Global Blockchain Technology in Healthcare Market Size is estimated to expand rapidly in coming years, at a CAGR of 37.1 % from 2018 to 2025. In 2017, the global market valuation was USD 0.91 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The growing prevalence of information leaks and breaches of data combined with the growing demand to limit these problems is due to market growth. The main variables contributing to the use of technology are strategic efforts by important participants, elevated drug counterfeiting request and the need for effective wellness data management systems.

In addition, increasing expenditure is projected to give this industry profitable possibilities in the close future in developing a highly effective healthcare record scheme, wearable equipment cryptography and medical examination systems. The increasing incidence of illnesses is anticipated to generate large amounts of information, further boosting data management requirement. Geographically, North America is expected to be the highest growing region in the global market of blockchain technology in healthcare.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global blockchain technology in the healthcare market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global blockchain technology in the healthcare market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Application Insights: On the basis of application, global blockchain technology in healthcare market has been segmented into supply chain management, clinical data exchange & interoperability, claims adjudication and billing. Among which supply chain management segment has accounted for the largest share in 2018. Applications from Blockchain assistance maintain information consistency. The technology also supports the interoperability of pharmaceutical companies with the Internet of Things (IoT) products. It also enables them to hire applicants and control the supply chain for pharmaceuticals. By reducing operational costs, data corruption and optimization of healthcare processes Blockchain can change the healthcare industry.

By End, User Insights: On the basis of end-user, global blockchain technology in healthcare market has been segmented into pharmaceutical companies, healthcare payers, providers. In the 2018 section of pharmaceutical companies the biggest proportion of the healthcare blockchain industry should be accounted for. The implementation of the blockchain in the pharmaceutical industries is enhanced by stringent legislation to safeguard the supply chain and a growing incidence of counterfeit drugs in the supply chain.

Regional Analysis

The blockchain technology in healthcare market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America's vast proportion is ascribed to an increasing rate of breaches of information in the area, strict rules to enhance the pharmaceutical production chain, the growing occurrence of scams and the growing need to tackle drastic increases in insurance expenses in the area.

China has dominated the healthcare industry in APAC blockchain technology. There is a great deal of customer data in the Chinese insurance sector. In an attempt to treat clients properly, medical agencies, physicians, clinics, pharmacies, therapeutics and insurance companies need information. Growth in India's healthcare centers in terms of supply and implementation of blockchain technology will boost market growth in the coming years. Over the forecast period, Europe is anticipated to be the fifth-biggest market share. The main cause of national development is the increased demand for safety records.

Global Blockchain Technology in Healthcare Market Size, Share Analysis by Region 2017

Global Blockchain Technology in Healthcare Market Study Objective

1. To forecast the market size of blockchain technology in healthcare market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of blockchain technology in healthcare market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of blockchain technology in healthcare market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of blockchain technology in healthcare market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the blockchain technology in healthcare market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

IBM, Microsoft, Guardtime, PokitDok, Gem, Chronicled, iSolve, Hashed Health, Patientory, Factom, Proof. Work, SimplyVital Health, FarmaTrust, Blockpharma, and Medicalchain are some of the key players in the market of blockchain technology in healthcare.

Global Blockchain Technology in Healthcare Market Study Report Offer You!

The global blockchain technology in the healthcare market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.