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Saturday, May 4, 2024

Healthcare in Thailand – Where’s the potential?

Predictions are hard, especially about the future. One year ago, nobody would have believed it would be facemasks that would get us through the current pandemic. But we still need vaccines and technology solutions for a permanent fix.

What’s on the horizon in general for healthcare? Three forces are occurring simultaneously:

  • Ageing demographics
  • Sophistication of medical tools and treatment
  • Digital technologies and artificial intelligence (AI)

What’s realistic for Thailand?

Thailand’s ‘Great Leap’ Opportunity

The ageing population points to a growing domestic market that will need more medical and healthcare treatment. Elderly folks are most at risk for disease and disability. The proportion of older persons will increase from 16.9% in 2016 to nearly 30% by 2050.  

In addition to the domestic demand for medical services,…

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