The Blockchain Technology in Healthcare market size is estimated to grow from USD 139.3 Million in 2020 to USD 5509.1 Million by 2027, growing at a CAGR of 69.1 % during the forecast year from 2021 to 2027.
Need for cyber security in healthcare, growing fraudulent drugs in circulation, evolution of Blockchain as a service and initiatives taken by governments to secure patients data are the major growth drivers for adoption of Blockchain Technology in Healthcare sector. In addition, soaring investment in the development of productive healthcare record systems, wearable devices cryptography, and medical examination systems is foreseen to provide the market with good opportunities.
North America is anticipated to witness the largest share in the Blockchain Technology in Healthcare market during the forecast period; due to the initiatives taken by government to reduce incidence of medical data breaches. Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Europe holds a significant position in Blockchain Technology in Healthcare market owing to the rise in number of clinical trials with increasing research and development expenditure in pharmaceutical industry and growing awareness about blockchain technology in the region.
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The Blockchain Technology in Healthcare market is segmented by application, end-user, and region. Blockchain Technology in Healthcare has been witnessing a massive demand over the last few years, due to the digital transformations by organizations and the relevance of applications.
The research covers the current and historic Blockchain Technology in Healthcare market size and its growth trend with company outline of key players/manufacturers: IBM, Microsoft, Guardtime, Pokitdok, Gem, Patientory, Hashed Health, Chronicled, Isolve, Factom, Emerging Healthcare Blockchain Companies, Blockpharma, Medicalchain, Simplyvital Health, Farmatrust among others.
The Blockchain Technology in Healthcare market research report provides an in-depth overview of the industry including market segmentation by deployment, service, platform, organization size, application, industry vertical and region. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
Market Analysis and Insights: Blockchain Technology in Healthcare Market Analysis & Insights
Blockchain Technology in Healthcare Market Scope and Market Size
Blockchain Technology in Healthcare market is by application, end-user, and region. Players, stakeholders, and other participants in the global Blockchain Technology in Healthcare market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.
Report further studies the market development status and future and Market trend across the world. Also, it splits Blockchain Technology in Healthcare market segmentation by application, end-user, and region to deep dive research and reveals market profile and prospects.
Major Classifications are as follows:
By Application
- Data Exchange & Interoperability
- Claims Adjudication & Billing Supply Chain Management
- Supply Chain Management
- Clinical Trials
- Cyber Security
- Others
By End User
- Pharmaceutical Companies
- Healthcare Service Providers
- Healthcare Consumers
- Other End Users
By Region
- North America
- Europe
- Middle East and Africa (MEA)
- Asia-Pacific (APAC)
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Contents:
- EXECUTIVE SUMMARY
- INTRODUCTION
- Key Takeaways
- Report Description
- Market Scope & Definition
- Stakeholders
- Research Methodology
- Market Size
- Key Data Points From Primary Sources
- Key Data Points From Secondary Sources
- List Of Primary Sources
- List Of Secondary Sources
- MARKET OVERVIEW
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
- Pricing Analysis
- IMPACT OF COVID-19 ON MARKET
- Impact Of Covid-19 On Blockchain Technology in Healthcare Market, By Application
- Impact Of Covid-19 On Blockchain Technology in Healthcare Market, By End User
- Impact of Covid-19 On Blockchain Technology in Healthcare Market, By Region
- BY APPLICATION
- Introduction
- Data Exchange & Interoperability
- Claims Adjudication & Billing Supply Chain Management
- Supply Chain Management
- Clinical Trials
- Cyber Security
- Others
- BY END USER
- Introduction
- Pharmaceutical Companies
- Healthcare Service Providers
- Healthcare Consumers
- Other End Users
- BY GEOGRAPHY
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest Of Asia Pacific
- Rest of the World
- Middle East
- Africa
- North America
- COMPETITIVE ANALYSIS
- Introduction
- Top Companies Ranking
- Market Share Analysis
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- COMPANY PROFILES
- IBM
- Microsoft
- Guardtime
- Pokitdok
- Gem
- Patientory
- Hashed Health
- Chronicled
- Isolve
- Factom
- Emerging Healthcare Blockchain Companies
- Blockpharma
- Medicalchain
- Simplyvital Health
- Farmatrust
