The Thai medical device market has been undergoing a period of strong growth, and if fundamentals remain the same, the market looks set to expand at an attractive 13.7% per annum in the medium term, to reach around US$2.3bn by 2018.
In April 2012, the Ministry of Industry announced it had approved in principle the plan to establish a new industrial production zone for manufacturers of medical devices in the country.
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Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:
Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market
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