The article cited AMA's Global Blockchain technology in Healthcare Market Study explored substantial growth with CAGR of %. According the report, Technology Advancement and Innovation in Blockchain Technology in Healthcare is one of the primary growth factors for the market. Rise in Counterfeit Drugs in the Market
is also expected to contribute significantly to the Blockchain technology in Healthcare market. Overall, applications of Blockchain technology in Healthcare, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as IBM (United States), Microsoft (United States), Pokitdok Inc. (United States), Guardtime (Netherlands), Hashed Health (United States), Chronicled Inc. (United States), Patientory Inc. (United States), PokitDok (United States) and SimplyVital Health (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The End User, such as Healthcare Payers, is boosting the Blockchain technology in Healthcare market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Blockchain technology in Healthcare market identified that the demand is rising in many different parts of the world as "Personalized Healthcare
". Furthermore, some recent industry insights like "In 2018, Microsoft and Viant along with GSK formed a consortium named Viant Blockchain Programme aimed to speed the adoption of a supply chain powered by blockchain across a variety of industries, including the healthcare sector." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Awareness about Blockchain Technology in Healthcare and Its Understanding and Balancing Data-Sharing Capability with Privacy Concerns"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Blockchain technology in Healthcare market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Blockchain technology in Healthcare market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Blockchain technology in Healthcare market tight? Which application/end-user category or Product Type [Private Blockchain, Public Blockchain and Consortium Blockchain] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Blockchain technology in Healthcare market and other related sub-markets covered in the study.
o Key & emerging players in the Blockchain technology in Healthcare market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Blockchain technology in Healthcare market size is calculated using market estimation process, the Blockchain technology in Healthcare market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Blockchain technology in Healthcare market size has been validated using both top-down and bottom-up approaches.