Blockchain in Healthcare Market Worth USD 4706.69 Mn by 2023 with CAGR of 63.51%: Top Players- Humana, DokChain, MultiPlan Inc, Healthcare Blockchain Consortiums, Optum, MediLedger and Quest Diagnostics

Blockchain in Healthcare industry -Regional Outlook and Trend Analysis:

Geographically, the Blockchain in Healthcare Market is segmented into Asia Pacific, Europe, North America, South America and Rest of the world. The market has received traction for across the globe owing to several benefits along with the developing awareness regarding the importance of the technology in healthcare in developed as well as developing economies.

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Blockchain in Healthcare industry -Competitive Insights:

The leading players in the market are Humana, DokChain, MultiPlan Inc, Healthcare Blockchain Consortiums, Optum, MediLedger and Quest Diagnostics. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Blockchain in Healthcare industry -Industry Outlook and Trend Analysis:

The Blockchain in Healthcare Market was worth USD 56.34 million in 2014 and is expected to reach approximately USD 4706.69 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 63.51% during the forecast period. To promote quality care and control the increasing healthcare expenses, exchange of health information is vital. Nonetheless, the amount of data shared among physicians, hospitals, institutions, and other providers stay minimal as presently, even the world’s most progressive healthcare systems are profoundly divided. The absence of interoperability and constrained linkage between healthcare storage systems, makes it hard to retrieve, transmit, analyze and clean information, hence the vast majority of the information is contained in silos. Additionally, there are various concerns in regards to security and protection concerns relating to capacity and trade of information as medicinal services associations have been subjected to developing number of information breaches and malicious attacks.

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Blockchain in Healthcare industry -Drivers and Restraints

The improvement in giving effective health-care services administrations is widely subject to various advances in data innovation, and especially in the capacity to record and store data economically and easily, and share it safely among dissimilar applications and frameworks. Blockchain plays a vital part in defeating the glitches and difficulties related with legacy systems. A portion of the main benefits of using blockchain are the advent of a more straightforward procedure, finish disposal of third party, streamlining of operational procedures, and huge expenses. Also, blockchain paves a way for the switch to a more value-based healthcare framework from the current fee-based human healthcare systems, enhance quiet commitment and even bring about opportunities for the advent of more consumer centric product segments and income streams.

Blockchain in Healthcare industry -Market Segmentation

The Blockchain in Healthcare Market is segmented on the basis of application and end user. Based on application the market is segmented into clinical trials, electronic health records, precision medicine, drug traceability, genomics research and others. On the basis of end user the market is segmented into health care research institutes, hospitals and pharmaceuticals companies. Nonetheless, move to blockchain based arrangements will require major investments and endeavors incorporating seamless integration with the present framework, and blockchain suppliers may encounter obstruction from human services players for changing from heritage frameworks and procedures to blockchain.

The Blockchain in Healthcare Market is segmented as follows-

Blockchain in Healthcare, By Application, Estimates and Forecast, 2014-2023($Billion)

Clinical Trials

Drug Traceability

Electronic Health Records

Precision Medicine

Genomics Research


Blockchain in Healthcare, By End User, Estimates and Forecast, 2014-2023($Billion)

Health Care Research Institutes

Pharmaceuticals Companies


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1) An extensive research study on the Global Blockchain in Healthcare market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Blockchain in Healthcare market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.

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Major TOC of Blockchain in Healthcare Market:

Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Market Analysis by Regions
Chapter 5.       Blockchain in Healthcare Market, By Application

5.1.       Introduction

5.2.       Global Blockchain in Healthcare Revenue and Market Share By Application (2014-2018)

5.2.1.  Global Blockchain in Healthcare Revenue and Revenue Share By Application (2014-2018)

5.3.       Clinical Trials

5.3.1.  Global Clinical Trials Revenue and Growth Rate (2014-2018)

5.4.       Drug Traceability

5.4.1.  Global Drug Traceability Revenue and Growth Rate (2014-2018)

5.5.       Electronic Health Records

5.5.1.  Global Electronic Health Records Revenue and Growth Rate (2014-2018)

5.6.       Precision Medicine

5.6.1.  Global Precision Medicine Revenue and Growth Rate (2014-2018)

5.7.       Genomics Research

5.7.1.  Global Genomics Research Revenue and Growth Rate (2014-2018)

5.8.       Others

5.8.1.  Global Others Revenue and Growth Rate (2014-2018)

Chapter 6.       Blockchain in Healthcare Market, By End User

6.1.       Introduction

6.2.       Global Blockchain in Healthcare Revenue and Market Share By End User (2014-2018)

6.2.1.  Global Blockchain in Healthcare Revenue and Revenue Share By End User (2014-2018)

6.3.       Health Care Research Institutes

6.3.1.  Global Health Care Research Institutes Revenue and Growth Rate (2014-2018)

6.4.       Pharmaceuticals Companies

6.4.1.  Global Pharmaceuticals Companies Revenue and Growth Rate (2014-2018)

6.5.       Hospitals

6.5.1.  Global Hospitals Revenue and Growth Rate (2014-2018)

Chapter7. Blockchain in Healthcare Market, By Region
Chapter8. Company Profiles
Chapter09. Global Blockchain in Healthcare Market Competition, by Manufacturer
Chapter10. Blockchain in Healthcare Market Forecast (2018-2023)


We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

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