EDINA, Minnesota, April 19, 2018 /PRNewswire/ --
According to a new market intelligence report by BIS Research, titled"Global Blockchain in Healthcare Market- Analysis and Forecast, 2017-2025", the blockchain in healthcare is estimated to be $176.8 million in 2018, and is estimated
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Browse 17 market Data Tables and 68 Figures spread through 150 Pages and in-depth TOC on "Global Blockchain in Healthcare Market"
BIS Research Report: https://bisresearch.com/industry-report/global-blockchain-in-healthcare-market-2025.html
Blockchain can play a critical role in overcoming the shortcomings and challenges associated with legal systems. Some of the significant advantages of employing blockchain are the introduction of transparency, complete elimination of third-party intermediaries, and streamlining of operational processes and large costs. Additionally, blockchain can pave the way for the movement to a more value-based healthcare system, improve patient engagement and even open opportunities for the introduction of more consumer-centric product segments and revenue streams.
According to Pushplata Patel, an analyst at BIS Research, "The blockchain in the healthcare market is going to be driven by the urgent need to improve interoperability and security of the healthcare information systems. Around 14% of healthcare organizations are expected to have a blockchain based system in place by the end of 2018, while 70% are expected to have invested in getting the technology on-board by 2020. Various successful use-cases of blockchain have already been piloted, ranging from tracking of consent in clinical trials, development of healthcare information exchange platforms, to pharma supply chain solutions. Healthcare data exchange, health insurance, and clinical trials are expected to witness large disruption in the coming years. "
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This market intelligence report provides a multidimensional view of the global blockchain in the healthcare market regarding market size and growth potential. The research report aims at answering various aspects of the blockchain in healthcare market with the help of key factors driving the market, challenges to implementation, regulatory scenario, adoption rate and the current growth opportunities that are going to shape the future trajectory of the market expansion.
Furthermore, the competitive landscape chapter in the report explicates the competitive nature of the global market and enables the reader to get acquainted with the recent market activities, such as product launches, regulatory clearance, and certifications, partnerships, collaborations, as well as mergers and acquisitions. The research report also includes a comprehensive analysis of funding and investment scenario in blockchain in the healthcare market.
This report is a meticulous compilation of research on more than 100 players in the market ecosystem and draws upon insights from the in-depth interviews with the key opinion leaders of more than 60 leading companies, market participants, and vendors. The report also profiles 16 companies including several key players, such as IBM, Patientory, FarmaTrust, MedicalChain, SimplyVital Health, iSolve, Microsoft, Change Healthcare, and Chronicled, among others.
Key questions answered in the report:
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About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm which focuses on those emerging trends in technology which are likely to disrupt the dynamics of the market.
With over 150 market research reports published annually, BIS Research focuses on Healthcare, Automotive, Aerospace and Agriculture and other key industries that are seeing rapid technological disruption.
Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data and other important market parameters useful in the strategic decision making for senior management.
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