Subscribe Now

travelers today

Home » Travel Tips

Medical Tourism In Malaysia: A Growing Industry the Government Encorages and Officially Supports

Travelers Today       By    Karen Fredrickson

Updated: May 25, 2013 11:31 AM EDT

Text Size: A A A

Malaysia
Medical tourism is booming in Malaysia.(Photo : Wikimedia)

Medical tourism is going through a booming growth phase, according to Research and Markets. Medical tourism in Malaysia is ranked among the top five destinations for health tourism. The growth provides many opportunities for those in that industry, and the Malaysian government even has a web site devoted specifically to medical tourism.

"We are proud to be among one of the only countries within the region where medical tourism is promoted by the government," reads the web site. "This thus provides medical tourists the assurance on quality care, regulations, safety standards and the governing laws within this industry.

Share This Story

"Malaysia healthcare offers specialties in various medical disciplines and performs some of the most complicated treatments in the world," the site continues. "Today, the medical practices in Malaysia are at par with some of the best in the world, incorporating both sophistication as well as international expertise."

The market is growing despite a global economic downturn, with growth in every field of medical treatment. The market attracts 8.5 percent of all U.K. medical tourists.

Medical tourism is when people seek health care in another country to receive treatment at lower costs, and with the ever increasing costs of healthcare in the U.S. and other developed countries, many people are seeking more affordable treatment options in Malaysia.

The latest research study, "Booming Medical Tourism In Malaysia," found the areas offering the most promising possibilities for growth in the medical industry. Factors such as cost-effective treatments, skilled medical professionals and government support are driving the growth.

The report analyzes the medical tourism market in multiple aspects. It includes the existing medical infrastructure including hospitals, human resources in the healthcare field, and technological developments.  The report also looks at what is driving the market to provide a more thorough understanding of market dynamics. This is intended to aid companies in their business strategies and to provide them with information that will increase profits, comparing the cost of treatment in Malaysia with the costs in other countries.

The report also breaks the market down into eight major segments. This has found that alternative medicine is a growing market in Malaysia. Tourists are interested in the practices that cure illnesses as well as increase the resilience of the immune system without side effects.

Finally, the study covers the major players involved in the industry and their recent developments so clients have a clear understanding of the best strategy to pursue when looking into the market, allowing them to determine the best strategy when looking to participate, whether in receiving treatment as a participant in medical tourism or as an investor.

© 2014 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

ADVERTISEMENT

Travel Tips

Lake Tahoe, NV, Sand Harbor (2) 9-2010

5 Ways to Have a More Active Vacation

For those of us who like to live an active lifestyle here are some tips for staying active while you're on vacation where it can be very difficult.

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Want more Travel?

Most Popular

Car

Canada Hit-And-Run Attack Perpetrator 'Radicalized?' Authorities Cite Similar Case Last Year As Basis

The Canada hit-and-run attack suspect, who was killed by the authorities after a long chase, is now believed to have been "radicalized" because of the on-going terrorism in the country.

Eric Matthew Frein

Pennsylvania Man Hunt: Schools Close As Man Hunt Drags On, Eric Frein Spotted In Close Proximity To Schools, Children Unsafe With Man Hunt Ongoing?

Pennsylvania man hunt of Eric Frein has dragged on to its’ second month. Frein is wanted for the murder of a state trooper, Cpl. Bryon Dickson, last Sept. 12. Named as “extremely dangerous” by Pennsylvania authorities, Frein has already been added to FBI’s most wanted fugitives.

ISIS Militants In Syria

Denver Girls ISIS: FBI Reviewing Evidence Against Three Girls Believed To Be Heading To Syria To Join Islamic State Militants: Report

Denver Girls ISIS - At least three girls from Denver have been denied their right to travel after authorities found out that they were heading to Syria via Turkey. The FBI is looking into evidence that could prove the girls' intention of joining the Islamic State militants.

Caribbean Princess, Dublin Port

Ebola-Risk Hospital Worker Boards Caribbean Cruise Ship; U.S. Officials To Limit Their Public Appearances

An Ebola-risk health care worker boarding a cruise ship is being isolated despite not showing any signs and symptoms of the deadly disease while U.S. officials asked the health workers exposed to the Ebola infected patients to limit public appearances.

Defective Takata airbags prompted the recall of about 247,000 Toyota model vehicles.

Takata Airbag Recall 2014: Toyota Withdraw Models For Defective Inflators

Takata airbag defect prompts the recall of several Toyota Motor Corp models in the United States on Monday.

Vials

Cure For Ebola Found: Canada To Ship 800 Vials of Experimental Vaccine, China Claims To Have Found Cure

Cure for Ebola found – Canada is reported to send out 800 vials of an experimental drug set out to cure the Ebola outbreak. The cure for Ebola found is an experimental drug named VSV-EBOV. All 800 vials had been tested on primates and showed positive results.

California Drought Map

California Drought Map Reveals 58% Of State Suffers Deficiency Of Water Supply Amid Imminent Winter Season

California's drought map still shows an alarming phenomenon at the Golden State wherein 58% of the area is suffering from deficiency of water supply, be it atmospheric, surface or ground water.

Daniela Poggiali

Nurse Kills 38 Patients Because She Got Annoyed; Co-Workers Say Italian Nurse Daniela Poggiali Is 'Cynical And Vindictive'

Nurse Kills 38 Patients - Italian nurse Daniela Poggiali is one healthcare professional you should be wary of if ever you get confined in a hospital in Italy. For one thing, she is notorious for killing up to 38 patients after she got completely annoyed of them or of their families.

Cattle Return From Alpine Summer Grazing

World's Tallest Cattle Found In Illinois, How Tall Is Blosom The Cow?

World’s tallest cattle is found in Illinois. Owned by Patty Hanson, Blosom the cow has been named Guinness World Records’ tallest cow. How big and tall exactly is Blosom?

Grizzly Bear

Man, 56, Attacked By Bear Shot Accidentally By Hunting Partner Who Tried To Save Him From The Beast

A man attacked by bear was shot by his friend while the latter was attempting to spare him from the brutal attack of the beast.

Find Us on Facebook

travelers today

© Copyright 2014 Travelers Today All Rights Reserved.

Subscribe to our newsletter
Real Time Analytics