Crypto Health Market 2022-2030: Opportunity Analysis

The global Crypto Health market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Crypto Health market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.

This analytical report is a precise piece of work that is gathered by studying different static as well as dynamic aspects of the businesses. Numerous graphical presentation techniques such as infographics, charts, ample graph, tables, and pictures have been used while curating this applicable report. The global opportunity and innovative trends of the Crypto Health market have been explored by analysts.

Top Key Players includes: Abto Software, Blockpharma, Factom, Guardtime, Hashed Health, IBM Corporation, iSolve, LLC, Medicalchain SA., Microsoft, NTT DATA, Inc., Patientory, Inc., PokitDok, Inc., Solve.Care, Tata Consultancy Services Limited and The Linux Foundation amongst others.

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In terms of revenue, global crypto health market is anticipated to grow at CAGR of 20.12% over the forecast period (2022-2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

Effective security arrangements, which protect information assets of healthcare providers, doctors and patients, are fundamental requirements in a modern electronic healthcare culture. However, there has been a rise in the incidences of data breach at hospitals, government health records, health insurance providers and other sensitive health data storages. For instance, the data breach of Anthem Insurance Companies, Inc. in 2014 which exposed personal information of 78.8 million customers and employees. According to a report published by the Health Insurance Portability and Accountability Act (HIPAA) on healthcare data breach, there was a 44.44% (month-over-month) increase in the healthcare data breaches in October 2019. This insecurity of confidential health data is creating high demand for advanced security and privacy measures. Cryptography, which is a method of applying complex codes for securing information and communications, is a viable solution for securing health care ecosystem.

This technology is witnessing high popularity owing to its efficacies to provide data confidentiality, data integrity authentication and source authentication along with support to non-repudiation. Massachusetts General Hospital partnered with MediBloc of South Korea in December 2018 to protect their patient data using blockchain cryptography. In similar instance, Nebula Genomics adopted blockchain cryptography platform to safeguard the genetic information of their customers who avail the DNA testing services. Major IT firms across the globe such as Intel Corporation, Microsoft and others are providing advanced cryptography solutions for securing the health data. These, solutions offered by market players to strengthen the security and privacy of health databases, amidst the growing data breach instances, are propelling the growth of global crypto health market.

Crypto Health Market Segmentation:

By Component

  • Wallet
  • Cards
  • Coin
  • Protocol
  • Vault
  • Others

By Application

  • Insurance companies
  • Benefit Administrators
  • Appointments
  • Referrals
  • Eligibility
  • Enrollment
  • Bills and Payments
  • Others
  • Government Agencies
  • Clinical Organizations
  • Chronic disease management
  • Preventative care
  • Episodic care
  • Wellness checks
  • Quality measurement
  • Others
  • Accountable Care Organizations
  • Employers
  • Patients
  • Appointments
  • Book a ride
  • Prescription management
  • Care circles
  • Claims processing
  • Others
  • Medical devices supply chain
  • Electronic Healthcare Records
  • Others (Clinical Trials, etc.)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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Kavita Sharma

Kavita Sharma

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities.

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