In 2021, 60 percent of all pharmaceutical products were distributed to public hospitals in Thailand. This was followed by 20 percent for private hospitals and 20 percent for over-the-counter medications. Most of the pharmaceutical products manufactured in Thailand are for domestic use. In that same year, only ten percent of the pharmaceutical production in the country was exported.
The pharmaceutical supply in Thailand
In general, the supply of medicines in Thailand is through the domestic production of finished drug products, mostly generic drugs. The production of modern medications in the country fluctuated over the past years, amounting to almost 80 billion Thai baht in 2020. Thailand’s pharmaceutical market is shared between government pharmaceutical organizations and private companies. As of April 2021, the number of existing pharmaceutical and medical supply businesses in Thailand amounted to over ten thousand.
Leading pharmaceutical companies in Thailand
For private pharmaceutical companies, both local and multinational companies have a good standing in the market. Thai-owned companies usually operate on low-priced pharmaceutical production. As for multinational companies, they mostly import original and patented drugs for high prices. In 2021, AstraZeneca held the largest revenue share of the pharmaceutical market in Thailand, followed by Novartis.
Domestic distribution of pharmaceutical products in Thailand in 2021, by channel
Characteristic
Share of pharmaceutical products
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Krungsri Research. (December 15, 2022). Domestic distribution of pharmaceutical products in Thailand in 2021, by channel [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/
Krungsri Research. "Domestic distribution of pharmaceutical products in Thailand in 2021, by channel." Chart. December 15, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/
Krungsri Research. (2022). Domestic distribution of pharmaceutical products in Thailand in 2021, by channel. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/
Krungsri Research. "Domestic Distribution of Pharmaceutical Products in Thailand in 2021, by Channel." Statista, Statista Inc., 15 Dec 2022, https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/
Krungsri Research, Domestic distribution of pharmaceutical products in Thailand in 2021, by channel Statista, https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/ (last visited September 01, 2024)
Domestic distribution of pharmaceutical products in Thailand in 2021, by channel [Graph], Krungsri Research, December 15, 2022. [Online]. Available: https://www.statista.com/statistics/666853/thailand-domestic-share-of-pharmaceutical-products-by-channel/