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Vietnam laboratory equipment market report size, share, growth drivers, trends, opportunities & forecast 2025–2030

The Vietnam Laboratory Equipment Market, valued at USD 1.3 billion, is growing due to rising demand in healthcare, research, and quality control, with key segments in analytical instruments.

Region:Asia

Author(s):Shubham

Product Code:KRAA8711

Pages:80

Published On:November 2025

About the Report

Base Year 2024

Vietnam Laboratory Equipment Market Overview

  • The Vietnam Laboratory Equipment Market is valued at USD 1.3 billion, based on a five-year historical analysis. This market size reflects the robust demand for advanced laboratory technologies, the expansion of healthcare infrastructure, and rising investments in research and development. Growth is further supported by government initiatives focused on improving laboratory service quality and fostering scientific research, as well as the increasing prevalence of chronic diseases and the adoption of preventive medicine practices. Technological advancements, such as automation and molecular diagnostics, are also accelerating market expansion .
  • Key cities such as Ho Chi Minh City and Hanoi continue to dominate the market due to their concentration of educational institutions, research centers, and healthcare facilities. These urban hubs attract both domestic and international laboratory equipment providers, benefiting from a skilled workforce and advanced infrastructure. The dominance of these cities is reinforced by the presence of leading hospitals and diagnostic centers, which drive demand for sophisticated laboratory solutions .
  • In 2023, the Vietnamese government enacted Circular No. 14/2023/TT-BYT issued by the Ministry of Health, which mandates that all laboratory equipment used in public health facilities must comply with ISO 15189 and other recognized international quality standards. This regulation requires manufacturers and suppliers to obtain certification for their products, ensuring improved accuracy and reliability of laboratory testing and better health outcomes for the population. Compliance is verified through periodic audits and documentation of conformity .
Vietnam Laboratory Equipment Market Size

Vietnam Laboratory Equipment Market Segmentation

By Type:The laboratory equipment market is segmented into analytical instruments, laboratory consumables, life science equipment, clinical laboratory equipment, environmental and industrial testing equipment, and others. Analytical instruments and laboratory consumables represent the largest segments, driven by their essential roles in diagnostics, research, and routine testing. The demand for life science and clinical laboratory equipment is rising due to increased investment in biotechnology, molecular diagnostics, and hospital-based laboratory expansion. Environmental and industrial testing equipment is gaining traction as regulations on environmental monitoring and industrial safety become stricter .

Vietnam Laboratory Equipment Market segmentation by Type.

By End-User:The end-user segmentation includes academic and research institutions, public hospital laboratories, private hospital laboratories, independent diagnostic labs, pharmaceutical and biotechnology companies, industrial and environmental testing labs, and others. Academic and research institutions are the leading end-users, reflecting Vietnam’s strategic focus on scientific innovation and education. Public hospital laboratories hold a significant share due to government funding and widespread presence, while private hospital labs and independent diagnostics centers are rapidly expanding, driven by rising healthcare demand and the growth of private healthcare providers. Pharmaceutical and biotechnology companies, as well as industrial and environmental testing labs, are increasing their investments in laboratory infrastructure to support research, quality control, and regulatory compliance .

Vietnam Laboratory Equipment Market segmentation by End-User.

Vietnam Laboratory Equipment Market Competitive Landscape

The Vietnam Laboratory Equipment Market is characterized by a dynamic mix of regional and international players. Leading participants such as Thermo Fisher Scientific, Agilent Technologies, Merck Group, PerkinElmer, Eppendorf AG, Sartorius AG, Bio-Rad Laboratories, VWR International (Avantor), Shimadzu Corporation, Beckman Coulter, Mettler Toledo, Hitachi High-Tech Corporation, HORIBA, Ltd., Panasonic Healthcare (PHC Holdings Corporation), Labconco Corporation, Daiichi Medical Co., Ltd., Tan Viet My Medical Equipment JSC, Viet Nguyen Trading and Service Co., Ltd., Viet My Medical Equipment Co., Ltd., Kimteco Scientific Co., Ltd. contribute to innovation, geographic expansion, and service delivery in this space.

Thermo Fisher Scientific

1956

Waltham, Massachusetts, USA

Agilent Technologies

1999

Santa Clara, California, USA

Merck Group

1668

Darmstadt, Germany

PerkinElmer

1937

Waltham, Massachusetts, USA

Eppendorf AG

1945

Hamburg, Germany

Company

Establishment Year

Headquarters

Group Size (Large, Medium, or Small as per industry convention)

Vietnam Market Revenue (USD, latest available year)

Revenue Growth Rate (Vietnam, 3-year CAGR)

Market Penetration Rate (Share of installed base or sales in Vietnam)

Product Portfolio Breadth (Number of product categories offered in Vietnam)

R&D Investment as % of Revenue

Vietnam Laboratory Equipment Market Industry Analysis

Growth Drivers

  • Increasing Investment in R&D:Vietnam's investment in research and development (R&D) has surged, reaching approximatelyUSD 1.1 billionin future, reflecting a less than 1% increase from the previous year. This growth is driven by both public and private sectors, with the government allocating less than 1% of GDP to R&D initiatives. Such investments are crucial for enhancing laboratory capabilities, fostering innovation, and improving the quality of laboratory equipment, thereby stimulating market growth in the laboratory equipment sector.
  • Rising Demand for Quality Control in Manufacturing:The manufacturing sector in Vietnam, which contributed approximatelyUSD 49 billionto the economy in future, is increasingly prioritizing quality control measures. This shift is evident as companies invest in advanced laboratory equipment to meet international standards. The demand for quality assurance is expected to drive laboratory equipment sales, as manufacturers seek to enhance product reliability and compliance with global quality benchmarks, further propelling market growth.
  • Expansion of Healthcare and Pharmaceutical Sectors:Vietnam's healthcare expenditure is projected to reachover USD 17 billionin future, driven by a growing population and increased health awareness. The pharmaceutical sector is also expanding, with a market value ofover USD 6 billionin future. This growth necessitates advanced laboratory equipment for research, testing, and quality assurance, creating significant opportunities for suppliers in the laboratory equipment market as healthcare demands rise.

Market Challenges

  • High Initial Capital Investment:The laboratory equipment market in Vietnam faces challenges due to the high initial capital investment required for advanced technologies. For instance, the cost of setting up a modern laboratory can exceedUSD 500,000, which poses a barrier for small and medium enterprises. This financial hurdle limits access to cutting-edge equipment, hindering overall market growth and innovation in laboratory practices.
  • Limited Awareness of Advanced Technologies:Despite the growth potential, there is a significant gap in awareness regarding advanced laboratory technologies among local businesses. A survey indicated that over60%of laboratory managers lack knowledge about the latest innovations. This limited understanding restricts the adoption of modern equipment, which is essential for improving efficiency and accuracy in laboratory operations, thus posing a challenge to market expansion.

Vietnam Laboratory Equipment Market Future Outlook

The Vietnam laboratory equipment market is poised for significant growth, driven by technological advancements and increasing investments in healthcare and R&D. As automation and AI integration become more prevalent, laboratories will enhance operational efficiency and data accuracy. Furthermore, the government's commitment to improving laboratory infrastructure will facilitate better access to modern equipment. These trends indicate a robust future for the market, with opportunities for innovation and collaboration with international research entities, fostering a competitive landscape.

Market Opportunities

  • Growth in Biotechnology and Life Sciences:The biotechnology sector in Vietnam is expected to grow significantly, with investments projected to reachover USD 800 millionin future. This growth presents opportunities for laboratory equipment suppliers to cater to the increasing demand for specialized equipment, enhancing research capabilities and fostering innovation in life sciences.
  • Increasing Focus on Environmental Testing:With environmental regulations tightening, the demand for laboratory equipment for environmental testing is on the rise. The Vietnamese government has allocatedover USD 150 millionfor environmental monitoring initiatives in future, creating opportunities for suppliers to provide advanced testing equipment, thus addressing both regulatory compliance and public health concerns.

Scope of the Report

SegmentSub-Segments
By Type

Analytical Instruments (e.g., spectrophotometers, chromatographs, mass spectrometers)

Laboratory Consumables (e.g., reagents, pipettes, glassware, plasticware)

Life Science Equipment (e.g., PCR machines, centrifuges, incubators)

Clinical Laboratory Equipment (e.g., hematology analyzers, immunoassay analyzers, chemistry analyzers)

Environmental & Industrial Testing Equipment (e.g., water quality analyzers, air samplers)

Others

By End-User

Academic & Research Institutions

Public Hospital Laboratories

Private Hospital Laboratories

Independent Diagnostic Labs

Pharmaceutical & Biotechnology Companies

Industrial & Environmental Testing Labs

Others

By Application

Quality Control & Assurance

Research & Development

Clinical Diagnostics

Environmental & Food Safety Testing

Forensic Testing

Others

By Distribution Channel

Direct Sales

Online Sales

Distributors & Resellers

Others

By Region

Northern Vietnam (incl. Hanoi, Red River Delta)

Central Vietnam (incl. North Central, South Central Coast, Central Highlands)

Southern Vietnam (incl. Ho Chi Minh City, Mekong River Delta, Southeast)

Others

By Technology

Traditional Laboratory Equipment

Automated Laboratory Systems

Digital & AI-Enabled Laboratory Solutions

Point-of-Care Testing Devices

Others

By Market Segment

Public Sector Laboratories

Private Sector Laboratories

Others

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., Ministry of Science and Technology, Ministry of Health)

Manufacturers and Producers

Distributors and Retailers

Pharmaceutical Companies

Biotechnology Firms

Healthcare Providers

Quality Control and Assurance Agencies

Players Mentioned in the Report:

Thermo Fisher Scientific

Agilent Technologies

Merck Group

PerkinElmer

Eppendorf AG

Sartorius AG

Bio-Rad Laboratories

VWR International (Avantor)

Shimadzu Corporation

Beckman Coulter

Mettler Toledo

Hitachi High-Tech Corporation

HORIBA, Ltd.

Panasonic Healthcare (PHC Holdings Corporation)

Labconco Corporation

Daiichi Medical Co., Ltd.

Tan Viet My Medical Equipment JSC

Viet Nguyen Trading and Service Co., Ltd.

Viet My Medical Equipment Co., Ltd.

Kimteco Scientific Co., Ltd.

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Vietnam Laboratory Equipment Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Vietnam Laboratory Equipment Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Vietnam Laboratory Equipment Market Analysis

3.1 Growth Drivers

3.1.1 Increasing investment in R&D
3.1.2 Rising demand for quality control in manufacturing
3.1.3 Expansion of healthcare and pharmaceutical sectors
3.1.4 Government initiatives to enhance laboratory infrastructure

3.2 Market Challenges

3.2.1 High initial capital investment
3.2.2 Limited awareness of advanced technologies
3.2.3 Regulatory compliance complexities
3.2.4 Competition from low-cost imports

3.3 Market Opportunities

3.3.1 Growth in biotechnology and life sciences
3.3.2 Increasing focus on environmental testing
3.3.3 Development of smart laboratory solutions
3.3.4 Collaborations with international research institutions

3.4 Market Trends

3.4.1 Adoption of automation in laboratories
3.4.2 Shift towards sustainable laboratory practices
3.4.3 Integration of AI and data analytics
3.4.4 Growth of online procurement platforms

3.5 Government Regulation

3.5.1 Standards for laboratory safety and quality
3.5.2 Regulations on hazardous waste disposal
3.5.3 Compliance requirements for laboratory equipment
3.5.4 Incentives for local manufacturing of laboratory equipment

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Vietnam Laboratory Equipment Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Vietnam Laboratory Equipment Market Segmentation

8.1 By Type

8.1.1 Analytical Instruments (e.g., spectrophotometers, chromatographs, mass spectrometers)
8.1.2 Laboratory Consumables (e.g., reagents, pipettes, glassware, plasticware)
8.1.3 Life Science Equipment (e.g., PCR machines, centrifuges, incubators)
8.1.4 Clinical Laboratory Equipment (e.g., hematology analyzers, immunoassay analyzers, chemistry analyzers)
8.1.5 Environmental & Industrial Testing Equipment (e.g., water quality analyzers, air samplers)
8.1.6 Others

8.2 By End-User

8.2.1 Academic & Research Institutions
8.2.2 Public Hospital Laboratories
8.2.3 Private Hospital Laboratories
8.2.4 Independent Diagnostic Labs
8.2.5 Pharmaceutical & Biotechnology Companies
8.2.6 Industrial & Environmental Testing Labs
8.2.7 Others

8.3 By Application

8.3.1 Quality Control & Assurance
8.3.2 Research & Development
8.3.3 Clinical Diagnostics
8.3.4 Environmental & Food Safety Testing
8.3.5 Forensic Testing
8.3.6 Others

8.4 By Distribution Channel

8.4.1 Direct Sales
8.4.2 Online Sales
8.4.3 Distributors & Resellers
8.4.4 Others

8.5 By Region

8.5.1 Northern Vietnam (incl. Hanoi, Red River Delta)
8.5.2 Central Vietnam (incl. North Central, South Central Coast, Central Highlands)
8.5.3 Southern Vietnam (incl. Ho Chi Minh City, Mekong River Delta, Southeast)
8.5.4 Others

8.6 By Technology

8.6.1 Traditional Laboratory Equipment
8.6.2 Automated Laboratory Systems
8.6.3 Digital & AI-Enabled Laboratory Solutions
8.6.4 Point-of-Care Testing Devices
8.6.5 Others

8.7 By Market Segment

8.7.1 Public Sector Laboratories
8.7.2 Private Sector Laboratories
8.7.3 Others

9. Vietnam Laboratory Equipment Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Group Size (Large, Medium, or Small as per industry convention)
9.2.3 Vietnam Market Revenue (USD, latest available year)
9.2.4 Revenue Growth Rate (Vietnam, 3-year CAGR)
9.2.5 Market Penetration Rate (Share of installed base or sales in Vietnam)
9.2.6 Product Portfolio Breadth (Number of product categories offered in Vietnam)
9.2.7 R&D Investment as % of Revenue
9.2.8 Local Distribution Network Strength (Number of local partners/distributors)
9.2.9 After-Sales Service Coverage (Number of service centers or support staff in Vietnam)
9.2.10 Customer Satisfaction Score (Vietnam-specific, if available)
9.2.11 Regulatory Compliance Track Record (e.g., MOH certifications, ISO accreditations)
9.2.12 Pricing Competitiveness (Relative to market average)

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 Thermo Fisher Scientific
9.5.2 Agilent Technologies
9.5.3 Merck Group
9.5.4 PerkinElmer
9.5.5 Eppendorf AG
9.5.6 Sartorius AG
9.5.7 Bio-Rad Laboratories
9.5.8 VWR International (Avantor)
9.5.9 Shimadzu Corporation
9.5.10 Beckman Coulter
9.5.11 Mettler Toledo
9.5.12 Hitachi High-Tech Corporation
9.5.13 HORIBA, Ltd.
9.5.14 Panasonic Healthcare (PHC Holdings Corporation)
9.5.15 Labconco Corporation
9.5.16 Daiichi Medical Co., Ltd.
9.5.17 Tan Viet My Medical Equipment JSC
9.5.18 Viet Nguyen Trading and Service Co., Ltd.
9.5.19 Viet My Medical Equipment Co., Ltd.
9.5.20 Kimteco Scientific Co., Ltd.

10. Vietnam Laboratory Equipment Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Budget Allocation Trends
10.1.2 Decision-Making Processes
10.1.3 Preferred Suppliers
10.1.4 Compliance Requirements

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment Trends
10.2.2 Budget Prioritization
10.2.3 Long-term Contracts
10.2.4 Cost Management Strategies

10.3 Pain Point Analysis by End-User Category

10.3.1 Equipment Reliability Issues
10.3.2 Maintenance Challenges
10.3.3 Training and Skill Gaps
10.3.4 Budget Constraints

10.4 User Readiness for Adoption

10.4.1 Technology Acceptance Levels
10.4.2 Training Needs
10.4.3 Infrastructure Readiness
10.4.4 Support Requirements

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Performance Metrics
10.5.2 User Feedback Mechanisms
10.5.3 Scalability Potential
10.5.4 Future Investment Plans

11. Vietnam Laboratory Equipment Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market Gaps Identification

1.2 Value Proposition Development

1.3 Revenue Streams Analysis

1.4 Cost Structure Evaluation

1.5 Key Partnerships Exploration

1.6 Customer Segmentation

1.7 Channels of Distribution


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs

2.3 Target Market Identification

2.4 Communication Strategies

2.5 Digital Marketing Approaches


3. Distribution Plan

3.1 Urban Retail Strategies

3.2 Rural NGO Tie-ups

3.3 E-commerce Integration

3.4 Logistics and Supply Chain Management


4. Channel & Pricing Gaps

4.1 Underserved Routes

4.2 Pricing Bands Analysis

4.3 Competitor Pricing Strategies


5. Unmet Demand & Latent Needs

5.1 Category Gaps Identification

5.2 Consumer Segments Analysis

5.3 Future Trends Forecasting


6. Customer Relationship

6.1 Loyalty Programs

6.2 After-sales Service Strategies

6.3 Customer Feedback Mechanisms


7. Value Proposition

7.1 Sustainability Initiatives

7.2 Integrated Supply Chains

7.3 Competitive Advantages


8. Key Activities

8.1 Regulatory Compliance

8.2 Branding Initiatives

8.3 Distribution Setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product Mix Considerations
9.1.2 Pricing Band Strategies
9.1.3 Packaging Innovations

9.2 Export Entry Strategy

9.2.1 Target Countries Analysis
9.2.2 Compliance Roadmap Development

10. Entry Mode Assessment

10.1 Joint Ventures

10.2 Greenfield Investments

10.3 Mergers & Acquisitions

10.4 Distributor Model Evaluation


11. Capital and Timeline Estimation

11.1 Capital Requirements Analysis

11.2 Timelines for Implementation


12. Control vs Risk Trade-Off

12.1 Ownership vs Partnerships

12.2 Risk Management Strategies


13. Profitability Outlook

13.1 Breakeven Analysis

13.2 Long-term Sustainability Strategies


14. Potential Partner List

14.1 Distributors

14.2 Joint Ventures

14.3 Acquisition Targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Milestone Identification
15.2.2 Activity Scheduling

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Analysis of industry reports from Vietnamese government agencies and trade associations
  • Review of academic publications and market studies related to laboratory equipment
  • Examination of import/export data and trends from customs and trade databases

Primary Research

  • Interviews with laboratory managers and procurement officers in key sectors such as pharmaceuticals and education
  • Surveys targeting equipment suppliers and distributors to gather insights on market dynamics
  • Field visits to laboratories to observe equipment usage and gather qualitative data

Validation & Triangulation

  • Cross-validation of findings through multiple data sources including trade statistics and expert opinions
  • Triangulation of market size estimates using both top-down and bottom-up approaches
  • Sanity checks through feedback from industry experts and stakeholders

Phase 2: Market Size Estimation1

Top-down Assessment

  • Estimation of total market size based on national healthcare and education budgets
  • Segmentation of the market by end-user applications such as research, diagnostics, and quality control
  • Incorporation of growth rates from related sectors like biotechnology and pharmaceuticals

Bottom-up Modeling

  • Collection of sales data from leading laboratory equipment manufacturers and distributors
  • Estimation of average selling prices and volume sold across different equipment categories
  • Analysis of customer purchasing patterns and frequency of equipment upgrades

Forecasting & Scenario Analysis

  • Development of forecasts based on historical growth trends and emerging market opportunities
  • Scenario analysis considering factors such as regulatory changes and technological advancements
  • Creation of baseline, optimistic, and pessimistic projections through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Pharmaceutical Laboratories100Laboratory Managers, Quality Control Analysts
Academic Research Institutions60Research Scientists, Lab Technicians
Clinical Diagnostics Centers50Laboratory Directors, Procurement Specialists
Industrial Testing Facilities40Operations Managers, Equipment Buyers
Government Research Labs40Research Coordinators, Policy Makers

Frequently Asked Questions

What is the current value of the Vietnam Laboratory Equipment Market?

The Vietnam Laboratory Equipment Market is valued at approximately USD 1.3 billion, reflecting strong demand for advanced laboratory technologies and significant investments in healthcare and research infrastructure.

What factors are driving the growth of the Vietnam Laboratory Equipment Market?

Which cities dominate the Vietnam Laboratory Equipment Market?

What recent regulations have impacted the Vietnam Laboratory Equipment Market?

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