Healthcare Industry in Nepal vs. USA

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Healthcare industry or medical industry is a sector within the economic system, which treats people with rehabilitative, preventive, and curative care.
The United States leads the world in healthcare industry. The world leader in healthcare services and innovator in cutting edge, diagnostics and treatments. US hospitals to create a platform for biomedical innovation and different academic and medical centers provide sophisticated advanced care. Highly skilled workforce that includes physicians, nurses and technician who leads the world in production of medical technologies and is one of the world’s largest consumers support the US healthcare industry. The US healthcare industry is further subdivided into different subsections like academic medical centers, nursing and residential care facilities, In-patient care, and Ambulatory care. The medical device companies of the United States are highly regarded globally for their innovation and expertise for high technology product. They are more focused into research and development, which in result have been able to hold a competitive advantage in several industries that medical technology relies. The US health care system accounts for more than 2.5 trillion in annual expenditure. Despite such a large investment in healthcare industry the burden created by escalating cost is not sustainable. The health care landscape is shifting to address issues that require a tighter budget in an increasing uncertain healthcare environment. Hospitals and healthcare facilities are evolving to establish clinically integrated models with a more coordinated view of the patient across the system.
Healthcare organization can hear the thundering footsteps of millions of insured people on the horizon. Yet ...

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...p://www.plunkettresearch.com/health-care-medical-market-research/industry-and-business-data
Rai Bhrikuti, April 13, Making A Difference: The herbal way of Life, Nepali Times, Retrieved from: http://nepalitimes.com/news.php?id=18843
RSS20 (2013), Herbal Medical Plants of Nepal, Retrieved from: http://www.nepalhomepage.com/herbal-medical-plants-of-nepal.html
Select USA, (2014), The Health and Medical Technology Industry in United States, Retrieved From:http://selectusa.commerce.gov/industry-snapshots/health-and-medical-technology-industry-united-states
Triple Tree, (2012), “Healthcare Industry”, Retrieved From: http://www.triple-tree.com/research/healthcare/
World Health Organization, (November 2007),” Health System in Nepal: Challenges and Strategic Options, Country office For Nepal,” Retrieved From: http://www.nep.searo.who.int/LinkFiles/Health_Information_HSC.pdf,

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