Tailand Inbound Medical Torism Market Research Report, 2028

The Thailand Inbound Medical Tourism Market is expected to grow at more than USD 16 billion from 2023 to 2028 due to skilled healthcare professionals.

The Thailand inbound medical tourism industry stands as a dynamic pillar of the country's healthcare landscape, drawing a diverse and global influx of individuals seeking a unique fusion of medical excellence, cultural immersion, and wellness experiences. Renowned as a premier destination for medical treatments and procedures, Thailand's allure is rooted in a multifaceted synergy of advanced healthcare infrastructure, skilled medical professionals, cutting-edge technology, and a commitment to patient-centric care. The Thai government views medical travel as a key driver of economic growth. The Thai government has provided consistent and strong support for medical tourism in Thailand as it seeks to establish itself as a major Asian centre. Since 2004, they have worked with private institutions to advance Thailand's medical tourism sector as part of a long-term government aim to turn the nation into the "health tourism hub of Asia." Thailand has lately been one of Asia's top destinations for medical tourism. This nation has experienced a sharp increase in the number of medical tourists since 2000. With its cutting-edge medical facilities and skilled medical staff, patients from all over the world travel to Thailand for treatment. Thailand has become well known for its accessible and high-quality medical services. It is one of the biggest private hospitals in Asia, with more than 1000 hospitals. It also contains some of the first hospitals in Asia to be accredited by JCI and achieve ISO 9001 certification. According to the research report "Thailand Inbound Medical Tourism Market Research Report, 2028," published by Actual Market Research, the Thailand Inbound Medical Tourism Market is expected to grow at more than USD 16 billion from 2023 to 2028. Thailand has a pool of skilled and experienced medical professionals, including doctors, surgeons, dentists, and specialists, who have received international training and recognition for their expertise. Thailand's strategic location in Southeast Asia, with well-connected international airports and transportation networks, makes it easily accessible for medical tourists from various regions. Satisfied medical tourists often share their positive experiences with others, leading to word-of-mouth referrals and attracting more individuals to choose Thailand for their medical treatments. Many healthcare facilities in Thailand offer multilingual services, ensuring effective communication and understanding between medical professionals and international patients. Bangkok, Thailand's capital, has been named the "World's Best City for Medical Tourists" by the Global Destination Sustainability Index for several years, showcasing its prominence in the medical tourism landscape. Many hospitals and medical centres in Thailand are accredited by the Joint Commission International (JCI), a gold standard for quality and patient safety in healthcare. Furthermore, the Thai government actively promotes medical tourism through dedicated campaigns and initiatives, partnering with private hospitals and medical associations to enhance the industry. Some medical facilities in Thailand provide luxurious amenities and accommodations for medical tourists, offering a blend of medical care and top-tier hospitality.

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Based on the treatment segment includes the Cancer Treatment / Oncology, Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Bariatric Treatment, Orthopaedics Treatment / Spine Treatment, Fertility Treatment / IVF Treatments, Organ Transplant, Ophthalmology Treatment, Neurological Treatment, Alternative Treatment and Other. Among them, cosmetic treatment is leading Thailand's inbound medical tourism industry. Thailand is home to a large number of skilled and internationally trained cosmetic surgeons who specialise in a wide range of procedures. These surgeons have gained recognition for their expertise and are known for producing excellent results. Furthermore, Thailand offers a comprehensive range of cosmetic procedures, including breast augmentation, liposuction, facelifts, tummy tucks, rhinoplasty, and more. The availability of diverse options caters to the varied preferences and needs of patients. Technological advancements have led to the development of minimally invasive cosmetic procedures such as laser treatments, radiofrequency, and ultrasound-based therapies. These techniques offer reduced scarring, shorter recovery times, and improved patient comfort. Energy-based devices, including lasers, radiofrequency, and ultrasound, are being used for non-surgical cosmetic treatments like skin tightening, wrinkle reduction, and body contouring. Furthermore, fertility treatment is growing in Thailand's inbound medical tourism industry; Thailand has established legal regulations for surrogacy, making it a destination for individuals and couples seeking gestational surrogacy services. The clear legal framework provides a level of assurance and protection for all parties involved. Based on the service provider segment, which includes the public and private sectors, the private sector has the highest market share. Private Service providers often offer more streamlined and efficient services, including shorter waiting times for consultations, appointments, and procedures. This appeal to medical tourists who seek timely treatments and quick access to medical care. Many private service providers specialise in specific medical fields, such as cosmetic surgery, fertility treatments, and elective procedures. This specialised focus allows them to develop a high level of expertise and reputation in their respective areas. Private providers often prioritise a patient-centric approach, offering personalised treatment plans and tailored care to meet individual needs and preferences. As well, many private hospitals have dedicated international patient departments or medical tourism coordinators who assist medical tourists with travel arrangements, accommodation, language support, and other logistical needs. Best places for Medical tourism in Thailand

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Praveen Kumar

Praveen Kumar

developer

Bangkok: It is an ideal city to stay in if you are looking for the best healthcare services in Thailand. There are about 38 hospitals here, with excellent medical teams and high-end clinical tools. Moreover, they are trained to deal with international patients. Phitsanulok: This district has one of the biggest Thai hospitals, Buddhachinaraj Phitsanulok Hospital. There are multiple hotels around this hospital for your convenient stay. Hat Yai: Located in Songkhla Province, Hat Yai is another city with good medical services in Thailand. You will find some of the biggest and most prominent Thai hospitals here with world-class services.

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Praveen Kumar

Nonthaburi: This is the final city where you can expect world-class medical services in Thailand. It is the home to Nonthavej Hospital, which provides top-notch clinical services in exchange for an affordable price. Considered in this report • Geography: Thailand • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Thailand Inbound Medical Tourism market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Treatment Type • Cancer Treatment / Oncology • Cosmetic Treatment • Orthopedics Treatment / Spine Treatment • Cardiovascular Treatment • Fertility Treatment / IVF Treatments • Neurological Treatment • Organ Transplant • Bariatric Treatment • Dental Treatment • Alternative Treatment (Acupuncture, Ayurveda, Homeopathy, Naturopathy, Chinese or Oriental medicine, Chiropractic and osteopathic medicine, Massage, Body movement therapies, Tai chi, Yoga, Dietary supplements, Herbal medicine, Nutrition/diet, Electromagnetic therapy, Reiki, Qigong, Meditation, Biofeedback, Hypnosis, Art, dance, and music, Visualization and guided imagery, etc.) • Ophthalmology Treatment • Other Treatments (Dermatological treatments, ENT (Ear, Nose, and Throat) treatments, Allergy and Immunology treatments, Sleep disorder treatments, Mental health and psychological treatments, Urology, diabetology, Proctology, Vascular Surgery, etc.) By Service Providers • Private • Public The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Inbound Medical Tourism industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Thailand Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. Thailand Inbound Medical Tourism Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Treatment Type
  • 6.3. Market Size and Forecast By Service Providers
  • 7. Thailand Inbound Medical Tourism Market Segmentations
  • 7.1. Thailand Inbound Medical Tourism Market, By Treatment Type
  • 7.1.1. Thailand Inbound Medical Tourism Market Size, By Cancer Treatment / Oncology, 2017-2028
  • 7.1.2. Thailand Inbound Medical Tourism Market Size, By Cosmetic Treatment, 2017-2028
  • 7.1.3. Thailand Inbound Medical Tourism Market Size, By Orthopedics Treatment / Spine Treatment, 2017-2028
  • 7.1.4. Thailand Inbound Medical Tourism Market Size, By Cardiovascular Treatment, 2017-2028
  • 7.1.5. Thailand Inbound Medical Tourism Market Size, By Fertility Treatment / IVF Treatments, 2017-2028
  • 7.1.6. Thailand Inbound Medical Tourism Market Size, By Neurological Treatment, 2017-2028
  • 7.1.7. Thailand Inbound Medical Tourism Market Size, By Organ Transplant, 2017-2028
  • 7.1.8. Thailand Inbound Medical Tourism Market Size, By Bariatric Treatment, 2017-2028
  • 7.1.9. Thailand Inbound Medical Tourism Market Size, By Dental Treatment, 2017-2028
  • 7.1.10. Thailand Inbound Medical Tourism Market Size, By Alternative Treatment, 2017-2028
  • 7.1.11. Thailand Inbound Medical Tourism Market Size, By Ophthalmology Treatments, 2017-2028
  • 7.1.12. Thailand Inbound Medical Tourism Market Size, By Other Treatments, 2017-2028
  • 7.2. Thailand Inbound Medical Tourism Market, By Service Providers
  • 7.2.1. Thailand Inbound Medical Tourism Market Size, By Private, 2017-2028
  • 7.2.2. Thailand Inbound Medical Tourism Market Size, By Public, 2017-2028
  • 8. Thailand Inbound Medical Tourism Market Opportunity Assessment
  • 8.1. By Treatment Type, 2023 to 2028
  • 8.2. By Service Providers, 2023 to 2028
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1 : Influencing Factors for Global Inbound Medical Tourism Market, 2022
Table 2: Thailand Inbound Medical Tourism Market Size and Forecast By Treatment Type (2017, 2022 & 2028F)
Table 3: Thailand Inbound Medical Tourism Market Size and Forecast By Service Providers (2017, 2022 & 2028F)
Table 4: Thailand Inbound Medical Tourism Market Size of Cancer Treatment / Oncology (2017 to 2028) in USD Billion
Table 5: Thailand Inbound Medical Tourism Market Size of Cosmetic Treatment (2017 to 2028) in USD Billion
Table 6: Thailand Inbound Medical Tourism Market Size of Orthopedics Treatment / Spine Treatment (2017 to 2028) in USD Billion
Table 7: Thailand Inbound Medical Tourism Market Size of Cardiovascular Treatment (2017 to 2028) in USD Billion
Table 8: Thailand Inbound Medical Tourism Market Size of Fertility Treatment / IVF Treatments (2017 to 2028) in USD Billion
Table 9: Thailand Inbound Medical Tourism Market Size of Neurological Treatment (2017 to 2028) in USD Billion
Table 10: Thailand Inbound Medical Tourism Market Size of Organ Transplant (2017 to 2028) in USD Billion
Table 11: Thailand Inbound Medical Tourism Market Size of Bariatric Treatment (2017 to 2028) in USD Billion
Table 12: Thailand Inbound Medical Tourism Market Size of Dental Treatment (2017 to 2028) in USD Billion
Table 13: Thailand Inbound Medical Tourism Market Size of Alternative Treatment (2017 to 2028) in USD Billion
Table 14: Thailand Inbound Medical Tourism Market Size of Ophthalmology Treatments (2017 to 2028) in USD Billion
Table 15: Thailand Inbound Medical Tourism Market Size of Other Treatments (2017 to 2028) in USD Billion
Table 16: Thailand Inbound Medical Tourism Market Size of Private (2017 to 2028) in USD Billion
Table 17: Thailand Inbound Medical Tourism Market Size of Public (2017 to 2028) in USD Billion

List of Figures
Figure 1: Thailand Inbound Medical Tourism Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Treatment Type
Figure 3: Market Attractiveness Index, By Service Providers
Figure 4: Porter's Five Forces of Thailand Inbound Medical Tourism Market
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Tailand Inbound Medical Torism Market Research Report, 2028

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