Monday, October 8, 2018

Blockchain in Healthcare Market is Expected to Reach USD 4706.69 million by the End of 2023

Crystal Market Research details out informative data related to Blockchain in Healthcare Market which anticipated to garner major market share. This Research Report provides the newest realistic data useful for future worldwide business trend.

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Market Trend Outlook
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.

Competitive Analysis
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. 

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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.

Regional Insights
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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Table of Contents
11. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities

4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. south America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

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