Blockchain Technology in Healthcare Market Size, Industry Analysis Report, Statistics , Application, Development, Price Trends, Competitive Market Share & Forecast, 2020 – 2025

Latest research report on ‘Blockchain Technology in Healthcare Market’ delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.

Blockchain Technology in Healthcare Market was valued at USD 38.9 Million in 2018, and is estimated to reach at USD 1547.3 Million by 2025, registering a CAGR of 69.2% over the forecast period.

Increasing demand for easy to use and inexpensive data management tools is the key factor driving the growth of Global Blockchain Technology in Healthcare Market.

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Blockchain technology is one of the most important and disruptive technologies in the world. There is an increasing of the blockchain technology in various industries to innovate the way they function. One of the industries that are looking to adopt the blockchain is the healthcare industry. A blockchain can be simply defined as a time-stamped series of immutable record of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data are secured and bound to each other using cryptographic principles. Blockchain technology has the potential to transform health care, placing the patient at the center of the health care ecosystem and increasing the security, privacy, and interoperability of health data. It can provide a new model for health information exchanges (HIE) by making electronic medical records more efficient, secure and disintermediated.

Blockchain technology in healthcare market report is segmented on the basis of type, application, end-users and regional & country level. Based upon type, blockchain technology in healthcare market is segmented into public and private. Based upon application, the market segmented is into supply chain management, clinical data exchange and interoperability, claims adjudication and billing management, other applications. Based upon end-user, blockchain technology in healthcare market is segmented into pharmaceutical companies, healthcare payers, healthcare providers, other end users.

The regions covered in this Blockchain Technology in Healthcare Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Blockchain Technology in Healthcare Market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Blockchain Technology in Healthcare Companies

Key market players, of Blockchain Technology in Healthcare Market are like,

  • IBM
  • Microsoft
  • Guardtime
  • Pokitdok
  • Gem
  • Patientory
  • Hashed Health
  • Chronicled
  • Isolve
  • Factom
  • Blockpharma
  • Medicalchain
  • Simplyvital Health
  • Farmatrust

Increasing Threat of Counterfeit Drugs is One of Major Factors Driving the Market Growth.

Increasing incidences of information leaks, to reduce drug counterfeit and strategic initiatives taken by the key players are the major factors driving the growth of this market. Counterfeit medicines are on the ascent, murdering an expected 1 million individuals per year. For example; The World Health Organization (WHO) gauge that around 10% of prescriptions over the world are fake and that this rate is as high as 30% in certain zones of Asia, Latin America and Africa. Thus, the OECD has reasoned that the fake pharmaceutical industry is worth some place in the district of $200bn every year – for correlation, the illicit medication exchange is worth around $246bn. Due to how rewarding the fake prescription business currently is, it has seen emotional development as of late, making Interpol report a nine-fold increment in the volume of phony medications provided between 2011–14. Blockchain innovation, infamous for its applications in verifying tremendous swathes of information such that is difficult to control, can possibly handle this developing illegal industry by following the development of medications. In addition, growing need for efficient health data management system and increasing prevalence of diseases are expected to create huge amount of data and supplement the market growth. However, Lack of a central entity & common set of standards may hamper the market growth. Moreover, leveraging blockchain technology in healthcare records will ensure that the data cannot be altered to ensure the data integrity.

North America is Expected to Dominate the Blockchain Technology in Healthcare Market.

North America is expected to dominate the global technology in healthcare market within the forecast period. According to The United States Census Bureau, more than 91.2 Million Americans were secured by medicinal services protection, out of which Medicaid gave protection inclusion to the 19.4% and Medicare represented 16.7% and 16.2% profited protection benefits by direct-buy. To keep up the constant record of protection holder’s insurance agencies can favor Blockchain innovation in future. The European market is expected to be the second-largest market for blockchain innovation in social insurance showcase. The market development in this district can be credited to the expanding number of clinical preliminaries with expanding innovative work consumption in pharmaceutical industry, expanding mindfulness about Blockchain innovation in the area, and rising social insurance use is relied upon to drive the development of the market.

Asia-Pacific is expected upon to be the quickest developing blockchain innovation in social insurance advertise within the forecast period attributable to the expanding non-exclusive pharmaceutical industry in the district, consistently expanding interest in human services, and reception of innovation in medicinal services.

Key Benefits for Market Report–

Global Blockchain in Technology Healthcare Market report covers in-depth historical and forecast analysis.

Global Blockchain Technology in Healthcare Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.

Global Blockchain in Technology Healthcare Market report helps to identify opportunities in marketplace.

Global Blockchain in Technology Healthcare Market report covers extensive analysis of emerging trends and competitive landscape.

Blockchain in Technology Healthcare Market Segmentation:-

By Type:- Public, Private

By Application:- Supply Chain Management, Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, Other Applications

By End-User:- Pharmaceutical Companies, Healthcare Payers, Healthcare Providers, Other End Users

Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

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Table of Content

Chapter 1 Global Blockchain Technology in Healthcare Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Blockchain Technology in Healthcare Market Revenue Overview
1.3 Global Blockchain Technology in Healthcare Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025

Chapter 2 Global Blockchain Technology in Healthcare Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.2.1 Increasing need to improve the process in order to comply with new standards is anticipated to witness a high growth of Blockchain Technology in Healthcare Market
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Blockchain Technology in Healthcare Market: SWOT Analysis
2.7 Global Blockchain Technology in Healthcare Market: PEST Analysis
2.8 Global Blockchain Technology in Healthcare Market: Attractiveness Analysis
2.8.1 Global Blockchain Technology in Healthcare Market: Attractiveness Analysis by Type
2.8.2 Global Blockchain Technology in Healthcare Market: Attractiveness Analysis by Grade
2.8.3 Global Blockchain Technology in Healthcare Market: Attractiveness Analysis by Regional

Chapter 3 Competitive Analysis
3.1 Global Blockchain Technology in Healthcare Market
3.1.1 Global Blockchain Technology in Healthcare market Revenue (USD Billion), By Players 2018
3.1.2 Global Blockchain Technology in Healthcare Market Revenue Share (%), By Players 2018

Chapter 5 Global Blockchain Technology in Healthcare Market: By Types
5.1 Global Blockchain Technology in Healthcare Market Share (%), By Types, 2018
5.2 Global Blockchain Technology in Healthcare Market Revenue (USD Billion), By Types, 2015 – 2025
5.3 Global Blockchain Technology in Healthcare Market Revenue (USD Billion), Based,2015-2025
5.4 Global Blockchain Technology in Healthcare Market Revenue (USD Billion), Based,2015-2025
5.5 Global Blockchain Technology in Healthcare Market Revenue Share (%), By Types, 2015 – 2025
5.6 Global Blockchain Technology in Healthcare Market Revenue Market Share (%), By Types, 2015-2025

Chapter 6 Global Blockchain Technology in Healthcare Market: By Application
6.1 Global Blockchain Technology in Healthcare Market Share (%), By Application, 2018
6.2 Global Blockchain Technology in Healthcare Market Revenue (USD Billion), By Application, 2015 – 2025
6.3 Global Blockchain Technology in Healthcare Market Revenue (USD Billion), Enterprises, 2015-2025
6.4 Global Blockchain Technology in Healthcare Market Revenue (USD Billion),2015-2025
6.5 Global Blockchain Technology in Healthcare Market Revenue Share (%), By Application, 2015 – 2025
6.6 Global Blockchain Technology in Healthcare Market Revenue Market Share (%), By Application, 2015-2025

Chapter 7 North America Blockchain Technology in Healthcare Market Analysis
7.1 North America Market Snapshot
7.1.1 North America Blockchain Technology in Healthcare Market Revenue and Growth Rate (%), 2015-2025.
7.1.2 North America Blockchain Technology in Healthcare Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
7.1.3 North America Blockchain Technology in Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
7.1.4 North America Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Type, 2015-2025
7.1.5 North America Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Types, 2015-2025
7.1.6 North America Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Application , 2015-2025

Chapter 8 Europe Blockchain Technology in Healthcare Market Analysis
8.1 Europe Market Snapshot
8.1.1 Europe Blockchain Technology in Healthcare Market Revenue and Growth Rate (%), 2015-2025.
8.1.2 Europe Blockchain Technology in Healthcare Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
8.1.3 Europe Blockchain Technology in Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
8.1.4 Europe Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Type, 2015-2025
8.1.5 Europe Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Types, 2015-2025
8.1.6 Europe Blockchain Technology in Healthcare Revenue (USD Billion) Overview, by Application, 2015-2025

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