Driving assessment

Global blockchain technology in healthcare market

New York, June 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Blockchain Technology in Healthcare Market” – https://www.reportlinker.com/p05835683/?utm_source=GNW

Using 2021 as the base year, the report provides estimated market data for the forecast period 2022-2027. Market values ​​have been estimated based on the total revenue of blockchain solution providers.

The report covers the blockchain market on the basis of users in different regions. It also highlights key trends and challenges affecting the market and vendor landscape.

The report estimates the global blockchain market in 2021 and provides projections of the expected market size through 2027.

The scope of the study includes the blockchain development platform and the associated services as well as the services associated with the platform. However, cryptocurrency wallets and mobile applications developed in the blockchain platform, pre-developed blockchain applications, and physical services were excluded from the study.

The report includes:
– 43 data tables and 42 additional tables
– An up-to-date review of the global blockchain technology markets in the healthcare industry
– Global market trend analyses, with historical market revenue data for 2021, estimates for 2022, 2023, and 2025, and compound annual growth rate (CAGR) projections through 2027
– Assessing and forecasting the blockchain technology in healthcare market size, projected growth trends, and corresponding market share analysis by deployment mode, application, end-user, and geographic region
– Technological assessment of key drivers, restraints and opportunities that will shape this market over the next few years (2022 to 2027)
– Description of applications of blockchain technology in clinical trials, drug traceability, electronic health records (EHRs), precision medicine and others, including genomics research
– Detailed information on increasing investment in R&D activities, key technology issues, industry-specific challenges, major types of end-user markets, and implications of COVID-19 on the progress of this market
– Identification of key stakeholders and analysis of the competitive landscape based on recent developments and industry revenue
– Updated information on major mergers and acquisitions, collaborations, partnerships, product launches, and other development strategies in the Blockchain Technology in Healthcare market
– Comprehensive company profiles of major market players including Coral Health Inc., doc.ai Inc., IBM Corp., Huawei Technologies Co. Ltd., Microsoft Corp. and Oracle Corp.

Summary:
In this report, the analyst examined the development and evolution of blockchain technology in the healthcare market. This analysis includes a detailed study of new organizations in the market as well as existing organizations.

At the industry level, BCC Research has identified, reviewed and provided the global and regional market size for 2021 and forecasts demand from 2022 to 2027.

The healthcare sector is about to undergo a major transformation of its digital environment. Current security and interoperability features are not fully supported by the system.

Medical data must be portable and interoperable between systems to be used to its full extent. In light of the growing number of wearable devices and many new IoT devices that are interconnected while using their data streams, enhanced security is needed and made easily accessible to healthcare professionals.

These challenges can be mitigated with the help of blockchain technology and its interoperability, integrity and security, not to mention the portability of user-owned data. Blockchain gives users access to all
their health data with frictionless connections, smart contracts and authorization. Transaction layers provide instant access to standardized, anonymous, non-patient-identifiable information. Transparency and automation can also help you save money. As a result, the adoption of blockchain in healthcare will increase revenue generation.

Blockchain technology in the healthcare market is being developed due to the growing incidence of data breaches. The development of unproductive healthcare database systems has tended to increase the demand for blockchain solutions in healthcare.

In this report, the global healthcare blockchain technology market has been segmented on the basis of deployment mode, end-user, application, and geography. Based on the mode of deployment, blockchain technologies in the healthcare market have been categorized into private, public, and hybrid. .

On the basis of end user, blockchain technologies in healthcare market has been segmented into hospitals, pharmaceutical companies, insurers and other end users. Based on application, blockchain technologies in the healthcare market have been segmented into supply chain management, clinical data exchange and interoperability, claims adjustment and billing management, and others apps.

By geography, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Currently, the North American region is the most dominant market segment in global blockchain technologies in the healthcare market.

The presence of leading global companies, a robust technological infrastructure, a favorable political and economic environment, an increase in the implementation of FDA rules to protect drugs against theft and the high adoption of advanced technologies (such as as AI, IoT and cloud) are some of the key factors driving the North American market. Asia-Pacific is currently the fastest growing global market.
Read the full report: https://www.reportlinker.com/p05835683/?utm_source=GNW

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