Thailand First Aid Market Size & Outlook, 2023-2030
Thailand first aid market, 2018-2030 (US$M)
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Thailand first aid market highlights
- The Thailand first aid market generated a revenue of USD 33.9 million in 2023 and is expected to reach USD 46.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
First aid market data book summary
| Market revenue in 2023 | USD 33.9 million |
| Market revenue in 2030 | USD 46.1 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.7% of the global first aid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India first aid market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 205.2 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand first aid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 27.43% in 2023. Horizon Databook has segmented the Thailand first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
The rising incidence of diabetes and injuries are major factors driving the market. The government is highlighting the importance of first aid in public spaces, including teaching institutions, temples, and offices. For instance, in February 2023, The Ministry of Public Health and the Praboromarajchanok Institute initiated a scheme that provides first aid training to monks in the country.
Furthermore, the rising prevalence of diabetes is further expected to boost market growth. For instance, as per the International Diabetes Federation, in 2021, the country’s prevalence of diabetes in adults was around 9.7%. Therefore, the rising prevalence of diabetes, and subsequently diabetic foot ulcers, as well as increasing cases of sports injuries are anticipated to drive the market over the forecast period.
According to an article published by the National Library of Medicine, Thailand observes an average of 6,450 OHCA cases per year, indicating the urgent need for accessible AEDs in the country. The bystander CPR rate is 15.8%, while the bystander defibrillation rate is only 0.3%. Moreover, the survival rate is 4.2%. The low defibrillation rate highlights the limited accessibility of AEDs in public areas in Thailand.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand first aid market , including forecasts for subscribers. This country databook contains high-level insights into Thailand first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand first aid market size, by type, 2018-2030 (US$M)
Thailand First Aid Market Outlook Share, 2023 & 2030 (US$M)
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