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Top 10 largest medical equipment companies in Vietnam 2022

Top 10 largest medical equipment companies in Vietnam 2022

Saturday 11, 06 2022
Most large enterprises in the medical equipment industry are those with a long history of operation or state-owned enterprises. The list of the 10 largest medical equipment enterprises in Vietnam in 2022 is made by VietnamCredit based on 3 financial indicators including revenue, profit after tax and gross profit margin.

Top medical equipment

*Data not available

Data source: VietnamCredit

Below are details about these businesses.

1. HANOI PHARMACEUTICAL AND MEDICAL EQUIPMENT IMPORT EXPORT JOINT STOCK COMPANY (HAPHARCO)

Hanoi Pharmaceutical and Medical Equipment Import Export Joint Stock Company was established on May 6, 1955 on the basis of amalgamation of drug stores separated from Bach Hoa Company. In 1958, the company's network expanded to 5 more retail stores. On April 16, 2003, according to the decision of the Hanoi People's Committee, the company became a joint stock company with abbreviated name Hapharco.

Hapharco is a distributor of leading multinational pharmaceutical companies in the world. It has a long tradition and experience in the field with a strongly developed distribution system with branches and retail stores located at convenient locations in Hanoi and across Vietanm.

HAPHARCO

In addition, Hapharco regularly improves service quality, enhances professionalism in service style, strives to fulfill the set commitments and bring a lot of material and spiritual values ​​to customers.

2. ARMEPHACO JOINT STOCK COMPANY (ARMEPHACO)

Armephaco Joint Stock Company was established in 1996. It was formerly a military pharmaceutical and medical equipment company, specializing in manufacturing, trading, importing and exporting medical equipment and pharmaceuticals of good quality.

Armephaco provides pharmaceuticals, medical equipment, SME medical gas systems, and medical gas copper pipes. It is a reliable partner of many businesses and individual customers.

ARMEPHACO

Armephaco consists of 3 large enterprises:

  • 120 Armephaco One Member Company Limited: Formerly known as 120 Pharmaceutical Factory, a GMP - WHO standard factory established in 1973 with 3 production workshops: ointments, non-Blactam tablets, injections.

  • 150 Pharmaceutical Factory: Including 2 workshops producing non-Blactam tablets and 1 workshop producing Cephalosporin, established in 1962.

  • 130 Armephaco Medical Equipment One Member Limited: Formerly 130 Medical Equipment Factory meeting ISO 9001-2000 quality standards, established in 1969 with electronics and refrigeration, mechanics, and portable medical devices production workshops.

3. VIETNAM MEDICAL EQUIPMENT CORPORATION – JOINT STOCK COMPANY (VINAMED)

Established in 1985, Vietnam Medical Equipment Corporation - JSC (Vinamed) is known as one of the most experienced medical equipment manufacturing companies in Vietnam. Formerly a state corporation, Vinamed is the representative of ownership and management of medical equipment manufacturing and trading companies under the Ministry of Health of Vietnam.

Currently, Vinamed is operating modern medical equipment production facilities meeting all the strict standards and requirements in the medical field such as ISO 9001; ISO 13485; cGMPs of FDA, or Class 7 clean room system.

Main products of the company include self-locking syringes, disposable plastic syringes and feeding pumps, infusion lines, butterfly infusion lines, sterilization bags, medical silicone and rubber products.

Vinamed currently distributes many products of prestigious global brands such as Weimann, and Maquet.

VINAMED

*Data not available

Data source: VietnamCredit

4. JAPAN - VIETNAM MEDICAL INSTRUMENT JOINT STOCK COMPANY (JV., JSC)

Japan-Vietnam Medical Instrument Joint Stock Company (JV., JSC) operates under the business registration certificate issued in 2010 on the basis of equitization of Viet Nhat Medical Equipment Co., Ltd. The company is a representative of Hitachi-Japan Corporation, specializing in the distribution, warranty and repair of its high-quality, modern technology imaging equipment. Currently, it operates under the model of parent-subsidiary company.

Over the past 13 years of operation, JVC has been establishing relationships with a network of hospitals throughout the country in addition to being an official distributor of the world's leading medical equipment manufacturers. JVC is increasingly affirming its position as one of the leading enterprises in the medical equipment industry by continuously raising capital and investing to expand the business scale, equity, assets and revenue.

JV., JSC

JVC has supplied and installed thousands of modern specialized medical equipment systems, especially those used in diagnostic imaging such as: Magnetic resonance imaging system, Imaging system. Computerized tomography system, X-ray system, Digital X-ray system, Ultrasound system.

5. SAI GON MEDICAL EQUIPMENT AND TECHNOLOGY JOINT STOCK COMPANY (SAGOMED)

Saigon Medical Equipment and Technology Joint Stock Company (Sagomed) was granted a business registration certificate on April 24, 2010.

Sagomed

Sagomed is known as a leading enterprise in Vietnam specializing in providing modern, specialized, and comprehensive technical solutions in the following areas: central medical gas system, operating room equipment, ICU, positive pressure clean air system, and nurse call alarm system for investment projects to build new or renovate hospitals to meet national and international standards.

The company is constantly making efforts to meet the different needs of many different customer groups.

6. HANOI IEC-COMPANY LIMITED (HANOI IEC)

Hanoi IEC Co., Ltd was established in 2004. Since then, the company has been the representative of the economic development office of Thueringen state (Germany) in Vietnam and since 2008 the representative of the Association of Consulting Engineers VBI in Vietnam in charge of supporting experts and German enterprises in the fields of construction, healthcare, food, heavy industry, etc.

Hanoi IEC

The product suppliers of Hanoi IEC are prestigious manufacturing enterprises in Germany such as Peter Brehm Company (products for artificial hip and knee joints), K-implant company (twist-handled artificial hip joint for young patients), Intercus (titanium locking screw brace), Gramme Revit (pharmaceutical product with many new research and inventions such as Duovital, Tebexerol), Merete Medical GmbH and many other businesses.

7. HO CHI MINH CITY MEDICAL TECHNICAL SERVICES JOINT STOCK COMPANY (MTS)

Ho Chi Minh City Medical Technical Services Joint Stock Company (MTS), formerly known as the Medical Equipment Repair and Supplies Station, was established after 1975. The unit operated with the main function and task of repairing and maintaining medical equipment of hospitals and centers under the Department of Health of Ho Chi Minh City. On August 22, 1988, it was renamed to Medical Technical Equipment Company according to Decision No. 157/QD_UB of the People's Committee of Ho Chi Minh City. Since then, the company has become a state-owned enterprise with legal status and independent accounting.

On August 11, 2010, the company was stransformed into Ho Chi Minh City Medical Technical Equipment Joint Stock Company. At this time, it was officially equitized, expanding the business activities to equipment, chemicals and consumables in the medical industry in parallel with the production, repair, maintenance, supervision, installation, and consulting for units in the medical industry.

MTS

The company has constantly researched and innovated its business methods in the direction of modernization, invested and imported more modern equipment to meet the increasing development needs of Ho Chi Minh City in particular, and Vietnam in general.

8. CPT SUTURES COMPANY LIMITED (CPT SUTURES)

Having operated since 1992, CPT Sutures Company Limited is a manufacturer of high-tech medical equipment specialized for surgical surgery.

It is one of the leading companies and has many years of experience in the field of manufacturing and distributing medical equipment, especially surgical threads, for many hospitals, clinics and medical organizations in Vietnam and international market. The main products of CPT include self-dissolving thread, non-absorbable surgical thread, surgical needle, consumable medical supplies, etc. However, the number of products in this field is very large (more than 200 product models suitable for many uses of medical units and hospitals).

CPT SUTURES

As of 2020, CPT Sutures had had nearly 30 years in the field of medical equipment supply in Vietnam and brings medical and surgical value to hundreds of thousands of people as well as hundreds of medical units nationwide. CPT products are manufactured according to German technology that meets FDA-US international standards.

9. VIET TAN SCIENTIFIC - TECHNOLOGY MEDICAL EQUIPMENT COMPANY LIMITED (VIET TAN)

Viet Tan Scientific – Technology Medical Equipment Co., Ltd (Viet Tan Co., Ltd), formerly known as Viet Tan Medical Instrument Store, was established in February 1996 and became one of the first medical instrument stores in Ho Chi Minh City that provided a wide range of essential medical tools and equipment to agents, medical instrument stores, clinics, and hospitals across the country. After ten years of operation and continuous growth, in early 2006 the company was officially established.

VIET TAN

With a dynamic and experienced staff, a rich and diverse range of goods with high quality and reasonable prices, Viet Tan has now created a strong foothold in the wholesale market and is a exclusive distributor of many famous global manufacturers in Vietnam.

10. HOANG LOC M.E MEDICAL EQUIPMENT COMPANY LIMITED (HOANG LOC M.E)

Hoang Loc M.E Medical Equipment Company Limited was established in 2003. The company has become one of the leading suppliers of medical equipment, medical consumables, orthopedics and many other types of products in the medical industry.

The company is the exclusive distributor in Vietnam of medical equipment products by some famous and prestigious manufacturers in the world such as Ceramconcept (USA), Ulrich (Germany), Nopa (Germany), Evolutis (France), Synimed (France), Narang (India), Auxein (India), Thomson (Thailand & Taiwan), Tele-Paper (Malaysia).

HOANG LOC M.E

With experience, and huge financial resources, Hoang Loc M.E has been developing a distribution network throughout the country with international quality and competitive prices.

For more detailed information of the largest companies in the medical equipment industry in Vietnam, refer to VietnamCredit’s company reports. Please contact [email protected] for support.

Alice Hoang Thao - VietnamCredit

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