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Global Blockchain Technology in Healthcare Market Size, Trends & Growth Opportunity, By Type (Permissioned Blockchains, and Permission Less Blockchain), By End User (Healthcare Service Providers, Healthcare Consumers, Pharmaceutical Companies, and Others), By Application (Billing, Clinical Trials & Data Security, Drug Traceability, Patient Data Management, Supply Chain Management, and Others) By Region and Forecast till 2027. 


Report ID : IR1001911 | Industries : Healthcare | Published On :June 2024 | Page Count : 210

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  • Global Blockchain Technology in Healthcare Market Size, Trends & Growth Opportunity, By Type (Permissioned Blockchains, and Permission Less Blockchain), By End User (Healthcare Service Providers, Healthcare Consumers, Pharmaceutical Companies, and Others), By Application (Billing, Clinical Trials & Data Security, Drug Traceability, Patient Data Management, Supply Chain Management, and Others) By Region and Forecast till 2027. 
    Global Blockchain Technology in Healthcare Market 
    The Global Blockchain Technology in Healthcare Market is expected to grow from US$ 0.76 Billion in 2021 to US$ 15.4 Billion by 2027; it is estimated to grow at a CAGR of 65.44% from 2022 to 2027.

    Market Overview
    Blockchain technology is used to gather and follow transaction information in real time. This system keeps track of all network activity and functions as a digital ledger. The healthcare sector can benefit from blockchain technology in a number of ways, including decreased data duplication and accelerated transaction times.
    Market Drivers
    The main factor projected to fuel the growth of the worldwide blockchain technology in healthcare market is the rise in instances of data theft in the healthcare industry. Additionally, the rise in demand for simple and affordable data management technologies will benefit the market's expansion. Additionally, throughout this projection period, a rise in the implementation of blockchain technology in the healthcare industry is anticipated to fuel market expansion. Additionally, a rise in the number of R&D facilities is a key factor in the market's expansion.
    Market Restraints
    However, the lack of significant entity and universal standards as well as lack of awareness about blockchain technology are the major challenging factors which are expected to hamper the global blockchain in healthcare market growth.
    Market Segmentation
    Global Blockchain Technology in Healthcare Market is segmented into type such as Permissioned Blockchains, and Permission Less Blockchain, by end user such as Healthcare Service Providers, Healthcare Consumers, Pharmaceutical Companies, and Others. Further, market is segmented into application such as Billing, Clinical Trials & Data Security, Drug Traceability, Patient Data Management, Supply Chain Management, and Others.
    Regional Analysis 
    Also, Global Blockchain Technology in Healthcare Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    Market Key Players
    Various key players are discussed in this report such as IBM Corporation, Microsoft Corporation, Guardtime, Pokitdok, Gem, Patientory, Simplyvital Health, Blockpharma, and Farmatrust.
    Key Developments
    • Beginning in January 2022, Avaneer Health will have access to USD 50 million in startup funding thanks to further assistance from a number of renowned healthcare organisations. The network, which is built on blockchain technology, emphasises payer-to-payer data sharing, eligibility, and prior authorisation while utilising HL7's FHIR specification to broaden data access among healthcare organisations.
    Market Taxonomy
    By Type
    • Permissioned Blockchains
    • Permission Less Blockchain
    By End User
    • Healthcare Service Providers
    • Healthcare Consumers
    • Pharmaceutical Companies
    • Others
    By Application
    • Billing
    • Clinical Trials & Data Security
    • Drug Traceability
    • Patient Data Management
    • Supply Chain Management
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Blockchain Technology in Healthcare Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?
    • What are the strategies adopted by key players?


     

    Global Blockchain Technology in Healthcare Market 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Blockchain Technology in Healthcare Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5  Global Blockchain Technology in Healthcare Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Blockchain Technology in Healthcare Market Share Analysis, By Type 
    5.3 Global Blockchain Technology in Healthcare Market Size and Forecast, By Type
    5.3.1 Permissioned Blockchain
    5.3.2 Permission less Blockchain
    6  Global Blockchain Technology in Healthcare Market, By End User
    6.1 Y-o-Y Growth Comparison, By End User
    6.2 Global Blockchain Technology in Healthcare Market Share Analysis, By End User
    6.3 Global Blockchain Technology in Healthcare Market Size and Forecast, By End User
    6.3.1 Healthcare Service Providers
    6.3.2 Healthcare Consumers
    6.3.3Pharmaceutical Companies
    6.3.4Others
    7 Global Blockchain Technology in Healthcare Market, By Application
    7.1 Y-o-Y Growth Comparison, By Application
    7.2 Global Blockchain Technology in Healthcare Market Share Analysis, By Application
    7.3 Global Blockchain Technology in Healthcare Market Size and Forecast, By Application
    7.3. 1 Billing
    7.3.2 Clinical Trials & Data Security
    7.3.3 Drug Traceability
    7.3.4 Patient Data Management
    7.3.5 Supply Chain Management
    7.3.6Others
    8Global Blockchain Technology in Healthcare Market, By Region
    8.1 Global Blockchain Technology in Healthcare Market Share Analysis, By Region
    8.2 Global Blockchain Technology in Healthcare Market Share Analysis, By Region
    8.3 Global Blockchain Technology in Healthcare Market Size and Forecast, By Region
    9 North America Blockchain Technology in Healthcare Market Analysis and Forecast (2022 – 2027)
    9.1 Introduction
    9.2 North America Blockchain Technology in Healthcare Market Share Analysis, By Type
    9.3 North America Blockchain Technology in Healthcare Market Size and Forecast, By End User
    9.4 North America Blockchain Technology in Healthcare Market Size and Forecast, By Application
    9.5 North America Blockchain Technology in Healthcare Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Blockchain Technology in Healthcare Market Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 Europe Blockchain Technology in Healthcare Market Share Analysis, By Type 
    10.3 Europe Blockchain Technology in Healthcare Market Size and Forecast, By End User 
    10.4 Europe Blockchain Technology in Healthcare Market Size and Forecast, By Application
    10.5 Europe Blockchain Technology in Healthcare Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11 Asia Pacific Blockchain Technology in Healthcare Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Asia Pacific Blockchain Technology in Healthcare Market Share Analysis, By Type 
    11.3 Asia Pacific Blockchain Technology in Healthcare Market Size and Forecast, By End User 
    11.4 Asia Pacific Blockchain Technology in Healthcare Market Size and Forecast, By Application
    11.5 Asia Pacific Blockchain Technology in Healthcare Market Size and Forecast, By Country
    11.5.1 China 
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12 Latin America Blockchain Technology in Healthcare Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Latin America Blockchain Technology in Healthcare Market Share Analysis, By Type 
    12.3 Latin America Blockchain Technology in Healthcare Market Size and Forecast, By End User 
    12.4 Latin America Blockchain Technology in Healthcare Market Size and Forecast, By Application
    12.5 Latin America Blockchain Technology in Healthcare Market Size and Forecast, Country
    13Middle East Blockchain Technology in Healthcare Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
    13.2 Middle East Blockchain Technology in Healthcare Market Share Analysis, By Type 
    13.3 Middle East Blockchain Technology in Healthcare Market Size and Forecast, By End User 
    13.4 Middle East Blockchain Technology in Healthcare Market Size and Forecast, By Application
    13.5 Middle East Blockchain Technology in Healthcare Market Size and Forecast, By Country
    14Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 IBM Corporation
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Microsoft Corporation
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Guardtime
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Pokitdok
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Gem
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Patientory
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Simplyvital Health
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies 
    15.8 Blockpharma
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies 
    15.9 Farmatrust
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies