Malaysia, Kuala Lumpur –
25 August, 2009:
Healthcare expenditure in Malaysia is increasingly
driven by increased privatization within the healthcare
service provision and upgrading of existing healthcare
infrastructure within the public sector. The market
for healthcare services has also received positive
impetus from growing promotion of health tourism
and development activities.
According
to Frost & Sullivan Senior Consultant, Dr Pawel
Suwinski, ‘Malaysia healthcare tourism trend
grew at a rate of 25.3 percent CAGR since 1998,
while
revenues posted a growth of 37.9 percent during
the same period. Revenue per patient has also grown
2.5 fold from USD92 in 1998 to USD241 in 2008. By
year
2010, medical tourism revenue per patient is estimated
to reach USD590 M. This signifies the growth of
foreign confidence in more advanced medical care
services in Malaysia. Most international patients
come from neighboring countries with less developed
medical infrastructure (i.e.: Indonesia), and other
developed countries from the West. Malaysia is also
a prefer destination for these international due
to the higher foreign exchange in Singapore and
unstable political scene in Thailand.
In
the year 2006, bulk of foreign patients came from
Indonesia (65-70 percent), followed by Japan (5-6
percent), Europe (5 percent) and India (3 percent).
Moreover, patients from Middle Eastern countries
(i.e U.A. E, Qatar and Saudi Arabia) posted an upward
trend in the past.
‘Malaysia
government as well, has set up several referral
gateways to further enhance the availability of
this facility. One of it is the health tourism website
(www.malaysiahealthcare.com) to assist medical tourist
globally. Private hospital groups and major private
hospital providers have set up their respective
referral
system,’ Suwinski further elaborates.
Gleneagles
Intan and Pantai Medical Groups have set up international
customer departments specifically catered towards
admission and support of International
patients. KPJ Medical Group, Mahkota Hospital and
Subang Jaya Medical Center established tie ups with
several renowned travel agencies and hotels to provide
comprehensive tourism packages in conjunction with
healthcare services as well as set up representative
or referral offices.
Healthcare
in Malaysia is mainly dominated by private hospitals.
Since 2002 - 2006, 62 percent of the total hospitals
in Malaysia are privately owned. The number of private
hospitals increased dramatically from 50 in 1980
to an estimated of 223 private hospital last year.
The government however, has constructed 10 public
hospitals in the past 4 years which brings the total
number of public hospitals to 140 last year from
130 in 2003.
Healthcare tourism is certainly
an emerging business that will bring in various
opportunities. To further enhance the success of
this sector it is essential to look into equal distribution
of hospitals and clinics in all regions, supplying
experience and quality doctors, enhance quality
of care provider in the public sector and developed
medical technology infrastructure in most hospitals.
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