The Thailand 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 - 2030. 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.
The Thailand 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 - 2030. 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. In order to assist people to live as completely as they can until they die away, this entails offering a support system and attending to their material requirements. A number of 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 in order to capture a sizeable market share is projected to drive the growth of the palliative care market in the Asia-Pacific region.
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.
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.
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.
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. Report Description of the Thailand Palliative Care 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 Palliative Care Market Executive Summary
2.1 Thailand Palliative Care Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key Findings
3. Market Dynamics of Thailand Palliative Care Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Thailand Palliative Care Market Segmentation
4.1 By Service Type
4.1.1 Private residence care
4.1.2 Hospice inpatient care
4.1.3 Hospital inpatient care
4.1.4 Nursing home and residential facility care
4.2 By End User
4.2.2 Home Care Settings
4.2.3 Palliative Care Centers
4.2.4 Long-Term Care Centers & Rehabilitation Centers
5. Thailand Palliative Care Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7.1 Company 1
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 Palliative Care Market
9. Factors Driving Future Growth
9.1 New Trends and Development Thailand Palliative Care Market
9.2 Future Opportunities
10. Strategic Recommendations
By Service Type (Revenue, USD Billion):
Based on service type, the Thailand palliative care market is divided into the following:
By End User (Revenue, USD Billion):
Based on end-user type, the Thailand palliative care market is divided into the following:
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