The medical travel boom in Malaysia

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.

 

Image Source: medicaltourismnews.com

 

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.

 

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.

 

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.

Thailand: The grandaddy of medical travel

Image Source: bbc.co.uk

 

Today, more and more Americans are realizing the financial benefit of going outside the country to have expensive medical procedures performed. Because of this boom, many hospitals overseas have tried upgrading their facilities and services to match, if not exceed the quality of those found in the US, giving patients more options when it comes to choosing their country of preference. Of worthy note are some Asian countries, like Singapore, Malaysia, Philippines, and India, which are gaining ground in the medical travel industry.

But if history is to be traced back, Asian medical travel was actually initiated by Thailand; other countries just followed suit.

In 2002, Thailand became the first Asian country to achieve the prestigious Joint Commission International (JCI) accreditation. This status certified that accredited hospitals reached the minimum standards of excellence which are likewise being asked from US hospitals, thus ensuring international patients that whatever services they receive are on par with (or even exceed) US standards. At present, there are already over 40 JCI accredited hospitals in Thailand, making it one of the most attractive destinations for prospective medial travelers.

 

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Because of Thailand’s experience advantage, the country has been serving more foreign medical customers than its own. According to 2007 World Health Organization (WHO) data, Thailand provided medical services for as many as 420,000 medical travelers, beating Singapore who has just then claimed the title “medical hub of Asia.”

Numbers aside, Thailand is also taking on a leadership position when it comes to establishing ties among Asian countries that are providing medical travel services. Earlier this year, the Thai Medical Tourism Association (TMTA) was the first to officially jump on board the newly formed Asia Medical Travel Council (AMTRAC), a governing body that oversees the medical travel situation in its member countries, which include Thailand, India, Malaysia, South Korea, and Singapore.

 

Image Source: mymedholiday.com

 

Satori World Medical is a premier medical travel agency which provides patients the option to take advantage of cost-effective and high-quality medical care abroad. Learn more about these services by visiting Satori’s official website.

Thailand and health care: The Asian country’s appeal to foreign patients

 

Currently, Thailand remains to be one of the most frequently chosen locations for medical travel in Asia, mainly due to its reputation for graceful and attentive service. The growth of its medical travel industry has been reported in BBC.com to be growing at an annual rate of 16%, and the medical sector is expected to earn 100 billion baht in the next two years.

 

Image Source: novasans.com

 

There are many reasons why patients flock to Thailand for medical treatment. The Thai government has been aggressive in promoting its medical services industry since 2004, and its medical travel website lists many of the treatments that patients look for, such as a hip replacement or a tummy tuck. As for the quality of treatments, Bangkok’s hospitals have been reported to meet and exceed US standards.

 

Image Source: thaimedtours.com

 

The Thai people are known for their kindness, humility, and their willingness to help foreigners. It is easy for a traveler to feel lost in a foreign land, but it is easier to get around in a place with many English speakers and where signs are written in both English and the local language. Additionally, many hospitals cater mainly to medical travelers so there are English-speaking staff and translators for more than 20 languages.

 

Image Source: phukethospital.com

 

Another reason why Thailand is a popular choice for health care is its lenient immigration laws. With proper documents, it is easy for many qualified patients to obtain a 90-day visa exemption. This also extends to up to three individuals who are there to accompany the patient.

Satori World Medical’s International Centers of Excellence page shares more information on Thailand as a medical travel destination.

Thailand and health care: The Asian country’s appeal to foreign patients

Currently, Thailand remains to be one of the most frequently chosen locations for medical travel in Asia, mainly due to its reputation for graceful and attentive service. The growth of its medical travel industry has been reported in BBC.com to be growing at an annual rate of 16%, and the medical sector is expected to earn 100 billion baht in the next two years.

 

Image Source: novasans.com

 

There are many reasons why patients flock to Thailand for medical treatment. The Thai government has been aggressive in promoting its medical services industry since 2004, and its medical travel website lists many of the treatments that patients look for, such as a hip replacement or a tummy tuck. As for the quality of treatments, Bangkok’s hospitals have been reported to meet and exceed US standards.

 

Image Source: thaimedtours.com

 

The Thai people are known for their kindness, humility, and their willingness to help foreigners. It is easy for a traveler to feel lost in a foreign land, but it is easier to get around in a place with many English speakers and where signs are written in both English and the local language. Additionally, many hospitals cater mainly to medical travelers so there are English-speaking staff and translators for more than 20 languages.

 

Image Source: phukethospital.com

 

Another reason why Thailand is a popular choice for health care is its lenient immigration laws. With proper documents, it is easy for many qualified patients to obtain a 90-day visa exemption. This also extends to up to three individuals who are there to accompany the patient.

Satori World Medical’s International Centers of Excellence page shares more information on Thailand as a medical travel destination.