![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/ASEAN-TOP-MARKETS.png\")
<\/figure><\/div>\n\n\n\nWith a strong healthcare infrastructure, highly skilled medical professionals, international standard medical services, and affordable healthcare costs, Thailand is a global hub for medical tourism. In 2019, approximately 3.5 million medical tourists visited Thailand. As of July 2021, the Joint Commission International (JCI) accredited 61 Thai medical institutes which offer all kinds of medical treatments, ranging from organ transplants to dental and cosmetic surgery. To focus on supporting infrastructure for medical tourism, Thailand is home to more than 38 thousand facilities that offer some form of healthcare services in the following distribution: private clinics: 24,800 (70%), public health and district health promotion center care facilities: 9,800 (28%), private hospitals: 370 (2%) and public hospitals: 290 (1%). Based on the Ministry of Public Health\u2019s survey in 2019, most foreign tourists who received healthcare in Thailand did so through private hospitals.<\/p>\n\n\n\n
![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/201512_Thailand_Medical_Device_Content-1.jpg\")
<\/figure><\/div>\n\n\n\nDestinations Where International Medical Tourists Were Spending the Most in 2019<\/p>\n\n\n\n
(USD Million, % of global total)<\/p>\n\n\n\n
![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/Medical-Tourism.png\")
<\/figure><\/div>\n\n\n\nOut of 118 nations in the IMF\u2019s dataset, Thailand placed fourth in medical tourism spending overall and is the only Southeast Asian (SEA) nation to place in the top fifteen. Out of total inbound tourism spending in Thailand, which reached $58 billion in 2019, medical tourism spending accounted for one percent, which indicates the attractiveness of the Thai medical tourism sector.<\/p>\n\n\n\n
Tourism has been a critical source of jobs and income for Thailand, and in 2019, a record 39.9 million tourists visited Thailand. Approximately 12-14 percent of Thailand\u2019s gross domestic product comes from tourism. An economic contraction of six percent occurred in 2020, and hospitals supporting medical tourism have experienced direct adverse effects from the coronavirus epidemic. To offset these effects, Thailand is implementing various tourist \u201csandbox trials\u201d to allow tourists to visit specific spots in Thailand, such as Phuket and Koh Samui.<\/p>\n\n\n\n
![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/Immagine1-4.png\")
<\/figure><\/div>\n\n\n\nIn 2020, the value of Thailand\u2019s medical device market was approximately $6 billion. In 2020, to cope with Covid-19, local manufacturers increased their production of personal protective equipment (PPE). Although imports of medical devices used for Covid-19 patients, such as ventilators, increased, imports of medical devices, in general, decreased by approximately 20 percent. That is because the majority of public and private hospitals have focused their budgets on Covid-19 treatment.<\/p>\n\n\n\n
<\/p>\n\n\n\n
In April 2021, the Thai Food and Drug Administration (Thai FDA) issued new medical device regulations as part of an effort to align the country\u2019s regulatory system with rules established in the ASEAN Medical Device Directive (AMDD). The new regulations require technical data for all medical devices: this data is to be submitted using the ASEAN Common Submission Dossier Template format. There is also a new fee schedule with increased application fees.<\/p>\n\n\n\n
![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/AMDD-1-2.jpg\")
<\/figure><\/div>\n\n\n\nMedical Devices (Millions USD)<\/p>\n\n\n\n (total market size = (total local production + imports) \u2013 exports)<\/p>\n\n\n\n Market growth in the next few years will be driven by a demand for upgrades, an expansion of existing health care facilities and medical devices, as well as for the replacement of accessories. The following subsectors have been identified as those with the best prospects: Opportunities<\/strong><\/p>\n\n\n\n The Covid-19 pandemic has accelerated the growth of telemedicine in Thailand. Large public hospitals, including Ramathibodi Hospital, Siriraj Hospital, and King Chulalongkorn Memorial Hospital, have developed and implemented their own telemedicine systems. Samitivej Hospital, part of the Bangkok Dusit Medical Services (BDMS) hospital chain, launched its virtual hospital to be accessed from a one-stop smartphone application, which is now an around-the-clock operation. Bumrungrad Hospital offers teleconsultation and remote patient monitoring for long-distance care for patients with arrhythmic heart conditions. Hospital providers have extended their services across borders. BDMS has partnered with Chinese platform Ping An Good Doctor, launching a joint operation at the end of 2019. The service allows patients in China to receive consultation from Thai doctors.<\/p>\n\n\n\n Thailand has an aging population, with 20 percent of its population forecasted to be over the age of 60 by 2022, increasing to 30 percent by 2035. This societal change is creating an imminent need for support services and facilities catering to an increasingly elderly population. Real estate developers are partnering with hospitals in developing senior care residence projects. Major public hospitals are developing their facilities to serve the elderly population. As a result, demand exists for related medical devices, products, and services for elder care.<\/p>\n\n\n\n The severely impacted economy has prompted Phuket to reposition the island as a world-class destination for health tourism. Phuket plans to construct an international medical tourism complex. The first development phase will include construction of four specialized medical treatment facilities \u2013 a general medical health center, a cardiac center, an international senior care facility, and a center for physical rehabilitation and anti-aging. In the second phase, three more specialized centers will be constructed, including the Bamrasnaradura Infectious Disease Institute headquarters, a Tropical Diseases Institute, and the Andaman Cancer Center. The new medical treatment complex in Phuket is expected to attract around 50,000 tourists in 2023 and one million by 2026. <\/p>\n\n\n\n Source: Medical Devices Intelligence Unit <\/strong>(MEDIU), Thailand Office of Industrial Economics<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Medical Devices Medical devices constitute a thriving industry in Thailand, with the country acclaimed as a major healthcare hub in Asia. Products are imported in large numbers, and Thailand presents a fertile ground for investment in new projects to manufacture medical devices, equipment and disposables. Growth prospects for the Thai medical device market appear strong; […]\n","protected":false},"author":2,"featured_media":3724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/posts\/3713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/comments?post=3713"}],"version-history":[{"count":3,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/posts\/3713\/revisions"}],"predecessor-version":[{"id":3726,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/posts\/3713\/revisions\/3726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/media\/3724"}],"wp:attachment":[{"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/media?parent=3713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/categories?post=3713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.khabangkok.com\/en\/kha-bangkok-co-ltd\/kha-bangkok-healthcare-thailand\/wp-json\/wp\/v2\/tags?post=3713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} <\/td> 2018<\/strong><\/td> 2019<\/strong><\/td> 2020<\/strong><\/td> 2021 estimated<\/strong><\/td><\/tr><\/thead> Total Local Production<\/td> 3,909<\/td> 3,935<\/td> 3,880<\/td> 3,729<\/td><\/tr> Total Exports<\/td> 2,736<\/td> 2,754<\/td> 2,716<\/td> 2,607<\/td><\/tr> Total Imports<\/td> 5,123<\/td> 5,275<\/td> 5.180<\/td> 4,973<\/td><\/tr> Imports from the US<\/td> 712<\/td> 784<\/td> 731<\/td> 702<\/td><\/tr> Total Market Size<\/td> 6,296<\/td> 6,456<\/td> 6,344<\/td> 6,095<\/td><\/tr> Exchange Rates<\/td> 31<\/td> 31<\/td> 31<\/td> 31<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/p>\n\n\n\n![\"\"](\"https:\/\/khabangkok.com\/wp-content\/uploads\/thai-exports.jpg\")
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