According to SCB EIC estimates, the Thai medical tourism market in 2023 is likely to recover to a higher level than in 2019 and will be valued at 2 billion baht.

The future growth of the Thai medical tourism market is fueled by a number of health megatrends. These include the entrance of the silver economy in 2021, which is driving demand for medical care and innovation in anti-aging technology.

Chronic non-communicable diseases (NCDs) on the rise

Additionally, the growing middle class and increased purchasing power around the world are creating a demand for high-quality, comfortable medical services. The prevalence of chronic non-communicable diseases (NCDs), such as diabetes, cancer, and heart disease, is also on the rise globally due to lifestyle habits such as poor diet and excessive alcohol consumption.

Higher medical and healthcare costs

This has resulted in higher medical and healthcare costs. Furthermore, the COVID-19 crisis has led to a shift in consumer behavior towards greater health consciousness, with a greater emphasis on preventive medicine, physical examination, and physiotherapy services.

Thai medical tourism strengths

The Thai medical tourism market boasts several strengths that continue to attract medical tourists to the country. These include affordable medical expenses, high-quality staff and medical facilities, and Thailand’s status as a popular tourist destination.

Firstly, medical expenses in Thailand are competitive compared to other countries in the region, especially in fields such as cosmetic surgery and hysterectomy. This affordability makes medical treatment in Thailand an attractive option for many medical tourists.

Secondly, Thai healthcare professionals have a high level of expertise in a variety of fields, offering unique services that meet the needs of patients. Additionally, Thailand has the most JCI-certified international healthcare facilities in the ASEAN region, with a total of 59 locations. This certification is an important factor in attracting medical tourists who prioritize the quality of medical facilities and staff.

Finally, Thailand’s status as a popular tourist destination also attracts medical tourists who wish to extend their stay and enjoy the country’s attractions while receiving medical treatment.

Source : In focus / อัปเกรดการท่องเที่ยวเชิงการแพทย์ไทย สู่ศูนย์กลางการท่องเที่ยวเชิงการแพทย์โลก (Medical tourism) | SCBEIC

About the author

Bangkok Correspondent at Siam News Network

Bangkok Correspondent for Siam News Network. Editor at Thailand Business News

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Thailand Spent $12.6 Billion to Handle COVID-19 Pandemic

From 2020 to 2022, the government covered the cost of treatment and vaccinations for all citizens, with the majority of the funding coming from the annual budget.

Songkran prospects might be dampened by Thailand’s air quality

The COVID-19 pandemic has prevented Thailand from celebrating its famous New Year celebrations for the past three years and expectations are running high among businesses.

Is Thailand ready for a Covid sequel?

Three Omicron subvariants are behind the current waves of COVID-19 in China and Southeast Asia, which may cause severe symptoms even among vaccinated people who have not had a booster shot.