Leading the integration of lifestyle, wellness, and healthcare, KL Wellness City will be the first in Southeast Asia to envision and pioneer a 360-degree ecosystem designed to nurture all aspects of wellness living.
KLWC will establish an internationally-acclaimed Tertiary Hospital, offering Centres of Excellence in areas including cardiology, spine health, neuro health, sports medicine, plastic cosmetics surgery, fertility, and stem cell therapy. Offering frontier-breaking wellness support and healthcare technology, the hospital will also be supplemented by a Traditional Chinese Medicine (TCM) centre, as well as hundreds of medical specialist suites.
Transcending the traditional boundaries of healthcare, KLWC’s progressive wellness hub will also be home to a healthcare mall uniquely designed to serve as a one-stop solution for the body and the mind. Amongst its comprehensive catalogue of products and services, the mall will feature a 24-hour pharmacy, alternative medicine services (such as traditional medicine and Ayurvedic medicine), chiropractic and acupuncture centres, nutrition and dietary stores, gymnasiums, fitness centres, and even a beautifully-landscaped Central Park.
Serving as a healthcare nexus, KLWC will also include a retirement resort, wellness-centric serviced apartments, healthcare company office towers, R&D facilities for clinical studies, and much more.
In building a comprehensive ecosystem, KLWC positions itself to serve as Southeast Asia’s leading destination for integrated healthcare, wellness living, and healthcare tourism.
Malaysia medical tourism industry continues to grow at an average 16% to 17% annually …
reported by Malaysia Healthcare Travel Council (MHTC)
As experts in the healthcare industry, the KLWC team fully understands the future of the healthcare market, notably within the context of the rising ageing population, the Malaysian government’s efforts to drive health tourism, and the large role that health tourism plays in contributing to the nation’s GDP.
Thanks to globalisation of healthcare, Southeast Asia’s health tourism is booming at an impressive rate. Within that, Malaysia has been consistently offering healthcare and medical care options comparable to world standards.
For Malaysia, the health tourism industry has been climbing at an average of 16%-17% annually (as reported by the Malaysia Healthcare Travel Council (MHTC)), resulting in revenue inflows and a burgeoning GDP. In 2017 alone, Malaysia had more than one million healthcare tourists from Indonesia, China, and Singapore.
More statistics are illustrated below:
MALAYSIA… A TOP HEALTHCARE TRAVEL DESTINATION
Malaysia has been recognized as the:-
Healthcare and Medical Tourism: Destination of the Year
for three consecutive years from 2015 to last year
by the ‘International Medical Travel Journal (IMTJ)’.
MHTC Insight 2018
Frost & Sullivan 2018
NST, International Medical Travel Journal (IMTJ)
Riding the Wave of Health Tourism
Understanding, anticipating, and leveraging on the growth of health tourism in Malaysia and the region, KLWC is designed and optimized to both bolster and benefit from the booming industry.
- National agenda: With strong government support, compounded with incentives and increased budgets in health tourism, Malaysia can confidently expect continued substantial growth. With an annual growth of 16%-17% on average, Malaysia’s health tourism industry even surpasses its global counterparts, with their growth averaging between 12%-14%. By 2030, health tourism revenues are projected to exceed 17.7 billion USD, accounting for more than 3.7% of Malaysia’s 2030 National GDP.
- Credibility: Malaysia’s healthcare quality is further reflected with the acknowledgment as Best Healthcare in the World by the 2019 International Living Annual Global Retirement Index.
- Cost advantage: Affordable medical costs also render Malaysia one of the world’s primary destinations for health tourism – according to Patients Without Borders, health tourists in Malaysia benefit from savings ranging 65%-80%, compared to the costs incurred in the United States for similar medical procedures.
- Growth and momentum: Optimized for health tourism, KLWC positions itself as the region’s primary one-stop hub for comprehensive healthcare. By setting new heights in serving health tourists, the wellness city’s vision in integrating leading medical care and wellness living will indubitably propel the nation ahead in global health tourism.
In the recent decade, the Traditional & Complementary Medicine (TCM) market has expanded substantially – the number of outpatients in Malaysia for TCM has increased at an average rate of 15%-20% annually since 2009, with the estimated annual number of outpatients in 2017 being 78,000, compared to 12,000 in 2009. In tandem, the estimated expenditure on TCM has also increased – from 319 million MYR in 2009 to 504 million MYR in 2017, resulting a CAGR of 5.9% (Source: MOH – Incorporating Traditional & Complementary Medicine (T&CM) into Pain Management in MOH Hospitals, MOH Health Expenditure Report 1997-2016).
KL Wellness City is uniquely designed to cater to various and all segments of the medical population. As such, amongst its array of healthcare solutions, resources, and facilities, the comprehensive wellness hub will boast a Traditional Chinese Medicine (TCM) Centre to supplement its Western medicine practices.
Built on a foundation of more than 2,500 years, TCM is a unique paradigm of alternative medicine encompassing:
- Herbal Medicine
- Moxibustion (the burning of herbs above the skin to apply heat to acupuncture points)
- Chinese Therapeutic Massage (Tui Na)
- Dietary Therapy
- Tai Chi and Qi Gong (practices that combine specific movements, coordinated breathing, and mental focus)
TCM has been gaining global recognition and is now being taught as a complementary subject in medical schools across the region. According to the National Centre for Complementary and Integrative Health (NCCIH) at National Institutes of Health (NIH), it was estimated in 1997 that 10,000 TCM practitioners served more than 1 million patients each year in the United States (USA). According to the 2007 National Health Interview Survey (NHIS), an estimated 3.1 million US adults used acupuncture, 2.3 million practiced Tai Chi, and 600,000 practiced Qi Gong in the previous year. The number of visits to acupuncturists tripled between 1997 and 2007.
Given the significant and increasing use of TCM in both the eastern and western medical world, KL Wellness City’s TCM centre and its incorporation to our patients’ holistic care therefore anticipates overwhelming demand – along with propelling the industry forward across its various disciplines and practices.