Thai beauty market grows 2.7% while KLINIQ sales jump 44%
The market is crowded and slow, yet listed chain KLINIQ is growing on non-surgical treatments, even as regulators go after unregistered injectables.
Hospitals & Medical Tourism
Private hospital groups and foreign patients.
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BDMS profit slips as Cambodian and Gulf patients fall
Foreign patients are 27% to 28% of revenue at Thailand's largest private hospital group, and the two markets that shrank are the ones closed off by border and Gulf conflicts.
Foreign patients: Myanmar and Qatar rise, Cambodia drops
Bumrungrad earned 67.1% of its fourth-quarter 2025 revenue from foreign patients, yet KResearch expects the whole sector's foreign patient count to grow only 0.4% in 2026.
Clinics & Aesthetics
Dental, skin and aesthetic clinics.
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Thai beauty market grows 2.7% while KLINIQ sales jump 44%
The market is crowded and slow, yet listed chain KLINIQ is growing on non-surgical treatments, even as regulators go after unregistered injectables.
Wellness & Spa
Spas, retreats and Thai traditional medicine.
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Thai wellness earns 670 billion baht; spas await tourists
Hospitals, not spas, are the biggest earners among direct wellness providers, and spa owners say 80% of their customers are foreign.
Health Tech & Pharma
Telehealth, AI in hospitals, drugs and devices.
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Thai hospitals scale up AI chest X-ray reading
Thailand has about 2,000 radiologists for more than 30 million X-rays a year, and the national health fund is paying for the rollout through the 30 baht scheme.
Thailand courts drugmakers with a 68 billion baht hub plan
Thailand imports about 90% of the ingredients its drug makers use, and only 9 of its roughly 144 GMP plants can make them.