Thailand Mhealth Market Size & Outlook, 2023-2030
Thailand mhealth market, 2018-2030 (US$M)
Related Markets
Thailand mhealth market highlights
- The Thailand mhealth market generated a revenue of USD 401.6 million in 2023 and is expected to reach USD 1,264.9 million by 2030.
- The Thailand market is expected to grow at a CAGR of 17.8% from 2024 to 2030.
- In terms of segment, mhealth apps was the largest revenue generating component in 2023.
- MHealth Apps is the most lucrative component segment registering the fastest growth during the forecast period.
Mhealth market data book summary
| Market revenue in 2023 | USD 401.6 million |
| Market revenue in 2030 | USD 1,264.9 million |
| Growth rate | 17.8% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth apps |
| Fastest growing segment | MHealth Apps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearables & Connected Medical Devices, MHealth Apps, Services |
| Key market players worldwide | Apple Inc, AT&T, Airstrip Technologies, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, Alphabet Inc Class A, Telefonica SA, SoftServe, Samsung Electronics Co Ltd, Orange SA |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.6% of the global mhealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mhealth market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,133.2 million by 2030.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand mhealth 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 mhealth market will help companies and investors design strategic landscapes.
Mhealth apps was the largest segment with a revenue share of 44.75% in 2023. Horizon Databook has segmented the Thailand mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
A large portion of the population owning smartphones and having access to mobile internet, are driving the mHealth solutions. Furthermore, the growing awareness and demand for convenient healthcare solutions among Thai consumers contribute to the expansion of the mHealth market.
Additionally, the presence of a thriving startup ecosystem and increasing investments in digital health startups in Thailand contribute to the growth of the mHealth market. In June 2023, NEC Thailand announced to build a digital health platform for supporting elderly and patient care.
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Target buyers of Thailand mhealth market databook
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Our clientele includes a mix of mhealth market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand mhealth market , including forecasts for subscribers. This country databook contains high-level insights into Thailand mhealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand mhealth market size, by component, 2018-2030 (US$M)
Thailand Mhealth Market Outlook Share, 2023 & 2030 (US$M)
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