The North America Blockchain Technology in Healthcare Market would witness market growth of 38.4% CAGR during the forecast period (2022-2028).
Some of the biggest problems facing the healthcare sector are being helped by blockchain technology. As a result, its breadth would only expand. The industry is searching for transparent and secure ways to perform operations to have full credibility in the systems and assure their patients of the same. This is due to the rise in technical tools to ease the interchange of patient information and improve healthcare procedures.
The usage of blockchain technology has already started in the sector thanks to its decentralized nature and capacity to offer reliable and secure solutions. In order to acquire improved medical treatment and healthcare blockchain solutions, it could also be expected to be utilized in conjunction with other technologies such machine learning and artificial intelligence. The collection of patient medical records in digital format is known as an EHR. Along with that, electronic medical records are maintained throughout time by the hospital or clinical and are stored electronically.
Key players in nations like Canada have unavoidably faced a number of data privacy and security concerns as a result of the healthcare ecosystem's growing complexity. Even though the most of medical records have been converted to digital format, they are frequently scattered throughout various medical facilities all over the world in silos. This has effects on public health (PH) intelligence, which depends on institutions exchanging accurate and comprehensive information. These problems with information exchange in the healthcare industry are being attributed to blockchain technology.
The US market dominated the North America Blockchain Technology in Healthcare Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,499.2 million by 2028. The Canada market is poised to grow at a CAGR of 41.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 40.7% during (2022 - 2028).
Based on End User, the market is segmented into Pharmaceutical & Medical Device Companies, Healthcare Payers, and Healthcare Providers. Based on Type, the market is segmented into Public and Private. Based on Application, the market is segmented into Supply Chain Management, Data Exchange & Interoperability, Claims Adjudication & Billing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Blockchain Technology in Healthcare Market is Estimated to reach $5.3 Billion by 2028, at a CAGR of 39.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Avaneer Health, Inc., BurstIQ, LLC, Chronicled, Embleema, Equideum Health (ConsenSys Mesh), Farmatrust, GuardTime, and Hashed Health.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Pharmaceutical & Medical Device Companies
- Healthcare Payers
- Healthcare Providers
By Type
By Application
- Supply Chain Management
- Data Exchange & Interoperability
- Claims Adjudication & Billing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Avaneer Health, Inc.
- BurstIQ, LLC
- Chronicled
- Embleema
- Equideum Health (ConsenSys Mesh)
- Farmatrust
- GuardTime
- Hashed Health
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Blockchain Technology in Healthcare Market, by End User
1.4.2 North America Blockchain Technology in Healthcare Market, by Type
1.4.3 North America Blockchain Technology in Healthcare Market, by Application
1.4.4 North America Blockchain Technology in Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Feb – 2022, Aug) Leading Players
Chapter 4. North America Blockchain Technology in Healthcare Market by End User
4.1 North America Pharmaceutical & Medical Device Companies Market by Country
4.2 North America Healthcare Payers Market by Country
4.3 North America Healthcare Providers Market by Country
Chapter 5. North America Blockchain Technology in Healthcare Market by Type
5.1 North America Public Market by Country
5.2 North America Private Market by Country
Chapter 6. North America Blockchain Technology in Healthcare Market by Application
6.1 North America Supply Chain Management Market by Country
6.2 North America Data Exchange & Interoperability Market by Country
6.3 North America Claims Adjudication & Billing Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Blockchain Technology in Healthcare Market by Country
7.1 US Blockchain Technology in Healthcare Market
7.1.1 US Blockchain Technology in Healthcare Market by End User
7.1.2 US Blockchain Technology in Healthcare Market by Type
7.1.3 US Blockchain Technology in Healthcare Market by Application
7.2 Canada Blockchain Technology in Healthcare Market
7.2.1 Canada Blockchain Technology in Healthcare Market by End User
7.2.2 Canada Blockchain Technology in Healthcare Market by Type
7.2.3 Canada Blockchain Technology in Healthcare Market by Application
7.3 Mexico Blockchain Technology in Healthcare Market
7.3.1 Mexico Blockchain Technology in Healthcare Market by End User
7.3.2 Mexico Blockchain Technology in Healthcare Market by Type
7.3.3 Mexico Blockchain Technology in Healthcare Market by Application
7.4 Rest of North America Blockchain Technology in Healthcare Market
7.4.1 Rest of North America Blockchain Technology in Healthcare Market by End User
7.4.2 Rest of North America Blockchain Technology in Healthcare Market by Type
7.4.3 Rest of North America Blockchain Technology in Healthcare Market by Application
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Oracle Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Hashed Health
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.3.2.2 Product Launches and Product Expansions:
8.4 Embleema
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Product Launches and Product Expansions:
8.5 Chronicled
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.6 Equideum Health (ConsenSys Mesh)
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 BurstIQ, LLC
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 GuardTime
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 FarmaTrust
8.9.1 Company Overview
8.10. Avaneer Health, Inc.
8.10.1 Company Overview
TABLE 1 North America Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 2 North America Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Blockchain Technology in Healthcare Market
TABLE 4 Product Launches And Product Expansions– Blockchain Technology in Healthcare Market
TABLE 5 North America Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 6 North America Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 7 North America Pharmaceutical & Medical Device Companies Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Pharmaceutical & Medical Device Companies Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Healthcare Payers Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Healthcare Payers Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Healthcare Providers Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Healthcare Providers Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 14 North America Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 15 North America Public Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Public Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Private Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Private Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 20 North America Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 21 North America Supply Chain Management Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Supply Chain Management Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Data Exchange & Interoperability Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Data Exchange & Interoperability Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Claims Adjudication & Billing Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Claims Adjudication & Billing Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Blockchain Technology in Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Blockchain Technology in Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 31 US Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 32 US Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 33 US Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 34 US Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 35 US Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 36 US Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 37 US Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 38 US Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 39 Canada Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 40 Canada Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 41 Canada Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 42 Canada Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 43 Canada Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 44 Canada Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 45 Canada Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 46 Canada Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 47 Mexico Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 48 Mexico Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 49 Mexico Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 50 Mexico Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 51 Mexico Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 52 Mexico Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 53 Mexico Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 54 Mexico Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of North America Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 56 Rest of North America Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 57 Rest of North America Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 58 Rest of North America Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 59 Rest of North America Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of North America Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 61 Rest of North America Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 62 Rest of North America Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 63 Key information – IBM Corporation
TABLE 64 Key Information – Oracle Corporation
TABLE 65 Key Information – Hashed Health
TABLE 66 Key Information – Embleema
TABLE 67 Key Information – Chronicled
TABLE 68 Key Information – Equideum Health
TABLE 69 Key Information – BurstIQ, LLC
TABLE 70 Key Information – GuardTime
TABLE 71 Key Information – FarmaTrust
TABLE 72 Key Information – Avaneer Health, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Feb – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Oracle Corporation
FIG 8 SWOT analysis: Oracle Corporation
FIG 9 Recent strategies and developments: Hashed Health
FIG 10 Recent strategies and developments: Embleema