What's driving the Blockchain Technology in Healthcare Market Size? | Top Key Players Doc.AI, PokitDok, Microsoft, Gem Health, IBM, iSolve, Coral Health and EncrypGen

Blockchain Technology in Healthcare Market size was valued over USD 48.2 million in 2018 and is expected to witness 65.0% CAGR from 2019 to 2025. Increase in cost savings for several healthcare applications with the help of blockchain technology will drive the business growth in the forthcoming years. Blockchain is a recognized technology that is helping healthcare facilities save huge amount of money from frauds, counterfeit drugs and hence, positively impact the outcomes of healthcare. Healthcare data breaches cost around USD 380 per patient record, resulting in high annual losses. Hence, implementation of blockchain technology in healthcare will help save billions of dollars.

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Blockchain Technology in Healthcare Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Blockchain Technology in Healthcare market, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Blockchain Technology in Healthcare Market competitive environment, diving into the industry position of each major company along with the strategic landscape.

Essentially, blockchain could be vital for sharing business information and for effective automation of processes across the enterprise value chain, where inconsistency in data reconciliation and mishandling could result in massive loses. Several application segments like insurance payers, medical aid providers and hospitals could save billions of dollars every year with the help of products enabled by the blockchain technology in healthcare market. Citing an example, an insurance company has to assess a customer’s claim application and needs to compare information provided with its own database. With a blockchain-based platform, this process could be quick and will avoid data manipulation, while any issues with the claim can be determined efficiently.

Blockchain Technology in Healthcare Market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Blockchain Technology in Healthcare market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Blockchain Technology in Healthcare Market research one of its kind to offer the most in-depth, readily available data.

Trends, analysis, SWOT and regional coverage that is available in Blockchain Technology in Healthcare industry report offers market intelligence that help readers in strategic choices that business demands. Moreover, this research can be tweaked to cover specific requirements of a client or completely customized for a particular company.

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The data in this Blockchain Technology in Healthcare Market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others. The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the Blockchain Technology in Healthcare Market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.

Top Key Players Doc.AI, PokitDok, Microsoft, Gem Health, IBM, iSolve, Coral Health and EncrypGen

More Insightful Info:
Blockchain Technology in Healthcare Market: https://www.marketwatch.com/press-release/blockchain-technology-in-healthcare-market-2019-industry-growth-by-forecast-to-2025---gmi-analysis-2019-07-29

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