The global blockchain in healthcare Market is expected to reach USD 5,798.0 Million by 2027, according to a new report by Emergen Research. The blockchain in healthcare is observing a high growth rate attributable to its rising application in supply chain management (SCM), clinical data exchange & interoperability, and claims adjustment & billing management, among others. Several hospitals and organizations are implementing the blockchain technology to record, analyze, and monitor patient information. Moreover, there is an increase in the supply of counterfeit drugs, and this issue can be restrained by adopting the blockchain technology in the healthcare sector. Initiatives are being taken by the government across the globe to tackle the situation.
The report provides detailed insights into Blockchain in Healthcare market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Blockchain in Healthcare market size over the forecast period, 2020–2028. The report includes profiles of major Blockchain in Healthcare players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Blockchain in Healthcare market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Blockchain in Healthcare market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Blockchain in Healthcare market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Blockchain in Healthcare market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Blockchain in Healthcare market share contribution of these countries. In addition, Blockchain in Healthcare market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Blockchain in Healthcare Market include are:
- Key participants include IBM, Microsoft, Gem, Chronicled, Hashed Health, Factom, Guardtime, Pokitdok, Patientory, and Blockpharma, among others.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Emergen Research has segmented the global blockchain in healthcare market on the basis of type, application, end-users, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Permissioned/Private Blockchain
- Permissionless/Public Blockchain
Application Outlook (Revenue, USD Billion; 2017-2027)
- Supply Chain Management
- Clinical Data Exchange & Interoperability
- Claims Adjustment & Billing Management
End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Pharmaceutical Companies
- Healthcare Providers
- Healthcare Payers
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In terms of Blockchain in Healthcare market share and revenue contribution to the global Blockchain in Healthcare market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Blockchain in Healthcare market share.
The market intelligence report on the Blockchain in Healthcare Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Blockchain in Healthcare industry
North America Blockchain in Healthcare market revenue growth was relatively higher than that of other regional markets in 2020. North America Blockchain in Healthcare market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Blockchain in Healthcare market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Blockchain in Healthcare market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Blockchain in Healthcare market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Blockchain in Healthcare market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Blockchain in Healthcare industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Blockchain in Healthcare market across different regions?
- Who are the major driving forces expected to decide the fate of the Blockchain in Healthcare industry worldwide?
- Who are the prominent market players making a mark in the Blockchain in Healthcare market with their winning strategies?
- Which Blockchain in Healthcare industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Blockchain in Healthcare market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Blockchain in Healthcare Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Blockchain in Healthcare Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2028
Chapter 3. Key Insights
Chapter 4. Blockchain in Healthcare Market Segmentation & Impact Analysis
4.1. Blockchain in Healthcare Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Blockchain in Healthcare Market indicators analysis
4.2.2. Blockchain in Healthcare Market drivers analysis
18.104.22.168. Rapid urbanization and industrialization
22.214.171.124. Stringent government regulations regarding carbon emissions
126.96.36.199. Increasing prevalence of respiratory diseases
188.8.131.52. Rising need to enhance indoor air quality
4.2.3. Blockchain in Healthcare Market restraints analysis
184.108.40.206. High cost associated with the maintenance of Blockchain in Healthcare products
220.127.116.11. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Blockchain in Healthcare Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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