Malaysia: revenue from medical tourism 2022

The revenue generated from medical tourism in Malaysia reached approximately 1.3 billion Malaysian ringgit as of 2022. This was a significant increase of more than twofold compared to the revenue in 2021. The medical tourism industry in Malaysia suffered during the two-year travel restrictions caused by the COVID-19 pandemic, which resulted in a vast decrease in revenue.

Leading medical destination in Southeast Asia

Malaysia is well known as a leading medical destination in Southeast Asia. In 2022, there were more than 850,000 people who traveled to Malaysia for medical purposes . According to the Malaysian Investment Development Authority (MIDA), 60 percent of medical tourists come from the neighboring country, Indonesia. Penang is a popular medical destination city, especially for Indonesians, due to its proximity to Sumatra, one of the largest islands in Indonesia. In 2022, the Peninsular state generated more than 285 million Malaysian ringgit in revenue from medical tourism.

Quality private medical care

Medical travelers would usually go to private hospitals for their medical treatments. The Malaysian private healthcare system is well-developed and works to complement the public healthcare system. Many renowned Malaysian private hospitals that are popular among international visitors offer world-class medical care with the latest technology. In 2022, there were 207 private hospitals in Malaysia, representing a larger number compared to public hospitals.

Revenue from medical tourism in Malaysia from 2013 to 2022 (in million Malaysian ringgit)

Characteristic	Revenue in million Malaysian ringgit
2022	1,300
2021	600
2020	800
2019	1,700
2018	1,500
2017	1,300
2016	1,123
2015	914
2014	777
2013	727

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Release date

July 2023

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Region

Malaysia

Survey time period

2013 to 2022

Supplementary notes

1 Malaysian ringgit is equal to 0.21 U.S. dollars and 0.20 euros as of July 2023.

The source did not provide date of publication. Release date reflects the date of last access.

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