Thailand Hearing Loss Disease Treatment Market Size & Outlook
Thailand hearing loss disease treatment market, 2018-2030 (US$M)
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Thailand hearing loss disease treatment market highlights
- The Thailand hearing loss disease treatment market generated a revenue of USD 94.0 million in 2023 and is expected to reach USD 132.8 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, devices was the largest revenue generating product in 2023.
- Drugs is the most lucrative product segment registering the fastest growth during the forecast period.
Hearing loss disease treatment market data book summary
| Market revenue in 2023 | USD 94.0 million |
| Market revenue in 2030 | USD 132.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Devices |
| Fastest growing segment | Drugs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Drugs |
| Key market players worldwide | Novartis AG ADR, Frequency Therapeutics, Acousia Therapeutics, Sensorion, Pipeline Therapeutics, Audina Hearing Instruments, Astellas Pharma Inc |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.7% of the global hearing loss disease treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hearing loss disease treatment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,211.3 million by 2030.
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Hearing Loss Disease Treatment Market Scope
Hearing Loss Disease Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand hearing loss disease treatment 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 hearing loss disease treatment market will help companies and investors design strategic landscapes.
Devices was the largest segment with a revenue share of 90.11% in 2023. Horizon Databook has segmented the Thailand hearing loss disease treatment market based on devices, drugs covering the revenue growth of each sub-segment from 2018 to 2030.
Hearing loss treatment in Thailand is regulated by the Thai Food and Drug Administration (TFDA), which is responsible for ensuring safety, efficacy, and quality of medical devices and drugs in the country.
The TFDA sets standards for hearing aids, cochlear implants, and other hearing loss treatments, and monitors compliance through regular inspections and audits. To access hearing loss treatments in Thailand, patients must obtain a prescription from a licensed healthcare provider, who can recommend the appropriate treatment based on the severity of their hearing loss and other factors.
The cost of hearing loss treatments in Thailand can vary depending on the type of treatment and the provider, although the government does offer some subsidies for lowincome patients.
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Target buyers of Thailand hearing loss disease treatment market databook
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Our clientele includes a mix of hearing loss disease treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand hearing loss disease treatment market, including forecasts for subscribers. This country databook contains high-level insights into Thailand hearing loss disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand hearing loss disease treatment market report size, by product, 2018-2030 (US$M)
Thailand Hearing Loss Disease Treatment Market Share, 2023 & 2030 (US$M)
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