Blockchain is a distributed system recording and storing transaction records. More specifically, blockchain is a shared, immutable record of peer-to-peer transactions built from linked transaction blocks and stored in a digital ledger.
The development in providing efficient health-care services is heavily dependent on advances in the information technology, and particularly in the ability to record and store information easily and economically and share it securely among disparate applications and systems. However, less than 10% of healthcare organizations regularly share medical information with providers outside of their organization.

Market Analysis and Insights: Global Blockchain in Healthcare Market
The global Blockchain in Healthcare market size is projected to reach US$ 3126.8 million by 2027, from US$ 354.9 million in 2020, at a CAGR of 36.2% during 2021-2027.
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Global Blockchain in Healthcare Scope and Market Size
Blockchain in Healthcare market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Blockchain in Healthcare market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Public Blockchain
Private Blockchain
Permissioned Blockchain

Segment by Application
Financial Services
Non-Financial Services

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Hashed Health
iSolve
Patientory
FarmaTrust
SimplyVital Health
IBM
Change Healthcare
Microsoft
Optum.