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Malaysia Hospital Market, By Ownership, By Type, By Type of Services, By Bed Capacity By Region, Competition, Forecast & Opportunities, 2017-2027

Malaysia Hospital Market, By Ownership, By Type, By Type of Services, By Bed Capacity By Region, Competition, Forecast & Opportunities, 2017-2027

  • May 2022
  • 83 pages
  • ID: 6273084
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

Malaysia Hospital Market, By Ownership (Public and Private), By Type (General, Multispecialty, and Specialty), By Type of Services (In-Patient Services and Out-Patient Services), By Bed Capacity (100-500 Beds, Up to 100 beds, and Above 500 beds) By Region, Competition, Forecast & Opportunities, 2017-2027

Malaysia hospital market valued at USD6801.77 million in the year 2021 and is anticipated to grow with a CAGR of 6.98% during the forecast period, 2023-2027, to achieve a market value of USD10355.15 million by 2027. The market growth can be attributed to growing instances of diseases and rapidly increasing patient count in the country. Also, the rising instances of chronic diseases like cardiovascular diseases, neurological disorders, cancer, and infectious diseases and prolonged treatment for the same are expected to drive the growth of the Malaysia hospital market in the upcoming five years. Rapidly expanding healthcare industry in the country and growing healthcare infrastructure along with the increasing number of hospitals in the country are supporting the growth of the Malaysia hospital market. Moreover, the tendency of the population to invest in better healthcare services and increasing investments in the medical devices, therapeutic products & services along with the pharmaceutical products and better provisions of patient care are also aiding the growth of the Malaysia hospital market.
The government of the country is actively functioning towards advancing the healthcare services in the country.The medical tourism has also increased due to affordable healthcare as compared to western countries and the increasing number of expert professionals in the healthcare industry.

Recent COVID-19 pandemic situation that increased the patient count with 3,845,601 confirmed covid cases by March 2022, is also majorly responsible for increasing the demand for hospitals.The lack of hospitals led to establishment of temporary clinics, and healthcare centers all around the world and similar situation was in Malaysia too.

The pandemic showed the incapability of various countries including Malaysia in handling the pandemic situation, and thus increasing the need for construction of hospitals, hence further aiding the growth of the market in the forecast period.
The Malaysia hospital market is segmented by ownership, type, type of services, bed capacity, regional distribution, and competitional landscape.Based on ownership the market is segmented into public and private.

Public segment held the largest revenue shares of the market in 2021 and is expected to dominate the market segment in the upcoming five years on account of increasing investments from the government towards advancing the public healthcare infrastructure.
KPJ Healthcare Berhad, IHH Healthcare Berhad, Ramsay Sime Darby Health Care Sdn Bhd, Columbia Asia Group, Sunway Medical Centre Sdn. Bhd., LYC Healthcare Berhad, Metro Healthcare Berhad, TMC Life Sciences Berhad, Optimax Holdings Berhad, Mahkota Medical Centre, are among the major market players in the Malaysia Hospital Market.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F

Objective of the Study:

• To analyze the market size of Malaysia hospital market from 2017 to 2021.
• To estimate and forecast the market size of Malaysia hospital market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast Malaysia hospital market based on ownership, type, type of services, bed capacity, regional distribution, and competitional landscape.
• To identify dominant region or segment in the Malaysia hospital market.
• To identify drivers and challenges for Malaysia hospital market.
• To examine competitive developments such as expansions, new healthcare infrastructure, mergers & acquisitions, etc., in Malaysia hospital market.
• To identify and analyze the profile of leading players operating in Malaysia hospital market.
• To identify key sustainable strategies adopted by market players in Malaysia hospital market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of hospitals & companies across the country.

Subsequently, the analyst conducted primary research surveys with the identified hospitals & market players.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the hospitals & market players which could not be identified due to the limitations of secondary research. The analyst examined the hospitals & companies, and presence of all major players across the country.
The analyst calculated the market size of Malaysia hospital market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these hospitals for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Hospitals & other stake holders
• Industry associations, research organizations & consulting companies
• Trade associations, organizations, forums, and alliances related to hospitals
• Government bodies such as regulating authorities and policy makers
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospital construction companies, hospitals, other healthcare centers, government authorities, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Malaysia hospital market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Malaysia Hospital Market, By Ownership:
o Public
o Private
• Malaysia Hospital Market, By Type:
o General
o Multispecialty
o Specialty
• Malaysia Hospital Market, By Type of Services:
o In-Patient Services
o Out-Patient Services
• Malaysia Hospital Market, By Bed Capacity:
o 100-500 Beds
o Up to 100 Beds
o Above 500 Beds
• Malaysia Hospital Market, By Region:
o West Malaysia
o East Malaysia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Malaysia hospital market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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