Malaysia Medical tourism refers to traveling across the countries to benefit the medical treatment of some form, which is not accessible in the origin of travelers. Medical tourism is also recognized as healthcare tourism. Therefore, medical tourism is considered to be traveling across international borders to avail the medical treatment available in their home country. These treatments generally include aesthetics, optometry, dental treatment, cardiovascular and orthopedic treatment. Malaysia is emerging as a premier destination for affordable and top-notch health services for medical tourists around the world. Malaysia is considering the medical tourism sector, which has significant income potential as patients in developed Western countries look for high quality but inexpensive websites that not only offer medical services but also have attractive tourist features. Country provides a variety of high-tech private medical centers with an impressive array of sophisticated diagnostic, therapeutic and hospital facilities. Most of the patients are middle-aged people visiting Malaysia to save the money on treatment.
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Malaysia country provides a unique combination of good-quality, affordable medical care and an attractive tourist destination for health-conscious travelers. While visiting the country, tourists can undergo a medical check and use various facilities such as preventive wellness, cosmetic surgery, spas, and dental surgery, etc. Some popular medical treatments obtainable in Malaysia country include orthopedics treatment, eye surgeries, cosmetic surgery, neurology treatment, urology treatment, rheumatology, obstetrics, endocrinology, oncology, gynecology, and cardiology. Increasing sporting events in Southeast Asia is fueling the growth of medical tourism due to the increasing injury rate. These growing incidents are fueling the growth of the Malaysian medical tourism market. Also, a growing geriatric population which is liable for chronic diseases is driving the growth of the market.
Referring to the study, Malaysia Medical Tourism Market Outlook to 2015 Malaysian medical tourism industry is highly competitive and the major players have pursued various strategies to gain the largest share. With the advancement of technology and the provision of high-quality services, small and medium-sized businesses are increasing their market presence by introducing new products at lower prices.
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Malaysia Medical Tourism Industry
Growth in medical tourism industry, followed by presence of advanced healthcare infrastructure, increase in government support through promotional programs and low language barrier are some major factors, which are responsible for the growth of the Malaysian medical tourism market. Additionally, Government tax exemptions on hospital income for foreign patients, as well as excellent transportation options, are fueling medical tourism adoption and are likely to fuel the growth of the global medical tourism market. Apart from this, an increase in issues with patient follows up and post-procedure complications and growth in ethical concerns may impact the market. Moreover, wider hospital network under insurance coverage for the cashless transactions and overseas promotional offices are leading opportunities for market.
It is projected that future of the Malaysia medical tourism market will be bright on account of increase in healthcare costs, health insurance portability, growth in popularity of affordable quality healthcare treatments, availability of latest medical technologies and enriching experience of various exotic location during the forecast period.
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