Outpatient Care - Malaysia | Statista Market Forecast

In Malaysia, the Outpatient Care market is forecasted to achieve a revenue of US$2.41bn in 2024.
It is expected to demonstrate a compound annual growth rate (CAGR 2024-2029) of 8.34%, leading to a market volume of US$3.60bn by 2029.
When compared to other countries worldwide, United States is projected to generate the highest revenue in this market, amounting to US$744.80bn in 2024.
The Outpatient Care market in Malaysia is experiencing a surge in telemedicine services, providing convenient and accessible healthcare to patients across the country.

Definition:
Outpatient Care refers to medical and surgical services that are provided to patients who do not require an overnight stay in a hospital. It covers a wide range of services, including diagnostic tests, procedures, and treatments that are performed on an outpatient basis (e.g., doctor consultations, diagnostic services, and laboratory tests). Hospital outpatient care is designed to provide convenient, efficient, and cost-effective medical care to patients, allowing them to receive medical attention without having to spend the night in a hospital. This reduces the overall cost of healthcare and increases accessibility to medical services.

Additional information:
The Outpatient Care market comprises revenues and average revenue per capita. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Ambulatory care by hospitals
Minor surgical procedures
Clinic visits by patients
Checkups
Emergency department visits

Inpatient care
Day care
Long-term care
Home-based care

The Outpatient Care market in Malaysia has been experiencing significant growth in recent years.

Customer preferences: Malaysian customers are increasingly seeking convenience and accessibility when it comes to healthcare services. Outpatient care provides patients with the flexibility to receive medical treatment without having to stay in a hospital overnight. This is particularly appealing to those who do not require intensive medical attention and prefer to receive treatment in a more comfortable and familiar environment.

Trends in the market: One of the key trends in the Outpatient Care market in Malaysia is the increasing adoption of telemedicine. This allows patients to receive medical consultations and treatment remotely, which is particularly useful for those who live in remote or rural areas. Another trend is the growing popularity of day surgery centers, which provide patients with a range of surgical procedures that can be completed in a single day. This is a more cost-effective and convenient option for patients who do not require an overnight hospital stay.

Local special circumstances: The Malaysian government has been actively promoting the development of the healthcare sector in the country. This has led to an increase in public-private partnerships, which has helped to drive growth in the Outpatient Care market. Additionally, the country has a large and growing middle class, who are increasingly willing to pay for private healthcare services.

Underlying macroeconomic factors: Malaysia has a rapidly growing economy, which has helped to drive demand for healthcare services. The country has a young and growing population, which is expected to continue to increase demand for healthcare services in the coming years. Additionally, the government has been investing heavily in healthcare infrastructure, which has helped to improve access to healthcare services across the country.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

In recent years, a clear shift from inpatient to outpatient care has changed the face of healthcare, impacting operations, business models, staffing, and capital. Ambulatory centers carry out increasing numbers of medical procedures following advancements in healthcare technologies, cost management incentives, and consumer-focused services. There is a significant rise in the utilization of non-traditional sites of service such as ambulatory surgery centers, community health centers, primary care clinics, and telehealth. Employment in U.S. Ambulatory health care services has considerably grown over the years. Since 2007, according to the number of ambulatory care establishments in the U.S., nearly a hundred thousand ambulatory care establishments have opened across the country.