Medical Tourism Industry expected to generate RM2billion by 2020

Malaysia`s predict that medical tourism industry is expected to generate about RM 2 billion in 2020. Under 11th Malaysia plan, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said that income from Medical Tourism is expected to grow 15% annually. Malaysia atracted 800 000 medical tourists in 2004 from 770 000 in 2013, according to the Ministry of Tourism & Culture. The study verifies that the opportunity exist for countries to invest and intensity R&D to develop halal pharmaceuticals including vaccines for the growing Muslim population Worldwide.