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Blockchain In Healthcare Market to 2025 (63.51% CAGR Expected) Top Player Profiles – Humana, DokChain, MultiPlan Inc, Healthcare Blockchain Consortiums, Optum, MediLedger and Quest Diagnostics and More

12-06-2018 09:17 PM CET | Health & Medicine

Press release from: Big Market Research Report by BMR

Blockchain In Healthcare Market

Blockchain In Healthcare Market

Industry Outlook and Trend Analysis
The Blockchain in Healthcare Market was worth USD 56.34 million in 2014 and is expected to reach approximately USD 4706.69 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 63.51% during the forecast period. To promote quality care and control the increasing healthcare expenses, exchange of health information is vital. Nonetheless, the amount of data shared among physicians, hospitals, institutions, and other providers stay minimal as presently, even the world's most progressive healthcare systems are profoundly divided. The absence of interoperability and constrained linkage between healthcare storage systems, makes it hard to retrieve, transmit, analyze and clean information, hence the vast majority of the information is contained in silos. Additionally, there are various concerns in regards to security and protection concerns relating to capacity and trade of information as medicinal services associations have been subjected to developing number of information breaches and malicious attacks.

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Drivers and Restraints
The improvement in giving effective health-care services administrations is widely subject to various advances in data innovation, and especially in the capacity to record and store data economically and easily, and share it safely among dissimilar applications and frameworks. Blockchain plays a vital part in defeating the glitches and difficulties related with legacy systems. A portion of the main benefits of using blockchain are the advent of a more straightforward procedure, finish disposal of third party, streamlining of operational procedures, and huge expenses. Also, blockchain paves a way for the switch to a more value-based healthcare framework from the current fee-based human healthcare systems, enhance quiet commitment and even bring about opportunities for the advent of more consumer centric product segments and income streams.

Market Segmentation
The Blockchain in Healthcare Market is segmented on the basis of application and end user. Based on application the market is segmented into clinical trials, electronic health records, precision medicine, drug traceability, genomics research and others. On the basis of end user the market is segmented into health care research institutes, hospitals and pharmaceuticals companies. Nonetheless, move to blockchain based arrangements will require major investments and endeavors incorporating seamless integration with the present framework, and blockchain suppliers may encounter obstruction from human services players for changing from heritage frameworks and procedures to blockchain.

Regional Outlook and Trend Analysis
Geographically, the Blockchain in Healthcare Market is segmented into Asia Pacific, Europe, North America, South America and Rest of the world. The market has received traction for across the globe owing to several benefits along with the developing awareness regarding the importance of the technology in healthcare in developed as well as developing economies.

Competitive Insights
The leading players in the market are Humana, DokChain, MultiPlan Inc, Healthcare Blockchain Consortiums, Optum, MediLedger and Quest Diagnostics. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
5. Blockchain in Healthcare Market, By Application
5.1. Introduction
5.2. Global Blockchain in Healthcare Revenue and Market Share By Application (2014-2018)
5.2.1. Global Blockchain in Healthcare Revenue and Revenue Share By Application (2014-2018)
5.3. Clinical Trials
5.3.1. Global Clinical Trials Revenue and Growth Rate (2014-2018)
5.4. Drug Traceability
5.4.1. Global Drug Traceability Revenue and Growth Rate (2014-2018)
5.5. Electronic Health Records
5.5.1. Global Electronic Health Records Revenue and Growth Rate (2014-2018)
5.6. Precision Medicine
5.6.1. Global Precision Medicine Revenue and Growth Rate (2014-2018)
5.7. Genomics Research
5.7.1. Global Genomics Research Revenue and Growth Rate (2014-2018)
5.8. Others

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