Rising Need To Curb Data Breach Expected To Drive Blockchain Technology in Healthcare Market: IBM, Microsoft, Guardtime, PokitDok, Gem, Chronicled, iSolve, Hashed Health, Patientory, Factom, Proof.Work, SimplyVital Health, FarmaTrust, Blockpharma, Medical

Worldwide Market Reports adds "Blockchain Technology in Healthcare Market 2020 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025" reports to its database.

This report provides in depth study of "Blockchain Technology in Healthcare Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Blockchain Technology in Healthcare Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.

The global Blockchain Technology in Healthcare market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Blockchain Technology in Healthcare market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.

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Some of the key players in the market are IBM, Microsoft, Guardtime, PokitDok, Gem, Chronicled, iSolve, Hashed Health, Patientory, Factom, Proof.Work, SimplyVital Health, FarmaTrust, Blockpharma, Medicalchain. To make the most of the opportunities, market vendors should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing incidence of information leaks and data breach coupled with the rising requirement to curb these issues are attributed to the market growth. Strategic initiatives by the key players, high demand to reduce drug counterfeit, and need for efficient health data management system are the major factors leading to adoption of the technology.

Rising investment in the development of efficient healthcare record system, wearable devices cryptography, and medical examination systems is anticipated to provide this market with lucrative opportunities in near future. Growing diseases prevalence is expected to create huge amount of data, further boosting the demand for data management.

Europe held the maximum market share due to various initiatives taken by government to secure data breach. Implementation of GDPR coupled with the enormous growth of blockchain technology is expected to provide businesses with more opportunities in the region. North America is expected to command second largest market share over the forecast period. Increasing demand for medical record safety is the major reason for the regional growth.

Though the investment in the developing technologies in the U.S. healthcare sector is growing, the issues associated with the Electronic Medical Records (EMR) are also on the rise. This upsurges the demand for safe, secure, and managed data sharing between the companies, due to which, major players and other healthcare organizations are investing in the blockchain market.

Technological collaborations, government initiatives, and emerging startups are expected to propel the market growth. Currently, the industry is in its nascent stage and healthcare companies together with tech companies are working on the methods to leverage the blockchain at various stages. Some of the major players have entered into collaborations to improve their own platforms. Synaptic believes blockchain has the potential to increase efficiency and lower costs in many areas within healthcare. HMS Holdings has also stated that there is a place for blockchain in its business.

Global Blockchain Technology in Healthcare Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Blockchain Technology in Healthcare Market by Type
4 Major Companies List
4.1 IBM (Company Profile, Sales Data etc.)
4.1.1 IBM Profile
Table IBM Overview List
4.1.2 IBM Products & Services
4.1.3 IBM Business Operation Conditions
Table Business Operation of IBM (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion

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