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Monday, April 29, 2024

Setting up a medical business in Thailand and BOI incentives

Setting up a medical business in Thailand can be attractive, given the country’s growing healthcare industry and increasing demand for quality medical services. 

Thailand’s Healthcare Landscape:

Despite Thailand already having a sizable healthcare sector, the growing aging population is set to intensify the demand for healthcare services in the foreseeable future. Like many nations, Thailand is on a path toward becoming an aging society. Compared to other ASEAN countries, Thailand boasts one of the highest percentages of citizens aged over 60 within the region. Furthermore, projections indicate that by 2045, this proportion will surpass other regions, including Europe and the United States. 

It is indisputable that Thailand’s aging society will continue to be a significant driver of domestic healthcare needs in the coming decades. 

Further, Thailand aspires to be a regional…

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