Top Hospitals Companies in Malaysia

Hospitals in Malaysia play a crucial role in the country's healthcare system, providing essential services to the population. In this article, we will delve into the key statistics from 2022, factors contributing to its growth and success, each industry's growth and comparison to the previous years, key trends including technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
KPJ HEALTHCARE BHD2,017 +60 3-4026 7777
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Since its inception in 1981 as the first private specialist hospital in Johor, KPJ Healthcare has served communities and neighbourhoods nationwide for over 40 years. Our fundamental purpose since day 1 is the delivery of exceptional diagnosis, health treatment and care for all our patients. KPJ Healthcare operates 28 hospitals in Malaysia, as well as 2 hospitals in Indonesia, 1 in Bangladesh and 1 in Thailand. KPJ also has 4 Ambulatory Care Centres located in Kuala Lumpur, Pahang, Perak and Selangor. KPJs workforce today comprises close to 15,000 employees who support the services provided by more than 1,400 medical consultants specialising in various disciplines who treat more than 2.9 million patients annually. 19 KPJ hospitals are accredited by the Malaysian Society for Quality in Health (MSQH) while 4 are accredited by the Joint Commission International (JCI). On the education front, the KPJ Healthcare University College (KPJUC) which is located in Negeri Sembilan, offers more …

TDM BERHAD110 +60 3-2148 9900
info.kmi@tdmberhad.com.my

Incorporated in 1965, TDM Berhad is one of the Shariah-compliant securities listed on the Main Market of Bursa Malaysia Securities Berhad under the Plantations sector. Following a successful restructuring exercise and a new strategic direction in 2000, TDM has grown into a leading player in the oil palm plantation and healthcare sectors. The Groups plantation arm, TDM Plantation Sdn. Bhd. (TDMP), is a premium producer of Certified Sustainable Palm Oil (CSPO) and Certified Sustainable Palm Kernel (CSPK) with the Malaysian Sustainable Palm Oil (MSPO), Roundtable on Sustainable Palm Oil (RSPO) and International Sustainability and Carbon Certification approved by the European Commission (ISCC EU) certifications. This division manages 15 oil palm estates and three palm oil mills, three Bio-Composting plants and three Biogas plants located in Terengganu and Indonesia. Under Kumpulan Medic Iman Sdn. Bhd. (KMI Healthcare), TDM owns five community specialist hospitals that provide quality a…

BIOMED GLOBAL170 +60 3-6287 0066
info.sg@biomed-global.com

We are one of the most respected brands in the biomedical and life sciences industry in Malaysia and Singapore. Our journey began over two decades ago driven by our passion to make a difference to doctors, patients, hospitals, researchers and academics. Today we are a team comprising nearly 200 experts representing some of the worlds most well-known brands in the biomedical category, admired by the industry for our expertise, speed, commitment and market knowledge. Our mission is to empower our partners and to enrich lives. This is what inspires us every day. That is why, to us, Biomed is more than just a business. We never forget what truly makes us tick... It is our dedication to improve the quality of life and well-being of people. One person at a time.

WALTEX CORPORATION (M) SDN BHD11 +60 3-7772 5725
hello@waltexcorporation.com

Established in 1976, Waltex is an award-winning distributor of quality wallcoverings, leathers and fabrics. A pioneer in the wallcoverings industry in Malaysia, Waltex provides expert consultation and installation services to design consultants, main-contractors, developers, fit-out contractors and homeowners for projects across varying segments including hotels, corporate offices, restaurants, beauty studios, royal palaces, hospitals and more. Waltex is a proud committee member and member of the Malaysian Interior Industry Partners Association (MIIP) since the associations inception in 2011. We are also recipient of the Certification of Appreciation from the Malaysian Institute of Interior Designers (MIID) for sponsorship of after-event cocktails and support through advertising. Accolades • Silver Award, Category 2: Wallcoverings & Wall Finishes — Malaysian Interior Industry Partners Association (MIIP) • Bronze Award for Design Installation showcase — REKA Interiors Exhibition (RiX…

MEDICAL CONFERENCE PARTNERS19 +60 3-7931 2856
hr@medicalconferencepartners.com

Medical Conference Partners is a company that specialises in professional conference organising in the medical field. We started in 2008 and we have successfully delivered over 62 medical conferences and hosted thousands of doctors, allied health professionals and medical professionals from all over the world to Malaysia. Our conferences help to drive the cause of continual professional development and education in the medical field. This is achieved by the bringing together of doctors, healthcare professionals and the multi-billion-dollar healthcare industry in comprehensive discussions that hold the power to create socio-economic impact in our nation and the world. Apart from offering the services of organising medical conferences, Medical Conference Partners has made a name for itself in Malaysia as the only company to specialise in organising conference segments featuring live surgeries, cadaveric workshops and live cadaveric demonstrations, an area that is crucial in the learn…

IHH HEALTHCARE MALAYSIA452 +60 19-474 9288
myhealth360sgsupport@ihhhealthcare.com

IHH Healthcare Malaysia is part of IHH Healthcare, a leading international healthcare services provider with a vision to become the worlds most trusted healthcare services network. IHH Healthcare Malaysia operates 16 hospitals, comprising four Gleneagles Hospitals, eleven Pantai Hospitals and Prince Court Medical Centre. It also provides diagnostic and rehabilitation services through Pantai Premier Pathology and Pantai Premier Rehabilitation, each with 29 and 16 branches respectively. With over 10,000 dedicated employees, a full spectrum of integrated healthcare services and a commitment to quality and safety, IHH Healthcare Malaysia commits to touch lives and transform care.

COLUMBIA ASIA MALAYSIA604 +62 24 7629999
customercare.taiping@columbiaasia.com

Columbia Asia is an international private healthcare company incorporated in Malaysia in 1996. It started its first hospital in Sarawak, East Malaysia in 1997. Now, Columbia Asia offers 19 medical facilities (hospitals/clinics/extended care facilities) across Asia, with 13 in Malaysia. Leading the way in private healthcare trends, Columbia Asia offers optimum and affordable medical services through its hospitals and clinics. With modern amenities and highly trained doctors and nurses, these hospitals are located in residential areas, making quality private healthcare more accessible and efficient for patients. New medical technologies decrease the level of invasive treatments, reducing the length of hospital stays. Moreover, rate structures are transparent and comparatively lower than the standard model for private healthcare. Each Columbia Asia medical facility also houses no more than 100 beds per hospital. The hospitals may be smaller in comparison to other private hospitals but th…

GEORGE KENT (MALAYSIA) BERHAD22 +60 3-8061 3295
career@georgekent.net

George Kent (Malaysia) Berhad (“George Kent” or “the Group”) has an established history and proven track record in delivering quality products and projects to both the private and public sectors in this region as well as overseas. George Kent is committed to helping customers achieve sustainable growth and creating value for stakeholders. With a market reach that spans more than 40 countries, our metering products and solutions have attained the highest standards recognised by the relevant authorities, as accorded through local and international certifications. Today, our brand has received wide acceptance and continues to be well-regarded for innovativeness and value for money. The Group continues to make its mark in rail transportation and construction of hospitals - competently meeting the expectations and set standards of project owners and employers. As we are moving towards a more streamlined direction in projecting our core strengths, we have categorised our company into two d…

SYNAPSE LABORATORY19 +60 3-7880 8730
contact@synapselaboratory.com

Founded in 2007, Synapse Sdn Bhd is a medical laboratory and healthcare group with strategic focus on development and implementation of reference technologies for healthcare testing. Headquartered in Petaling Jaya, Synapse Laboratory facilitates innovative new technologies in medical sciences with focus on molecular diagnostics and provides medical testing services to government and private hospitals, clinics and healthcare institutions throughout Malaysia.

SMARTPEEP11 +60 11-1279 1899
marketing@smartpeep.ai

Global aging population has been rising rapidly in the past decade. And all healthcare facilities particularly in aging countries are now short of quality nurses and caregivers. What if there are advanced technologies that could work non-stop around the clock helping these nurses and caregivers to keep seniors safe, without compromising their freedom and dignity? SmartPeep is a Singapore award-winning AI health-tech company that builds an AI System to help nurses automatically monitor senior patients behaviours, enabling nurses to get notified for emergencies and provide proactive care at all times. Whether it is detecting seniors getting out of bed without assistance, transiting from a wheelchair when the nurse is busy, occupying the toilet for too long, or elderly falls, SmartPeep gives nurses and caregivers superhuman powers at their fingertips to better assist and protect. We have powered more than 10 leading hospitals, nursing homes, retirement living operators with SmartPeep A…

AVISENA HEALTHCARE196 +60 3-5515 1888
careline@avisena.com.my

Avisena Healthcare is a private healthcare provider currently operating two private specialist hospitals. Avisena Specialist Hospital is the companys flagship hospital which provides multidisciplinary healthcare services to its patients. Following its success, Avisena Womens & Childrens Specialist Hospital was opened in 2019 where it is the first private hospital in Malaysia of its kind that focuses on the premier care and treatment of women and children. Additionally, Avisena Healthcares services include a network of dialysis centres operated by its renal care arm, Avisena Renal Care, and a digital health platform known as TrueCare2U. To cater to the growing market, Avisena Healthcare will be expanding its existing flagship hospital, Avisena Specialist Hospital. Avisena Healthcare further targets to grow by expanding to other locations in order to better serve more communities.

GEORGE KENT MALAYSIA BERHAD139 +60 3-8061 3295
career@georgekent.net

George Kent (Malaysia) Berhad (“George Kent” or “the Group”) has an established history and proven track record in delivering quality products and projects to both the private and public sectors in this region as well as overseas. George Kent is committed to helping customers achieve sustainable growth and creating value for stakeholders. With a market reach that spans more than 40 countries, our metering products and solutions have attained the highest standards recognised by the relevant authorities, as accorded through local and international certifications. Today, our brand has received wide acceptance and continues to be well-regarded for innovativeness and value for money. The Group continues to make its mark in rail transportation and construction of hospitals - competently meeting the expectations and set standards of project owners and employers. As we are moving towards a more streamlined direction in projecting our core strengths, we have categorised our company into two d…

KPJ AMBULATORY CARE CENTRE KINRARA13 +60 11-2408 0790
marketing@kpjkinrara.com

The new KPJ Ambulatory Care Centre is an exclusive primary care centre that will bring together a comprehensive range of medical services under one roof, offering first class service to meet the needs of the local and extended community. Centre of medical care focused on an outpatient basis. These days with patients time and budgetary concerns at the forefront, especially amidst the pandemic, ambulatory care has become increasingly in demand. This is why KPJ Healthcare, Malaysias leading provider of private healthcare services since 1981, with over 28 specialist hospitals in Malaysia, has established KPJ Ambulatory Care Centre (KACC), the first ambulatory care centre (ACC) under KPJ Ambulatory Care Sdn Bhd. This 21,428 sq ft Primary Care Centre covers an array of services such as GP clinics, dental surgery, radiology and ultrasound services, observation area, pharmacy and café. KACC is strategically located in the bustling township of Bandar Kinrara, Puchong, positioning to become the…

INNOQUEST PATHOLOGY101 +60 3-7957 7732
enquiry@innoquest.com.my

In May 2022, Innoquest Pathology (formerly Gribbles Pathology) was officially launched. We are the only multidisciplinary clinical laboratory in Malaysia to hold both College of American Pathology (CAP) and MS ISO15189 accreditations. Supported by a deep bench of industry expertise and our ground breaking technology, Innoquest is proud to serve clinicians, hospitals, medical centres, and their patients through the deployment of advanced diagnostic testing methods and technology.

ENCORE MED SDN BHD19 +60 3-2770 2539
support@encoremed.io

Encore Med is a leading health tech company in Malaysia, committed to driving digital transformation of the healthcare industry. Our vision is to empower hospitals to provide simpler and smarter healthcare experience to patients

MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD27 +60 3-2284 5676
enquiries@mgrc.com.my

MGRC was founded in 2004 and listed on the ACE Market of Bursa Malaysia Securities in 2010. As a leading genomics and biopharmaceutical company in Southeast Asia, we have pioneered genome sequencing, bioinformatics analysis, genetic screening services, and cancer immunotherapies in the region. We have an established track record of delivering on large-scale projects for the Government of Malaysia, as well as local and international research centres, public institutes, academia and corporations from pharmaceutical and various other sectors. Some notable customers have included Novartis, Brigham & Womens Hospital (of Harvard Medical School) and Washington University of Medicine, among many others. Our extensive experience in healthcare, especially in genomics, genetics and clinical diagnostics extends to translational medicine, which is the transferring of knowledge and technology from research domains to clinical use by doctors in clinics and hospitals. With our high-throughput seque…

XEPA-SOUL PATTINSON (MALAYSIA) SDN BHD235 +60 6-335 1515
biz@xepasp.com

Xepa-Soul Pattinson (M) Sdn Bhd: A leading pharmaceutical manufacturing enterprise in Malaysia. Founded in 1967 in Singapore, Xepa has grown and evolved at the cutting edge of the pharmaceutical industry. From our modest early years when Xepa Laboratories Pte. Ltd. produced a limited range of pharmaceutical products in a small flatted factory, we have relocated twice, to larger manufacturing plants in Malacca, Malaysia. Today, Xepa is the leading manufacturer of off-patent pharmaceuticals in Malaysia. What we do Xepa aims to be the first to introduce off-patent pharmaceuticals to Malaysia and our regional markets. To this end, our laboratories develop products – formulating, designing and validating – that are then manufactured to exacting standards. From there, our marketing team researches, brands, positions, promotes and handles sales of our products to private and government-run pharmacies, clinics and hospitals, within Malaysia and across regional markets.

REGEN REHAB HOSPITAL59 +60 10-983 7407
contact@regen.rehab

ReGen Rehab Hospital specialises in medical rehabilitation to transform care and rebuild lives. We are the first private rehabilitation hospital in Malaysia with dedicated rehabilitation gyms & facilities and 96-beds licensed by the Ministry of Health. We target to become South East Asias premiere provider of rehabilitation medicine and related services through the development of specialized rehabilitation hospitals and outpatient facilities, staffed by dedicated healthcare professionals, supported by an ongoing corporate commitment to public and stakeholder education and research in rehabilitation care. Our mission is to improve the outcomes of persons who have suffered from debilitating injury or illness by providing extensive rehabilitation care and services, so they may regain as much physical and cognitive functions as possible and have the best chance of returning home to a high quality of life.

INSTITUTE FOR CLINICAL RESEARCH51 +60 3-3362 7700
contact@crc.gov.my

The ICR, one of the six research institutes under the National Institute of Health (NIH) Ministry of Health Malaysia (MOH), has been operational since August 2000. ICR functions as the clinical research arm of the MOH. It has 37 branches located at major MOH hospitals (Hospital CRC) and National Cancer Institute. Vision: To become a leading clinical research institution in Asia Mission: To improve patients health outcomes through ethical and quality clinical research FUNCTIONS OF INSTITUTE FOR CLINICAL RESEARCH To provide leadership in the development and strengthening of clinical research capacity in the Ministry of Health (MOH) To facilitate the establishment of hospital clinical research centres and provide technical support to the network of Hospital CRCs To promote and support the conduct of Investigator Initiated Research among MOH staff To coordinate the conduct of Industry Sponsored Research at MOH facilities To establish and maintain clinical database for the MOH To…

SELGATE GROUP OF COMPANIES52 +60 1-800-22-6600
admin.g@selgatecorporation.com

SELGATE Corporation (SELGATE) is a wholly owned subsidiary of Perbadanan Kemajuan Negeri Selangor (PKNS). PKNS has contributed to the development of the state for more than 50 years in property development and township planning. The Group envisions its position as the fulcrum of Selangors healthcare industry specialising in healthcare management including hospitals, clinics and pharmacies which in line with the nationals Healthcare System Reform. SELGATE is also venturing into fintech via its investment in Selangkah.

Top Hospitals Companies in Malaysia

Key Statistics from 2022

In 2022, the Hospitals in Malaysia had a GDP contribution of 1.7%, which is an increase from 1.5% in 2021. The industry also contributed significantly to the employment sector, providing jobs for approximately 100,000 people. Additionally, the industry's revenue grew by 6% to reach RM 50 billion, with the primary revenue sources being medical treatments, diagnostic services, and pharmacy sales.

Factors Contributing to Its Growth and Success

The Hospitals Industry in Malaysia has experienced consistent growth over the years, thanks to various factors contributing to its success. One of the key factors is the Malaysian government's support, which has created an enabling environment for the industry to thrive. The government has implemented various policies, incentives, and regulations to attract foreign investments, promote local industries, and provide technical support.

The Malaysian government has also established several institutions to support the industry, including the Ministry of Health, which provides healthcare policies and regulations, and the Malaysian Healthcare Travel Council (MHTC), which promotes Malaysia as a medical tourism destination.

Each Industry's Growth and Comparison to the Previous Years

The Hospitals Industry in Malaysia is composed of several sub-industries, including public and private hospitals, clinics, and medical laboratories. In 2022, the private hospital sub-industry saw significant growth, with a 9% increase in revenue, driven by increasing demand for private healthcare services and the adoption of emerging technologies. The public hospital sub-industry also recorded growth, with a 5% increase in revenue, mainly due to the growing population and increasing healthcare needs.

The medical laboratory sub-industry experienced a decline of 2% in revenue due to the COVID-19 pandemic's impact on non-essential medical testing. However, the industry is expected to rebound in the coming years as the pandemic subsides.

Key Trends Including Technological Disruptions

The Hospitals Industry in Malaysia is constantly evolving, and technological advancements are a key trend in the sector. The industry is leveraging emerging technologies such as artificial intelligence, telemedicine, and digital health platforms to enhance efficiency, improve patient outcomes, and reduce costs.

The use of artificial intelligence technology has led to the development of smart healthcare systems that can automate various aspects of healthcare management, while telemedicine and digital health platforms can enhance accessibility and provide remote healthcare services.

Challenges

Despite the Hospitals Industry's success, it faces various challenges that could hinder its growth. One of the significant challenges is increasing healthcare costs, which could limit access to healthcare services for low-income individuals. The industry requires innovation, differentiation, and strong branding to compete effectively in the global marketplace.

Another challenge facing the industry is the shortage of skilled healthcare professionals and the need to keep up with changing healthcare regulations. Companies must invest in training and development programs to upskill their workforce and remain competitive in a rapidly evolving industry.

Future Outlook

Looking to the future, the Hospitals Industry in Malaysia is poised for growth, driven by increasing demand for healthcare services and the adoption of emerging technologies. The industry is also expected to continue leveraging digital transformation to enhance efficiency, reduce costs, and improve patient outcomes.

The industry also has an opportunity to tap into the growing medical tourism market, as Malaysia is becoming an increasingly popular destination for medical tourists seeking high-quality, affordable healthcare services. The Malaysian government has implemented several policies to attract medical tourists, including the establishment of the MHTC and the implementation of the Medical Travel Benefit Scheme, which provides financial incentives for medical tourists.

As the world continues to grapple with the COVID-19 pandemic, the Hospitals Industry in Malaysia has also been at the forefront of the fight against the virus. Hospitals have been instrumental in providing testing, treatment, and vaccination services to the public, and have demonstrated their resilience and adaptability in responding to the pandemic.

Conclusion

In conclusion, the Hospitals Industry in Malaysia is a vital sector of the country's healthcare system, contributing significantly to its GDP and employment. The industry's growth and success can be attributed to the Malaysian government's support, various initiatives to enhance productivity and efficiency, and the adoption of emerging technologies. The sector faces challenges, such as increasing healthcare costs and the shortage of skilled healthcare professionals, but with continued support and investment, it is poised for growth and success in the coming years.

As the industry evolves, companies must adapt and embrace technological advancements, address sustainability concerns, and leverage digital transformation to stay competitive in a rapidly evolving global marketplace. The adoption of emerging technologies such as artificial intelligence and telemedicine, and the development of innovative healthcare solutions that address social and environmental challenges, will provide significant opportunities for the industry's growth and development.

Overall, the Hospitals Industry in Malaysia is a dynamic and evolving sector that is poised for continued growth and success in the coming years. With the right support and investment, companies within the industry can leverage technological advancements to enhance efficiency and patient outcomes, address sustainability concerns, and embrace digital transformation to stay competitive in a rapidly evolving global marketplace.

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By Melissa Goh
Published on 19 May 2023