The Asia Pacific Blockchain Technology in Healthcare Market would witness market growth of 41.3% CAGR during the forecast period (2022-2028).
Medical information about patients is gathered by doctors and clinic staff through diagnosis. They are in charge of keeping the patient records of those who have confirmed them as authorized doctors or clinics and given them permission to enter information into them up to date with regard to their health. It is the responsibility of labs to perform tests, provide test results, and update this data in the records of patients who have validated that the labs are allowed and have been given permission to write into their records.
Blocks of data, like a record of a sales transaction or a medical history, are saved on a blockchain. A block is put on the list of prior blocks once all the data necessary to complete it has been supplied, and a new block is generated to accommodate the incoming data. Blockchains are decentralized and allow for an infinite number of network users, like a global network of medical equipment suppliers and buyers. The blockchain is constantly updated and synchronized as new blocks are added, and each member in a blockchain has a complete copy of the blockchain.
The way in which health services are provided, used, and have an impact on health outcomes is heavily influenced by health systems and policies. Despite the central government issuing instructions, as "health" is a state responsibility, it is up to the states to decide whether to carry out the initiatives on infant care. Due to India's federalized system of government, the union and state governments oversee different aspects of the country's health system's administration. The National AIDS Control Program and the Revised National Tuberculosis Program are just a couple of the national programmes that the Union Ministry of Health and Family Welfare is in charge of implementing.
The China market dominated the Asia Pacific 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 $399.5 million by 2028. The Japan market is estimated to grow a CAGR of 40.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 42.1% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Blockchain Technology in Healthcare Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Blockchain Technology in Healthcare Market, by End User
1.4.2 Asia Pacific Blockchain Technology in Healthcare Market, by Type
1.4.3 Asia Pacific Blockchain Technology in Healthcare Market, by Application
1.4.4 Asia Pacific 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. Asia Pacific Blockchain Technology in Healthcare Market by End User
4.1 Asia Pacific Pharmaceutical & Medical Device Companies Market by Country
4.2 Asia Pacific Healthcare Payers Market by Country
4.3 Asia Pacific Healthcare Providers Market by Country
Chapter 5. Asia Pacific Blockchain Technology in Healthcare Market by Type
5.1 Asia Pacific Public Market by Country
5.2 Asia Pacific Private Market by Country
Chapter 6. Asia Pacific Blockchain Technology in Healthcare Market by Application
6.1 Asia Pacific Supply Chain Management Market by Country
6.2 Asia Pacific Data Exchange & Interoperability Market by Country
6.3 Asia Pacific Claims Adjudication & Billing Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Blockchain Technology in Healthcare Market by Country
7.1 China Blockchain Technology in Healthcare Market
7.1.1 China Blockchain Technology in Healthcare Market by End User
7.1.2 China Blockchain Technology in Healthcare Market by Type
7.1.3 China Blockchain Technology in Healthcare Market by Application
7.2 Japan Blockchain Technology in Healthcare Market
7.2.1 Japan Blockchain Technology in Healthcare Market by End User
7.2.2 Japan Blockchain Technology in Healthcare Market by Type
7.2.3 Japan Blockchain Technology in Healthcare Market by Application
7.3 India Blockchain Technology in Healthcare Market
7.3.1 India Blockchain Technology in Healthcare Market by End User
7.3.2 India Blockchain Technology in Healthcare Market by Type
7.3.3 India Blockchain Technology in Healthcare Market by Application
7.4 South Korea Blockchain Technology in Healthcare Market
7.4.1 South Korea Blockchain Technology in Healthcare Market by End User
7.4.2 South Korea Blockchain Technology in Healthcare Market by Type
7.4.3 South Korea Blockchain Technology in Healthcare Market by Application
7.5 Singapore Blockchain Technology in Healthcare Market
7.5.1 Singapore Blockchain Technology in Healthcare Market by End User
7.5.2 Singapore Blockchain Technology in Healthcare Market by Type
7.5.3 Singapore Blockchain Technology in Healthcare Market by Application
7.6 Malaysia Blockchain Technology in Healthcare Market
7.6.1 Malaysia Blockchain Technology in Healthcare Market by End User
7.6.2 Malaysia Blockchain Technology in Healthcare Market by Type
7.6.3 Malaysia Blockchain Technology in Healthcare Market by Application
7.7 Rest of Asia Pacific Blockchain Technology in Healthcare Market
7.7.1 Rest of Asia Pacific Blockchain Technology in Healthcare Market by End User
7.7.2 Rest of Asia Pacific Blockchain Technology in Healthcare Market by Type
7.7.3 Rest of Asia Pacific 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 Asia Pacific Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Pharmaceutical & Medical Device Companies Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Pharmaceutical & Medical Device Companies Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Healthcare Payers Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Healthcare Payers Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Healthcare Providers Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Healthcare Providers Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Public Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Public Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Private Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Private Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Supply Chain Management Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Supply Chain Management Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Data Exchange & Interoperability Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Data Exchange & Interoperability Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Claims Adjudication & Billing Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Claims Adjudication & Billing Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Blockchain Technology in Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Blockchain Technology in Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 31 China Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 32 China Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 33 China Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 34 China Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 35 China Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 36 China Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 37 China Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 38 China Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 39 Japan Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 40 Japan Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 41 Japan Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 42 Japan Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 43 Japan Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 44 Japan Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 45 Japan Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 46 Japan Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 47 India Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 48 India Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 49 India Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 50 India Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 51 India Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 52 India Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 53 India Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 54 India Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 55 South Korea Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 56 South Korea Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 57 South Korea Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 58 South Korea Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 59 South Korea Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 60 South Korea Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 61 South Korea Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 62 South Korea Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 63 Singapore Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 64 Singapore Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 65 Singapore Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 66 Singapore Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 67 Singapore Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 68 Singapore Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 69 Singapore Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 70 Singapore Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 71 Malaysia Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 72 Malaysia Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 73 Malaysia Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 74 Malaysia Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 75 Malaysia Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 76 Malaysia Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 77 Malaysia Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 78 Malaysia Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Blockchain Technology in Healthcare Market, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Blockchain Technology in Healthcare Market, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Blockchain Technology in Healthcare Market by End User, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Blockchain Technology in Healthcare Market by End User, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Blockchain Technology in Healthcare Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Blockchain Technology in Healthcare Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Blockchain Technology in Healthcare Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Blockchain Technology in Healthcare Market by Application, 2022 - 2028, USD Million
TABLE 87 Key information – IBM Corporation
TABLE 88 Key Information – Oracle Corporation
TABLE 89 Key Information – Hashed Health
TABLE 90 Key Information – Embleema
TABLE 91 Key Information – Chronicled
TABLE 92 Key Information – Equideum Health
TABLE 93 Key Information – BurstIQ, LLC
TABLE 94 Key Information – GuardTime
TABLE 95 Key Information – FarmaTrust
TABLE 96 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