CATEGORY: Global Perspective
As the Fourth Industrial Revolution (4IR) gains pace, labour markets must adapt to meet the changing needs of the communities and economies they serve. Policy and business models are evolving in order to leverage disruptive technology – including artificial intelligence (AI) – and benefit from enhanced connectivity and productivity. A shift in education will be key to ensuring that populations have the skills to both adapt to and build on new technologies and the changes they spur.
Medical tourism is on the rise across the world, driven by the increasing cost of health care services in many developed economies, coupled with falling costs for international travel. The global market was valued at $16.8bn in 2018 and at the time was expected to grow to $27.2bn by 2024.