An international BLOCKCHAIN FOR HEALTHCARE market report is a window to the HEALTHCARE industry which explains what market definition, classifications, applications, engagements and market trends are. This market report delivers comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market. This market research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. BLOCKCHAIN FOR HEALTHCARE report helps gain an extreme sense of evolving industry movements before competitors.
Nowadays, businesses get highly benefited with the different segments covered in the market research report which provides better market insights to them with which they can drive the business into the right direction. The universal BLOCKCHAIN FOR HEALTHCARE market analysis report serves a lot for the business and gives solution for the toughest business questions. Market drivers and market restraints help businesses to get idea about the production strategy. The report helps strengthen organization and make better decisions for driving business on the right track. With the use of integrated approaches and latest technology for the best results BLOCKCHAIN FOR HEALTHCARE report has been generated.
In the past few years, the blockchain for the healthcare market’s growth was slowing down due to regulatory and behavioral barriers for the adoption of telehealth. However, the importance of remote diagnosis, care, and consultation was emphasized again after the COVID-19 as many healthcare providers are currently experimenting with video conferencing and phone calls, this segment's growth will skyrocket in the next few years. Moreover, the market is expected to grow with the same pace post COVID owing to the growing importance of such technology.
Data Bridge Market Research analyses that the blockchain for healthcare market is expected to grow at a CAGR of 72.0% during the forecast period. The “drug supply chain management” accounts for the largest application segment in the blockchain for healthcare market within the forecasted period.
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Driver:
The increasing incidence of healthcare data breaches along with the increasing concern about the confidential information of patients are the most significant factor driving the growth for this market. Healthcare data breaches frequently expose highly sensitive information, ranging from personally identifiable information like social security numbers, names, and addresses to sensitive health information like Medicaid ID numbers, insurance information and patients' medical histories.
Moreover, the increasing threat of counterfeit drugs, increasing adoption of blockchain as a service (BaaS), and transparency and immutability of the distributed ledger technology are also expected to fuel market growth. The use of blockchain to reduce IT and operational costs in insurance process and increasing government initiatives and growing investments in the development of efficient healthcare record systems also cushions the market’s growth within the forecasted period.
Furthermore, the emergence of blockchain as a valid solution in the healthcare industry players extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Moreover, the various investments by government bodies across the globe in blockchain to research will further expand the blockchain for healthcare market's growth rate in the future.
Some key players mentioned in the report are:
IBM, Microsoft, Guardtime., Gem, Hashed Health, Chronicled, iSolve, LLC, Patientory Inc., accumulatenetwork, factomprotocol., Medicalchain SA., Proof.Works, Blockchain AI Solutions Ltd, Change Healthcare, and Doc.ai, Inc,
Key Insights that Study is going to provide:
- The 360-degree Blockchain for Healthcare overview based on a global and regional level
- Market Share Sales Revenue by Key Players Emerging Regional Players
- A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger Acquisition / Recent Investment and Key Developments]
- May vary depending upon availability and feasibility of data with respect to Industry targeted
- Patent Analysis** No of patents / Trademark filed in recent years.
- A complete and useful guide for new market aspirants
- Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
- Various Blockchain for Healthcare industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
By Type (Public, Private), Application (Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, Drug Supply Chain Management, Drug Discovery and Clinical Trials, Prescription Drug Abuse, Others), End User (Pharmaceutical Companies, Healthcare Providers, Healthcare Payers, Others)
The countries covered in the Global Blockchain for Healthcare Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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