May 2021|Thailand News
Key Findings
- The COVID-19 situation in Thailand led to patients postponing non-necessary ophthalmic surgical operations and not going for regular eye consultations, due to a risk of contracting the virus and getting infected.
- Organizations and public enterprises have increased their investment in information security systems on the back of increased awareness towards the importance of data security. Companies are also expected to increase the appointment of IT professionals in dedicated cybersecurity roles.
- Frequent cloud migration is also expected to improve the demand for services such as Cloud Security, as organizations look to secure their servers and databases.
Thailand Ophthalmology Market Future Outlook
Proliferation of Eye Strain and Refractive Error: A high screen time among the Thai population makes it, especially the youth in the country, highly prone to ailments such as eye strain, which causes refractive error. A corresponding rise can be said to be expected in refractive error correction surgeries, particularly LASIK in the future.
Rise of Paediatric Ophthalmology: Multi-Specialty Hospitals having eye clinics and single-specialty eye hospitals have been increasingly focusing on developing separate eye clinics for children in form of paediatric ophthalmology centres. The same is due to the increasing cases of eye ailments among children, such as refractive error, stye and eye strain. The trend of paediatric ophthalmology is expected to continue in the future as well.
Single-Specialty Eye Hospitals and Clinics Expected to Grow: The future is expected to bring about a stress on specialized eye care and surgical treatments, with a certain level of trust accumulating among patients with neighbourhood ophthalmologists. Single-Specialty eye clinics are expected to grow regionally in the country, buoyed by the requirement for affordable, specialized and localized eye care.
Analysts at Ken Research in their latest publication “Thailand Ophthalmology Market Outlook to 2025 By Type of Consultation (Eye Strain/Aesthenopia, General Check-Up, Decreased/Reduced Vision, Allergic Reaction, Deformities of Eye/Eyelids), By Type of Surgery (Cataract, Refractive Error, Glaucoma, Retina Related Diseases and Others), By Region (Bangkok, Central, South, North-East and North) and By Type of Hospital (Single-Specialty and Multi-Specialty)” observed that Thailand is expected to consolidate its comparatively stronger position in the Couth-East Asian region, as a hub for ophthalmological care. Promotion of its provinces as suitable medical tourism destinations would increase the inflow of tourists looking for affordable eye surgeries and also bolster the experience of the ophthalmological healthcare infrastructure in the country. Advanced treatment technologies, especially in the treatment of Cataract and Refractive Error, will also improve Thailand’s ophthalmology healthcare infrastructure. Market revenues are expected to register a CAGR of 4.9% during the period of 2020 to 2025.
Key Segments Covered
- Type of Consultation (Eye Strain/Aesthenopia, General Check-Up, Decreased/Reduced Vision, Allergic Reaction, Deformities of Eye/Eyelids)
- Type of Surgery (Cataract, Refractive Error, Glaucoma, Retina Related Diseases and Others)
- By Region (Bangkok, Central, South, North-East and North)
- Type of Hospital (Single-Specialty and Multi-Specialty
Hospitals and Clinics Covered
- Rutnin Eye Hospital
- TRSC International LASIK Center
- Bumrungrad Hospital
- Bangkok Hospital
- Samitivej Hospital
- Thonburi Hospital
- Metta Pracharak Hospital
- Vichaiyut Hospital
- Thainakarin Hospital
- Top Charoen Eye Center
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Key Target Audience
- Single-Specialty Hospitals and Clinics
- Multi-Specialty Hospitals
- Ophthalmologists
- Ophthalmology Associations
- Medical Universities and Colleges
- Health Ministry of Thailand
Time Period Captured in the Report:-
- Historical Period: 2015-2020
- Forecast Period: 2020-2025
Key Topics Covered in the Report
- Thailand Ophthalmology Market Growth Strategy
- Ophthalmology Healthcare Infrastructure in Thailand
- Government Initiatives to Promote Superior Eye Care in Thailand
- Revenue Sources for an Ophthalmology Facility
- Ophthalmology Business & Operating Landscape of SEA Countries: Comparison with Thailand
- Regional Analysis of Ophthalmology in Thailand
- Common Eye Ailments & Surgeries in Thailand
- Technological Innovations in the Ophthalmology Field in Thailand
- Infrastructural & Ophthalmological Ecosystem Challenges & Solutions
- Mapping the Impact of the Pandemic on Ophthalmology in Thailand
- Investment Model for Setting up an Ophthalmology Clinic in Thailand
- Competition Landscape
- Projected Clinic Landscape for Ophthalmology in Thailand
- Optimizing Existing Ophthalmological Healthcare in Thailand
- Launching an Ophthalmology Facility in Thailand
- Potential Risk Factors for New Entrants & Existing Players
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249