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Thailand: Medical Device Market

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Thailand is heavily dependent on imported medical devices ... Embassy Bangkok, Thailand. Best Prospects ... HospiMedica Thailand 2007. September 12-14, 2007 ... – PowerPoint PPT presentation

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Title: Thailand: Medical Device Market


1
Thailand Medical Device Market
  • U.S. Commercial Service
  • U.S. Embassy Bangkok, Thailand

www.buyusa.gov/thailand
2
Presentation Content
  • sector outlook
  • market size, growth and trends
  • Market Profile
  • Best prospects and prospective buyers
  • Market entry
  • Market challenges
  • Trade events

3
Medical Device Market Outlook
  • The market growth in 2006 was approximately 24
  • Thailand is heavily dependent on imported medical
    devices
  • Market growth will derive from healthcare
    facilities upgrade and improvement
  • 60 of the demand comes from public hospitals and
    40 from private hospitals.

4
Number of Public Hospital and Beds in Thailand
5
Number of Private Hospitals and Beds in Thailand
6
Market Statistic
7
Major Imports
8
Equipment and Services Market Profile
  • Imports accounted for 91 percent of the total
    market
  • Products from the US led the market and
    controlled 38 percent of the total market
  • Healthcare service gears more toward
    international patients
  • Physicians obtained specialized training abroad
    and dictate the purchase of devices

9
Thank you Welcome to Thailand
  • Nalin Phupoksakul
  • Commercial Specialist
  • (nphupoks_at_mail.doc.gov)

James Golsen Commercial Attaché (james.golsen_at_ma
il.doc.gov)
U.S. Commercial Service U.S. Embassy Bangkok, Tha
iland
10
Best Prospects and Prospective Buyers
  • Heart Valves and Artificial Blood Vessels
  • Disposable Diagnostic Test Kits
  • Rehabilitation Equipment
  • Orthopedic and Implants
  • Respiration and Resuscitation Devices and
    Accessories
  • Endoscopic and Laparoscopic Equipment
  • Dental Hand Pieces, Dental Fillings and
    Accessories

11
Market Entry
  • Certificate to Foreign Government essentially is
    the document required for registration with Thai
    FDA
  • Importation is not allowed for medical devices
    that
  • are not freely marketed and sold in the
    manufacturing country
  • do not have a Certificate to Foreign Government
    (used or refurbished devices)

12
Challenges and Barriers
  • Challenges
  • Price competition
  • Competitors long presence
  • Flexibility
  • Finding good local partners
  • Barriers
  • Import documentation
  • Metric system

13
Regional and Local Trade Events
  • Regional Trade Events
  • HospiMedica Thailand 2007
  • September 12-14, 2007
  • Queen Sirikit National Convention Center,
    Bangkok
  • www.hospimedica-thailand.com
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