Thursday, January 14, 2010

Healthcare Infrastructure Driving Medical Tourism in Malaysia

According to our new research report titled "Malaysia Medical Tourism Outlook 2012", medical tourist arrivals in Malaysia will continue growing at fast pace. With the developed healthcare infrastructure, medical tourist arrivals in Malaysia are forecasted to grow at a CAGR of over 23% between 2009 and 2012.

As per our findings, Malaysia has one of the most developed health care infrastructures in the region and is considered as the paradise for healthcare facilities and hospitals. Malaysia presents a tough competition to its regional rivals in terms of cost and is much superior in terms of healthcare services, healthcare infrastructure, English speaking staff, foreign-trained specialist doctors, and strict government regulations on maintaining high standards of healthcare delivery systems. With all these advantages, Malaysia appears as the most promising market for medical tourism.

Moreover, the report says that better services at private hospitals in Malaysia are also fueling the growth of medical tourism in Malaysia. Here it is noted that healthcare system is Malaysia is dominated by private hospitals. At the end of 2008, there were 144 public hospitals and 224 private hospitals in Malaysia, which means private hospitals accounts more than 60% of total number of hospitals in the kingdom. Increasing healthcare expenditure in Malaysia is the major driving factor behind the growth of private hospitals infrastructure. The total healthcare expenditure grew at a CAGR of 13.7% from 2003 to 2008, reaching US$ 7.6 Billion in 2008.

Our research report "Malaysia Medical Tourism Outlook 2012" provides an in-depth analysis of the present and future prospects of the Malaysian medical tourism industry. It looks into Malaysia's medical tourism industry in detail with the focus on different parameters like inbound tourism, expenditure by inbound tourists, healthcare infrastructure, etc. This report provides strategic insight to clients so that they can evaluate the opportunities for their success in the Malaysian medical tourism industry.

The research also features forecast on vital industry segments, including forecast for ASEAN tourism, international tourist arrivals, international tourism receipts, medical tourist arrivals and medical tourism receipts.

1 comment:

  1. Its a shame that there are no active Malaysia Medical Tourism Facilitators on portals like Kosansh.com, placidway.com, etc.

    Facilitators can definitely market Malaysia as a key destination. And definitely looking at this report, Malaysia has great potential in Medical Tourism.

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