A sample report on
Thailand
Nutritional
Supplements
Market Analysis
Includes Market Size, Market Segmented by Types
and Key Competitors (Data forecasts from 2022 – 2030F)
www.insights10.com
This report presents a strategic analysis of the Thailand Nutritional Supplements Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Thailand Nutritional Supplements Market, and offers unmatched value, accuracy, and expert insights
Report Scope
Report Attribute
Details
Number of Pages
70-80
Base Year for Estimation
2022
Forecast Period
2023-2030
Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Report Coverage
Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement Scenario
Quantitative Units
Revenue in USD Million/Billion (Mn/Bn)
Research Approach
Secondary Research (60%), Primary Research (40%)
Click on the icon to know the detailed methodology
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 3
Table of Content
CONTENT
PG. NO.
1. Nutritional Supplements Overview
12-25
1.1. Overview
1.2. Thailand Overview
1.3. Economic Overview: Thailand
1.4. Nutritional Supplements Market in Thailand
1.5. OTC and Nutraceuticals Market in Thailand
1.6. Healthcare Scenario in Thailand
1.7. Health Insurance Coverage: Thailand
1.8. Budget of the Government for Public Insurance
1.9. Mergers and Acquisitions
2. Market Size and Forecasting
26-32
2.1 Market size and forecasts (Excel and Methodology)
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 4
Table of Content
CONTENT
PG. NO.
2.2. Market Segmentation
2.2.1. Product
2.2.2. Consumer Group
2.2.3. Formulation
2.2.3. Delivery Channel
3. Market Dynamics
33-37
3.1. Market Growth Drivers
3.1.1. Thailand Nutritional Supplements Market Driver 1
3.1.2. Thailand Nutritional Supplements Market Driver 2
3.1.3. Thailand Nutritional Supplements Market Driver 3
3.2. Market Restraints
3.2.1. Thailand Nutritional Supplements Market Restraint 1
3.2.2. Thailand Nutritional Supplements Market Restraint 2
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 5
Table of Content
CONTENT
PG. NO.
3.2.3. Thailand Nutritional Supplements Market Restraint 3
4. Competitive Landscape
38-48
4.1. Major Market Share
4.2. Key Company Profile
4.2.1. Mega We Care
4.2.1.1. Overview
4.2.1.2. Product Applications & Services
4.2.1.3. Recent Developments
4.2.1.4. Partnerships Ecosystem
4.2.1.5. Financials (Based on Availability)
4.2.2. Amway
4.2.2.1. Overview
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 6
Table of Content
CONTENT
PG. NO.
4.2.2.2. Product Applications & Services
4.2.2.3. Recent Developments
4.2.2.4. Partnerships Ecosystem
4.2.2.5. Financials (Based on Availability)
4.2.3. Herbalife
4.2.3.1. Overview
4.2.3.2. Product Applications & Services
4.2.3.3. Recent Developments
4.2.3.4. Partnerships Ecosystem
4.2.3.5. Financials (Based on Availability)
4.2.4. Giffarine Skyline Unity
4.2.4.1. Overview
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 7
Table of Content
CONTENT
PG. NO.
4.2.4.2. Product Applications & Services
4.2.4.3. Recent Developments
4.2.4.4. Partnerships Ecosystem
4.2.4.5. Financials (Based on Availability)
4.2.5. Abhaiherb
4.2.5.1. Overview
4.2.5.2. Product Applications & Services
4.2.5.3. Recent Developments
4.2.5.4. Partnerships Ecosystem
4.2.5.5. Financials (Based on Availability)
4.2.6. Win Health Pharma
4.2.6.1. Overview
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 8
Table of Content
CONTENT
PG. NO.
4.2.6.2. Product Applications & Services
4.2.6.3. Recent Developments
4.2.6.4. Partnerships Ecosystem
4.2.6.5. Financials (Based on Availability)
4.2.7. Venture Life Healthcare
4.2.7.1. Overview
4.2.7.2. Product Applications & Services
4.2.7.3. Recent Developments
4.2.7.4. Partnerships Ecosystem
4.2.7.5. Financials (Based on Availability)
4.2.8. Vox Nutrition
4.2.8.1. Overview
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 9
Table of Content
CONTENT
PG. NO.
4.2.8.2. Product Applications & Services
4.2.8.3. Recent Developments
4.2.8.4. Partnerships Ecosystem
4.2.8.5. Financials (Based on Availability)
4.2.9. Divi’s Nutraceutical
4.2.9.1. Overview
4.2.9.2. Product Applications & Services
4.2.9.3. Recent Developments
4.2.9.4. Partnerships Ecosystem
4.2.9.5. Financials (Based on Availability)
4.2.10. Matsun Nutrition
4.2.10.1. Overview
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 10
Table of Content
CONTENT
PG. NO.
4.2.10.2. Product Applications & Services
4.2.10.3. Recent Developments
4.2.10.4. Partnerships Ecosystem
4.2.10.5. Financials (Based on Availability)
5. Reimbursement Scenario
49-56
5.1. Reimbursement Regulation
5.2. Reimbursement Process for Diagnosis
5.3. Reimbursement Process for Treatment
5.4 Reimbursement Process – Medicare
5.5 Reimbursement Process - Medicaid
6. Methodology & Scope
57-62
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 11
Thailand Nutritional Supplements Market Analysis
1. Nutritional Supplements Overview
1.1 Statistics at a Glance: The Scenario of Nutritional Supplements in the World Scope of Nutritional Supplements
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
$62
59 Mn
report
millennials spend
Americans spend their money
over $62 per
on supplements, herbs, and
▪
In this section you will get an
purchase for
vitamins
understanding of the topic, which includes
vitamins and
the prevalence of the disease, the
supplements
application of medical devices, new
technology, and other details related to the
8.9%
30.8%
topic
is the growth rate
vitamins account for 30.8% of
for the nutritional
the total market
▪
In order to obtain access to all of the
supplements
information that you are seeking, you will
market
need to purchase the final report
▪
Final report will be comprehensive and
$30 Bn
34.8%
detailed, and it will include data, analysis,
are spent out of pocket on
North America is the
trends, and other relevant information
nutritional supplements in
largest continental market
related to the topic or subject matter of
America
for nutritional
interest
supplements
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 13
1.1 Statistics at a Glance: The Scenario of Nutritional Supplements in the World (continued)
Europe
~Revenue to reach
$XX Bn by 2027
North America
~ Market Size of
Asia
$XX Bn
-Fastest CAGR
Africa
~Market Size of
Egypt Market
$XX Bn
~$XX Mn Market
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 14
1.2 Thailand Overview
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪
In this section you will get an
understanding of the demographics of the
country/region, which includes the
71.6 Mn
$506 Mn
population, GDP, healthcare expenditure
and other details related to the topic
Is the population of
Is the Gross
Thailand, in 2022
Domestic Product
▪
In order to obtain access to all of the
(GDP) in Thailand in
information that you are seeking, you will
2021
need to purchase the final report
▪
Final report will be comprehensive and
41
$305
detailed, and it will include data, analysis,
Is the median age
per capita was the
trends, and other relevant information
in Thailand, in 2022
amount of national
related to the topic or subject matter of
health expenditures in
interest
2021
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 15
1.3 Economic Overview: Thailand
Population of Thailand, (2020-2030)
GDP of Thailand, (2020-2030)
XX
XX
XX
XX
2020
2021
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
2020
2021
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
Population Split (2023)
▪
In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, By Gender
By Age Group
healthcare expenditure and other details related to the topic
▪
In order to obtain access to all of the information that you are 0-14
seeking, you will need to purchase the final report
15-24
Female
Male
▪
Final report will be comprehensive and detailed, and it will 51%
49%
25-54
include data, analysis, trends, and other relevant information 55-64
related to the topic or subject matter of interest
65+
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 16
1.4 Statistics at a Glance: The Scenario of Nutritional Supplements in Thailand Scope of Nutritional Supplements
▪
Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
66%
58%
analysis that will be presented in the
of the citizens of
of the respondents in
final report
Thailand stated that
Thailand use nutritional
they took
supplements according to a
▪
In this section you will get an
supplements for
survey
understanding of the topic, which
improving the
includes the prevalence of the disease,
immune system
the application of medical devices, new
technology, and other details related to
the topic in Thailand
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
$23 Mn
15%-100%
of vitamins and
of nutrient levels must be
▪
Final report will be comprehensive and
supplements were
maintained by nutritional
detailed, and it will include data,
exported by
supplements as per Thai
analysis, trends, and other relevant
Thailand in 2021
Recommended Daily Intake
information related to the topic or
subject matter of interest
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 17
1.5 OTC and Nutraceuticals in Thailand
Thailand OTC and Nutraceuticals Market Forecast, 2022-2030 (in $Bn) XX
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
▪
Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report
▪
In this section you will get an understanding of the overall OTC and Nutraceuticals market in Thailand, which includes the market size, current trends and other details related to the topic
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
▪
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 18
1.6 Healthcare Scenario in Thailand
Nutritional Supplements Drug Development Process: The process of developing a Nutritional Supplements drug is complex and involves many stages, from preclinical research to clinical trials to regulatory approval. Here is a simplified diagram of the Nutritional Supplements drug development process:
o Preclinical Research: Researchers identify potential drug candidates and test them in the lab o Phase 1 Clinical Trials: Small studies are conducted to test the safety and dosage of the drug in humans o Phase 2 Clinical Trials: Larger studies are conducted to test the effectiveness of the drug in treating Nutritional Supplements o Phase 3 Clinical Trials: Even larger studies are conducted to compare the new drug to standard treatments and evaluate its safety and effectiveness
o Regulatory Approval: The drug is reviewed by regulatory agencies such as the FDA and approved for use in the US market FDA has developed several approaches to making drugs available as quickly as possible, while still ensuring their safety and effectiveness. Here are four of these approaches:
▪
Fast track is a process designed to facilitate the development, and expedite the review of drugs to treat Fast Track
serious conditions and fill an unmet medical need
Breakthrough
▪
A process designed to expedite the development and review of drugs which may demonstrate substantial Therapy
improvement over available therapy
Accelerated
▪
These regulations allowed drugs for serious conditions that filled an unmet medical need to be approved Approval
based on a surrogate endpoint
Priority Review
▪
A Priority Review designation means FDA’s goal is to take action on an application within 6 months Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 19
1.6 Healthcare Scenario: Patient Journey
Presentation
Diagnosis
Treatment
Follow up
Confirmatory Diagnosis
Complete blood count
Prevention and management of
(evaluate number &
crisis:
quality of RBCs, Hb &
• For VOC and Splenic
• Long term follow-up is required for
WBCs)
patients with SCD
Initial Diagnosis
Sequestration: HU, Endari,
Adakveo, Oxbryta
• Annual assessment: CBC and
A suspected diagnosis is
Imaging (confirm bone
• For infections: Antibiotics,
reticulocyte count, iron status, liver
usually made, based on
related changes or
Vaccines
and renal function tests, urinalysis,
physical examination and
respiratory problems)
Prenatal screening/
LDH, vitamin D level and
detailed patient and family
Neonatal screening
Bacterial cultures of
neurocognitive assessment
history
blood, sputum, urine,
• ESOD (End Stage Organ Damage)
stool (detect any
Prevention and management of
evaluation starting from age 7
infection)
complications:
• Yearly Transcranial Doppler test to
determine risk of stroke
Genetic testing (detect
• Stroke: Chronic transfusions, HU
the type of SCD)
sr
PCP, pediatrician, neonatologist,
ed
endocrinologist, cardiologist,
l
PCP, paediatrician,
PCP, pediatrician, medical geneticist,
o
neonatologist,
PCP, pediatrician, medical geneticist,
hematologist, orthopedist, psychologist
cardiologist, hematologist,
haematologist and genetic
hematologist, gynecologist and pathologist
and psychiatrist
endocrinologist, psychologist and
counsellor
psychiatrist
Depending on the organ complications,
Stakeh
the treatment involves different
specialists at different times
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 20
1.7 Health Insurance Coverage: Thailand
% of People by Type of Health Insurance Coverage
Number of People By Health Insurance Coverage
(2021)
Coverage Type
2020
2021
Change %
Uninsured
8.3
Total
327,521
328,074
With health insurance
91.7
Any health plan
299,230
300,887
0.4
Any private plan
217,896
216,366
–0.6
Any private plan
66.0
Employment-based
178,737
178,285
–0.2
Employment-based
54.3
Direct-purchase
10.2
Direct-purchase
33,869
33,555
–0.1
Marketplace
3.5
Marketplace coverage
10,924
11,389
0.1
TRICARE
2.5
TRICARE
9,165
8,299
–0.3
Any public plan
112,925
117,095
1.2
Any public plan
35.7
Medicare
58,541
60,226
0.5
Medicare
18.4
Medicaid
58,778
61,940
0.9
Medicaid
18.9
VA and CHAMPVA
2,967
3,151
0.1
VA and CHAMPVA
1.0
Uninsured
28,291
27,187
–0.4
▪
In 2021, most people (91.7%) had health insurance coverage at some point during 2021 and 8.3 % of people were uninsured for the entire calendar year
▪
More people had private health insurance (66%) than public coverage (35.7%)
▪
Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%), followed by Medicaid (18.9%), Medicare (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%)
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 21
1.8 Budget of Thailand Government for Public Insurance Proposed Budget By Category
Outlays
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2022-31
Medicare
$769
$709
$766
$841
$840
$947
$1,014
$1,085
$1,227
$1,178
$1,325
$1,412
$10,633
In Billions Of Dollars
Medicaid
$458
$521
$571
$582
$616
$645
$674
$698
$734
$768
$801
$837
$6,926
Medicare
3.7%
3.2%
3.3%
3.4%
3.3%
3.6%
3.7%
3.8%
4.1%
3.8%
4.1%
4.2%
3.7%
As % Of GDP
Medicaid
2.2%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.5%
2.5%
2.5%
2.5%
2.4%
▪
National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP)
▪
Medicare spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE
▪
Medicaid spending grew 9.2% to $734.0 billion in 2021, or 17% of total NHE
▪
Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE
▪
Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE
▪
Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE
▪
Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020
▪
Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020
▪
Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020
▪
Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7%
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 22
1.9 Mergers and Acquisitions
RCM M&A Deal Value Trend ($Bn)
RCM M&A Deal Volume Trend
$16.7
112
107
107
110
89
$11.7
82
$10.5
$7.7
$6.8
$6.0
1H 2020
2H 2020
1H 2021
2H 2021
1H 2022
2H 2022
1H 2020
2H 2020
1H 2021
2H 2021
1H 2022
2H 2022
Buyer Composition: Strategic Vs Financial (2020)
Buyer Type by Deal Size
41%
41%
42%
39%
($Mn)
59%
59%
58%
61%
Strategic Buyers
Financial Buyers
$0- $25
$25-$50
$50-$100
$100+
57% of the total deal volume are done by strategic buyers and the rest 43% are done by financial buyers in 2020 Illustrative A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 23
1.9 Mergers and Acquisitions (continued)
Latest Deals In Thailand
Amount /
Company Name
Type
Year
Key Pointers
Duration
▪
Oracle’s acquisition of Cerner is big tech’s latest foray into the healthcare system, promising better outcomes
▪
Oracle acquire Cerner through an all-cash tender offer for $95.00
per share, or approximately $28.3 Bn in equity value
Acquisition
$28.3 Bn
June, 2022
▪
Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical
Oracle acquisition of
professionals to deliver better healthcare to individual patients Cerner
and communities
▪
GSK has acquire BELLUS for US$14.75 per share of common
stock in cash representing an approximate total equity value of US$2.0 billion
▪
BELLUS is a late-stage biopharmaceutical company working to Acquisition
$2 Bn
April 2023
better the lives of patients suffering from persistent cough
▪
Acquisition further strengthens specialty medicines and
respiratory pipeline with camlipixant, a highly selective P2X3
GSK acquisition of
antagonist and potential best-in-class treatment for refractory BELLUS Health
chronic cough
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 24
1.9 Mergers and Acquisitions (continued)
Latest Deals In Thailand
Amount /
Company Name
Type
Year
Key Pointers
Duration
Merger
March 2023
Merger
Jan 2023
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 25
Thailand Nutritional Supplements Market Analysis
2. Market Size and Forecasting
2.1 Market size and forecasts (Excel and Methodology) Thailand Nutritional Supplements Market Forecast, 2022-2030 (in Click on the icon to know the
methodology and assumption
$Bn)
▪
Please be aware that this sample report
XX
is intended to provide you with a brief
XX
overview of the kind of information and
analysis that will be presented in the
final report
▪
In this section you will get an
understanding of the overall Healthcare
Insurance market in Malaysia, which
includes the market size, current trends
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
and other details related to the topic
2023
2024
2025
2026
2027
2028
2029
2030
▪
In order to obtain access to all of the
Major Markets Patient
2.74
2.82
2.90
2.94
2.98
3.02
3.07
3.12
information that you are seeking, you
(Mn)
will need to purchase the final report
Thailand Patient Size (Bn)
0.51
0.61
0.68
0.69
0.70
0.71
0.72
0.73
▪
Final report will be comprehensive and
detailed, and it will include data,
% of US Patients
18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45%
analysis, trends, and other relevant
Global Market Size (Bn $)
3,620
3,780
3,950
4,128
4,314
4,508
4,711
4,937
information related to the topic or
subject matter of interest
Thailand Market Size (Bn
61
74
84
87
91
95
99
106
$)
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 27
2.2 Snapshot of Nutritional Supplements Market Segmentation Product
Consumer Group
Formulation
Delivery Channel
Chemists/Pharm
Sports Nutrition
Infant
Tablets
acists
Direct-to-
Fat Burners
Children
Capsules
Consumer Sales
Dietary
Adults
Powder
E-commerce
Supplements
Functional Foods
Pregnant
Softgels
Geriatric
Liquid
Others
▪
In this section you will get an understanding of the segmentations which will cover the Thailand Nutritional Supplements Market
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 28
2.2.1 Market Segmentation: By Product
Thailand Nutritional Supplements Market Share, By Product (2022)
▪
Sports nutrition market in Thailand is a
significant component of the overall
nutritional supplements market
Functional Foods
▪
It has the maximum market share in
Thailand nutritional supplements
market with approximately xx%
Dietary
▪
Please be aware that this sample report
Supplements
is intended to provide you with a brief
overview of the kind of information and
Sports Nutrition
analysis that will be presented in the
final report
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
Fat Burners
▪
Final report will be comprehensive and
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 29
2.2.2 Market Segmentation: By Consumer Group
Thailand Nutritional Supplements Market Share, By Consumer Group (2022)
▪
Infant market in Thailand is a significant
component of the overall nutritional
supplements market
Geriatric
▪
It has the maximum market share in
Pregnant
Thailand nutritional supplements
market with approximately xx%
Infant
▪
Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
Adults
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data,
Children
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 30
2.2.3 Market Segmentation: By Formulation
Thailand Nutritional Supplements Market Share, By Formulation (2022)
▪
Tablets have the maximum market
share in Thailand nutritional
supplements market with approximately
Others
xx%
Liquid
▪
Please be aware that this sample report
is intended to provide you with a brief
Tablets
overview of the kind of information and
Softgels
analysis that will be presented in the
final report
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data,
Powder
analysis, trends, and other relevant
information related to the topic or
Capsules
subject matter of interest
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 31
2.2.3 Market Segmentation: By Delivery Channel
Thailand Nutritional Supplements Market Share, By Delivery Channel (2022)
▪
Chemists/Pharmacists have the
maximum market share in Thailand
nutritional supplements market with
approximately xx%
E-commerce
▪
Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
Chemists/Pharmacists
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data,
Direct-to-Consumer
analysis, trends, and other relevant
Sales
information related to the topic or
subject matter of interest
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 32
Thailand Nutritional Supplements Market Analysis
3. Market Dynamics
3.1 Market growth drivers
3.1.1 Incidence of Nutritional Supplements is increasing in Thailand, with more than 1.8 Mn new Nutritional Supplements cases expected to be diagnosed in 2023
▪
Incidence of Nutritional Supplements is increasing in Thailand, with more Incidence of Nutritional Supplements in
than 1.8 Mn new Nutritional Supplements cases expected to be Thailand
diagnosed in 2023
▪
This is driving the demand for Nutritional Supplements treatments and creating opportunities for growth in the Nutritional Supplements market
▪
Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
▪
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
2010
2022
2030
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 34
3.1 Market growth drivers (continued)
3.1.2 Death rate from Nutritional Supplements in Thailand has declined by 31% from 1992 to 2022, largely due to advances in technology and treatment options
Top countries that are leveraging
▪
Thailand has a long history of investing in Nutritional
technology in their fight against
Supplements research and treatment, and as a result, has Nutritional Supplements
become a world leader in the field
Norway
▪
IT has a robust healthcare infrastructure, including world-Austria
Denmark
renowned research institutions, hospitals, and clinics, that Belgium
are dedicated to Nutritional Supplements treatment and
Spain
research
Italy
Netherlands
▪
One of the key factors that has allowed Thailand to stay Sweden
ahead in the field of Nutritional Supplements research and Singapore
treatment is the high level of investment in Nutritional Switzerland
Supplements-related research
Israel
Australia
▪
In order to obtain access to all of the information that you are Canada
seeking, you will need to purchase the final report
France
United Kingdom
▪
Final report will be comprehensive and detailed, and it will China
include data, analysis, trends, and other relevant information South Korea
related to the topic or subject matter of interest
Germany
Japan
United States
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 35
3.1 Market growth drivers (continued)
3.1.3 In 2021, the National Nutritional Supplements Institute (NCI) received $6.4 Bn in funding from Thailand federal government to support Nutritional Supplements research and training programs
▪
Thailand government provides significant support and
Fundings from government and other
funding for Nutritional Supplements research and treatment, organizations
which is driving innovation and growth in the Nutritional Supplements market
Source
Year
Fund ($)
▪
Please be aware that this sample report is intended to
National Nutritional
provide you with a brief overview of the kind of information Supplements
2021
$ 6.4 Bn
and analysis that will be presented in the final report
Institute (NCI)
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Centers for Disease
Control and
2021
$ 501 Mn
▪
Final report will be comprehensive and detailed, and it will Prevention (CDC)
include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
American Nutritional
Supplements Society
2020
$ 150 Mn
(ACS)
Susan G. Komen
2020
$ 98 Mn
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 36
3.2 Market restraints
3.2.1 In 2020, the
3.2.2 Average cost of
3.2.3 Demand for Nutritional
average cost of a new
developing a new Nutritional
Supplements care is expected to
Nutritional Supplements
Supplements drug that is
increase by 42% by 2025, while
drug was over $150,000
ultimately approved by the
the supply of oncologists is only
per year
FDA is over $2.6 Bn
expected to increase by 28%
▪
Nutritional Supplements
▪
Regulatory requirements for
▪
There is a shortage of
treatments can be very
Nutritional Supplements
oncologists in Thailand, which
expensive and can lead to
treatments can be very stringent,
can limit access to Nutritional
financial burden for patients and
which can slow down the
Supplements treatments and
healthcare systems
approval process and limit
create barriers to growth in the
▪
Cost of Nutritional Supplements
access to new treatments
Nutritional Supplements market
treatment varies depending on
▪
Regulatory bodies, such as
▪
Oncologists are physicians who
the type of Nutritional
Thailand Food and Drug
specialize in the diagnosis and
Supplements, stage of Nutritional
Administration (FDA), require
treatment of Nutritional
Supplements, and treatment
extensive clinical trials and
Supplements
options
safety data before approving
▪
With the aging population and
new Nutritional Supplements
the increasing incidence of
treatments
Nutritional Supplements, there is
a growing demand for
oncologists
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 37
Thailand Nutritional Supplements Market Analysis
4. Competitive Landscape
4.1 Major Market Share
Revenue of Major players in Thailand Nutritional
▪
Thailand Nutritional Supplements market is
Supplements Market ($ Mn)
a highly competitive space, with many
companies developing and marketing
Other
Nutritional Supplements treatments
▪
Some of the top companies in Thailand
Nutritional Supplements market based on
revenue and market share include
▪
In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
XX
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 39
4.2 Key Company Profile
Key Note:
1
Mega We Care
▪
Here is the list of top 10 companies which
will cover in the final report
2
Amway
▪
Each company will have slides for
o Overview
3
Herbalife
o Key details
4
Giffarine Skyline Unity
o Offerings
o Name of products
5
Abhaiherb
o Recent activities/ Press Coverage
o Distribution and Vendor Partners
6
Win Health Pharma
o Mergers, Acquisitions and
Collaboration
7
Venture Life Healthcare
o Financials
8
Vox Nutrition
▪
If there are specific companies that you
would like to be included in the report,
please let us know via email
9
Divi’s Nutraceutical
▪
In order to obtain access to all of the
information that you are seeking, you will
Matsun Nutrition
10
need to purchase the final report
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 40
4.2.1 Mega We Care
Solutions offered by Mega
Founded in: 1982
▪ Mega Lifesciences public business limited is actively involved in ensuring that millions of people have access to high-quality
➢ Blood Circulation and Memory
HQ: Thailand
nutritional and herbal supplements and pharmaceuticals that are safe and effective
➢ Bone and Joint Care
Type: Public
▪ Mega manufactures, markets, sells, and distributes premium
➢ Digestive and Liver Care
pharmaceutical, nutraceutical, and Fast Moving Consumer Goods Revenue: $348.7 Mn
(FMCG) from Thailand to the rest of the globe
➢ Heart Care
▪ Their manufacturing facilities are located in Thailand and Australia Website: www.mega.com
➢ Vitamins
Key Products
Recent Activity / Press Coverage
Products
Indications
Mega features in Thailand Stock Exchange’s list of 170 companies for Immunity booster and Collagen
sustainability practices
NAT C
formation
Livolin Forte
Improves liver functioning
Mega features in Forbes Asia’s best under a billion for a second consecutive year
Ferrovit
For Iron Deficiency Anemia
Vitacap
Multivitamins to improve overall health
Mega features in Forbes Asia’s best under a billion 2021
Ginsomin
Wellness formula for men
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 41
4.2.1 Mega (continued)
Partnerships Ecosystem
Major Distribution Partners
Major Vendor Partners
One of the largest pharmaceutical
Mega has been working with SAP, a leading
distributors in the United States, McKesson
software company, to develop digital
has been a long-standing distribution
solutions for its healthcare products
partner for Mega
Cardinal Health is a Fortune 500 healthcare
A leading Swiss biotechnology company,
services company that provides
Lonza provides Mega with contract
pharmaceutical distribution services to
manufacturing services for the production of
Mega
its biologics and pharmaceuticals
It is one of the largest drugstore chains in
Mega has a strategic partnership with
the United States and Europe, and its
Microsoft to leverage its cloud computing
extensive network of retail locations and
and AI technologies in the development of
distribution centers make it an important
new healthcare products
distribution partner for Mega
Thermo Fisher Scientific is a leading
A leading healthcare services provider in
provider of analytical instruments, reagents,
Asia, Zuellig Pharma is a distribution
and laboratory services
partner for Mega in several Asian countries
One of the largest pharmaceutical
GE Healthcare provides Mega with
wholesalers in Europe, PHOENIX Group
advanced medical imaging and diagnostics
distributes Mega's products in several
technologies, including CT scanners and
European countries
MRI machines
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 42
4.2.1 Mega (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
▪
Mega and Lilly will collaborate on the development of Mega Diagnostics’ Elecsys Amyloid Plasma Panel
▪
Elecsys Amyloid Plasma Panel has demonstrated clinical
Collaboration
-
March, 2023
performance and is currently undergoing additional investigation Lilly
to ensure clinical validation
▪
Once approved, could help healthcare professionals to streamline the journey to diagnosis for more patients
▪
Mega to acquire GenMark Diagnostics for US$ 24.05 per share with the expectation to close in the 2nd quarter of 2021
▪
GenMark provides molecular diagnostic tests that are designed to detect multiple pathogens from a single patient sample
Merger
$1.8 Bn
March 2021
GenMark Diagnostics
▪
GenMark’s ePlex platform delivers rapid and actionable results so clinicians can determine the cause of infection and the most effective treatment, potentially saving lives and alleviating the healthcare burden
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 43
4.2.1 Mega (continued)
Revenues ($Bn), 2020-2030
▪
According to Mega's 2020 financial report,
the company had sales of CHF 58.3 Bn
(Swiss Francs) in 2020
▪
This is equivalent to approximately $63.3
Bn USD, based on exchange rates at the
XX
end of 2020
▪
Company's Pharmaceuticals Division
generated sales of CHF 49.9 Bn in 2020,
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
while the Diagnostics Division generated
sales of CHF 8.4 Bn
Breakdown of Net Revenue by Segment, 2022
▪
Revenue generated by Mega in 2020
reflects the company's continued growth
and success in the healthcare industry
▪
In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
1
2
3
4
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 44
4.2.2 Company 2
Solutions offered by Company
Founded in:
HQ:
Type:
Revenue:
Website:
Drugs for
Nutritional
Recent Activity / Press Coverage
Supplements
Drugs
Indications
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 45
4.2.2 Company 2 (continued)
Partnerships Ecosystem
Major Distribution Partners
Major Vendor Partners
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 46
4.2.2 Company 2 (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 47
4.2.2 Company 2 (continued)
Revenues ($Bn), 2020-2030
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
xx
xx
xx
report
▪
In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
availability
▪
In order to obtain access to all of the
Breakdown of Net Revenue by Segment, 2022
information that you are seeking, you will
need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
1
2
3
4
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 48
Thailand Nutritional Supplements Market Analysis
5. Reimbursement Scenario
5.1 Reimbursement Regulation
Medicare and Medicaid together provide
The reimbursement scenario in the US Nutritional Supplements market is health insurance coverage for more than
complex and can vary depending on the specific treatment, setting of care, and insurance coverage. Here are some key points to consider: 4 in 10 Americans
▪
Medicare:
o Medicare is a federal health insurance program for people aged 65 and Other Public
older, as well as people with certain disabilities or health conditions 1%
o Medicare covers many Nutritional Supplements treatments, including Other Private
chemotherapy, radiation therapy, and some immunotherapies 3%
Uninsured
o
9%
However, coverage can be subject to strict guidelines and restrictions, Medicare
17%
such as the requirement for prior authorization
▪
Medicaid:
o Medicaid is a joint federal-state program that provides health insurance for people with low incomes
o Medicaid coverage for Nutritional Supplements treatments can vary by Medicaid
and CHIP
state, and may be subject to limits on the amount and type of treatment 21%
covered
▪
Private Insurance:
o Private insurance coverage for Nutritional Supplements treatments can Employer-Sponsored
49%
also vary widely depending on the insurer and the specific policy o Some policies may have high out-of-pocket costs, such as deductibles and co-pays, while others may have more comprehensive coverage Health Insurance Coverage, 2022
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 50
5.1 Reimbursement Regulation (continued)
▪
Affordable Care Act:
o Affordable Care Act (ACA) includes provisions to help improve access to Nutritional Supplements treatments by requiring insurers to cover certain preventive services, including Nutritional Supplements screenings, without co-pays or deductibles o It also includes protections for people with pre-existing conditions, such as Nutritional Supplements
▪
Reimbursement for New Treatments:
o Reimbursement for new Nutritional Supplements treatments can be a complex and lengthy process, as insurers and government programs often require evidence of safety and effectiveness before providing coverage o This can create challenges for companies developing and marketing new treatments
▪
Value-Based Care:
o There is a growing trend towards value-based care, which aims to improve outcomes and lower costs by focusing on the value of treatments rather than simply the volume of treatments o Value-based care models can include payment models that tie reimbursement to outcomes or performance metrics In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 51
5.1 Reimbursement Regulation (continued)
Coverage Penetration (% Total Population)
Source of Funding
Spend on Healthcare (%of Current Health Expenditure)
100%
100%
100%
100%
100%
0%
Government Expenditure
0%
xx
xx
xx
xx
xx
7%
%
Public Healthcare
44.
0
8%
46.
.
47.
15
51.
Private Health Insurance
Coverage
Out of Pocket
Private Coverage
9%
1%
6%
5%
5%
38.
37.
35.
32.
31.
Other
NA
NA
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Public healthcare coverage is provided by the government and includes programs like Medicare and Medicaid
6.3%
4.08%
5.1%
3.8%
2.2%
2.4%
3.6%
GDP Growth (yoy)
Medicare is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities 14.7%
11.3%
15.5%
7.5%
4.2%
NA
NA
HC Spend Growth (yoy)
Medicaid is a joint federal-state program that provides healthcare coverage to individuals with low income and limited resources
Reimbursement Market Trends
▪ Shift towards value-based care has been a significant trend in the US healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs
▪ This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 52
5.2 Reimbursement Process for Diagnosis of a Disease
The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule
▪
Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 53
5.3 Reimbursement Process for Treatment of a Disease
The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare FDA
provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a Market Authorization
service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service Private Payers
Public Payers
provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment Health Technology Assessment
provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other 1
2
3
payer reimburses the healthcare provider for the service provided, Coding
Coverage
Payment
based on the negotiated payment rates or fee schedule
Coding depends on availability code while coverage and
payment process decisions are made through an HTA.
Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 54
5.4 Reimbursement Process - Medicare
Medicare
▪ 100% population is covered under this scheme
Population Covered
▪ Citizen’s contribute to this scheme which then earns an interest. There is Basic Healthcare Sum (BHS) cap which limits the maximum contribution to an individuals Medicare account
Provider Restrictions/
Services can be claimed from Medicare-approved institutions only (14 public hospitals, 10 private hospitals, 7 public community centers, 1 private community Selection
center and over 100 surgery centers, dialysis centers, colonoscopy centers and screening centers)
▪ Medicines under SDL and MAF Plus can be bought from the money saved in this account
▪ Money can be also be claimed for antiretroviral drugs for HIV, Desferrioxamine drug for treatment of thalassemia and immuno-suppressant drugs for organ transplant
▪ Money from this account can be used to pay Medishield premiums and Integrated Shield Plan premiums, subject to withdrawal limits Services Covered
▪ Patients above 65 years of age can claim under Flexi-Medicare and further reduce their out-of-pocket expenses by using up to $200 per patient per year from their Medicare account
▪ Excluded: Traditional drugs such as Herbal and Ayurveda cannot be claimed from Medicare account; Drugs used for cosmetic purposes such as slimming pills and hair loss pills cannot be claimed from this account
▪ Approved chronic conditions and vaccinations, health screenings as outpatient treatments can be paid with Medicare up to $500 per account per year, however a cash copayment of 15% is applicable
▪ Inpatient hospitalization, up to $450 per day + surgical limits according to Table of Surgical Procedures
▪ Approved day surgeries up to $300 per day + surgical limits according to Table of Surgical Procedures Level of Coverage/ Assurance
▪ Outpatient scans/ diagnostics for Nutritional Supplements up to $600 per year per patient, and up to $300 for other medical conditions
▪ Chemotherapy (includes analgesic medication and suppressive treatments such as neuroendocrine and nuclear medicine treatments) up to $1,200 per month per patient
▪ Renal dialysis up to $450 per patient per month
▪ Other treatments are also approved with various sub-limits for withdrawal
▪ DRG with Activity Based Funding for public providers
Mechanism of Coverage
▪ Block funding with DRG for providers not covered under ABF
Financial Feasibility
▪ The Basic Healthcare sum has been increased by more than 4.4% in 2017 on account of increasing costs of healthcare. This is an individual account Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 55
5.5 Reimbursement Process - Medicaid
Medicaid
▪ 38% population is covered under this scheme
Population Covered
▪ Medicare covers individuals who are aged 65 and older, as well as those with certain disabilities or end-stage renal disease Provider Restrictions/
Services can be claimed from Medicaid-approved institutions only (14 public hospitals, 10 private hospitals, 7 public community centers, 1 private community Selection
center and over 100 surgery centers, dialysis centers, colonoscopy centers and screening centers)
▪ Medicines under SDL and MAF Plus can be bought from the money saved in this account
▪ Money can be also be claimed for antiretroviral drugs for HIV, Desferrioxamine drug for treatment of thalassemia and immuno-suppressant drugs for organ transplant
▪ Money from this account can be used to pay Medishield premiums and Integrated Shield Plan premiums, subject to withdrawal limits Services Covered
▪ Patients above 65 years of age can claim under Flexi-Medicaid and further reduce their out-of-pocket expenses by using up to $200 per patient per year from their Medicaid account
▪ Excluded: Traditional drugs such as Herbal and Ayurveda cannot be claimed from Medicaid account; Drugs used for cosmetic purposes such as slimming pills and hair loss pills cannot be claimed from this account
▪ Approved chronic conditions and vaccinations, health screenings as outpatient treatments can be paid with Medicaid up to $500 per account per year, however a cash copayment of 15% is applicable
▪ Inpatient hospitalization, up to $450 per day + surgical limits according to Table of Surgical Procedures
▪ Approved day surgeries up to $300 per day + surgical limits according to Table of Surgical Procedures Level of Coverage/ Assurance
▪ Outpatient scans/ diagnostics for Nutritional Supplements up to $600 per year per patient, and up to $300 for other medical conditions
▪ Chemotherapy (includes analgesic medication and suppressive treatments such as neuroendocrine and nuclear medicine treatments) up to $1,200 per month per patient
▪ Renal dialysis up to $450 per patient per month
▪ Other treatments are also approved with various sub-limits for withdrawal
▪ DRG with Activity Based Funding for public providers
Mechanism of Coverage
▪ Block funding with DRG for providers not covered under ABF
Financial Feasibility
▪ The Basic Healthcare sum has been increased by more than 4.4% in 2017 on account of increasing costs of healthcare. This is an individual account Illustrative
A Sample Report on Thailand Nutritional Supplements Market Analysis I Confidential 56
Thailand Nutritional Supplements Market Analysis
6. Methodology & Scope
▪
Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions
▪
We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources
▪
For forecasting, the following parameters are considered:
❑
Market drivers and restraints along with their current and expected impacts
❑
Technological scenario and expected developments
❑
End use industry trends and dynamics
❑
Trends in the consumer behavior
❑
Regulatory scenario and expected developments
❑
Current capacity and expected capacity additions up to 2030
▪
We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate
▪
We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions
▪
All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs)
▪
Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn)
Analysis Methodology
Our Analysis Methodology involves three critical stages: Data
Market Data Analysis
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Presentation
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Analysis &
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Research
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services offered by companies
Summary
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Key Benefits for Stakeholders from this Report Study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets
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Comprehensive analysis of factors that drive and restrict the market growth is provided Comprehensive quantitative analysis of the industry from 2022 to 2030F is provided to enable the stakeholders to capitalize on the prevailing market opportunities
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Database
Full-Time
Conference
Service
Engagement
Coverage
Competitive
Regulatory
Subscription
Intelligence
Compliance
Over the years, we have developed an in-depth experience of executing market analysis at global, regional & country specific level in life sciences.
Our team has
conducted market
research across 62+
global markets in
America, Europe,
Middle East, Africa and
Asia Pacific regions
Research Projects Done
Our Research Process
01
02
03
04
05
Identification of
Market
Collection of
Collaboration
Verification &
Data
Dynamics
Data
of Data
Analysis
Statistical Databases
Company Websites/Annual Reports
Data
Sources
Trade Publications
We have access to multiple highly
Online Databases
reliable free and subscription data
sources. We have many years of
experience to understand which
Published Research Reports
sources are more dependable for what
and which to prefer for the reliable and
Whitepapers
latest information.
Press Releases of Key Market Players
What kind of data is presented
in our reports?
Our reports present data, which is:
Reliable
Expert-verified
Real
Comprehensive
Easy to read
The report is
The data is prepared
Allowing you to
Covers everything
You do not have to
prepared using a
by a team of highly
confidently make
you would need to
be a market expert
proven methodology
qualified &
smarter business
know about the
to understand what
and insightful
experienced research
and strategic
market including
really is happening
research
analysts & vetted by
decisions
market size,
on the market and
our local associates
competitive analysis
how it works
& much more
The team
“The business decision-making process is no longer as straightforward as it used to be. It requires insights generated at the right time, based on reliable data
interpreted in a nuanced manner for each market.
We at Insights10 are building the future of market
research and are committed to providing our clients with the right intelligence and insights to make business decisions quickly and efficiently.
Insighs10 is a unique platform that combines deep
domain expertise, nuanced data at a country and
functional area level, and years of experience working with some of the best organizations in the world,
generating insights that provides substantial competitive advantage.”
Dr. Purav Gandhi
Founder & CEO
Leadership Team
Dr. Purav Gandhi
Anish Swaminathan
Mukesh Nayak
Ritu Baliya
Founder & CEO
Director
Head – Marketing & Research
Engagement Manager
Purav is a physician and an entrepreneur
Anish has 15+ years of experience
Mukesh is an engineering graduate with
Ritu has over 6 years of experience in
with 12+ years of experience in Healthcare
in management consulting in the
an MBA in Marketing. He is a seasoned
strategy building, market assessments,
& Life Sciences industry spanning across
Life Sciences sector, and has
healthcare market research & marketing
market sizing, and RWE for global MNC
strategy, market access, health informatics
worked with diverse multinational
professional with a progressive
healthcare & biopharma clients across diff.
and RWE, digital health, analytics and data
firms in the US, India, Middle East
experience of over 20 years in Life
markets (America, Europe, Africa, APAC
science. Purav studied medicine from
and APAC regions. His primary
Sciences, Pharma and Medical Device
and Middle East). Her areas of expertise
Gujarat University and also completed his
area of interest is Customer and
sectors. With an in-depth understanding
include: Indentifying emerging trends in life
MBA from IIM-Kozhikode. Purav started
Market Strategy, Market Access,
of primary research, he has conducted
sciences industry, Competitor landscape
his career with Deloitte working on strategy
and Digital Health with special
hundreds of interviews of various
assessment, Disease opportunity
consulting engagements and also co-
focus on emerging markets like
stakeholders in pharma & healthcare &
assessments etc. She is a pro in secondary
founded ConvergeHealth by Deloitte.
Africa, Middle East and APAC.
completed several research projects
and primary research with a deep domain
across life sciences industry.
expertise in healthcare sector.
Our Team
Our Clients
Our Clients
… and many more
Do you have
any questions?
We would be happy to help.
Web: www.insights10.com
Email: insights@insights10.com
Call: (+91) 931 639 7935
WhatsApp: (+91) 931 639 7935
Thank you
We truly appreciate your business and
look forward to serving you.
www.insights10.com
