Malaysian medical tourism feeling slight pinch
Guest Writers are not employed, compensated or governed by TD, opinions and statements are from the specific writer directly
The Association of Private Hospitals of Malaysia (APHM) has cut its medical tourism projections for next year, the Business Times has reported. The previously touted 30% growth has been updated to 25% as the economic slowdown impacts the sector’s potential.
“The global economic situation has been very volatile in recent times,” APHM Chairman of the Health Tourism Committee, Dr K. Kulaveerasingam, said. “However, as medical treatment is seen more as a necessity, overall, the medical tourism industry has only been affected minimally as we have not seen such a significant drop in percentage of patient flow,” he added.
The association believes that Malaysian healthcare providers could generate up to MYR584 million (US$162 million) in medical revenue from treating some 849,000 foreign patients.
Comments are closed.