Thailand Ethylene Glycol Market (2020-2026) | Demand, Analysis, Outlook, Growth, Size, Share, Forecast & COVID-19 IMPACT

Thailand telehealth market report comprehensively covers the market by type, components, and products. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Telehealth market Synopsis

Thailand telehealth market witnessed moderate growth during the period 2017-2020 underpinned by the booming digitalization of the country, along with rising demand for remote healthcare services and self-assessment platforms for people with minor ailments. The ease of doctor appointments and time efficiency are the major factors driving the growth of the telehealth market in Thailand. Moreover, the outbreak of the COVID-19 pandemic acted as a boon for the telehealth market owing to the social distancing norms which accelerated the use of telehealth services as people were reluctant to visit hospitals for minor check-ups due to the risk of getting exposed to the coronavirus. Moreover, the stringent lockdown imposed across the country forced the people to stay at home and step out only at the time of emergency need, which further, urged them to opt for self-monitoring devices for their routine check-ups and video consultations from telehealth services for consulting doctors, leading to strong growth in market revenues during the year 2020.

According to 6Wresearch, the Thailand Telehealth Market size is projected to grow at a CAGR of 10.1% during 2021-2027F. The lack of proper health care facilities especially in rural areas is driving the Thailand Telehealth Market Growth. Increasing penetration towards the usage of the internet coupled with increasing awareness regarding health and fitness is accelerating the development of the market. Moreover, increasing innovation in order to provide quality treatment through cloud-based technology is proliferating the Thailand Telehealth Market Share.

Rising government support in the form of initiatives and programs such as Thailand National Digital Healthcare Workforce Development Initiative (WDI) which focuses on the development and demand for digital healthcare services in light of the Thailand 4.0 digitization journey along with the growing adoption of advanced digital technologies such as IoT, big data analytics and artificial intelligence, would bolster the growth of digital healthcare across the country in the forthcoming years. The growth in the telehealth market of Thailand can be further attributed to the factors such as the rising prevalence of chronic diseases leading to overcrowding of hospitals, the need to reduce healthcare expenditure, increasing government support, increased internet users, combined with the rising adoption of IoT platform and artificial intelligence,

Market Analysis by components

The services segment led the telehealth market revenues on account of the increasing number of doctors and hospitals joining the telemedicine industry for providing healthcare services to patients remotely and the increased emphasis on patient monitoring for elderly people and on covid-19 patients. This trend is anticipated to persist during the forecast period as well owing to increasing adoption of virtual consultations, time convenience, booming internet penetration, and startups coming up with innovative ideas for providing better services to patients remotely.

Key Highlights of The Reports:

• Thailand Ethylene Glycol Market Overview
• Thailand Ethylene Glycol Market Outlook
• Thailand Ethylene Glycol Market Forecast
• Historical Data of Thailand Ethylene Glycol Market Revenues and Volume for the Period 2016-2019
• Thailand Ethylene Glycol Market Size & Ethylene Glycol Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Thailand Ethylene Glycol Market Revenues and Volume, By Product Types, for the Period 2016-2019
• Market Size & Forecast of Thailand Ethylene Glycol Market Revenues and Volume, By Product Types, Until 2026
• Historical Data of Thailand Ethylene Glycol Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Thailand Ethylene Glycol Market Revenues and Volume, By Applications, Until 2026
• Market Drivers and Restraints
• Thailand Ethylene Glycol Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Thailand Ethylene Glycol Market Share, By Players
• Thailand Ethylene Glycol Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

The Thailand Ethylene Glycol Market report provides a detailed analysis of the following market segments:

By Product Types

• Monoethylene Glycol
• Diethylene Glycol
• Triethylene glycol

By Applications

• Automotive Industry
• Textile Industry
• Paint Industry
• PET Industry
• Others (Paper & Pulp, Food & Beverages, Optic Fibres, etc.)

Thailand Ethylene Glycol Market: FAQs