DUBLIN–(BUSINESS WIRE)–The “Blockchain in Healthcare Market Share, Size, Trends, Industry Analysis Report, By End Use, By Network Type, By Application, By Region, Segment Forecast, 2022 – 2030” report has been added ResearchAndMarkets.com’s Offering.
The global blockchain in healthcare market size is expected to reach USD 95.59 billion by 2030.
The growing use of the Internet of Things (IoT) in the medical sector is expected to increase the need for blockchain technology in the medical field. In January 2021, Zyter, Inc. initiated Zyter Smart Hospitals, an end-to-end advanced solution that connects a hospital’s various computer systems, agencies, individuals and the latest Internet of Things (IoT) innovation devices to Zyter’s robust digital interaction and collaboration tools.
The integration of current and unique data technology such as blockchain improves the health sector’s current expertise. The Internet of Things (IoT) supports doctors and medical professionals in the early detection of a number of diseases.
Furthermore, the number of security breaches in the medical industry has increased. Over the past five years, the scale and frequency of data breaches in the medical industry has increased. Medical data breaches regularly expose sensitive information such as social security numbers, personalities and residences, as well as personal health information such as Medicaid identification numbers, insurance coverage data and people’s health histories.
Also, in August 2022, Healthback Holdings, an Oklahoma-based home health care company, announced a medical data breach that affected 21,114 people. Unauthorized behavior was identified in Healthback’s corporate email environment. Investigators were unable to identify whether the unauthorized party accessed any emails, but they discovered that the addresses contained identities, health insurance records, patient records and personal information. Therefore, these increases in data breaches along with the adoption of IoT in the medical field are boosting the market growth during the forecast period.
Furthermore, increased investments in the development of efficient medical hospital information systems, wearable technology cryptography and medical screening systems are expected to provide profitable prospects for this industry soon. Increasing disease prevalence will generate a huge amount of data, increasing the demand for information management. Furthermore, using blockchain technology in medical records ensures that data can actually be manipulated, which ensures data integrity. Increasing development of this technology by major industry players is fueling market expansion.
The publisher has segmented the blockchain in healthcare market report based on network type, application, end-use, and region:
Blockchain in Healthcare, Network Type Outlook (Revenue – USD Billion, 2018 – 2030)
Blockchain in Healthcare, Application Outlook (Revenue – USD Billion, 2018 – 2030)
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Clinical data exchange and interoperability
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Claims processing and invoicing
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Supply Chain Management
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Clinical studies and e-consent
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Second
Blockchain in Healthcare End User Outlook (Revenue – USD Billion, 2018 – 2030)
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Health personnel
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Health payers
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Biopharmaceutical and medical devices
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Second
Blockchain in Healthcare, Regional Outlook (Revenue – Billion USD, 2018 – 2030)
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North America
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US
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Canada
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Europe
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Germany
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Great Britain
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France
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Italy
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Spain
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Russia
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The Netherlands
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Asia Pacific
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China
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India
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Japan
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South Korea
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Indonesia
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Malaysia
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Latin America
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Argentina
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Brazil
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Mexico
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Middle East and Africa
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UAE
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Saudi Arabia
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Israel
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South Africa
Key topics covered:
1. Introduction
2. Summary
3. Research methodology
4. Global Blockchain in Healthcare Market Insights
5. Global blockchain in the healthcare sector, by network type
6. Global blockchain in the health sector, upon application
7. Global blockchain in the healthcare sector, by end use
8. Global Blockchain in Healthcare Market, by Geography
9. Competitive landscape
10. Company Profiles
Companies mentioned
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Avaneer Health Inc.
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Akiri Incorporation
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BurstIQ Corporation
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Crystalchain incorporation
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Change Healthcare Incorporation
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Equideum Health Inc.
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Emblem Corporation
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Pharma Trust
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Duty time
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Hashed health
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iSolve LLC IBM Incorporation
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Medical Chain Corporation
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Oracle Corporation
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Patientory Inc
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Quest Diagnostics
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Proof. Works
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