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Infrastructure Developments to Drive Medical Tourism in Malaysia

Oct 31, 2009
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Medical tourism has become the most emerging segment of the Malaysian tourism industry due to the country's medical superiority, its excellence in healthcare services and well-trained medical staff. RNCOS has recently released a market research report "Malaysia Medical Tourism Outlook 2012" wherein it states that revenue generation from the medical tourism industry in Malaysia is projected to grow at a CAGR of around 23% during 2009-2012.

The new research report contains an extensive and unbiased analysis of the medical tourism market ranging from foreign patients arrivals to industry roadblocks that may retard growth pace in future. After thorough examination of the industry, we have found that low cost treatment is the most important factor attracting patients from both developed and developing countries in Malaysia. The report also includes comprehensive discussion on cost differences for various treatments in Malaysia in comparison to other countries like India, Thailand, Singapore and the USA. Besides, we have identified other key areas which will serve as benchmark for the growth of medical tourism industry.

Apart from cost analysis, the report has focused its study on other reasons that have given strong impetus to the medical tourism market, such as investment in healthcare infrastructure development, number of internationally acclaimed hospitals, expenditure by international tourists, etc. Pouring of investments in the healthcare sector has brought healthcare facilities and infrastructure almost equivalent to standards in the first world countries.

We believe that efforts and initiatives taken by the government play a critical role in the development of medical tourism industry. In this regard, our research study provides a complete overview of government initiatives to give deep insight into how the industry will respond to these steps in coming years.

"Malaysia Medical Tourism Outlook 2012" is a comprehensive report that provides information of a whole range of topics from key competitors to new market trends. This will help clients in understanding the market in a better way and provide an additional edge over other competitors in the market.

For more information visit: http://www.rncos.com/Report/IM211.htm


Related Press Releases:
» Improving Healthcare Infrastructure taking Asian Medical Tourism to Higher Level
» Rising Spa Tourism Driving Malaysian Medical Tourism
» Medical Tourism Market in India to Soar at a CAGR of 27%
» Thailand Dominating the Asian Medical Tourism Industry
» Medical Tourism Market to Flourish in Malaysia
 
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