Due to increasing disease burden and growth in medical tourism


The demand for medical devices in Thailand is expected to increase due to the growing aging population and growing importance as a manufacturing hub.
The high prevalence of the disease and the demand for specific diagnostics is expected to further drive demand with the introduction of technologically advanced equipment in the country.
Building a world-class healthcare industry is a top priority for Thailand and the healthcare industry is expected to progress and grow significantly over the next few years, which will support the growth of the medical device market in the country.
Expanding Healthcare Infrastructure in Thailand: Thailand’s growing healthcare infrastructure is driving the medical device market in Thailand. At the same time, the increase in the volume of imports in the health sector will stimulate the demand for medical devices in the country. Thailand’s growing healthcare infrastructure attracts major players from around the world to meet the growing demand for medical devices. In addition to European and American manufacturers, many Chinese and Korean manufacturers are also targeting Thailand’s high-potential medical device market.

High prevalence of ischemic heart disease in Thailand Ischemic heart disease remains the leading cause of death in the country. To cope with the high volume of cases, human resource capacity in this area is generally greater than that of other medical specialties.

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Import-dependent market: The Thai medical device market is an import-dependent market with 90% of revenue generated in 2020 and devices imported from countries such as Germany, Japan and China. Local production limited to prototype units, spare parts and disposable items such as surgical gloves, syringes and needles. The lower share of domestic production is mainly due to the lack of capacity and the reduced number of local manufacturing companies in Thailand.

The report titled “Thailand’s Medical Device Outlook to 2026F – Driven by the Prevalence of Chronic Diseases in the Country, Combined with Supportive Government Policies and BOI Incentives”. provides a comprehensive analysis of the state of the medical device market in Thailand. The report covers various aspects including the current market scenario in Thailand, supply and pricing trends, market potential of each medical device, key growth drivers, technological disruptions and innovations, and analysis comparison of the competition. The report concludes with market projections for the future of the industry, including the expected size of the industry in terms of revenue and business activity.

Key Segments Covered

By type of business activity
Local manufacturing
By mode of sale
Distributor Mediation
direct sales
By device type
Medical consumables
Diagnostic Imaging Products
Respiratory products
Dental and orthopedic products
heart apparatus
Hospital furniture
Auxiliary devices
Ophthalmic devices
dialysis machine
By type of medical consumable
Indoor surgical gloves and masks
Syringes, needles and catheters
Intravenous administration set
Sutures and catgut
Infusion pumps
Bandages, dressings and others

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By Diagnostic Imaging Product Type

CT scan
X-ray products
Electrodiagnostic device (functional examination)
By type of cardiac device
Angioplasty device
Heart rhythm management
Heart-lung machines
By type of respiratory products
oxygen concentrator
Airway pressure devices
By type of dental and orthopedic products
Orthopedic devices
Artificial teeth and braces
dental appliances
Surgical belts
Companies covered

Manufacturing companies

Nipro (Thailand)
Hoya optics
Kawasaki Laboratories
GE Medical Systems (Thailand)
Eyebiz Laboratory (Thailand)
Emerald Nonwovens International
Infus Medical (Thailand)
ME Meditek
Distributing companies

Unitech Healthcare Co. Ltd.
X-ray company
Kha Bangkok
Bangkok Business Unit
Gateway Healthcare Co. Ltd.
Medical Intensive Care Society. ltd
Thai hospital products co. ltd
iCare medical co ltd
DKSH (thailand) co. ltd
BJC Health
First Medical Society. ltd
siam pharmaceutical

Main topics covered in the report

Future Prospects of Medical Devices Market in Thailand
Overview of the Thai healthcare system
Introduction and Overview of Medical Devices Market in Thailand
Industry Life Cycle and Value Chain of Thailand Medical Devices Market
Key Market Drivers in Thailand Medical Devices Market
Demand-side and supply-side ecosystem, preferences and trends in Thailand medical device market
Thailand Medical Devices Market Size by Revenue
Thailand Medical Devices Market by Device Type and Sub-Segments
Thailand Medical Devices Market by End Users
Medical Devices Market in Thailand by Regions
Competitive factors and valuation in the Thai medical device market
Market trends and development
Market issues and challenges
Government rules and regulations
Future Prospects of Medical Devices Market in Thailand
Upcoming Technologies in the Medical Devices Market
Analyst Recommendations

Related Reports


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Ken Research
Ankur Gupta, Marketing and Communications Manager
[email protected]

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Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies. We provide business intelligence services and operational advice in over 300 verticals highlighting disruptive technologies, emerging business models with analysis of precedents and success case studies. Some of the best consulting firms and market leaders seek our intelligence to identify new revenue streams, customer/vendor paradigm and pain points and competitive due diligence.

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