We are in the middle of intense global nervousness due to a rapidly spreading disease, covid-19. Studies reveal that Thailand is ranked 6th among 195 countries on the global health security index that is used to measure a nation’s ability to deal with pandemics, epidemics, or few other health emergencies. If we talk in terms of Covid-19 recovery competence, Thailand is ranked 1st in South East Asia; however, it received 2nd rank in the entire world.
With the increasing complexities due to pandemics, there is a rising demand for high-quality first-rate medical care in the country. The local residents, ex-pats, and travelers who come here for business and pleasure are looking for the best-in-class medical facilities during these critical times. Although, Thailand is already recognized as one of the top-rated countries in Asia for its advanced healthcare facilities and experienced professionals. There is no shortage of surgeons, pharmacists, trained physicals, and nurses. However, with the booming population in the country, it is necessary to improve the standards of healthcare services within the country. There are an extensive range of business opportunities in the Thai healthcare market for foreign investors. They can start developing high-quality products and equipment that are necessary to serve patients during this pandemic and post-covid-19 as well.
One can think of establishing a medical device industry in Thailand that can provide an extensive range of facilities to the healthcare service providers around. If we look at the stats of the year 2019, the Thai medical device market improved to 176 million baht, which shows an almost 70% rise in comparison to the previous decade. Thailand even ranks ahead of Singapore for its medical imports and exports to serve the healthcare industry.
Many speculations reveal that the annual growth of the Thai medical device market by rising by almost 8 to 10% in the coming few years. With 378 private establishments, 1400 hospitals, and 66 JCI accredited medical institutions, Thailand has become the number one South Asian Country. It also stands 4th for having most US accredited hospitals in the entire world outside the USA.
Those who are interested in doing company registration in Thailand to serve local healthcare industries can also enter the medical tourism sector. As the number of travelers to Thailand are increasing with each passing year, due to its awesome natural beauty and an incredible range of tourist places, the requirements of medical procedures and care services are also high. But the cost is considerably high due to inherent reasons. By setting a new healthcare business in Thailand, you can serve tourists with cosmetic surgeries, dental surgeries, and breast augmentation, etc., as they are in high demand.
Almost 3.5 million tourists visit Thailand every year. Therefore, foreign investors can find a large medical tourism market in this country. You can start manufacturing some high-quality and easy-to-access medical devices to serve the clients. It is possible to grow your business high with the easy availability of professionals in the country.
With the increasing complexities due to pandemics, there is a rising demand for high-quality first-rate medical care in the country. The local residents, ex-pats, and travelers who come here for business and pleasure are looking for the best-in-class medical facilities during these critical times. Although, Thailand is already recognized as one of the top-rated countries in Asia for its advanced healthcare facilities and experienced professionals. There is no shortage of surgeons, pharmacists, trained physicals, and nurses. However, with the booming population in the country, it is necessary to improve the standards of healthcare services within the country. There are an extensive range of business opportunities in the Thai healthcare market for foreign investors. They can start developing high-quality products and equipment that are necessary to serve patients during this pandemic and post-covid-19 as well.
One can think of establishing a medical device industry in Thailand that can provide an extensive range of facilities to the healthcare service providers around. If we look at the stats of the year 2019, the Thai medical device market improved to 176 million baht, which shows an almost 70% rise in comparison to the previous decade. Thailand even ranks ahead of Singapore for its medical imports and exports to serve the healthcare industry.
Many speculations reveal that the annual growth of the Thai medical device market by rising by almost 8 to 10% in the coming few years. With 378 private establishments, 1400 hospitals, and 66 JCI accredited medical institutions, Thailand has become the number one South Asian Country. It also stands 4th for having most US accredited hospitals in the entire world outside the USA.
Those who are interested in doing company registration in Thailand to serve local healthcare industries can also enter the medical tourism sector. As the number of travelers to Thailand are increasing with each passing year, due to its awesome natural beauty and an incredible range of tourist places, the requirements of medical procedures and care services are also high. But the cost is considerably high due to inherent reasons. By setting a new healthcare business in Thailand, you can serve tourists with cosmetic surgeries, dental surgeries, and breast augmentation, etc., as they are in high demand.
Almost 3.5 million tourists visit Thailand every year. Therefore, foreign investors can find a large medical tourism market in this country. You can start manufacturing some high-quality and easy-to-access medical devices to serve the clients. It is possible to grow your business high with the easy availability of professionals in the country.
