Healthcare Publications Blockchain Technology In Healthcare Market

Market Highlights:
As per the analysis of Market Research future (MRFR), the Global Blockchain Technology in
Healthcare Market is projected to attain a valuation of USD 42.06 Mn and expected to
register stellar CAGR 71.8% over the forecast period.
Blockchain technology is decentralized platform system which allows real time transaction
entry. It works as a digital ledger and allows users to track all the activities carried out in
network. Factors that are propelling the growth of the global blockchain technology in
healthcare market are rising cases of data breach and concerns related to data security,
increasing demand for easy to use and inexpensive data management tools, increasing
investment in healthcare and surge in adoption of blockchain technology. Moreover,
increasing adoption of blockchain technology in healthcare sector is likely to provide
favorable conditions for the growth of the market. For instance, in June 2018,In UK leading
blockchain company, The Guard time has launched health record platform which works on
blockchain technology.
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The lack of significant entity and universal standards for blockchain transactions, and lack of
awareness about are likely to hinder market growth during the forecast period.
Key Players:
Some of the key players in the Global Blockchain Technology In Healthcare Market are IBM,
Microsoft, Guardtime, Pokitdok , Gem, Patientory, Hashed Health, Chronicled, Isolve,
Factom, Blockpharma, Medicalchain, Simplyvital Health,Farmatrust, and others
Segmentation:
The Global Blockchain Technology in Healthcare Market has been segmented on the basis of
application, type, and end-user.
The application segment has been segregated on the basis of supply chain management,
patient data management, drug traceability, clinical trials & data security, claims
adjudication, billing, and others.
On the basis of type, the market has been classified as permissioned blockchains,
permission less blockchains.
The market, by end user, has been segmented into pharmaceutical companies, healthcare
service providers, healthcare consumers, and others
Regional Analysis:
The American market is expected to dominate the Global Blockchain Technology In
Healthcare Market during the forecast period due to the high adoption rate of advance
technology, availability of large patient pool, presence of well-established healthcare
management systems, rising healthcare expenditure, and insurance holders. According to