Opportunities in Thailand’s medical device market
With just 1.6% of Wisconsin's medical device exports going to Thailand, there is ample room for growth.
Registration is open for the Wisconsin Economic Summit!
With just 1.6% of Wisconsin's medical device exports going to Thailand, there is ample room for growth.
Wisconsin exporters can help meet the demand for equipment and supplies.
Both markets rely on imports to meet demand.
Driven by a rise in dental tourism, dentists are investing in modern equipment, especially in urban areas--but lack of access to basic dental care is still a problem in rural areas.
The industry continues to grow rapidly, driven primarily by pharmaceuticals, foods and beverages, and provides opportunities for Wisconsin companies.
The country aims to host 1.3 million medical tourists per year by 2021, and needs medical equipment to support the growing industry.
The 2010 lifting of a restriction opened the market to foreign entrants.