Thailand Medical Imaging Market Size & Outlook, 2023-2030
Thailand medical imaging market, 2018-2030 (US$M)
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Thailand medical imaging market highlights
- The Thailand medical imaging market generated a revenue of USD 566.7 million in 2023 and is expected to reach USD 827.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Computed Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2023 | USD 566.7 million |
| Market revenue in 2030 | USD 827.4 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.4% of the global medical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,401.9 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand medical imaging 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 medical imaging market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 32.63% in 2023. Horizon Databook has segmented the Thailand medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Government support for the life sciences sector in Thailand often involves funding initiatives, grants, and collaborations with academic and research institutions. These efforts aim to promote scientific advancements and technological innovation.
The domestic consumption of medical devices is higher in Thailand. This is due to the growth of medical services. Medical devices, for example, are increasingly being designed and produced in Thailand, especially single-use devices.
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Target buyers of Thailand medical imaging market databook
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Our clientele includes a mix of medical imaging 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 medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Thailand medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand medical imaging market size, by technology, 2018-2030 (US$M)
Thailand Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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