Blockchain for Healthcare Market Competitive Strategies Analysis by 2029
Data Bridge Market Research analyses that the blockchain for healthcare market is expected to grow at a CAGR of 72.0% during the forecast period. In the past few years, the blockchain for the healthcare market’s growth was slowing down due to regulatory and behavioral barriers for the adoption of telehealth. However, the importance of remote diagnosis, care, and consultation was emphasized again after the COVID-19 as many healthcare providers are currently experimenting with video conferencing and phone calls, this segment's growth will skyrocket in the next few years. Moreover, the market is expected to grow with the same pace post COVID owing to the growing importance of such technology.
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Market Analysis and Insights
Blockchain in healthcare has a number of advantages, including network infrastructure security at all levels, a standardized pattern of authorization to access electronic health records, and identity verification. Moreover, the increasing threat of counterfeit drugs, increasing adoption of blockchain as a service (BaaS), and transparency and immutability of the distributed ledger technology are also expected to fuel market growth. The blockchain for the healthcare is basically a decentralized system that records, stores, and maintains transactional or historical records across a peer-to-peer network of personal computers known as nodes. In other words, it's a public, immutable digital ledger that works similarly to a database. As a powerful and disruptive technology that can cause a seismic shift in any industry, blockchain is required.
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Blockchain for Healthcare Market Scope
Furthermore, the emergence of blockchain as a valid solution in the healthcare industry players extend profitable opportunities to the market players in the forecast period of 2023 to 2029. Moreover, the various investments by government bodies across the globe in blockchain to research will further expand the blockchain for healthcare market's growth rate in the future. The blockchain for healthcare market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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Blockchain for Healthcare Market Country Level Analysis
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The countries covered in the blockchain for healthcare market report are
• U.S., Canada and Mexico in North America,
• Germany, France, U.K.,
• Netherlands, Switzerland, Belgium,
• Russia, Italy, Spain, Turkey,
• Rest of Europe in Europe,
• China, Japan, India,
• South Korea, Singapore, Malaysia,
• Australia, Thailand, Indonesia, Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia, U.A.E, South Africa,
• Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil,
• Argentina and Rest of South America as part of South America.
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Major TOC of the Blockchain for Healthcare Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Blockchain for Healthcare Market Share Analysis
The blockchain for healthcare market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to blockchain for healthcare market.
Some of the major players operating in the blockchain for healthcare market are
• IBM, Microsoft,
• Guardtime., Gem,
• Hashed Health,
• Chronicled, iSolve, LLC,
• Patientory Inc.,
• accumulatenetwork,
• factomprotocol.,
• Medicalchain SA.,
• Proof.Works, Blockchain AI Solutions Ltd,
• Change Healthcare, and Doc.ai, Inc, among others.
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