Thailand has been transforming into the world’s top medical tourism destination. Investment in the Thai healthcare & medical business provides not only promising returns but also opportunities for investors to take part in upgrading healthcare service and improving well-being for Thais and people around the world. 23 companies currently listed on The Stock Exchange of Thailand (SET)’s Heath Care Services sector yield higher total return than the benchmark MSCI World Health Care Net Total Return Index (Figure 1).
Healthcare & medical business also creates additional values with focus on healthcare for the elderly, preventive medicine, specialized medical services and medical innovations. The number of healthcare service users who are both Thais and foreigners have increasing over the past five years (2014-2018) with an average growth of 5.3 percent and 5.1 percent per year, respectively (Figure 2), as reflected by the sector’s average net profit growth of 8.5 percent a year over the past five years1 .
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