DUBLIN–(BUSINESS WIRE)–The “Blockchain Technology in Healthcare Market Research Report by Function, End User, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added ResearchAndMarkets.com’s Offering.
The size of the global blockchain technology in healthcare was estimated at USD 10.53 billion in 2021, USD 14.68 billion in 2022, and is projected to grow at a CAGR of 39.53% to reach USD 77.76 billion by 2027.
Market segmentation and coverage:
This research report categorizes Blockchain Technology in Healthcare to forecast the revenue and analyze the trends in each of the following submarkets:
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Based on function, the market was studied across claims processing and billing management, clinical data exchange and interoperability, and supply chain management.
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Based on end user, the market was studied across healthcare payers, healthcare providers and pharmaceutical companies.
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Based on region, the market was studied across the Americas, Asia-Pacific and Europe, Middle East and Africa. The Americas are further studied over Argentina, Brazil, Canada, Mexico and the USA. The United States is further studied over California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. Europe, the Middle East and Africa are further studied in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, the United Arab Emirates and the United Kingdom.
Market dynamics
Drivers
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Increased focus to improve patient engagement and deliver patient-centred care
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Penetration of high-speed network technologies that initiate blockchain as a service
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Increasing the use of blockchain for the healthcare supply chain to eliminate the risk of counterfeit drugs
Limitations
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Older and outdated infrastructure that hinders digital growth in the medical industry
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Complex integration supporting multiple devices and protocols
Possibilities
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Increasing government initiatives to promote digital health
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New investments and cross-industry partnerships for blockchain integration
Challenges
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Problems related to data security and privacy
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Lack of awareness and understanding
Competitive Strategic Window:
The Competitive Strategic Window analyzes the competitive landscape in terms of markets, applications and geographies to help the supplier define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the suppliers to adopt successive merger and acquisition strategies, geographical expansion, research and development, and new product introduction strategies to effect further business expansion and growth during a forecast period.
FPNV positioning matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Blockchain Technology in Healthcare Market based on business strategy (business growth, industry coverage, financial viability and channel support) and product satisfaction (value for money, ease of use, product features and Customer Support) which helps companies make better decisions and understand the competitive landscape .
Market share analysis:
The market share analysis offers analysis of suppliers that assess their contribution to the overall market. It gives the idea of revenue generation in the overall market compared to other vendors in the space. It provides insight into how suppliers perform in terms of revenue generation and customer base compared to others. Knowing market shares gives an idea of the size and competitiveness of the suppliers for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance and merger characteristics.
The report answers questions such as:
1. What is the market size and forecast for the Global Blockchain Technology in Healthcare Market?
2. What are the restraining factors and impact of COVID-19 shaping the global healthcare blockchain technology during the forecast period?
3. Which products/segments/applications/areas to invest in over the forecast period in the global healthcare blockchain technology?
4. What is the competitive strategic window of opportunity in the global healthcare blockchain technology?
5. What are the technology trends and regulatory framework in the global Blockchain Technology in Healthcare market?
6. What is the market share of the leading vendors in the global Blockchain Technology in Healthcare Market?
7. What modes and strategic moves are considered appropriate to enter the global blockchain technology in the healthcare sector?
Key topics covered:
1. Preface
2. Research methodology
3. Summary
4. Market overview
5. Market insight
6. Blockchain technology in the health sector, by function
7. Blockchain Technology in Healthcare Market, by End User
8. America’s blockchain technology in the healthcare sector
9. Asia-Pacific Blockchain Technology in Healthcare
10. Europe, Middle East and Africa Blockchain technology in the healthcare sector
11. Competitive landscape
12. Company Usability Profiles
13. Appendix
Companies mentioned
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Blockpharma
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Chronicled
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Fact
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PharmaTrust
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Save
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Duty time
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Hashed health
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International Business Machines Corporation
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Isolve
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Medical chain
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Microsoft Corporation
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Patient
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Pocket doc
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Proof.Work
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SimplyVital Health
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