Report Says Blockchain Technology To Take Healthcare Market By Storm

Report Says Blockchain Technology To Take Healthcare Market By Storm

“The interoperability and security challenges arising from the disparate systems that make up the present health care information network are well-known. Could blockchain technology, with its ability to record and store information conveniently and economically, and share it securely among different applications and systems, overcome these issues? A new study from BIS Research thinks so.

According to the firm’s study, “Global Blockchain in Healthcare Market- Analysis and Forecast, 2017-2025,” the value of blockchain in healthcare is expected to rise from $176.8 million in 2018 to over $5.61 billion by 2025. More specifically, the study says blockchain can introduce transparency, eliminate third-party intermediaries, and help streamline of operational processes and large costs. The researchers also believe blockchain can expedite the movement toward a more value-based healthcare system, improve patient engagement, and increase the opportunity to create more consumer-centric product segments and revenue streams…”

https://www.mdtmag.com/news/2018/04/report-says-blockchain-technology-take-healthcare-market-storm

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https://bisresearch.com/industry-report/global-blockchain-in-healthcare-market-2025.html