Medical Tourism Revenue


Medical tourism traditionally involved tourists cum patients from developed countries travelling to normally less developed countries to get treatment while on vacation. Nevertheless, the trend has changed. Both developed (e.g. Singapore) and developing countries (e.g. India and Thailand) now compete with a variety of medical packages and special arrangements for foreign patients. In 2007, the global medical tourism market stood at US$261.5bil, with Asia being responsible for about 13% of it1. Table 1 shows Malaysia’s impressive recovery from the economic downturn in 2008-2009 with total revenue from the industry rebounding to RM511mil (US$168mil) in 2011.

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