Thailand Infection Control Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Product (Disinfectants, Sterilization (Low-Temperature Sterilization, Heat Sterilization, Contract Sterilization)), By End User Industry (Healthcare, Food And Beverage, Chemical) - Forecasts From 2022 To 2027

  • Published : Aug 2022
  • Report Code : KSI061613412
  • Pages : 75

The Thailand infection control market is evaluated at US$52.886 million for the year 2020 and is projected to grow at a CAGR of 4.84% to reach a market size of US$73.614 million by the year 2027.

The fastest-growing healthcare sector in Thailand, which is projected to be one of the major economic drivers of the country, is driving the market growth in the forecast period. The growing medical tourism industry in the country is further providing an impetus for propagating the growth of the infection control market.

The growth of private hospitals supported by investments is augmenting the market demand in the forecast period. Hence, big health organizations like CDC, through their HIV programs, are providing technical assistance encouraging access to HIV prevention services, early disease diagnosis, and improving the quality of HIV care and treatment services. The prevalence of HIV/AIDS is propelling the market demand over the next five years. The prevalence of cardiovascular diseases, cancer, and incidences of road traffic injuries are further contributing to the increase in the sales of infection control products in the country.

The growing number of private hospitals in the country is providing an opportunity for the market to thrive in the forecast period.

As per the Ministry of Public Health estimates, in 2017, it was recorded that around 38,512 facilities with healthcare services were operating in the country. Maximum private hospitals account for a share of around 40% is estimated to operate in the Bangkok metropolitan area. The private hospitals in Thailand are undergoing structural changes where it is observed that large hospitals are expanding rapidly through strategic mergers and acquisitions, in addition to increasing their commercial networks in Bangkok and in other regions. The growth of the private hospitals in the country is projected to continue with increased competitiveness in the forecast period due to the entry of non-traditional players, which include huge aggregate companies. Furthermore, realizing the potential opportunities, some public companies have developed specialized services in order to match private hospital standards.

The growing medical tourism is further providing an opportunity for the market to proliferate in the forecast period and in the upcoming years.

Thailand is gaining popularity as a prime destination for cosmetic surgeries and treatment procedures. There are around 64 hospitals that have Joint Commission International, JCI accredited medical facilities, burgeoning the growth of medical tourism in the country. It has been estimated that Thailand receives more than 300,000 medical tourists every year, spending on treatments in several hospitals and clinics. The common cosmetic procedures include CoolSculpting, breast augmentation procedures, which is the most common one, the Brazilian butt lift, and labiaplasty. The Thai government is capitalizing on the development of the medical tourism industry through a number of incentives. The shift in public policy in order to create a favourable environment for medical tourists is being observed. This is done so that medical tourists are able to avail themselves of all the medical services easily. Additionally, certain initiatives, including the loosening of visa restrictions, in addition to the creation of smart visas are a part of the government’s strategic plan. To increase treatment options and attract customers from abroad, efforts are being made towards visa extensions from 30 to 90 days for Chinese citizens, and the citizens of Cambodia, Laos, Myanmar, and Vietnam, and promise quality medical facilities.

Recent development and expansions

  • In 2021, Thailand and the CDC conducted the world's first clinical trial demonstrating that PrEP can reduce HIV transmission in injecting drug users. 
  • In 2019, the CDC and Thailand collaborated to support and sustain sentinel and event-based surveillance of circulating influenza and respiratory pathogens; this work aided the Thailand National Influenza Center's growth as a regional leader.

COVID-19 impact on Thailand Infection Control Market

Thailand responds to the covid outbreak with strong leadership that responds to the best scientific evidence; a strong underlying strong public health system, the country's previous experience with other major outbreaks, and strong collaboration with the academic and private sectors. They Began entry screening early resulting in the detection of the first case outside of China. This enabled authorities to educate hospital and public health workers, as well as members of the general public, about the threat. Their Cultural norms such as non-contact greeting and mask-wearing, combined with consistent and transparent communication, increased public compliance with protective measures. 

They also implemented the WHO-recommended measures, such as establishing and maintaining an enhanced COVID-19 surveillance system to detect individual cases and small clusters. Creating a national quarantine, and providing adequate funding for medical equipment to protect health workers.

Thailand Infection Control Market Scope:

 

Report Metric Details
 Market Size Value in 2020  US$52.886 million
 Market Size Value in 2027  US$73.614 million
 Growth Rate  CAGR of 4.84% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Million
 Segments Covered  Product, And End-User Industry
 Companies Covered 3M, Schülke & Mayr GmbH, Tuttnauer, B. Braun Melsungen AG, STERIS plc
 Customization Scope  Free report customization with purchase

 

Market Segmentation:

  • By Product
    • Disinfectant
    • Sterilization
      • Low-temperaturere Sterilization
      • Heat Sterilization
      • Contract Sterilization
  • By End User Industry
    • Healthcare
    • Food and Beverage
    • Chemical

1. INTRODUCTION
1.1. Market Overview
1.2. Covid-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis

5. THAILAND INFECTION CONTROL MARKET, BY PRODUCT
5.1. Introduction
5.2. Disinfectant
5.3. Sterilization
5.3.1. Low-temperature Sterilization
5.3.2. Heat Sterilization
5.3.3. Contract Sterilization

6. THAILAND INFECTION CONTROL MARKET, BY END-USER INDUSTRY
6.1. Introduction
6.2. Healthcare
6.3. Food and Beverage
6.4. Chemical

7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix

8.  COMPANIES MENTIONED
8.1. 3M
8.2. Schülke & Mayr GmbH
8.3. Tuttnauer
8.4. B. Braun Melsungen AG
8.5. STERIS plc

3M

Schülke & Mayr GmbH

Tuttnauer

B. Braun Melsungen AG

STERIS plc