The Global blockchain in the healthcare market will emerge the market share owing to artificial intelligence and the quality of clinical trial data
The Global blockchain in the healthcare manufacturing market will increase the CAGR in the forecast period from 2020-2027. The application prospects of blockchain technology in the medical and health field are widely optimistic. It expects to play an active role in medical data sharing, medical insurance, drug traceability, and wearable devices.
The combination of medical information and big data is an inevitable direction for the development of the pharmaceutical industry. The use and sharing of medical data based on cloud storage and cloud computing have a valuable role in promoting the progress of the medical industry.
Moreover, Smart contracts and process automation using blockchain technology are conducive to reducing management costs, improving efficiency, and achieving credible, monitorable, and traceable information as pharmaceutical supervision is difficult and costly. Through blockchain technology sharing extensive updates and reliable data that can improve supply chain management in the future, wearable devices expected to integrate into the medical IT ecosystem. With the help of blockchain technology, smart ecological devices can be completely independent of the constraints of mobile phones and other devices.
Type Outlook Overview in the Global blockchain in the healthcare Market
Based on the Type outlook, the global blockchain in the healthcare market bifurcated into Public, Private. The public segment will hold a significant share in the global blockchain in the healthcare market as a public blockchain system is an open network that provides fewer permissions, easy and safe transfers. Moreover, it is cost-effective and offers various rewards for individuals who mechanize the blockchain structure effectively.
Application Overview in the Global blockchain in the healthcare Market
Based on the Application, the global blockchain in the healthcare market classified into Clinical Data Exchange & Interoperability, Claims Adjudication & Billing, Supply Chain Management, Clinical Trials & e-Consenting, Other Applications. The clinical trials & e- consenting segment has dominated the demand for worldwide blockchain in the healthcare industry market. Blockchain technology will help in building a smooth, transparent, and secure channel between patients and doctors with help. Moreover, the adoption of smartphones has enhanced the healthcare facilities, and with the help of blockchain technology, the data privacy of the patient will also improve.
End-uses Overview in the Global blockchain in the healthcare Market
Based on End-use, the global blockchain in healthcare market segmented into Hospitals, Insurance Providers, Drug and Medical Device Companies, and Others. The hospital segment will dominate the market share of the global blockchain in the healthcare market. The examination of medical results will improve its efficiency; blockchain technology will reduce the cost of the hospital bills and improve emergency care and clinical outcomes.
Region Overview in the Global blockchain in the healthcare Market
Based on geography, the global single-cell multi-omics market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia-Pacific region is the fastest-growing region for blockchain healthcare, mainly due to the region's rapid economic growth and some vast development opportunities. Asia-Pacific Economic Zone has a mature market, a large population, and a high-quality workforce, which makes its blockchain medical market occupy a large share of the total market in the Asia-Pacific region.
Global blockchain in the healthcare Market: Competitive Landscape
Companies such as IBM, Microsoft, Guardtime, PokitDok, Gem Health, Patientory, iSolve, LLC, FarmaTrust, Medicalchain, EncrypGen, SimplyVitalHealth, Blockpharma, Doc.AI, Nebula Genomics, Embleema among others are key players in the global blockchain in the healthcare market.
Global Blockchain in Healthcare Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Competitors & Product Analysis 4.3. Regulatory Framework 4.4. Company market share analysis, 2019 4.5. Porter's Five forces analysis 4.6. New Investment Analysis 4.7. PESTEL Analysis 5. Global Blockchain in Healthcare Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Type Outlook 5.2.1.1. Public 5.2.1.2. Private 5.2.2. By Application Outlook 5.2.2.1. Clinical Data Exchange & Interoperability 5.2.2.2. Claims Adjudication & Billing 5.2.2.3. Supply Chain Management 5.2.2.4. Clinical Trials & e-Consenting 5.2.2.5. Other Applications 5.2.3. By End-use 5.2.3.1. Hospitals 5.2.3.2. Insurance Providers 5.2.3.3. Drug and Medical Device Companies 5.2.3.4. Others 5.2.4. By Region 5.2.4.1. Europe 5.2.4.2. North America 5.2.4.3. Asia Pacific 5.2.4.4. South America 5.2.4.5. Middle East & Africa 6. Europe Blockchain in Healthcare Market Overview 6.1. Europe Blockchain in Healthcare Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. Europe Blockchain in Healthcare Market Share & Forecast, 2016-2027 6.2.1. By Type Outlook 6.2.1.1. Public 6.2.1.2. Private 6.2.2. By Application Outlook 6.2.2.1. Clinical Data Exchange & Interoperability 6.2.2.2. Claims Adjudication & Billing 6.2.2.3. Supply Chain Management 6.2.2.4. Clinical Trials & e-Consenting 6.2.2.5. Other Applications 6.2.3. By End-use 6.2.3.1. Hospitals 6.2.3.2. Insurance Providers 6.2.3.3. Drug and Medical Device Companies 6.2.3.4. Others 6.2.4. By Country 6.2.4.1. Germany 6.2.4.2. UK 6.2.4.3. France 6.2.4.4. Italy 6.2.4.5. Rest of Europe 6.2.5. Company Market Share (Top 3-5) 6.2.6. Economic Impact Study on Europe Blockchain in Healthcare Market 7. North America Blockchain in Healthcare Market Overview 7.1. North America Blockchain in Healthcare Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. North America Blockchain in Healthcare Market Share & Forecast, 2016-2027 7.2.1. By Type Outlook 7.2.1.1. Public 7.2.1.2. Private 7.2.2. By Application Outlook 7.2.2.1. Clinical Data Exchange & Interoperability 7.2.2.2. Claims Adjudication & Billing 7.2.2.3. Supply Chain Management 7.2.2.4. Clinical Trials & e-Consenting 7.2.2.5. Other Applications 7.2.3. By End-use 7.2.3.1. Hospitals 7.2.3.2. Insurance Providers 7.2.3.3. Drug and Medical Device Companies 7.2.3.4. Others 7.2.4. By Country 7.2.4.1. US 7.2.4.2. Canada 7.2.4.3. Mexico 7.2.5. Company Market Share (Top 3-5) 7.2.6. Economic Impact Study on North America Blockchain in Healthcare Market 8. Asia Pacific Blockchain in Healthcare Overview 8.1. Asia Pacific Blockchain in Healthcare Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Blockchain in Healthcare Market Share & Forecast, 2016-2027 8.2.1. By Type Outlook 8.2.1.1. Public 8.2.1.2. Private 8.2.2. By Application Outlook 8.2.2.1. Clinical Data Exchange & Interoperability 8.2.2.2. Claims Adjudication & Billing 8.2.2.3. Supply Chain Management 8.2.2.4. Clinical Trials & e-Consenting 8.2.2.5. Other Applications 8.2.3. By End-use 8.2.3.1. Hospitals 8.2.3.2. Insurance Providers 8.2.3.3. Drug and Medical Device Companies 8.2.3.4. Others 8.2.4. By Country 8.2.4.1. China 8.2.4.2. India 8.2.4.3. Japan 8.2.4.4. Australia 8.2.4.5. Rest of Asia Pacific 8.2.5. Company Market Share (Top 3-5) 8.2.6. Economic Impact Study on Asia Pacific Blockchain in Healthcare Market 9. South America Blockchain in Healthcare Market Overview 9.1. South America Blockchain in Healthcare Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Blockchain in Healthcare Market Share & Forecast, 2016-2027 9.2.1. By Type Outlook 9.2.1.1. Public 9.2.1.2. Private 9.2.2. By Application Outlook 9.2.2.1. Clinical Data Exchange & Interoperability 9.2.2.2. Claims Adjudication & Billing 9.2.2.3. Supply Chain Management 9.2.2.4. Clinical Trials & e-Consenting 9.2.2.5. Other Applications 9.2.3. By End-use 9.2.3.1. Hospitals 9.2.3.2. Insurance Providers 9.2.3.3. Drug and Medical Device Companies 9.2.3.4. Others 9.2.4. By Country 9.2.4.1. Brazil 9.2.4.2. Argentina 9.2.4.3. Rest of South America 9.2.5. Company Market Share (Top 3-5) 9.2.6. Economic Impact Study on South America Blockchain in Healthcare Market 10. Middle East & Africa Blockchain in Healthcare Market Overview 10.1. Middle East & Africa Blockchain in Healthcare Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Blockchain in Healthcare Market Share & Forecast, 2016-2027 10.2.1. By Type Outlook 10.2.1.1. Public 10.2.1.2. Private 10.2.2. By Application Outlook 10.2.2.1. Clinical Data Exchange & Interoperability 10.2.2.2. Claims Adjudication & Billing 10.2.2.3. Supply Chain Management 10.2.2.4. Clinical Trials & e-Consenting 10.2.2.5. Other Applications 10.2.3. By End-use 10.2.3.1. Hospitals 10.2.3.2. Insurance Providers 10.2.3.3. Drug and Medical Device Companies 10.2.3.4. Others 10.2.4. By Country 10.2.4.1. Saudi Arabia 10.2.4.2. UAE 10.2.4.3. South Africa 10.2.4.4. Rest of Middle East & Africa 10.2.5. Company Market Share (Top 3-5) 10.2.6. Economic Impact Study on Middle East & Africa Blockchain in Healthcare Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. IBM 11.7.2. Microsoft 11.7.3. Guardtime 11.7.4. PokitDok 11.7.5. Gem Health 11.7.6. Patientory 11.7.7. iSolve 11.7.8. LLC 11.7.9. FarmaTrust 11.7.10. Medicalchain 11.7.11. EncrypGen 11.7.12. SimplyVitalHealth 11.7.13. Blockpharma 11.7.14. Doc.AI 11.7.15. Nebula Genomics 11.7.16. Embleema 11.7.17. Other players.
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