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Strong government support to boost medical tourism industry

Strong government support to boost medical tourism industry

The Malaysian medical tourism industry is going through a phenomenal growth phase, offering immense opportunities for players involved in the business. The industry is strongly supported by the Malaysian Government with numerous promotional activities, attractive offers in the form of incentive and favorable guidelines which is providing the requisite boost to the growth of country’s medical tourism industry. Considering the above factors, the Malaysia medical tourism industry is projected to grow at a CAGR of around 12.78% during the forecast period 2013-2017.

As per our research “Booming Medical Tourism in Malaysia”, Malaysia has emerged as a leading medical tourism destination worldwide. The industry is exhibiting a stupendous growth over the past few years, owing to expertise doctors, increasing number of corporate

hospitals, high success rate of complex surgeries, and almost zero waiting-time. Above all, advantageous cost-effective treatment in Malaysia coupled with the unique combination of treatment and vacation is attracting foreigners to visit the country for treatment of various medical requirements. Besides, top level healthcare facilities and highly skilled doctors are propelling Malaysian medical tourism industry.

Our report provides an in-depth research and rational analysis of the current status and future growth prospects of the medical tourism Industry in the country. The report exhibits the emerging trends in country which are boosting the medical tourism industry in the country. Additionally, the report also covers analysis of major market segments of medical industry in Malaysia coupled with the study of existing medical infrastructure in the country. Other than that, to provide a comprehensive knowledge, the research also includes the cost analysis and government initiatives which are propelling medical tourism industry in the country.

Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the key developments of these players in the country. In all, the report presents a comprehensive look at the sector’s past, present, and future scenario.