Will India set the price for teleradiology?
BACKGROUND
With a lower cost for labour, Indian teleradiologists have an absolute price advantage in the global market. However, because trade is determined by comparative advantage rather than absolute price advantage, India's ability to export teleradiology services may be limited. The issue is, can the 'India price' for teleradiology set the price for these services in the USA?


METHODS
Review of the economic literature concerning the global teleradiology market.


RESULTS
Currently, minimal information exists concerning the economic of global teleradiology market. However, a Ricardian analysis of this market suggests that India's ability to export teleradiology may be limited by rising opportunity costs (i.e. social unrest). Similarly, Heckscher-Ohlin analysis suggests that a lack of English-speaking physicians will limit India's ability to export teleradiology services to the USA.


CONCLUSIONS
It appears unlikely that India will gain sufficient market share in the USA to determine the price of teleradiology services.
McLean
Thomas R
TR
Third Millennium Consultants LLC, Shawnee, KS, USA. Thomas.McLean@va.gov
D003365:Costs and Cost Analysis; D006801:Humans; D038622:Internationality; D018803:Models, Economic; D020416:Outsourced Services / Q000191:economics*; D019112:Teleradiology / Q000191:economics*; D014481:United States