Blockchain: Adoption in Healthcare Market Size, Application, Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2018 - 2023
ID : RND_045763 Format : PDF July, 2019 Publisher : Netscribes Pages : 110
Until recently, Blockchain technology owed its popularity primarily to its role in transforming the digital currency sector, with Bitcoin being the game-changer in this regard. However, the possibilities of the core technology of Blockchain are limitless. It is capable of, and has been causing a significant amount of disruption in industries across the world, especially the healthcare sector, a primary focus area at this point of time. Digital transformations and technological advancements in every business segment of the healthcare sector is a notable trend. The healthcare industry however, comes with its set of challenges - lack of interoperability and limited linkage between healthcare storage systems are major concerns as far as management of medical data is concerned. Blockchain technology is increasingly being touted as the solution for interoperability and security issues that plague traditional healthcare systems. This report includes a comprehensive analysis of the adoption of Blockchain technology in the healthcare industry, and highlights the major trends and opportunities across the ecosystem.
Blockchain Impact and Adoption Trend Analysis
This section of the report throws light on the segments of the healthcare industry from the perspective of Blockchain technology, including its structure and ecosystem, foundational elements, types of Blockchains and their uses, and a detailed analysis of the impact of this technology on the healthcare industry.
The section also provides a detailed analysis of the various use cases and applications of Blockchain in healthcare, its benefits, implementation challenges, and the expected timeline for its adoption in healthcare. Moreover, it highlights the future business models and opportunities that are anticipated to arise from the adoption of Blockchain.
This section includes a list of the top innovators and disruptors that are making their mark in the industry. Some of the top companies that are focused on healthcare services through Blockchain-enabled healthcare solutions - including asset management, contract management, bills and claims management, medical and health records, medication and treatment adherence, clinical trial records, etc. - have been profiled in detail in this section of the report. The section also addresses and provides answers to questions pertaining to product offerings and technologies, key developments, funding activities, and the outlook that will define the future of Blockchain in the healthcare industry.
Some of the companies included and profiled in the report are Change Healthcare, IBM, Accenture, TraceLink, SAP, Oracle, MedicalChain, Nebula Genomics, Hashed Health, Doc.ai, etc.
1.1. Blockchain (BC) and how it works
1.2. Is the healthcare industry ready for BC and does it need it?
1.3. What BC Could Do For the Healthcare Ecosystem and How?
1.4. What BC means for key healthcare industry application segments?
1.5. How deep is the current adoption of BC in the healthcare industry?
2. BC Impact
2.1. Invigorating the HC Industry - Building the 'Blocks' with BC
2.2. How will BC transform the healthcare industry?
2.3. BC-based transformation of the Healthcare Industry
3. BC-healthcare: Key enablers and challenges
3.1. Major constraints with regard to the adoption of BC in the healthcare industry
3.2. Key enablers of BC in the healthcare industry
3.2.1. Suppliers' side
3.2.2. Buyers' side
4. Adoption of BC in the healthcare industry
4.1. How is BC accepted in the industry?
4.2. How BC is Assimilating into the Healthcare Industry?
4.2.1. Patients & Consumers - Medical And Health Records
4.2.2. Supply Chain Management - Counterfeit Drugs
4.2.3. Channels - Clinical Adjudication
4.2.4. Channels - Claims Adjudication
5. Healthcare industry - Front runners' strategy
5.1. BC adoption will come in phases in the healthcare industry
5.2. Front runners are driving BC adoption in the healthcare industry
5.3. Success story of a front runner - Alipay (Alibaba)
5.4. Strategic alliances of front runners to enter BC-enabled healthcare industry
5.5. BC-enabled healthcare to witness strong growth in the long term
6. BC-enabled healthcare - Regional adoption
6.1. Front runners to write regional stories in BC adoption
7. Start-ups' ecosystem
7.1. BC start-ups expected to disrupt the healthcare industry
7.2. BC-enabled healthcare start-ups - Overview
7.2.2. Nebula Genomics
7.2.4. SimplyVital Health
7.2.5. Cognitive Scale's
7.2.6. Hashed Health
8. BC-enabled Healthcare: Key Innovators
8.1. Change Healthcare
9. Conclusion and future roadmap
9.1. Conclusion: An Overview of Current Scenario
9.2. BC-enabled healthcare - The future lies here: Cross technology
10. BC-enabled healthcare - The future lies here: Cross industry
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model:
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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