Thailand Surgical Stapling Devices Market Size & Outlook
Thailand surgical stapling devices market, 2018-2030 (US$M)
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Thailand surgical stapling devices market highlights
- The Thailand surgical stapling devices market generated a revenue of USD 80.6 million in 2023 and is expected to reach USD 160.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Powered is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical stapling devices market data book summary
| Market revenue in 2023 | USD 80.6 million |
| Market revenue in 2030 | USD 160.3 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Powered |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powered, Manual |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, B. Braun, Intuitive Surgical Inc, 3M Co, Conmed Corp, BD, BioPro, Frankenman International |
Other key industry trends
- In terms of revenue, Thailand accounted for 1.5% of the global surgical stapling devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan surgical stapling devices 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 175.1 million by 2030.
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Surgical Stapling Devices Market Scope
Surgical Stapling Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand surgical stapling devices 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 surgical stapling devices market will help companies and investors design strategic landscapes.
Manual was the largest segment with a revenue share of 67.99% in 2023. Horizon Databook has segmented the Thailand surgical stapling devices market based on powered, manual covering the revenue growth of each sub-segment from 2018 to 2030.
The domestic consumption of medical devices is on the higher side in Thailand. This is owing to the growth of medical services. Medical devices, for example, are progressively being produced and designed in Thailand, mainly single-use devices. Other advanced medical devices, such as ophthalmic and optical devices, are imported.
This is due to a lack of supply in domestic production. Furthermore, Thailand has an ample supply of raw materials used in the production of medical devices, mainly single items such as rubber and plastic. Furthermore, some institutions and regulations, from the R&D process to intellectual protection, confirm that the producer's items can be commercialized.
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Our clientele includes a mix of surgical stapling devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand surgical stapling devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand surgical stapling devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand surgical stapling devices market size, by product, 2018-2030 (US$M)
Thailand Surgical Stapling Devices Market Outlook Share, 2023 & 2030 (US$M)
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