The value of Thailand's digital health transformation market is expected to reach US$1.4 billion in 2025, driven by technological advancements and growing healthcare demand, according to a recent report.
Research conducted by consulting firm YCP Solidiance found several emerging technologies such as telemedicine and mobile health applications are becoming more common in the country's digital health sector, which has been growing over the past few years.
Thailand's telemedicine market is expected to grow by about $90 million this year, with a compound annual growth rate of 19.3% estimated between 2021 and 2027. The report suggests technology is evolving to the 2.0 level, providing quality healthcare that can be accessed remotely by patients located in rural and underserved areas.
