Innovate to Integrate: A Thai perspective

Going forward, the Thai MedTech market is expected to increase in size, driving overall demand for MedTech solutions. MedTech entails the development, manufacturing and application of medical devices, equipment and software designed to improve human health, and prevent, diagnose, monitor, or treat illness. The expected growth in the MedTech industry offers opportunities for players in the healthcare ecosystem such as MNCs, public and private hospitals, and government organizations. Thailand has been seen as a regional leader in healthcare services for many years, providing access to public services as well as leading in private healthcare as a medical tourism destination, but faces challenges to fully capitalize on these opportunities, both from a funding and infrastructure point of view.