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Blockchain Technology in Healthcare Market – Share Estimation, Size, Revenue and Forecast 2023-2033

The Global Blockchain Technology in Healthcare Market is expected to be around US$ 1540 Million by 2033 at a CAGR of 77.168% in the given forecast period.

At its center, blockchain is a circulated system recording and putting away exchange records. All the more explicitly, blockchain is a shared, unchanging record of distributed exchanges worked from linked transaction blocks and stored in a digital ledger. Blockchain technology enables patients to allot get to rules for their restorative information, for instance, allowing explicit analysts to get to parts of their information for a fixed timeframe. With blockchain technology, patients can associate with different emergency clinics and gather their medicinal information consequently.

Supply chain management section is predicted to account for the biggest share of the market because of the implementation of demanding laws like the Drug Quality and Security Act (DQSA) within the United States of America and also the Falsified Medicines Directive (FMD) in Europe to deal with the increasing incidences of counterfeit medicines is driving the adoption of the blockchain technology in aid provide chain management.

However, lack of a central entity & common standards and lack of awareness & understanding of the employment of blockchain technologies within the health care sector are expected to restrain the expansion of this market to a particular extent.

The global Blockchain Technology in Healthcare market is segregated on the basis of Application as Supply Chain Management, Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, and Other Applications. Based on End User the global Blockchain Technology in Healthcare market is segmented in Pharmaceutical Companies, Healthcare Payers, Healthcare Providers, and Other End Users.

The global Blockchain Technology in Healthcare market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Blockchain Technology in Healthcare market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

IBM, Microsoft, Guardtime, Pokitdok, Gem, Hashed Health, Chronicled, Isolve, Patientory, Factom, and others are among the major players in the global Blockchain Technology in Healthcare market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

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The Blockchain Technology in Healthcare Market has been segmented as below:

Blockchain Technology in Healthcare Market, By Application

Supply Chain Management
Clinical Data Exchange and Interoperability
Claims Adjudication and Billing Management
Other Applications

Blockchain Technology in Healthcare Market, By End User

Pharmaceutical Companies
Healthcare Payers
Healthcare Providers
Other End Users

Blockchain Technology in Healthcare Market, By Region

North America
Europe
Asia-Pacific
Rest of the World

Blockchain Technology in Healthcare Market, By Company

IBM
Microsoft
Guardtime
Pokitdok
Gem
Hashed Health
Chronicled
Isolve
Patientory
Factom

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The report covers:

Global Blockchain Technology in Healthcare market sizes from 2023-2033, along with CAGR for 2023-2033
Market size comparison for 2023-2033, with actual data for 2023, estimates for 2033 and forecast from 2023-2033
Global Blockchain Technology in Healthcare market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Blockchain Technology in Healthcare market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report Scope:

The global Blockchain Technology in Healthcare market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Blockchain Technology in Healthcare market share. Major industry players with significant revenue share include IBM, Microsoft, Guardtime, Pokitdok, Gem, Hashed Health, Chronicled, Isolve, Patientory, Factom, and others.

Reasons to Buy this Report:

Gain detailed insights on the Blockchain Technology in Healthcare industry trends
Find complete analysis on the market status
Identify the Blockchain Technology in Healthcare market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count ( SDKI ) provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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