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The medical travel boom in Malaysia

July 3, 2013

In spite of the recently ended economic downturn that affected most countries and many industries around the world, the medical travel industry in Malaysia is undergoing exceptional growth in all medical treatment fields.

 

 

This growth is probably due to the influx of medical travelers from around the world, many of whom have come from developed countries like the US, where health care is far more expensive.

In their latest research study, which take into account the identification and decipherment of market dynamics, RNCOS analysts saw that the market is anticipated to grow at a compound annual growth rate, or CAGR, of 13 percent from 2013 to 2017. Revenue growth is said to be driven by factors like cost-effective treatments, government support, and highly skilled medical professionals.

 

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Image Source: tourism-review.com

 

The study also includes a comprehensive study of current market scenario, taking into account existing medical infrastructure, human resources, and technological breakthroughs; different drivers and characteristics of the market; and an in-depth cost comparison that compares Malaysia with other medical travel destinations around the world.

 

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Image Source: mymedholiday.com

 

Satori World Medical is the premier medical travel services provider in the US. It allows patients access to state-of-the-art medical facilities in eight countries and in Puerto Rico, all of which meet or exceed US quality standards. For more information about the premium medical travel services that Satori offers, visit its website.

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