
Conor Stewart
Research expert covering health & pharmaceuticals in the UK & Europe
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As of August 2024, the production volume of medical devices in Thailand, excluding optical lenses and infusion or transfusion sets, amounted to around **** million pieces. In the same period, approximately **** million pieces of such medical devices were sold domestically and internationally.Â
The majority of medical devices manufactured in Thailand are basic products that do not require complex technology. Raw materials found in the domestic market, such as plastic and rubber, are the main components. As of August 2024, infusion or transfusion sets for blood work and saline solutions were the most produced medical supply in Thailand, amounting to over 100 million sets.Â
In Thailand, large-sized medical device distributors hold most of the market share based on revenue. They accounted for over ** percent of Thailand's total medical device market. Medical device distributors usually face stiff competition regarding pricing, especially when selling to hospitals. One of the leading Thai medical device distributors, Techno Medical PCL, generated almost *** million Thai baht in 2023.
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.