Global Blockchain Technology in Healthcare Market Report to 2031
DUBLIN, 21 December 2022 /PRNewswire/ — The “Blockchain Technology in Healthcare Market By Type, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added ResearchAndMarkets.com’s Offering.
The global blockchain in the healthcare sector was valued at 531.19 million dollars in 2021, and is estimated to reach 16,300.43 million dollars by 2031, growing at a CAGR of 40.8% from 2022 to 2031.
Healthcare uses a blockchain network to store and share patient data across hospitals, diagnostic laboratories, pharmacy companies and doctors. The patient is at the core of the healthcare ecosystem due to blockchain technology, which improves the security, privacy and interoperability of healthcare data. By increasing the performance, disintermediation and security of electronic medical records, this technology offers a new model for health information exchange (HIE).
Rapid increase in the incidence of data breaches and increase in the supply of counterfeit medicines are important factors driving the market growth. In the black market, personal health information (PHI) or standard personally identifiable information (PII) is more valuable than credit card information. Cybercriminals have a greater motivation to target medical databases as a result. PHI may be used or sold for their own financial benefit.
According to the Health and Human Services, data breaches have affected over 15 million health records. Since data is kept in discrete blocks in blockchains, it is seen as safer and less of a threat to data breaches, thus significantly driving the growth of blockchain technology in the healthcare sector.
In addition, the use of blockchain as a technology in healthcare is booming blockchain technology in the growth of the healthcare market. Blockchain helps in supply chain management, data exchange and interoperability, claims adjudication and billing management and others. Furthermore, an increase in the supply of counterfeit medicines is expected to drive the growth of blockchain technology in the healthcare sector. Blockchain by entering supply chain management can offer full protection against counterfeit medicines.
Moreover, many governments have adopted the blockchain as a technology in their system, which can increase the market growth. For example, to guarantee the validity of vaccination records, the health company MDS Mexico, located in Mexicolaunched a COVID-19 testing service enabled by blockchain technology.
According to MDS Mexico, having a valid proof of a person’s vaccination status is crucial as false vaccination certificates are often used to avoid quarantine. The blockchain business offers home-based PCR testing, rapid testing programs and interpretation services. The results are certified using cryptography to ensure validity.
However, lack of skilled professionals to handle blockchain technology in the healthcare sector and lack of common set of standards may hinder the growth of the market. Since blockchain technology in healthcare is sophisticated, it must be operated and managed by qualified professionals.
The major players profiled in the report are Akiri, Inc., Avaneer health, Inc., BurstIQ, Crystalchain, Change Healthcare, Inc., Chronicled, Equideum Health, Embleema, Farma Trust, Guardtime, Hashed Health, International Business Machines Corporation ( IBM) ), iSolve, LLC, Medical Chain SA, Oracle Corporation, Patientory, Inc and Proof.Works.
Main benefits
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This report provides a quantitative analysis of the market segments, current trends, estimates and dynamics of the blockchain technology in healthcare market analysis from 2021 to 2031 to identify the prevailing blockchain technology in healthcare market opportunities.
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The market research is offered along with information related to key drivers, restraints, and opportunities.
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Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
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In-depth analysis of the blockchain technology in healthcare segmentation helps in determining the prevailing market opportunities.
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Major countries in each region are mapped according to their revenue contribution to the global market.
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Positioning of market players facilitates benchmarking and provides a clear understanding of the market players’ current position.
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The report includes the analysis of regional as well as global blockchain technology in healthcare market trends, key players, market segments, application areas and market growth strategies.
Key topics covered:
CHAPTER 1 INTRODUCTION
CHAPTER 2: SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3.Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1.Drivers
3.5.2. Limitations
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: BLOCKCHAIN TECHNOLOGY IN THE HEALTHCARE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Public
4.2.1 Important market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Private
4.3.1 Important market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.3.4 Private blockchain technology in the healthcare sector by type
CHAPTER 5: BLOCKCHAIN TECHNOLOGY IN THE HEALTH MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Supply Chain Management
5.2.1 Important market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Data exchange and interoperability
5.3.1 Important market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Settlement and invoicing of claims
5.4.1 Important market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Important market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: BLOCKCHAIN TECHNOLOGY IN THE HEALTHCARE MARKET, BY THE END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Pharmaceutical and medical devices
6.2.1 Important market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Healthcare payers
6.3.1 Important market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Healthcare personnel
6.4.1 Important market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: BLOCKCHAIN TECHNOLOGY IN THE HEALTHCARE MARKET, BY REGION
CHAPTER 8: BUSINESS LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 players
8.4. Competitive Dashboard
8.5. Competitive heat map
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Akiri, Inc
9.1.1 Company overview
9.1.2 Snapshot of the company
9.1.3 Operating segments
9.1.4 Product portfolio
9.1.5 Business Results
9.1.6 Important strategic measures and developments
9.2 Avaneer Health, Inc
9.2.1 Company overview
9.2.2 Snapshot of the company
9.2.3 Operating segments
9.2.4 Product portfolio
9.2.5 Business Results
9.2.6 Important strategic measures and developments
9.3 BurstIQ
9.3.1 Company overview
9.3.2 Snapshot of the company
9.3.3 Operating segments
9.3.4 Product portfolio
9.3.5 Business Results
9.3.6 Important strategic moves and developments
9.4 Crystal chain
9.4.1 Company overview
9.4.2 Snapshot of the company
9.4.3 Operating segments
9.4.4 Product portfolio
9.4.5 Business Results
9.4.6 Important strategic measures and developments
9.5 Change Healthcare, Inc
9.5.1 Company overview
9.5.2 Snapshot of the company
9.5.3 Operating segments
9.5.4 Product portfolio
9.5.5 Business Results
9.5.6 Important strategic measures and developments
9.6 Chronicled
9.6.1 Company overview
9.6.2 Snapshot of the company
9.6.3 Operating segments
9.6.4 Product portfolio
9.6.5 Business Results
9.6.6 Important strategic measures and developments
9.7 Emblem
9.7.1 Company overview
9.7.2 Snapshot of the company
9.7.3 Operating segments
9.7.4 Product portfolio
9.7.5 Business Results
9.7.6 Important strategic moves and developments
9.8 Equideum Health
9.8.1 Company overview
9.8.2 Snapshot of the company
9.8.3 Operating segments
9.8.4 Product portfolio
9.8.5 Business Results
9.8.6 Important strategic measures and developments
9.9 Pharmatrust
9.9.1 Company overview
9.9.2 Snapshot of the company
9.9.3 Operating segments
9.9.4 Product portfolio
9.9.5 Business Results
9.9.6 Important strategic moves and developments
9.10 Duty time
9.10.1 Company overview
9.10.2 Snapshot of the company
9.10.3 Operating segments
9.10.4 Product portfolio
9.10.5 Business results
9.10.6 Important strategic moves and developments
9.11 Hashed Health
9.11.1 Company overview
9.11.2 Snapshot of the company
9.11.3 Operating segments
9.11.4 Product portfolio
9.11.5 Business results
9.11.6 Important strategic measures and developments
9.12 iSolve, LLC
9.12.1 Company overview
9.12.2 Snapshot of the company
9.12.3 Operating segments
9.12.4 Product portfolio
9.12.5 Business results
9.12.6 Important strategic measures and developments
9.13 International Business Machines Corporation
9.13.1 Company overview
9.13.2 Snapshot of the company
9.13.3 Operating segments
9.13.4 Product portfolio
9.13.5 Business results
9.13.6 Important strategic moves and developments
9.14 Medical chain
9.14.1 Company overview
9.14.2 Snapshot of the company
9.14.3 Operating segments
9.14.4 Product portfolio
9.14.5 Business Results
9.14.6 Important strategic moves and developments
9.15 Oracle Corporation
9.15.1 Company overview
9.15.2 Snapshot of the company
9.15.3 Operating segments
9.15.4 Product portfolio
9.15.5 Business results
9.15.6 Important strategic moves and developments
9.16 Patientory, Inc
9.16.1 Company overview
9.16.2 Snapshot of the company
9.16.3 Operating segments
9.16.4 Product portfolio
9.16.5 Business results
9.16.6 Important strategic measures and developments
9.17 Evidence
9.17.1 Company overview
9.17.2 Snapshot of the company
9.17.3 Operating segments
9.17.4 Product portfolio
9.17.5 Business results
9.17.6 Important strategic measures and developments
For more information on this report, visit https://www.researchandmarkets.com/r/9adwim
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