Thailand Palliative Care Market Analysis

Thailand Palliative Care Market Analysis


$ 3999

Thailand's Palliative care market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. The main factors driving the growth would be as rising prevalence of chronic diseases, the improving healthcare industry, government support, and the aging population. The market is segmented by service type and by the end user. Some of the major players include Koon Hospital, Bangkok Hospital Chiang Mai, Chulalongkorn Hospital, Songklanagarind Hospital, and Siriraj Palliative Care Center.

ID: IN10THHS013 CATEGORY: Healthcare Services GEOGRAPHY: Thailand AUTHOR: Neha Davda

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Thailand Palliative Management Market Executive Summary

Thailand's Palliative care market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022-30. Thailand's national healthcare spending as a share of GDP in 2019 was 3.79% or $296 per person. Thailand is thought of as one of the most competitive places in the world for obtaining affordable, high-quality healthcare. In comparison to the US and Europe, Thailand's healthcare expenses are around one-fifth as expensive.

Palliative care helps people with terminal diseases and their families live more comfortably. By detecting pain early, accurately measuring it, and treating it along with other problems like mental, physical, and spiritual ailments, palliative care services strive to prevent and relieve suffering. Another way that palliative care helps patients and those who provide for them is through a collaborative approach. To assist people to live as completely as they can until they die away entails offering a support system and attending to their material requirements. Many ailments, including cancer, long-term respiratory disorders, diabetes, kidney failure, long-term liver disease, and others require palliative care.

The primary palliative care service providers' increased focus on regional development into developing Asia-Pacific countries to capture a sizeable market share is projected to drive the growth of the palliative care market in the Asia-Pacific region.

Market Dynamics

Market Growth Drivers

The Thailand palliative care market is expected to be driven by factors such as the rising prevalence of chronic diseases, government support, and the aging population. Moreover, the infrastructure for palliative care services is improving as a result of investments made by the Thai government in the healthcare sector.

Market Restraints

The lack of adequate reimbursement policies and the high cost of palliative services are limiting the growth of the palliative care market in the country.

Competitive Landscape

Key Players

  • Koon Hospital (THA)
  • Bangkok Hospital Chiang Mai (THA)
  • Chulalongkorn Hospital (THA)
  • Songklanagarind Hospital (THA)
  • Siriraj Palliative Care Center (THA)

Healthcare Policies and Regulatory Landscape

The healthcare system in Thailand is regulated by the Ministry of Public Health, which sets policies and regulations related to palliative care. Palliative care is recognized as an important aspect of healthcare in Thailand, and the government has taken steps to improve access to palliative care services. The national health plan includes provisions for palliative care, and the government has established training programs for healthcare professionals in palliative care.

Reimbursement Scenario

In Thailand, there aren't many reimbursement regulations for palliative care services. Currently, the government only pays for a very small percentage of the cost of palliative care services. Palliative care services are often not covered by private health insurance policies, making it challenging for patients to get them.

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

Palliative Care Market Segmentation

By Service Type (Revenue, USD Billion):

Based on service type, the Thailand palliative care market is divided into the following:

  • Private residence care
  • Hospice inpatient care
  • Hospital inpatient care
  • Nursing home and residential facility care
  • Others

By End User (Revenue, USD Billion):

Based on end-user type, the Thailand palliative care market is divided into the following:

  • Hospitals
  • Home Care Settings
  • Palliative Care Centers
  • Long-Term Care Centers & Rehabilitation Centers

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:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

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:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

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:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

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.

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Last updated on: 09 February 2024
Updated by: Dr. Purav Gandhi

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