- Medical technology company Stryker has expanded its Bangkok office and upgraded its physician training centre to accelerate the introduction of its innovative medical technology to support Thailand’s public health system, and better support the needs of growing customer bases in domestic and adjacent markets such as Taiwan and Canada.
- The expansion of Stryker’s operations in Thailand reflects the company’s commitment to providing better solutions to patients and supporting Thailand’s public health system. Stryker’s innovative medical technology will support the changing healthcare needs of the country’s population, which is projected to have an elderly population exceeding 25% in the next decade.
- Stryker will continue to work closely with the public health sector, government, and medtech to support the advancement of Thailand’s healthcare system, and the expansion of Stryker’s operations in Thailand will further support the country’s efforts to improve its healthcare system.
Thailand’s health industry can look forward to a boost this year with the expansion of capacity by a prominent medical technology company. The privately held company, which specializes in producing high-tech medical equipment, is planning to expand its production in Thailand to increase its output of medical devices and equipment.
The company, which has been operating in Thailand for several years now, has recently announced plans to double its production capacity, with an investment of over $10 million. The company is currently in the process of expanding its main manufacturing facility in Thailand which will enable it to increase its production capacity.
This is very good news for Thailand’s healthcare industry, as it is a clear indication of the country’s growing importance as a major hub for medical technology. With the expanded capacity, the company will be able to produce more equipment to meet the increasing demand for medical supplies from Thailand and other countries in the region.
The expansion of the company will not only increase the supply of much-needed medical equipment but also create job opportunities for the Thai workforce. It is expected that the company will create around 200 new jobs, which will benefit the local economy and help to address the country’s unemployment problem.
The Thai Ministry of Public Health has welcomed the company’s expansion plans, citing it as a shining example of the country’s commitment to developing its medical technology industry. This expansion is an excellent step towards a more innovative and efficient healthcare system in Thailand, which will ultimately benefit the patients and hospitals in the country.
As the COVID-19 pandemic has put additional pressure on Thailand’s healthcare system, this expansion of capacity by a prominent medical technology company comes at a crucial time. With the additional production capacity, Thailand will be better equipped to meet the increasing demand for medical equipment and devices. This is undoubtedly excellent news for the local economy and the healthcare sector as a whole.