Blockchain Technology in Healthcare Market Size, Share & Trends Analysis Report By Type, By Application (Clinical Data Exchange & Interoperability, Claims Adjudication & Billing), By End Use, And Segment Forecasts, 2019 - 2026

Published: May, 2019 | Pages: 125 | Publisher: Grand View Research
Industry: ICT | Report Format: Electronic (PDF)

The global blockchain technology in healthcare market size is expected to reach USD 11.5 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 63.9% during the forecast period. Increasing need to prevent drug counterfeit coupled with demand for efficient clinical data management is anticipated to drive the growth. Furthermore, technological advancements and untapped opportunities in the healthcare sector are some of the major factor leading to the adoption of the technology.

Blockchain technology has grown at a rapid pace in the past few years. The technology has been utilized by the big corporations for profit maximization and cost cutting. Many leading healthcare and life science companies including Pfizer Inc.; Amerisource Bergen Corporation; McKesson Corporation; and Premier Inc. have all recently joined blockchain-powered project MediLedger to tackle the inadequacies of supply chain. Reduction or elimination in frauds and errors, reduction in delays from paperwork, identification of issues rapidly, minimization of courier costs, improvement in inventory management, and increase in consumer and partner trust are some of the purported benefits of blockchain technology facilitating supply chain management.

Furthermore, the pharmaceutical industry is only one part of the overall healthcare ecosystem which is vigorously exploring the use cases of the blockchain and many of the ideas already have the proof-of-concept implementations. The technology holds ability to effectively improve the patient care while maintaining the funds at reasonable rate. The hindrances and challenges that arise in multiple level authentication can also be eliminated through the adoption of blockchain. Furthermore, with the growing adoption, the technology has made its way to healthcare sector. Even at its beginning and infancy stage, the technology is being accepted by the people and company in the healthcare ecosystem.

Clinical data exchange and interoperability segment of the blockchain technology in healthcare market is expected to expand at the considerable CAGR during the forecast period. Clinical data exchange and interoperability are currently the most vulnerable processes affected by a huge data breach and drug counterfeit. For Instance, according to the Health Research Funding Organization (HRFO), in 2017, nearly 10% to 30% of the drugs in emerging countries were not original, which represent a huge market of drug counterfeit. The U.S. healthcare industry, in 2017, bore a loss of about $200 billion annually, due to counterfeit issues.

Further key findings from the study suggest:

• Drug and medical device companies accounted for the largest market share in the end use segment in 2018

• Clinical data and e-consenting segment held over 26.0% market share in 2018.

• Private blockchain type segment is anticipated to witness the fastest growth due to supportive legislative policies in developed countries

• Europe held the leading market share of over 35.0% in 2018, attributed to increase in incidence of data breaches, supportive government policies, favorable reimbursement schemes, rise in awareness, and increase in number of training programs

• Key players operating in the blockchain in healthcare market include IBM Corporation; Microsoft; PokitDok, Inc.; Patientory, Inc.; GuardTime; Blockpharma; MedRec; iSolve, LLC; DeepMind Health; and Stratumn; among others.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation and Scope
                       1.1.1 Types
                       1.1.2 Application 
                       1.1.3 End Use
                       1.1.4 Region
                       1.1.5 Estimates and forecast timeline
                   1.2 Research Methodology
                   1.3 Information procurement
                       1.3.1 Purchased database:
                       1.3.2 GVR's internal database
                       1.3.3 Secondary sources
                       1.3.4 Primary research
                       1.3.5 Details of primary research
                           1.3.5.1 Data for primary interviews in North america
                           1.3.5.2 Data for primary interviews in Europe
                           1.3.5.3 Data for primary interviews in Asia Pacific
                           1.3.5.4 Data for primary interviews in Middle East and Africa
                   1.4 Information or Data Analysis
                       1.4.1 Data analysis models
                   1.5 Market Formulation & Validation
                   1.6 Model Details
                       1.6.1 Commodity Flow Analysis
                   1.7 List of Secondary Sources
                   1.8 List of Primary Sources
                   1.9 Objectives
                       1.9.1 Objective 1
                       1.9.2 Objective 2
                       1.9.3 Objective 3
                       1.9.4 Objective 4

Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Segment Outlook

Chapter 3 Blockchain in Healthcare Market Variables, Trends & Scope
                   3.1 Market Dynamics
                       3.1.1 Market Driver Analysis
                       3.1.2 Market Restrain Analysis
                   3.2 CRM Devices: Market Analysis Tools
                       3.2.1 Industry Analysis - Porter's
                       3.2.2 Pestle Analysis
                       3.2.3 Major Deals And Strategic Alliances
                   3.2 Product Pipeline Analysis by Stages
                   3.3 Application Platform Analysis by Companies
                   3.4 Market Opportunity Analysis

Chapter 4 Blockchain in Healthcare Market: Segment Analysis, by Type, 2016 - 2026 (USD Million)
                   4.1 Definition and Scope
                   4.2 Type Market Share Analysis, 2018 & 2026
                   4.3 Global Blockchain in Healthcare Market, by Type, 2016 to 2026
                   4.4 Market Size & Forecasts and Trend Analyses, 2016 to 2026
                       4.4.1 PUBLIC
                           4.4.1.1 Public, 2016 - 2026 (USD Million)
                       4.4.2 PRIVATE
                           4.4.2.1 Private, 2016 - 2026 (USD Million)

Chapter 5 Blockchain in Healthcare Market: Segment Analysis, by Application, 2016 - 2026 (USD Million)
                   5.1 Definition and Scope
                   5.2 Application Market Share Analysis, 2018 & 2026
                   5.3 Global Blockchain in Healthcare Market, by Application, 2016 to 2026
                   5.4 Market Size & Forecasts and Trend Analyses, 2016 to 2026
                       5.4.1 Clinical Data Exchange & Interoperability
                           5.4.1.1 Clinical Data Exchange & Interoperability Market, 2016 - 2026 (USD Million)
                       5.4.2 Claims Adjudication & Billing
                           5.4.2.1 Claims Adjudication & Billing Market, 2016 - 2026 (USD Million)
                       5.4.3 Supply Chain Management
                           5.4.3.1 Supply Chain Management Market, 2016 - 2026 (USD Million)
                       5.4.4 Clinical Trials & Econsenting
                           5.4.4.1 Clinical Trials & eConsenting Market, 2016 - 2026 (USD Million)
                       5.4.5 Other Application
                           5.4.5.1 Other Application Market, 2016 - 2026 (USD Million)

Chapter 6 Blockchain in Healthcare Market: Segment Analysis, By End Use, 2016 - 2026 (USD Million)
                   6.1 Definition and Scope
                   6.2 End Use Type Market Share Analysis, 2018 & 2026
                   6.3 Global CRM devices Market, by End Use, 2016 to 2026
                   6.4 Market Size & Forecasts and Trend Analyses, 2016 to 2026
                       6.4.1 Hospitals
                           6.4.1.1 Hospitals Market, 2016 - 2026 (USD Million)
                       6.4.2 Insurance Providers
                           6.4.2.1 Insurance Providers, 2016 - 2026 (USD Million)
                       6.4.3 Drug And Medical Device Companies
                           6.4.3.1 Insurance Providers, 2016 - 2026 (USD Million)
                       6.4.4 Others
                           6.4.4.1 Others, 2016 - 2026 (USD Million)

Chapter 7 Blockchain in Healthcare Market: Regional Market Analysis, by Type, Application, End Use 2016 - 2026 (USD Million)
                   7.1 Definition & Scope
                   7.2 Regional Market Share Analysis, 2018 & 2026
                   7.3 Regional Market Snapshot
                   7.4 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2025
                   7.5 North America
                       7.5.1 North America Market Estimates And Forecast, By Country, 2016 - 2026 (Usd Million)
                       7.5.2 North America Blockchain In Healthcare Market, By Type, 2016 - 2026 (Usd Million)
                       7.5.3 North America Blockchain In Healthcare Market, By Application, 2016 - 2026 (Usd Million)
                       7.5.4 North America Blockchain In Healthcare Market, By End Use, 2016 - 2026 (Usd Million)
                       7.5.5 U.S.
                           7.5.5.1 U.S. Blockchain In Healthcare Market, 2016 - 2026 (Usd Million)
                       7.5.6 Canada
                           7.5.6.1 Canada Blockchain In Healthcare Market, 2016 - 2026 (Usd Million)
                   7.6 Europe
                       7.6.1 Europe Blockchain In Healthcare Market, By Country, 2016 - 2026 (Usd Million)
                       7.6.2 Europe Blockchain In Healthcare Market, By Type, 2016 - 2026 (Usd Million)
                       7.6.3 Europe Blockchain In Healthcare Market, By Application, 2016 - 2026 (Usd Million)
                       7.6.4 Europe Blockchain In Healthcare Market, By End Use, 2016 - 2026 (Usd Million)
                       7.6.5 U.K.
                           7.6.5.1 U.K. Blockchain In Healthcare Market, 2016 - 2026 (Usd Million)
                       7.6.6 Germany
                           7.6.6.1 Germany Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.6.7 France
                           7.6.7.1 France Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.6.8 Switzerland
                           7.6.8.1 Switzerland Crm Devices Market, 2016 - 2026 (Usd Million)
                   7.7 Asia Pacific
                       7.7.1 Asia Pacific Blockchain In Healthcare Market, By Country, 2016 - 2026 (Usd Million)
                       7.7.2 Asia Pacific Blockchain In Healthcare Market, By Type, 2016 - 2026 (Usd Million)
                       7.7.3 Asia Pacific Blockchain In Healthcare Market, By Application, 2016 - 2026 (Usd Million)
                       7.7.4 Asia Pacific Blockchain In Healthcare Market, By End Use, 2016 - 2026 (Usd Million)
                       7.7.5 Japan
                           7.7.5.1 Japan Implantation Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.7.6 China 
                           7.7.6.1 China Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.7.7 Australia
                           7.7.7.1 Australia Implantation Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.7.8 India
                           7.7.8.1 India Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.7.9 Singapore
                           7.7.9.1 Singapore Crm Devices Market, 2016 - 2026 (Usd Million)
                   7.8 Latin America
                       7.8.1 Latin America Blockchain In Healthcare Market, By Country, 2016 - 2026 (Usd Million)
                       7.8.2 Latin America Blockchain In Healthcare Market, By Type, 2016 - 2026 (Usd Million)
                       7.8.3 Latin America Blockchain In Healthcare Market, By Application, 2016 - 2026 (Usd Million)
                       7.8.4 Latin America Blockchain In Healthcare Market, By End Use, 2016 - 2026 (Usd Million)
                       7.8.5 Brazil
                           7.8.5.1 Brazil Crm Devices Market, 2016 - 2026 (Usd Million)
                       7.8.6 Mexico
                           7.8.6.1 Mexico Crm Devices Market, 2016 - 2026 (Usd Million)
                   7.9 Mea
                       7.9.1 Mea Blockchain In Healthcare Market, By Country2016 - 2026 (Usd Million)
                       7.9.2 Mea Blockchain In Healthcare Market, By Type, 2016 - 2026 (Usd Million)
                       7.9.3 Mea Blockchain In Healthcare Market, By Application, 2016 - 2026 (Usd Million)
                       7.9.4 Mea Blockchain In Healthcare Market, By End Use, 2016 - 2026 (Usd Million)
                       7.9.5 South Africa
                           7.9.5.1 South Africa Blockchain in Healthcare market, 2016 - 2026 (USD Million)
                       7.9.6 UAE
                           7.9.6.1 UAE Blockchain in Healthcare market, 2016 - 2026 (USD Million)

Chapter 8 Blockchain in Healthcare Market - Competitive Analysis
                   8.1 Company Profiles
                   8.2 PokitDok, Inc.
                       8.2.1 Company Overview
                       8.2.2 Type Benchmarking
                       8.2.3 Strategic Initiatives
                   8.3 Patientory, Inc.
                       8.3.1 Company Overview
                       8.3.2 Type Benchmarking
                       8.3.3 Strategic Initiatives
                   8.4 Guardtime
                       8.4.1 Company Overview
                       8.4.2 Type Benchmarking
                       8.4.3 Strategic Initiatives
                   8.5 Blockpharma
                       8.5.1 Company Overview
                       8.5.2 Type Benchmarking
                       8.5.3 Strategic Initiatives
                   8.6 MedRec
                       8.6.1 Company Overview
                       8.6.2 Type Benchmarking
                       8.6.3 Strategic Initiatives
                   8.7 iSolve, LLC
                       8.7.1 Company Overview
                       8.7.2 Type Benchmarking
                       8.7.3 Strategic Initiatives
                   8.8 DeepMind Health
                       8.8.1 Company Overview
                       8.8.2 Type Benchmarking
                       8.8.3 Strategic Initiatives
                   8.9 Stratumn
                       8.9.1 Company Overview
                       8.9.2 Type Benchmarking
                       8.9.3 Strategic Initiatives

List of Tables

TABLE 1 Global blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 2 Global blockchain in healthcare market, by application, 2016 - 2026
TABLE 3 Global blockchain in healthcare market, by end use, 2016 - 2026
TABLE 4 Global blockchain in healthcare market, by region, 2016 - 2026 (USD Million)
TABLE 5 North America blockchain in healthcare market, by country, 2016 - 2026 (USD Million) 
TABLE 6 North America blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 7 North America blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 8 North America blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 9 U.S. blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 10 U.S. blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 11 U.S. blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 12 Canada blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 10 Canada blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 13 Canada blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 14 Europe blockchain in healthcare market, by country, 2016 - 2026 (USD Million) 
TABLE 15 Europe blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 16 Europe blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 17 Europe blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 18 U.K. blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 19 U.K. blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 20 U.K. blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 21 Germany blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 22 Germany blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 23 Germany blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 24 France blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 25 France blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 26 France blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 27 Asia Pacific blockchain in healthcare market, by Country, 2016 - 2026 (USD Million) 
TABLE 28 Asia Pacific blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 29 Asia Pacific blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 30 Asia Pacific blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 31 Japan blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 32 Japan blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 33 Japan blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 34 China blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 35 China blockchain in healthcare market, by application, 2016 - 2026 (USD Million) 
TABLE 36 China blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 37 Australia blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 38 Australia blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 39 Australia blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 40 India blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 41 India blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 42 India blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 43 Switzerland blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 44 Switzerland blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 45 Switzerland blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 46 Singapore blockchain in healthcare market, by type, 2016 - 2026 (USD Million) 
TABLE 57 Singapore blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 48 Singapore blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 49 Latin America blockchain in healthcare market, by country, 2016 - 2026 (USD Million)
TABLE 50 Latin America blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 51 Latin America blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 52 Latin America blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 53 Mexico blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 54 Mexico blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 55 Mexico blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 56 Brazil blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 57 Brazil blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 58 Brazil blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 59 MEA blockchain in healthcare market, by country, 2016 - 2026 (USD Million)
TABLE 60 MEA blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 61 MEA blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 62 MEA blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 63 South Africa blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 64 South Africa blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 65 South Africa blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)
TABLE 66 UAE blockchain in healthcare market, by type, 2016 - 2026 (USD Million)
TABLE 67 UAE blockchain in healthcare market, by application, 2016 - 2026 (USD Million)
TABLE 68 UAE blockchain in healthcare market, by end use, 2016 - 2026 (USD Million)

List of Figures

Fig. 1 Blockchain in healthcare market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain-based sizing & forecasting
Fig. 7 QFD modelling for market share assessment
Fig. 8 Blockchain in healthcare market revenues, 2017, (USD Millions)
Fig. 9 Penetration & growth prospect mapping
Fig. 10 Market trends & outlook
Fig. 11 Porter's five forces analysis
Fig. 12 PESTLE analysis
Fig. 13 Strategy mapping
Fig. 14 Blockchain in healthcare market type outlook: Key takeaways
Fig. 15 Blockchain in healthcare market: Type movement analysis
Fig. 16 Segment dashboard
Fig. 17 Global public market, 2016 - 2026 (USD Million)
Fig. 18 Global private market, 2016 - 2026 (USD Million)
Fig. 19 Blockchain in healthcare market application outlook: Key takeaways
Fig. 20 Blockchain in healthcare market: Application movement analysis
Fig. 21 Segment dashboard
Fig. 22 Global clinical data exchange & interoperability market, 2016 - 2026 (USD Million)
Fig. 23 Global claims adjudication & billing market, 2016 - 2026 (USD Million)
Fig. 24 Global supply chain management market, 2016 - 2026 (USD Million)
Fig. 25 Global clinical trials & e-consenting market, 2016 - 2026 (USD Million)
Fig. 26 Global other application market, 2016 - 2026 (USD Million)
Fig. 27 Blockchain in healthcare market end use outlook: Key takeaways
Fig. 28 Blockchain in healthcare market: End use movement analysis
Fig. 29 Global hospitals market, 2016 - 2026 (USD Million)
Fig. 30 Global insurance providers market, 2016 - 2026 (USD Million)
Fig. 31 Global drug and medical device companies' market, 2016 - 2026 (USD Million)
Fig. 32 Global others market, 2016 - 2026 (USD Million)
Fig. 33 Regional market place: Key takeaways
Fig. 34 North America blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 35 U.S. blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 36 Canada blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 37 Europe blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 38 Germany blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 39 U.K. blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 40 France blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 41 Asia Pacific blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 42 Japan blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 43 China blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 44 Australia blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 45 India blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 46 Singapore blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 47 Switzerland blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 48 Latin America blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 49 Mexico blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 50 Brazil blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 51 MEA blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 52 South Africa blockchain in healthcare market, 2016 - 2026 (USD Million)
Fig. 53 UAE blockchain in healthcare Market, 2016 - 2026 (USD Million)