Blockchain Technology in Healthcare Market Trends: Sustainable Practices and Green Technologies | Taiwan News

Report Ocean (150+ country’s markets analyzed, function on 1,00000+ published and forthcoming reports every year.] presents a research report and top winning strategies for the Blockchain Technology in Healthcare. Best subject matter experts, researchers, and market research professionals organized this report in order to ensure that the information in it is compiled from the most authentic sources and that the forecast is of the highest accuracy. To forecast market growth, specialists employ a variety of methodologies and analytical approaches, including S.W.O.T. (analysis methods), P.E.S.T.E.L. analysis, and regression analysis. The Blockchain Technology in Healthcare study also looks at the various regulations and policies that the firm has implemented. This report discusses the industry in terms of research technology and precise prospective utilization, innovation, and future advancements in the Blockchain Technology in Healthcare. [Download Free Sample]

The global blockchain technology in healthcare market size was US$ 591.9 million in 2021. The global blockchain technology in healthcare market is forecast to grow to US$ 76031.1 million by 2030 by registering a compound annual growth rate (CAGR) of 65.1% during the forecast period from 2022 to 2030. 

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Blockchain technology is characterized as a decentralized, distributed ledger that catalogues a digital asset’s provenance. It is known as distributed ledger technology, and it uses decentralization and cryptographic hashing to permanently and transparently record the history of any digital asset.

The study perfectly bridges the gap between the market’s qualitative and statistical data. The research covers consumption and value historical data from 2017 to 2022 and estimates until 2031.

Additionally, the report includes details on supply-demand, market growth, and improvement elements, business profits and losses, economic grade, and a few tactical suggestions. Statistical tools are used to copy the numerical statistics along with SWOT analysis, BCG analysis, and PESTLE analysis. Statistics are presented graphically to make it simple to understand the numbers and information.

An overview of the global market is provided in the research work report. This section offers the perspectives of important participants, a review of the sector, an outlook across important regions, financial services, and several market concerns. The scope of the investigation and the report’s instructions will determine this part.

Factors Influencing the Market

Blockchain has a wide range of healthcare applications, which is forecast to drive the growth of the overall blockchain in healthcare market. In addition, the rising incidences of data breaches in healthcare are expected to fuel the growth of the market during the study period.

Blockchain technology is becoming more and more important in the healthcare sector. With the use of blockchain technology, numerous entrepreneurs have begun to address significant pain points in the healthcare sector. Due to the interest in technology, numerous governmental organizations are utilizing blockchain technology. Apart from that, rising government spending in healthcare is forecast to fuel the growth of the overall blockchain technology in healthcare market during the forecast period.

Growing investments and collaborations will also contribute to market growth. For instance, UnitedHealth Group, MultiPlan, Quest Diagnostics, and Humana joined forces with the aim to leverage the scope of blockchain in exchanging financial and other healthcare information securely. Thus, such strategies are expected to have a significant positive impact on the blockchain technology in the healthcare market during the study period.

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Regional Analysis

Over the anticipated timeframe, North America will hold the highest share in the global blockchain technology in the healthcare market. The market growth is driven by the implementation of regulations in the region related to the safety of patient data and improving the quality of care. In addition, other factors like an increase in healthcare fraud incidents, a growing need to reduce rising healthcare costs, and a rising demand to safeguard medical data from tampering will drive the growth of the market.

The Asia-Pacific blockchain technology in the healthcare market will also record potential growth due to the rising contribution of government bodies. In addition, increasing digitization in the healthcare sector of the region is forecast to benefit the overall market during the study period.

Leading Players

• Farma Trust (UK)

• SimplyVital Health

• IBM (US)

• Microsoft (US)

• Chronicled (US)

• iSOLVE(US)

• Hashed Health (US)

• Patientory (US)

• Factom (US)

• Proof.Work (UK)

• Blockpharma (France)

• Medicalchain (UK)

• Other prominent players

The report gives a thorough understanding of each segment and offers potential estimates for major applications and awareness of emerging prospects. Every regional market is carefully examined to determine its potential growth, development, and demand over the coming years.

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Segmentation Overview

The global blockchain technology in healthcare market segmentation focuses on networks, Applications, End-Users, and regions.

Network Type Outlook

• Private

• Public

• Others

Application Outlook

• Clinical Data Exchange & Interoperability

• Claims Adjudication & Billing

• Supply Chain Management

• Clinical Trials & eConsent

• Others

End-user Outlook

• Providers

• Payers

• Biopharmaceutical & Medical Device Companies

• Others

By Region

● North America

o The U.S.

o Canada

o Mexico

● Europe

 Western Europe

o The UK

o Germany

o France

o Italy

o Spain

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o Rest of Western Europe

 Eastern Europe

o Poland

o Russia

o Rest of Eastern Europe

● Asia Pacific

o China

o India

o Japan

o Australia & New Zealand

o ASEAN

o Rest of Asia Pacific

● Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o South Africa

o Rest of MEA

● South America

o Brazil

o Argentina

o Rest of South America

Table of Content

Chapter 1: Global Blockchain Technology in Healthcare Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Blockchain Technology in Healthcare market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Blockchain Technology in Healthcare Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Blockchain Technology in Healthcare market Size Forecast (2024-2032).

Why is our study significant?

It is essential for a number of reasons. Here are a few of the main ones:

• A business might assess the viability of a new or existing product or service.
• Aids businesses in discovering and creating new market segments
• Enables businesses to assess consumer demand before introducing new services, goods, or features.
• Increases the general effectiveness of marketing, advertising, and promotional campaigns.
• Analyzes market trends to assist businesses in creating plans to adapt to them
• Businesses can use this tool to decide where their products should be placed.

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