Navi Mumbai, Maharashtra India (PressExposure) June 16, 2011 -- The medical tourism industry in Malaysia has been growing tremendously for the past few years and has become a focal point of attraction for several developing countries. Rising healthcare costs in developed countries, and the opportunity to get world-class treatment coupled with the avenue to spend quality time in beautiful locations, are leading people to seek affordable health care services in the country.
According to our research report "Malaysia Medical Tourism Outlook 2012", revenue of the Malaysian medical tourism industry is projected to grow at a CAGR of around 20% during 2011-2014. This robust growth in the number of medical tourist arrivals as well as the revenue is being driven by factors, such as cost effective treatments, skilled medical professionals, and the government support. Wellness centers are being explored to deliver better, safer, and higher quality care to patients.
Moreover, cosmetic surgery is not the biggest attraction of Malaysia's medical tourism industry, the country still offers top of the line plastic surgery centres. The authorities are also actively promoting the hospitals and private clinics for a wide range of cosmetic procedures and plastic surgeries. Popular cosmetic treatments in the country include face lifts, rhinoplasty, and eye surgeries among others.
Besides, the report analyzes factors critical to the success of the medical tourism industry. It has also identified key players in the market and includes their detail business description. Additionally, the report sheds light on the emerging market drivers, which are expected to decide the future of the Malaysia medical tourism industry.
"Malaysia Medical Tourism Outlook 2012" provides thorough analysis of the current market performance and future outlook of Malaysia's medical tourism industry. It acknowledges the fact that, Malaysia differs vastly from other destinations in terms of cost, infrastructure, human resources, patient perceptions, competencies, and the level of government support. All these factors have been thoroughly studied in the report. Overall, the report provides valuable information to clients looking to venture into these markets and helps them to devise strategies, while going for an investment/partnership in Malaysia.
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