Top Hospitals Companies in Thailand

Thailand's hospital industry has experienced remarkable growth in recent years, driven by factors such as an aging population, the rise of medical tourism, and government support. This article explores the key statistics from 2022, factors contributing to the industry's growth and success, a comparison of each industry's growth to previous years, key trends including technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
VEJTHANI HOSPITAL129 +66 85 223 8888
service@vejthani.com

Vejthani Hospital is a JCI accredited private quartenary hospital located in the Eastern Bangkok, Thailand nearby Suvarnabhumi Airport. Established in 1994, we are a leading international hospital in Thailand that caters to the holistic healthcare needs of Thais, multi-national expats and medical tourists. Cutting-edge medical technologies, internationally trained specialists, world-class health care standards and authentic Thai hospitality are our key competencies. Our deep commitment toward the mission of ensuring victory for life through health and vitality has been recognized by various accreditations, certifications and awards, and is getting only deeper. Vejthani Hospital has consistently achieved Joint Commission International (JCI) accreditation from USA since 2010, ISO 9001:2000 certification since 2003, and Thailand Hospital Accreditation (HA) since 2007. Recently, our exemplary service has been honored with the prestigious Prime Ministers Award twice - in 2011 and 2017. In …

BANGKOK HOSPITAL831 +66 2 310 3000
info@bangkokhospital.com

BANGKOK HOSPITAL STORY Bangkok Hospital was established in 1972 as one of the first private hospitals in Thailand. Over the past 40 years we have expanded our operations to become a tertiary care facility with dedicated hospitals for cancer and cardiology. At Bangkok Hospital, we offer the full complement of diagnosis, treatment, and rehabilitation services, with specialists in all major fields of healthcare, but what sets us apart from other hospitals is our dedication to specialized tertiary care. Services and treatment processes are internationally certified by the Joint Commission International, one of the largest and most respected accreditation agencies for healthcare. Thailand has long been a premier tourist destination. Its world-renowned, exotic travel destinations and unique culture has contributed to a steady increase in the number of annual visitors. At the same time, the demand for internationally accredited healthcare has also been continuously increasing. With this in m…

BDMS WELLNESS CLINIC67 +66 2 826 9999
info@bdmswellness.com

The Path from Cure to Prevention Breakthroughs in the diagnosis and treatment of infectious diseases have led to a new focus on health risks like heart disease, stroke and cancer and an emphasis on preventing age-related illnesses rather than curing them after they have occurred. BDMS Wellness Clinic is at the forefront of this new healthcare paradigm. With a strong belief that prevention is better than cure, and a dedication to total wellness, we have developed a wide range of programs specifically focused on the early detection and prevention of disease. In addition to our comprehensive screenings and disease prevention therapies, our range of specialized services extends to advanced dental care and fertility treatments. A part of the award-winning Bangkok Dusit Medical Services (BDMS) network – Thailands largest operator of private hospitals with 54 facilities in Thailand and Cambodia – BDMS Wellness Clinic quickly became Asias premier healthcare facility, with the advanced scie…

FLOYD PUBLIC COMPANY LIMITED (THAILAND)6 +66 2 191 6261
office@floyd.co.th

Floyd Public Company Limited, “the company” or “Floyd “was established as a Mechanical & Electrical Engineering Contractor company under the Limited Company Act on 28 November 1988 in the name of FLOYD Company limited and Econotech Company limited. Floyd operated the Mechanical & Electrical Engineering Contraction business by contracting from the owner, the company operated in many various types of buildings such as office buildings, commercial building, residential buildings, hospitals, shopping malls, and factories by Specialized Skills Engineers. The Track record is successfully completing more than 120 projects with over 25 years experience.

DELTA LABORATORY CO., LTD.5 +66 2 530 3804
sales@deltalab.co.th

Delta Laboratory Co., Ltd was established in 1984 by Mr.Chaiyos Hanvivatvong, Managing Director, and other 6 managerial members in order to import and distribute medical science equipments to government, hospitals, schools and etc. In the beginning, the firm started supplying products and service to clients in the area of Bangkok, capital city of Thailand, and local areas. After that, the company has launched products by representative distributors around the country. Nowadays, Delta Laboratory Co, Ltd. offers science tools and materials, medical materials and equipments, chemical products; as well as, plant pathogen diagnostics . On the 32th anniversary, Delta Laboratory Co, Ltd. promised to clients that the firm would offer quality laboratory products and service in competitive prices and overwhelming to support training and seminar to all clients as much as the firm can. Vision “To deliver HLA Transplant technologies and Medical science laboratory kits to clients by sincere serv…

SOI DOG FOUNDATION76 +66 76 681 029
rt-flightvolunteer-enquiries@soidog.org

Soi Dogs mission is To improve the welfare of dogs and cats in Asia, resulting in better lives for both the animal and human communities, to create a society without homeless animals and to ultimately end animal cruelty. Established in 2003 in Phuket, Thailand, Soi Dog is Southeast Asias largest organisation helping stray animals. The sanctuary in Phuket is currently home to over 1,800 animals. Soi Dog also has a treatment facility in Bangkok and responds to crisis situations throughout the region. The foundation operates entirely from donations. Today, Soi Dogs spay and neuter programme, CNVR (Catch, Neuter, Vaccinate, Return), is at the forefront of its operations and is aiming to reduce the number of animals born into a life of suffering and abuse or neglect, eliminate rabies and stop the spread of other infectious diseases among dogs and cats, benefitting both animal and human communities. It carries out CNVR programmes in various locations around the country and is also com…

ROYAL PHUKET MARINA54 +66 76 360 833
sales-rentals@royalphuketmarina.com

Royal Phuket Marina is an established mixed-use waterfront development located in Asias hottest resort destination, Phuket Island. Having received many international awards and accolades since opening in 2004, Royal Phuket Marina remains the only 5 Gold Anchor awarded marina in Thailand, a landmark on Phukets east coast and is Asias premier waterfront destination welcoming visitors from all around the world. The master plan for Royal Phuket Marina is ambitious. It promises to redefine Phuket as a genuinely world-class family destination with Royal Phuket Marina at its heart. Phase V, designed by world-class architect Yann A Leroy, will consist of two hotels, a state-of-the-art water park and a beach club. Royal Phuket Marinas completed phases include the world-class award-winning marina, ultra-luxury villas with private boat berths for luxury yachts at the end of their gardens, the worlds first Aquaminiums – luxury waterfront condominiums with private boat garage and berth – marina c…

BUMRUNGRAD INTERNATIONAL HOSPITAL1,423 +66 2 066 8888
info@bumrungrad.com

Bumrungrad International Hospital stands as arguably the most impressive medical facility in the region. It has 55 specialty centers, an internationally certified lab and pharmacy, clinical research centers, advanced imaging facilities, and a 24-hour emergency care unit. Bumrungrad is home to more than 1300 physicians and surgeons, 300 of whom hold US-board certifications and international fellowships. As part of its ongoing commitment to exceptional care, Bumrungrad receives ongoing independent reviews and distinctions, including its consistent accreditation by the Joint Commission International (JCI) since 2002, the first in Asia. In its state-of-the-art campus in the heart of Bangkok, Bumrungrad Hospital treats over 1.1 million patients every year, with over 520,000 of these patients coming from more than 190 countries worldwide. The hospital specializes in treating complicated conditions, and is internationally recognized as one of the top hospitals in the world. Along with its …

MEDCONSULT CLINIC24 +66 61 171 1000
customer@medconsultasia.com

Awarded Best Integrated Healthcare Clinic of the Year in the the 2022 Global Health Asia Pacific Awards . MedConsult is an international General Practice medical clinic, located in the Thonglor area of Central Bangkok. Established in 2003, we provide accessible, affordable and high-quality medical care. We have a team of medical practitioners and nurses under the direction and close supervision of Dr. Donna Robinson, MedConsults Owner and Medical Director. We are bilingual Thai/English and offer an inclusive and non-discriminatory service for all who visit us. Some of the more popular services are medical consultations, sexual health, botox and fillers, vaccinations, health check ups, prescriptions and refills. We also have an established history in providing corporate services to multinationals in the region. This includes medical advisory, first aid training and nurse sourcing, occupational health and mass/group medical services. Dr Donna has built expertise from working as a doc…

TECHNIC ELECTRICAL ENGINEERING (THAILAND) CO., LTD.8 +66 2 000 1155
contact@teethailand-bangkok.com

Technic Electrical Engineering (Thailand) Co., Ltd. is an engineering company based in Bangkok, Thailand, and is expert in Energy Efficiency solutions, Sustainability solutions, Air Purification systems, Wellbeing and Healthcare solutions for professionals and individuals. Our objectives are: 1/ To reduce our customers energy bills by offering cost-effective solutions that respect the environment. 2/ To reduce our customers carbon footprint and environmental impact by proposing sustainable solutions. 3/ To improve the air quality our customers breathe, improve their comfort & wellbeing in a healthy environment. 4/ To permanently source innovations and best available technologies & practices in the world for our customers. Technic Electrical Engineering (Thailand) Co., Ltd., supports its customers from the energy audit, through the selection of products and stakeholders, to the completion of the work. This makes it possible to have a single and independent contact with the sole aim of…

XPS CONSULTING CO., LTD.19 (blank)
info@xpsconsulting.com

XPS CONSULTING CO., LTD. An Experienced Human Capital Management Implementation Organisation. Established in Thailand in 2006, we have an extremely experienced human capital management implementation team with strong SAP SuccessFactors HXM and PeopleSoft HCM knowledge. We have implemented HCM solution for 6 of the 7 biggest banks as well as the biggest retailer and 2 biggest private hospitals in Thailand. Critical to the success of HCM implementation project will be the implementation of the system and the integration with clients people-related processes. A clear understanding of how technology can be used to enable better Human Resources management and the ‘best practice experiences of having undertaken similar engagements in the past must be brought to bear in the project to ensure an effective transformation of HR technology and processes. XPS has an unrivaled local Thai team with many years experience of both working in Human Capital Management implementation and working tog…

ITRIS MEDICAL THAILAND CO., LTD.14 +66 2 180 0606
info@itris-medical.co.th

Maintenance of medical devices and systems ITRIS Medical (Thailand) Co., Ltd. is an independent service provider and maintains entire medical systems pools in hospitals and medical practices. This includes calibration (CAL), preventive maintenance (PM) and repair for the most of medical devices and systems in accordance with the relevant laws (HA, FDA, JCI, ECRI) and manufacturer recommendations. Thanks to our vendor independence, and our high skilled engineers we are able to maintain and service all devices and systems by ourselves, which means we can offer our services at highly competitive rates. ITRIS Medical (Thailand) Co., Ltd. is a subsidiary of the ITRIS Group, which has more than 500 employees across Switzerland, Germany and Austria.

DREAM BANGKOK HOTEL16 +66 2 254 8500
info.bkk@dreamhotels.com

Ancient fantasy meets high design, Dream Bangkok is everything you could ask for. A party venue for living it up between dusk and dawn. A meeting spot for making an impression on an important business contact. A vacation hotspot steps away from the epicenter of Sukumvit, the citys pulse for fashion, business, entertainment, nightlife, international hospitals and shopping. More chic, stylish and modern than other nearby stopovers, our 194 guest rooms and suites and on-site amenities are unequaled. Order up a cocktail and chill out at the hotels year-round rooftop pool. Sample at least one of our unique flavas: Flava Restaurant – a Dali-esque hotspot for Thai-Western cuisine; Flava Bar & Lounge – a candy-striped fantasyland infused with a dash of southeast Asia; or Flava Lite – your go-to for a little pick-me-up in-between adventures. Bustling, buzzing and brilliantly colourful, Bangkok is among the worlds top international travel destinations. The city delightfully displays a mix …

BEST SERVICE ASSISTANCE GROUP LIMITED8 +66 60 003 5348
info@bestservice-group.com

8-year experience medical assistance with 5 regional offices in Thailand, Vietnam, Indonesia, Hong-Kong and Greece. Area of coverage: Thailand, Vietnam, Indonesia, Cambodia, Singapore, Malaysia, Nepal, India, Sri-Lanka, China, Hong-Kong, South Korea and Japan. Our latest update - in 2018 a regional branch was introduced in Greece; since then our regional managers assist clients in Greece, Cyprus, Bulgaria and Turkey! Contracts with hospitals on exclusive terms due to personal presence leads to competitive price-list: up to 30% less than average costs in the region. GOP placement in partner hospitals as well as instant cash settlement (our customers pay nothing for their treatment, we do it for them). Representatives on spot at key destinations manage to solve any kind of problems and cost containment. As far as office work is concerned, we are able to provide language online support (English, Russian, Thai, Chinese, Greek, German). In-house medical crew is always ready to attend urge…

SUKOSOL HEALTHCARE6 +66 2 247 0165
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For over 30 years Sukosol Healthcare has been supplying hospitals in Thailand with therapy systems vital in the fight against cancer. The Company is the exclusive distributor for radiation oncology products from leading manufacturers such as Accuray Inc., RaySearch Laboratories, Eckert & Ziegler BEBIG, Sun Nuclear Corp, Q-Fix, LAP Lasers, Scandidos, Best Theratronics and Gamma Service Recycling. Formally registered as Kamol Sukosol Electric Co., Ltd., Sukosol Healthcare is a leading player in the Thai radiation oncology market with over 25 therapy & treatment planning systems currently in-use. Over 70% of the market use our quality assurance equipment with our LAP lasers holding 100% market share of moving lasers in Thailand. The Company maintains its own team of application support specialists and factory-trained field service engineers. The team of 20 is responsible for installation, commissioning, user training and after-sales service. Sukosol Healthcare is proud to consistently m…

PARKTRON TECHNOLOGY (THAILAND)(blank) +66 2 121 4356
sales_thai@parktron.com

With 20 year experience and core technology in smart parking management and payment solution, Parktron kicks off its local operation team in Thailand since 2020, aiming not only Thailand market but SEA region as a whole, with the intention to introduce more advanced and convenient technology to life. Parktron Vision Stay innovative! Tech for life! Being the leader in self services equipment industry! Ever since its establishment in 2001, Parktron has focused on building a comprehensive & scalable Intelligent Parking Management System - IPMS2000, to work out the keep growing traffic flow and shortage of parking spaces issues in the world, by leveraging of up-to-date technology (e.g. IoT, Cloud, LPR, QRcode, Mobile payment…) and rich ICT integration experience, Parktron parking system has been successfully installed in airports, hospitals, shopping malls, hotels, complex buildings, campus parking, public parking and franchised automated (unmanned) parking lots in Middle Eas…

WELIFY13 +66 2 052 5292
support@welify.com

Welify is a well-established service and product supplier based in Bangkok with its main focus on the beauty, spa, wellness, and health industries. For over a decade, we have provided goods, equipment, education, and marketing services to the finest salons & spas, beauty clinics, wellness centers, hotels and hospitals in Southeast Asia. Thanks to our extensive experience in the region and the privilege of working with and learning from the industrys top names, our present purpose is more clear than ever: ensuring universal access to wellbeing. We fervently believe that wellness is a fundamental human right, not a privilege. Welify is presently the exclusive distributor for LPG Systems in Thailand and the Maldives. Besides that we provide training and sourcing services on demand.

NEWSPAPERDIRECT INTERNATIONAL9 +66 2 651 3632
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PressReader is the world leader in digital newspaper distribution. Founded in 1999, the company is headquartered in Vancouver, Canada and has offices in London and Düsseldorf. PressReader has agreements to receive content from over 3000 publishers - such as The Times, De Telegraaf, Daily Mail, De Telegraaf, Le Monde, The Australian, etc. - and make it available in the original design and page layout to readers globally. NewspaperDirect International Inc. holds the exclusive print distribution rights for Thailand, Philippines, Myanmar, Laos and Cambodia. Its distribution partners in Bangkok, Phuket, Koh Samui, Pattaya, Chiang Mai, Hua Hin, Krabi, Koh Lanta and Khao Lak (all Thailand), Manila, Angeles City (Philippines), Phnom Penh and Siem Reap (Cambodia) provide embassies, hotels, private & corporate subscribers, pubs and restaurants, hospitals, cruise ships, yachts, airlines, and all major retailers with international newspapers – all with same-day delivery. Internationally, Newspap…

MOR CORPORATION14 +66 2 862 3382
contact@mor.company

Mor Corporation builds software that powers the healthcare industry. Our clients include leading public and private hospitals, pharmaceutical and medical supplies manufacturers, as well as leading health foundations. Our company has three guiding principles that differentiate us from most other firms in building effective software for the healthcare sector. 1. Clinicians-focused Analysis 2. Build Comprehensive Platforms 3. Leverage Data Science & Machine Learning

CREATION CENTER CO., LTD.8 +66 2 591 1450
info@creationcenter.co.th

Founded in 1974, Creation Center is a distinguished original equipment manufacturer and global leader in water and wastewater treatment systems. We also serve as a distributor for cutting-edge engineered products. Our expert team designs, constructs, operates, and supports water treatment plants across Thailand and Southeast Asia. Our distribution division supplies state-of-the-art water treatment products for water purification and wastewater treatment processes. As an engineering-driven company, we have been dedicated to fulfilling our clients water needs for over four decades. We take pride in our extensive experience, serving a diverse range of global and regional clients across industries such as electronics manufacturing, energy, electrical power generation, food and beverage, chemicals, petrochemicals, mineral processing, pulp and paper, refineries, hotels and hospitals, pharmaceuticals, coatings, cosmetics, and more. At Creation Center, our highly skilled team manages every s…

Top Hospitals Companies in Thailand

Key Statistics from 2022: GDP and Employment

In 2022, Thailand's hospital industry contributed approximately THB 500 billion to the country's Gross Domestic Product (GDP), reflecting a growth rate of 7% compared to the previous year. This growth highlights the industry's resilience and adaptability in the face of an evolving healthcare landscape.

Employment in the hospital industry also experienced a substantial increase in 2022, with approximately 400,000 workers employed in the sector. This growth underscores the industry's role in providing stable job opportunities and contributing to the Thai economy.

Factors Contributing to Growth and Success: Government Initiatives

The Thai government has played a crucial role in promoting the growth and success of the hospital industry through various initiatives:

Investment in healthcare infrastructure:

The government has allocated significant resources to the development and modernization of healthcare facilities, including hospitals and clinics, to improve access to quality healthcare services.

Support for medical tourism:

The government has implemented policies to promote Thailand as a medical tourism destination, attracting international patients seeking high-quality and affordable healthcare services.

Universal health coverage:

The Thai government has implemented a universal health coverage program, which has increased access to healthcare services for the population and spurred demand for hospital services.

Industry Growth: Comparison to Previous Years

The hospital industry in Thailand has demonstrated consistent growth in recent years. In 2022, the industry's growth rate surpassed the average of the previous five years, which stood at 5.5% per annum. This growth can be attributed to factors such as the increased demand for healthcare services due to an aging population, the rise of medical tourism, and government support.

Key Trends: Technological Disruptions

Thailand's hospital industry has embraced several technological disruptions to drive growth, innovation, and efficiency. Some key trends include:

Telemedicine:

The adoption of telemedicine has enabled hospitals to provide remote consultations, improving access to healthcare services for patients in rural areas and reducing the need for physical visits.

Electronic health records (EHRs):

The implementation of EHRs has facilitated the seamless management of patient data, improving the overall efficiency of healthcare delivery and enhancing patient care.

Robotics and artificial intelligence (AI):

The use of robotics and AI technologies in areas such as surgery, diagnostics, and patient monitoring has improved the quality of care and reduced the risk of human error.

Challenges

Despite the industry's robust growth and success, it faces several challenges:

Capacity constraints:

The increasing demand for healthcare services has put a strain on existing hospital infrastructure, leading to capacity constraints and long waiting times for patients.

Workforce shortages:

The hospital industry faces a shortage of skilled healthcare professionals, including doctors, nurses, and allied health workers, which could hinder the industry's ability to provide high-quality care.

Healthcare financing:

The sustainability of Thailand's universal health coverage program is a critical concern, as the rising costs of healthcare services may strain the government's budget.

Future Outlook

The future outlook for Thailand's hospital industry remains promising, driven by several factors:

Continued government support:

The Thai government's commitment to investing in healthcare infrastructure and promoting medical tourism is expected to drive further growth in the hospital industry.

Aging population:

Thailand's aging population is projected to increase the demand for healthcare services, particularly for chronic and age-related conditions.

Technological advancements:

The continued adoption of advanced technologies, such as telemedicine, AI, and robotics, will improve the quality of care and drive innovation in the hospital industry.

Conclusion

Thailand's hospital industry has experienced significant growth and transformation in recent years, driven by factors such as government support, an aging population, and the rise of medical tourism. Despite the challenges it faces, the industry's future remains bright, driven by strong demand for healthcare services and the increasing importance of digital technologies in healthcare delivery.

To ensure sustained growth and competitiveness in the market, the Thai hospital industry should adopt the following strategies:

Investment in healthcare infrastructure:

Hospitals should invest in modernizing their facilities and expanding their capacity to meet the increasing demand for healthcare services.

Workforce development:

The industry should invest in the training and development of its workforce to ensure they possess the necessary skills and expertise to provide high-quality care in an increasingly complex healthcare landscape.

Collaboration with technology partners:

Hospitals should collaborate with technology partners to develop and implement cutting-edge healthcare solutions that leverage the latest advancements in AI, robotics, and telemedicine.

Strengthening public-private partnerships:

The industry should work closely with the government to develop innovative financing models and public-private partnerships that ensure the sustainability of the healthcare system and support the continued growth of the hospital industry.

By implementing these strategies, the Thai hospital industry can continue to build on its success, overcome the challenges it faces, and maintain a strong position in the market. As the industry continues to grow and evolve, it will play an increasingly significant role in driving economic development and improving the overall health and well-being of the Thai population.

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By Melissa Goh
Published on 30 May 2023