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Malaysia Medical Tourism Market Is Expected A Valuation Reaching US$ 5.1 Billion By The End Of 2028

07-14-2022 12:30 PM CET | Health & Medicine

Press release from: Fact.MR

Malaysia Medical Tourism Market Is Expected A Valuation

The Malaysia medical tourism market was valued at US$ 1.2 Bn in 2020, and is projected to rise at a steady CAGR of 4.5% over the forecast period (2021-2028), with the market valuation reaching US$ 5.1 Bn by the end of 2028.

Medical tourists from all over the world are flocking to Malaysia to take advantage of its low-cost, high-quality healthcare services. Malaysia is eyeing the medical tourism sector, which has significant revenue-generating potential because patients from rich western countries are looking for high-quality, low-cost sites that provide not only medical treatments but also tourist attractions.

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Key Segments Covered in Malaysia Medical Tourism Industry Research

Malaysia Medical Tourism Market by Procedure Type:

Cardio (Internal Medicine)
ASD Closure
Radiofrequency Ablation
Watchman Device Implants
Cardio (Internal Medicine) Consultation
Cardiothoracic Surgery
Heart Valve Replacement
Coronary Artery Bypass
Heart Transplant
Cardiothoracic Consultation
Other Procedures (Cardiomyoplasty, PTMC Valve)
Bone Marrow Transplant
Oncology Consultation
Other Procedures
Fertility Treatments (IVF)
Embryo Transplants
Fertility Treatments (IVF) Consultation
Other procedures
Orthopedic Treatments
Fracture Repair
Hip Replacement
Internal Fixations
Knee Replacement
Orthopedic Consultation
Dental Treatments
Dental Implants
Dental Treatment Consultation
Other Procedures
Corneal Transplants
Ophthalmology Consultation
Other Procedures
Aesthetics/Cosmetic Surgery
Hair Transplants
Breast Augmentation Procedures
Face Lift
Tummy Tuck
Aesthetics/Cosmetic Consultation
Other Procedures
Brain Surgery
Neurology Consultation
Other Procedures
Regenerative Therapy (Stem Cells)
Stem Cell Transplant
Regenerative Therapy (Stem Cells) Consultation
Other Procedures
Medical Check-ups (Health Screening)
Kidney & Liver Transplants
Other General Consultation
Other Procedures

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Competitive Landscape

Med-tech companies in Malaysia have been discovered to be increasing their domestic manufacturing capabilities to lessen their reliance on other nations for raw materials and medical device components or products. They keep optimal inventory levels to ensure a steady supply of life-saving medical technology.

Key players are focusing on R&D initiatives to provide better troubleshooting for IT-dependent medical technology devices. To implement technological improvements in medical equipment, they are collaborating with experts from Malaysia health care institutions.

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Critical insights enclosed in the report:

In-depth assessment of the leading market players in the Malaysia Medical Tourism Market
The regional analysis of the different market segments and sub-segments
Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
SWOT analysis of the prominent players in the Malaysia Medical Tourism Market
Y-o-Y revenue growth of the Malaysia Medical Tourism Market during the forecast period

Reasons to buy this report

To get a comprehensive overview of the Malaysia Medical Tourism Market
• To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
• To gain insights about the major countries/regions, in which the Malaysia Medical Tourism Market is flourishing

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