Thailand Telehealth Market: Trends, Growth & Forecast (2024–2030)
The Thailand telehealth market size is anticipated to reach USD 9.51 billion by 2030, expanding at a CAGR of 29.1% during the forecast period, according to a new report by Grand View Research, Inc. The growing adoption of telehealth and digital healthcare, shortage of medical professionals, and rising demand for healthcare services contribute to the market growth. Moreover, an increase in the number of initiatives by market players in terms of technological advancements and a growing focus on telehealth technologies have led to increased funding in the digital health space. This is expected to impact the market positively. According to a report published by Galen Growth, a total of USD 11.64 million in venture capital funding was raised through 12 digital health deals from 2019 to 2024. The demand for healthcare is growing in Thailand due to the rapidly aging population and rising prevalence of chronic diseases. According to the World Bank, the percentage of th...