Monthly production volume of medical devices Thailand 2022-2024

As of August 2024, the production volume of medical devices in Thailand, excluding optical lenses and infusion or transfusion sets, amounted to around 41.2 million pieces. In the same period, approximately 42.8 million pieces of such medical devices were sold domestically and internationally. 

The production scene for medical devices in Thailand

The majority of medical devices manufactured in Thailand are basic products that do not require complex technology. Raw materials found in the domestic market, such as plastic and rubber, are the main components. As of August 2024, infusion or transfusion sets for blood work and saline solutions were the most produced medical supply in Thailand, amounting to over 100 million sets. 

Leading medical device distributors in Thailand

In Thailand, large-sized medical device distributors hold most of the market share based on revenue. They accounted for over 78 percent of Thailand's total medical device market. Medical device distributors usually face stiff competition regarding pricing, especially when selling to hospitals. One of the leading Thai medical device distributors, Techno Medical PCL, generated almost 700 million Thai baht in 2023.