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The Clinical Laboratories Market in Vietnam is expected to generate ~$560 Mn owing to rise in diseases, growth in Health-Tech startups and rise of new technologies: Ken Research




Vietnam Clinical Laboratories Market is at growing stage and has moderately fragmented market with about 10-12 organized lab chains and 7-8 Private Hospital Chains. The Clinical Laboratories Market in the Vietnam has seen emergence of more than 20-30 players over the past 5 years. Medic-Lab and Diag Laboratories are market leaders for Independent Lab Chains and Hoan My and FV Hospital for Private Hospitals.

  • The Post-Covid comorbidities would contribute to major part of Testing revenue for the next 12-24 months in the market. Tests like D-dimer, Embolism, Myoglobin shall be essential.
  • The behavioral trend among patients in Vietnam has changed and they have grown more concerned about their health which could drive revenues in the future.
  • Privatization of Healthcare would imply that Healthcare becomes more expensive and thereby drive Revenue for the overall market in Vietnam.

Brand Building InitiativesIn order to differentiate their offerings, quality, and test accuracy, all major diagnostic retailers investing in their brand building & marketing campaigns. Advertisement campaigns, healthcare camps, and wellness & preventive test packages are being launched under their own brands. Considering the competitive nature of the market, they focus on repeat sales and turning referrals into owned clients.

Emergence of StartupsThe Healthcare segment in Vietnam has seen the emergence of a number of startups offering pharmaceutical delivery, online consultation and health check-ups and other services. The clinical laboratories may associate with the likes of eDoctor, Hello BacSi for doctor referrals on diagnostic tests. The angels and VCs have also recently shown interest in the Vietnam Health-Tech market which could mark high growth for the sector.

Change in Consumption HabitsThe general population’s consumption habits now include Healthcare as an essential component. More people are enrolled in the Social Health Insurance program and Private Health Insurance as well owing to the rising income. They are availing better facilities at the Private Hospitals and best Clinical Laboratories available.

Analysts at Ken Research in their latest publication Vietnam Clinical Laboratories Market Outlook to 2027F- Driven by Private Hospitals driving the future of Healthcare and Clinical Tests in Vietnam by Ken Research observed that Clinical Laboratories market is an emergent healthcare market in Vietnam at a growing stage from the economic crisis after pandemic. The rising government policies and consumption habits of Vietnamese patients, growth of Health-Tech and digital adoption along with rise of new technologies is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 10.4% CAGR during 20212-2027F owing to Increasing Awareness, Rising Disposable Income and new government policies.

Key Segments Covered in the report:-

Vietnam Clinical Laboratories Market

By Type of Labs

  • Independent Labs
  • Private Hospital Labs
  • Public Hospital Labs

By Independent Labs

  • Organized Labs
  • Unorganized Labs

By Private Hospital Labs

  • In-House Labs
  • Third Party Tie-Ups

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By End-User

  • Corporate Clients
  • Walk-Ins
  • Doctor Referrals
  • Online Referrals

By Payor

  • Out-of-Pocket
  • Corporate Insurance
  • Private Insurance
  • Universal Health (Vietnam Govt.)

By Type of Tests

  • Pathology
  • Radiology

By Region

  • Northern
  • Southern
  • Central

By Age

  • 0-20
  • 20-40
  • 40-60
  • Above 60

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Key Target Audience

  • Clinic Service Providers
  • Clinic Equipment Distributors
  • Clinic Equipment Manufacturers
  • Clinics
  • Hospitals
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities
  • Market Research and Consulting Firms

Time Period Captured in the Report:-

  • Historical Period: 2016-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027F

Companies Covered:-

  • Medic-Lab
  • Diag Laboratories
  • Chemedic Joint Stock Company
  • Labo TH Vietnam
  • FV Hospital
  • Vin Mec
  • Omron
  • Abbott
  • Terumo
  • Siemens

Key Topics Covered in the Report:-

  • Cross Comparison of Clinical Laboratories Market in Vietnam with Other Countries
  • Ecosystem of Clinical Laboratories Market in Vietnam
  • Evolution of Independent Clinical Laboratories Market in Vietnam
  • Value Chain of Clinical Laboratories Market in Vietnam
  • Market Size of Clinical Laboratories Industry in the Vietnam on the basis of Revenue, 2017-2022P
  • Market Segmentation of Clinical Laboratories Market in Vietnam, 2022P
  • Trends and Developments in Vietnam Clinical Laboratories Market
  • Key Challenges in Vietnam Clinical Laboratories Market
  • SWOT Analysis: Vietnam Clinical Laboratories Market
  • Growth Drivers of Vietnam Clinical Laboratories Market
  • Impact of Covid-19 on Vietnam Clinical Laboratories Market
  • Vietnam Clinical Laboratory Setup Procedure
  • Next Generation Laboratory Technology Trends
  • Competition Scenario for Vietnam Clinical Laboratories Market
  • Market Positioning Analysis for Clinical Laboratories Market in Vietnam
  • Market and Competitor Analysis by comparing Industry Growth
  • Pricing Analysis of Market players
  • Future Outlook and Projections, 2023E-2026E
  • Analyst Recommendations

For more insights on the market intelligence, refer to below link:-

Vietnam Clinical Laboratories Market

Related Reports by Ken Research:-

Thailand Clinical Laboratory Market Outlook to 2026F- Driven by widening customer base, Government initiatives and increasing corporate requirements for clinical testing

According to Ken Research estimates, the Thailand Clinical Laboratory Market – which grew at a CAGR of 9.0% in the period of 2016-2021 – is expected to grow at a CAGR of 9.5% in the forecasted period of 2022F-2026F, owing to the increasing healthcare spending by aging population, expanding healthcare spending by the Government, growth in non-communicable disease and chronic diseases and increasing public awareness. The market is led by N Health; having the major share of the Clinical Laboratory Market in Thailand. Other players include Pathlab, Thonburi Clinical Labs, Bangkok Medical Labs, Medical Line Lab, Innotech Laboratories and others. Around 60.0% of medical decisions regarding early disease diagnosis, patient prognosis and treatment selection are based on laboratory diagnostic results.

Philippines Clinical Laboratory Market Outlook to 2027F- Driven by increasing awareness, widening customer base, digitalization and increasing corporate requirements for clinical testing

According to Ken Research estimates, the Philippines Clinical Laboratory Market – which grew from approximately ~800 USD Mn in 2017 to approximately ~1000 USD Mn in 2022 – is forecasted to grow further into ~1500 USD Mn opportunity by 2027F, owing to the New Government Policies, Rising Health Consciousness, Newer Delivery Models and New Players in the Market. Market is highly fragmented with over 4000+ medical labs across Philippines. Philippines Government is increasing its Health Budget every year with $ 3.71 Billion PHP in 2021. There are 3185 (87.8%) private independent labs and 441 (12.2%) government independent labs in Philippines.

KSA Dental Services Market Outlook to 2027F- Driven by Rising Oral Health Awareness, Demand for Aesthetics among Saudi Arabians and Government Initiatives

According to Ken Research estimates, the KSA Dental Services Market grew from ~$1.7 Bn in 2018 and ~$ 2 Bn in 2022P owing to the rise in oral health awareness, inclination towards a healthier lifestyle and rising demand for aesthetics and is forecasted to grow further ~$ 3 Bn by 2027F due to improvements in the Saudi healthcare sector by KSA government. Factors like rising oral health related diseases, technological advancements in dentistry along with an inclination toward the use of minimally invasive procedures and artificial dentistry are propelling the growth. KSA has a total of 504 hospitals of which 337 hospitals are under MOH and 167 private hospitals. There are 201,489 healthcare workers and ~26,000 Dentists in 2022P.

UAE Diabetes Care Services Market Outlook to 2027F- Driven by Rising Diabetes Cases and Increasing Privatization in the Healthcare sector

According to Ken Research estimates, the UAE Diabetes Care Services market expanded at a CAGR of ~5.9% between FY’17– FY’22P on the basis of revenue generated. The market saw rapid growth owning to the favorable government Initiatives, increase in diabetes patient and rising technological advancement. UAE Diabetes Care Services market is estimated to grow at a positive CAGR of ~6.1% between FY’22P-FY’27F. UAE Diabetes Clinics Market is anticipated to witness significant growth due to the improvements in existing services along with introduction of new improved technologies and increased privatization of health care sector. Major services provided by UAE Diabetes Health Care players are Endocrinology, antenatal/gestational and juvenile diabetes care, nutritional advice, and radiology.

Artificial Intelligence

Belgian Commitment to Partnership Supports a New Frontier of Europe-US Space Research




BRUSSELS, Dec. 10, 2023 /PRNewswire/ — Belgian Prime Minister Alexander De Croo has travelled to Houston, United States, to meet Raphaël Liégeois, the Belgian career astronaut selected as part of the European Space Agency (ESA) astronaut class of 2022. De Croo’s visit coincides with the ESA cohort’s familiarisation trip to NASA’s Johnson Space Centre, which is the precursor to a further two years of training, delivered in Houston, to prepare the astronauts for their respective missions on the International Space Station. The visit signals a new phase of the long-standing collaboration between Europe and the United States on space research and exemplifies Belgium’s commitment to partnerships in facing global challenges.

Belgium’s expertise in aerospace, and in science more generally, is internationally recognised – in terms of both training and industry. Belgium is a founding member of the ESA and its fifth-largest funder. The country’s support of the ESA shows its commitment to shaping the development of Europe’s space capability and ensuring that investment in space continues to deliver benefits to the citizens of Europe and the world.
“For Belgians, the sky isn’t the limit, the universe is,” said De Croo. “Today, we are very proud to see Raphaël take this important step in his career as an astronaut. He will be an important role model for many generations of STEM students to come. Space research and innovation hold particular importance for Belgium; they are powerful economic drivers which foster the growth of high-tech industries and create jobs – as evidenced by the number of Belgian companies on the cutting edge of aeronautics.” 
The 17 members of the ESA astronaut class of 2022 were selected from a pool of over 23,000 applicants. The process, designed to bring together the finest scientific minds that Europe has to offer, took place over a period lasting 18 months.
The selection of Raphaël Liégeois is testament to Belgium’s focus on embracing openness, driven by innovation, partnerships, and diversity, to create solutions that drive progress for all.
About Belgium
Located in the heart of Europe, Belgium is one of the most open economies in the world, counting 11.5 million people with a reputation for innovation, hard work, partnership, and multilingualism. Strategically located between Germany, the Netherlands, France, and Luxembourg, and only a stone’s throw from the UK, it lies at the centre of the richest and most densely populated area in Europe. A member of the European Union, Belgium enjoys full access to the world’s most advanced single market and customs zone which ensures extensive frictionless trade.
Belgium boasts a highly developed transport infrastructure, including the second largest seaport in Europe (Antwerp). Belgium is home to world-leading research and innovation facilities, multinational corporations, and artisanal businesses supported by the investor-centric approach of public services.
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Savory & Partners: Digital Nomad Visas Sparking a Migration Boom




DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.

A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research




The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.

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Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Forecast Period
Base Year
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
10.9 %
No. of Pages in Report
Segments covered
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): 
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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