Thailand's home healthcare market was valued at $XX Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of XX% from 2022 to 2030 and will reach $XX Bn in 2030. One of the main reasons propelling the growth of this market is the introduction of newer technologies and the increase in chronic diseases. The market is segmented by service and product. Some key players in this market are Health at Home HQ, Byosei Home Healthcare, Kiddu Home Healthcare, and Bumrungrad.
Thailand's home healthcare market was valued at $XX Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of XX% from 2022 to 2030 and will reach $XX Bn in 2030. Health and wellness are actively promoted in Thailand. Thailand accounts for 20% of the region's overall healthcare spending, making it the second-largest healthcare market in the SEA after Indonesia. Medical services are the most in-demand component in the healthcare industry, which is divided into three categories: medical supplies, pharmaceuticals, and medical services. In order to continue the services for both locals and visitors, equipment is required for the departments of cardiology, oncology, ophthalmology, and spinal surgery.
Market Growth Drivers
Newer technology has greatly boosted the current flow of communication between patients and healthcare professionals, enabling better, quicker, and more efficient care. The successful fusion of medical devices and information and communication technology (ICT), for instance, as well as the provision of healthcare over long distances, are what eventually fuel market expansion in remote patient monitoring. This is because non-skilled workers, carers, services, doctors, and different home healthcare equipment are more convenient in homecare settings and because healthcare costs at hospitals in the area are rising.
The home healthcare industry has experienced substantial growth during the past ten years. The market's increase has been mostly attributed to the rising cost of healthcare, which has shifted the focus of healthcare from hospitals to homes. The business is expanding even more quickly as a result of government attempts to improve home healthcare. Growth in the market is anticipated to be fuelled by the aging population, increased prevalence of target diseases like dementia and Alzheimer's, as well as orthopedic problems. Governments and healthcare organizations are working to reduce the cost of healthcare because they are concerned about rising treatment expenses.
Market Restraints
Many home healthcare providers lack access to the most recent medical technology and advancements, which might restrict the breadth of services they can offer. It is projected that the lack of empathetic nursing staff will restrict the rate of growth of the home healthcare sector in Thailand. In Thailand, home healthcare services are frequently only available for basic care and may not provide access to specialized treatment like palliative or rehabilitation care. The infrastructure required to deliver home healthcare services, such as suitable transportation and communication networks, is lacking in many areas of Thailand.
Key Players
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Device Type (Revenue, USD Billion):
Based on the Device Type the market is segmented into Testing, Screening, Monitoring Devices, Therapeutic Home Healthcare Devices, and Mobility Assist.
By Service Type (Revenue, USD Billion):
By Indication Type (Revenue, USD Billion):
Methodology for Database Creation
Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.
Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.