Press release
Blockchain in Healthcare Market - Demand, Investment Feasibility and Forecast 2028 by Top Leading Key Companies are IBM Corp., Change Healthcare, Oracle Corp., BurstIQ Inc., UnitedHealth Group, Medicalchain SA, Blockpharma, iSolve LLC, Solve.Care, Patient
The global blockchain in healthcare market is expected to expand at a CAGR of over 60% during the forecast period. The market growth is attributed to the rising occurrence of data leaks and breaches coupled with the growing need to address these concerns. Blockchain technology has the potential to revolutionize healthcare globally by providing innovative solutions that are economical, faster, and more effective. Moreover, the surging adoption of blockchain technology in hospitals is expected to provide the necessary thrust to the segmental growth. Information updates or alterations are not permitted on the blockchain, thus, ensuring high security of the data or information. This is expected to drive industry growth in the coming years.Market Segmentation
The global blockchain in healthcare market has been analyzed on the basis of network type, application, end-user, and region. Based on network type, the market is segmented into public network, private network, and others. Among these, public network segment is projected to hold a prominent share in the market. Based on application, the market covers the analysis of clinical trials & eConsent, claims adjudication & billing, supply chain management, clinical data exchange & interoperability, and others. Further, on the basis of end-user, the market is segmented into biopharmaceutical & medical device companies, healthcare providers, and others. Among these, biopharmaceutical & medical device companies segment is estimated to hold a prominent share in the market. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Market Structure and Competition Landscape
The global blockchain in healthcare market is characterized by the presence of significant number of players. Some of the prominent players operating in the market include IBM Corp., Change Healthcare, Oracle Corp., BurstIQ Inc., UnitedHealth Group, Medicalchain SA, Blockpharma, iSolve LLC, Solve.Care, Patientory Inc., and others. To maintain their position in the market, the companies are employing various business strategies, such as expanding cooperation, partnerships, and mergers & acquisitions.
In October 2021, amid the COVID-19 spread, a COVID-19 testing service was launched by MDS Mexico. This service is blockchain technology-based and ensures the authenticity of vaccination certificates.
In April 2020, to tackle COVID-19, IBM Corp. established the IBM Rapid Supplier Connect, a blockchain-based network that connects healthcare companies and governments with non-traditional device, equipment, and supply vendors.
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Table of Content
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, technological adoption rate, economic conditions, and consumer's spending, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
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Chapter Seven: Rules & Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Global Blockchain in Healthcare Market: Key Investment Analysis
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Delivering foresights along with statistical analysis of the operational business industry impacts has been our foremost priority. With the constant developments in the research & development industry, we have always challenged the conventional research methodologies and discovered new research tactics to evolve the growing B2B requirements.
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