What are the effects of commercialization for basic needs like - Medical, Education, Foods even others?

Depend upon the person who is analyzing.

case-1: If the analysis is from business point of view then, Good opportunity, you can create demand in the market by manipulation and running demand and supply tactics, which is a common business practice nowadays. You can make lot of money as sky is the limit.

Case-2: from common man point of view, it is a disaster as he can not afford these facilities, gradually he will go far from these basic needs then end life as nothing like birds and animals.