The Thailand-connected healthcare market is projected to grow from $76.63 Mn in 2022 to $600.89 Mn by 2030, registering a CAGR of 28.74% during the forecast period of 2022 - 2030. The main factors driving the growth would be the ageing population, increasing healthcare spending and government support. The market is segmented by type, function and by application. Some of the major players include Bumrungrad Hospital, Piyavate Hospital, Ramathibodi Hospital, Medtronic, Doctor Anywhere, and GE Healthcare.
The Thailand-connected healthcare market is projected to grow from $76.63 Mn in 2022 to $600.89 Mn by 2030, registering a CAGR of 28.74% during the forecast period of 2022 - 2030. Thailand spent 3.79% of its GDP, or $296 per person, on government health care in 2019. Thailand is regarded as one of the most cutthroat locations in the world for finding inexpensive, top-notch healthcare. Thailand's healthcare costs are roughly one-fifth as expensive as those in the US and Europe.
The connected healthcare market describes the application of digital technology to the delivery and accessibility of healthcare services, including electronic health records, and m-health applications. In South East Asia, Thailand has the second-largest internet economy. The nation also leads the region in 5G deployment and has one of the fastest internet speeds. Rather than start-ups and user adoption, public and private hospitals are the main top-down influencers of the Thai digital health industry. Many initiatives, like the Thailand 4.0 strategy and the 2017–2026 eHealth Strategy, have been developed by the Thai government to support the sector's growth.
Market Growth Drivers
The Thailand-connected healthcare market is expected to be driven by factors such as:
The following factors are expected to limit the growth of the connected healthcare market in Thailand:
1. Report Description of the Thailand Connected Healthcare Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Thailand Connected Healthcare Market Executive Summary
2.1 Thailand Connected Healthcare Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Thailand Connected Healthcare Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Thailand Connected Healthcare Market Segmentation
4.1 By Type
4.1.1 mHealth services
4.1.2 mHealth Devices
4.1.3 E- Prescription
4.2 By Function Type
4.2.1 Remote patient monitoring
4.2.2 Clinical monitoring
4.2.4 Others (Assisted Living)
4.3 By Application Type
4.3.1 Diagnosis and Treatment
4.3.2 Monitoring Application
4.3.3 Wellness and Prevention
4.3.4 Healthcare management
4.4 By End-user
4.4.1 Hospitals and Clinics
4.4.2 Home monitoring
5. Thailand Connected Healthcare Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Thailand
8.2 Regulatory Framework in Thailand
8.3 Pricing & Reimbursement Scenario in Thailand Connected Healthcare Market
9. Factors Driving Future Growth
9.1 New Trends and Development Thailand Connected Healthcare Market
9.2 Future Opportunities
10. Strategic Recommendations
By Type (Revenue, USD Billion):
Based on the Type the market is segmented into mHealth services, mHealth Devices, and E- Prescription
By FunctionType (Revenue, USD Billion):
By Application Type (Revenue, USD Billion):
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