Preview

Vietnam Pharmaceuticals N Healthcare Re

Satisfactory Essays
Open Document
Open Document
667 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vietnam Pharmaceuticals N Healthcare Re
Vietnam Pharmaceuticals and Healthcare Report Q1
2014

Phone:
+44 20 8123 2220
Fax:
+44 207 900 3970 office@marketpublishers.com http://marketpublishers.com

Phone: +44 20 8123 2220 http://marketpublishers.com Vietnam Pharmaceuticals and Healthcare Report Q1 2014
Date:
Pages:
Price:
ID:

February 21, 2014
129
US$ 1,295.00
VB2D7A14C41EN

Includes 3 FREE quarterly updates

BMI View: The upgrade to our private healthcare forecast stems largely from the Vietnamese government's plan to pass hospital operating costs to patients. We highlight that this is potentially regressive should hospitals attempt to profit from such policies. Nevertheless, we remain largely optimistic towards Vietnam's healthcare sector, as it is seeking to implement universal healthcare for its population, which will improve access to services.
Headline Expenditure Projections
Pharmaceuticals: VND59,214bn (US$2.84bn) in 2012 to VND69,297bn (US$3.32bn) in 2013;
+17.0% in local currency terms and +16.9% in US dollar terms. Forecast unchanged from Q413, long-term forecast slightly upgraded to reflect general bullish sentiments in Vietnam's economy.
Healthcare: VND201,466bn (US$9.65bn) in 2012 to VND230,985bn (US$11.1bn) in 2013; +14.7% in local currency terms and +14.5% in US dollar terms. Forecast broadly in line with Q313.

Table of Content
BMI Industry View
SWOT
Political
Economic
Business Environment
Industry Forecast
Pharmaceutical Market Forecast
Table: Pharmaceutical Sales Indicators, 2009-2017
Healthcare Market Forecast
Table: Healthcare Expenditure Indicators, 2009-2017
Table: Healthcare Governmental Indicators, 2009-2017
Table: Healthcare Private Indicators, 2009-2017
Prescription Drug Market Forecast
Table: Prescription Drug Sales Indicators, 2009-2017
Patented Drug Market Forecast
Table: Patented Drug Market Indicators, 2009-2017
Generic Drug Market Forecast
Table: Generic Drug Sales Indicators, 2009-2017
OTC Medicine Market Forecast
Table: OTC Medicine Sales Indicators, 2009-2017
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Econ 545 Project 2 Macroeconomic Analysis
    • 3360 Words
    • 9 Pages

    Econ 545 Project 2 Macroeconomic Analysis

    Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. The United Stated economy and those of other high income economies are expected to grow by 1.9 percent in 2014, accelerating to 2.4 percent in 2015 and 2.5 percent in 2016. The Euro Area is on target to grow by 1.1 percent this year, while the United States economy, which contracted in the first quarter due to severe weather, is expected to grow by 2.1 percent this year (down from the previous forecast of 2.8 percent). The global economy is expected to pick up speed as the year progresses and is projected to expand by 2.8 percent this year, strengthening to 3.4 and 3.5 percent in 2015 and 2016, respectively. High-income economies will contribute about half of global growth in 2015 and 2016. (Bank, 2014) As you can see, the economic forecast…

    • 3360 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Change and Culture Case Study 2
    • 1722 Words
    • 7 Pages

    Change and Culture Case Study 2

    The cost of health care in the United States remains an important concern for American consumers. The challenges for controlling costs and providing a better health care system are various and complex. These challenges, in many cases, are in the realm of the Department of Health and Human Services (HHS) or other federal or state agencies (Department of Justice, 2012). Hospitals continue to team up with other facilities, insurers and for-profit companies, although the cause of the bump in M&A activity varies. While some hospitals cite financial problems, others join forces because of collaboration mandated under the Affordable Care Act and changing reimbursement models, according to Minnesota Public Radio (Caramenico, 2012).…

    • 1722 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    HSM WK3 544 Articlereview
    • 1067 Words
    • 3 Pages

    HSM WK3 544 Articlereview

    Gould E (2013): Increased health care cost sharing works as intended it burdens patients who need care the most…

    • 1067 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    A New Social Contract for Health Care Insurance Costs
    • 805 Words
    • 4 Pages

    A New Social Contract for Health Care Insurance Costs

    The new social contract between the health care system and employers, patients, and the government has given everyone involved some breathing room. They have provided a clearer picture of the costs of health care; however, it is evident that there is still work to be done regarding the transparency of complete and exact costs. For example; all hospitals have a price list called the chargemaster that includes nearly 20,000 health care procedures. The prices on this list are the prices that patients will most likely see on their bills; however, the terms are not standardized and many are bundled services that make it difficult to compare them with other institutions. It is obvious that even though the public does see more of what is being paid out on their behalf and by whom, true transparency is still lacking (Curtis P. McLaughlin and Craig D. McLaughlin, 2008).…

    • 805 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Healthcare Ecosystems Task 2
    • 1622 Words
    • 7 Pages

    Healthcare Ecosystems Task 2

    The continuing efforts of government payers to contain hospital costs has been a concern to…

    • 1622 Words
    • 7 Pages
    Better Essays
    Read More
  • Good Essays

    Universal Health Coverage Policy
    • 204 Words
    • 1 Page

    Universal Health Coverage Policy

    The pivotal and principal purpose of healthcare systems is achieving, maintaining and improving health (1, 2) and Universal Health Coverage (UHC) acts as a platform for a healthcare system in order to reach the intended health goals (1, 3). UHC is defined as providing the best quality healthcare services to all people to meet their healthcare needs without imposing financial problems (3-7). It focuses on three axes (population coverage, health services coverage and financial coverage) and guarantees population health by emphasizing on quality dimension (3, 4, 8-13). Universal health coverage policy improves financial risk protection and provides more access to quality essential health-care services for all people (14, 15).…

    • 204 Words
    • 1 Page
    Good Essays
    Read More
  • Better Essays

    Hsa 500 Week 2 Health Care Research Paper
    • 1835 Words
    • 8 Pages

    Hsa 500 Week 2 Health Care Research Paper

    health care system is dysfunctional and can no longer continue as it currently operates. With or without Affordable Care Act (ACA), there is a need for a deep change. The United States spends more money on health care because a nation is less healthy on the average than the rest of the developed world. The system is dysfunctional and ACA is fast-tracking the process of changes that will be faced by the economic and business challenges by health care organizations. The required adjustments to healthcare organizations operating budgets and methodologies for delivering medicine may become a big issue. Health care organizations will have to go from volume-based reimbursement in medicine based on the number of procedures done or patients seen to a value-based system that will give the same money for every patient regardless of the procedure performed. Health care organizations may have lower income since they will treat more patients. They may face cost-pressure factors such as the overall cost of medical care and the increased incidence of chronic disease, cost transparency and reference pricing, increased government role in paying for care, increased coverage and limited highly skilled medical workforce There is a prediction that forty million more people will be covered nationally, at reimbursement rates below the cost of providing that care (Adams et al.,…

    • 1835 Words
    • 8 Pages
    Better Essays
    Read More
  • Good Essays

    Moral Hazard
    • 831 Words
    • 4 Pages

    Moral Hazard

    Despite the widespread and increasing use of cost-sharing over many years, health care inflation remains completely out of control. Physicians push the buttons for health care services much more than patients.…

    • 831 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Global Xanthan Gum
    • 208 Words
    • 1 Page

    Global Xanthan Gum

    CAGR of 7.7 percent. in terms of revenue, between 2016 and 2024. This revenue is expected…

    • 208 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    Health Care Reform Paper
    • 1937 Words
    • 8 Pages

    Health Care Reform Paper

    The American healthcare system of today faces many issues and problems. The growing population of elderly and high rate of unemployment has left many Americans without any type of healthcare at all. To reform healthcare that has to first the infrastructure established that is sustainable for doctors, suitable for members, and costly enough to be sponsored. Hospitals are bulking up into huge systems, merging with one another and building extensive new doctor work forces. They are exploring insurance-like setups, including direct approaches to employers that cut out the health-plan middleman. WSJ 's Anna Mathews joins the News Hub to discuss the changing face of health care in the U.S. as a result of pressure to cut costs. AP Photo. On the other side, insurers are buying health-care providers, or seeking to work with them on new cooperative deals and payment models that share the risks of health coverage. And employers are starting to take a far more active role in their workers ' care. (Wilde-Matthews, 2011) This new and innovative plan does seem to be valid and more cost-efficient. The main issue with current health care plan and especially government mandated health care plan are the doctor’s reimbursement rates for procedures. Doctors argue that current reimbursement rates are too low, causes them to lose money, and force sub-par healthcare to members. Many argue…

    • 1937 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    The Dominican Republic
    • 775 Words
    • 4 Pages

    The Dominican Republic

    estimated to be at 1.71% for the next couple of years until the year 2000.…

    • 775 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Pros And Cons Of Managed Care Organizations (MCO)
    • 508 Words
    • 3 Pages

    Pros And Cons Of Managed Care Organizations (MCO)

    Potter & Perry (2017) seek to answer some of these questions regarding cost of care. Hospitals who provide services for patients with Medicare and Medicaid “receive a set dollar amount for each patient based on the assigned diagnosis-related groups, regardless of the patient’s length of stay or use of services” (p. 15). Therefore, in order to compensate for receiving less money for certain patients care costs, other citizens within the community, not using Medicare or Medicaid, are seeing an increase in the costs for the care services they are provided with when needed. It is the goal of many states to try and stop care costs from increasing, in an attempt to return these increased costs to the lower amount that they were prior to the…

    • 508 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Cost Shifting In Health Care Essay
    • 579 Words
    • 3 Pages

    Cost Shifting In Health Care Essay

    Cost shifting has been and continues to be a problem for many hospitals and insurance companies. In broad terms cost shifting is defined as hospitals making up their losses they obtain from treatment of uninsured patients by charging higher prices and implementing higher costs towards privately insured patients. This approach in tittles claims of large rates that in return drive health care premiums to a peak cost. The continuing debate on cost shifting has brought stakeholders to provide an approach towards health care policy makers to understand that cost shifting can be both at large and inevitable in providing cost effective health care. The cause of cost shifting can be seen from many hospitals due to uncompensated care. In terms, uncompensated care is the care provided by the hospital for which the cost of treatment was not received neither from the patient or the insurer. This type of financial assistance reimburses funds or reduces costs, which can have an effect on the hospitals bad debt (Kim et al., 2009).…

    • 579 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Healthcare reform
    • 1277 Words
    • 6 Pages

    Healthcare reform

    Offering universal healthcare must be one of the government’s basic functions since this will provide cover almost 50 million people who lack healthcare cover. Even states that the UN does not regard developed, such as China, have taken forward steps towards universal care. The United States ranks with Mexico and Turkey as the being the only nations without a universal healthcare system as stated by the Organization for Economic Cooperation and Development (OECD) (Salamin et al., 2011). In spite of the disconformities, the U.S spend a lot on healthcare—17.4% of the country’s GDP—compared to its counterparts that spend an average of only 10.6% as illustrated in the 2012 research conducted by the Commonwealth Fund (Salamin et al., 2011). And, whereas the country spends top dollar on health care, the real health of the people is…

    • 1277 Words
    • 6 Pages
    Powerful Essays
    Read More

Related Topics