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Blockchain technology in Healthcare Market Overview and Forecast by 2025 |IBM, Microsoft, Guardtime

07-07-2020 03:57 PM CET | IT, New Media & Software

Press release from: Report Ocean

Global Blockchain technology in Healthcare Market valued approximately USD 3.69 billion in 2017 is anticipated to grow with a healthy growth rate of more than 72.8 % over the forecast period 2018-2025. Supportive regulatory impositions to promote the deployment of blockchain technology in medical & healthcare sector and block chaining as a service (Baas) are considered as a major trend for the blockchain technology in Healthcare market globally.

Global Blockchain technology in Healthcare Market to reach USD 293.3 billion by 2025.

The overall Blockchain technology in Healthcare Market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Blockchain technology in Healthcare Market. Also, the primary interview was conducted with industry key opinion leaders (KOLs), VPs, Valuation experts of the industry to validate data and analysis.

Key driving factors for the blockchain technology in healthcare market are growing cases of healthcare data breaches coupled with the growing need for affordable healthcare services. As per the report published by the Identity Theft Resource Center in 2017, the medical/ healthcare industry experienced around 179 breaches accounting for 22.6% of overall U.S. data breaches. Since blockchain technology in healthcare helps to maintain data privacy and security as administrators can share real-time data on a permission basis with participants. Thus, growing cases of healthcare data breaches would increase the adoption and demand for blockchain technology across the globe over the forecast period. Furthermore, government initiatives and funding to promote blockchain technology in healthcare would offer lucrative opportunities for the blockchain in healthcare market. However, lack of awareness and unwillingness to disclose data acts as the key restraints for the market during the forecast period.

Request Free Sample Report at: https://www.reportocean.com/industry-verticals/sample-request?report_id=16982

Impact of COVID 19 on Blockchain technology in Healthcare Market: This report will provide you details on COVID 19 impact.

• Get in-depth analysis of the COVID-19 impact on Blockchain technology in Healthcare Market

• We have analyzed the impact of COVID-19 on the product industry chain

• We have analyzed the impact of COVID-19 on various regions and major countries.

• The impact of COVID-19 on the future development of the industry is pointed out.

Some of the salient features of the report include:

• We have ratified the Market estimates and forecasts through extensive secondary and primary research and a strict in-house quality check module

• Along with the quantitative data, the report will moreover incorporate an in-depth qualitative analysis pertaining to the current as well as upcoming trends and developments impacting the market demand across the globe

• Inclusion of models such as Porter's 5 forces model, SWOT analysis, PEST Analysis will give a 360-degree view on the overall market scenario

• The Competitive landscape chapter of the shared sample pages will include profiles of the key players operating in the market based on several parameters such as product portfolio, strategic initiatives/recent developments and so on. Kindly note that this section is completely customizable, and we can profile companies as per your interest.

Competitive Intelligence:

The leading market players include-
> IBM
> Microsoft
> Guardtime
> Pokitdok
> Gem
> Hashed Health
> Chronicled
> Patientory
> Isolve
> Factom

Market Segmentation:

On the basis of segmentation, the blockchain technology in healthcare market is segmented into application and end-user.
The application segment is diversified into supply chain management, clinical data exchange & interoperability, claims adjudication & billing management and other applications of which supply chain management segment is anticipated to hold largest share owing to the stringent regulations such as Falsified Medicines Directive (FMD) and Drug Quality and Security Act (DQSA) with an AI, to address rising incidences of counterfeit medicines.
On the basis of end-user segment the market is classified into healthcare providers, healthcare payers, pharmaceutical companies and other end-users.

Dissecting the Blockchain technology in Healthcare Market with respect to the geographical outlook:

• The document delivers an exhaustive analysis pertaining to the regional scope of the Blockchain technology in Healthcare Market, while categorizing the same into North America, Europe, Asia Pacific, Middle East & Africa, Latin America.

• Market share of each regional competitor of this industry

• Also, the study provides with details related to the estimated growth rate of each territory over the study period.

Some of the Major Highlights of TOC covers:

Blockchain technology in Healthcare Market Analysis by Application

• Consumption and Market Share by Application

Blockchain technology in Healthcare Market Manufacturing Analysis

• Key Raw Materials Analysis

• Market Concentration Rate of Raw Materials

• Manufacturing Cost Analysis

• Labor Cost Analysis

• Manufacturing Cost Structure Analysis

• Manufacturing Process Analysis of Blockchain technology in Healthcare Market

Blockchain technology in Healthcare Market Dynamics

• Growth Prospects

• See Saw Analysis

• Market Drivers

• Restraints

• Market Challenges

• Market Opportunities

Blockchain technology in Healthcare Market Industry Analysis

• Porter's 5 Force Model

• PEST Analysis

• Value Chain Analysis

• Key Buying Criteria

• Regulatory Framework

• Investment Vs Adoption Scenario

• Analyst Recommendation & Conclusion

For more information and discount on this report, ask your query at: https://www.reportocean.com/industry-verticals/sample-request?report_id=16982

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