The Thailand Telehealth Market is Projected to Grow at a CAGR of 19.3% During 2021-27
The Thailand telehealth market witnessed moderate growth during the period 2017-2020 underpinned by the booming digitalization of the country, along with rising demand for remote healthcare services and self-assessment platforms for people with minor ailments. The ease of doctor appointments and time efficiency are the major factors driving the growth of the telehealth market in Thailand. Moreover, the outbreak of the COVID-19 pandemic acted as a boon for the telehealth market owing to the social distancing norms which accelerated the use of telehealth services as the people were reluctant to visit hospitals for minor checkups due to the risk of getting exposed to the coronavirus. Moreover, the stringent lockdown imposed across the country forced the people to stay at home and step out only at the time of emergency need, which further, urged them to opt for self-monitoring devices for their routine checkups and video consultations from telehealth services for consulting doctors, leading to strong growth in market revenues during the year 2020. According to this research, the Thailand Telehealth Market is projected to grow at a CAGR of 19.3% during 2021-27F. Rising government support in the form of initiatives and programs such as Thailand National Digital Healthcare Workforce Development Initiative (WDI) which focuses on the development and demand for digital healthcare services in light of the Thailand 4.0 digitization journey along with the growing adoption of advanced digital technologies such as IoT, big data analytics and artificial intelligence, would bolster the growth of digital healthcare across the country in the forthcoming years. The growth in telehealth market of Thailand can be further attributed to the factors such as the rising prevalence of chronic diseases leading to overcrowding of hospitals, the need to reduce healthcare expenditure, increasing government support, increased internet users, combined with the rising adoption of IoT platform and artificial intelligence,
The services segment led the telehealth market revenues in 2020 on account of the increasing number of doctors and hospitals joining the telemedicine industry for providing healthcare services to the patients remotely and the increased emphasis on patient monitoring for elderly people and on covid-19 patients. This trend is anticipated to persist during the forecast period as well owing to increasing adoption of virtual consultations, time convenience, booming internet penetration and startups coming with innovative ideas for providing better services to the patients remotely.
Thailand telehealth market report comprehensively covers the market by type, components and products. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Thailand Telehealth Market Overview
- Thailand Telehealth Market Forecast
- Historical Data and Forecast of Thailand Telehealth Market Revenues for the Period 2017-2027F
- Historical Data and Forecast of Revenues, By Type for the Period 2017-2027F
- Historical Data and Forecast of Revenues, By Components for the Period of 2017-2027F
- Market Drivers
- Market Restraints
- Thailand Telehealth Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Thailand Telehealth Market Share/Ranking, By Companies
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered:
The report provides a detailed analysis of the following market segments:
By Types
- Tele Hospitals
- Tele Homes
- mHealth (Mobile Health)
By Components
- Products
- Software
- Integrated
- Standalone
- Hardware
- Medical Peripheral Devices
- Monitors
- HD
- Full HD
- 4K/8K
- Services
- Teleradiology
- Telecardiology
- Teledermatology
- Telepsychiatry
- Other Services
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Thailand Telehealth Market Overview
3.1 Thailand Telehealth Market Revenues, 2017-2027F
3.2 Thailand Telehealth Market Industry Life Cycle
3.3 Thailand Telehealth Market Porter’s Five Forces
4. Thailand Telehealth Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Thailand Telehealth Market Trends
6. Thailand Telehealth Market Overview, By Types
6.1 Thailand Telehealth Market Revenue Share, By Types, 2020 & 2027F
6.2 Thailand Telehealth Market Revenues, By Types, 2017-2027F
6.2.1 Thailand Tele hospitals Market Revenues, 2017-2027F
6.2.2 Thailand mHealth Market Revenues, 2017-2027F
6.2.3 Thailand Tele homes Market Revenues, 2017-2027F
7. Thailand Telehealth Market Overview, By Components
7.1 Thailand Telehealth Market Revenue Share, By Components, 2020 & 2027F
7.1.1 Thailand Telehealth Market Revenues, By Components, 2017-2027F
7.1.1.1 Thailand Telehealth Products Market Revenues, 2017-2027F
7.1.1.2 Thailand Telehealth Services Market Revenues, 2017-2027F
7.1.2 Thailand Telehealth Products Market Revenue Share, By Type, 2020 & 2027F
7.1.2.1 Thailand Telehealth Products Market Revenues, By Type, 2017-2027F
7.1.2.1.1 Thailand Telehealth Software Market Revenues, 2017-2027F
7.1.2.1.2 Thailand Telehealth Hardware Market Revenues, 2017-2027F
7.1.3 Thailand Telehealth Software Market Revenue Share and Revenues, By Type
7.1.3.1 Thailand Telehealth Standalone Software Market Revenues, 2017-2027F
7.1.3.2 Thailand Telehealth Integrated Software Market Revenues, 2017-2027F
7.1.4 Thailand Telehealth Hardware Market Revenue Share and Revenues, By Type
7.1.4.1 Thailand Telehealth Medical Peripheral Devices Market Revenues, 2017-2027F
7.1.4.2 Thailand Telehealth Monitors Market Revenues, 2017-2027F
7.1.4.2.1 Thailand Telehealth Monitors Market Revenue Share and Revenues, By Video System Resolution Types
7.1.4.2.1.1 Thailand Telehealth Monitors Market Revenues, By HD Resolution, 2017-2027F
7.1.4.2.1.2 Thailand Telehealth Monitors Market Revenues, By Full HD Resolution, 2017-2027F
7.1.4.2.1.3 Thailand Telehealth Monitors Market Revenues, By 4K/8K Resolution, 2017-2027F
7.1.5 Thailand Telehealth Services Market Revenue Share, By Type, 2020 & 2027F
7.1.5.1 Thailand Telehealth Services Market Revenues, By Type, 2017-2027F
7.1.5.1.1 Thailand Telehealth Services Market Revenues, By Teleradiology Service, 2017-2027F
7.1.5.1.2 Thailand Telehealth Services Market Revenues, By Telepsychiatry Service, 2017-2027F
7.1.5.1.3 Thailand Telehealth Services Market Revenues, By Teledermatology Service, 2017-2027F
7.1.5.1.4 Thailand Telehealth Services Market Revenues, By Telecardiology Service, 2017-2027F
7.1.5.1.5 Thailand Telehealth Services Market Revenues, By Other Services, 2017-2027F
8. Thailand Telehealth Market Key Performance Indicators
9. Thailand Telehealth Market Opportunity Assessment
9.1 Thailand Telehealth Market Opportunity Assessment, By Type, 2027F
9.2 Thailand Telehealth Market Opportunity Assessment, By Components, 2027F
9.3 Thailand Telehealth Products Market Opportunity Assessment, By Type, 2027F
9.4 Thailand Telehealth Services Market Opportunity Assessment, By Service Type, 2027F
10. Thailand Telehealth Market Competitive Landscape
10.1 Thailand Telehealth Market Revenue Ranking, By Companies, 2021
10.2 Thailand Telehealth Market Competitive Benchmarking
10.2.1 Thailand Telehealth Market Competitive Benchmarking, By Operating Parameters
10.2.2 Thailand Telehealth Market Competitive Benchmarking, By Technical Parameters
11. Company Profiles
11.1 Doctor Raksa Co. Ltd.
11.2 Telemedica Company Ltd.
11.3 Cisco Systems Inc.
11.4 Honeywell International Inc.
11.5 Koninklijke Philips N.V. (Royal Philips)
11.6 NTT Data Corporation
11.7 Wolters Kluwer N.V.
11.8 AMD Global Telemedicine Inc.
12. Key Strategic Recommendations
13. Disclaimer
List of Figures
1. Thailand Telehealth Market Revenues, 2017-2027F ($ Million)
2. Thailand Telehealth Market Revenue Share, By Type, 2020 & 2027F
3. Thailand Telehealth Market Revenue Share, By Components, 2020 & 2027F
4. Thailand Telehealth Products Market Revenues, 2017-2027F ($ Million)
5. Thailand Telehealth Services Market Revenues, 2017-2027F ($ Million)
6. Thailand Telehealth Products Market Revenue Share, By Type, 2020 & 2027F
7. Thailand Telehealth Software Market Revenues, 2017-2027F ($ Million)
8. Thailand Telehealth Hardware Market Revenues, 2017-2027F ($ Million)
9. Thailand Telehealth Software Market Revenue Share, By Type, 2020 & 2027F
10. Thailand Telehealth Hardware Market Revenue Share, By Type, 2020 & 2027F
11. Thailand Telehealth Monitors Market Revenue Share, By Video System Resolution Type, 2020 & 2027F
12. Thailand Telehealth Services Market Revenue Share, By Service Types, 2020 & 2027F
13. Internet Users in Thailand, FY2017-2021E (Million)
14. Migration of Thai Population to Urban Cities, FY2016-2020 (percentage)
15. Thailand Telehealth Market Opportunity Assessment, By Type, 2027F
16. Thailand Telehealth Market Opportunity Assessment, By Components, 2027F
17. Thailand Telehealth Products Market Opportunity Assessment, By Type, 2027F
18. Thailand Telehealth Services Market Opportunity Assessment, By Type, 2027F
19. Thailand Telehealth Market Revenue Share, By Companies, 2020
List of Tables
1. Thailand Telehealth Market Revenues, By Type, 2017-2027F ($ Million)
2. Thailand Telehealth Software Market Revenues, By Type, 2017-2027F ($ Million)
3. Thailand Telehealth Hardware Market Revenues, By Type, 2017-2027F ($ Million)
4. Thailand Telehealth Monitors Market Revenues, By Video System Resolution Type, 2017-2027F ($ Million)
5. Thailand Telehealth Services Market Revenues, By Service Types, 2017-2027F ($ Million)
Companies Mentioned
- AMD Global Telemedicine Inc.
- Cisco Systems Inc.
- Doctor Raksa Co. Ltd.
- Honeywell International Inc.
- Koninklijke Philips N.V. (Royal Philips)
- NTT Data Corporation
- Telemedica Company Ltd.
- Wolters Kluwer N.V.
