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Deep dive into the Healthcare System and Medical Device Market in Thailand – report incl. surgical procedures

  • January 2016
  • -
  • TforG
  • -
  • 132 pages

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This TforG report includes the Surgical Procedures Database with 620 surgical interventions, reported by the ICD-9 coding system in Country. To add context to the surgical procedure volumes, the report provides written and numerical analysis on the current trends, size, changes and dynamics of the local markets. In addition, the latest reforms of the local Healthcare system are clearly outlined.

The report helps businesses gain a unique insight into the socio-economic dynamics until 2015, and helps analyze how they affect healthcare systems and their evolution. It can serve as an essential tool for sales, marketing, R&D and business managers with industry related interests.

Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).

The report includes 620 surgical interventions (in pdf format), reported by the ICD-9 international coding system in 13 specialisms, with data for four years: last year’s actuals (2014), two years of historical data, and one year of forecast. The specialisms included are: Cardiology, Neurology, Orthopedics, Urology, ENT, Ophthalmology, OBGYN, Endocrinology, Plastic, General, Thoracic, Hemic and Lymphatic system, Oncology.

Economic Outlook
- Thailand is dealing with an economic slow-down after immense growth rates 5 years ago (close to 7%). In 2015 it showed a GDP growth close to 4% and GDP per capita is estimated at €4,592.
- Around 27% of the total GDP is retrieved from Bangkok alone.
- Informal employment is high, around 63%, whilst approximately 0.8% of the Thai population is considered unemployed.
- Thailand is also a favored location for the production of high-end electronic consumer devices

The Healthcare System
- The Thai healthcare system is organized from a Ministerial level downwards to District level, advised and supervised by a variety of government agents. Thai Provincial Health Offices (PHOs) are the principal authorities coordinating and supervising healthcare resources for and in a particular region and or locality.
- Thai healthcare expenditure in 2015 as a percentage of GDP is 3.76%.
- There are three different schemes of public healthcare insurance available in Thailand, suiting different demographic groups, proving universal coverage.
- There are provisional and access inequalities to healthcare and variations of health status between rural and urban Thailand.

Reforms:
- The 11th National Health Development Plan 2012-2016
- Decentralization Plans (2012)
- Measures to control drug costs (2012)
- ASEAN Economic Community, AEC (planned to begin 2015)

Healthcare Markets:
- Thailand is building upon its existing capacity as a healthcare tourism hub in Asia, offering competitive prices and a variety of highly qualified medical facilities for the private market.
- The public market has also experienced recent successes and expansion due to the introduction of universal healthcare schemes. It is expected to continue growing in volume, capacity and quality as tier-two cities continue to grow rapidly.
- Thailand’s domestic healthcare market is worth €11.9 bn, equal to close to 4% of its GDP.
- Capital formation is worth around 8.9% of the total healthcare expenditure, equal to a market value of €1.05 bn.
- The medical device market is valued around €1.07 bn, with a forecasted growth rate of 8% in the coming year.
- The pharmaceutical market is estimated around €4.25 bn, and expected to double in value in the coming years 5 years.
- Political uncertainty is driving reduced investment and discouraging foreign activity in the healthcare sector. However Thailand is making substantial efforts to reestablish confidence and has created some favorable regulations for foreign and domestic business.

Country Overview:
Includes tables centralizing all relevant data on socio-demographics, macroeconomics and national Healthcare.

National Care Provision data:
Provides an overview of the Healthcare demographics: Nation Care provision data, Intensive Care units, Operating rooms, Emergency Rooms, Hospital services, Healthcare professionals.

Reasons to buy:
- Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
- Relevant healthcare reforms
- Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
- Regularly updates, at least once year
- Every update published by TforG within 6 months after your purchase will be made available to you
- Global coverage, available for + 40 countries
- Surgical Procedure Volumes section incl. 620 ICD9 coded procedure volumes for five years: last year’s actuals (2014) (2014), three years of historical data, and two years of forecast
- Actionable information to capture size, trends and potential of the market

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