There have been many advancements in the field of medicine in the recent past. Medical technologies are an important component of medical care and can provide significant positive benefits to patients. While some nations offer advanced medical facilities to its citizens, many people die worldwide everyday due to poor healthcare facilities. High-quality healthcare facilities are usually expensive.
Here are the 10 most advanced nations in medicine as of 2015.
Sweden’s Nordic social welfare system provides universal health care for its citizens. This Scandinavian country spends around 10 percent of its total GDP on healthcare. It ranks in the top five with respect to low infant mortality. The nation is particularly advanced in biotechnology. Key exports include Pharmaceuticals. Swedish medical innovations include the asthma medicines Bricanyl and Pulmicort including the stomach ulcer drug Losec, one of the best-selling drugs in the world. Medical devices such as imaging equipment, orthopedic implants, dialysis equipment, heart-lung machines, and ECG equipment, as well as laboratory studies of medicines are rapidly growing markets.
Australia invests more than $5 billion annually in medical research. Life expectancy in Australia is more than 79 years for males and around 84 years for females. Total expenditure on health is around 9.8 percent of GDP. The states manage the hospitals. Healthcare is provided by both private and government institutions.