DUBLIN--(BUSINESS WIRE)--The "Global Blockchain in Healthcare Market, By Type (Public, Private), By Application (Drug Supply Chain Management, Clinical Data Exchange & Interoperability, Claims Adjudication & Billing Management and Others), By End User, By Region, Competition, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
Global blockchain in healthcare market is forecast to grow at a CAGR more than 70% during 2020-2027, on account of increasing instances of data breaches and surging adoption of blockchain technology in healthcare and pharma industries.
Blockchain is an open and distributed ledger that can record transactions in an efficient, verifiable and permanent way. With increasing proliferation of digital technologies, cases of data breaches in healthcare industry are also increasing at a significant pace, thus aiding the global blockchain in healthcare market. Moreover, number of patients is increasing across the globe, and consequently, leveraging blockchain technology in healthcare to solve the problem of managing healthcare data has become vital.
Blockchain in healthcare market can be segmented based on type, application, end user and region. The integration of blockchain in healthcare finds application in drug supply chain management, clinical data exchange & interoperability, claims adjudication & billing management, and others. In 2019, drug supply chain management segment accounted for the largest market share and is expected to register robust growth during the forecast period, backed by growing circulation of counterfeit drugs and strict rules & regulations by authorities such as DQSA and FMD in the US and Europe, respectively.
Market for blockchain in healthcare is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and the Middle East & Africa. In 2019, North America dominated global blockchain in healthcare market, as the countries present in the region are adopting advanced technologies. Moreover, presence of leading players is further anticipated to positively influence the region's blockchain in healthcare market during the forecast period.
Years considered for this report:
- Historical Years: 2017 & 2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2027
Objective of the Study:
- To analyze and forecast global blockchain in healthcare market size.
- To classify and forecast global blockchain in healthcare market based on type, application, end user and regional distribution.
- To identify drivers and challenges for global blockchain in healthcare market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global blockchain in healthcare market.
- To identify and analyze the profile of leading players operating in global blockchain in healthcare market.
Researchers performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of service providers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the service providers which could not be identified due to the limitations of secondary research. Researchers analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
The author calculated global blockchain in healthcare market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. What are the Barrier to adopt blockchain in Healthcare?
4.2. User Satisfaction
4.3. Key Benefits of Blockchain
5. Global Blockchain in Healthcare Market Outlook
5.1. Market Size & Forecast
5.2. Market Share & Forecast
5.3. Market Attractiveness Index
6. North America Blockchain in Healthcare Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country (United States; Canada)
6.3. North America: Country Analysis
6.3.1. United States Blockchain in Healthcare Market Outlook
6.3.2. Canada Blockchain in Healthcare Market Outlook
7. Europe Blockchain in Healthcare Market Outlook
8. Asia-Pacific Blockchain in Healthcare Market Outlook
9. Middle East & Africa Blockchain in Healthcare Market Outlook
10. South America Blockchain in Healthcare Market Outlook
11. Market Dynamics
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. IBM Corporation
13.2.2. Microsoft Corp.
13.2.3. Accenture Plc
13.2.5. Healthereum, LLC
13.2.7. Factom Inc.
13.2.9. Simplyvital Health
For more information about this report visit https://www.researchandmarkets.com/r/hap47b