[Market Report] Blockchain Technology in the Healthcare Market
Report ID: AA01241104
The global blockchain technology in the healthcare market is rapidly rising, expected to reach 16.27 billion USD by 2031.
The global blockchain technology in the healthcare market has achieved remarkable growth, with revenues reaching $747.9 million in 2022. Recent market analysis predicts that the market will expand at an astonishing compound annual growth rate (CAGR) of 40.8% during the forecast period. The adoption of blockchain technology in the healthcare sector is revolutionizing data management and interoperability, providing unprecedented security, transparency, and efficiency in medical data exchange. Blockchain technology was originally developed as the underlying infrastructure for cryptocurrencies like Bitcoin, but it is now widely applied across various industries, including healthcare. Blockchain is a decentralized ledger or database maintained and updated by multiple participants within a decentralized network. In the healthcare field, blockchain technology is used to securely store confidential patient data and share it among healthcare providers, testing agencies, insurance companies, and the patients themselves. For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: Akiri Inc Hashed Health BurstIQ Oracle Corporation Proof Works Equideum Health Change Healthcare Inc Embleema iSolve LLC Medical Chain Avaneer Health Inc International Business Machines Corporation Crystalchain FarmaTrust Guardtime Patientory Inc Chronicled
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