Press release
North America Healthcare Sector Blockchain Market by Application, by Deployment Mode, by Provider, by End-User, and Major Countries, Market Size and Growth, Market Outlook and Forecast by Revenue (2017-2027): Ken Research
A blockchain is a digital ledger or database of transactions record that links together encrypted data blocks to produce a single source of truth that is sequential. It is a shared, fixed ledger that keeps track of assets and helps document transactions simpler. An asset could be physical or abstract. Almost everything of value may be tracked and exchanged on a blockchain network.
Blockchain in the healthcare sector is used to store and exchange the data of patients with hospitals, pharmacy firms, laboratories, and physicians. It further helps in improving data security & accuracy, cost reduction, increasing transparency, and tracing of medical products. For instance, tracking a medicine as it travels from the producer to the patient is made simple by blockchain technology. This enhances a medicine's traceability as it passes through the supply chain and reduces the likelihood of drug fraud.
North America Healthcare Sector Blockchain Market Outlook, Drivers, and Challenges
The North America Healthcare Sector Blockchain Market is expected to witness strong growth of around 15-20% CAGR over the next five years, owing to the Drug Supply Chain Security Act (DSCSA) which states the need to build an electronic system for tracing drugs that are distributed in the US. Thus, the Act is likely to protect consumers from exposure to drugs that may be fake, stolen, contaminated, or otherwise harmful.
Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzEzMDM=
The pandemic of COVID-19 has substantially accelerated the deployment of blockchain in healthcare sector. The need to enhance patient participation, exchanging health information, data security, data sharing, interoperability, the battle against counterfeit pharmaceuticals, reducing the cost expenses and accessibility of a larger database are a few drivers because of which end users are adopting blockchain technology in the healthcare sector.
The challenge which the healthcare sector blockchain industry is facing is the implementation of privacy, operational inefficiencies, and a lack of uniform architectures and standards to ensure trusted access to Protected Health Information (PHI) and Personally Identifiable Information (PII), and safe data exchange. Another challenge is the analysis of encrypted data and laws that forbid the use of interoperable data by the healthcare sector.
North America Healthcare Sector Blockchain Market Value Chain Analysis
The healthcare sector blockchain market chain involves a raw data collector which collects data points such as patient data and vaccination records. This data is then managed and refined by database providers. The refined data is sent to healthcare blockchain solution companies and is processed in a clinical data repository where the data is further cleaned, structured, and encrypted to create solutions that are finally delivered to the specific end user segments within healthcare sector.
North America Healthcare Sector Blockchain Market Segmentation
The North America Healthcare Sector Blockchain Market based on Application can be categorized as Supply Chain Management, Billing Management, and Patient-Centric Health Data. Based on Deployment Type the market is categorized into Public, Private, and Consortium. By Provider, the market consists of Infrastructure & Protocol Providers, Middleware Providers and Application & Solution Providers. Based on End-User the market is categorized as Hospitals, Clinics, Diagnostic Laboratories, and Pharmaceutical Companies. Geographically, the major country markets in North America Healthcare Sector Blockchain are US, Canada, and Mexico.
North America Healthcare Sector Blockchain Market Competitive Landscape of Major Competitors
Some key competitors in the North America Healthcare Sector Blockchain Market are Microsoft, Oracle, International Business Machines (IBM), Intel, Amazon Web Services, Inc., Patientory, Inc., Solve.Care and Applied Blockchain Ltd.
Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzEzMDM=
Impact of COVID-19 on North America Healthcare Sector Blockchain Market
The pandemic of COVID-19 resulted in the growth of the overall healthcare sector blockchain in the market. Some of the blockchain related applications in the healthcare sector during the times of COVID-19 were pandemic control and surveillance, immunity or vaccine passport monitoring, and contact tracing. Blockchain in the healthcare industry also found its applications in the management of electronic medical records, the internet of things (e.g., remote monitoring or mobile health), and supply chain monitoring.
Key Segments Covered in North America Healthcare Sector Blockchain Market
North America Healthcare Sector Blockchain Market by Application
Supply Chain Management
Claims and Billing Management
Patient-Centric Health Data
North America Healthcare Sector Blockchain Market by Deployment Type
Public
Private
Consortium
North America Healthcare Sector Blockchain Market by Provider
Infrastructure and Protocol Providers
Middleware Providers
Application and Solution Providers
North America Healthcare Sector Blockchain Market by End-User
Hospitals
Clinics
Diagnostic Laboratories
Pharmaceutical Companies
Medical Device Companies
Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzEzMDM=
North America Healthcare Sector Blockchain Market by Geography and Major Countries
US
Canada
Mexico
Key Competitors in North America Healthcare Sector Blockchain Market
Microsoft
Oracle
International Business Machines (IBM)
Intel
Amazon Web Services, Inc.
Applied Blockchain Ltd.
Patientory, Inc.
Solve.Care
Time Period Captured in the Report:-
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Key Target Audience:-
Healthcare Blockchain Solution Providers
Blockchain Technology Solution Providers
Blockchain Infrastructure Providers
Software Solutions Providers
Software Service Providers
Potential Investors for Blockchain in Healthcare Sector
Healthcare Database Providers
Patients Database Providers
Pharmaceutical Companies
Ministries of Healthcare
Healthcare Insurance Companies
Clinical Trials Companies
Healthcare Research Organizations
Banks and Financial Service Providers
For any queries or feedback, reach out to the author at Support@kenresearch.com
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
We currently cater to 300+ sectors with 150,000+ research repository across 196+ countries serving 1000+ clients and have partnered with almost 25+ content aggregators.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America Healthcare Sector Blockchain Market by Application, by Deployment Mode, by Provider, by End-User, and Major Countries, Market Size and Growth, Market Outlook and Forecast by Revenue (2017-2027): Ken Research here
News-ID: 2683025 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for Health
Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report…
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification.
This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
This report focuses on the top players in global market,…
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and…
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025
This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and…
Digital Therapeutics Market 2018 Global Key Player Analysis - Omada Health, Twin …
New Intelligence Report on “Digital Therapeutics Market to 2025” is recently published by The Insight Partners. The report aims to provide leading industry players with information such as company profiles, products and services offered, financial information of last 3 yesars, key development in past five years
North America is estimated to contribute to the largest share in the digital therapeutics market in the coming years, owing to factors such as, improved…
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc.
The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing…
