The revenue in the 'Medical Devices' segment of the medical technology market in Thailand was forecast to continuously increase between 2024 and 2029 by in total 0.8 billion U.S. dollars (+37.56 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 2.91 billion U.S. dollars and therefore a new peak in 2029.
Revenue of the medical device market in Thailand from 2016 to 2029
(in billion U.S. dollars)
Data provided by Statista Market Insights are estimates.
Definition: The Medical Devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into 6 submarkets according to medical specialties or types of application. Medical devices that treat the heart, such as pacemakers, can be found in the Cardiology Devices market. The Diagnostic Imaging market covers machines and instruments for diagnosis of many different kinds of conditions. Devices for orthopedic applications, such as joint implants, are included in the Orthopedic Devices market. Ophthalmic Devices are devices used for conditions related to the eye. The General & Plastic Surgery Devices covers many different products required for surgeries. The Other Medical Devices market provides information on additional areas that are not covered by the main markets.
Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.
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Statista. (November 28, 2024). Revenue of the medical device market in Thailand from 2016 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 08, 2024, from https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/
Statista. "Revenue of the medical device market in Thailand from 2016 to 2029 (in billion U.S. dollars)." Chart. November 28, 2024. Statista. Accessed December 08, 2024. https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/
Statista. (2024). Revenue of the medical device market in Thailand from 2016 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 08, 2024. https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/
Statista. "Revenue of The Medical Device Market in Thailand from 2016 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2024, https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/
Statista, Revenue of the medical device market in Thailand from 2016 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/ (last visited December 08, 2024)
Revenue of the medical device market in Thailand from 2016 to 2029 (in billion U.S. dollars) [Graph], Statista, November 28, 2024. [Online]. Available: https://www.statista.com/statistics/1238032/thailand-market-size-of-medical-device/