to the increased demand for blood transfusion devices. As medical centers expand their services and capabilities, the need for reliable and efficient transfusion equipment has grown. Secondly, the growing prevalence of blood-related disorders and chronic diseases has created a higher demand for blood transfusion procedures. With an aging population and changing lifestyles, there has been an increase in medical conditions that require blood transfusions, such as anemia, cancer treatments, and surgical interventions. Thirdly, advancements in medical technology have led to the development of more advanced and user-friendly blood transfusion devices. These innovations have improved the safety and accuracy of transfusion processes, leading to greater acceptance and adoption in healthcare facilities. However, the COVID-19 pandemic presented challenges for the blood transfusion devices market, as it disrupted healthcare services, supply chains, and medical procedures. Despite these temporary setbacks, the market is expected to recover as the healthcare system strengthens and adapts to the changing healthcare landscape.
The Vietnam blood transfusion devices market faces several challenges. Firstly, despite the growing healthcare infrastructure, there is a need for further investment and improvement in medical facilities, especially in remote areas. Access to blood transfusion devices and related medical services remains a challenge for some regions, leading to disparities in healthcare access. Secondly, the shortage of qualified healthcare professionals, especially in specialized fields like transfusion medicine, poses a challenge to the effective and safe use of blood transfusion devices. Adequate training and education for medical staff are essential to ensure proper handling and administration of blood transfusions. Thirdly, the regulatory environment and compliance standards for blood transfusion devices need continuous monitoring and enhancement to ensure the safety and quality of these devices. Strict regulations are necessary to prevent the use of substandard or counterfeit products.
The COVID-19 pandemic had a significant impact on the Vietnam blood transfusion devices market. As the healthcare system focused on responding to the pandemic, non-urgent medical procedures, including elective surgeries and blood transfusions, faced delays or cancellations. The diversion of resources and medical staff to manage COVID-19 cases resulted in reduced availability of blood transfusion services and related devices. Additionally, concerns over infection transmission led to heightened safety protocols in healthcare settings, affecting blood donation drives and collection activities. The reduced number of blood donors further strained the availability of blood products, impacting the demand for blood transfusion devices. Supply chain disruptions caused by restrictions on international trade and transportation also affected the procurement of essential medical equipment, including blood transfusion devices. Import-dependent companies faced challenges in accessing raw materials and components, leading to delays in production and delivery. Despite the challenges, the pandemic underscored the importance of strengthening the healthcare system and medical infrastructure in Vietnam. As the country adapted to the changing healthcare landscape and implemented measures to address pandemic-related challenges, the blood transfusion devices market is expected to gradually recover.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Blood Transfusion Devices Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Blood Transfusion Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Blood Transfusion Devices Market - Industry Life Cycle |
3.4 Vietnam Blood Transfusion Devices Market - Porter's Five Forces |
3.5 Vietnam Blood Transfusion Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Blood Transfusion Devices Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Vietnam Blood Transfusion Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Blood Transfusion Devices Market Trends |
6 Vietnam Blood Transfusion Devices Market, By Types |
6.1 Vietnam Blood Transfusion Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Blood Bag and Accessory, 2021-2031F |
6.1.4 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Blood Mixer, 2021-2031F |
6.1.5 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Filter, 2021-2031F |
6.1.6 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Blood Component Separator, 2021-2031F |
6.1.7 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Apheresis Device, 2021-2031F |
6.1.8 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Pathogen Reduction System, 2021-2031F |
6.1.9 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Blood Transfusion Devices Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Hospital, 2021-2031F |
6.2.3 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Ambulatory Surgical Centres, 2021-2031F |
6.2.4 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Blood Bank, 2021-2031F |
6.2.5 Vietnam Blood Transfusion Devices Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Blood Transfusion Devices Market Import-Export Trade Statistics |
7.1 Vietnam Blood Transfusion Devices Market Export to Major Countries |
7.2 Vietnam Blood Transfusion Devices Market Imports from Major Countries |
8 Vietnam Blood Transfusion Devices Market Key Performance Indicators |
9 Vietnam Blood Transfusion Devices Market - Opportunity Assessment |
9.1 Vietnam Blood Transfusion Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Blood Transfusion Devices Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Vietnam Blood Transfusion Devices Market - Competitive Landscape |
10.1 Vietnam Blood Transfusion Devices Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Blood Transfusion Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |