Global Blockchain in Healthcare Market 2022 - Industry Briefing

Global Blockchain in Healthcare Market 2022 - Industry Briefing

Blockchain has a wide range of applications and uses in healthcare. It is used in the healthcare system to preserve and exchange patient data through hospitals, diagnostic laboratories, pharmacy firms, and physicians. Blockchain applications can accurately identify severe mistakes and even dangerous ones in the medical field. According to market research study published by Gen Consulting Company, the market size of the global blockchain in healthcare sector is expected to rise by USD 2,444 million with a CAGR of 33.7% by the end of 2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the deployment, application, end user, and region. The global market data on blockchain in healthcare can be segmented by deployment: private, public. The private segment held the largest revenue share in 2021. Blockchain in healthcare market is further segmented by application: claim and billing, clinical trials, drug traceability, patient data management, others. Among these, the patient data management segment was accounted for the highest revenue generator in 2021. Based on end user, the blockchain in healthcare market is segmented into: hospitals, insurance providers, pharmaceutical enterprises, others. The hospitals segment captured the largest share of the market in 2021. On the basis of region, the blockchain in healthcare market also can be divided into: Asia Pacific, Europe, North America, MEA (Middle East and Africa), Latin America. According to the research, North America had the largest share in the global blockchain in healthcare market.

The global blockchain in healthcare market is highly competitive. The leading players in the traction motor market include Change Healthcare Inc., HealthVerity Inc., IBM Corp., Microsoft Corp., Nebula Genomics Inc., Oracle Corp., SAP SE.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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