The Global Blockchain Technology in the Healthcare Market is expected to grow at a compound annual growth rate of 21.70% in the forecast period of 2021 to 2028. The increase in the incidence of healthcare data breaches is a significant factor driving the market growth rate.
Likewise, the rise in number of government initiatives regarding the growth of the healthcare sector along with high adoption of electronic healthcare records will produce lucrative opportunities for the growth of the Blockchain technology in the healthcare market.
According to Data Bridge Market Research the market for Blockchain technology in the healthcare is expected to gain growth because of the increase in the threats of counterfeit drugs. Also the high adoption of Blockchain as a service and cost-effective and secured data interoperability through Blockchain are also expected to fuel the demand of the Blockchain technology in the healthcare market over the forecast period of 2021 to 2028. Whereas, the dearth of skilled professionals along with lack of technical infrastructure are expected to hinder the growth of the Blockchain technology in the healthcare market in the aforementioned forecast period.
Now the question is which are the other regions that Blockchain technology in the healthcare market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to high growth of healthcare infrastructure along with rise in adoption of EHR systems.
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Blockchain technology in the 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.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of Blockchain technology in the healthcare companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-blockchain-technology-in-the-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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Global Blockchain Technology in the Healthcare Market – Industry Trends and Forecast to 2028