Market Research Report
Global Blockchain in Healthcare Market 2019-2025
|Global Blockchain in Healthcare Market 2019-2025|
Published: June 28, 2019
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Blockchain in Healthcare Market Size, Share & Trends Analysis Report by Deployment Method (Private, Public, and Hybrid), by Application (Supply Chain Traceability, Medical Financial Services, and Data Exchange & Interoperability) and Forecast, 2019 - 2025
Blockchain technology is transforming the healthcare industry by saving a huge amount of money from counterfeit drugs and thereby, positively impacting the outcomes of healthcare. Increasing application of the Internet of Things (IoT) in the healthcare sector will lead to the increasing demand and adoption of blockchain technology in healthcare. Most of the major players are leveraging blockchain technology for improving patient results and optimizing internal operations. The global blochain in healthcare market is expected to grow at a significant rate during the forecast period. Increasing medical and healthcare data breaches is one of the major reasons that will boost the demand and adoption rate of blockchain technology in healthcare in the near future.
Global blockchain in healthcare market is segmented on the basis of deployment method and application. On the basis of deployment, the market is further segmented into the public deployment of blockchain, private deployment of blockchain, and hybrid deployment of blockchain. Further, on the basis of application, the global blockchain in healthcare market is segmented into supply chain traceability, medical financial services, and data exchange and interoperability. Among these, the market for data exchange and interoperability is expected to grow at a considerable rate during the forecast period.
Geographically, the report study includes the analysis of four major regions; North America, Europe, Asia-Pacific, and Rest of the World. Among these, Asia-Pacific is expected to grow at a considerable rate due to the growing ICT industry in emerging economies such as Japan and China. Further, the market includes several players providing blockchain technology for healthcare applications. Some of the players operating in the market include Accenture PLC, IBM Corp., Microsoft Corp., Amazon Web Services, Inc., LeewayHertz BigchainDB GmbH, and others.
The market study of the global blockchain in healthcare market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for ICT industry market players, pharmaceutical companies, potential startups, blockchain technology vendors, healthcare service providers, research institutes, investment companies and venture capitalists, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions