Vietnam Telemedicine Market Competition and Strategic Player Analysis

Vietnam Telemedicine Market Projected to Expand at 10.52% CAGR Through 2030

The Vietnam Telemedicine Market size was valued at around USD 360 million in 2024 and is projected to reach USD 660 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.52% during the forecast period, i.e., 2025-30. The Vietnam Telemedicine Market growth is due to the shift in increasing cases of diseases like cardiovascular, diabetes, dementia, etc., increasing penetration of 5G internet services and electronic devices, increasing investments in the sector, government support, increasing integration of AI, ML, Cloud, etc.

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Strategic Takeaways from the Report:

Market Sizing and Forecasting
Regulatory and Policy Influence
Competitive Trends and MA Activity
Innovation Drivers and Disruptive Technologies
Investment Hotspots and Emerging Niches
Geographical Dynamics and Trade Flows

Vietnam Telemedicine Market Segment Overview Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Product Type

Teleconsultation Telementoring
Teleradiology
Telecardiology
Telepsychiatry
Remote Patient Monitoring (RPM)
Medical Education Training
Others (Telepharmacy, Tele-homecare)

By Communication Technology

Video Conferencing Platforms
Mobile Health (mHealth) Apps
Web-based Portals
Telephone-based Services

Based on communication technology, the mobile health (mHealth) apps segment holds the largest market share by approximately 64%. This market share is due to the presence of increasing penetration of smartphones and rising 5G internet connectivity. A surge in the demand for smartphones has been recorded lately, due to the increasing remote working culture, the emerging gaming entertainment industry, rising e-commerce, and fintech. As per the Global System for Mobile Communications Association (GSMA), there were approximately 168.5 million cellular connections, and about 99.2% of internet users accessed the internet from smartphones in 2024. Numerous electronic manufacturers like Samsung, Apple, Xiaomi, and others have a strong presence in Vietnam and are increasingly introducing new and upgraded variants, attracting the growing Gen-Z and millennial population. Thus, the increasing adoption of smartphones, their easier portability, the support for various technologies and advances, and the increasing health awareness have led to an increase in the demand for mobile health apps for regular and real-time monitoring, among the Vietnamese population.

By Hosting Type

Cloud-based
On-premise

By End-User

Hospitals Clinics
Homecare Settings
Patients
Payers (Insurance Companies)
Others (e.g., Employers, Caregivers)

Hospitals Clinics hold the largest market share of about 56%. This is due to the increasing penetration of electronic devices, digitalization of the hospitals and clinics, lower number of advanced healthcare institutions, the adoption of 5G internet services, government support, etc. Telemedicine is gaining popularity in Vietnam due to the overcrowding of hospitals in urban cities like Hanoi, Ho Chi Minh, and others. The increasing progressive diseases and virus outbreaks have pushed the rural population to shift towards advanced, high-tech urban hospitals for the treatment process. The sudden increase in the number of patients and the availability of fewer doctors have extended the turnaround time, thus crowding the premises of the hospitals and clinics, reducing the efficiency of the segment. As a solution, several hospitals and clinics such as Bach Mai, Cho Ray, Hue Central, etc., have initiated telemedicine services for the efficient management of patients.

By Distribution Channel

Direct (Healthcare Facilities)
Third-Party Platforms (Online Telemedicine Providers)
Pharmacies
Others

By Region

Northern Vietnam
Central Vietnam
Southern Vietnam
Others.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Government Support Creating Lucrative Growth Opportunities – The government is supporting the market to boost the healthcare sector and digitalization of the nation, through the initialization of the regulatory frameworks, through initiatives such as Doctor for Everyone, public–private partnership, etc. The Vietnamese government initiated a collaborative project, Doctor for Everyone, with the United Nations Development Programme (UNDP) and the Korea Foundation for International Healthcare (KOFIH) in 2020, and several upgrades have been made over time. Under this initiative, backward and remote provinces such as Ha Giang, Ben Tre, Tay Ninh, etc., are focused, offering training for the workforce, inventory supplies, and investments of around USD3.2 million for the software. Similarly, the Ministry of Health of Vietnam has undertaken other plans and projects for the encouragement of telemedicine, aligning with the National Digital Health Transformation Strategy roadmap to 2025 and Vision 2030.

Thus, the strategies, vision plans, investments, regulations, training programs, etc., are increasing the acceptance and adoption of telemedicine in the nation, hence creating a potential for the growth of the telemedicine service providers in Vietnam.

Vietnam Telemedicine Market Competitive Snapshot from 2025-2030

The report highlights established and emerging players in the global Vietnam Telemedicine Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

Jio Health Vietnam
Med247
Doctor Anywhere Vietnam
eDoctor
Viettel Telehealth (Viettel Group)
Docosan
Hello Bacsi (Hello Health Group)
Vinmec Telemedicine (Vingroup)
Hoan My Telehealth
AiHealth

Their activities include partnerships, product launches, and geographic expansions.

Vietnam Telemedicine Industry Prime Challenge

Underdeveloped Digital Infrastructure to Hinder Market Growth – Most of the regions in Vietnam do not have a connected and stable digital infrastructure because of the geography of the nation, whose nearly 3/4 of its regions that are mountainous. As a consequence, a significant portion of the country does not have stable internet services. The connectivity gap between healthcare professionals and patients in rural mountainous areas broadens, resulting in the inclination of patients from such regions to conventional visits and treatments. Further, the healthcare sector of the country is underway for digitalization, which does not have high-quality, high-speed internet connectivity, thus hindering the consultation procedure. Thus, the undeveloped digital infrastructure and unstable internet connectivity across the nation widen the connectivity gap and hinder interaction, hence hampering the market growth in such regions.

Frequently Asked Questions (FAQs):

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