5 facts why the medical sector in Thailand is attractive

π5 facts highlighting the reasons why the medical sector in Thailand is an attractive destination for foreign investments:
π1. Growing Healthcare Sector: Thailand’s healthcare sector has been growing steadily, with healthcare spending expected to reach $24.6 billion in 2023, accounting for 4.8% of the GDP. The government has been focusing on establishing Thailand as the medical hub of Asia, with large-scale development of hospitals and other healthcare facilities.
π2. Medical Tourism: In 2019, Thailand welcomed 3.5 million medical travelers, generating a revenue of $820 million. The country is home to 62 Joint Commission International (JCI)-accredited hospitals, the fourth largest number globally. The government aims to further boost medical tourism through various initiatives, including easing visa restrictions.
π3. Advanced Healthcare Technologies: Leading medical schools and private hospitals in Thailand are increasingly adopting next-generation sequencing (NGS) technology, which plays a vital role in disease diagnosis and the development of therapeutic and preventive strategies. The government initiated the Genomics Thailand Initiative, a $150 million project to sequence the genomes of 50,000 Thai individuals and build infrastructure to harness genomic information.
π4. High-Quality Healthcare Facilities: Thailand has a robust healthcare system with a large number of state-funded and private healthcare facilities offering a range of services. The private sector is witnessing growth with new players, including large conglomerate companies, investing heavily in healthcare, particularly in the Bangkok Metropolitan Region.
π5. Government Support and Policies: The Thai government has been encouraging growth in the healthcare sector through various incentives and strategic plans, including the creation of smart visas to facilitate medical tourism. The government’s efforts to provide universal healthcare have led to a sharp increase in patient numbers at local hospitals, benefiting both public and private healthcare establishments.
Given these advantages, here is a Facebook post to attract foreign companies in the medical sector to invest in Thailand:
π Explore the Blossoming Opportunities in Thailand’s Medical Sector! π
Hello from the vibrant heart of Southeast Asia, Thailand! πΉπ
Are you in the medical sector looking for a land ripe with opportunities and a booming healthcare industry? Thailand beckons with open arms, offering a fertile ground for growth and innovation!
π Why Thailand?
- Booming Healthcare Sector: Be part of a sector projected to reach a staggering $24.6 billion in healthcare spending by 2023!
- Medical Tourism Hub: Step into a country renowned for its medical tourism, with 62 JCI-accredited hospitals and a government eager to foster growth in this sector!
- Technological Advancements: Join the revolution as Thailand embraces next-generation technologies, paving the way for groundbreaking developments in healthcare!
- Government Support: Benefit from a government that supports and nurtures growth in the healthcare sector with favorable policies and initiatives!
Become a part of Thailand’s journey as it strides towards becoming the medical hub of Asia, offering advanced healthcare services and fostering innovations in medical technology!
π Join us in shaping a healthier future in Thailand!
π www.merc-corp.com