Blockchain Technology in Healthcare Market and its Future Outlook and Trend During the Period of 202

Page 1

Blockchain Technology in Healthcare Market and its Future Outlook and Trend During the Period of 2020 – 2025|Market Research Engine New York, May 16, 2020: The global Blockchain Technology in Healthcare market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Blockchain Technology in Healthcare market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others. Browse Full Report: https://www.marketresearchengine.com/blockchaintechnology-in-healthcare-market The Global Blockchain Technology in Healthcare Market is expected to exceed more than US$ 870.45 Billion by 2024 at a CAGR of 77.168% in the given forecast period. At its center, blockchain is a circulated system recording and putting away exchange records. All the more explicitly, blockchain is a shared, unchanging record of distributed exchanges worked from linked transaction blocks and stored in a digital ledger. Blockchain technology enables patients to allot get to rules for their restorative information, for instance, allowing explicit analysts to get to parts of their information for a fixed timeframe. With blockchain technology, patients can associate with different emergency clinics and gather their medicinal information consequently. Supply chain management section is predicted to account for the biggest share of the market because of the implementation of demanding laws like the Drug Quality and Security Act (DQSA) within the United States of America and also the Falsified Medicines Directive (FMD) in Europe to deal with the increasing incidences of counterfeit medicines is driving the adoption of the blockchain technology in aid provide chain management. However, lack of a central entity & common standards and lack of awareness & understanding of the employment of blockchain technologies within the health care sector are expected to restrain the expansion of this market to a particular extent. The global Blockchain Technology in Healthcare market is segregated on the basis of Application as Supply Chain Management, Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, and Other Applications. Based on End User the global Blockchain Technology in Healthcare market is segmented in Pharmaceutical Companies, Healthcare Payers, Healthcare Providers, and Other End Users. Competitive Rivalry IBM, Microsoft, Guardtime, Pokitdok, Gem, Hashed Health, Chronicled, Isolve, Patientory, Factom, and others are among the major players in the global Blockchain Technology in Healthcare market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain. The Blockchain Technology in Healthcare Market has been segmented as below: Blockchain Technology in Healthcare Market, By Application


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.