1. Market Research
  2. > Healthcare Market Trends
Global Blockchain Technology in Healthcare Market

Global Blockchain Technology in Healthcare Market

  • December 2019
  • 129 pages
  • ID: 5835683
  • Format: PDF
  • BCC Research


Table of Contents

Report Scope:
The global market for blockchain in healthcare has significant scope and offers a comprehensive description and evaluation of the global market for blockchain in healthcare.It provides in-depth qualitative and quantitative insights of the report which align with the goals and objectives of our intended customers.

The market has been segmented on the basis of deployment mode, application and end user.Geographically, the global market for blockchain in healthcare has been divided into North America, Europe, Asia-Pacific (APAC) and the Rest of the World (RoW).

A country specific breakdown of the market for blockchain in healthcare is also included in this report.The report covers the global blockchain in healthcare irrespective of the included countries.

Countries were included mainly on the basis of total revenue generated. Major countries included in the report are the U.S., Canada, Germany, the U.K., Spain, Italy, France, China, Japan, South Korea and India. Sales data for the global and regional markets were corroborated for the present and forecasted values based on statistical analysis.

Estimated values used are based on market players total revenues, and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation. Annual reports and forward-looking statements of market players, annual sales of market players, funding/grants from government and private ventures, and average costs of software and services are considered to estimate the market size. A large number of players in the market for blockchain in healthcare and potential startups are profiled in the report for a better understanding of the market.

This report on the market for blockchain in healthcare provides a market overview, assesses application markets, provides an end user analysis, and evaluates the market for blockchain in healthcare by mode of deployment, application, end user and geography.The major companies profiled in the report include a detailed introduction, product portfolios and recent developments.

The report also includes regulatory aspects, current and developing technologies, market projections and market share.

Report Includes:
- 36 data tables and 11 additional tables
- A brief general outlook of the global market for blockchain technology in healthcare industry
- Description of blockchain technology applications in clinical trials, drug traceability, electronic health records (EHR), precision medicine and others including genomics research
- Assessment of the market dynamics and key technological developments in blockchain technologies, as well as identification of market trends, opportunities, and challenges such as stringent rules and regulations and security and privacy concerns affecting the market
- Identification of companies that are considered as leaders in their field, as well as technological means these companies are using to exploit their markets and dominate the market in their fields
- Examination of the competitive landscape and profile description of key stakeholders. Major players include BurstIQ LLC, Doc.ai Inc., Intellectsoft LLC, Medtronic PLC, and Quest Diagnostics Inc.

The global market for blockchain in healthcare is estimated to reach REDACTED in 2024 at a significant CAGR of REDACTED during the forecast period (2019-2024). The blockchain technology in healthcare domain is still in its nascent stage.However, it is expected to gain momentum in the near future owing to increasing funding and growing online frauds and data breaches. Blockchain can be defined as an intricate system that is used to package data in a way that can only be modified by certain users. In its purest form, blockchain will offer healthcare a safe and secure system to share data more e fficiently. Growing incidents of hacking, unauthorized access to health records, theft, unauthorized disclosure of information and data breaches in the healthcare domain will create a significant demand for blockchain technology in the near future. At present, the healthcare system is losing nearly REDACTED each year due to poor data integration, as per Medtronic PLC. In the healthcare industry, blockchain can optimize real data through vast connectivity, providing a new way of sharing, analyzing and verifying the information. This should lead to more R&D and more coordinated care for hospital systems. For patients and providers, it should mean having information when needed.

Blockchain technology offers several opportunities to secure network infrastructure,to reduce complexity and to build secure and immutable information.Blockchain is gaining traction as a tool to assist the healthcare industry in overcoming various challenges such as high healthcare spending, security concerns and higher costs for insurers, healthcare providers, and patients.

Blockchain technology in healthcare has been gaining momentum owing to the shift towards patient-centric approaches, and an increasing focus on proper storage and management of critical patient information. Approximately 90% of healthcare centers do not share health-related information due to difficulty in
transmission, retrieval and analysis of data.Healthcare providers, organizations, institutes and agencies are reluctant to share information due to the concerns over data security and privacy. As a result, the adoption of blockchain technology is expected to grow significantly in the healthcare sector.

Other factors leading to the growth of the global market for blockchain in healthcare include the growing demand for decentralization of medical records and the integration of technological advancements in the healthcare sector.The application of blockchain technology will also lead to a decrease in the growing threat of counterfeit drugs and an improvement in the rate of commercialization of breakthrough drugs, which will positively influence the growth of the market.

Owing to these factors, governments in developed and emerging economies have started investing in blockchain technology. For example, in August 2019, the Chinese city Hangzhou received funding in the amount of REDACTED to invest in blockchain startups.Dedicated healthcare companies and the Chinese government contributed more than REDACTED of the funding. Additionally, the rising integration of artificial intelligence (AI) in healthcare is another factor that will positively influence the global market for blockchain in healthcare.

However, market growth will be curtailed due to factors such as a lack of awareness about this technology, a shortage of skilled workforce, and a lack of technical infrastructure in emerging economies.Additionally, security and privacy concerns associated with blockchain coupled with the ban on cryptocurrency in several economies are factors that will affect the growth of the global market for blockchain in healthcare.

An initial coin offering (ICO) is a new way of raising funds for companies; however, it is not regulated similarly to venture capitalism and other funding resources. In September 2017, China and six other state administrations banned domestic ICOs and cited them as illegal means of fundraising as cryptocurrencies, as Bitcoins and Ethereum are not considered legal tender.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Alternative Proteins Market - Analysis By Product, Application, By Region, By Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)

  • $ 2400
  • December 2020
  • 200 pages

Executive Summary Global Alternative Proteins Market valued at USD 14.95 billion in the year 2019 has been backed by rising number of buyers demanding plant-based meat product either for clinical reasons ...

  • World
  • Healthcare
  • Diabetes
  • Industry analysis
  • Gross Domestic Product
  • Diabetes Prevalence


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on