Thailand Healthcare Payer Services Market Size & Outlook
Thailand healthcare payer services market, 2018-2030 (US$M)
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Thailand healthcare payer services market highlights
- The Thailand healthcare payer services market generated a revenue of USD 219.0 million in 2023 and is expected to reach USD 377.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, ito services was the largest revenue generating services in 2023.
- KPO Services is the most lucrative services segment registering the fastest growth during the forecast period.
Healthcare payer services market data book summary
| Market revenue in 2023 | USD 219.0 million |
| Market revenue in 2030 | USD 377.4 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Ito services |
| Fastest growing segment | KPO Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BPO Services, ITO Services, KPO Services |
| Key market players worldwide | Cognizant Technology Solutions Corp Class A, ExlService Holdings Inc, Accenture PLC Class A, Xerox Holdings Corp, Concentrix Corp Ordinary Shares, Genpact Ltd, Wipro Ltd ADR, HCL Technologies, Hinduja Global Solutions |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.3% of the global healthcare payer services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China healthcare payer services 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 2,799.9 million by 2030.
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Healthcare Payer Services Market Scope
Healthcare Payer Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand healthcare payer services 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 healthcare payer services market will help companies and investors design strategic landscapes.
Ito services was the largest segment with a revenue share of 51.05% in 2023. Horizon Databook has segmented the Thailand healthcare payer services market based on bpo services, ito services, kpo services covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand has one of the world's premier healthcare systems, marked by its universal coverage initiative launched in 2002. This program has successfully extended health coverage to all citizens, ensuring that most of the people are covered under the universal coverage scheme.
The policy should covering a minimum of USD 1,340 in outpatient costs and USD 13,400 in inpatient expenses. Post the COVID-19 pandemic, visitors are also mandated to have health insurance covering at least USD 100,000 for COVID-related medical treatment.
Whether seeking care at a private or public hospital, individuals are required to present their passports for medical services. The presence of numerous private hospitals, especially in urban areas, is a notable feature of Thailand's healthcare landscape.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand healthcare payer services market , including forecasts for subscribers. This country databook contains high-level insights into Thailand healthcare payer services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand healthcare payer services market size, by services, 2018-2030 (US$M)
Thailand Healthcare Payer Services Market Outlook Share, 2023 & 2030 (US$M)
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