Thailand Medical Devices Market is expected to generate a revenue of more than $ 7 Bn by 2026– IoMT Technology to act as a catalyst for market growth

The Thailand market is dominated by imports of medical devices which make in-house production a key advantage for any local or international player, as per a report by Ken Research 1.Key Challenges for Local Manufacturers in Thailand Medical Device Market that needs to be addressed Other Challenges in Medical Device Industry Inadequate Ecosystem Support: A… Read More »

Growth factors in Thailand Medical Device Market has accelerated the revenue to reach around USD 4.5 Bn for 2021– How far is the market going to rise until 2026?

Bangkok and the central region of Thailand have the highest concentration of mid- to upper-income consumers and so some 90% of large hospitals are located in these areas in 2021, as per a report by Ken Research 1. Business Cycle and Genesis of Thailand Medical Device Market- 99% of the Thai population is now covered… Read More »

Thailand Medical Device Market is all set to grow with double-digit CAGR from 2021 to 2026F, with import contributing the highest revenue share – Ken Research

1. Thailand’s medical devices market is one of the most well-known and well-established sectors in ASEAN countries which grew at a CAGR of 9.0% in 2021. To Know More about this report, download a Free Sample Report The medical device market in Thailand has witnessed a good amount of growth during the past few years.… Read More »

Due to increase in disease burden and growing medical tourism there would rise in future resulting in the high demand of medical device in Thailand: Ken Research

Demand for Medical devices in Thailand is expected to grow as there is an increase in the aging population and growing significance as a manufacturing hub. High disease prevalence and demand for specific diagnosis is expected to drive the demand further with the introduction of technologically advanced equipment in the country. The creation of a… Read More »

Thailand Medical Devices Market is driven by increase in ageing population and medical tourism spending and is expected to increase at a CAGR of 10.0%: Ken Research

Buy Now 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… Read More »

Thailand Medical Device Market Outlook to 2026F: Ken Research

Buy Now The report titled “Thailand Medical Device Market 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… Read More »

Thailand’s Growing number of Heart Disease patients with Improving Healthcare Facilities will drive the Industry Growth in long term: Ken Research

Launch of Smart Health ID (patient administration cloud service) during 2018–20 under Thailand 4.0 increased digital penetration among manufacturers & distributors. Access to patients’ data to manage future demand of healthcare services and medical devices under Thailand 4.0. Expenditure on elderly population welfare in Thailand is anticipated to reach USD 148.5 Mn by 2021 with… Read More »

Rising Geriatric Population and Healthcare Expenditure coupled with Growth in Medical Tourism has augmented growth in Cardiac Biomarker and Blood Gas Analyzer Market in Thailand: Ken Research

Changes in Healthcare Scenario: Government Expenditure on Healthcare in Thailand has improved consistently over the last few years and reached USD 10.4 Billion in 2019 with a CAGR of 5.7% during 2010-19. The government made significant spending on Healthcare Development Programs in 2020 wherein an expenditure of USD 3.6 Million is made on Major Health… Read More »

Thailand Blood Gas Analyzer and Cardiac Biomarker Market Outlook to 2025: Ken Research

The report titled “Thailand Blood Gas Analyzer and Cardiac Biomarker Market Outlook to 2025 – Blood Gas Analyzer: By Device Type (Medium to High Workload and Single Test Analyzer), By Product (Device and Reagent), By Region” provides a comprehensive analysis of blood gas and cardiac biomarker analyzers market in Thailand. The report covers the overview and genesis… Read More »