Saturday, November 26, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Health Care Diagnostics Rising Geriatric Population and Healthcare Expenditure coupled with Growth in Medical Tourism...

Rising Geriatric Population and Healthcare Expenditure coupled with Growth in Medical Tourism has augmented growth in Cardiac Biomarker and Blood Gas Analyzer Market in Thailand: Ken Research

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: –

Europe POCT Devices Market Outlook to 2022 – by Geography (Western Europe & Eastern Europe), by Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1Ac POCT & Drugs of Abuse POCT), by Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units and Homecare & Patients)

India POCT Market Outlook to 2023 – By Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy, and Fertility Testing Kits, Cardio-Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits and Others), By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others), By Distribution Channel (Distributors and Direct Sales), By Consumables and Instruments and By Region

India Blood Gas and Cardiac Biomarker POC Analyzer Market Outlook to FY’2025-By Product (Device and Reagent), By Device Type (Medium to High Workload and Single Test Analyzer Device), By Region (Tier 1, Tier 2 and Tier 3) and By End User (Hospital, Clinics and Small Health Setup and Diagnostic Labs)

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

RELATED ARTICLES

An increasing ageing population, changing lifestyles, and increased private and public health care expenditure are driving growth of India Dental Services Market: Ken Research

Buy Now “The Dental Services Market in India saw a dip in the growth rate in FY’2021 due to the Covid-19 pandemic and dental clinics...

3 Key Insights on Competitive Landscape in the Global Mental Wellness Market: Ken Research

Buy Now Country-Niche Players Dominate the Market Comprising ~55% of Industry Despite the Presence of about ~ 500 Competitors Comprising a Significant Number of Regional...

Key Insights on Competitive Landscape in Global 3D Bioprinting Market: Ken Research

Buy Now Few Global Players Dominate the Market despite the Presence of about ~100 Competitors Comprising a Large Number of Regional Players and Some Specialist...

Most Popular

3 Key Insights on US$ 20 Bn Opportunity in the Global Nanomaterials Market – Ken Research

Buy Now Driven by the increasing demand for nanomaterials in the healthcare and electronics sectors among other end industries, growing investments in research & development...

An increasing ageing population, changing lifestyles, and increased private and public health care expenditure are driving growth of India Dental Services Market: Ken Research

Buy Now “The Dental Services Market in India saw a dip in the growth rate in FY’2021 due to the Covid-19 pandemic and dental clinics...

Qatar Auto Finance Market is expected to reach QR 18.9 Bn in 2026F

Buy Now Qatar will host the FIFA World Cup 2022 which is expected to increase the tourist flow (more than 1 mn tourists are...

Technology advancement, Cross Border E-commerce, and Increased local penetration by E-Commerce Platforms are some of the key growth drivers of the Singapore e-commerce industry:...

Buy Now Driven by the Entry of Home-Grown Players and Developing Logistics Infrastructure, the logistics market in Singapore has ample growth potential in the coming...