The medical services industry in Thailand maintains high growth potential, driven by increasing demand from the country's full transition into an aging society and the rising prevalence of Non-Communicable Diseases (NCDs). Furthermore, the Universal Health Coverage (UHC) system has expanded rights to medical access, supporting domestic service growth. Additionally, the readiness of private hospitals with strong networks allows for the accommodation of tourists and foreign patients returning post-COVID-19, particularly in the Medical Tourism sector. Key analysis points are as follows

Market Overview: The dietary supplement industry in Thailand in 2024 is valued at approximately 85,637.7 million THB, with an average annual growth rate of 7.5%. The market structure is primarily driven by domestic consumption (88%). Imports of dietary supplements exceed exports (Imports account for ~11% while Exports are ~1%). There are 26,243 active operators in the industry; however, only approximately 4.87% are contract manufacturers (OEM and ODM). Herbal-based products account for roughly 46% of the market value, reflecting the sustained health-conscious trend following the COVID-19 pandemic and Thailand’s full transition into an aging society.

The cosmetics industry in Thailand continues to demonstrate a trend of continuous growth following the COVID-19 crisis. This trajectory is driven by the recovery of domestic purchasing power, the return of foreign tourists, and the structure of modern distribution channels that facilitate easier access to products. Specifically, the Skincare, Makeup, Haircare, and Fragrance categories showed clear value growth throughout 2023–2024 (B.E. 2566–2567), while overall exports continued to expand favorably within Asian markets.

The Life Sciences industry is a key driver of the new economy, linked to robotics, digital technology, and Thailand's goal of becoming a medical hub, in line with the Thailand 4.0 direction. In the post-COVID-19 period, the industry has shown a continuous growth trend. However, the number of businesses "still in operation" contracted at the end of 2022, contrasting with the industry's value growth. 

Thailand’s medical device industry continues to advance, driven by structural support. Key drivers include the full transition into an aged society, the rise of chronic diseases, a recovering medical tourism sector, investments by private hospitals, and momentum from government policies

Thailand’s pharmaceutical industry continues to grow, driven by an aging societal structure, the burden of non-communicable diseases (NCDs), and access to healthcare services under Universal Health Coverage.

Herbal medicine is an integral part of traditional or alternative medicine, in which herbal remedies are derived from botanical, animal, or mineral products. These remedies have been used to treat and diagnose physical and mental illnesses.

The global stem cell market was valued at 6.87 million USD in 2016 and is expected to reach 15.63 million USD by 2025 with expansion at a CAGR of 9.2 percent because of increasing research to develop solutions for diseases through applications of novel therapeutic human stem cell technology. Cellular therapies are recognized as future major advancements which will transform the healthcare industry. 

In 2014, the value of the global surgical robotics market was 4 billion US dollars and is expected to grow at a compound annual growth rate of 20.03% percent over the next eight years.

The global supplementary food industry in 2016 made profit around 121.2 billion USD with 5.7% average growth rate per years. Although the fluctuation between 2009 and 2015 cause supplementary food industry growth rate to drop down, however there still some prediction witch believe in chance to growth back of this business due to growth rate inflate in Asia (exclude China, Japan and India) and East-Europe region that stay tune around 9%. There are also prediction form Nutrition Business Journal (NBJ) witch expect global supplementary food industry to reach 155 billion USD of profit in 2020.