The rise and risks of medical tourism

Medical tourism is a booming industry dominated by Asian countries including India, Thailand and Singapore. India alone saw 2.5 million medical tourists in 2012 and one Thailand hospital serves 400,000 patients annually. This trend shows no signs of abating. According to Transparency Market Research, in 2012 the global medical tourism market was $10.5 billion and is estimated to reach $32.5 billion by 2019. Scarcity of medical resources, improved communication between countries, globalization of health care, internet marketing and ease of travel have also boosted the industry.

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