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Vietnam E Pharmacy Market, By Product Type (Prescription Medicines v/s Over-The-Counter Medicines), By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others), By Operating Platform (Websites v/s Apps), By Region, Competition Forecast & Opportunities, 2028

  • ID: 5557909
  • Report
  • March 2022
  • Region: Vietnam
  • 77 Pages
  • TechSci Research
UP TO OFF until Jul 31st 2022
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FEATURED COMPANIES

  • mClinica Vietnam
  • Med247
  • Medigo Vietnam
  • Nhà thu?c Pharmacity
  • TNHH Buymed Co., Ltd.
  • VinFa Joint Stock Company
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10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

The Vietnam E Pharmacy Market was valued at USD72.06 million in the year 2021, that may register its growth at a CAGR of 22.85% during the forecast period, 2023-2027, to achieve a market value of USD242.1 million by 2027F on the account of expanding pharmaceutical industry in the country. Growing penetration of internet in the healthcare industry and distribution of the pharmaceutical and therapeutic products over online channels, is anticipated to drive the growth of the Vietnam E Pharmacy Market in the upcoming five years. Digitization of healthcare services along with the increasing e-commerce adaptations by the market players for the sales of the product all over the country us further supporting the growth of the Vietnam E Pharmacy Market in the next five years. Recent pandemic situation due to COVID-19, further enhanced on the e-commerce industry. The consumers preferred online purchases and home delivery of the medical supplies like medicines, masks, sanitizers, etc. over physically visiting the pharmacies. The inclination toward online shopping further enhanced the growth of the Vietnam E Pharmacy Market in the future five years. Moreover, increasing sales of smartphones, increasing use of internet based services of pharmaceuticals and therapeutics is further substantiating the growth of the Vietnam E Pharmacy Market in the forecast years through 2027. Surging demand for over the counter drugs along with the efficiency of the e-pharmacies in delivering low cost medical supplies for the population is further aiding the growth of the Vietnam E Pharmacy Market in the forecast period.



The Vietnam E Pharmacy Market is segmented by product type, therapy area, operating platform, competitional landscape, and regional distribution. Based on product type, the market is further differentiated into prescription medicine and over the counter drugs. Prescription drugs are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of rapidly increasing instances of chronic diseases in the country. Prolonged treatment for the diseases requires regular drugs dosage that drives the consumer to continue purchasing the drugs from online pharmacies thus driving the growth of the market segment. Over the counter drugs are also expected to hold significant revenue shares of the market and aid the market growth with increasing sales. Rapidly growing lifestyle diseases due to increasing cases of obesity, blood pressure, diabetes, etc. along with the other age related disorders are driving the growth of the Vietnam E Pharmacy Market in the forecast years through 2027. Increasing geriatric population of the country also influences the growth of the Vietnam E Pharmacy Market in upcoming five years.

Medcare Services and Investment Co., TNHH Buymed Co., Ltd., FPT Long Chau Pharma Joint Stock Company, Phòng khám Đa khoa Cao Cấp Jio Health (Jio Health), Med247, Vietskin (Gia Han Medical Services Joint Stock Company), Nhà thuốc Pharmacity, Medigo Vietnam, mClinica Vietnam, VinFa Joint Stock Company, among others is a partial list of major market players of the companies responsible for the growth of the Vietnam E Pharmacy Market.

Years considered for this report:

  • Historical Years: 2017- 2020
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023 – 2027

Objective of the Study:

  • To analyze the market size of the Vietnam E Pharmacy Market from 2017 to 2020.
  • To estimate and forecast the market size of the Vietnam E Pharmacy Market from 2021 to 2022 and growth rate until 2027.
  • To classify and forecast the Vietnam E Pharmacy Market based on product type, therapy area, operating platform, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Vietnam E Pharmacy Market.
  • To identify drivers and challenges for the Vietnam E Pharmacy Market.
  • To examine competitive developments such as expansions, new service launches, mergers & acquisitions, etc., in the Vietnam E Pharmacy Market.
  • To identify and analyze the profile of leading players operating in the Vietnam E Pharmacy Market
  • To identify key sustainable strategies adopted by the market players in the Vietnam E Pharmacy Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of service providers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the service providers which could not be identified due to the limitations of secondary research. The publisher analyzed the service providers, distribution channels and presence of all major players across India.

The publisher calculated the market size of the Vietnam E Pharmacy Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

  • Service providers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to e-pharmacy
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:


In this report, the Vietnam E Pharmacy Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Vietnam E Pharmacy Market, By Product Type:

  • Prescription medicines
  • Over-The-Counter medicines

Vietnam E Pharmacy Market, By Therapy Area:

  • Vitamins
  • Dermatology
  • Cold & Flu
  • Weight Loss
  • Others

Vietnam E Pharmacy Market, By Operating platform:

  • Websites
  • Apps

Vietnam E Pharmacy Market, By Region:

  • Southern Region
  • Central Region
  • Northern Region

Competitive Landscape


Company Profiles: Detailed analysis of the major companies present in the Vietnam E Pharmacy Market.

Available Customizations:


With the given market data, the publisher offers customizations according to a company’s specific needs.
Frequently Asked Questions about the Vietnam E Pharmacy Market

What is the estimated value of the Vietnam E Pharmacy Market?

The Vietnam E Pharmacy Market was estimated to be valued at $36.9 Million in 2017.

What is the growth rate of the Vietnam E Pharmacy Market?

The growth rate of the Vietnam E Pharmacy Market is 20.7%, with an estimated value of $242.1 Million by 2027.

What is the forecasted size of the Vietnam E Pharmacy Market?

The Vietnam E Pharmacy Market is estimated to be worth $242.1 Million by 2027.

Who are the key companies in the Vietnam E Pharmacy Market?

Key companies in the Vietnam E Pharmacy Market include Medcare Services and Investment Co., TNHH Buymed Co., Ltd., FPT Long Chau Pharma Joint Stock Company, Phòng khám Ða khoa Cao C?p Jio Health (Jio Health), Med247, Vietskin (Gia Han Medical Services Joint Stock Company), Nhà thu?c Pharmacity, Medigo Vietnam and VinFa Joint Stock Company.

FEATURED COMPANIES

  • mClinica Vietnam
  • Med247
  • Medigo Vietnam
  • Nhà thu?c Pharmacity
  • TNHH Buymed Co., Ltd.
  • VinFa Joint Stock Company

1. Product Overview2. Research Methodology3. Impact of COVID-19 on Vietnam E Pharmacy Market4. Executive Summary
5. Voice of Customer
5.1. Brand Awareness
5.2. Preference, By Product Type
5.3. Preference, By Therapy Area
5.4. Preference, By Operating Platform
6. Vietnam E Pharmacy Market Outlook, 2017-2027F
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Prescription medicine v/s Over-The-Counter medicine)
6.2.2. By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others)
6.2.3. By Operating Platforms (Websites v/s Apps)
6.2.4. By Region
6.2.5. By Company (2021)
6.3. Product Market Map
7. Vietnam Website based E-pharmacy market Outlook, 2017-2027F
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type (Prescription medicine v/s Over-The-Counter medicine)
7.2.2. By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others)
8. Vietnam Apps based E-pharmacy market Outlook, 2017-2027F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type (Prescription medicine v/s Over-The-Counter medicine)
8.2.2. By Therapy Area (Vitamins, Dermatology, Cold & Flu, Weight Loss, Others)
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments11. Policy & Regulatory Landscape12. Vietnam Economic Profile
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Medcare Services and Investment Co.
13.2.2. TNHH Buymed Co., Ltd.
13.2.3. FPT Long Chau Pharma Joint Stock Company
13.2.4. Phòng khám Ða khoa Cao C?p Jio Health (Jio Health)
13.2.5. Med247
13.2.6. Vietskin (Gia Han Medical Services Joint Stock Company)
13.2.7. Nhà thu?c Pharmacity
13.2.8. Medigo Vietnam
13.2.9. mClinica Vietnam
13.2.10. VinFa Joint Stock Company
14. Strategic Recommendations

List of Figures

Figure 1: Vietnam E Pharmacy Market, By Value (USD Million),2017-2027F
Figure 2: Vietnam E Pharmacy Market, By Product Type, By Value, 2017-2027F
Figure 3: Vietnam E Pharmacy Market, By Therapy Area, By Value, 2017-2027F
Figure 4: Vietnam E Pharmacy Market, By Operating Platforms, By Value, 2017-2027F
Figure 5: Vietnam E Pharmacy Market, By Region, By Value, 2017-2027F
Figure 6: Vietnam E Pharmacy Market, By Company, By Value, 2017-2027F
Figure 7: Vietnam E Pharmacy Market Map, By Product Type, Market Size (USD Million) & Growth Rate (%), 2021
Figure 8: Vietnam E Pharmacy Market Map, By Therapy Area, Market Size (USD Million) & Growth Rate (%), 2021
Figure 9: Vietnam E Pharmacy Market Map, By Operating Platforms, Market Size (USD Million) & Growth Rate (%), 2021
Figure 10: Vietnam E Pharmacy Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021
Figure 11: Vietnam Website based E-pharmacy Market, By Value (USD Million),2017-2027F
Figure 12: Vietnam Website based E-pharmacy Market, By Product Type, By Value, 2017-2027F
Figure 13: Vietnam Website based E-pharmacy Market, By Therapy Area, By Value, 2017-2027F
Figure 14: Vietnam App based E-pharmacy Market, By Value (USD Million),2017-2027F
Figure 15: Vietnam App based E-pharmacy Market, By Product Type, By Value, 2017-2027F
Figure 16: Vietnam App based E-pharmacy Market, By Therapy Area, By Value, 2017-2027F

A selection of companies mentioned in this report includes:

  • Medcare Services and Investment Co.
  • TNHH Buymed Co., Ltd.
  • FPT Long Chau Pharma Joint Stock Company
  • Phòng khám Đa khoa Cao Cấp Jio Health (Jio Health)
  • Med247
  • Vietskin (Gia Han Medical Services Joint Stock Company)
  • Nhà thuốc Pharmacity
  • Medigo Vietnam
  • mClinica Vietnam
  • VinFa Joint Stock Company