T H A I L A N D : T O WA R D S B E C O M I N G N O . 1 M E D I C A L H U B O F A S I A
Top 5 Product Groups Exported and
Imported by Thailand
Institutions with Technological
Development Support
1 st 2 nd 3 rd 4 th 5 th
Single-use
Devices Ophthalmic and
Optical Devices Electro
Mechanical
Medical Devices Dental Devices Hospital
Hardware
Single-use
Devices Ophthalmic and
Optical Devices
Export
(2017)
Import
(2017)
Electro
Mechanical
Medical Devices
In Vitro
Diagnostic
Devices (IVD)
T
here are many institutions and organizations who support techno-
logical development and facilitate entrepreneurs in the medical
industry
Thailand’s Science Park
one-stop service center to assist companies
engaged in scientific
and technological research National Science and Technology
Development Agency
strengthen R&D and support necessary S&T
human resource development
BIOTEC
provide basic infrastructure such as
laboratories for healthcare services or
modern biotechnology businesses Ministry of Public Health
control over the production, import,
export, sale or handling of
medical device.
Food and Drug Administration
controls products in Thai market: foods,
drugs, psychotropic substances, medical
devices etc. TCELS
promote and support innovations and
knowledge related to life sciences products
and services
National Innovation Agency
support and develop innovation system, in
both the way of improvement and initiation
to promote competitive enhancement THAIMED
coordinate with the government
and the private sector to develop the medical
device industry
Hospital
Hardware
Thailand’s Pharmaceuticals
Trade Statistics
Thailand ‘s Pharmaceutical Exports and Imports
Unit: Million USD
3,000
2,326
2,500
2,000
1,500
1,000
500
0
581
614
2010
723
2011
2012
Top 5 Exported Products (2017)
1
2,301
2,351
2,453
2,588
2,480
2,115
1,860
Medicaments for Therapeutic or
Prophylactic Purposes
766
761
2013
777
2014
2015
799
2016
826
2017
Top 5 Imported Products (2017
Medicaments for Therapeutic
or Prophylactic Purposes
2 Glutamic Acid Medicaments Containing Antibiotics
3 Adhesive Dressings Medicaments Containing Hormones of Steroids
4 Chemically Pure Sugar Medicaments Containing Penicillin
5 Wadding, Guaze and Bandages Medicaments Containing Pro-vitamins or Vitamin
Source : Thailand Borad of Investment recently publishs
The medical device sector is one of the new S-curve industries.
Thus, there will be support from the government in order to position
Thailand to become a medical hub and a center for the exportation of
medical devices and equipment to nearby CLMV and other ASEAN
countries, which have seen a rising demand for such devices.
Moreover, Thailand’s aging society also creates market opportunities for
medical devices for the elderly.
Mr. Preecha Bhanditvej, President of Thai Medical Device Technology Industry Association
SEPTEMBER 2019
PharMed & HealthCare 11