Market Research & Consulting Services | Reports and Data

The high prevalence of chronic diseases is one of the significant factors influencing the market growth.

Market Size – USD 1.13 billion in 2019, Market Growth - CAGR of 9.5%, Market Trends – High returns on investment on CDSS solutions

New York, May 18, 2020 - The global clinical decision support system (CDSS) marketis expected to reach USD 2.41 Billion by 2027, according to a new report by Reports and Data. The increasing incidences of chronic diseases across different parts of the globe would impact the clinical decision support system (CDSS) market positively. The increasing instances of chronic disorder would lead to an increased number of patients entering the hospitals, which would increase the amount of data at the hospitals' end. Thus, a precise and error-free tool for handling the data would be an inevitable need, where CDSS would come into play. For instance, Machine learning has operated a CDS device at the University of Pennsylvania that reduces the time for sepsis diag…

An increase in the adoption of emerging technologies like artificial intelligence and the need for achieving greater efficiency in healthcare service delivery are driving the market demand.

Market Size – USD 63.80 Billion in 2019, Market Growth - CAGR of 28.5%, Market Trends – Growing demand for better healthcare in developing nations.

New York, May 15, 2020 - The global IoT in Healthcare Market is forecast to reach USD 435.75 Billion by 2027, according to a new report by Reports and Data. The success of IoT in healthcare can be attributed to speedy, error-free transmission of data across devices. As of 2018, 3.7 million medical devices were connected to the internet.


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Therapeutic and injury prevention medical devices, blood pressure monitors, inhalers are being connected to the internet to provide real-time data. Market growth can also be attributed…

An upsurge in demand for telehealth systems, coupled with a rapid adoption rate of endless numbers of home healthcare systems globally amid the COVID-19 outbreak owing to lack of sufficient isolation wards & critical units.
Market Size – USD 280.76 Billion in 2019, Market Growth - CAGR of 11.6%, Market Trends – Increase in demand for the home healthcare solutions for geriatric & contagious diseases.
New York, May 20, 2020 - The Global Home Healthcare Market is forecast to reach USD 680.35 Billion by 2027. The global Home Healthcare market is currently observing a tremendous pace owing to the growing prevalence of the telehealth system, the rising cost of the hospital beds, unavailability of the ambulance service in rural or remote areas, availability of the skilled nursing care at home, and overall affection for the home healthcare systems compared to hospital admissions coupled with growing geriatric population, pediatric deformity, the proliferation of chronic diseases, and …

Increased recognition of the role of pharmacovigilance, the investigation, and marketing of a wider range of diverse medicinal products, increased R&D investments and more stringent and detailed regulatory requirements are key factors contributing to high CAGR of Pharmacovigilance during the forecast period.
Market Size – USD 4.33 Billion in 2018, Market Growth - CAGR of 13.1%, Market Trends – Product launches and research and development for advanced Pharmacovigilance
According to the current analysis of Reports and Data, the global Pharmacovigilance market was valued at USD 4.33 billion in 2018 and is expected to reach USD 11.54 billion by the year 2026, at a CAGR of 13.1%. The safety concern of drug is now becoming the priority area of interest all across the world. It has opened the eyes of drug regulators as well as another regulatory body to establish a way to ensure drug safety concerns; previously, the issues were in shadow. The drug safety issues were globalized, strength…

Government initiatives for launching the telehealth sector in rural areas, increased demand for the cloud-based segment, and wireless technology are key factors contributing to the growth of the market.
Market Size – USD 21.73 Billion in 2019, Market Growth - CAGR of 16.8%, Market Trends – Surge in remote patient monitoring systems.
New York, May 20, 2020 - The global Telehealth market is forecast to reach USD 75.51 Billion by 2027, according to a new report by Reports and Data. The market has witnessed an increase in demand in the past few years owing to the growing penetration of the internet and the emergence of advanced technologies in the healthcare sector. Digital health has developed into a successful business, attracting several industries from the outside of healthcare.

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The COVID-19 impact: The COVID-19 virus pandemic has initiated a seismic wave of health anxiety and awareness, which is triggering a…

Changing lifestyle trends and growing awareness about hygiene is one of the significant factors influencing the market growth.

Market Size – USD 2.87 billion in 2019, Market Growth - CAGR of 11.3%, Market Trends – Growing demand for sanitization amid COVID-19 pandemic


The global Hand Sanitizer market is expected to reach USD 7.32 Billion by 2027, according to a new report by Reports and Data. The growing demand for hand sanitizers is owing to its benefits in decreasing the transmission of gastrointestinal and respiratory infectious diseases, as well as it possesses constituents that prevent skin dryness and irritation as compared to hand-washing. Studies have found that the use of hand sanitizers in classrooms may lessen student absenteeism by around 20.0% owing to illness. Further, growing awareness about hand hygiene to check the spread infections contracted in hospitals is driving the market demand.

COVID-19 Impact
The outbreak of COVID-19 pandemic has resulted in a spiraling increas…