Blockchain technology is used to collect and track information about transaction on real time basis. It is broadly defined as a decentralized system where a real time transactions are recorded and shared across peer-to-peer computer network. Blockchain technology provides healthcare services across the globe. Blockchain technology offers its services related to drug traceability. The technology helps drugs production facilities to lay down responsive actions by identifying the drug's exact location.
The rising need of patient confidentiality in hospitals and healthcare centers are increasing the demand of blockchain technology in healthcare market. Furthermore, growing need of network infrastructure security and uniform pattern of authorization to access electronic health information in hospitals are increasing the demand of block chain technology. However, a lack of awareness about the benefits of blockchain in the healthcare industry and a lack of skilled professionals can hamper the growth of the market. Besides, increasing government initiatives and growing investments in the development of efficient healthcare record systems is expected to increase the application of block chain technology in upcoming years and anticipated to drive the market growth in forecast years.
The "Global Blockchain in Healthcare Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The blockchain in healthcare market report aims to provide an overview of blockchain in healthcare market with detailed market segmentation by application, end-user, and geography. The global blockchain in healthcare market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading blockchain in healthcare market players and offers key trends and opportunities in the market.
The global blockchain in healthcare market is segmented based on application and end-user. Based on application, the blockchain in healthcare market is segmented into claims and billing management, regulatory audit, drug supply chain management, clinical data exchange and interoperability. Based on end-user, the blockchain in healthcare market is segmented into healthcare providers, healthcare service consumers, and pharmaceutical enterprises.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global blockchain in healthcare market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The blockchain in healthcare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the blockchain in healthcare market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the blockchain in healthcare market in these regions.
The reports cover key developments in the blockchain in healthcare market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from blockchain in healthcare market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the blockchain in healthcare market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the blockchain in healthcare market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Deepmind Health
- Factom Inc.
- Gem Guardtim
- IBM Corporation
- iSolve LLC
- Microsoft Corporation
- Change Healthcare
- SimplyVital Health Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.