Saturday, November 26, 2022

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Home Health Care Diagnostics Thailand’s Growing number of Heart Disease patients with Improving Healthcare Facilities will...

Thailand’s Growing number of Heart Disease patients with Improving Healthcare Facilities will drive the Industry Growth in long term: Ken Research

  • Launch of Smart Health ID (patient administration cloud service) during 2018–20 under Thailand 4.0 increased digital penetration among manufacturers & distributors.
  • Access to patients’ data to manage future demand of healthcare services and medical devices under Thailand 4.0.
  • Expenditure on elderly population welfare in Thailand is anticipated to reach USD 148.5 Mn by 2021 with a double-digit CAGR of 10.5% during 2016-2021.
  • Hospital groups such as Bangkok, Bumrungrad, Kasemred have planned to open more hospital units to cater to increasing hospital demand for specialized areas such as Cardiovascular.

Road Map of Healthcare Industry under Thailand 4.0: Thailand Ministry of Public Health created a roadmap in making Thailand, the medical hub of ASEAN by 2025. The focus area for the first five years of the implementation (2017-2021) is majorly to promote health tourism and effective production of generic drugs. However, the focus will primarily shift to the usage of standardized medical robots & automated diagnostic devices especially to treat heart-related diseases and targeted therapies.

Increasing Ageing Population: Demand for healthcare services is expected to grow as the older population in Thailand is expected to increase from ~20% in 2019 to ~36% by 2050. The aging population boom puts pressure on the government to plan for facilitating the change by improving medical facilities in the hospitals. Treatment & care for chronic diseases will be among the primary focuses for maintaining the health of elder citizens in the country.

Growth in Hospital Industry: Private Hospital industry is anticipated to grow at a 10%-13% growth rate during 2020-2022, wherein large hospital groups with a large network will have advantages in both cost & personnel. The number of Hospitals on the other hand is anticipated to cross 1500 by 2022. A higher number of hospitals with increased personnel would ensure more healthcare tests to be conducted in the country.

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 Regionby 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 Ageing Population, Per Capita Health Expenditure, booming Medical Tourism industry,  and increasing Government spending over the years.

The Blood Gas Analyzer 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 a 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 below link: –

Thailand Blood Gas Analyzer and Cardiac Biomarker Market

Related Reports by Ken Research: –

https://www.kenresearch.com/healthcare/medical-devices/europe-poct-devices-market/149664-91.html

https://www.kenresearch.com/healthcare/medical-devices/india-poct-market/209287-91.html

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

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