Thailand Molecular Diagnostics Market Size & Outlook
Thailand molecular diagnostics market, 2018-2030 (US$M)
Related Markets
Thailand molecular diagnostics market highlights
- The Thailand molecular diagnostics market generated a revenue of USD 174.8 million in 2023 and is expected to reach USD 91.7 million by 2030.
- The Thailand market is expected to grow at a CAGR of -8.8% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use segment registering the fastest growth during the forecast period.
Molecular diagnostics market data book summary
| Market revenue in 2023 | USD 174.8 million |
| Market revenue in 2030 | USD 91.7 million |
| Growth rate | -8.8% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care |
| Key market players worldwide | Becton Dickinson & Co, BioMerieux SA, Bio-Rad Laboratories Inc, Abbott Laboratories, Agilent Technologies Inc, Danaher Corp, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Roche Holding AG, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.4% of the global molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China molecular diagnostics 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 1,256.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand molecular diagnostics 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 molecular diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 47.48% in 2023. Horizon Databook has segmented the Thailand molecular diagnostics market based on hospitals, outpatient facilities, home care covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing government initiatives to cover the cost of diagnosing and treating diseases such as cancer are expected to encourage low-income groups to seek help, improving the demand for molecular diagnostics. In May 2023, Tianlong collaborated with public hospitals in northern Thailand to improve hepatitis C and hepatitis B viral detection methods as well as early diagnosis & treatment.
The early diagnosis and effective treatment by Tianlong's HCV and HBV detection solution can aid in curbing the spread of the disease. Thailand's state hospitals have successfully implemented Tianlong's HCV & HBV detection system, and more regional hospitals are expected to do the same. In addition, in January 2023, Thailand Food and Drug Administration ("Thai FDA") approved Genetic Analysis AS for the GA-map Dysbiosis Test in Thailand.
Genetic Analysis can now offer its gut microbiome testing platform to the Thai market to meet the increasing interest and advance the awareness of dysbiosis. Furthermore, Thailand has a rapidly aging population, and as per the Economic Research Institute for ASEAN and East Asia (ERIA) in 2021, the country's aging population is growing.
Reasons to subscribe to Thailand molecular diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Thailand molecular diagnostics market databook
-
Our clientele includes a mix of molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Thailand molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Thailand molecular diagnostics market size, by end use, 2018-2030 (US$M)
Thailand Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
