Case summary:
The case deals with the rise of medical tourism over the past 20 years. Medical service providers and patients began to use lower-cost alternatives, as the cost has been increased and there is a shortage of specialists in Country U. Due to the technology advancement in the medical field, the medical reports of the patients from Country U can be analyzed by the physicians in Country I.
Due to the process of outsourcing, patients can schedule their operations in foreign countries, where the expense is low. According to the case, medical tourism is not limited to Country U and patients from other countries with a developing economy can engage in medical tourism.
To determine: The primary beneficiaries of the growth of medical tourism.
Introduction:
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