Vietnam Health Tech Market: Rising Digital Adoption Fuels Sector Growth | Ken Research
Vietnam's Digital Health Market is valued at USD 926 million in 2023, per Ken Research, with the broader Health Tech market growing at a double-digit CAGR driven by rising internet penetration, government-mandated digitisation, and a rapidly expanding middle class. 93% of Vietnamese people had personal health insurance in 2023, up from 46% in 2008, per Vietnam's Ministry of Health, creating a large insured population that is increasingly engaging with digital health platforms. The government's National Digital Transformation Program (Decision 749/QD-TTg, June 2020) identified healthcare as a top priority among eight sectors targeted for immediate digital transformation, designating it as "an area with rapid societal impact, daily relevance to citizens, and a need for prioritized digitisation." Prime Minister's Directive No. 07 in March 2025 set a hard deadline for all hospitals nationwide to fully implement electronic medical records by September 30, 2025, per Vietnam Ministry of Health (VietnamPlus). With 84% of the population owning smartphones, per Vietnam Ministry of Health data, and the VNeID app already holding 57 million registrations, Vietnam's digital health transformation is accelerating from policy mandate to nationwide operational reality. The Vietnam Health Tech Market report by Ken Research covers market sizing by health tech category, segmentation by service type and region, competitive landscape, and demand outlook to 2026.