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Malaysia Medical Tourism Market is Expected to Reach at US$ 5.1 Bn By 2028

Posted on October 21, 2022October 21, 2022 by Shambhu Jha

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.

Market growth is mainly driven by those coming in for cosmetic surgery procedures, which contributes around 17% share to the overall market size.

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The cosmetic surgery segment dominated the Malaysia medical tourism market with a 17% share in 2020.

Rhinoplasty, breast enlargement, hair restoration, and facelift operations are just a few of the cosmetic procedures available. The growing importance of attractive facial features in people’s lives is boosting the demand for cosmetic surgery in Malaysia.

The number of medical tourists visiting Malaysia is growing year after year, thanks to factors such as good healthcare infrastructure, competitive and modern medical facilities, government backing through promotional programs, and highly competent medical staff.

Through this report, reader gets insights and assessments on following aspects:

  • Latest guidelines in important sectors influencing the overall demand in the Malaysia Medical Tourism market
  • Detailed profiling of diverse companies operating in this market
  • Important trends underlining high investments by top shareholders in diverse countries
  • Shifting consumer preferences and latest trends in key industries
  • Latest opportunities for investments in diverse technology and product/service types
  • Varying demand and consumption of diverse product segments

The insights and estimations offered in this report are the output of consistent research by Factmr analysts. The unique approach and effective guidance offered in this report will help stakeholders to comprehend the growth dynamics of the Malaysia Medical Tourism market.

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This study offers all-inclusive data on:

  • Important guidelines and standards implemented by government bodies together with spotlight on potential changes in the post-COVID period
  • Study of policies in developed as well as developing countries to comprehend what aspects are important in assisting players to bounce back after COVID-19 outbreak
  • Assessment of size and shares of important product segments
  • Study of various technologies that are playing key role in fueling the demands in Malaysia Medical Tourism market
  • Synopsis of present and potential research and development activities by private Malaysia Medical Tourism industry player as well as public institutions
  • Detailed study of the monetary disruptions that are likely to stay for few months following the COVID-19 pandemic in the worldwide locations
  • Technological advancements and healthcare infrastructures that will assist in comprehending the readiness of government bodies of diverse countries to handle such pandemic situation

Key Segments Covered in Malaysia Medical Tourism Industry Research

  • Malaysia Medical Tourism Market by Procedure Type:

    • Cardio (Internal Medicine)
      • Angiogram
      • Angioplasty
      • ASD Closure
      • Atherectomy
      • Pacemakers
      • Radiofrequency Ablation
      • Watchman Device Implants
      • Cardio (Internal Medicine) Consultation
      • Others
    • Cardiothoracic Surgery
      • Heart Valve Replacement
      • Coronary Artery Bypass
      • Heart Transplant
      • Stenting
      • Cardiothoracic Consultation
      • Other Procedures (Cardiomyoplasty, PTMC Valve)
    • Oncology
      • Bone Marrow Transplant
      • Oncology Consultation
      • Other Procedures
    • Fertility Treatments (IVF)
      • Embryo Transplants
      • Fertility Treatments (IVF) Consultation
      • Other procedures
    • Orthopedic Treatments
      • Arthroplasty
      • Arthroscopy
      • Fracture Repair
      • Hip Replacement
      • Internal Fixations
      • Knee Replacement
      • Physiotherapy
      • Orthopedic Consultation
    • Dental Treatments
      • Dental Implants
      • Dental Treatment Consultation
      • Other Procedures
    • Ophthalmology
      • Corneal Transplants
      • Ophthalmology Consultation
      • Other Procedures
    • Aesthetics/Cosmetic Surgery
      • Hair Transplants
      • Breast Augmentation Procedures
      • Rhinoplasty
      • Face Lift
      • Liposuction
      • Tummy Tuck
      • Aesthetics/Cosmetic Consultation
      • Other Procedures
    • Neurology
      • 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)
    • Others
      • Kidney & Liver Transplants
      • Other General Consultation
      • Other Procedures

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