Malaysia’s Medical Device Market – Benefiting from its Hospital Upgrade Plans

Hospital Infrastructure Insight Malaysia 2020

Malaysia’s Effort to Achieve the Developed Nation Status Will Depend on Focused Investments that Aim to Improve the Penetration of Capital Medical Equipment in Tertiary Care

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As of 2019, about 316 hospitals and 60 diagnostic imaging centers were functioning in Malaysia. Around 56 of them are equipped to provide tertiary care services. The number is set to rise in the next 3-4 years, with Malaysia’s Economic Transformation Programme (ETP) aiming to hasten growth in health infrastructure. A steady growth in healthcare spending was also noticeable, with a 7.8% Y-o-Y increase in 2018-2019, as the Government hopes to meet the WHO recommended 7% of GDP spent on healthcare.

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