Malaysia: A Promising Future for Traditional and Herbal Medicine

Traditional and herbal medicine has been used for centuries, but its importance has become increasingly evident in recent times as the world recognises their immense potential to complement modern medicine. These medicines are derived from natural sources, including plants, animal by-products, and minerals, often used in raw form or as crude extracts. Traditional practices across various cultures have long relied on these remedies.

Herbal medicine, also known as botanical medicine, involves the therapeutic use of plants. These plants produce a wide range of chemical compounds that interact with the body, offering preventive and therapeutic benefits for various diseases. According to the World Health Organisation (WHO), about 40% of modern pharmaceutical products widely used today were derived from traditional knowledge. For example, aspirin was discovered through the extraction of the salicylic acid from willow bark, which was then synthesised as a painkiller and fever reducer.

The global herbal medicine market is experiencing remarkable growth. In 2023, the global herbal medicine market was valued at USD216.4 billion and is projected to reach USD 437 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 8.17%. This remarkable growth is fuelled by:

• Increased Consumer Confidence – Natural medicines are often perceived as safer and associated with fewer side effects.
• Preventive Healthcare Trends – A growing preference for disease prevention over treatment is fueling demand.
• Rising Healthcare Cost – Escalation of expenses for conventional treatments encourage consumers to explore more affordable alternatives.
• Technological Advancements – Enhanced extraction and processing techniques are increasing the efficacy and accessibility of herbal medicines.
• Stronger Regulatory Support – Global authorities are validating herbal products, further strengthening the industry’s credibility.

Malaysia’s rich cultural diversity and abundant biodiversity make it a natural home for traditional and herbal medicine. The country offers a unique blend of traditional Malay medicine, Islamic medical practices, traditional Chinese medicine, and traditional Indian medicine. This diversity has earned Malaysia global recognition as a medical tourism destination. To further capitalise on this strength, the Malaysian government, through the Ministry of Health, introduced the National Traditional and Complementary Medicine (T&CM) Blueprint (2018–2027). This comprehensive plan aims to regulate and develop T&CM products and practices. The establishment of the Traditional and Complementary Medicine Division (T&CMD) in 2010 has been pivotal in drafting policies, implementing action plans, and raising awareness about T&CM regulations among practitioners and consumers.

Currently, 15 public hospitals in Malaysia offer T&CM services, including notable facilities such as Putrajaya Hospital, Port Dickson Hospital in Negeri Sembilan, and Sultanah Bahiyah Hospital in Kedah. The T&CM Unit at Putrajaya Hospital, established in 2008, provides therapies such as traditional Malay massage, acupuncture, and herbal treatments for cancer patients, as well as post-stroke rehabilitation and chronic pain management. The country boasts over 6,000 registered local T&CM practitioners, along with more than 100 foreign practitioners.

While still in its early stages for critical care and targeted therapies, T&CM offers a holistic approach to health, emphasising overall well-being and natural recovery. Furthermore, traditional medicine serves as a rich resource for drug discovery and development, a fact recognised by WHO.

The future of Malaysia’s traditional and herbal medicine sector is bright. Positive market trends, growing consumer acceptance, and supportive government policies create ample opportunities for investment in this sector. However, the industry’s long-term viability hinges on sustainable sourcing of raw materials. Efficient integration of resources, from farm to factory, at an economic scale is essential.

By adhering to these principles, Malaysia can establish itself as a global leader in the traditional and herbal medicine market, contributing significantly to national health and economic growth.

Decarbonising Malaysia’s iron and steel industry demands a comprehensive strategy encompassing investments in advanced technologies, clean energy infrastructure, supportive policies, targeted innovation, and workforce upskilling.

• Tax Incentives
• Duty Exemptions
• Financial Assistance Programmes

For further details, contact the Life Sciences & Medical Technology Division at https://www.mida.gov.my/staffdirectory/life-sciences-medical-technology-division/.

1. Fortune Business Insights
2. World Health Organisation
3. National Traditional and Complementary Medicine (T&CM) Blueprint