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The Blockchain Technology in Healthcare Market was valued at USD 7.13 billion in 2023 and is expected to reach USD 595.31 billion by 2032 and grow at a CAGR of 63.5% over the forecast period 2024-2032.
The growing need for secure and transparent data management systems is driving healthcare organizations to embrace blockchain technology. Blockchain’s decentralized and immutable ledger ensures data integrity, minimizes breach risks, and is ideal for managing sensitive patient information. This demand is increasing as healthcare systems aim for efficient processes in billing, claims processing, and supply chain management. Blockchain boosts operational efficiency by providing a secure solution to these administrative challenges, guaranteeing privacy and security amid rising concerns over healthcare data breaches.
Blockchain technology offers a decentralized and secure platform for managing Electronic Health Records (EHRs), facilitating secure data sharing across healthcare providers. This enhances collaboration, improves data transparency, and reduces fraud risk. In supply chain management, particularly for pharmaceuticals and medical devices, blockchain is transforming the sector. By offering transparency throughout the supply chain, blockchain combats the increasing issue of counterfeit drugs. The World Health Organization (WHO) estimates that around 10% of global medicines are counterfeit, with developing countries at higher risk. Blockchain’s ability to track and audit pharmaceuticals mitigates these risks and enhances system security.
The rise in healthcare data breaches further accelerates blockchain adoption. Traditional centralized systems are increasingly vulnerable to cyberattacks, compromising sensitive patient data. For example, India experienced 1.9 million cyberattacks in 2022, primarily targeting outdated healthcare systems. Blockchain’s robust cryptographic security and decentralized nature provide a solution to these vulnerabilities, safeguarding sensitive information from cyber threats.
Blockchain technology for healthcare is advancing rapidly. Innovations such as smart contracts, decentralized data storage, and enhanced security protocols address critical challenges like data interoperability, patient privacy, and fraud prevention. In March 2023, Solve. Care launched Care. Chain, a Layer-2 decentralized blockchain infrastructure, facilitates peer-to-peer interactions across the global healthcare ecosystem with enhanced transparency, trust, and security. Mergers and acquisitions (M&A) are also on the rise as large healthcare and tech companies acquire innovative blockchain startups. In July 2023, Solve. Care partnered with Decentralized Healthcare Records Access (DeHRA) to simplify clinical trials and improve accuracy through blockchain technology.
Regulatory frameworks such as the Health Insurance Portability and Accountability Act (HIPAA) in the U.S. and Europe’s General Data Protection Regulation (GDPR) significantly influence blockchain technology adoption. While these regulations present challenges, they also create opportunities for compliant blockchain solutions. North America and Europe lead the market, driven by advanced healthcare infrastructure and favorable regulatory environments that foster innovation and investment in blockchain technology.
Blockchain Technology in Healthcare Market Dynamics
Market Drivers
Blockchain Enhances Healthcare Operations
Blockchain technology addresses the critical need for data security in healthcare. With the rise in data breaches and cyberattacks, ensuring patient data remains secure and tamper-proof is a top priority. Blockchain’s decentralized ledger provides strong encryption, enhancing privacy while meeting regulatory requirements like HIPAA and GDPR. Additionally, blockchain improves the authenticity and integrity of pharmaceuticals and medical devices by offering real-time, end-to-end supply chain visibility. This transparency helps mitigate fraud, reduces counterfeit risks, and strengthens regulatory compliance, especially in the biopharmaceutical and medical device sectors.
Cost Reduction and Operational Efficiency
Reducing healthcare costs and enhancing operational efficiency are key drivers for blockchain adoption. Blockchain eliminates intermediaries, automates administrative tasks, and improves data accuracy, resulting in significant cost savings associated with manual record-keeping, billing errors, and fraud. It also streamlines processes such as claims management, patient data exchange, and clinical trial management, generating substantial savings for healthcare providers and payers.
The Growing Role of Blockchain in Telemedicine and Clinical Trials
The rapid growth of telemedicine and digital health platforms has increased the demand for secure data-sharing solutions. Blockchain ensures the secure exchange of patient health information across digital platforms, facilitating data interoperability, privacy, and trust among healthcare providers and patients. Blockchain’s role in clinical trials is expanding, offering enhanced data integrity, transparency, and patient consent management. Initiatives like the Mayo Clinic’s integration of blockchain for multicenter trials demonstrate the technology’s growing impact on pharmaceutical research and clinical trial management.
Market Restraints:
Reluctance to Disclose Data
A major restraint in blockchain adoption in healthcare is the reluctance to disclose data, especially in emerging markets. This hesitation arises from a lack of robust regulations governing medical data exchange. Healthcare providers and payers often view data retention as a competitive advantage, fearing that sharing information could lead to reduced reimbursement rates and compromise their competitive edge. This reluctance to share accurate data, combined with competitive dynamics, presents a challenge for implementing transparent technologies like blockchain.
By Network Type
The public segment led the market in 2023 with a 43.1% share. Public blockchain networks are valued for their transparency, security, and immutability, which are crucial in healthcare applications like patient records and supply chain management. These networks enable participants to access and verify data, fostering trust and reducing risks associated with centralized data storage. Public blockchains’ transparency and accountability drive their broad adoption and market dominance.
Conversely, the private segment is projected to grow at the fastest CAGR of 64.6% during the forecast period. Private blockchains operate within a closed network, offering similar benefits to public blockchains but on a smaller scale. They are particularly suited for healthcare’s stringent privacy and compliance requirements, such as HIPAA and GDPR. This controlled environment is expected to fuel the growth of the private blockchain segment.
By Application
The supply chain management segment dominated the market in 2023, holding a 35.6% share, and is expected to grow at the highest CAGR during the forecast period. Blockchain technology offers comprehensive visibility across the supply chain, enabling real-time verification of medical product origin, manufacturing processes, and distribution routes. This transparency helps prevent fraud, minimize counterfeit risks, and improve regulatory compliance. Additionally, blockchain enhances inventory management and logistics by reducing inefficiencies and costs associated with manual record-keeping.
The Clinical Trials & eConsent segment is also projected to experience substantial growth. Blockchain improves pharmaceutical research by managing clinical trial databases more effectively and reducing reliance on outdated data management systems. This approach enhances oversight by regulatory bodies and research institutions, increasing the credibility of clinical studies. For instance, in September 2022, the Mayo Clinic adopted a blockchain-powered platform developed by Triall for a multicenter pulmonary arterial hypertension trial, ensuring data integrity and transparency.
By End-Use
In 2023, the biopharmaceutical and medical device companies segment held the largest market share of 44.5%. Blockchain addresses complex supply chain challenges by providing secure tracking of drugs and medical devices, ensuring data privacy, and enhancing quality control and counterfeit detection. Blockchain's features, such as encryption and decentralized storage, support data privacy and authorized access, driving market growth in these sectors.
The payer segment is expected to grow at the fastest CAGR. Payers, including insurance companies and government agencies, are adopting blockchain to streamline operations, improve transparency, and reduce fraud. Blockchain’s decentralized ledger ensures accurate and verifiable transaction records, helping eliminate discrepancies in billing and claims processing.
In 2023, North America held a significant share of the global blockchain technology in the healthcare market. The region’s regulatory landscape, which mandates stringent compliance and patient data protection, drives blockchain adoption. Major initiatives aim to reduce healthcare costs and improve data security, making blockchain technology increasingly relevant in the U.S. healthcare sector. Europe also emerged as a key region, capturing 34.8% of the global market share in 2023. Countries like France, Germany, and the UK are leading in blockchain adoption, focusing on data security and operational efficiency. Germany, in particular, accounted for the largest share of the European healthcare blockchain market, driven by advanced healthcare technologies and government investments. Notable initiatives include Camelot Consulting Group’s Hypertrust X-Chain platform for managing sensitive medical data. The Asia Pacific region is poised for the fastest growth in blockchain technology for healthcare. Governments in the region are increasingly supporting blockchain adoption through policy reforms and partnerships. Japan led the Asia Pacific market in 2023, with significant blockchain initiatives such as Susmed Inc.’s pilot project integrating blockchain with mobile health apps and Takeda Pharmaceuticals’ initiative for secure patient registries and rare disease passports.
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Change Healthcare (acquired by UnitedHealth Group's Optum)
Guardtime
IBM
Medicalchain SA
PATIENTORY INC.
iSolve, LLC
Solve. Care
Oracle
BurstIQ
Blockpharma
Chronicled
Gem
Hashed Health
Microsoft
Factom
PokitDok
SimplyVital Health
FarmaTrust
Proof.Work and others.
Recent Developments
In October 2023, Solve. Care collaborated with Binance to integrate cryptocurrency within the healthcare sector, expanding cryptocurrency use as a payment method for healthcare services.
In August 2023, Solve. Care introduced the Care. Trials Network, powered by blockchain and Zero-knowledge (ZK) technology, offers innovative solutions for conducting clinical trials.
| Report Attributes | Details |
| Market Size in 2023 | US$ 7.13 Billion |
| Market Size by 2032 | US$ 595.31 Billion |
| CAGR | CAGR of 63.5% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Network Type (Private, Public, Others) • By Application (Clinical Data Exchange & Interoperability, Claims Adjudication & Billing, Supply Chain Management, Clinical Trials & eConsent, Others) • By End-user (Providers, Payers, Biopharmaceutical & Medical Device Companies, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Change Healthcare (acquired by UnitedHealth Group's Optum), Guardtime, IBM, Medicalchain SA, PATIENTORY INC., iSolve, LLC, Solve. Care, Oracle, BurstIQ, Blockpharma, Chronicled, Gem, Hashed Health, Microsoft, Factom, PokitDok, SimplyVital Health, FarmaTrust, Proof.Work and others. |
| Key Drivers | • Blockchain Enhances Healthcare Operations • Cost Reduction and Operational Efficiency • The Growing Role of Blockchain in Telemedicine and Clinical Trials |
| Restraints | •Reluctance to Disclose Data |
Ans: The Blockchain Technology in Healthcare Market size was valued at US$ 7.13 Billion in 2023.
Ans: The Blockchain Technology in Healthcare Market is growing at a CAGR of 63.5% over the forecast period 2024-2032.
Drivers, Restraints, Opportunities, and Challenges are the factors of marketing dynamics Blockchain Technology in Healthcare market.
Private, and Public are the sub segments of by network type of Blockchain Technology in Healthcare market.
The five key aspects of Blockchain in healthcare are: managing electronic health information, managing point-of-care genomics, managing health record data, and monitoring electronic medical record data.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates, 2023
5.2 User Demographics, By User Type and Roles, 2023
5.3 Feature Analysis, by Feature Type
5.4 Cost Analysis, by Software
5.5 Integration Capabilities
5.6 Regulatory Compliance, by Region
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Blockchain Technology in Healthcare Market Segmentation, by Network Type
7.1 Chapter Overview
7.2 Private
7.2.1 Private Market Trends Analysis (2020-2032)
7.2.2 Private Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Public
7.3.1 Public Market Trends Analysis (2020-2032)
7.3.2 Public Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Others
7.4.1 Others Market Trends Analysis (2020-2032)
7.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Blockchain Technology in Healthcare Market Segmentation, by Application
8.1 Chapter Overview
8.2 Clinical Data Exchange & Interoperability
8.2.1 Clinical Data Exchange & Interoperability Market Trends Analysis (2020-2032)
8.2.2 Clinical Data Exchange & Interoperability Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Claims Adjudication & Billing
8.3.1 Claims Adjudication & Billing Market Trends Analysis (2020-2032)
8.3.2 Claims Adjudication & Billing Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Supply Chain Management
8.4.1 Supply Chain Management Market Trends Analysis (2020-2032)
8.4.2 Supply Chain Management Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Clinical Trials & eConsent
8.5.1 Clinical Trials & eConsent Market Trends Analysis (2020-2032)
8.5.2 Clinical Trials & eConsent Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. Blockchain Technology in Healthcare Market Segmentation, by End-Use
9.1 Chapter Overview
9.2 Providers
9.2.1 Providers Market Trends Analysis (2020-2032)
9.2.2 Providers Market Size Estimates and Forecasts to 2032 (USD Million)
9.3 Payers
9.3.1 Payers Market Trends Analysis (2020-2032)
9.3.2 Payers Market Size Estimates and Forecasts to 2032 (USD Million)
9.4 Biopharmaceutical & Medical Device Companies
9.4.1 Biopharmaceutical & Medical Device Companies Market Trends Analysis (2020-2032)
9.4.2 Biopharmaceutical & Medical Device Companies Market Size Estimates and Forecasts to 2032 (USD Million)
9.5 Others
9.5.1 Others Market Trends Analysis (2020-2032)
9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.2.3 North America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.2.4 North America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.5 North America Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.2.6 USA
10.2.6.1 USA Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.2.6.2 USA Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.6.3 USA Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.2.7 Canada
10.2.7.1 Canada Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.2.7.2 Canada Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.7.3 Canada Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.2.8 Mexico
10.2.8.1 Mexico Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.2.8.2 Mexico Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.8.3 Mexico Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.1.3 Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.4 Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.5 Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.1.6 Poland
10.3.1.6.1 Poland Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.6.2 Poland Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.6.3 Poland Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.1.7 Romania
10.3.1.7.1 Romania Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.7.2 Romania Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.7.3 Romania Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.8.2 Hungary Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.8.3 Hungary Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.1.9 turkey
10.3.1.9.1 Turkey Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.9.2 Turkey Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.9.3 Turkey Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.1.10.2 Rest of Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.10.3 Rest of Eastern Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.2.3 Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.4 Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.5 Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.6 Germany
10.3.2.6.1 Germany Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.6.2 Germany Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.6.3 Germany Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.7 France
10.3.2.7.1 France Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.7.2 France Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.7.3 France Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.8 UK
10.3.2.8.1 UK Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.8.2 UK Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.8.3 UK Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.9 Italy
10.3.2.9.1 Italy Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.9.2 Italy Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.9.3 Italy Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.10 Spain
10.3.2.10.1 Spain Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.10.2 Spain Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.10.3 Spain Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.11.2 Netherlands Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.11.3 Netherlands Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.12.2 Switzerland Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.12.3 Switzerland Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.13 Austria
10.3.2.13.1 Austria Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.13.2 Austria Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.13.3 Austria Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.3.2.14.2 Rest of Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.14.3 Rest of Western Europe Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.4.3 Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.4 Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.5 Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.6 China
10.4.6.1 China Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.6.2 China Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.6.3 China Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.7 India
10.4.7.1 India Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.7.2 India Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.7.3 India Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.8 Japan
10.4.8.1 Japan Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.8.2 Japan Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.8.3 Japan Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.9 South Korea
10.4.9.1 South Korea Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.9.2 South Korea Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.9.3 South Korea Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.10 Vietnam
10.4.10.1 Vietnam Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.10.2 Vietnam Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.10.3 Vietnam Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.11 Singapore
10.4.11.1 Singapore Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.11.2 Singapore Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.11.3 Singapore Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.12 Australia
10.4.12.1 Australia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.12.2 Australia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.12.3 Australia Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.4.13.2 Rest of Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.13.3 Rest of Asia Pacific Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.1.3 Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.4 Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.5 Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.1.6 UAE
10.5.1.6.1 UAE Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.6.2 UAE Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.6.3 UAE Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.7.2 Egypt Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.7.3 Egypt Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.8.2 Saudi Arabia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.8.3 Saudi Arabia Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.9.2 Qatar Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.9.3 Qatar Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.1.10.2 Rest of Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.10.3 Rest of Middle East Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.2.3 Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.2.4 Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.5 Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.2.6.2 South Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.6.3 South Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.2.7.2 Nigeria Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.7.3 Nigeria Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.5.2.8.2 Rest of Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.8.3 Rest of Africa Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.6.3 Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.6.4 Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.5 Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.6.6 Brazil
10.6.6.1 Brazil Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.6.6.2 Brazil Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.6.3 Brazil Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.6.7 Argentina
10.6.7.1 Argentina Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.6.7.2 Argentina Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.7.3 Argentina Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.6.8 Colombia
10.6.8.1 Colombia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.6.8.2 Colombia Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.8.3 Colombia Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Network Type (2020-2032) (USD Million)
10.6.9.2 Rest of Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.9.3 Rest of Latin America Blockchain Technology in Healthcare Market Estimates and Forecasts, by End-Use (2020-2032) (USD Million)
11. Company Profiles
11.1 Change Healthcare (acquired by UnitedHealth Group's Optum)
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Guardtime
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 IBM
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Medicalchain SA
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 PATIENTORY INC.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 iSolve, LLC
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Solve. Care
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Oracle
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 BurstIQ
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Blockpharma
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Network Type
Private
Public
Others
By Application
Clinical Data Exchange & Interoperability
Claims Adjudication & Billing
Supply Chain Management
Clinical Trials & eConsent
Others
By End-Use
Providers
Payers
Biopharmaceutical & Medical Device Companies
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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