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Blockchain in Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2025 Blockchain is known for data-sharing technology and growing interest in the diverse fields for supporting the sharing of data within other industries has led to the application in healthcare industry. The technology works on the lines of a health information exchange system that allows elimination of the friction and cost of current intermediated. It works as a decentralized controller that eliminates the risk of main controller. The Blockchain technology is set to change the ecosystem of the healthcare industry. by utilizing the abilities which include improvement of data security, fighting counterfeit drugs, patient engagement, data sharing, big data analytics, interoperability, health information exchange, R&D processes, AI-based diagnostics and fostering vertical business models. Market Outlook: The healthcare industry has developed the personalized treatment standard owing to increasing pricing pressure for decreasing global healthcare costs and digitization of care delivery models. Increasing myriad of health systems, payers, device and drug manufacturers require a secure and connected health IT ecosystem for managing healthcare data and for promoting value-based care. Request For Free Sample Of The Report @ https://goo.gl/SPUEGC Blockchain essentially offers the potential of a shared platform that decentralizes health data thereby ensuring access control, integrity and authenticity of protected health information. Additionally, the blockchain-based distributed network consensus comprises cryptography techniques that provide an additional layer of trust, thereby minimizing cyber security threats for healthcare IT systems. These factors are therefore contributing positively for the industry growth over the forecast period. Blockchain in healthcare industry is a distributed system which offers privacy, security and interoperability along with recording and storing transaction data to health care data. The design of Blockchain technology allows the non-involvement of central authority and distributes the stored records across all the participants of the network. Key Players:  Hong Kong Applied Science and Technology Research Institute Company Limited  BLOCK M.D.  Blockchain Health  Guardtime  HealthCombix  Blockpharma  and HASHED Health Furthermore, major factors propelling the blockchain technology application in health care systems market — include frequently occurring the incidences of deaths due to consumption of counterfeit medicines and limited


access to population health data globally. Moreover, the increasing requirement to protect the privacy and security of health information to prevent the data from hacking and attacks further, driving the blockchain technology application in health care systems market. High setup costs and immature infrastructures may restrain the blockchain technology application in health care systems market. Obtain Details @ https://www.xpodenceresearch.com/Reports/Blockchain-in-Healthcare-Market The global blockchain technology application in health care systems market is segmented based on application, end user and region. Based on application, the market is further segmented into precision medicine, clinical trials, electronic health records, and genomics research and drug traceability among others. Increasing transaction between patients, drug manufacturers, pharmacists and wholesalers and necessity for tracking the transaction for verification and secured drug product information is also projected to enhance the industry growth over the forecast period. The end user segment can be further classified into hospitals, pharmaceuticals companies and health care research institutes. Increase in adoption of technological advancements in hospitals and other organizations for providing effective treatment and patient care system is also expected to drive the market. About Us Xpodence Research Pvt Ltd is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe. We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements. The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production. Contact Us 244 , Madison Avenue New York City, NY - 10016 United States E-mail: sales@xpodenceresearch.com

Top 10 Companies Bringing Blockchain To Healthcare  

Xpodence Research Pvt Ltd publish a new market research report on –“ Blockchain in Healthcare Market - Global Industry Analysis And Forecast...

Top 10 Companies Bringing Blockchain To Healthcare  

Xpodence Research Pvt Ltd publish a new market research report on –“ Blockchain in Healthcare Market - Global Industry Analysis And Forecast...

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