Medical Tourism Malaysia Statistics
The wellness market was estimated at 4 2 trillion in 2017 so it is expected to experience a growth of over 6 4 percent per year in the future.
Medical tourism malaysia statistics. In 2017 one million medical tourists visited the country 600 000 of whom were from indonesia. Revenue from medical tourism to malaysia grew from myr 299 million in 2008 to myr 511 in 2011 to myr 683 million in 2013. Researchers say that people spend between 3 000 and 10 000 per tourist for medical services it is estimated that the medical tourism market will have a value of 125 billion by 2021.
While most would think that medical travelers seek cheap and fast medical attention some facts in a february 2018 report by pwc regarding medical tourism indicated otherwise. Sign up for an imtj country subscription for access or login if you re already a subscriber. The average spending per visit now rests at 3 000 10 000 per tourist.
Published by statista research department jan 3 2020 this statistic shows the revenue from medical tourism in malaysia from 2011 to 2018. This statistic shows the number of people who travelled to malaysia for healthcare from 2011 to 2018. The malaysian ministry of finance expects the number of medical tourists to increase significantly to two million by 2020 following the tax exemption for medical bills.
The medical tourism sector in malaysia has recorded a compound annual growth rate cagr of 16 to 17 percent over the last five years well ahead of the global average of 10 12 percent and asia pacific s 12 14 percent. In 2018 about 1 2 million people travelled to malaysia for medical and healthcare purposes. Reigning as the destination of the year by the international medical tourism journal for 3 consecutive years we are committed to create and ensure an exceptional healthcare destination experience with limitless possibilities and exceptional quality catered to your needs.
Medical tourism malaysia has provided award winning healthcare facilities to over 4 9 million medical travellers from all over the world.