The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Block Chain In Healthcare Market Size, Growth Rate, And Forecast
The global blockchain in healthcare market size grew from $1.23 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 36.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The blockchain in healthcare market size is expected to grow to $6.11 billion in 2027 at a CAGR of 38.3%.
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Block Chain In Healthcare Market Drivers
The growing adoption of blockchain as a service (BaaS) is expected to drive the growth of the blockchain in healthcare market going forward. Blockchain technology can provide innovative solutions to the challenges faced by the healthcare industry which include supply chain management, smart contracts, the confidentiality of personal health information, technical issues in data management, enabling alternative payment models, and virus outbreak tracking
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Block Chain In Healthcare Market Segments
• By Type: Permission Blockchains, Permissionless Blockchains
• By Deployment Type: On-Premise, Cloud-Based
• By Application: Supply Chain Management, Clinical Data Exchange And Interoperability, Claims Adjudication And Billing Management, Other Applications
• By End User: Healthcare Providers, Pharmaceutical Companies, Healthcare Payers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Block Chain In Healthcare market.
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Block Chain In Healthcare Market Key Players
Major players in the Block Chain In Healthcare market are IBM Corporation, Factom, Hashed Health LLC, Microsoft Corporation, iSolve, Blockpharma, MedicalChain, Guardtime Limited, Gem, Patientory, FarmaTrust, SimplyVital Health Inc., Akiri, BurstIQ, Professional Credentials Exchange Inc., Avaneer, RoboMed, and Embleema Inc.
The Business Research Company’s “Global Block Chain In Healthcare Market Report 2023” is a compreBlock Chain In Healthcaresive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market’s historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Block Chain In Healthcare Market Include:
1. Executive Summary
2. Block Chain In Healthcare Market Characteristics
3. Block Chain In Healthcare Market Trends And Strategies
4. Block Chain In Healthcare Market – Macro Economic Scenario
5. Block Chain In Healthcare Market Size And Growth
26. Africa Block Chain In Healthcare Market
27. Block Chain In Healthcare Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Block Chain In Healthcare Market
29. Block Chain In Healthcare Market Future Outlook and Potential Analysis
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