Here are five key takeaways:
1. The expanding scientific database, increased demand for personalized healthcare and the need to decrease healthcare expenditure levels are driving the market’s growth.
2. The rising geriatric population may also lead to the market’s growth.
3. Many organizations have partnered with technology firms to enhance their products and services. Johnson and Johnson as well as Medtronic partnered with IBM to use its computing platform, spurring the market’s growth.
4. North America leads the market, comprising 52 percent of the market share.
5. Asia Pacific is the fastest growing market due to an increase in public and private investments in the healthcare sector.
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