Healthcare is one of the first use cases for blockchain technology. Its current limitations in terms of scalability, accessibility, and timeliness could be alleviated through blockchain platforms. Blockchain healthcare can help streamline the patient-doctor relationship while lowering cost.
Global blockchain in healthcare market will reach $58.9 billion by 2030, growing by 70.5% annually over 2020-2030 amid the COVID-19 pandemic. The market is driven by the healthcare data security, development of blockchain consortiums, government initiatives, increasing instances of data breaches and surging adoption of blockchain technology in healthcare and pharma industries.
Highlighted with 82 tables and 84 figures, this 162-page report “Global Blockchain in Healthcare Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Application, End User, Organization Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global blockchain in healthcare market and all its sub-segments through extensively detailed classifications.
The blockchain in healthcare market is expected to witness high growth during the forecast period, as hospitals that make use of the technology are able to save costs, and hence, offer better services at cheaper prices. The development of IoT also results in much more awareness being created among patients regarding their medical care; such claims help in increasing trust between them and their doctors.
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The global Blockchain in Healthcare Market has been segmented by region as well – North America dominated the market, but Asia-Pacific and Europe are expected to dominate in 2030.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Platform
• Services
Based on Type, the global Blockchain in Healthcare Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Public Blockchain
• Consortium or Hybrid Blockchain
• Private or Permission Blockchain
Based on Provider, the global Blockchain in Healthcare Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Infrastructure and Protocol Providers
• Middleware Providers
• Application and Solution Providers
Based on Application, the global Blockchain in Healthcare Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Clinical Data Exchange & Interoperability
• Claims and Billing
• Supply Chain Management
• Drug Traceability
• Drug Discovery & Clinical Trials
• Other Applications
Based on End User, the global Blockchain in Healthcare Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Hospitals
• Pharmaceutical Companies
• Insurance Providers
• Other End Users
Based on Organization Size, the global Blockchain in Healthcare Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Blockchain in Healthcare Market: Key Players (this may not be a complete list and extra companies can be added upon request):
BlockPharma
Factom, Inc
Farmatrust
Guardtime
Hashed Health
International Business Machines Corporation
iSolve Technologies
Medicalchain SA
Microsoft Corporation
Patientory, Inc
Pokitdok Inc
Simplyvital Health
Blockchain in Healthcare Market: Along with the above national/local markets, the following geographic areas are thoroughly investigated:
• America, North (U.S., Canada, and Mexico)
In Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
Latin America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Qatar, Saudi Arabia, South Africa)
Detailed analysis and statistics for yearly revenue ($ mn) for each of the aforementioned regions and nations are provided for the years 2019 through 2030. There is also a breakdown of the primary national markets by blockchain type, application, and end user during the anticipated years, as well as a breakdown of the regional markets by country.
