1. Private universities dominate the Malaysia Medical Education Market.
Private universities account for the majority of the universities present in Malaysia. Growing economy is the biggest reason for the growing private colleges in Malaysia. All public and private universities offer Bachelor’s Course (MBBS/MD) while mostly public universities offer specialization course. Public medical colleges in Malaysia are concentrated in the peninsular coastal region while private colleges are spread across the nation. Central region accounts for ~56% of all the private universities present in Malaysia. Youth in these regions have a high inclination towards Medical Education compared to other regions. Top ranked universities are situated in Kuala Lumpur and Selangor, hence the influx of local and foreign students is really high. Post medical studies mostly all top hospitals are situated here.
2. Number of Graduate Physicians has declined in 2020 in Malaysia due to the pandemic.
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There is a decline in the number of graduate physicians per year, as almost a thousand students dropped out due to being watered-down or low grade, and entrance exam score and passing requirement, so they are looking at the possibility of increasing the standards. Dropouts from medical schools is relatively high in Malaysia. Colleges have been facing difficulty to conduct exams due to the pandemic which is a major reason for the decline in Graduates of 2020. This challenge has been similar for both Bachelor and master Courses.
3. More preference towards other specializations has greatly influenced the conversion rate for Internal Medicine over the years.
There has been a rise in the number of non-communicable diseases over the years which has attracted a lot of medical aspirants to opt courses such as internal medicine. High demand and rising salaries globally gave rise to more internist in the Medical Education Industry. However, there has been a decline in the admissions for year 2020 due to the COVID-19, but the number of graduates are high since it is based on the 2016-2017 admissions.
4. Anesthesiology is a safety-oriented specialty and a popular one, as it is a must for all surgical specialties.
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Vigorous training is required to become an anesthesiologist. It requires in depth acquisition of knowledge in key areas, such as the pharmacokinetics (i.e. the effect of the body on a drug) and pharmacodynamics (i.e. the effect of the drug on the body). In addition to pharmacology, anesthesiologists must be versed in mechanical ventilation, various monitors of physiological functioning, neuroanatomy and other general areas of medicine. There has been a decline in the conversion for the specialized courses due to impact of COVID-19. Similar trend was observed in anesthesiology.
For more insights on the market intelligence, refer to the link below:-
Malaysia Medical Education Market
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