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Blockchain In Pharmaceutical market: Key Tactics by Players to Consolidate Presence | IBM, AWS, Microsoft, SAP

01-18-2023 11:36 AM CET | Health & Medicine

Press release from: Extrapolate

Blockchain In Pharmaceutical market: Key Tactics by Players

The Global Blockchain In Pharmaceutical Market Size was estimated at USD 1011.31 million in 2021 and is projected to reach USD 47856.44 million by 2028, exhibiting a CAGR of 73.50% during the forecast period.

Blockchain technology has the potential to revolutionize the pharmaceutical industry by providing a secure and transparent way to track the movement of drugs from the manufacturer to the patient. This can help to prevent counterfeit drugs from entering the supply chain and ensure that patients receive safe and effective medication.

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The global blockchain in pharmaceutical market is expected to grow at a significant rate during the forecast period. Factors driving the market growth include increasing adoption of blockchain technology in the pharmaceutical industry, the need to improve supply chain efficiency, and the need to reduce counterfeit drugs. Additionally, the increasing use of blockchain in clinical trials and drug development is expected to further boost market growth.

The competitive landscape of the Blockchain In Pharmaceutical market includes major players such as:
-IBM
-AWS
-Microsoft
-SAP
-Chronicled
-Embleema
-FarmaTrust
-Guardtime Federal

Browse More Details With TOC: https://www.extrapolate.com/information-technology-communication-iot/data-monetization-market-report/32683

The Blockchain In Pharmaceutical market can be segmented by:

Market Segmentation (by Type)
-Private Blockchain
-Hybrid Blockchain

Market Segmentation (by Application)
-Supply Chain Logistics
-Drug Safety
-Clinical Trial Management
-IOMT and Cyber Security

Geographic Segmentation
-North America (USA, Canada, Mexico)
-Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
-Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
-South America (Brazil, Argentina, Columbia, Rest of South America)
-The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

The Blockchain In Pharmaceutical market is expected to grow at a significant rate across all regions, with North America and Europe being the major contributors to the market due to the presence of major players and early adoption of Blockchain In Pharmaceutical techniques. Asia Pacific is also expected to witness a significant growth in the market due to the increasing adoption of big data analytics and IoT in countries such as China and India. The market in the Middle East and Africa and Latin America is also expected to witness a steady growth due to the increasing awareness about the benefits of Blockchain In Pharmaceutical.

Enquire@: https://www.extrapolate.com/enquire/information-technology-communication-iot/data-monetization-market-report/32683

Table of Contents:
1 Research Methodology and Statistical Scope
2 Blockchain In Pharmaceutical Market Overview
3 Blockchain In Pharmaceutical Market Competitive Landscape
4 Blockchain In Pharmaceutical Value Chain Analysis
5 Key Development Trends
6 Blockchain In Pharmaceutical Market Segmentation by Type
7 Blockchain In Pharmaceutical Market Segmentation by Application
8 Blockchain In Pharmaceutical Market Segmentation by Region
9 Key Companies Profiled
10 Global Blockchain In Pharmaceutical Market Size Forecast
11 Market Segmentation & Size Forecast (2023-2028)
....Continued

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In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.

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