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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Thailand Clinical Laboratory Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Thailand Clinical Laboratory Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Organized labs
7.3. Unorganized labs
8. Thailand Clinical Laboratory Market, By Payer (USD Million)
8.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Payer, 2023-2033
8.2. Corporates
8.3. Out of Pocket
8.4. Private Health Insurance
9. Thailand Clinical Laboratory Market, By Customers (USD Million)
9.1. Thailand Clinical Laboratory Market Value Share and Forecast, By Customers, 2023-2033
9.2. Corporate Clients
9.3. Doctor Referrals
9.4. Online Booking
9.5. 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, 2023-2033
10.2. Esoteric
10.2.1. Allergic Disease
10.2.2. Endocrine
10.2.3. Infectious Disease
10.2.4. Others
10.3. Non-Laboratory
10.4. Routine
10.4.1. A1C
10.4.2. Basic Metabolic Panel
10.4.3. Complete Blood Count
10.4.4. 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, 2023-2033
11.2. In-house Labs
11.3. 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. Bangkok
18.4. Khon Kaen
18.5. Nakhon Ratchasima
18.6. Samut Prakan
18.7. Ubon Ratchasima
18.8. Others
19. Company Profile
19.1. Bangkok Medical Labs
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Bangkok Pathology-Lab
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. BRIA Group
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. CCS Medical Laboratory
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. DNA Testing Laboratory Co. Ltd.
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Innotech Laboratories
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Inter-Lab Pathology and Research Center
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Lab Company Limited
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Medical Line Lab
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. MIC Labs
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Pathlab
19.11.1. Company details
19.11.2. Financial outlook
19.11.3. Product summary
19.11.4. Recent developments
19.12. Pathology Diagnostic Center
19.12.1. Company details
19.12.2. Financial outlook
19.12.3. Product summary
19.12.4. Recent developments
19.13. Pattaya Clinical Laboratory
19.13.1. Company details
19.13.2. Financial outlook
19.13.3. Product summary
19.13.4. Recent developments
19.14. Prolab
19.14.1. Company details
19.14.2. Financial outlook
19.14.3. Product summary
19.14.4. Recent developments
19.15. Rachvipa MRI Company Limited
19.15.1. Company details
19.15.2. Financial outlook
19.15.3. Product summary
19.15.4. Recent developments
19.16. Thonburi Clinical Labs
19.16.1. Company details
19.16.2. Financial outlook
19.16.3. Product summary
19.16.4. Recent developments
19.17. Ubon Pathology
19.17.1. Company details
19.17.2. Financial outlook
19.17.3. Product summary
19.17.4. Recent developments
19.18. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope