Thailand Home Healthcare Market Analysis Report 2022 to 2030

Thailand Home Healthcare Market Analysis

$ 3999

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.

ID: IN10THHS010 CATEGORY: Healthcare Services GEOGRAPHY: Thailand AUTHOR: Nandini Shah

Buy Now

Thailand Home Healthcare Market Executive Summary

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 Dynamics

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.

Competitive Landscape

Key Players

Health at Home HQ
Byosei Home Healthcare
Kiddu Home healthcare
Bumrungrad
JSP Home Care Service
Quality Home Health Care and Nursing Hua Hin

Healthcare Policies and Regulatory Landscape

Universal Health Coverage scheme that provides financial coverage for medical expenses
The Ministry of Public Health's guidelines for home healthcare services, including qualifications and training requirements for healthcare providers
The establishment of Home Care Units to provide comprehensive and coordinated care to patients in their homes
The promotion of telemedicine and telemonitoring technologies to support home healthcare services
Regulations for medical devices and equipment used in home healthcare to ensure quality and safety
Collaboration between the government, private sector, and community organizations to enhance the delivery of home healthcare services

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

Home Healthcare Market Segmentation

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.

Testing, Screening, and Monitoring Device
Blood Glucose Monitors
Blood Glucose Monitors
Blood Pressure Monitors
Heart Rate Monitors
Temperature Monitors
Sleep Apnea Monitors
Coagulation Monitors
Ovulation and Pregnancy Test Kits
Pulse Oximeters
Home Hemoglobin A1C Test Kit

Therapeutic Home Healthcare Devices
Oxygen Delivery Systems
Nebulizers
Ventilators
Sleep Apnea Therapeutic Devices
Wound Care Products
IV Equipment
Dialysis Equipment
Insulin Delivery Devices
Inhalers
?Other Therapeutic Products (ostomy devices, automated external defibrillators (AEDs)

Mobility Assist
Walkers and Rollators
Wheelchairs
Canes
Crutches
?Mobility Scooters

By Service Type (Revenue, USD Billion):

Skilled Nursing Services
Rehabilitation Therapy Services
Hospice and Palliative Care Services
Unskilled Care Services
Respiratory Therapy Services
Infusion Therapy Services
Pregnancy Care Services?

By Indication Type (Revenue, USD Billion):

Cardiovascular Disorders & Hypertension
Diabetes
Respiratory Diseases
Pregnancy
Mobility Disorders
Hearing Disorders
Cancer
Wound Care
?Other Indications (sleep disorders, kidney disorders, neurovascular diseases, and HIV)

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.