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Frost & Sullivan: Healthcare Investor Focus on Malaysia Grows, Bolstered by Government Support and Medical Tourism
Date:8/25/2014

ed healthcare professionals and skilled workers, and lower awareness of advanced healthcare technologies is reducing the quality of healthcare services.

In addition, competition from private aged care homes and the imposition of the six percent goods and service tax (GST) in 2015 will drive healthcare costs up and further weaken the value proposition of market participants.

"To effectively penetrate the Malaysian market, multinational healthcare companies must enter joint ventures with local manufacturers and contract manufacturing organizations," stated Dutta. "This will create a symbiotic ecosystem, in which local companies will have access to capital, technology and intellectual property while their counterparts will benefit in terms of capturing a bigger market."

Both multinational healthcare companies and local participants could consider adopting a segment-specific focus to stand apart from the competition. Some healthcare industry players are already using this approach by concentrating on the halal medicine segment.

For more information on this study, please email Donna Jeremiah, Corporate Communications, at djeremiah@frost.com.

Malaysia Healthcare Outlook is part of the Life Sciences (http://www.lifesciences.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Indonesian Infectious Disease IVD Market, APAC Healthcare Outlook, Product and Pipeline Analysis of the Global Therapeutic Lipid Modulators Market, Global Next-generation Sequencing Market, Global Type 2 Diabetes Therapeutics Market, Global Regenerative Medicine Market, among others. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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