According to the 2024 World's Best Hospitals rankings, Bumrungrad International Hospital in Thailand ranked 130th, improving from 182nd place last year. Additionally, Thailand is home to wellness retreats and retirement hubs, which have the potential to significantly increase the country's revenue.

Thailand is pushing forward to become a global Medical Hub, and Medical Tourism has already generated substantial income. In 2019, medical tourism brought in $2.6 billion. Due to the COVID-19 pandemic in 2020, revenue decreased by approximately $900 million, and in 2021, it dropped further to $8 million.

However, since 2022, the revenue has increased to $2.4 billion. In 2023, it is expected that Thailand will generate at least $2.9 billion from medical tourism. On average, medical tourists spend 3 to 5 times more than regular tourists. In 2024, this income is expected to increase even further, as medical tourists from neighboring countries like Myanmar, Cambodia, as well as Japan, Ethiopia, and China, continue to visit Thailand for health check-ups.

Recently, Newsweek, in collaboration with Statista, announced the World's Best Hospitals 2024, covering 30 countries and 2,400 hospitals, with data gathered from January 1 to December 31, 2023. The rankings were based on four criteria:

    1. An online survey of over 85,000 physicians, hospital executives, and healthcare workers.

    2. Patient satisfaction surveys after treatment at hospitals.

    3. Key hospital quality indicators such as hygiene measures, patient safety, and the ratio of patients to doctors or nurses.

    4. Statista’s survey using Patient Reported Outcome Measures (PROMs)

The World's Best Hospitals 2024 rankings show that Thailand's Bumrungrad International Hospital has been consistently ranked for four consecutive years. For the World's Best Hospitals 2024 - Thailand, the top-ranked hospitals are mostly private institutions. ArokaGO highlights the top 15 hospitals in Thailand with the highest scores as follows:

   1. Bumrungrad International Hospital – 93.00%

   2. Siriraj Piyamaharajkarun Hospital – 87.34%

   3. Samitivej Sukhumvit Hospital – 84.15%

   4. King Chulalongkorn Memorial Hospital, Thai Red Cross Society – 83.92%

   5. Ramathibodi Hospital – 83.72%

   6. MedPark Hospital – 76.54%

   7. Bangkok Hospital – 75.35%

   8. Thonburi Hospital – 71.90%

   9. Praram 9 Hospital – 71.79%

   10. Rajavithi Hospital – 71.77%

   11. Bangkok Christian Hospital – 71.76%

   12. Bangkok International Hospital – 71.75%

   13. Bangpakok 9 International Hospital – 71.74%

   14. Yanhee Hospital – 71.73%

   15. Samitivej Srinakarin Hospital – 71.72%

These rankings reflect the potential of hospitals under the Ministry of Public Health (MoPH) in providing services, as recognized by both medical professionals and the public. The MoPH will continue to improve the healthcare and public health systems to ensure that people receive convenient, efficient, and high-quality services.

Sources:Statista's website.