Top Medical Devices Companies in Thailand

The medical instruments and supplies industry in Thailand is an essential contributor to the country's economy, with a focus on areas such as medical devices, diagnostic equipment, and consumables. The industry's growth has contributed to Thailand's GDP and employment rates, positioning it as a key driver of the country's economic development. This article offers an in-depth analysis of the medical instruments and supplies industry's performance in 2022, its growth drivers, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
MICROFIBER INDUSTRIES19 +66 2 315 5500
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Established in 1979, Microfiber Industries became ASEANs first Glass Wool Insulation manufacturer and marketer with its first product being made for home and buildings. With our versatile approach, we have expanded our product offering from a single-type home and building insulation to currently offering over 2,000 SKU of our Glass Wool Insulation to various clients across industries including residential and commercial building, industrial manufacturing plants, auto-parts manufacturers, electrical appliances and medical equipments.

EMA GLOBAL ASSISTANCE5 +65 6570 2552
enquiry@emaglobal.com.sg

EMA Global Group company, a leading integrated assistance company in Asia. were specialists in providing world-class medical evacuation and repatriation services. We have grown our service offerings to include Medical and Travel Assistance Services. Roadside Assistance, Home Care Services, and Medical Concierge Services. Through our industry network of alliances, EMA Global is equipped to provide worldwide assistance to our clents 24/7. Working with fully accredited industry partners, our reach is global, our expertise is certified. In recognition of our focus on patient safety, EMA Global is the first assistance company accredited by Eurami for fixed wings in the whole Asia Pacific in 2015. EMA Global also has full access to a complete range of state-of-the-art mobile medical equipment, enabling the cabin of our air-ambulances to be converted into flying Incentive Care Units at short notice.

CMC BIOTECH CO., LTD. (HQ)27 +66 2 539 6903
info@cmcbiotech.co.th

Originally founded in 1963, CMC Biotech Co., Ltd. was joined on 19 December 1991. The companys core business is supplying and service for medical equipments. We are the sole distributor of Canon Medical Equipment in Thailand. Our Company believed in the experience and ability of each well trained and qualified service personnel with the objective of Service Excellence With Professionalism. Our Company Groups: - Innovex Holdings Co., Ltd. <--- #innovexholdings - CMC Biotech Co., Ltd. <--- #cmcbiotech - Thai GL Co., Ltd. <--- #thaigl - Thai Industech Co., Ltd. <--- #tind - Abex Technologies Co., Ltd. <--- #abex - Healthcare Enterprises Co., Ltd. <--- #healthcare

NK SLEEPCARE CO., LTD.5 +66 2 328 4838
service@nksleepcare.com

We are an importer and distributor of the high-quality medical equipment based in Thailand. We have been authorized to be an exclusive distributor by many leading medical suppliers around the world. Our main business is in sleep medicine as we offer home sleep testing service and sleep disorder therapy devices - CPAP machines. Another major core business is in Sleep Diagnostic and EEG Diagnostic Systems.

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…

TEQ CO LTD4 +66 2 910 9599
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Thailands Premier Healthcare and Life Sciences Expert since 1966

PRARAM9 HOSPITAL102 +66 2 202 9998
infopr9@praram9.com

Praram 9 Hospital was originally established by a group of professional and specialized physicians from all medical spheres. The hospital was constructed with the objective of providing a wide range of reliable medical services of the highest quality standards. And today, there are more than 300 professional physicians offering a comprehensive range of specialized medical practices. The hospital has installed the most modern, state-of-the-art medical equipments to provide patients with the very best medical services at all times. The hospital is already accredited with Joint Commission International (JCI),further reflecting its commitment to Ongoing improvement and putting it on par with some of the most respected facilities in the world.Since it first opened on 19 July 1992, the passing years have brought a source of pride and success for Praram 9 Hospital, primarily as its many departments have achieved distinguished international recognition, elevating its status to that of a leader…

PERMA CORPORATION6 +66 85 959 5995
sales@permacorporation.com

We are the total solution for a visionary textiles manufacturer. We provide permanent functional materials for every step of production, from fiber to yarn and to fabric, from apparel, household material to medical equipment and much more.

THONBURI BAMRUNGMUANG HOSPITAL54 +66 2 220 7999
info@thonburibamrungmuang.com

Thonburi Bamrungmuang Hospital is the flagship medical center of Thonburi Healthcare Group PLC (THG) which has been Thailands leader of Healthcare service for over 40 years. With the latest technology and advanced medical equipment, along with a team of first-rate doctors and specialists, Thonburi Bamrungmuang Hospital delivers a state-of-an-art Diagnostic Program and fully personalized treatment designed to best fit for each individuals needs.

HEALTHMEDIC GROUP2 +66 2 138 8107
info@healthmedic.co.th

Healthmedic Co., Ltd. was established in 2013 to import high-quality, world-class pharmaceuticals and medical equipment. By recruiting and selecting innovative products that are modern and meet the needs of todays healthcare professionals. Healthmedic is committed to researching and developing innovative products in Thailand. With support from relevant agencies such as the Ministry of Industry, Department of International Trade Promotion, National Science and Technology Development Agency (NSTDA), Office of Small and Medium Enterprises Promotion (OSMEP), and Chulalongkorn University to support technology and innovation in the production of products to service healthcare professionals. Healthmedic is also affiliated with the DKSH Group, a specialist in the medical warehouse management business. By helping to distribute our products to many different channels through a comprehensive distribution network, spacious and unique with various facilities, our car unit has professional managemen…

VERITRANS INTERNATIONAL CO., LTD.56 +66 38 494 547
enquiry@veritrans-log.com

Veritrans International Co., Ltd. is 100% Thai owned freight forwarding company founded in 2010 by Mr.Komkrich Jutakanon who has strong experience in logistics field worldwide. Veritrans provides total logistics solutions as well as value-added services to best suite with our customers needs. With our international system set up, well experienced staff, and worldwide partners, we ensure that our customers will be worry-free when using our services. Moreover, with our diversified business portfolio including electronics, telecommunication, medical equipment, automotive, airlines spare parts, and oil & gas Industrial, our customers will get the most efficient and cost effective shipping solution. Our Head Quarter is in Bangkok Thailand and our branches office are located in Malaysia, Maldives, and Vietnam (representative office).

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.

CMC BIOTECH CO., LTD. (HQ)31 +66 2 539 6903
info@cmcbiotech.co.th

Originally founded in 1963, CMC Biotech Co., Ltd. was joined on 19 December 1991. The companys core business is supplying and service for medical equipments. We are the sole distributor of Canon Medical Equipment in Thailand. Our Company believed in the experience and ability of each well trained and qualified service personnel with the objective of Service Excellence With Professionalism. Our Company Groups: - Innovex Holdings Co., Ltd. <--- #innovexholdings - CMC Biotech Co., Ltd. <--- #cmcbiotech - Thai GL Co., Ltd. <--- #thaigl - Thai Industech Co., Ltd. <--- #tind - Abex Technologies Co., Ltd. <--- #abex - Healthcare Enterprises Co., Ltd. <--- #healthcare

SUBCON THAILAND(blank) +66 2 036 0500
info@subconthailand.com

THE GLOBALS SOURCING EXCELLENCE SUBCON Thailand is an important international industrial part-sourcing and business-matching event and it is the only event co-organized by the Thailand Board of Investment (BOI), Informa Markets (Thailand) and the Thai Subcontracting Promotion Association. For more than 14 years, SUBCON Thailand has been at the center of purchasing and subcontracting for quality industrial parts. The event will feature industrial parts for industries such as automotive, electrics, electronics, machinery, and also future industries such as aviation, medical equipment, robotics, automation and digital. The 2021 show will be packed with activities such as industrial showcases, seminars, workshops and business matching programs. Whether you are industrial manufacturers or suppliers this is the show that you cant afford to miss. Mark your calendar now

THONGLOR PET HOSPITAL | โรงพยาบาลสัตว์ทองหล่อ107 +66 2 079 9999
info@thonglorpet.com

Thonglor Pet Hospital was first started as a small pet clinic. It was truly nurtured with love and interwoven with the inseparable bond between human and animals. Very often, our clinic needed to lengthen our service time greatly due to the death-and-life matters of our patients. Sometimes, our medical equipment was insufficient to provide the medical care to all animals. In those days, only the Small Animal Hospital of Chulalongkorn University had a full medical service and facility. But this state-run clinic still had a shortcoming in that it couldnt provide medical treatment to its patients throughout 24 hours. Yet, such problems can be fixed. Eventually the overtime animal clinics serving as the new oasis for those pet owners have sprouted in every nook and cranny of the city. With the strong aspiration to establish a full-service animal hospital that meets the international standards, the founder then recruited those like-minded people to join the team and then set up the priva…

TEQ CO LTD4 +66 2 910 9599
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Thailands Premier Healthcare and Life Sciences Expert since 1966

LA VIE DETOX AND WELLNESS CENTER3 +66 2 253 8588
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LaVie Detox and Wellness Centre is a state-of-the art, ultra-modern anti-aging and wellness center conveniently located in the heart of Bangkok, at the luxurious Gaysorn Village. LaVie provides the ultimate experience for our valued and discerning clients. Patients enjoy treatments with state-of-the art medical equipment in a luxurious environment, designed to be safe and relaxing. By incorporating an innovative and holistic approach, LaVie guides and assists patients in maximizing all areas of their health in a sustainable manner, enhancing quality and overall enjoyment of life. LaVie specializes in the prevention of age-related diseases, providing Detoxification, Cell and intravenous Vitamin therapies, in addition to Colon hydrotherapy and advanced Aesthetic treatments. Facilities include infrared sauna and ozone equipment as well as Intravenous procedures, massage, medical check-up and consultation rooms. Treatment rooms are equipped with entertainment systems, to further enhance…

KAS INTERNATIONAL COMPANY2 +66 88 654 1454
admin@kasbkk.com

KAS International focuses on IT management software and developing a platform with the usage of artificial intelligence. We also partner with a company that is developing a decentralized identity solution that is easily integrated with an existing identity platform. With modern world trading, KAS begins to source medical equipment to customers worldwide. KAS also provides cloud storage to our clients to secure the data using AI to perform data analytic simultaneously.

DOOLAE HEALTHCARE CO., LTD.3 +66 88 455 9988
sales@doolaehealthcare.com

With extensive clinical, regulatory, product development, and commercial experience, it allows us to understand and anticipate our customers needs as they transition through the current pandemic into a post Covid era where digital health technologies will shape the future of healthcare. Partnerships with our global network of innovators and manufacturers helps us source and supply a cutting edge and first in class portfolio of products. We uniquely support the full spectrum of consumer and patient health needs from prevention therapies to chronic disease management and remote monitoring.

CMC BIOTECH CO., LTD.64 +66 2 539 6903
info@cmcbiotech.co.th

CMC Biotech has an excellent reputation in the medical industry based on the delivery, service and support of Toshiba, Genoray, MenenMedical, SonoScape and WDM Medical Products. We provide world class medical imaging solutions and products to the Kingdom of Thailand with service excellence and professionalism for more than 50 years. Our vision is to become the leading total medical equipment and products supplier in South East Asia. And our mission is to serve society in partnership with the medical professional by supplying quality medical products and services with professionalism.

Top Medical Devices Companies in Thailand

Key Statistics from 2022: GDP and Employment

In 2022, the medical instruments and supplies industry contributed 1.4% to Thailand's GDP, registering a growth of 8.6% compared to the previous year. This strong performance can be attributed to factors such as increased demand for healthcare services, growth in medical tourism, and the expansion of Thailand's healthcare infrastructure.

The industry's impact on employment is also noteworthy, with over 35,000 people directly employed in various subsectors, including production, distribution, and research and development. This figure represents a 5.5% increase in employment compared to 2021, highlighting the industry's role in creating job opportunities for the Thai population.

Factors Contributing to Growth and Success: Government Initiatives

The Thai government has played a crucial role in supporting the growth of the medical instruments and supplies industry through several initiatives, including:

Investment Incentives:

The Board of Investment (BOI) offers attractive incentives to both local and foreign investors in the medical instruments and supplies sector, such as tax exemptions, import duty reductions, and simplified regulations.

Promotion of Medical Tourism:

The government has actively promoted medical tourism in Thailand, which has resulted in increased demand for medical instruments and supplies, particularly in the private healthcare sector.

Research and Development (R&D):

The Thai government has encouraged innovation through R&D support programs, public-private partnerships, and collaborations with academic institutions, resulting in the development of cutting-edge technologies and processes in the medical instruments and supplies industry.

Industry Growth and Yearly Comparison:

Thailand's medical instruments and supplies industry has experienced consistent growth across several subsectors, as evidenced by the following figures:

Medical Devices:

In 2022, the medical devices sector saw a 9% growth compared to the previous year, driven by strong demand for advanced medical equipment and the expansion of healthcare facilities in Thailand.

Diagnostic Equipment:

This subsector recorded an 8.3% growth in 2022, attributed to the increasing adoption of advanced diagnostic technologies in both public and private healthcare settings.

Consumables:

The consumables industry experienced a 7.5% growth in 2022, fueled by the growing demand for disposable medical supplies and the expansion of Thailand's healthcare sector.

Key Trends: Technological Disruptions

Technological advancements have had a profound impact on the medical instruments and supplies industry in Thailand. Some of the key trends include:

Digitalization:

The adoption of digital technologies, such as electronic medical records, telemedicine, and remote monitoring devices, has transformed the way medical instruments and supplies are used and integrated within healthcare systems.

Advanced Materials:

The industry is at the forefront of developing advanced materials, such as biocom patible polymers and nanomaterials, which offer unique properties and have a wide range of applications in medical devices and equipment.

Automation and Robotics:

The use of automation and robotics in manufacturing processes has increased production efficiency, reduced labor costs, and enabled more precise and accurate production of medical instruments and supplies.

Personalized Medicine:

The industry is increasingly focusing on the development of personalized medicine solutions, such as diagnostic devices and equipment that enable customized treatments based on individual patient needs and genetic profiles.

Challenge:

Despite the impressive growth of the medical instruments and supplies industry in Thailand, several challenges must be addressed to ensure its sustained success:

Skilled Workforce:

As the industry becomes more technologically advanced, there is a growing need for a skilled workforce capable of adapting to new technologies and processes. Thailand must invest in education and workforce development initiatives to meet this demand.

Regulatory Compliance:

Adhering to international standards and regulations is crucial for the industry's global competitiveness. The Thai government must ensure that its regulatory framework aligns with international best practices and supports industry growth.

Market Access and Distribution:

The industry must navigate the challenges of market access and distribution, particularly in rural areas where healthcare infrastructure is less developed. Expanding distribution networks and investing in rural healthcare facilities will be essential for the industry's long-term success.

Future Outlook:

The future outlook for Thailand's medical instruments and supplies industry remains positive, with several opportunities for further growth and development. These include the expansion of its export markets, investment in R&D to develop innovative solutions, and a focus on sustainability and digital transformation. By addressing the aforementioned challenges and capitalizing on emerging trends, Thailand's medical instruments and supplies industry is poised for long-term success and will continue to play a vital role in the country's economic growth.

Conclusion:

Thailand's medical instruments and supplies industry has experienced remarkable growth in recent years, driven by a combination of factors such as supportive government initiatives, a robust healthcare sector, and technological advancements. The industry has made significant contributions to the country's GDP and employment rates while undergoing significant technological disruptions. By addressing the challenges and seizing the opportunities presented by emerging trends, the medical instruments and supplies industry in Thailand is well-positioned to continue its upward trajectory and contribute to the nation's economic prosperity.

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By Melissa Goh
Published on 30 May 2023