The global blockchain technology in the healthcare market is expected to reach $5.798 million by 2027 and is projected to grow at an annual rate of 6.5%, reaching $5.788 million in 20 years. According to a new report by Transparency Market Research (TMR), the global blockchain in the healthcare market is expected to reach $4.72 billion in 2017, with year-on-year growth (Y-o-y) rising 7.8% to $3.71 billion and $2.74 billion in 2020, respectively.
Blockchain in the healthcare market is expected to reach a CAGR of XX% to US-XX Mn between 2027 and 2019. According to the report, blockchain technology in the healthcare market would grow at an annual growth rate of 6.5% in 20 years, with annual growth (Y -o -y) of 7.8%.
Moreover, Canada’s blockchain technology will drive the growth of the healthcare industry in the coming years. Blockchain’s growth in the healthcare market would be triggered by the use of blockchain in healthcare, as well as the development of smart contracts and other blockchain technologies. This should contribute to the growing use of technology in healthcare and health services around the world.
North America will dominate the blockchain in the healthcare market, owing to the increasing improvement in pharmaceutical supply chains and the increase in fraudulent invoicing. The growth of this market is being driven by the development of smart contracts and other blockchain technologies in the healthcare sector. North America dominates the blockchain, driven by the increasing improvement in the pharmaceutical supply chain and the increase in fraudulent invoicing, which will drive market growth. South America and Asia-Pacific will also dominate the healthcare blockchain in terms of growth as growth in the pharmaceutical supply chain improve and fraudulent balance sheets increase.
The list of key players covered in the Health Blockchain Report is chronological and provides valuable insights into the global market, including key players such as Blockchain Technology Inc., Chronicle Health, Ethereum, and others. Some of them are: Blockchain Technologies Inc. (Ethereum), Ethereum Technologies Ltd., and Blockchain Ventures. Most of the big companies in this area of blockchain technology are chroniclers, but some are more focused on developing smart contracts and other blockchain technologies for the health sector.
Some of the leading players in the healthcare market are: Blockchain Technology Inc., Chronicle Health, Ethereum and others, which are among the key players in global blockchain technology in the healthcare market. Another prominent player in this market is Chronicle Health Inc., a major provider of smart contracts and other blockchain technologies to the healthcare sector. Some prominent players like Gem are key players in the blockchain in the healthcare market Are Ethereum Technologies Ltd. (Ethereum), Blockchain Ventures Ltd., Blockchain Technologies Inc., and others.
Blockchain in the healthcare market is segmented into pharmaceutical companies, healthcare providers and other end-users based on end-users. The segment of pharmaceutical companies is categorized into pharmaceuticals, medical devices, diagnostics, healthcare providers and others. Based on the end-user, the blockchain in the healthcare market is divided into hospitals, clinics, nursing homes, hospitals, and medical technology companies.
Blockchain in the healthcare market is divided into pharmaceutical companies, healthcare providers and other end-users based on end-users. Otherwise, blockchain technology in healthcare is divided into segments: blockchain technologies, medical devices, diagnostics, healthcare providers, and others. Based on the end-user, it is divided into hospitals, clinics, nursing homes, hospitals and medical technology companies.
Based on this, blockchain technology in the healthcare market is divided into permitted blockchains and approvals – less blockchain. The healthcare blockchain technology market is divided into permitted blockchain and permissions – smaller blockchain based on the type. It is divided by type into Blockchain approval, unlicensed blockchain, and other types of blockchain technology. Blockchain technology for healthcare has been divided into the following segments: Allow blockchain or allow less blockchain and others. Healthcare blockchains: Blockchain technology for the healthcare sector is divided into blockchain for hospitals, medical devices, diagnostics, healthcare providers, etc.
The healthcare blockchain technology market is segmented on the basis of end-user. Based on end-users, the blockchain for the healthcare market is divided into hospitals, medical devices, diagnostics, healthcare providers, etc.
The global blockchain for the healthcare market is segmented application-specific, and blockchain technology in the healthcare market is segmented as application-specific.
The Supply Chain Management segment will hold the largest share of global blockchain technology in the healthcare market by 2020. The global healthcare blockchain is divided into sub-segments that can provide classified data on the latest trends in the market.
Blockchain in the healthcare market is valued at $44.52 million in 2018 and is expected to reach $4083.48 million by 2020, representing a CAGR of 75.9% between 2019 and 2026. In terms of revenue, global blockchain technology in the healthcare market is estimated at $633.99 million in 2016 and $2,464.50 million by 2018, while it is expected to grow by 16.34%. Blockchain’s valuation in the healthcare market is $93.7 million in 2019, and blockchain valuations in 2027 are expected to reach $5.72 billion by 2027.