The global healthcare market is forecast to reach USD $53.65 billion by 2025, according to a new report by Grand View Research. Several factors, including the crucial need to reduce healthcare spending among hospitals and providers, are expected to drive the market. The increased adoption of data-enriched tools such as mHealth, eHealth, Electronic Health Records and mobile apps are creating more a personalized treatment approach for patients. The report also states, “with the combination of artificial and human intelligence data analytics, which offer wide opportunities to further customize medical approaches, the demand for these tools is anticipated to increase over the forecast period”. Increased merger and acquisition activity, accelerated speed for innovation, encouraging drug launches as well as the growing demand for new drugs are some of other the driving forces expected to fuel the growth of the healthcare sector this year. As healthcare companies work to develop fresh methods for improving the quality of care, the industry may unite to meet the demands.Click Here For Today's Trending Healthcare/Biotech Stocks