1、 2566Krungsri ResearchSeptember 2023THAILAND INDUSTRY OUTLOOK 2023-25Medical Devices IndustrySubscribe UsAuthorAll material presented in this report,unless specifically indicated otherwise,is under copyright to Krungsri Research.None of the material,nor its content,nor any copy of it,may be altered

2、in anyway,or copied to any other party,without the prior express written permission of Krungsri Research.This document is based on public information believed to be reliable.Nevertheless,Krungsri Research would not affirm the accuracy and completeness of this information.We accept no liability whats

3、oever for any direct or consequential loss arising from any use of this document or its content.Information,opinions and estimates contained in this report are our own,which are not necessarily the opinions of Bank of Ayudhya Public Company Limited and its affiliates.It reflects a judgment at its or

4、iginal date of publication by Krungsri Research and are subject to change without notice.DisclaimerFor research subscription,Narin TunpaiboonSenior A+662 296 2543EXECUTIVE SUMMARYThai manufacturers of medical devices should enjoy solid rates of growth over the period from 2023 to 2025,with the value

5、 of goods distributed domestically and internationally forecast to expand by averages of respectively 5.5-7.0%and 6.5-7.5%annually.Markets will be lifted by a number of tailwinds,including the aging of society and the accompanying rise in rates of illness,the threat of newly emerging diseases,growth

6、 in demand for medical tourism(a market where Thailand is recognized globally for its high quality of care and low costs),and particularly in the post-Covid era,rising interest in preventative healthcare.Demand for medical devices and equipment is also strengthening on Thailands major export markets