Market potential
According to data compiled by Deloitte and Harvard, the annual growth rate of the AI (artificial intelligence) market in the healthcare sector is expected to grow from 19.7 billion USD in 2024 to 490.96 billion USD in 2032.
In Vietnam, according to data from healthcare market research firm Insight10, Vietnam's AI market in healthcare is expected to grow from $0.03 billion in 2022 to $0.69 billion in 2030.
In general, AI can be applied deeply in all stages of medical examination and treatment, helping to monitor and manage personal health and prevent diseases effectively.
In diagnosis, AI analyzes medical data and images quickly and accurately, supporting doctors in making treatment decisions. AI systems provide care through robots and remote monitoring, improving the quality of care. Furthermore, AI also helps manage chronic diseases with automatic alerts and personalized treatment plans.
The Digital Future of Healthcare in Vietnam
Vietnam has many opportunities to deploy AI in the healthcare industry from the Government's orientation, high AI readiness index, large number of Internet users to having more than 70 enterprises operating in the field of AI research and deployment.
Recently, many units in Vietnam have applied AI to the healthcare sector and achieved many results.
At the FPT Techday 2024 event taking place in Ho Chi Minh City, Ms. Nguyen Do Quyen - Deputy General Director and CEO of FPT Retail - shared about the FPT Long Chau pharmacy and vaccination center system, which has applied AI to improve the experience of 26 million customers and achieved many results.
AI has helped users identify prescriptions with 98% accuracy, automatically remind to take medication, and remind according to treatment regimen.
The unit has also deployed electronic vaccination books, which can not only track children's vaccination schedules, but also manage the whole family's vaccination books...
Many large hospitals in Vietnam have also applied AI in many stages of examination, treatment, and patient care.
For example, Hung Vuong Hospital (HCMC) has applied the CerviCare AI model to help diagnose cervical cancer early, helping with early detection with up to 98% accuracy.
Tam Anh Hospital (Hanoi) applies the 768 CT scanning system, a non-invasive, painless technique that uses low-dose X-rays to screen for lung cancer. The system gives quick results in just 3-4 seconds, scans each body area in just over 1 second, and reduces scanning time by more than 70% compared to normal.
In addition to opportunities and potentials, the application of AI in healthcare in Vietnam also faces challenges such as incomplete infrastructure; data quality is not guaranteed; many medical facilities in Vietnam do not have a synchronous data collection and management process, leading to fragmented, inaccurate, and unreliable data; lack of human resources, skills, and an unsynchronized legal system.
