Outpatient Care - Thailand | Statista Market Forecast

The Outpatient Care market in Thailand is anticipated to achieve a revenue of US$2.73bn in 2024.
This sector is projected to exhibit a compound annual growth rate (CAGR 2024-2029) of 7.67%, leading to a market volume of US$3.96bn by 2029.
When compared globally, United States is expected to generate the highest revenue in this market, amounting to US$744.80bn in 2024.
Thailand's Outpatient Care market is experiencing a surge in demand due to the country's growing elderly population.

Definition:
Outpatient Care refers to medical and surgical services that are provided to patients who do not require an overnight stay in a hospital. It covers a wide range of services, including diagnostic tests, procedures, and treatments that are performed on an outpatient basis (e.g., doctor consultations, diagnostic services, and laboratory tests). Hospital outpatient care is designed to provide convenient, efficient, and cost-effective medical care to patients, allowing them to receive medical attention without having to spend the night in a hospital. This reduces the overall cost of healthcare and increases accessibility to medical services.

Additional information:
The Outpatient Care market comprises revenues and average revenue per capita. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Ambulatory care by hospitals
Minor surgical procedures
Clinic visits by patients
Checkups
Emergency department visits

Inpatient care
Day care
Long-term care
Home-based care

The Outpatient Care market in Thailand has been experiencing significant growth over the past few years.

Customer preferences: One major reason for this growth is the increasing demand for healthcare services in Thailand. As the population ages and becomes more health-conscious, there is a growing need for outpatient care services. Additionally, the rise of chronic diseases such as diabetes and heart disease has led to an increased demand for outpatient care.

Trends in the market: In response to this growing demand, many healthcare providers in Thailand are expanding their outpatient care services. This includes opening new clinics and increasing the number of services offered at existing clinics. Many providers are also investing in new technologies and equipment to improve the quality of care and increase efficiency.Another trend in the outpatient care market in Thailand is the increasing use of telemedicine. This allows patients to receive care remotely, which can be particularly beneficial for those living in rural areas or with limited mobility. Telemedicine also allows healthcare providers to reach a larger patient population and can help to reduce costs.

Local special circumstances: One unique aspect of the outpatient care market in Thailand is the role of traditional medicine. Many Thai people still rely on traditional medicine practices, such as herbal remedies and massage therapy, in addition to modern medical treatments. As a result, many outpatient care providers in Thailand offer a combination of traditional and modern treatments.

Underlying macroeconomic factors: The growth of the outpatient care market in Thailand can also be attributed to the country's strong economic growth and political stability. As the middle class continues to grow in Thailand, more people are able to afford healthcare services. Additionally, the government has made healthcare a priority and has invested in improving healthcare infrastructure and services.In conclusion, the outpatient care market in Thailand is experiencing significant growth due to increasing demand for healthcare services, expansion of services by healthcare providers, the use of telemedicine, the role of traditional medicine, and strong macroeconomic factors.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

In recent years, a clear shift from inpatient to outpatient care has changed the face of healthcare, impacting operations, business models, staffing, and capital. Ambulatory centers carry out increasing numbers of medical procedures following advancements in healthcare technologies, cost management incentives, and consumer-focused services. There is a significant rise in the utilization of non-traditional sites of service such as ambulatory surgery centers, community health centers, primary care clinics, and telehealth. Employment in U.S. Ambulatory health care services has considerably grown over the years. Since 2007, according to the number of ambulatory care establishments in the U.S., nearly a hundred thousand ambulatory care establishments have opened across the country.