Thailand Medical Consumables Market (2024-2030) | Value, Industry, Companies, Share, Size, Analysis, Trends, Revenue, Forecast, Growth & Outlook

Thailand Medical Consumables Market Synopsis

The Thailand medical consumables market is estimated to reach USD 2.17 billion by 2026, registering a CAGR of 7.25% during the forecast period 2020-2026. The rising prevalence of chronic diseases, increasing patient population & advances in healthcare infrastructure are some of the primary factors for driving the growth of Thailand Medical Consumable Market during the forecast period.

Market Drivers

Increase in geriatric population and growing awareness about health benefits associated with healthy lifestyle will propel demand for medical consumables in Thailand over the forecast period. Rise in per capita income leads to increased expenditure on healthcare services which results in rising demand for medical consumables products such as needles, syringes, gloves etc., thus further propelling market growth over coming years. Growing investments by leading companies and government initiatives towards healthcare facilities are anticipated to augment industry expansion over impending years. Additionally, rapid technological advancement along with increasing adoption among professionals is likely to offer lucrative opportunities for manufacturers operating across this landscape over next seven years.

Challenges of the Market

Low penetration rate of superior quality products coupled with high cost structure might hamper industry growth up to certain extent over upcoming timeframe .

Covid-19 Impact on the Market

The COVID-19 pandemic has had an immense effect on global markets including that of medical devices and consumables due to disruption caused within supply chains and a shift away from elective procedures/surgeries as well as preventing infection control measures being taken at hospitals or other clinical setups have ledto stagnation or even declinein sales across many regions globally includingThailandduring 2020and 2021 .However,as lockdowns ease out throughout countries aroundthe world,demandfor theseproductsis expectedtorecoverover theyearsto come .

Key Players of the Market

Some major players present inthe Thailand Medical Consumablemarket includeAbbott Laboratories,B Braun Melsungen AG,3M Company,Medtronic plc., Becton Dickinson & Company (BD), Johnson & Johnson Services Inc., Smith & Nephew Plc., Siemens Healthcare GmbH, Stryker Corporation among others.

Key Highlights of the Report:

• Thailand Medical Consumables Market Outlook
• Market Size of Thailand Medical Consumables Market, 2023
• Forecast of Thailand Medical Consumables Market, 2030
• Historical Data and Forecast of Thailand Medical Consumables Revenues & Volume for the Period 2020-2030
• Thailand Medical Consumables Market Trend Evolution
• Thailand Medical Consumables Market Drivers and Challenges
• Thailand Medical Consumables Price Trends
• Thailand Medical Consumables Porter's Five Forces
• Thailand Medical Consumables Industry Life Cycle
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Blood Bags for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By IV Solutions for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Syringes for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By IV Catheters for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Urine Catheters for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Urine Bags for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Wound Care for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Hospitals for the Period 2020-2030
• Historical Data and Forecast of Thailand Medical Consumables Market Revenues & Volume By Clinics for the Period 2020-2030
• Thailand Medical Consumables Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Thailand Medical Consumables Top Companies Market Share
• Thailand Medical Consumables Competitive Benchmarking By Technical and Operational Parameters
• Thailand Medical Consumables Company Profiles
• Thailand Medical Consumables Key Strategic Recommendations