Globalization Positive Impact on the Healthcare Industry (Essay Sample)

Globalization Positive Impact on the Healthcare Industry
The healthcare industry was less vulnerable to globalization but due to technological advancements and medical arms race, globalization has reached medical sector and surgery. Globalization of the healthcare industry has several advantages as examined on this paper.
The race for technological superiority has seen to it that world`s super powers compete in inventing superior medical equipment for surgery, X-rays and general healthcare facilities. This has led to extensive research on various diseases and cures have come up. Researchers from different parts of the world come together to see to it that they come up with vaccines and antibiotics in cases of disease outbreaks such as Ebola. It has also enhanced the spread of new technologies.
There has been increased access to healthcare which has a tremendous impact on life expectancy levels in USA and the rest of the world. Almost everyone in the United States and the rest of the world will at one point require medical attention at one point in life. People from poorer countries can now access surgeries in other countries. This has in turn increased the life expectancy levels worldwide.
Globalization has helped scientists and doctors to create awareness about deadly diseases a...