The Latin America, Middle East and Africa Blockchain Technology in Healthcare Market is expected to witness market growth of 48.6 % CAGR during the forecast period (2022-2028).
A node is a computer or other gadget that keeps a copy of the blockchain on hand or grants access to it. Every participant in the blockchain network has access to every record in a blockchain. Blockchain works best for recording transactions that leave only a small digital trace and when transparency as well as immutability are beneficial. In other words, it works best in scenarios where there is less trust between network users and where data blocks are relatively modest in size.
Blockchain technology may be especially helpful in situations involving patient, supply chain management, supplier identity verification, and managing dynamic patient permission to data usage. Positive outcomes in the health sector depend on the precise and verified identification of individuals (such as patients and providers) and also groups such as hospitals, pharmacies, academics, and other research institutes. Secure identification is made possible by a blockchain, which can enhance integrity and transparency while preventing differential versioning of IDs.
To increase efficiency and enhance patient health and safety, the United Arab Emirates is expanding in Health IT products & services including electronic medical records (EMR), smart health, telemedicine, and applications. Over the past few years, health care has evolved significantly in the United Arab Emirates (UAE). Innovation and change are necessary, as is investment in a solid e-Health infrastructure with a single transportable electronic patient record, to make sure they can continue to satisfy the requirements of the public.
The Brazil market dominated the LAMEA Blockchain Technology in Healthcare Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $110.1 million by 2028. The Argentina market is experiencing a CAGR of 49.3% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 48.1% during (2022 - 2028).
Based on End User, the market is segmented into Pharmaceutical & Medical Device Companies, Healthcare Payers, and Healthcare Providers. Based on Type, the market is segmented into Public and Private. Based on Application, the market is segmented into Supply Chain Management, Data Exchange & Interoperability, Claims Adjudication & Billing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Avaneer Health, Inc., BurstIQ, LLC, Chronicled, Embleema, Equideum Health (ConsenSys Mesh), Farmatrust, GuardTime, and Hashed Health.
A node is a computer or other gadget that keeps a copy of the blockchain on hand or grants access to it. Every participant in the blockchain network has access to every record in a blockchain. Blockchain works best for recording transactions that leave only a small digital trace and when transparency as well as immutability are beneficial. In other words, it works best in scenarios where there is less trust between network users and where data blocks are relatively modest in size.
Blockchain technology may be especially helpful in situations involving patient, supply chain management, supplier identity verification, and managing dynamic patient permission to data usage. Positive outcomes in the health sector depend on the precise and verified identification of individuals (such as patients and providers) and also groups such as hospitals, pharmacies, academics, and other research institutes. Secure identification is made possible by a blockchain, which can enhance integrity and transparency while preventing differential versioning of IDs.
To increase efficiency and enhance patient health and safety, the United Arab Emirates is expanding in Health IT products & services including electronic medical records (EMR), smart health, telemedicine, and applications. Over the past few years, health care has evolved significantly in the United Arab Emirates (UAE). Innovation and change are necessary, as is investment in a solid e-Health infrastructure with a single transportable electronic patient record, to make sure they can continue to satisfy the requirements of the public.
The Brazil market dominated the LAMEA Blockchain Technology in Healthcare Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $110.1 million by 2028. The Argentina market is experiencing a CAGR of 49.3% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 48.1% during (2022 - 2028).
Based on End User, the market is segmented into Pharmaceutical & Medical Device Companies, Healthcare Payers, and Healthcare Providers. Based on Type, the market is segmented into Public and Private. Based on Application, the market is segmented into Supply Chain Management, Data Exchange & Interoperability, Claims Adjudication & Billing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Avaneer Health, Inc., BurstIQ, LLC, Chronicled, Embleema, Equideum Health (ConsenSys Mesh), Farmatrust, GuardTime, and Hashed Health.
Scope of the Study
Market Segments Covered in the Report:
By End User- Pharmaceutical & Medical Device Companies
- Healthcare Payers
- Healthcare Providers
- Public
- Private
- Supply Chain Management
- Data Exchange & Interoperability
- Claims Adjudication & Billing
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Avaneer Health, Inc.
- BurstIQ, LLC
- Chronicled
- Embleema
- Equideum Health (ConsenSys Mesh)
- Farmatrust
- GuardTime
- Hashed Health
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Blockchain Technology in Healthcare Market by End User
Chapter 5. LAMEA Blockchain Technology in Healthcare Market by Type
Chapter 6. LAMEA Blockchain Technology in Healthcare Market by Application
Chapter 7. LAMEA Blockchain Technology in Healthcare Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- IBM Corporation
- Oracle Corporation
- Avaneer Health, Inc.
- BurstIQ, LLC
- Chronicled
- Embleema
- Equideum Health (ConsenSys Mesh)
- Farmatrust
- GuardTime
- Hashed Health
Methodology
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