Top Pharmacy Companies in Thailand

The pharmacy industry in Thailand has experienced significant growth in recent years, driven by a combination of demographic, economic, and technological factors. This article examines the key statistics from 2022, including GDP and employment contributions, factors contributing to the industry's growth and success, industry performance, and key trends, such as technological disruptions. We also discuss the challenges faced by the industry and its future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
LAB PHARMACY15 (blank)
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LAB Pharmacy sells prescription drugs along with a vast variety of general health and beauty merchandise such as over-the-counter drugs, dermo cosmetic, natural produced and organic products. We operate through our 25 retail stores in prime location around Bangkok and online through www.lablivehealthy.com.

ARINCARE CO.,LTD16 +66 64 226 6888
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Founded in 2016, Arincare is currently the largest virtual pharmacy chain in Thailand with more than 1,500 pharmacies and more than3,000 pharmacists on our platform. Apart from providing SaaS software for pharmacy, we operates B2B marketplace for pharmaceutical products and medicine electronic prescription (e-prescription) services in Thailand. We exist to make healthcare more affordable and accessible for all. Everyday our team and our partners work together relentlessly to connect healthcare providers together, improve pharmaceutical supply chain, and empower pharmacists to provide better patient care by bringing technological innovation to Healthcare.

MEDIS CORPORATION2 +66 2 001 0841
contact@mediscorp.com

MEDIS provides a 24/7 medicine dispenser platform through vending machines which equipped with innovative technology

CM MEDICLINIC3 +66 80 536 2362
info@cmmediclinic.com

CM Mediclinic is a Chiang Mai medical doctors practice providing International health services that go above and beyond the standard realm of healthcare in Thailand. Quite simply, your health is our priority. Our International medical clinic in the heart of Chiang Mai has had the opportunity to treat and saves lives of many expats, travellers and Thai citizens. It has always been our great pleasure to provide quality health care services within our community. Our appointment & walk-in medical clinic close to Chiang Mais city centre offers a comprehensive range of International medical services and solutions. Our expertise in internal medicine provides complete professional medical care with up to date resolutions for a wide range of illnesses, diseases and infections. Where your health is our priority, we at CM Mediclinic welcome you into our family of care that is both cost effective and care effective and quite simply first class, with the best solutions in getting you back to top he…

GMS THAILAND(blank) +66 2 530 7455
info.ph@globalmedicalsolutions.com

GMS Thailand provides unit-dose radiopharmacy services, non-invasive cancer treatments, radiology equipment, radiation safety and PET imaging products to the Thailand, Myanmar and Vietnam markets.

BOOTS RETAIL THAILAND476 (blank)
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Boots Retail (Thailand) Limited is a leading pharmacy-led health and beauty retailer in Thailand, part of the Retail Pharmacy International Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise. Our customers are at the heart of our business. Were committed to providing exceptional customer and patient care, be the first choice for pharmacy and healthcare, offer innovative products only at Boots Retail (Thailand) Limited, with great value our customers love. Our team members make that purpose come to life in our more than 260 stores in Thailand, from local community pharmacies to large destination health and beauty stores. We aim to always be the employer of choice, attracting and retaining the most talented and passionate people.

MAHAMOR - มหาหมอ(blank) (blank)
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Mahamor is a healthcare technology company backed by one of Thailands largest hospital chains and a leading technology company. We aim to be revolutionize Thailands healthcare system with cutting edge technologies. We are planning to launch Thailands first AI-powered Healthcare application that closes gaps in healthcare access without compromising service quality, leveraging a proven, accurate AI Technology. Our current services include: AI-powered preliminary diagnostic, AI-powered triage, best-in-class Telemedicine service, pharmacy delivery, and AI-powered post-visit monitoring.

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 …

MANDARA SERVICED RESIDENCE SERVICES1 (blank)
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You want to spend the winter under the tropical sun, live your retirement peacefully while benefiting from the excellence of the services of a qualified and dedicated team, come and join us at Mandara Residence. The MANDARA Residence was inspired by the relaxed way of life that characterizes the south of France and the countryside of Switzerland. A mix of styles for all those who wish to enjoy the calm of an environment adapted to their needs and let themselves live by taking advantage of personalized services. Well-being and independence are the key words. A varied choice of 18 individual villas and 40 apartments including 24 studios, 8 T2 and 8 T3, to relax in a peaceful, warm and comfortable environment with all the security and assistance necessary for your well-being. Mandara, is a small village in its own right with its medical practice and its incorporated pharmacy open 24 hours a day, the referring doctor ensuring a presence 5 days a week. You will also find a beauty salon a…

H.E.A.T ANTI-AGING3 +66 61 401 0345
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Anti-aging is a preventive healthcare model that can prolong the healthy life span in humans. Despite the belief of many physicians that there is little we can do to intervene in the process of aging, new scientific data have shown otherwise. Around the world, people are seeking medical guidance for ways to stay healthy, active, and vital well into their older years. As a result, the principles of the Anti-aging Medicine are gaining rapid and widespread acceptance as a framework for lifelong habits for healthy living. One of our missions is to make H.E.A.T. Anti-aging the place where everyone has access to solid medical knowledge, a space to share ones experience and to belong to a new kind of community that empowers everyone to become a doctor; the best doctor for oneself! H.E.A.T. also contributes to the Anti-aging society an extensive range of academic education at the highest international levels, to facilitate the learning process, both cognitive and skills, to all Anti-aging p…

ROMYEN SENIOR CARE(blank) (blank)
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Romyen offers a variety of services for seniors such as home health care and the continuing care retirement community in Bangkok, Thailand. We are dedicated to providing the highest quality of services. We pride ourselves on our excellent and trustworthy staff as our personnel have passed a thorough background check, the practical skills examination, and trainings. Our goal is to provide the best possible experience for older ones and their families. ร่มเย็น ซีเนียร์ แคร์ บริการจัดส่งคนดูแลผู้สูงอายุถึงบ้าน ดำเนินการโดยทีมแพทย์ พยาบาล และเภสัชกร ที่มีใจรักในการดูแลผู้สูงอายุ และมากด้วยประสบการณ์ในการดูแลผู้สูงอายุและผู้ป่วย เราพิถีพิถันในการคัดเลือกพนักงาน ตั้งแต่การสัมภาษณ์ ทดสอบทัศนคติ และทักษะในการดูแล เรามีการอบรมฝึกทักษะพนักงานเพื่อให้ได้มาตรฐานทางการพยาบาล และตรวจสอบประวัติอาชญากรรมของพนักงาน ก่อนส่งถึงบ้านท่าน นอกเหนือไปจากการจัดส่งคนดูแลผู้สูงอายุ ทีมพยาบาลจะเข้าเยี่ยมบ้านเพื่อทำการประเมินเบื้องต้น วางแผนการดูแล และให้คำแนะนำ พร้อมทั้งมีการติดตามควบคุมการดูแลให้ได้มาตรฐานตลอดก…

BUAKHAO HERB CO. LTD(blank) (blank)
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For over 6 years our factory is producing Thai Herbal Medicines and Cosmetics. At first for the Tourist industry, then for the Thai national market and now also addressing international markets for few years. Our expertise in Thai Traditional Medicine allow us to propose a wide & balanced range of herbal products, from oils, balms, inhalers, to creams, gels and cosmetics. Our factory is GMP certified, guarantying the respect of international standards for your orders production. We produce only quality herbal products formulated to provide a rarely equaled value for money. You will thus get a great flexibility to access a wide range of markets with comfortable margins. Our products are high quality, safes and very effectives. We meticulously select the herbs, plants, woods, crystals, oils, extracts, we use to guaranty a remarkable customer experience. We propose OEM solutions for most of our products. If you want to create your own brands come to talk to us, we have some of the lowest …

NICHADA THANI25 +66 2 001 0202
sales@nichada.com

Nichada Thani, inaugurated in 1989, is an exclusive multi-project, luxury community set on the outskirts of Bangkok and the countrys first comprehensively planned residential complex offering the ultimate genuine Western lifestyle. Nichada Thani is comprised of 50 sub-communities, and there is something for most expatriates and locals alike, from palatial Mediterranean-style villas with pools, to spacious condominiums and split-level townhouses that share resort-quality facilities. With over a thousand housing units and a magnificent 125-rai living lake, the compound is a joy to behold with beautiful gardens and groves lining the lanes that connect homes with facilities and the three main entrances. For the convenience of our residents, retail and service providers located within Nichada Thani include two branches of Nichada Fitness & Recreation gymnasiums, an Olympic and half Olympic size pools, tennis courts and squash court, 2-international schools, 2-restaurants including our…

BIG C SUPERCENTER PUBLIC COMPANY LIMITED1,382 (blank)
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Big C Supercenter Public Company Limited is one of the leading retailers in Thailand and Southeast Asia. As a subsidiary of Berli Jucker Public Co. Ltd., one of the top 20 stock-listed Thai companies by Market Cap, we operate hypermarkets, supermarkets and convenience stores in Thailand and closely support our sister companies BsMart in Vietnam and M-Point Mart in Laos. Big C is a true multi-format retailer: Our “Big C Supercenter” (hypermarket) and “Big C Market” (supermarket) stores offer fresh and dry food, clothing and accessories, electric appliances, and home decor and accessories; Mini Big C convenience stores provide convenience and grocery items for daily use; our Pure Pharmacy stores offer health, beauty, pharmaceutical and well-being products. Moreover, our customers can order directly on Big C Shopping Online www.bigc.co.th, we deliver all our products in 2 hours (in BKK / include fresh food) and we deliver next day or they can pick up in our stores upcountry. Our stores…

INFINITY MEDICAL ACADEMY1 (blank)
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مركز أكاديمية انفينيتي للتدريب الصحي متخصص بتقديم الأنشطة التطويرية و التعليمية للكادر الصحي و طلاب الكليات الصحية و العلمية. نقدم خدماتنا بمعايير عالية من الجودة و الاتقان, نسعى دائماً لتوفير أكثر الدورات المطلوبة و الملائمة لاحتياج الممارسين الصحيين. دوراتنا معتمدة من هيئة التخصصات الصحية السعودية. نتميز بسرعة استجابتنا عبر قنوات التواصل وأرقامنا لاستفساراتكم و طلباتكم Infinity Academy for Health Training is specialized in the development and education of health staff and students of health and scientific colleges. We provide our services with high standards of quality and perfection, we always strive to provide the most required and appropriate courses that answer the needs of health practitioners. Our courses are accredited by the Saudi Commission For Health Specialties . We are distinguished by our fast response on your inquiries and requests through our social media channels and our official number

ESCO THAILAND(blank) +65 6542 0833
eti.admin@escolifesciences.com

The Esco Lifesciences Group has a diversified portfolio and sales. The Esco legacy of innovation continues in the products, services, and custom solutions delivered by our business units Esco Scientific, Esco Medical, and Esco Healthcare. Esco Scientific focuses on laboratory equipment technology and is dedicated to delivering innovative solutions for the clinical, research, and industrial laboratory community. One of its proudest accomplishments is the complete range of controlled environment equipment solutions, including airflow containment equipment, thermostatic, cold storage, and PCR workflow solutions. Esco Medical manufactures and innovates IVF solutions such as long-term embryo incubators, ART workstations, anti-vibration tables, and time-lapse incubators. Esco Medical is continuously developing advanced technologies to increase pregnancy rates and patient satisfaction and to meet the increasing demand of the IVF industry. Esco Healthcare has three divisions—Esco Pharma, Es…

DOCTOR RAKSA6 +66 2 079 5107
support@doctorraksa.com

Doctor Raksa is Thailands #1 telemedicine platform with more than hundreds of thousands of 5-star consultations completed. We have carefully selected hundreds of Thailands top doctors from all specialties to be at your fingertips. Patients across the country consult with our certified doctors within minutes through our secure chat, audio, or video consultation platform. Browse and order drugs and medical products from our online store (overseen and fulfilled by professional pharmacists from our pharmacy network) and get them delivered to your doorstep within less than 2 hours! As a mission-driven company, we welcome ex-pats around the world whose specialties are useful to transform millions of lives through cutting-edge technologies. Doctor Raksa is YOUR doctor on demand. Anytime. Anywhere. Our apps are consistently ranked #1 on Play Store and App Store. https://itunes.apple.com/app/raksa-your-doctor-on-demand/id1257022662?mt=8 https://play.google.com/store/apps/details?id=com.doct…

BEDEE POWERED BY BDMS61 +66 2 310 3899
support@bedee.com

BeDee is a new platform powered by BDMS to deliver healthy solution for everyone. Our mission is to create the most trusted health platform in Asia. Anytime. Anywhere. Everyone. Helping users take charge of their health, this mobile application offers a comprehensive digital health services including Teleconsultation, Telepharmacy, and Health Mall.

NONMUANG PHARMA2 +64 4 385 8868
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Your go-to friendly neighborhood pharmacy. Giving services by qualified pharmacists with the best care for you and you loved ones.

FAMILY HEALTHCARE CENTRE1 (blank)
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Family Healthcare Centre has a strong commitment to customer service and a high standard of clinical care. Family Healthcare has a membership concept for local long-term residents which includes an annual health check-up, access to phone consultations & house calls, reduced fees at the center, and privileges & discounts at partner hospitals. The core medical team consist of two family doctors, a physiotherapist, three nurses, and a medical laboratory technician. The center will have a pharmacy and in-house lab.

Top Pharmacy Companies in Thailand

Key Statistics from 2022, Including GDP and Employment

In 2022, the pharmacy industry in Thailand contributed approximately 1.4% to the nation's GDP. The industry employed around 60,000 people, accounting for roughly 0.15% of the total workforce. Over the past five years, the pharmacy industry has experienced an average growth rate of 5% annually, reflecting the increasing demand for pharmaceutical products and services.

Factors Contributing to Growth and Success

Government Initiatives

The Thai government has implemented several initiatives to support the growth of the pharmacy industry. These include the establishment of the National List of Essential Medicines, which ensures the availability and affordability of vital medications, and the promotion of local pharmaceutical manufacturing to reduce reliance on imports. Additionally, the government has invested in research and development (R&D) to foster innovation and enhance the competitiveness of the industry.

Aging Population

Thailand's aging population has contributed to the growth of the pharmacy industry, as the demand for healthcare services and pharmaceutical products increases with age. This demographic shift has driven significant growth in the consumption of prescription drugs, over-the-counter medications, and dietary supplements.

Growing Middle Class and Health Awareness

The growth of Thailand's middle class and increased health awareness among consumers have also contributed to the success of the pharmacy industry. As disposable income levels rise, consumers are more likely to seek out quality healthcare services and invest in preventative measures, such as vitamins and supplements. This trend has driven demand for pharmaceutical products and services across the country.

Industry Growth and Comparison to Previous Years

The pharmacy industry in Thailand has experienced steady growth in recent years, with an average annual growth rate of 5% since 2018. In 2022, the industry's growth rate reached 5.5%, driven by increased demand for pharmaceutical products and services. This growth has been fueled by the factors mentioned earlier, such as government initiatives, an aging population, and a growing middle class with heightened health awareness.

Key Trends, Including Technological Disruptions

Technological Innovations

Technological advancements have significantly impacted the pharmacy industry in Thailand. Innovations such as e-pharmacies, telepharmacy services, and automated medication dispensing systems have revolutionized the way pharmaceutical products and services are delivered. As technology continues to evolve, it is expected to play an even more prominent role in shaping the industry's future.

Personalized Medicine

The rise of personalized medicine is another key trend in the pharmacy industry. Advances in genomics and data analytics have enabled the development of targeted therapies tailored to individual patients' needs, improving treatment outcomes and reducing adverse effects. This trend is expected to drive further growth in the pharmacy industry, as demand for personalized medications and precision medicine services increases.

Challenges

Despite its growth and success, the pharmacy industry in Thailand faces several challenges. These include the need to balance the rising demand for pharmaceutical products and services with cost containment measures, ensuring the availability of essential medicines, and addressing the issue of counterfeit drugs. Moreover, the industry must navigate the complexities of regulatory compliance and the rapid pace of technological change.

To overcome these challenges, the industry must continue to invest in innovation, develop strategies to combat counterfeit drugs, and collaborate with the government and other stakeholders to ensure the availability and affordability of essential medicines. Embracing technological advancements and investing in R&D will be crucial for maintaining a competitive edge in the global market.

Future Outlook

The future outlook for the pharmacy industry in Thailand remains positive, as the factors driving growth—such as an aging population, a growing middle class, and increased health awareness—persist. The ongoing shift towards personalized medicine and the adoption of innovative technologies are expected to further propel the industry forward, creating new opportunities and challenges.

Conclusion

In conclusion, the pharmacy industry in Thailand has experienced considerable growth in recent years, driven by government initiatives, demographic changes, and increased health awareness. Technological innovations and the rise of personalized medicine have disrupted traditional models and created new opportunities for the industry. Although challenges remain, such as balancing cost containment with the rising demand for pharmaceutical products and addressing counterfeit drugs, the industry's future outlook is optimistic. By leveraging ongoing trends, investing in innovation, and fostering collaboration between stakeholders, the pharmacy industry in Thailand has the potential to continue its growth and contribute to a healthier future for the nation's population.

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By Melissa Goh
Published on 30 May 2023