Global Blockchain for Healthcare Market is Expected to Grow at A CAGR of 72.0% During the Forecast Period of 2020 to 2027

The Global Blockchain For Healthcare Market is expected to grow at a compound annual growth rate of 72.0% in the forecast period of 2020 to 2027 and is expected to USD 8,362.01 million by 2027. The rise in demand of cost-effective and secured data interoperability with the help of blockchain is a significant factor driving the market growth rate.

Likewise, the rapid increase in initiatives of the government and high investment for the development of advanced solutions will produce lucrative opportunities for the growth of the blockchain for healthcare market.

Blockchain for Healthcare Market Scenario

According to Data Bridge Market Research the market for blockchain for healthcare is expected to gain growth because of the high adoption of blockchain technology. Also the introduction of transparency and immutability of the distributed ledger technology are also expected to fuel the demand of the blockchain for healthcare market over the forecast period of 2020 to 2027. Whereas, the dearth of data safety and standard set are expected to hinder the growth of the blockchain for healthcare market in the aforementioned forecast period.

Now the question is which are the other regions that blockchain for healthcare market is targeting? Data Bridge Market Research has estimated North America to dominate the market due to increase in occurrences of healthcare data breaches and stringent regulations to improve pharmaceutical supply chain.

For more analysis on the blockchain for healthcare request for a briefing with our analysts

Blockchain for Healthcare Market Scope

Blockchain for healthcare  market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of blockchain for healthcare market is further analyzed based on maximum granularity into further segmentation. Based on application, blockchain for healthcare market is segmented into clinical data exchange and interoperability, claims adjudication and billing management, drug supply chain management, drug discovery and clinical trials, prescription drug abuse and others. Blockchain for healthcare market has also been segmented based on the end user into pharmaceutical companies, healthcare providers, healthcare payers and others.
  • Blockchain technology let patients to assign access rules for their medical data, such as, permitting specific researchers to contact parts of their data for a fixed period of time. Also the patients can connect to other hospitals and collect their medical data mechanically.

To know more about the study,

Key Pointers Covered in the Blockchain for Healthcare Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • IBM Corporation
  • Microsoft
  • Guardtime
  • PokitDok, Inc
  • Gem
  • Hashed Health
  • Chronicled
  • iSolve, LLC
  • Patientory
  • Factom
  • Medicalchain SA.
  • Proof.Works
  • SimplyVital Health, Inc
  • Blockchain AI Solutions Ltd
  • Change Healthcare
  •, Inc

Above are the key players covered in the report, to know about more and exhaustive list of blockchain for healthcare companies’ contact us

Research Methodology of Global Blockchain for Healthcare Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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