Product Code: ETC019545 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
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 (2025-2031). 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.
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.
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.
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 2024-21 compared to pre Covid levels .
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.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Surgical Equipment and Instruments Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Surgical Equipment and Instruments Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Surgical Equipment and Instruments Market - Industry Life Cycle |
3.4 Thailand Surgical Equipment and Instruments Market - Porter's Five Forces |
3.5 Thailand Surgical Equipment and Instruments Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Surgical Equipment and Instruments Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Thailand Surgical Equipment and Instruments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Surgical Equipment and Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Surgical Equipment and Instruments Market Trends |
6 Thailand Surgical Equipment and Instruments Market, By Types |
6.1 Thailand Surgical Equipment and Instruments Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Surgical Sutures and Staples, 2021-2031F |
6.1.4 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Handheld Surgical equipment, 2021-2031F |
6.1.5 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Electrosurgical Devices, 2021-2031F |
6.2 Thailand Surgical Equipment and Instruments Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Reusable Surgical Equipment, 2021-2031F |
6.2.3 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Disposable Surgical Equipment, 2021-2031F |
6.3 Thailand Surgical Equipment and Instruments Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Neurosurgery, 2021-2031F |
6.3.3 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Plastic and Reconstructive Surgeries, 2021-2031F |
6.3.4 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Wound Closure, 2021-2031F |
6.3.5 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Urology, 2021-2031F |
6.3.6 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Obstetrics and Gynecology, 2021-2031F |
6.3.7 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Microvascular Surgery, 2021-2031F |
6.3.8 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Thailand Surgical Equipment and Instruments Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Surgical Equipment and Instruments Market Import-Export Trade Statistics |
7.1 Thailand Surgical Equipment and Instruments Market Export to Major Countries |
7.2 Thailand Surgical Equipment and Instruments Market Imports from Major Countries |
8 Thailand Surgical Equipment and Instruments Market Key Performance Indicators |
9 Thailand Surgical Equipment and Instruments Market - Opportunity Assessment |
9.1 Thailand Surgical Equipment and Instruments Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Surgical Equipment and Instruments Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Thailand Surgical Equipment and Instruments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Surgical Equipment and Instruments Market - Competitive Landscape |
10.1 Thailand Surgical Equipment and Instruments Market Revenue Share, By Companies, 2024 |
10.2 Thailand Surgical Equipment and Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |