Thailand Medical Devices Market is an import driven market with advanced medical devices imported from countries such as US, Germany, Japan and China. Local companies majorly deal in surgical gloves, bandages, hospital hollowware and other equipment.
Growing Medical Tourism: Thailand medical tourism industry is the fourth largest out of 118 countries, with most people visiting Bangkok for medical treatment every year. The increasing medical tourist flow will drive the demand for quality healthcare services, medical devices and technology.
Increased Demand for Radiography Services: High incident rates of lung and heart diseases prompt hospitals to make enhancements for medical equipment, thus, increasing the demand for general radiography devices like electro-cardiographs, ultrasound, x-ray and others. The major advantages of digital imaging are cost-effectiveness and easy accessibility. The hospitals are able to cut the cost by lowering the film price, reducing the requirement of storage space, and decreasing the number of people required to run the services and archive sections.
New Healthcare Infrastructure Projects: Upcoming healthcare infrastructure projects in Thailand such as TPP Healthcare International (Med Park Hospital), consisting of a 550-bed hospital and medical college complex will increase the demand for medical devices. High incident rates of lung and heart diseases prompt hospitals to make enhancements for medical equipment, thus, increasing the demand for general radiography devices like electro-cardiographs, ultrasound, x-ray and others
Growing and Ageing Population: High population growth and increase in ageing population is driving the demand for better healthcare services and medical devices. The chronic diseases will drive the demand for healthcare services with basic and advanced medical devices and technology.
The report titled “Thailand Medical Device Outlook to 2026F – Driven by prevalence of chronic diseases in the country combined with the government’s supportive policies and the BOI’s incentives.” provides a comprehensive analysis on the status of the medical device market in Thailand. The report covers various aspects including the current market scenario in Thailand, procurement and pricing trends, market potential of each medical device, major growth drivers, tech disruptions and innovations, and competition benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity.
Key Segments Covered: -
By Type of Business Activity
Import
Local Production
Distributor Mediated
Direct Sales
Medical Consumables
Diagnostic Imaging Products
Respiratory Products
Dental and Orthopedic Products
Cardiac Device
Hospital Furniture
Auxiliary Devices
Ophthalmic Devices
Dialysis Machine
Others
Indoor surgical Gloves and Masks
Syringes, Needles and Catheters
Intravenous Administration Set
Sutures and catgut
Infusion Pumps
Ostomy
Bandages, Dressings and Others
CT Scan
X-ray Based Products
Ultrasound
MRI
Electro diagnostic apparatus (Functional Examination)
ECG
Others
Angioplasty Device
Cardiac Rhythm Management
ICD
Implants
Pacemakers
Heart-Lung Machines
Others
Oxygen Concentrator
Nebulizers
Humidifier
Ventilators
Airway Pressure devices
Others
Hospital Beds with Mechanical Fittings and Dentists' Chairs
Operating Tables
Examination Tables
Medical, surgical, dental or veterinary furniture
Others
Hearing Aids
Artificial body parts (excluding artificial teeth and joints)
Others
Orthopedic Appliances
Artificial teeth and dental fittings
Dental appliances
Surgical Belts
Trusses
Crutches
Others
Hospitals
Clinics
Labs and Others
By Mode of Selling
By Type of Device
By Type of Medical Consumable
By Type of Diagnostic Imaging Product
By Type of Cardiac Device
By Type of Respiratory Products
By Type of Hospital Furniture
By Type of Auxiliary Product
By Type of Dental and Orthopedic Products
By Type of End-Users
Companies Covered
Local Manufacturing Companies
Nipro (Thailand)
Hoya Optics
Kawasumi Laboratories
Meditop
GE Medical Systems (Thailand)
Eyebiz Laboratory (Thailand)
Emerald Nonwovens International
Infus Medical (Thailand)
M.E. Meditek
Distributor Companies
Mind Medical
Unitech Healthcare Co. Ltd.
R.X. Company
Kha Bangkok
Med Tech
Med Global
Bangkok Unitrade
MDE Thai
Pacific Healthcare Medi Top
CMC Biotech
Techno Medical
Saintmed
Winnergy Medical
Xovic Co. Ltd.
Gateway Healthcare Co. Ltd.
Medical intensive care co. ltd
Thai hospital products co. ltd
iCare medical co ltd
DKSH (Thailand) co. ltd
BJC Healthcare
Prime medical co. ltd
MP Med group
MDC (Thailand)
Siam pharmaceutical
Key Target Audience
Medical Device Manufacturers
Medical Device Distributors
Medical Device Importers
Research organizations and consulting companies
Government bodies such as regulating authorities and policy makers
Market research and Consulting firms
Time Period Captured in the Report: -
Historical Period – 2016-2021
Forecast Period –2021-2026F
Key Topics Covered in the Report: -
Executive Summary
Overview of Thailand Healthcare System
Thailand Medical Device Market Introduction and Overview
Industry Life Cycle and Value Chain of Thailand Medical Device Market
Key Market Drivers in the Thailand Medical Device Market
Demand & Supply Side Ecosystem, Preferences & Trends across Thailand Medical Device Market
Thailand Medical Device Market Size by Revenue
Thailand Medical Device Market by Type of Devices and Sub Segments
Thailand Medical Device Market by End Users
Thailand Medical Device Market by Regions
Competitive Factors and Assessment in Thailand Medical Device Market
Market Trends and Development
Market Issues and Challenges
Government Rules and Regulations
Thailand Medical Device Market Future Outlook
Upcoming Technologies in the Medical Device Market
Analyst Recommendations
For More Information on the Research Report, refer to below links: -
Medical Device Market in Thailand
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