PRTODAY / NewswireToday Free press release distribution service network

More news: Health/Surgery
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Growing Healthcare Tourism in Malaysia Reports Frost & Sullivan - 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
Growing Healthcare Tourism in Malaysia Reports Frost & Sullivan

 

NewswireToday - /newswire/ - Kuala Lumpur, Malaysia, 2009/08/26 - 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.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Health/Surgery Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

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 SuadiSaudi 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 (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.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Contact:
Jasminder Kaur
Corporate Communications –Healthcare, Asia Pacific
DID: +65 6890 0937
E: jkaur[.]frost.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Health/Surgery Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Health/Surgery articles,
CATCH Visitors via Your Competitors Announcements!


Growing Healthcare Tourism in Malaysia Reports Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | Healthcare in Malaysia
Publisher Contact: Emmie Kaur 
+603 6204 5913 emmie.kaur[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Health/Surgery via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Health/Surgery Most Recent Related Newswires:

Sustainable Alternatives to Polyvinylidene Chloride-coated Films Create Growth Opportunities & Transform the Food Packaging Markets in Western Europe
RIKEN Biofunctional Synthetic Chemistry Laboratory in Japan Has Developed A Way to Engineer Glycan Complexes Clusters of Sugar Chains
The Clinicians of Longs Peak Emergency Physicians Join US Acute Care Solutions
Frost & Sullivan Recognizes BroadReach for Improving the Health and Wellbeing of Underserved Populations
Silver Spring Emergency Physicians Join US Acute Care Solutions
Stress Light Therapy Launches Crowd-Funded Campaign on Indiegogo.com
The Float Space - Brisbane's First Float and Cryo Therapy Centre to Open This November
Thought Leaders Across the Healthcare Spectrum to Participate in Industry-Wide Survey
Frost & Sullivan Names Optum 2016 North America Company of the Year for Population Health Management
R-Pharm Produces Biological Drugs in Yaroslavl with GE Healthcare's FlexFactory™ Manufacturing Platform
GE to Invest €150 Million in Biopharmaceutical Manufacturing Campus in Cork, Ireland, and Establish Advanced Manufacturing Training Centre At NIBRT
Moriarty Physical Therapy of the Hudson Valley Expands with New Office in Lagrange, NY
Ultimate Medical Group Announces A New Regenerative Medicine Division
Dr. Amir Hanna Introduces New Medical Innovation Taking the Pain Out of Physical Therapy
Samitivej Children’s Hospital Transforms its Sukhumvit Campus

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)