Dublin, Feb. 21, 2023 (GLOBE NEWSWIRE) -- The "Blockchain Technology in Healthcare Market in India 2023" report has been added to ResearchAndMarkets.com's offering.
In terms of revenue, the digital healthcare market in India was valued at INR 524.97 Bn in 2021. It is expected to reach INR 2,528.69 Bn by 2027, expanding at a compound annual growth rate (CAGR) of 28.50% during the 2022 - 2027 period.
A blockchain is a practical alternative for managing the substantial volume of data handled by the healthcare sector due to its security, effectiveness, availability, accessibility, and other benefits.
Market drivers:
A blockchain enabled system is essential for the management of medical records. Future pandemic circumstances may benefit from using blockchain technology to track patient status, bed availability, medication availability, pharmaceutical device availability, vaccination status, etc. Blockchain also helps to eliminate the possibility of external parties tampering with the supply chain of authentic products.
Market challenges:
A blockchain network's inherent structure defies any set form or norm, so adopting a blockchain system for healthcare could clash with data protection rules. Determining the role of a data fiduciary or a data controller in a blockchain-based network where each system serves several purposes as a node, or a miner may prove challenging. Poor penetration of technology and digital infrastructure in rural areas is also impeding the growth of digital healthcare in the country.
Impact of COVID-19:
During the pandemic period, the patients' detail from around the world should be available at a shared commonplace to enable the research work by the researchers. Blockchain technology facilitates serving better home-quarantined patients by supplying medicine on time.
Some patients do not get hospitalized but are isolated and treated at home. Even after the patient recovers, the data stored permanently in the blockchain help to check for after-effects.
Key Topics Covered:
Chapter 1: Executive Summary
Chapter 2: Socio-economic Indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. Blockchain Technology in Healthcare Sector
3.3. Hospitalization Process through Blockchain Technology
3.4. Use of Blockchain Technology in Healthcare sector
3.5. Types of Healthcare Analytics
3.6. Scope of Digital Healthcare in India
Chapter 4: Market Overview
4.1. Digital Healthcare Market in India - An Overview
4.1.1. Market size and growth forecast (2022 - 2027e)
4.2. Advantages of Using Blockchain by Healthcare Industry Stakeholders
4.3. Major organizations using blockchain
Chapter 5: Impact of COVID-19
5.1. Impact of COVID-19
Chapter 6: Market Influencers
6.1. Key growth drivers
6.2. Key challengers
Chapter 7: Competitive Landscape
7.1. Aindra Systems
- Company information
- Business description
- Products/Services
- Key people
- Financial snapshot
- Key ratios
- Key financial performance indicators
- Key business segments
- Key geographical segments
Note: Similar information covered for all other companies
7.2. Artificial Learning System (Artelus)
7.3. Health Arx Technologies Pvt. Ltd.
7.4. Niramai Health Analytix Pvt. Ltd.
7.5. Predible Health
7.6. Qure.ai
7.7. SigTuple Technologies Pvt. Ltd.
7.8. Tricog Health India Pvt. Ltd.
7.9. IBM India Pvt. Ltd.
7.10. Microsoft Corporation India Pvt. Ltd.
7.11. Siemens Healthcare Pvt. Ltd.
Chapter 8: Major Startups
8.1. Vitraya Technologies
8.2. Fitmint
8.3. Cuztomise
8.4. Pranacare
8.5. MeFy
8.6. Glosys Health
Chapter 9: Appendix
9.1. Research methodology
9.2. About the Publisher
9.3. Disclaimer
Companies Mentioned
- Aindra Systems
- Artificial Learning System (Artelus)
- Health Arx Technologies Private Limited
- Niramai Health Analytix Private Limited
- Predible Health
- Qure.ai
- SigTuple Technologies Private Limited
- Tricog Health India Private Limited
- IBM India Private Limited
- Microsoft Corporation India Private Limited
- Siemens Healthcare Private Limited
For more information about this report visit https://www.researchandmarkets.com/r/qze738
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