Microsoft Is Investing Healthcare AI

Share for Blockchain in Healthcare

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10 October 2022, Washington (GLOBE NEWSWIRE) For the projected period of 2022–2028, the most current research study provides a thorough overview of the blockchain market for healthcare, which is helpful for companies of any size or revenue bracket. 

This survey research offers crucial industry perspectives and market insights regarding COVID-19 (Omicron) in the approaching years. (Omicron) The Blockchain in Healthcare market research provides statistics and information on the evolution of the investment structure, technological breakthroughs, market trends and developments, capabilities, and comprehensive information on the top rivals active in this market. The study also lists the global market tactics that have been used, taking into account the current state and projected future of the industry.

The global blockchain market for healthcare was estimated to be worth USD 287.9 million in 2021 and is anticipated to reach USD 1,189.8 million by 2028, growing at a CAGR of 61.3% from 2022 to 2028.

Concise presentations and high-level overviews of the Blockchain in Healthcare Market, including topics like the competitive landscape, market trends, key market players, product type, application, and geography, are included at the outset of the study. Additionally, it covers the impact COVID-19 (Omicron) has had on market rivals, end-user industries, growth prospects, and current trends in the global Blockchain in Healthcare market. 

It also provides historical information, a review of the current industry environment, and market projections for the Blockchain in Healthcare market. By offering details on product price, demand, gross margin, and supply, this report gives readers a thorough understanding of the market worth of the blockchain in healthcare market.

Among our free sample reports are:

• A thorough industry analysis, an overview, a COVID-19 pandemic outbreak, and an introduction.

• Analysis of the Effects of Over 160 Pages (Including latest research)

• On request, provide chapter-by-chapter assistance. 2021 Updated Regional Analysis, including Updated Tables and Figures, with Graphical Representation of Trends, Size, and Market Share.

• The study has been updated to include the sales volume, corporate strategy, and revenue analysis of the key industry participants using Vantage Market Research's methodology.

List of Important Players in the Healthcare Blockchain Market:

• Corporation of IBM

• Gem Patientory Inc., 

• Microsoft Corporation, 

• Guardtime Federal and Hashed Health

The market sectors for blockchain technology in healthcare are as follows:

Application (Exchange of Clinical Data, Billing and Claims Management, Supply Chain Management, and Judgment) (Clinical Data Exchange, Billing Management or Claims And Supply Chain Management, Adjudication).

Industry Dynamics

Incidents of healthcare data breaches are on the rise

It has been noted that the frequency of data breaches in the healthcare sector has dramatically grown. Healthcare data breaches frequently reveal extremely sensitive information, including Medicaid ID numbers, health insurance information, and patient medical histories, as well as personally identifiable information such social security names, numbers, and addresses. 

The digitalization of the healthcare system and related businesses is a current government priority in many nations since it improves patient engagement and makes better forecasts possible. The US and UK governments have also made considerable investments to guarantee that all medical records are being converted to digital format. These elements are raising the market's desire for blockchain technology.

Growing Block Chain Adoption to Drive Market Growth

Public blockchain systems are becoming more popular because they have several benefits, including more transparency and a decentralised structure. The blockchain system is utilised to effectively manage healthcare data. Ethereum and digital ledger technology are two widely used blockchain platforms in the healthcare industry. 

With its high level of security and transparency, digital ledger technology does away with the necessity for a third party manager. The cost-effectiveness of implementing public blockchain technology in the healthcare industry is another important element anticipated to boost market expansion. In light of this, factors like strong security standards and anonymity are anticipated to support market expansion.

Benefits of Buying Blockchain Market Reports for Healthcare:

• Customer satisfaction: We assist you with all of your research needs and optimise your reports thanks to the expertise of our team.

• Analyst Support: If you have any questions before or after buying the study, speak with a qualified analyst.

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Evaluation of COVID-19's effects

• The Americas

• Europe

• Pacific Asia

• South America

• Europe, Asia, and Africa

Forecast of Asia Pacific quarterly market revenues for 2020 and 2021

Key Business Initiatives to Address COVID-19's Long-Term and Short-Term Dynamics

According to the report on the blockchain in healthcare market,

• evaluation of the market

• High-End Insights

• COVID Impact Analysis of the Competitive Landscape

• Historical Information, Forecasts, and Company Profiles

• The Regional and Global Dynamics

Geographic Analysis:

Europe dominates the global market for healthcare blockchain technology

In 2021, Europe had the biggest market share. This is a result of recent developments in block chain technology as well as a number of government programmes that support the use of cutting-edge platforms in the healthcare industry. Businesses based in North America are primarily concentrating on the development-blockchain technology solutions to secure the security of healthcare data as well as full & accurate information about patients' health and healthcare activity.

Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/blockchain-in-healthcare-market-1223

Examine the market data tables and figures spread across 163 pages in this in-depth TOC to learn more about "Blockchain in Healthcare Market by Application (Clinical Data Exchange, Billing Management and Adjudication of Claims or Supply Chain Management) by Region (North America, Latin America, Europe, and Asia Pacific) - Global Industry Assessment from 2016 to 2021 & Forecast (2022 - 2028).

Developments recently

February 2022: Using the same technology that powers Bitcoin and other cryptocurrencies, blockchain technology has the potential to completely transform the healthcare industry. The Cleveland Clinic, Aetna, and Anthem recently announced a new blockchain-based healthcare venture. This is the most recent evidence of the potential influence blockchain technology may have on the healthcare industry as a whole.

In order to provide COVID-19 digital credentials, IBM Digital Health Pass will integrate with Healthcare IT Leaders' Healthy Returns Practice in December 2021. The IBM Digital Health Pass was created to give businesses the ability to check the COVID-19 test results or immunisation status of workers, clients, 

and visitors coming onto their property, such as a sports arena, aeroplane, college, government building, or place of business. The IBM Digital Health Pass is a secure, voluntary alternative to paper test results or vaccination cards that relies on a combination of encryption, QR codes, and blockchain technology. It gives people another option, if necessary, to share that they have tested negative or received a COVID-19 vaccination.

This blockchain in the healthcare market provides important answers to:

• How does blockchain apply to healthcare?

• How huge is the market for blockchain in healthcare?

• What purpose does blockchain serve in healthcare products?

• Who are the leading companies in the market for blockchain in healthcare?

• What is the market potential for blockchain technology in healthcare?

• What are the main trends in the market study on blockchain technology in healthcare?

• What is the main business plan for the market for blockchain technology in healthcare?

• What year does the Blockchain in Healthcare market study use as its base year?

• How will the healthcare blockchain market change over the next six years?

• What are the dangers of making investments in the market for blockchain technology in healthcare?

• Which regional market for blockchain technology in healthcare will expand the fastest?

• What are the market's primary growth prospects for blockchain technology in healthcare?

• What are the main business plans of the market's major participants in blockchain-based healthcare?

Adjustment of the Report:

The report can be altered to suit the demands and specifications of the client. You can reach us at sales@vantagemarketresearch.com or (202) 380-9727 with any questions. Our sales representatives will be pleased to learn about your demands and give you the best reports.

The "Blockchain in Healthcare Market" market will provide unique information on regional analysis, forecast, and quantitative data, including units, key market trends, and other information as shown below:

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