Blockchain Supply Chain Market Size to Reach USD 6,288 Million by 2028 at Growth Rate (CAGR) 46.4% | IMARC Group – Canaan (NASDAQ:CAN), Amazon.com (NASDAQ:AMZN)

“Blockchain Supply Chain Market Report 2023-2028”

The global blockchain supply chain market size reached USD 560.9 million in 2022. Looking ahead, IMARC Group expects the market to reach USD 6,288 million by 2028, showing a growth rate (CAGR) of 46.4% during 2023-2028.

The global blockchain supply chain market size reached $560.9 million in 2022. Looking ahead, IMARC Group expects the market to reach a value of $6,288 million by 2028, showing a CAGR of 46.4% during 2023- 2028.

What is Blockchain Supply Chain?

The blockchain supply chain represents various medical products and drugs used to treat bedsores, degenerative skin and underlying tissue damage that occurs due to prolonged pressure and shear forces on the skin. Some commonly used products and therapies include negative pressure wound therapy, hyperbaric oxygen equipment, active wound care, pressure relief devices, etc. Blockchain Supply Chain solutions act as a preventative measure and help control deep craters with exposed muscles and bones. They help remove necrotic tissue, reduce pressure on the affected skin, care for wounds, control pain and ensure good nutrition and a moist environment for wound healing. Blockchain Supply Chain methods minimize the risk of complications, such as bone and joint infections, sepsis, cellulitis and cancer. Consequently, they find widespread use in hospitals, clinics, ambulatory surgical centers, home care, etc.

What are the key factors driving the global Blockchain Supply Chain market?

The increasing use of blockchain technology in retail supply chain management (SCM), due to the increasing online transactions and the growing demand for security and transparency in supply chain transactions, is primarily driving the blockchain supply chain market. In addition, the changing preferences towards the integration of advanced technologies, which include artificial intelligence (AI) and machine learning (ML), in corporate strategies and the new trend of business automation that creates the requirement to effectively track information about authentication process, procurement data and certifications act as significant growth-inducing factors.

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In addition to this, the increasing adoption of smart devices among the masses and the increasing number of internet subscribers are also having a positive impact on the global market. Moreover, the growing need to eliminate middlemen in the supply chain operations and prevent illegitimate activities in the pharmaceutical segment, such as illegal manufacturing of harmful drugs, improper stick control, and counterfeit drugs is expected to drive the blockchain supply chain market in the coming years. .

Report segmentation:

The report has segmented the market into the following categories:

Breakdown by component:

Breakdown by application

• Smart contracts
• Payment and settlement
• Product traceability
• Inventory monitoring
• Compliance Management
• Others

Breakdown by industry vertical:

• Retail
• Production
• Food and drink
• Health Service
• Oil and gas
• Others

By geography:

• North America (USA, Canada)
• Europe (Germany, France, UK, Italy, Spain, others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

Competitive Scenario with Key Players:

• Accenture plc (NYSE:CAN)
• Amazon Web Services Inc. (Amazon.com Inc.)(NASDAQ:AMZN)
• Auxesis group
• Duty time
• Huawei Technologies Co. Ltd.
• International Business Machines Corporation (NYSE:IBM)
• Microsoft Corporation (NASDAQ:MSFT)
• OpenXcell
• Oracle Corporation
• PixelPlex
• SAP SE
• and TIBCO Software Inc.

Ask analyst for customization and explore full report with table of contents and list of figures: https://www.imarcgroup.com/request?type=report&id=5813&flag=C

Main highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023–2028)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Comprehensive mapping of the competitive landscape

If you require specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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About us:

IMARC Group is a leading market research company providing management strategy and market research worldwide. We work with clients across all sectors and regions to identify their most valuable opportunities, address their most critical challenges and transform their business.

IMARC’s information products include major market, scientific, financial, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the top of the company’s expertise.

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