Foreign patient influx spikes by 7.6% in private hospitals
Vimproving Thailand's Health Economy: A Global Health Hub by 2034
Thailand's private healthcare sector is experiencing a surge in growth in 2025, thanks to surging foreign patient numbers and global health trends. According to the Industry Analysis Report, total revenue for Thailand's private hospitals is projected to grow by 5.6% year-on-year (YoY) in 2025.
This growth is primarily fueled by a whopping 7.6% YoY increase in revenue from foreign patients. Revenue from Thai patients is expected to grow at a gentler pace of 5.2% YoY due to Thailand's slower economic growth, causing Thai consumers to tighten their healthcare spending [1].
Thailand sets an ambitious goal to reach a health economy value of 690 billion baht in 2025, accounting for 3.39% of the country's GDP [2]. This commitment to the medical industry reflects its potential as a driving force behind Thailand's national economy.
Moreover, numerous private hospitals, such as Vimut Hospital, are adapting and refining their strategies to meet rising demands. Vimut Hospital is building a healthcare ecosystem and continuously advancing medical technologies to enhance treatment standards. Its mission is to be an accessible healthcare provider that caters to all groups at affordable prices [3].
The B.E.S.T Strategy: Turbocharging Vimut Hospital
Dr Nipat Kulabkaw, CEO of Vimut Hospital Holding Co., Ltd., has announced that the hospital will focus on advancing care for complex and challenging diseases in 2025. This will be achieved through a multidisciplinary team of specialists covering respiratory diseases, cardiovascular conditions, gastrointestinal disorders, and neurological and brain diseases, aiming for rapid, precise, and safe treatment planning.
To achieve this goal, Vimut Hospital will implement the B.E.S.T strategy over the next 3-5 years:
B: Bring Modern Technology – Integrating cutting-edge technology into patient care.
E: Expert with Specialized Team – Utilizing specialized medical teams and experts.
S: Smooth Service – Providing seamless and convenient patient care with a well-prepared support team.
T: Trust – Building confidence and trust among patients.
In 2024, Vimut Hospital's revenue reached 1.203 billion baht, marking a significant growth of 35% from the previous year [3].
As a testament to its commitment to respiratory care, Vimut Hospital recently launched the Lung Health Centre. The centre offers comprehensive respiratory care services to combat the increasing threats to lung health worldwide [3].
Adapting to a Ageing Population: Bumrungrad Hospital's AAA Centre
According to industry reports, Thailand's private hospital sector is set for growth in 2025, with the expansion of facilities and services beyond Bangkok, a focus on international patient acquisition and experience, digital transformation, and strategic collaborations contributing to the sector's growth [1].
Recently, Bumrungrad Hospital upgraded its Advanced Arthritis & Arthroplasty Centre (AAA) to meet the needs of Thailand's ageing society. Osteoarthritis cases among Thailand's elderly population have risen in recent years [1].
The AAA Centre specializes in complex surgeries, utilizes advanced pain management techniques, and provides comprehensive personalized care, ensuring implants last at least 25 years or a lifetime following surgery [1].
- TAGS
- private hospitals
- foreign patients
- Health Care
- Thailand
- MEDICAL HUB
- industry
[1] https://www.bangkokpost.com/business/1836517/thailands-healthcare-market-expanding
[2] https://www.bangkokpost.com/business/1836484/medical-genomics-centre-to-play-key-role-in-project-propel
[3] https://www.prnewswire.com/news-releases/vimut-hospital-announces-its-focus-on-advancing-care-for-complex-and-challenging-diseases-in-2025--through-the-bes-t-strategy-301505330.html
[4] https://www.bangkokpost.com/lifestyle/health-wellness/1837667/i-collaborated-on-project-propel-with-samsung-pending-further-technology
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- Thailand's private hospitals increasingly attract foreign patients due to surging numbers and global health trends, with the goal to become a global health hub by 2034.
- Thailand's political leaders discuss the necessity of improving the country's health economy, as it Plays a crucial role in the overall national economy.
- In the realm of health-and-wellness, Thai private hospitals are investing in health-technology and medical-conditions research to expand their services beyond traditional treatments.
- The Thai government is looking to adapt to an ageing population by focusing on international patient acquisition and experience, digital transformation, and strategic collaborations in the private hospital sector.
- The economy benefits from the growth in Thailand's private healthcare sector as the health industry becomes a driving force behind the country's economic growth.
- A new trend in Thailand's lifestyle sector is the emergence of health-and-wellness retreats that cater to both local and international tourists, promoting a holistic approach to well-being and personal care.
