Changes in Healthcare Scenario: Government Expenditure on Healthcare in Thailand has improved consistently over the last few years and reached USD 10.4 Billion in 2019 with a CAGR of 5.7% during 2010-19. The government made significant spending on Healthcare Development Programs in 2020 wherein an expenditure of USD 3.6 Million is made on Major Health Service System Development Projects. The expenditure is anticipated to increase even further as a result of the efforts taken by the Thai government to boost the country’s healthcare infrastructure in terms of quality.
Thailand rising to become one of the world’s best Healthcare Infrastructure for Medical Tourism: Thailand Medical Tourism Industry was ranked 6th in the world based on the attractiveness of the destination and medical tourism costs for different medical treatments in 2019. Advanced equipment and internationally trained doctors have gained goodwill for Thai hospitals for their exceptional services at a mere fraction of the cost. Healthcare costs in Thailand are ~1/5th as compared to the United States & Europe and ~1/3rd as compared to Singapore & ~1/2 as compared to Malaysia. Hence, Thailand is considered a prominent destination for medical treatments than other South Asian countries in 2019.
The surge in the Number of In-patients with Heart-Related Diseases: More people die from Heart-Related Diseases than any other causes worldwide and a similar trend was observed in Thailand too. The number of In Patients with Ischemic Heart Disease, Acute Myocardial Infarction, Chronic Heart Disease, Heart Failure, and other heart-related diseases have increased by ~14% in the last 4 years wherein Bangkok witnessed the highest number of inpatients for primary diagnosis related to heart disease in 2019 as compared to other provinces in Thailand. The rising number of cases resulted in a higher preference towards tests such as Troponin I, NTproBNP & CKMB, and others.
Analysts at Ken Research in their latest publication “Thailand Blood Gas Analyzer and Cardiac Biomarker Market Outlook to 2025 – Blood Gas Analyzer: By Device Type (Medium to High Workload and Single Test Analyzer), By Product (Device and Reagent), By Region”, by Ken Research suggested that the Blood Gas and Cardiac Biomarker Market in Thailand is expected to grow in the near future due to new hospitals opening in the country, expansion of existing hospitals, Rising Aging Population, Per Capita Health Expenditure, booming Medical Tourism industry, and increasing Government spending over the years. The Blood Gas Analyzer the market is expected to register a positive five-year CAGR of 6.6% and Cardiac Biomarker to register a CAGR of 5.9% in terms of the number of devices installed respectively during the forecast period 2020P-2025F.
Key Segments Covered: –
Blood Gas Analyzer Market:
By Type of Device (Number of Devices Installed)
Medium to High Workload Device
Single Test Analyzer Device
By Type of Product (Revenue)
Reagents
Device
By Region (Number of Devices Installed)
Bangkok
Central Region
Northern Region
North Eastern Region
Southern Region
Cardiac Biomarker Analyzer Market:
By Type of Product (Number of Devices Installed)
Reagent
Device
By Type of Device (Number of Devices Installed)
Semi-Automated Small Portable System
Fully-Automated High-End System
By Type of Cardiac Biomarker (Revenue)
Troponin
CKMB
NTproBNP
D-Dimer
Others
Companies Covered
Major Manufacturing Brands:
Nova Biomedical
Radiometer
Techno Medica
Roche Diagnostics
Abbott
Siemens
Wondfo
Osang Healthcare
i-Sens
Opti Medical
Werfen
Biomerieux
Sysmex
LSI Medience
Quidel
GP Getein
Distributors:
MP Group
NHealth
Connect Diagnostics
AEC Healthcare
SE Supply Group
Transmedic
PCN Healthcare
Meditop
MSS
Key Target Audience: –
Blood Gas Analyzer Manufacturers, Importers and Distributors
Cardiac Biomarker Manufacturers, Importers and Distributors
Government and Regulatory Bodies
Heart Hospitals & Research Institutions
Medical Device Consultant Firms
Industry Associations
Time Period Captured in the Report:-
Historical Period: 2014-2020
Forecast Period: 2021-2025
Key Topics Covered in the Report: –
Overview of Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Thailand Blood Gas and Cardiac Biomarker Analyzer Market Value Chain Analysis
Thailand Blood Gas Analyzers& Cardiac Biomarker Market Size
Thailand Blood Gas and Cardiac Biomarker Analyzer Market Ecosystem
Thailand Blood Gas and Cardiac Biomarker Analyzer Market Segmentation
Government Role and Regulation in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Trends and Developments in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Issues and Challenges in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Competitive Landscape in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Market Share of Blood Gas & Cardiac Biomarker Players in Thailand basis Number of Devices Installed
Strength and Weakness of Major Players in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
End-User Perception in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
SWOT Analysis Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Thailand Blood Gas and Cardiac Biomarker Analyzer Market Future Projections, 2020P-2025F
Analysts’ Recommendations
For More Information on the research report, refer to the below link: –
Thailand Blood Gas Analyzer and Cardiac Biomarker Market
Related Reports by Ken Research: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249