Thailand Clinical Laboratory Market Growth, Trends, Size, Scope, Challenges and Future Outlook
Thailand Clinical Laboratory Market Size- By Independent Laboratory, By Payer, By Customers, By Type of Tests, By Type of Laboratory in Private Hospitals- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2023 | Report ID: HLCA2344 | Pages: 1 - 108 | Formats*: |
| Category : Healthcare | |||
Thailand Clinical Laboratory Market Overview
According to SPER Market Research, the Thailand Clinical Laboratory Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
Clinical laboratories, which are specialized establishments that carry out a variety of tests and examinations on patient samples to support the diagnosis, monitoring, and treatment of diseases, are sometimes referred to as medical laboratories or diagnostic laboratories. These labs are essential to healthcare because they give medical personnel important data that they can use to make precise diagnoses and develop effective treatment regimens. The industry that includes the various facilities and services engaged in medical laboratory testing and diagnostics is referred to as the clinical laboratory market in Thailand. By performing a variety of tests and examinations on patient samples, including blood, urine, tissue, and other bodily fluids, clinical laboratories play a crucial part in healthcare by assisting in the diagnosis, monitoring, and treatment of diseases.
Exploring the Growth Drivers of the Thailand Clinical Laboratory Industry.
Several factors support the growth and development of the clinical laboratory sector in Thailand. The cost of healthcare has been steadily rising in Thailand throughout the years. The demand for clinical laboratory services is rising as more people and the government devote more resources to healthcare. Spending more money on healthcare enables the adoption of cutting-edge technologies, the growth of laboratory infrastructure, and increased access to diagnostic tests. Also, the chronic conditions like cardiovascular disease, diabetes, cancer, and respiratory illnesses are becoming more common in Thailand. There is a greater need for laboratory testing as a result of the critical role clinical laboratories play in identifying and monitoring these illnesses. Furthermore, the aging population increases the prevalence of age-related illnesses, which further fuels the need for clinical laboratory services.
What challenges does the Thailand Clinical Laboratory Market face?
There are a number of obstacles that the Thailand Clinical Laboratory Market must overcome in order to expand and function. For clinical laboratories, complying with regulatory requirements and acquiring the required licenses and certifications can be difficult. It can be time-consuming and expensive to comply with quality standards, competence tests, and certification procedures. Operations in laboratories are made more difficult by the need to always comply with changing regulations. In Thailand, there may also be a scarcity of qualified laboratory specialists, such as pathologists, medical technologists, and laboratory technicians. Due to this shortage, workloads may increase, turnaround times may lengthen, and testing quality may suffer. For clinical laboratories, filling this talent gap and attracting and keeping skilled workers can be extremely difficult.
In what ways has the COVID-19 pandemic affected Thailand Clinical Laboratory Market?
The clinical laboratory market in Thailand has been significantly impacted by the COVID-19 pandemic. Due to the increase in testing demand, laboratories had to expand their capabilities and set up specific COVID-19 testing facilities. Laboratories have to adopt new testing procedures, put biosafety precautions in place, and spend money on new technologies. Decreased non-COVID testing numbers and rising expenses led to financial difficulties. Issues with the workforce and workload arose as a result of personnel shortages in laboratories and rising demands placed on laboratory experts. It became essential for laboratories and public health organizations to work together. The pandemic expedited molecular diagnostics technological development and emphasized the critical function of clinical laboratories in disease diagnosis and management.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Independent Laboratory, By Payer, By Customers, By Type of Tests, By Type of Laboratory in Private Hospitals |
| Regions covered | Bangkok, Khon Kaen, Nakhon Ratchasima, Samut Prakan, Ubon Ratchasima, others |
| Companies Covered | Bangkok Medical Labs, Bangkok Pathology-Lab, BRIA Group, CCS Medical Laboratory, DNA Testing Laboratory Co. Ltd., Innotech Laboratories, Inter-Lab Pathology and Research Center, Lab Company Limited, Medical Line Lab, MIC Labs, Pathlab, Pathology Diagnostic Center, Pattaya Clinical Laboratory, Prolab, Rachvipa MRI Company Limited, Thonburi Clinical Labs, Ubon Pathology, Others |
Key Target Audience:
- Clinical Laboratory Companies
- Government Bodies & Regulatory Authorities
- Industry Associates
- Organized Clinical Laboratories
- Private Equity and Venture Capitalist
- Private Hospitals
- Technology Providers
- Unorganized Clinical Laboratories
Thailand Clinical Laboratory Market Segmentation:
1. By Independent Laboratory:
- Thailand Clinical Laboratory Market Value Share and Forecast, By Independent Laboratory, 2023-2033
- Organized labs
- Unorganized labs
2. By Payer:
- Thailand Clinical Laboratory Market Value Share and Forecast, By Payer, 2023-2033
- Corporates
- Out of Pocket
- Private Health Insurance
3. By Customers:
- Thailand Clinical Laboratory Market Value Share and Forecast, By Customers, 2023-2033
- Corporate Clients
- Doctor Referrals
- Online Booking
- Walk-Ins
4. By Type of Tests:
- Thailand Clinical Laboratory Market Value Share and Forecast, By Type of Tests, 2023-2033
- Esoteric
- Non-Laboratory
- Routine
5. By Region:
- Bangkok
- Khon Kaen
- Nakhon Ratchasima
- Samut Prakan
- Ubon Ratchasima
Key Topics Covered in the Report:
- Thailand Clinical Laboratory Market Size (FY’2023-FY’2033)
- Overview of Thailand Clinical Laboratory Market
- Segmentation of Thailand Clinical Laboratory Market By Independent Laboratory (Organized labs, Unorganized labs)
- Segmentation of Thailand Clinical Laboratory Market By Payer (Corporates, Out of Pocket, Private Health Insurance)
- Segmentation of Thailand Clinical Laboratory Market By Customers (Corporate Clients, Doctor Referrals, Online Booking, Walk-Ins)
- Segmentation of Thailand Clinical Laboratory Market By Type of Tests (Esoteric, Non-Laboratory, Routine)
- Segmentation of Thailand Clinical Laboratory Market By Type of Laboratory in Private Hospitals (In-house Labs, Third Party Tie-Ups)
- Statistical Snap of Thailand Clinical Laboratory Market
- Growth Analysis of Thailand Clinical Laboratory Market
- Problems and Challenges in Thailand Clinical Laboratory Market
- Competitive Landscape in the Thailand Clinical Laboratory Market
- Impact of COVID-19 and Demonetization on Thailand Clinical Laboratory Market
- Details on Recent Investment in Thailand Clinical Laboratory Market
- Competitive Analysis of Thailand Clinical Laboratory Market
- Key Players in the Thailand Clinical Laboratory Market
- SWOT Analysis of Thailand Clinical Laboratory Market
- Thailand Clinical Laboratory Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Thailand Clinical Laboratory Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Clinical Laboratory Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Clinical Laboratory Market
7. Thailand Clinical Laboratory Market, By Independent Laboratory (USD Million)
7.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Independent Laboratory, 2023-20337.2. Organized labs7.3. Unorganized labs
8. Thailand Clinical Laboratory Market, By Payer (USD Million)
8.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Payer, 2023-20338.2. Corporates8.3. Out of Pocket8.4. Private Health Insurance
9. Thailand Clinical Laboratory Market, By Customers (USD Million)
9.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Customers, 2023-20339.2. Corporate Clients9.3. Doctor Referrals9.4. Online Booking9.5. Walk-Ins
10. Thailand Clinical Laboratory Market, By Type of Tests (USD Million)
10.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Type of Tests, 2023-203310.2. Esoteric10.2.1. Allergic Disease10.2.2. Endocrine10.2.3. Infectious Disease10.2.4. Others10.3. Non-Laboratory10.4. Routine10.4.1. A1C10.4.2. Basic Metabolic Panel10.4.3. Complete Blood Count10.4.4. Others
11. Thailand Clinical Laboratory Market, By Type of Laboratory in Private Hospitals (USD Million)
11.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Type of Laboratory in Private Hospitals, 2023-203311.2. In-house Labs11.3. Third Party Tie-Ups
12. Thailand Clinical Laboratory Market Forecast, 2019-2033 (USD Million)
12.1. Thailand Clinical Laboratory Market Size and Market Share
13. Thailand Clinical Laboratory Market, By Independent Laboratory, 2019-2033 (USD Million)
13.1. Thailand Clinical Laboratory Market Size and Market Share By Independent Laboratory (2019-2026)13.2. Thailand Clinical Laboratory Market Size and Market Share By Independent Laboratory (2027-2033)
14. Thailand Clinical Laboratory Market, By Payer, 2019-2033 (USD Million)
14.1. Thailand Clinical Laboratory Market Size and Market Share By Payer (2019-2026)14.2. Thailand Clinical Laboratory Market Size and Market Share By Payer (2027-2033)
15. Thailand Clinical Laboratory Market, By Customers, 2019-2033 (USD Million)
15.1. Thailand Clinical Laboratory Market Size and Market Share By Customers 1(2019-2026)15.2. Thailand Clinical Laboratory Market Size and Market Share By Customers (2027-2033)
16. Thailand Clinical Laboratory Market, By Type of Tests, 2019-2033 (USD Million)
16.1. Thailand Clinical Laboratory Market Size and Market Share By Type of Tests (2019-2026)16.2. Thailand Clinical Laboratory Market Size and Market Share By Type of Tests (2027-2033)
17. Thailand Clinical Laboratory Market, By Type of Laboratory in Private Hospitals, 2019-2033 (USD Million)
17.1. Thailand Clinical Laboratory Market Size and Market Share By Type of Laboratory in Private Hospitals (2019-2026)17.2. Thailand Clinical Laboratory Market Size and Market Share By Type of Laboratory in Private Hospitals (2027-2033)
18. Thailand Clinical Laboratory Market, By Region, 2019-2033 (USD Million)
18.1. Thailand Clinical Laboratory Market Size and Market Share By Region (2019-2026)18.2. Thailand Clinical Laboratory Market Size and Market Share By Region (2027-2033)18.3. Bangkok18.4. Khon Kaen18.5. Nakhon Ratchasima18.6. Samut Prakan18.7. Ubon Ratchasima18.8. Others
19. Company Profile
19.1. Bangkok Medical Labs19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Bangkok Pathology-Lab19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. BRIA Group19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. CCS Medical Laboratory19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. DNA Testing Laboratory Co. Ltd.19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Innotech Laboratories19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Inter-Lab Pathology and Research Center19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Lab Company Limited19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Medical Line Lab19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. MIC Labs19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Pathlab19.11.1. Company details19.11.2. Financial outlook19.11.3. Product summary19.11.4. Recent developments19.12. Pathology Diagnostic Center19.12.1. Company details19.12.2. Financial outlook19.12.3. Product summary19.12.4. Recent developments19.13. Pattaya Clinical Laboratory19.13.1. Company details19.13.2. Financial outlook19.13.3. Product summary19.13.4. Recent developments19.14. Prolab19.14.1. Company details19.14.2. Financial outlook19.14.3. Product summary19.14.4. Recent developments19.15. Rachvipa MRI Company Limited19.15.1. Company details19.15.2. Financial outlook19.15.3. Product summary19.15.4. Recent developments19.16. Thonburi Clinical Labs19.16.1. Company details19.16.2. Financial outlook19.16.3. Product summary19.16.4. Recent developments19.17. Ubon Pathology19.17.1. Company details19.17.2. Financial outlook19.17.3. Product summary19.17.4. Recent developments19.18. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Thailand Clinical Laboratory Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Thailand Clinical Laboratory Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Thailand Clinical Laboratory Market CAGR of XX% during the forecast period.
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Thailand Clinical Laboratory Market size is USD XX billion from 2023 to 2033.
Thailand Clinical Laboratory Market Segment is Covered By Independent Laboratory, By Payer, By Customers, By Type of Tests, By Type of Laboratory in Private Hospitals
The Asia-Pacific region is anticipated to have the highest market share in Thailand Clinical Laboratory Market.
The key players in the market include Companies Covered Bangkok Medical Labs, Bangkok Pathology-Lab, BRIA Group, CCS Medical Laboratory, DNA Testing Laboratory Co. Ltd., Innotech Laboratories, Inter-Lab Pathology and Research Center, Lab Company Limited, Medical Line Lab, MIC Labs, Pathlab, Pathology Diagnostic Center, Pattaya Clinical Laboratory, Prolab, Rachvipa MRI Company Limited, Thonburi Clinical Labs, Ubon Pathology, Others
The demand for clinical laboratory services is rising as more people and the government devote more resources to healthcare.
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