Healthcare & Life Sciences

Thai healthcare couples a large domestic service network with one of Asia's largest medical-tourism destinations. The industry covers private and public hospitals, medical devices, pharmaceuticals, wellness, and the newer layers of telemedicine, elder care, and health-tech. Ageing demographics and foreign patient flows shape most of the growth story.

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320

Sectors in this industry

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Medical Devices

Live

~THB 150B platform; Sri Trang Gloves (STGT) anchors domestic consumables; MNC subsidiaries (Siemens Healthineers, GE, Philips, Medtronic, Abbott, J&J, Olympus) lead equipment

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Pharmaceuticals

Live

~THB 280B market; GPO state, MEGA, TNP, Siam Pharma, MNC originator subsidiaries (GSK / Pfizer / Novartis / Roche)

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Beauty OEM & ODM

Live

ASEAN's #1 cosmetic contract manufacturing hub; ~USD 6-7B industry serving global MNCs (Estée Lauder, Shiseido, L'Oréal, Unilever, P&G), K-beauty, J-beauty; listed Do Day Dream (DDD), ICC, APCS, private S&J, Srithai, Boutiq; BOI, TCMA, FDA cosmetic, PIF; rising halal manufacturing

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Hospitals & Medical Tourism

Live

~USD 8.6B medical-tourism 2025 (~580K international patients); BDMS, Bumrungrad, BCH listed network; Qatar/Cambodia/UAE corridor

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104

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Wellness & Spa Industry

Live

~THB 92B wellness, spa; top-10 globally per GWI; traditional, luxury destinations (Chiva-Som, Kamalaya, Six Senses), medical wellness (BDMS VitalLife, RAKxa)

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