Thailand Healthcare to Grow 6% in 2015 forecasts new study

Fast Market Research announces the availability of a new Business Monitor International report "Thailand Pharmaceuticals & Healthcare Report Q4 2015" on their comprehensive research portal.

Thailand's medical system will see a transformation. This comes as there is a growing divergence between the three healthcare schemes in the country in terms of cost as well as healthcare outcomes. In addition the economy has taken a much stronger precedence under the new military government which will curtail additional funding towards Thailand's healthcare programmes despite the schemes' growing financial constraints. This change could have negative ramifications for drugmakers and healthcare providers - especially should the shift be towards a central agency that negotiates prices for all three programmes.

Headline Expenditure Projections

- Pharmaceuticals: THB145.5bn (USD4.5bn) in 2014 to THB152.9bn (USD4.6bn) in 2015; +5.1% in local currency terms and +2.7% in US dollar terms.
- Healthcare: THB581.7bn (USD17.9bn) in 2014 to THB621.3bn (USD18.6bn) in 2015: +6.8% in local currency and +4.3% in US dollar terms.

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