Thailand Healthcare Products
Thailand is the second most aged society in ASEAN after Singapore. Currently, 20% of Thais are older than 60 years old, and by 2030, approximately one-third of the Thai population will be over 60 years old. The National Statistical Office of Thailand forecasts that by 2035, the country will become a super-aged society, with 30 percent of the population over 60 years old. According to Thailand’s Health and Elderly Establishment Confederation, this trend has generated ample business opportunities for products and services for the elderly, valued at approximately $2.8 billion.
Best prospect products for U.S. businesses include home care products, furniture, medical and rehabilitation devices, anti-aging products, food supplements, e-health platforms, and mobility technologies. American companies interested in expanding to the Thailand market are encouraged to consider exhibiting at the annual Care Expo Thailand trade show.
To learn more about how to take advantage of this opportunity, please contact Commercial Specialist Ms. Kornluck Tantisaeree at Kornluck.tantisaeree@trade.gov.