Thailand Surgical Equipment and Instruments Market (2024-2030) | Revenue, Forecast, Growth, Value, Share, Trends, Size, Companies, Industry, Analysis & Outlook

Thailand Surgical Equipment and Instruments Market Synopsis

Thailand is one of the fastest growing markets in Asia for surgical equipment and instruments. The country`s healthcare infrastructure has been improving significantly, which has resulted in increased demand for modern medical devices and supplies from both public hospitals as well as private clinics. The increasing investment in healthcare infrastructure coupled with a rise in geriatric population, high prevalence of chronic diseases, rising focus on preventive health care are expected to drive the growth of Thailand surgical instrument market over the forecast period (2020-2026). Additionally, presence of major players such as Medtronic Plc., Johnson & Johnson Services Inc., B. Braun Melsungen AG etc. have further strengthened the market potential within the country.

Market Drivers

Increasing prevalence of chronic diseases, such as cardiac and neurological disorders, is increasing the demand for advanced surgical equipment and instruments in Thailand. The government is encouraging the use of modern technology to improve healthcare facilities in the country by providing tax incentives on medical device imports. Growing awareness among clinicians about new technologies has led to increased adoption of technologically-advanced surgical equipment and instruments.

Challenges of the Market

High cost associated with advanced surgical instruments is one of the major factors restraining growth in this market. Limited access to quality healthcare services due to lack of trained personnel or inadequate infrastructure can also impede market growth.

Covid-19 Impact on the Market

The COVID-19 pandemic has had a significant impact on global economic activities, including that of Thailand Surgical Equipment & Instruments Market. Many hospitals have been forced to limit their non-essential surgeries due to fall in patient visits and shortage of intensive care beds which has decreased demand for these products significantly during this period. Additionally, delays in regulatory approvals due disruption caused by pandemic have further added woes for manufacturers operating within this space resulting into reduced sales revenues during 2020-21 compared to pre Covid levels .

Key Players of the Market

Some major players operating within Thailand Surgical Equipment & Instruments Market include Johnson & Johnson (U.S.), Olympus Corporation (Japan), Medtronic plc (Ireland), Stryker Corporation (U.S.), B Braun Melsungen AG (Germany), Ethicon US LLC(U.S.), Smith & Nephew Plc.(UK), BD Global Surgical Group(USA), Karl Storz GmbH&Co., KG(Germany) etc.

Key Highlights of the Report:

• Thailand Surgical Equipment and Instruments Market Outlook
• Market Size of Thailand Surgical Equipment and Instruments Market, 2023
• Forecast of Thailand Surgical Equipment and Instruments Market, 2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Revenues & Volume for the Period 2020-2030
• Thailand Surgical Equipment and Instruments Market Trend Evolution
• Thailand Surgical Equipment and Instruments Market Drivers and Challenges
• Thailand Surgical Equipment and Instruments Price Trends
• Thailand Surgical Equipment and Instruments Porter's Five Forces
• Thailand Surgical Equipment and Instruments Industry Life Cycle
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Product for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Surgical Sutures and Staples for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Handheld Surgical equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Electrosurgical Devices for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Category for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Reusable Surgical Equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Disposable Surgical Equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Neurosurgery for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Plastic and Reconstructive Surgeries for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Wound Closure for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Urology for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Obstetrics and Gynecology for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Microvascular Surgery for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Cardiovascular Surgery for the Period 2020-2030
• Historical Data and Forecast of Thailand Surgical Equipment and Instruments Market Revenues & Volume By Others for the Period 2020-2030
• Thailand Surgical Equipment and Instruments Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Category
• Market Opportunity Assessment By Application
• Thailand Surgical Equipment and Instruments Top Companies Market Share
• Thailand Surgical Equipment and Instruments Competitive Benchmarking By Technical and Operational Parameters
• Thailand Surgical Equipment and Instruments Company Profiles
• Thailand Surgical Equipment and Instruments Key Strategic Recommendations

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