Thursday, April 21, 2022

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

 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.

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTM2Mjk1


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

Related Reports by Ken Research

Philippines Medical Devices Outlook to 2025 (Second Edition)- Rising Cases of Chronic Diseases and Expected Growth in Demand for Cancer Therapy and Dialysis Equipment

Brazil Medical Device Market Outlook to 2025 - by Type of Device (Reagent for In-Vitro Diagnostics, Materials and Supplies, Laboratory Equipment and Others), Type of Business Activity (Import and Local Production), Channel of Sales (Distributor and Direct), Type of End User (Hospital, Clinics and Diagnostic Lab Centers and Others) and By Region (South-East, South, North-East, Mid-West and North)

India Medical Device Market Outlook to 2023 - by IVD Market (Type of Device, Sales Channel, Domestic Manufacturing and Import), by Diagnostic Imaging Market (Type of Device, Domestic Manufacturing and Import) and by Patient Aid Market (Orthopedic Device, Hospital Furniture and Hearing Aid)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

No comments:

Post a Comment