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Global Blockchain in Healthcare Market 2019-2028

  • ID: 5121542
  • Report
  • July 2020
  • Region: Global
  • 158 pages
  • Triton Market Research

FEATURED COMPANIES

  • Change Healthcare
  • Factom
  • Healthereum LLC
  • Medicalchain Sa
  • Patientory
  • Proof.Works
MARKET OUTLOOK

The publisher predicts that the global market for blockchain in healthcare would witness a CAGR of 51.70% over the forecast period 2019-2028.

The security provided by blockchain and the cost savings achieved due to it helps in the adoption of this technology. This is a major driving force behind the blockchain in healthcare market growth. The development of blockchain consortiums, as well as government partnerships, are adding further growth to the market.

Moreover, the identity and authentication segment offers opportunities for growth to the market players. Further, the demand for smart contracts will help the market reached its desired growth.

The scarcity of skilled professionals and the lack of common standards, along with the trade-off between cost and security, are some restraining factors to market growth. Also, the low public awareness and the need for more storage capacity create hurdles in the growth of the studied market.

REGIONAL OUTLOOK

The market for blockchain in healthcare encompasses the regions of North America, Latin America, Europe, the Asia-Pacific, and the Middle East and Africa.

The Asia-Pacific is set to be the fastest-growing region in the market during the forecast period. It has the highest population, and the healthcare data that will be generated in this market will be humongous. Controlling this data is a huge task. Blockchain will be the next disruptive technology. North America is set to be the largest market for blockchain in healthcare over the forecast period. It is a technologically advanced region with an upgraded IT infrastructure in place. Also, the healthcare industry is on the rise, with the increasing amount of data in the system. Recording, updating, and securing such data is a complicated task. Many of the problems faced by the industry can be solved by blockchain technology.

COMPETITIVE OUTLOOK

The top companies that have been studied in this market include Healthereum LLC, Blockchain AI Solutions Ltd (Trading as FarmaTrust), Microsoft, Change Healthcare, Hashed Health, PokitDok Inc, iSolve Technologies, Medicalchain SA, SkyCell AG, Proof.Works, Patientory, Factom, Chronicled, and International Business Machines Corporation.

iSolve Technologies provides blockchain solutions to the healthcare and bio-pharma industries. It aims to provide innovative solutions to these industries for advancing the drug development and patient care initiatives. iSolve currently offers two distinct solutions, Advanced Digital Ledger Technology (ADLT) and Smart Marketplace. ADLT provides transparent, secure supply chain solutions for the global bio-pharma industry. It ensures prompt communication to trusted partners, improved inventory management, medication recalls, processes, and global compliance, thereby preventing counterfeiting of medications.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Change Healthcare
  • Factom
  • Healthereum LLC
  • Medicalchain Sa
  • Patientory
  • Proof.Works
1. Global Blockchain in Healthcare Market - Summary

2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Blockchain Adoption to Fight Covid-19 Pandemic Crisis
2.2.2. Blockchain Solving Patient Matching Problems
2.2.3. Cost-Efficiency Achieved by Blockchain
2.2.4. Reduction of Medical Error Using Blockchain Technology
2.2.5. Identity and Authentication is Fastest-Growing Segment by Application
2.3. Evolution & Transition of Blockchain Technology
2.4. Porter's Five Force Analysis
2.4.1. Threat of New Entrants
2.4.2. Threat of Substitute
2.4.3. Bargaining Power of Suppliers
2.4.4. Bargaining Power of Buyers
2.4.5. Threat of Competitive Rivalry
2.5. Key Impact Analysis
2.5.1. Security
2.5.2. Cost
2.5.3. Trade-Offs
2.5.4. Regulatory Approval
2.6. Market Attractiveness Index
2.7. Vendor Scorecard
2.8. Top 5 Startups
2.8.1. Blockpharma
2.8.2. Iryo
2.8.3. Encrypgen
2.8.4. Dentacoin
2.9. Industry Components
2.10. Market Drivers
2.10.1. Cost Savings & Security Achieved by Blockchain Helps in Its Adoption
2.10.2. Development of Consortiums
2.10.3. Government Partnerships
2.11. Market Restraints
2.11.1. Dearth of Skilled Professionals
2.11.2. Lack of Common Standards
2.11.3. Trade-Off Between Cost and Security
2.12. Market Opportunities
2.12.1. Identity and Authentication Segment Provides Opportunity to Market Players
2.12.2. Demand for Smart Contracts
2.13. Market Challenges
2.13.1. Low Awareness Among the Public
2.13.2. Need for More Storage Capability

3. Global Blockchain in Healthcare Market Outlook – by Application
3.1. Healthcare Data Exchange
3.2. Pharmaceuticals Supply Chain
3.3. Health Insurance
3.4. Drug Discovery
3.5. Identity & Authentication
3.6. Other Application

4. Global Blockchain in Healthcare Market Outlook - by Organisation Size
4.1. Large Enterprises
4.2. Small- & Medium-Sized Enterprises

5. Global Blockchain in Healthcare Market Outlook - by Blockchain Type
5.1. Public
5.2. Private
5.3. Hybrid

6. Global Blockchain in Healthcare Market – Regional Outlook
6.1. North America
6.1.1. Market by Application
6.1.2. Market by Organisation Size
6.1.3. Market by Blockchain Type
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Application
6.2.2. Market by Organisation Size
6.2.3. Market by Blockchain Type
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Application
6.3.2. Market by Organisation Size
6.3.3. Market by Blockchain Type
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Application
6.4.2. Market by Organisation Size
6.4.3. Market by Blockchain Type
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Application
6.5.2. Market by Organisation Size
6.5.3. Market by Blockchain Type
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Turkey
6.5.4.3. Saudi Arabia
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Change Healthcare
7.2. Chronicled
7.3. Factom
7.4. Blockchain AI Solutions Ltd (Trading as Farmatrust)
7.5. Hashed Health
7.6. Healthereum LLC
7.7. International Business Machines Corporation
7.8. Isolve Technologies
7.9. Microsoft
7.10. Medicalchain Sa
7.11. Patientory
7.12. Pokitdok Inc
7.13. Proof.Works
7.14. Skycell AG

8. Methodology & Scope
8.1. Research Scope
8.2. Sources of Data
8.3. Research Methodology

List of Tables
Table 1: Global Blockchain in Healthcare Market, by Geography, 2019-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Global Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 5: Global Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 6: Global Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)
Table 7: Global Blockchain in Healthcare Market, by Geography, 2019-2028 (In $ Million)
Table 8: North America Blockchain in Healthcare Market, by Country, 2019-2028 (In $ Million)
Table 9: North America Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 10: North America Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 11: North America Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)
Table 12: Europe Blockchain in Healthcare Market, by Country, 2019-2028 (In $ Million)
Table 13: Europe Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 14: Europe Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 15: Europe Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)
Table 16: Asia-Pacific Blockchain in Healthcare Market, by Country, 2019-2028 (In $ Million)
Table 17: Asia-Pacific Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 18: Asia-Pacific Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 19: Asia-Pacific Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)
Table 20: Latin America Blockchain in Healthcare Market, by Country, 2019-2028 (In $ Million)
Table 21: Latin America Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 22: Latin America Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 23: Latin America Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)
Table 24: Middle East and Africa Blockchain in Healthcare Market, by Country, 2019-2028 (In $ Million)
Table 25: Middle East and Africa Blockchain in Healthcare Market, by Application, 2019-2028 (In $ Million)
Table 26: Middle East and Africa Blockchain in Healthcare Market, by Organisation Size, 2019-2028 (In $ Million)
Table 27: Middle East and Africa Blockchain in Healthcare Market, by Blockchain Type, 2019-2028 (In $ Million)

List of Figures
Figure 1: Foundation Elements of Blockchain
Figure 2: Porter's Five Force Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Industry Components
Figure 5: Healthcare Ecosystem.
Figure 6: Healthcare Blockchain: Smart Contracts
Figure 7: Global Blockchain in Healthcare Market, by Healthcare Data Exchange, 2019-2028 (In $ Million)
Figure 8: Global Blockchain in Healthcare Market, by Pharmaceuticals Supply Chain, 2019-2028 (In $ Million)
Figure 9: Global Blockchain in Healthcare Market, by Health Insurance, 2019-2028 (In $ Million)
Figure 10: Global Blockchain in Healthcare Market, by Drug Discovery, 2019-2028 (In $ Million)
Figure 11: Global Blockchain in Healthcare Market, by Identity & Authentication, 2019-2028 (In $ Million)
Figure 12: Global Blockchain in Healthcare Market, by Other Application, 2019-2028 (In $ Million)
Figure 13: Global Blockchain in Healthcare Market, by Large Enterprises, 2019-2028 (In $ Million)
Figure 14: Global Blockchain in Healthcare Market, by Small- & Medium-Sized Enterprises, 2019-2028 (In $ Million)
Figure 15: Global Blockchain in Healthcare Market, by Public, 2019-2028 (In $ Million)
Figure 16: Global Blockchain in Healthcare Market, by Private, 2019-2028 (In $ Million)
Figure 17: Global Blockchain in Healthcare Market, by Hybrid, 2019-2028 (In $ Million)
Figure 18: Global Blockchain in Healthcare Market, Regional Outlook, 2019 & 2028 (In %)
Figure 19: United States Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 20: Canada Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 21: United Kingdom Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 22: Germany Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 23: France Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 24: Spain Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 25: Italy Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 26: Russia Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 27: Rest of Europe Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 28: China Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 29: Japan Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 30: India Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 31: South Korea Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 32: Asean Countries Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 33: Australia & New Zealand Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 34: Rest of Asia-Pacific Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 35: Brazil Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 36: Mexico Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 37: Rest of Latin America Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 38: United Arab Emirates Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 39: Turkey Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 40: Saudi Arabia Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 41: South Africa Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Figure 42: Rest of Middle East & Africa Blockchain in Healthcare Market, 2019-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • Change Healthcare
  • Chronicled
  • Factom
  • Blockchain Ai Solutions Ltd (Trading as Farmatrust)
  • Hashed Health
  • Healthereum LLC
  • International Business Machines Corporation
  • Isolve Technologies
  • Microsoft
  • Medicalchain Sa
  • Patientory
  • Pokitdok Inc
  • Proof.Works
  • Skycell AG
Note: Product cover images may vary from those shown

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