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SUBJECT:
The outlook for 'medical tourism'.
SIGNIFICANCE:
In a global economy characterised by better access to information and lower transportation costs, North American consumers are discovering that they can get high quality health care more cheaply and more quickly in some developing countries. However, medical tourism may only have a marginal effect on costs in North America.
Word Count (approx): 1201
Headings
- Rising demand
- Specialty care
- Dental care
- Cost-benefit analysis
- Benefits
- Potential risks
- Competition
- Overseas impacts
- Domestic changes
- US employer responses
- Equity issues
- Outlook
- Insurance market
- Legislation
- Image problem
- Inelastic demand
Primary Keywords: NA, Canada, India, United States, economy, industry, consumer, foreign trade, health, insurance, leisure
Secondary Keywords: Asia, Costa Rica, Middle East, South Africa, Thailand, politics, advertising, employment, government, infrastructure, legislation, poverty, unions, wages
What is this article?
This article is from Oxford Analytica's Daily Brief Services, which analyse geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year.
An extensive and unique commissioning and editing process produced this article, ensuring it is of the maximum use to our clients. Unlike most of our competitors, the typical contributor is a senior academic with more than 10 years' experience of their field. The typical article is around 1200 words long. Find out more about the Oxford Analytica Daily Brief Services,
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