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Medical tourism booming in Malaysia

December 17, 2014 • admin

Research and Markets (http://www.researchandmarkets.com/research/wpmdwn/booming_medical) has announced the addition of the “Booming Medical Tourism in Malaysia” report back to their offering.

The Malaysian medical tourism industry goes through a ravishing growth phase, offering immense opportunities for players taken with the business. Despite the worldwide economic downturn, the market is growing exceptionally in every field of medical treatment.

Healthcare expense in developed countries along with the problem of time is making people seek affordable healthcare services in developing countries akin to Malaysia.

In their latest research study, Booming Medical Tourism in Malaysia, RNCOS’ analysts identified and deciphered the market dynamics in important segments to obviously highlight the areas offering promising possibilities for the businesses to raise their growth. The market is predicted to grow at a CAGR of 13% during 2013-2017. The robust growth in revenue including medical tourists is being driven by factors reminiscent of cost-effective treatments, skilled doctors, and government support.

In the report, the Malaysian medical tourism market is studied thoroughly on various grounds. Comprehensive study of the present market scenario together with the prevailing medical infrastructure covering hospitals, healthcare human resources and technological developments was done. Moreover, different drivers and characteristics of the market were discussed inclusive of forecasts to give an understanding of the market dynamics. This section intends to assist companies in designing their business strategies and supply them with key insights which will help them boost their profits. Also, the research has included an in-depth analysis of prices, comprising comparison of cost saving in various countries and treatment wise cost comparison of Malaysia with other countries.

Further, the report covers analysis of market, broken down into eight major market segments. This has helped our analysts to obviously identify and highlight the market segments offering maximum opportunity for growth. As an example, our study reveals that alternative medicines are getting greatly popular in Malaysia. Tourists are being serious about the opposite medical practices as these practices not just cure the illness but additionally increase the resilience of the human body without any uncomfortable side effects.

The study further delves into the detailed description of the main players inside the industry, covering description in their businesses and their recent developments. This will likely help the reader to achieve a deeper insight into each key market player. In a nutshell, the research provides the whole prerequisite information for intending clients looking to venture into these markets, and facilitates them to plot strategies while going for an investment/partnership in Malaysian medical tourism industry.

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