Blockchain Technology in Healthcare Research Report – Global Forecast till 2023

Global Blockchain Technology in Healthcare Market: Information by Application (Patient Data Management, Drug Traceability, and others), Type (Permissioned Blockchains, and others), End-User(Pharmaceutical companies and Others) — Forecast till 2023

Blockchain technology is used to collect and track information about transactions on a real-time basis. It works as a digital ledger and tracks all the activities carried out within the network. Increasing cases of data theft in healthcare, rising demand of easy to use and inexpensive data management tools, and rising adoption of blockchain technology are expected to drive the growth of the market. According to the Insurance Information Institute, in 2016  more than 16.7 million cases of identity fraud were registered in the US and it caused USD 16.8 billion loss to the victims.

The Global Blockchain Technology in Healthcare Market accounts for USD 42.06 million and expected to register healthy CAGR 71.8% during the forecast period.

The lack of significant entity and universal standards and a lack of awareness about blockchain technology may hamper the growth of the market during the assessment period.

Segmentation:

The Global Blockchain Technology in Healthcare Market has been segmented on the basis of application, type, and end-user.

On the basis of application, the market has been classified into supply chain management, patient data management, drug traceability, clinical trials & data security, claims adjudication, billing, and others.

Blockchain technology in healthcare on the basis of type has been segmented into permission blockchains and permissionless blockchains.

The market, by the end user, has been segmented into pharmaceutical companies,  healthcare service providers, healthcare consumers, and others

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The blockchain technology in the healthcare market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European blockchain technology in the healthcare market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 

The blockchain technology in the healthcare market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The blockchain technology in the healthcare market in the Middle East & Africa has been segmented into the Middle East and Africa.

Regional Market Summary:

Global Blockchain Technology in Healthcare Market Share, by Region , 2017 (%)

Blockchain Technology in Healthcare Research Report – Global Forecast till 2023 -Report image 00

The Americas are expected to dominate the global blockchain technology in healthcare market owing to the high adoption rate of advance technology, the presence of well-established healthcare management systems, and availability of large patient pool and insurance holders. According to The United States Census Bureau, more than 91.2 million Americans were covered by healthcare insurance, out of which Medicaid provided insurance coverage to the 19.4% and Medicare accounted for 16.7% and 16.2% availed insurance services by direct-purchase. To maintain the real time record of the insurance holder’s insurance companies can prefer blockchain technology in the future.

The European market is expected to be the second-largest blockchain technology in the healthcare market. The market growth in this region can be attributed to the increasing number of clinical trials with increasing research and development expenditure in the pharmaceutical industry, increasing awareness about blockchain technology in the region, and rising healthcare expenditure is expected to  drive the growth of the market. According to the European commission, in 2016 European nations invested 16.2% of its total expenditure on healthcare.

Asia-Pacific is expected to be the fastest-growing blockchain technology in healthcare market during the forecast period owing to the increasing generic pharmaceutical industry in the region, continuously increasing investment in healthcare, and adoption of technology in healthcare. For instance, in September 2017, orbiMed, a leading investment firm invested USD 550 million in Asian healthcare sector, the majority of the investment was done in India and china.

The market in the Middle East & Africa is expected to account for the smallest share of the global blockchain technology in healthcare market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

Key Players:

Some of the key players in the global blockchain technology in healthcaremarket are IBM, Microsoft , Guardtime, Pokitdok , Gem, Patientory, Hashed Health, Chronicled, Isolve, Factom, Blockpharma, Medicalchain, Simplyvital Health, Farmatrust, and others

Global Blockchain Technology in Healthcare Market, by Application:

  • Capsule Endoscopy
  • Supply Chain Management
  • Patient Data Management
  • Drug Traceability
  • Clinical Trials & Data Security
  • Claims Adjudication
  • Billing
  • Others

Global Blockchain Technology in Healthcare Market, by Type:      

  • Permissioned Blockchains
  • Permission less Blockchains

Global Blockchain Technology in Healthcare Market, by End User:

  • Pharmaceutical companies
  • Healthcare Service providers
  • Healthcare consumers
  • Others

Global Blockchain Technology in Healthcare Market, by Region:

  • Americas
    • North America
      • US
      • Canada
    • South America
  • Europe
    • Western Europe
      • Germany
      • France
      • Italy
      • Spain
      • UK
      • Rest of Western Europe
    • Eastern Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Middle East
    • Africa

Company Profiles:    

  • IBM
  • Microsoft
  • Guardtime
  • Pokitdok
  • Gem
  • Patientory
  • Hashed Health
  • Chronicled
  • Isolve
  • Factom
  • Emerging Healthcare Blockchain Companies
  • Blockpharma
  • Medicalchain
  • Simplyvital Health
  • Farmatrust

Intended Audience

  • Healthcare Blockchain Vendors
  • Healthcare Organizations
  • Software Dealers
  • Government Organizations
  • Blockchain Security Solutions Retailers
  • Healthcare Blockchain Technology User

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1. Definition

2.2. Scope Of The Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

Chapter 3. Research Methodology

3.1. Introduction

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

Chapter 4. Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunities

4.4. Challenges

4.5. Macroeconomic Indicators

4.6. Detection Technique Trends & Assessment

Chapter 5. Market Factor Analysis

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power Of Suppliers

5.1.2. Bargaining Power Of Buyers

5.1.3. Threat Of New Entrants

5.1.4. Threat Of Substitutes

5.1.5. Intensity Of Rivalry

5.2. Value Chain Analysis

5.3. Investment Feasibility Analysis

5.4. Pricing Analysis

Chapter 6. Global Blockchain Technology In Healthcare Market, By Application

6.1. Introduction

6.2. Supply Chain Management

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.3. Patient Data Management

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.4. Drug Traceability

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.5. Clinical Trials & Data Security

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.6. Claims Adjudication

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.7. Billing

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.8. Others

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

Chapter 7. Global Blockchain Technology In Healthcare Market, By Type

7.1. Introduction

7.2. Permissioned Blockchains

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

7.3. Permission Less Blockchains

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

Chapter 8. Global Blockchain Technology In Healthcare Market, By End User

8.1. Pharmaceutical Companies

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

8.2. Healthcare Service Providers

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

8.3. Healthcare Consumers

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

8.4. Others

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

Chapter 9. Global Blockchain Technology In Healthcare Market, By Region

9.1. Introduction

9.2. Americas

9.2.1. North America

9.2.1.1. US

9.2.1.2. Canada

9.2.2. South America

9.3. Europe

9.3.1. Western Europe

9.3.1.1. Germany

9.3.1.2. France

9.3.1.3. Italy

9.3.1.4. Spain

9.3.1.5. UK

9.3.1.6. Rest Of Western Europe

9.3.2. Eastern Europe

9.4. Asia-Pacific

9.4.1. Japan

9.4.2. China

9.4.3. India

9.4.4. Australia

9.4.5. South Korea

9.4.6. Rest Of Asia-Pacific

9.5. Middle East & Africa

9.5.1. Middle East

9.5.2. Africa

Chapter 10. Company Landscape

10.1. Introduction

10.2. Market Share Analysis

10.3. Key Developments & Strategies

Chapter 11. Company Profiles

11.1. IBM

11.1.1. Company Overview

11.1.2. Product Overview

11.1.3. Financials Overview

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. Microsoft

11.2.1. Company Overview

11.2.2. Product Overview

11.2.3. Financials Overview

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. Guardtime

11.3.1. Company Overview

11.3.2. Product Overview

11.3.3. Financials Overview

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. Pokitdok

11.4.1. Company Overview

11.4.2. Product Overview

11.4.3. Financials Overview

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. Gem

11.5.1. Company Overview

11.5.2. Product Overview

11.5.3. Financials Overview

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. Patientory

11.6.1. Company Overview

11.6.2. Product Overview

11.6.3. Financials Overview

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Hashed Health

11.7.1. Company Overview

11.7.2. Product Overview

11.7.3. Financials Overview

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. Chronicled

11.8.1. Company Overview

11.8.2. Product Overview

11.8.3. Financials Overview

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. ISOLVE

11.9.1. Company Overview

11.9.2. Product Overview

11.9.3. Financials Overview

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. Factom

11.10.1. Company Overview

11.10.2. Product Overview

11.10.3. Financials Overview

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

11.11. Blockpharma

11.11.1. Company Overview

11.11.2. Product Overview

11.11.3. Financials Overview

11.11.4. Key Developments

11.11.5. SWOT Analysis

11.11.6. Key Strategies

11.12. Medicalchain

11.12.1. Company Overview

11.12.2. Product Overview

11.12.3. Financials Overview

11.12.4. Key Developments

11.12.5. SWOT Analysis

11.12.6. Key Strategies

11.13. Simplyvital Health

11.13.1. Company Overview

11.13.2. Product Overview

11.13.3. Financials Overview

11.13.4. Key Developments

11.13.5. SWOT Analysis

11.13.6. Key Strategies

11.14. Farmatrust

11.14.1. Company Overview

11.14.2. Product Overview

11.14.3. Financials Overview

11.14.4. Key Developments

11.14.5. SWOT Analysis

11.14.6. Key Strategies

11.14.7. Key Strategies

Chapter 12. MRFR Conclusion

12.1. Key Findings

12.1.1. From CEO’s View Point

12.1.2. Unmet Needs Of The Market

12.2. Key Companies To Watch

12.3. Predictions For The Corporate Wellness Industry

Chapter 13. Appendix


List Of Tables

Table 1. Global Blockchain Technology In Healthcare Market Synopsis, 2018–2023

Table 2. Global Blockchain Technology In Healthcare Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3. Global Blockchain Technology In Healthcare Market, By Region, 2018–2023 (USD Million)

Table 4. Global Blockchain Technology In Healthcare Market, By Application, 2018–2023 (USD Million)

Table 5. Global Blockchain Technology In Healthcare Market, By Type,, 2018–2023 (USD Million)

Table 6. Global Blockchain Technology In Healthcare Market, By End User, 2018–2023 (USD Million)

Table 7. North America: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 8. North America: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 9. North America: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 10. US: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 11. US: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 12. US: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 13. Canada: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 14. Canada: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 15. Canada: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 16. South America: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 17. South America: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 18. South America: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 19. Europe: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 20. Europe: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 21. Europe: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 22. Western Europe: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 23. Western Europe: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 24. Western Europe: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 25. Eastern Europe: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 26. Eastern Europe: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 27. Eastern Europe: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 28. Asia-Pacific: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 29. Asia-Pacific: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 30. Asia-Pacific: Corporate Wellness Market, By End User, 2018–2023 (USD Million)

Table 31. Middle East & Africa: Corporate Wellness Market, By Application, 2018–2023 (USD Million)

Table 32. Middle East & Africa: Corporate Wellness Market, By Type, 2018–2023 (USD Million)

Table 33. Middle East & Africa: Corporate Wellness Market, By End User, 2018–2023 (USD Million)


List Of Figures

Figure 1. Research Process

Figure 2. Segmentation For Global Blockchain Technology In Healthcare Market

Figure 3. Segmentation Market Dynamics For Global Blockchain Technology In Healthcare Market

Figure 4. Global Blockchain Technology In Healthcare Market Share, By Application, 2017

Figure 5. Global Blockchain Technology In Healthcare Market Share, By Type, 2017

Figure 6. Global Blockchain Technology In Healthcare Market Share, By End User, 2017

Figure 7. Global Blockchain Technology In Healthcare Market Share, By Region, 2017

Figure 8. North America: Corporate Wellness Market Share, By Country, 2017

Figure 9. Europe: Corporate Wellness Market Share, By Country, 2017

Figure 10. Asia-Pacific: Corporate Wellness Market Share, By Country, 2017

Figure 11. Middle East & Africa: Corporate Wellness Market Share, By Country, 2017

Figure 12. Global Blockchain Technology In Healthcare Market: Company Share Analysis, 2017 (%)

Figure 13. IBM: Key Financials

Figure 14. IBM: Segmental Revenue

Figure 15. IBM: Geographical Revenue

Figure 16. Microsoft: Key Financials

Figure 17. Microsoft: Segmental Revenue

Figure 18. Microsoft: Geographical Revenue

Figure 19. Guardtime: Key Financials

Figure 20. Guardtime: Segmental Revenue

Figure 21. Guardtime: Geographical Revenue

Figure 22. Pokitdok: Key Financials

Figure 23. Pokitdok: Segmental Revenue

Figure 24. Pokitdok: Geographical Revenue

Figure 25. Gem: Key Financials

Figure 26. Gem: Segmental Revenue

Figure 27. Gem: Geographical Revenue

Figure 28. Patientory: Key Financials

Figure 29. Patientory: Segmental Revenue

Figure 30. Patientory: Geographical Revenue

Figure 31. Hashed Health: Key Financials

Figure 32. Hashed Health: Segmental Revenue

Figure 33. Hashed Health: Geographical Revenue

Figure 34. Chronicled: Key Financials

Figure 35. Chronicled: Segmental Revenue

Figure 36. Chronicled: Geographical Revenue

Figure 37. ISOLVE: Key Financials

Figure 38. ISOLVE: Segmental Revenue

Figure 39. ISOLVE: Geographical Revenue

Figure 40. Factom: Key Financials

Figure 41. Factom: Segmental Revenue

Figure 42. Factom: Geographical Revenue

Figure 43. Blockpharma: Key Financials

Figure 44. Blockpharma: Segmental Revenue

Figure 45. Blockpharma: Geographical Revenue

Figure 46. Medicalchain: Key Financials

Figure 47. Medicalchain: Segmental Revenue

Figure 48. Medicalchain: Geographical Revenue

Figure 49. Simplyvital Health: Key Financials

Figure 50. Simplyvital Health: Segmental Revenue

Figure 51. Simplyvital Health: Geographical Revenue

Figure 52. Farmatrust: Key Financials

Figure 53. Farmatrust: Segmental Revenue

Figure 54. Farmatrust: Geographical Revenue


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