Nations see the money flowing into healthcare and want a share for themselves. They also see real advantages to becoming healthcare delivery hubs.
India is forecast to have three percent of the global medical tourism market by the end of 2013, according to a piece published by the University of Pennsylvania''s Wharton School of Business. But it wants much more.
India hopes to use medical tourism to build its healthcare infrastructure. While it has well trained doctors and up-to-date hospitals, healthcare remains out of the reach of many Indians.
In 2010, more than 20,000 medical tourists visited South Korea. The majority were Korean-Americans.
Surprise! The biggest share of medical tourism dollars actually goes to the United States. Those coming to the U.S., however, aren''t looking to cut costs. No, medical tourism to the U.S. is based simply on the high level of medical technology here.
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