Blockchain in Healthcare Market Record 48.1% CAGR

Predict by Acumen Research and Consulting, the global blockchain in healthcare market size is expected to reach over 1.7 USD billion by 2026 and is anticipated to garner growth at CAGR 48.1% during the forecast period, 2019-2026.

Blockchain technology has revolutionize the pharmaceutical sector including drug discovery and development, and distribution process. The introduction of the drug, minimizing the clinical trial time has helped in launching new and advanced medicines in the market.

The blockchain is essentially a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. The blockchain contains a certain and verifiable record of every single transaction ever made. During last few years there is an significant increase in the blockchain technology market. The global blockchain market is majorly driven by increasing adoption of the blockchain technology and increasing need for the fast transaction. Additionally, increasing healthcare spending and incorporation of IT in healthcare in the sector have fueled the market growth. The global blockchain technology in healthcare is expected to grow at CAGR 48.1% during the forecast period.

Some of the key players in the global Blockchain in healthcare market include IBM Corporation, Accenture, Microsoft, Capgemini, Deloitte Touche Tohmatsu Limited, Blockchain Tech Ltd, Digital Asset Holdings, Global Arena Holding, Inc., Ethereum, BitFuryUsa Inc., Chain, Inc., Coinbase Inc., Abra, Inc.

For instance, in December 2017, Acana Capital Corp., has completed its acquisition of Blockchain Technology Group Inc.

Get Free Sample Pages of Report@ https://www.acumenresearchandconsulting.com/request-sample/1496

The blockchain in healthcare market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of blockchain in healthcare market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted blockchain in healthcare forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major blockchain in healthcare companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of blockchain in healthcare upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of blockchain in healthcare and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes blockchain in healthcare product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the blockchain in healthcare industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the blockchain in healthcare industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the blockchain in healthcare industry chain.

Competitive Analysis:

Global blockchain in healthcare market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of blockchain in healthcare market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of blockchain in healthcare are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Competitive Landscape and Market Share Analysis

Blockchain in 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, regional presence, 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 in healthcare market.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new blockchain in healthcare. These factors have benefited the growth of the global market for blockchain in healthcare. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global blockchain in healthcare industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for blockchain in healthcare. The global blockchain in healthcare market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Segmentation

By Type

  • Private
  • Public
  • Others

By Application

  • Payments & Transactions
  • Electronic Health Records
  • Smart Contracts
  • Precision Medicine
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

“Report Is Ready (All Numbers and Data), Buy Full Research Study@ https://www.acumenresearchandconsulting.com/buy-now/0/1496

Research Methodology

Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Competitive Intelligence

Competitive intelligence studies involve gathering and evaluating information related to different competitors/stakeholders operating in a business environment. It includes assessing and analyzing product portfolios, number of employees, geographic reach, unique selling points, strategies, price differentiation, historic and forecast market revenue assessment, business models, business revenue mix, and SWOT of various players.

Market Size Estimation

 Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast.

Bottom-up Approach

Market data information collection and analysis, through primary and secondary sources

Primary Sources

  • Demand-side Experts
  • Supply-side Experts

Secondary Sources

  • Annual Reports
  • Presentations
  • Press releases
  • Journals
  • Paid Databases
  • Research Repository

Top-down Approach

Market size is validated through primary and secondary sources

Primary Sources

  • Demand-side Experts
  • Supply-side Experts

Secondary Sources

  • Annual Reports
  • Presentations
  • Press releases
  • Journals
  • Paid Databases
  • Research Repository

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

Market Coverage:

Qualitative Insights

  • Current Business Trends
  • Market Growth Opportunities
  • Industry Pitfalls and Challenges
  • Innovation Trends
  • Sustainability Issues
  • Regulations and policy changes
  • Porter’s Analysis
  • PESTEL Analysis
  • Competitive Landscape and Product Benchmarking

Quantitative Insights

  • Industry Segmentation on the basis of key products, applications, technologies for all major regional markets
  • Market Size and Forecast by Application
  • Market Size and Forecast by Products
  • Market Size and Forecast by Technology/Sources
  • Market Size and Forecast by Region
  • Company Market Share Analysis

“Report Is Ready (All Numbers and Data), Buy Full Research Study@ https://www.acumenresearchandconsulting.com/buy-now/0/1496

Dr.James Robinson

Dr.James Robinson, MD, MS is an Associate Professor of Epidemiology and Medicine DescriptionThe Icahn School of Medicine at Mount Sinai is a private graduate medical school in Manhattan, New York City, where he serves as a founding co-Director of the Center for Drug Safety and Effectiveness. He is a practising general internist and pharmacoepidemiologist and is internationally recognised for his research examining prescription drug utilisation. Dr.James Robinson is the author of over a hundred scientific articles and book chapters, is a frequent speaker on health care issues and has served on numerous editorial and advisory boards. Email Id: jamesrobinson@timestechpharma.com

Leave a Reply

Your email address will not be published. Required fields are marked *