The Vietnam osteosynthesis devices market reached USD 41.20 Million in 2024 and is expected to grow to USD 67.34 Million by 2033, registering a CAGR of 5.61% during the forecast period of 2025-2033. This growth is driven by advancements in healthcare infrastructure, rising prevalence of bone-related disorders, and supportive government policies enhancing access and quality of orthopedic care. The increasing number of hospitals and specialized centers further boosts demand for advanced osteosynthesis devices.

Study Assumption Years

• Base Year: 2024

• Historical Years: 2019-2024

• Forecast Years: 2025-2033

Vietnam Osteosynthesis Devices Market Key Takeaways

• The market size reached USD 41.20 Million in 2024.

• The market is expected to grow at a CAGR of 5.61% during 2025-2033.

• The forecast period for the market analysis is 2025-2033.

• Rapid growth in healthcare infrastructure and increasing investments by government and private sector boost the market.

• Rising cases of osteoporosis, fractures, and bone-related disorders due to aging population fuels demand.

• Government initiatives aimed at improving orthopedic care and healthcare standards support market expansion.

• Increasing occurrences of road accidents, athletic injuries, and falls drive the need for osteosynthesis devices.

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Market Growth Factors

The rapidly rising investments in the healthcare system of Vietnam from both the government and private firms have accelerated the construction of hospitals, clinics, and orthopedic centers in the country, especially in urban areas. The increase in the availability of advanced healthcare facilities has led to the rising demand for osteosynthesis devices. Higher precision and minimally intrusive surgery are now performed with early patient recovery and outcomes due to advances in medical technology. Orthopedic centers of excellence have been established, allowing high-tech devices to be provided for joint and spinal surgeries.

The reason for the growth of the Vietnamese osteosynthesis devices market is the increasing geriatric population. In 2025, there are an estimated 16.1 million seniors aged 60 and above in Vietnam, per estimates accounting for 16% of the total population. The aging population is causing osteoporosis to occur and fractures to happen that require surgery. Road traffic accidents, sports injuries, and falls are other major reasons for the increase in demand for osteosynthesis devices. The factors such as provisional fixation of fractured bone, reduced recovery time, and improved patient outcome are driving this market.

Government initiatives and policies increasing healthcare reforms, infrastructure development, and improving access to advanced medical technology for the population are driving the growth of the Vietnam osteosynthesis devices market. Financial support and funding to establish health facilities to purchase advanced equipment, international medical-related associations, and global healthcare guidelines are favoring the growth of the orthopedic sector and addressing the growing demand for orthopedic devices. The continuing government impetus, together with training in surgical techniques, also expands the market for osteosynthesis devices.

Market Segmentation

• Type Insights: The market segmentation includes internal devices such as screws and plates, wires and pins, intramedullary rods and nails, and spinal fixation devices, as well as external devices like fracture fixation and bone lengthening. These categories cover all major device types used in osteosynthesis treatments in Vietnam.

• Material Insights: The devices are classified based on material into non-degradable and degradable types, providing options in line with medical and surgical requirements.

• Fracture Type Insights: The market segments various fracture types including patella; tibia, fibula, or ankle; clavicle, scapula, or humerus; radius or ulna; hand and wrist; vertebral column; pelvis; hip; femur; foot bones; and others, reflecting a comprehensive analysis of fracture treatment devices.

• End User Insights: The market caters primarily to hospitals, orthopedic specialist clinics, and other medical care providers, highlighting diverse healthcare service providers utilizing osteosynthesis devices.

Regional Insights

The market includes a comprehensive analysis of Northern Vietnam, Central Vietnam, and Southern Vietnam. While the source does not specify a dominant region with numerical statistics, all three key regions are considered integral to the market landscape covering major urban and rural healthcare infrastructure.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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