Key Findings
The Vietnam cosmetic surgery and procedure market is predicted to grow with a CAGR of 6.22% during the forecast years. The market growth of the country is determined by key aspects such as the developing healthcare industry, in addition to affordable cosmetic surgery rates. The base year considered for the studied market is 2021 and the forecasting period is from 2022 to 2028.
Market Insights
Although the healthcare sector in Vietnam is improving, the industry has been plagued with issues associated with regulations. Some of the leading companies as well as hospitals/clinics operating in the country are Duy Thien Plastic and Cosmetic Surgery Center and Saigon Hospital of Cosmetic Surgery, among others.
Duy Thien Plastic and Cosmetic Surgery Center and Saigon Hospital of Cosmetic Surgery was the first hospital of cosmetic surgery to be licensed by the Ministry of Health in Vietnam. Several international patients from the United States, Europe, Australia, and other Asian countries also visit the hospital. The staff comprises a proficient group of well-trained surgeons led by American Board of Cosmetic Surgery certified Professor Nguy?n Xu?n C??ng, MD. The hospital offers a variety of surgeries, ranging from liposuction to chin implants.
Furthermore, Vietnam was reportedly crowned the most affordable country for plastic surgery in the world by the Beauty Price Index in 2018, despite not being a prominent plastic surgery haven. As a result, these factors are set to influence the Vietnam cosmetic surgery and procedure market growth during the forecast years.
Competitive Insights
The top companies operating in the market are Galderma, Allergan PLC, Merz Pharma, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments