Medical tourism helps push Bangkok Dusit Medical Services to top

 

Bangkok Dusit Medical Services now has a market value of US$13 billion (S$17.8 billion), surpassing Malaysia's IHH Healthcare, to take the mantle of largest developing-nation company in the industry.

Bangkok Dusit's revenue from foreign patients accounted for almost one-third of sales after rising 10% in the first half of this year from a year ago, according to KT Zmico Securities Co. The four largest markets were Japan, China, the United Kingdom and Myanmar. Growth from China was 30% in the same period.

Bangkok Dusit operates 45 hospitals under six brands in Thailand with a combined 8,000 beds. Much of its expansion has come through acquisitions, including hospitals and "wellness centres" in resort hubs such as Phuket and Samui.

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