NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET FORECAST 2019-2027

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NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET FORECAST 2019-2027

Reports and studies found that the majority of market share was captured by North America in the global blockchain in the healthcare market by geography. This region is contributing to xx % of market share in 2018 and is projected to gain xx % of the global market share by 2027. It is also expected to be the fastest growing region with a CAGR of 48.15%.

NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET FORECAST 2019-2027

North America Blockchain in Healthcare Market by Organization Size (Large Enterprises, Small & Medium-sized Enterprises (Sme’s) by Blockchain Type (Public, Private, Hybrid) by Application (Healthcare Data Exchange, Pharmaceuticals Supply Chain, Health Insurance, Drug Discovery, Identity & Authentication, Other Application) & by Geography.

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Reports and studies found that the majority of market share was captured by North America in the global blockchain in the healthcare market by geography. This region is contributing to xx % of market share in 2018 and is projected to gain xx % of the global market share by 2027. It is also expected to be the fastest growing region with a CAGR of 48.15%.

Blockchain technology is an inherently secure means of storing and sharing data through a growing list of records called blocks, which are interconnected through cryptographic codes. The data structure of shared ledgers makes augmenting, removing or altering data nearly impossible once it has been validated and stored in a block. The application of blockchain technology in the healthcare sector is found to be very beneficial for both the industries. This can be reasoned to the blockchain based solutions which are expected to securely aggregate and share patient data for clinical research, beginning with an exchange of oncology-related information, and eventually for optimizing healthcare functions. And further heavy integration of blockchain technology can be profitable for the establishments developing and investing in it. Despite this solid advantage, there still exist some market restraints which is expected to stall its growth. For instance, there are regulatory security-related concerns while implementing such technology, which is handled by many individuals called ‘miners’ to inspect and validate the transaction in a rapid manner.

The majority of market share is captured by large enterprise segment in the blockchain in healthcare market through partnerships, blockchain projects, etc. in this region. Some of them are Change Healthcare, Chronicled, Inc., Factom, Inc., FarmaTrust, Hashed Health, Healthereum, LLC, International Business Machines Corporation, iSolve, Microsoft Corporation, Medicalchain SA, Patientory, Inc., PokitDok, Inc., Proof.Work, SimplyVital Health Inc. and SkyCell AG.

 

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • SURGE IN THE INVESTMENTS IN BLOCKCHAIN TECHNOLOGY
      • MARKET IS OBSERVING A HIGH NUMBER OF STARTUPS
      • IDENTITY AND AUTHENTICATION IS THE FASTEST GROWING SEGMENT BY APPLICATION
      • BLOCKCHAIN CAN SOLVE PATIENT MATCHING PROBLEMS
      • BLOCKCHAIN CAN REDUCE THE COST OF HEALTHCARE
  1. MARKET DYNAMICS
    • DEVELOPMENT OF BLOCKCHAIN MARKET
    • PARENT MARKET ANALYSIS: BLOCKCHAIN MARKET
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • COST SAVINGS
      • PROTECTION FROM CYBER-ATTACKS AND TRANSPARENCY
      • CONSORTIUMS AND BLOCKCHAIN WORKING GROUPS
      • GOVERNMENT PARTNERSHIPS
    • MARKET RESTRAINTS
      • LACK OF SKILLED PROFESSIONALS
      • COMMON STANDARDS NOT THERE
      • TRADEOFF BETWEEN COST AND SECURITY
    • MARKET OPPORTUNITIES
      • IDENTITY AND AUTHENTICATION SEGMENT PROVIDES OPPORTUNITY FOR THE MARKET PLAYERS
      • SMART CONTRACTS
    • MARKET CHALLENGES
      • AWARENESS AMONG THE PUBLIC IS LESS
      • LACK OF STORAGE CAPABILITY
  1. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM-SIZED ENTERPRISES (SME’S)
  2. MARKET BY BLOCKCHAIN TYPE
    • PUBLIC
    • PRIVATE
    • HYBRID
  3. MARKET BY APPLICATION
    • HEALTHCARE DATA EXCHANGE
    • PHARMACEUTICALS SUPPLY CHAIN
    • HEALTH INSURANCE
    • DRUG DISCOVERY
    • IDENTITY & AUTHENTICATION
    • OTHER APPLICATION
  4. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • KEY BUYING CRITERIA
      • SECURITY
      • COST
      • TRADE-OFFS
      • REGULATORY APPROVAL
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • CHANGE HEALTHCARE
    • CHRONICLED, INC.
    • FACTOM INC.
    • FARMATRUST
    • HASHED HEALTH
    • HEALTHEREUM, LLC
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
    • ISOLVE
    • MICROSOFT CORPORATION
    • MEDICALCHAIN SA
    • PATIENTORY, INC.
    • POKITDOK, INC.
    • WORK
    • SIMPLYVITAL HEALTH INC.
    • SKYCELL AG

LIST OF TABLES

TABLE 1:      NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2:      PROMISING INVESTMENTS MADE IN BLOCKCHAIN TECHNOLOGY IN RECENT YEARS

TABLE 3:      NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY ORGANIZATION SIZE, 2019-2027, (IN $ MILLION)

TABLE 4:      NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY BLOCKCHAIN TYPE, 2019-2027, (IN $ MILLION)

TABLE 5:      NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

TABLE 6:      OPPORTUNITY MATRIX

TABLE 7:      VENDOR LANDSCAPE

TABLE 8:      NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY BLOCKCHAIN TYPE, 2018 & 2027 (IN %)

FIGURE 2:    HEALTHCARE ECOSYSTEM.

FIGURE 3:    HEALTHCARE BLOCKCHAIN: SMART CONTRACTS

FIGURE 4:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)

FIGURE 5:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY SMALL & MEDIUM-SIZED ENTERPRISES, 2019-2027 (IN $ MILLION)

FIGURE 6:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY PUBLIC, 2019-2027 (IN $ MILLION)

FIGURE 7:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY PRIVATE, 2019-2027 (IN $ MILLION)

FIGURE 8:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY HYBRID, 2019-2027 (IN $ MILLION)

FIGURE 9:    NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY HEALTHCARE DATA EXCHANGE, 2019-2027 (IN $ MILLION)

FIGURE 10:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY PHARMACEUTICALS SUPPLY CHAIN, 2019-2027 (IN $ MILLION)

FIGURE 11:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY HEALTH INSURANCE, 2019-2027 (IN $ MILLION)

FIGURE 12:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY DRUG DISCOVERY, 2019-2027 (IN $ MILLION)

FIGURE 13:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY IDENTITY & AUTHENTICATION, 2019-2027 (IN $ MILLION)

FIGURE 14:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, BY OTHER APPLICATION, 2019-2027 (IN $ MILLION)

FIGURE 15:  PORTER’S FIVE FORCE ANALYSIS

FIGURE 16:  KEY BUYING IMPACT ANALYSIS

FIGURE 17:  VALUE CHAIN ANALYSIS

FIGURE 18:  NORTH AMERICA BLOCKCHAIN IN HEALTHCARE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 19:  UNITED STATES BLOCKCHAIN IN HEALTHCARE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20:  CANADA BLOCKCHAIN IN HEALTHCARE MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY ORGANIZATION SIZE
    • LARGE ENTERPRISES
    • SMALL & MEDIUM-SIZED ENTERPRISES (SME’S)
  2. MARKET BY BLOCKCHAIN TYPE
    • PUBLIC
    • PRIVATE
    • HYBRID
  3. MARKET BY APPLICATION
    • HEALTHCARE DATA EXCHANGE
    • PHARMACEUTICALS SUPPLY CHAIN
    • HEALTH INSURANCE
    • DRUG DISCOVERY
    • IDENTITY & AUTHENTICATION
    • OTHER APPLICATION

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