Global Blockchain in Healthcare Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Application, End User, Organization Size, and Region: Trend Forecast and Growth Opportunity
- Report ID: 29676
- Date: Jun, 2022
- Pages: 162
- Category: ICT & Media
Global blockchain in healthcare market will reach $58.9 billion by 2030, growing by 70.5% annually over 2020-2030 amid the COVID-19 pandemic. The market is driven by the healthcare data security, development of blockchain consortiums, government initiatives, increasing instances of data breaches and surging adoption of blockchain technology in healthcare and pharma industries.
Highlighted with 82 tables and 84 figures, this 162-page report “Global Blockchain in Healthcare Market 2020-2030 by Offering (Platform, Services), Type (Public, Private, Hybrid), Provider (Infrastructure, Middleware, Application), Application, End User, Organization Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global blockchain in healthcare market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global blockchain in healthcare market in every aspect of the classification from perspectives of Offering, Type, Provider, Application, End User, Organization Size, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Platform
• Services
Based on Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Public Blockchain
• Consortium or Hybrid Blockchain
• Private or Permission Blockchain
Based on Provider, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Infrastructure and Protocol Providers
• Middleware Providers
• Application and Solution Providers
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Clinical Data Exchange & Interoperability
• Claims and Billing
• Supply Chain Management
• Drug Traceability
• Drug Discovery & Clinical Trials
• Other Applications
Based on End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Hospitals
• Pharmaceutical Companies
• Insurance Providers
• Other End Users
Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Large Enterprises
• Small and Medium Enterprises (SMEs)
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Qatar, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Blockchain Type, Application, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
BlockPharma
Factom, Inc
Farmatrust
Guardtime
Hashed Health
International Business Machines Corporation
iSolve Technologies
Medicalchain SA
Microsoft Corporation
Patientory, Inc
Pokitdok Inc
Simplyvital Health
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Global Market by Offering 41
3.1 Market Overview by Offering 41
3.2 Platform 43
3.3 Services 44
4 Segmentation of Global Market by Blockchain Type 45
4.1 Market Overview by Blockchain Type 45
4.2 Public Blockchain 47
4.3 Consortium or Hybrid Blockchain 48
4.4 Private or Permission Blockchain 49
5 Segmentation of Global Market by Provider 50
5.1 Market Overview by Provider 50
5.2 Infrastructure and Protocol Providers 52
5.3 Middleware Providers 53
5.4 Application and Solution Providers 54
6 Segmentation of Global Market by Application 55
6.1 Market Overview by Application 55
6.2 Clinical Data Exchange & Interoperability 57
6.3 Claims and Billing 58
6.4 Supply Chain Management 59
6.5 Drug Traceability 60
6.6 Drug Discovery & Clinical Trials 61
6.7 Other Applications 62
7 Segmentation of Global Market by End User 63
7.1 Market Overview by End User 63
7.2 Hospitals 65
7.3 Pharmaceutical Companies 66
7.4 Insurance Providers 67
7.5 Other End Users 68
8 Segmentation of Global Market by Organization Size 69
8.1 Market Overview by Organization Size 69
8.2 Large Enterprises 71
8.3 Small and Medium Enterprises (SMEs) 72
9 Segmentation of Global Market by Region 73
9.1 Geographic Market Overview 2019-2030 73
9.2 North America Market 2019-2030 by Country 77
9.2.1 Overview of North America Market 77
9.2.2 U.S. 81
9.2.3 Canada 84
9.2.4 Mexico 86
9.3 European Market 2019-2030 by Country 88
9.3.1 Overview of European Market 88
9.3.2 Germany 92
9.3.3 U.K. 94
9.3.4 France 96
9.3.5 Spain 98
9.3.6 Italy 100
9.3.7 Russia 102
9.3.8 Rest of European Market 104
9.4 Asia-Pacific Market 2019-2030 by Country 106
9.4.1 Overview of Asia-Pacific Market 106
9.4.2 Japan 110
9.4.3 China 113
9.4.4 Australia 116
9.4.5 India 118
9.4.6 South Korea 120
9.4.7 Rest of APAC Region 122
9.5 South America Market 2019-2030 by Country 124
9.5.1 Argentina 127
9.5.2 Brazil 129
9.5.3 Chile 131
9.5.4 Rest of South America Market 133
9.6 MEA Market 2019-2030 by Country 134
9.6.1 Qatar 137
9.6.2 Saudi Arabia 139
9.6.3 South Africa 141
9.6.4 Other National Markets 143
10 Competitive Landscape 144
10.1 Overview of Key Vendors 144
10.2 New Product Launch, Partnership, Investment, and M&A 147
10.3 Company Profiles 148
BlockPharma 148
Factom, Inc 150
Farmatrust 151
Guardtime 152
Hashed Health 153
International Business Machines Corporation 154
iSolve Technologies 155
Medicalchain SA 156
Microsoft Corporation 157
Patientory, Inc 158
Pokitdok Inc 159
Simplyvital Health 160
RELATED REPORTS 161
List of Tables
Table 1. Snapshot of Global Blockchain in Healthcare Market in Balanced Perspective, 2019-2030 19
Table 2. Growth Rate of World GDP, 2020-2022 23
Table 3. Main Product Trends and Market Opportunities in Global Blockchain in Healthcare Market 33
Table 4. Global Blockchain in Healthcare Market by Offering, 2019-2030, $ mn 41
Table 5. Global Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 45
Table 6. Global Blockchain in Healthcare Market by Provider, 2019-2030, $ mn 50
Table 7. Global Blockchain in Healthcare Market by Application, 2019-2030, $ mn 55
Table 8. Global Blockchain in Healthcare Market by End User, 2019-2030, $ mn 63
Table 9. Global Blockchain in Healthcare Market by Organization Size, 2019-2030, $ mn 69
Table 10. Global Blockchain in Healthcare Market by Region, 2019-2030, $ mn 74
Table 11. Leading National Blockchain in Healthcare Market, 2019 and 2030F, $ mn 76
Table 12. North America Blockchain in Healthcare Market by Country, 2019-2030, $ mn 79
Table 13. U.S. Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 83
Table 14. U.S. Blockchain in Healthcare Market by Application, 2019-2030, $ mn 83
Table 15. U.S. Blockchain in Healthcare Market by End User, 2019-2030, $ mn 83
Table 16. Canada Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 85
Table 17. Canada Blockchain in Healthcare Market by Application, 2019-2030, $ mn 85
Table 18. Canada Blockchain in Healthcare Market by End User, 2019-2030, $ mn 85
Table 19. Mexico Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 87
Table 20. Mexico Blockchain in Healthcare Market by Application, 2019-2030, $ mn 87
Table 21. Mexico Blockchain in Healthcare Market by End User, 2019-2030, $ mn 87
Table 22. Europe Blockchain in Healthcare Market by Country, 2019-2030, $ mn 91
Table 23. Germany Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 93
Table 24. Germany Blockchain in Healthcare Market by Application, 2019-2030, $ mn 93
Table 25. Germany Blockchain in Healthcare Market by End User, 2019-2030, $ mn 93
Table 26. U.K. Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 95
Table 27. U.K. Blockchain in Healthcare Market by Application, 2019-2030, $ mn 95
Table 28. U.K. Blockchain in Healthcare Market by End User, 2019-2030, $ mn 95
Table 29. France Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 97
Table 30. France Blockchain in Healthcare Market by Application, 2019-2030, $ mn 97
Table 31. France Blockchain in Healthcare Market by End User, 2019-2030, $ mn 97
Table 32. Spain Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 99
Table 33. Spain Blockchain in Healthcare Market by Application, 2019-2030, $ mn 99
Table 34. Spain Blockchain in Healthcare Market by End User, 2019-2030, $ mn 99
Table 35. Italy Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 101
Table 36. Italy Blockchain in Healthcare Market by Application, 2019-2030, $ mn 101
Table 37. Italy Blockchain in Healthcare Market by End User, 2019-2030, $ mn 101
Table 38. Russia Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 103
Table 39. Russia Blockchain in Healthcare Market by Application, 2019-2030, $ mn 103
Table 40. Russia Blockchain in Healthcare Market by End User, 2019-2030, $ mn 103
Table 41. Blockchain in Healthcare Market in Rest of Europe by Country, 2019-2030, $ mn 105
Table 42. APAC Blockchain in Healthcare Market by Country, 2019-2030, $ mn 108
Table 43. Japan Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 112
Table 44. Japan Blockchain in Healthcare Market by Application, 2019-2030, $ mn 112
Table 45. Japan Blockchain in Healthcare Market by End User, 2019-2030, $ mn 112
Table 46. China Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 115
Table 47. China Blockchain in Healthcare Market by Application, 2019-2030, $ mn 115
Table 48. China Blockchain in Healthcare Market by End User, 2019-2030, $ mn 115
Table 49. Australia Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 117
Table 50. Australia Blockchain in Healthcare Market by Application, 2019-2030, $ mn 117
Table 51. Australia Blockchain in Healthcare Market by End User, 2019-2030, $ mn 117
Table 52. India Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 119
Table 53. India Blockchain in Healthcare Market by Application, 2019-2030, $ mn 119
Table 54. India Blockchain in Healthcare Market by End User, 2019-2030, $ mn 119
Table 55. South Korea Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 121
Table 56. South Korea Blockchain in Healthcare Market by Application, 2019-2030, $ mn 121
Table 57. South Korea Blockchain in Healthcare Market by End User, 2019-2030, $ mn 121
Table 58. Blockchain in Healthcare Market in Rest of APAC by Country/Region, 2019-2030, $ mn 123
Table 59. South America Blockchain in Healthcare Market by Country, 2019-2030, $ mn 126
Table 60. Argentina Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 128
Table 61. Argentina Blockchain in Healthcare Market by Application, 2019-2030, $ mn 128
Table 62. Argentina Blockchain in Healthcare Market by End User, 2019-2030, $ mn 128
Table 63. Brazil Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 130
Table 64. Brazil Blockchain in Healthcare Market by Application, 2019-2030, $ mn 130
Table 65. Brazil Blockchain in Healthcare Market by End User, 2019-2030, $ mn 130
Table 66. Chile Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 132
Table 67. Chile Blockchain in Healthcare Market by Application, 2019-2030, $ mn 132
Table 68. Chile Blockchain in Healthcare Market by End User, 2019-2030, $ mn 132
Table 69. MEA Blockchain in Healthcare Market by Country, 2019-2030, $ mn 136
Table 70. Qatar Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 138
Table 71. Qatar Blockchain in Healthcare Market by Application, 2019-2030, $ mn 138
Table 72. Qatar Blockchain in Healthcare Market by End User, 2019-2030, $ mn 138
Table 73. Saudi Arabia Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 140
Table 74. Saudi Arabia Blockchain in Healthcare Market by Application, 2019-2030, $ mn 140
Table 75. Saudi Arabia Blockchain in Healthcare Market by End User, 2019-2030, $ mn 140
Table 76. South Africa Blockchain in Healthcare Market by Blockchain Type, 2019-2030, $ mn 142
Table 77. South Africa Blockchain in Healthcare Market by Application, 2019-2030, $ mn 142
Table 78. South Africa Blockchain in Healthcare Market by End User, 2019-2030, $ mn 142
Table 79. BlockPharma: Company Snapshot 148
Table 80. BlockPharma: Business Segmentation 148
Table 81. BlockPharma: Product Portfolio 149
Table 82. BlockPharma: Revenue, 2018-2020, $ mn 149
List of Figures
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18
Figure 4. Global Blockchain in Healthcare Market, 2019-2030, $ mn 21
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Global Blockchain in Healthcare Market 26
Figure 7. World Blockchain Market, 2019-2030, $ mn 29
Figure 8. Primary Restraints and Impact Factors of Global Blockchain in Healthcare Market 30
Figure 9. Investment Opportunity Analysis 34
Figure 10. Porter’s Fiver Forces Analysis of Global Blockchain in Healthcare Market 37
Figure 11. Breakdown of Global Blockchain in Healthcare Market by Offering, 2019-2030, % of Revenue 42
Figure 12. Global Addressable Market Cap in 2021-2030 by Offering, Value ($ mn) and Share (%) 42
Figure 13. Global Blockchain in Healthcare Market by Offering: Platform, 2019-2030, $ mn 43
Figure 14. Global Blockchain in Healthcare Market by Offering: Services, 2019-2030, $ mn 44
Figure 15. Breakdown of Global Blockchain in Healthcare Market by Blockchain Type, 2019-2030, % of Sales Revenue 46
Figure 16. Global Addressable Market Cap in 2021-2030 by Blockchain Type, Value ($ mn) and Share (%) 46
Figure 17. Global Blockchain in Healthcare Market by Blockchain Type: Public Blockchain, 2019-2030, $ mn 47
Figure 18. Global Blockchain in Healthcare Market by Blockchain Type: Consortium or Hybrid Blockchain, 2019-2030, $ mn 48
Figure 19. Global Blockchain in Healthcare Market by Blockchain Type: Private or Permission Blockchain, 2019-2030, $ mn 49
Figure 20. Breakdown of Global Blockchain in Healthcare Market by Provider, 2019-2030, % of Sales Revenue 51
Figure 21. Global Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%) 51
Figure 22. Global Blockchain in Healthcare Market by Provider: Infrastructure and Protocol Providers, 2019-2030, $ mn 52
Figure 23. Global Blockchain in Healthcare Market by Provider: Middleware Providers, 2019-2030, $ mn 53
Figure 24. Global Blockchain in Healthcare Market by Provider: Application and Solution Providers, 2019-2030, $ mn 54
Figure 25. Breakdown of Global Blockchain in Healthcare Market by Application, 2019-2030, % of Revenue 56
Figure 26. Global Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 56
Figure 27. Global Blockchain in Healthcare Market by Application: Clinical Data Exchange & Interoperability, 2019-2030, $ mn 57
Figure 28. Global Blockchain in Healthcare Market by Application: Claims and Billing, 2019-2030, $ mn 58
Figure 29. Global Blockchain in Healthcare Market by Application: Supply Chain Management, 2019-2030, $ mn 59
Figure 30. Global Blockchain in Healthcare Market by Application: Drug Traceability, 2019-2030, $ mn 60
Figure 31. Global Blockchain in Healthcare Market by Application: Drug Discovery & Clinical Trials, 2019-2030, $ mn 61
Figure 32. Global Blockchain in Healthcare Market by Application: Other Applications, 2019-2030, $ mn 62
Figure 33. Breakdown of Global Blockchain in Healthcare Market by End User, 2019-2030, % of Revenue 64
Figure 34. Global Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%) 64
Figure 35. Global Blockchain in Healthcare Market by End User: Hospitals, 2019-2030, $ mn 65
Figure 36. Global Blockchain in Healthcare Market by End User: Pharmaceutical Companies, 2019-2030, $ mn 66
Figure 37. Global Blockchain in Healthcare Market by End User: Insurance Providers, 2019-2030, $ mn 67
Figure 38. Global Blockchain in Healthcare Market by End User: Other End Users, 2019-2030, $ mn 68
Figure 39. Breakdown of Global Blockchain in Healthcare Market by Organization Size, 2019-2030, % of Revenue 69
Figure 40. Global Addressable Market Cap in 2021-2030 by Organization Size, Value ($ mn) and Share (%) 70
Figure 41. Global Blockchain in Healthcare Market by Organization Size: Large Enterprises, 2019-2030, $ mn 71
Figure 42. Global Blockchain in Healthcare Market by Organization Size: Small and Medium Enterprises (SMEs), 2019-2030, $ mn 72
Figure 43. Global Market Snapshot by Region 73
Figure 44. Geographic Spread of Worldwide Blockchain in Healthcare Market, 2019-2030, % of Sales Revenue 74
Figure 45. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 75
Figure 46. North American Blockchain in Healthcare Market, 2019-2030, $ mn 78
Figure 47. Breakdown of North America Blockchain in Healthcare Market by Country, 2019 and 2030, % of Revenue 79
Figure 48. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 80
Figure 49. U.S. Blockchain in Healthcare Market, 2019-2030, $ mn 82
Figure 50. Canada Blockchain in Healthcare Market, 2019-2030, $ mn 84
Figure 51. Blockchain in Healthcare Market in Mexico, 2019-2030, $ mn 86
Figure 52. European Blockchain in Healthcare Market, 2019-2030, $ mn 89
Figure 53. Breakdown of European Blockchain in Healthcare Market by Country, 2019 and 2030, % of Revenue 90
Figure 54. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 91
Figure 55. Blockchain in Healthcare Market in Germany, 2019-2030, $ mn 92
Figure 56. Blockchain in Healthcare Market in U.K., 2019-2030, $ mn 94
Figure 57. Blockchain in Healthcare Market in France, 2019-2030, $ mn 96
Figure 58. Blockchain in Healthcare Market in Spain, 2019-2030, $ mn 98
Figure 59. Blockchain in Healthcare Market in Italy, 2019-2030, $ mn 100
Figure 60. Blockchain in Healthcare Market in Russia, 2019-2030, $ mn 102
Figure 61. Blockchain in Healthcare Market in Rest of Europe, 2019-2030, $ mn 104
Figure 62. Asia-Pacific Blockchain in Healthcare Market, 2019-2030, $ mn 107
Figure 63. Breakdown of APAC Blockchain in Healthcare Market by Country, 2019 and 2030, % of Revenue 107
Figure 64. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 109
Figure 65. Blockchain in Healthcare Market in Japan, 2019-2030, $ mn 111
Figure 66. Blockchain in Healthcare Market in China, 2019-2030, $ mn 114
Figure 67. Blockchain in Healthcare Market in Australia, 2019-2030, $ mn 116
Figure 68. Blockchain in Healthcare Market in India, 2019-2030, $ mn 118
Figure 69. Blockchain in Healthcare Market in South Korea, 2019-2030, $ mn 120
Figure 70. Blockchain in Healthcare Market in Rest of APAC, 2019-2030, $ mn 122
Figure 71. South America Blockchain in Healthcare Market, 2019-2030, $ mn 125
Figure 72. Breakdown of South America Blockchain in Healthcare Market by Country, 2019 and 2030, % of Revenue 125
Figure 73. Contribution to South America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 126
Figure 74. Blockchain in Healthcare Market in Argentina, 2019-2030, $ mn 127
Figure 75. Blockchain in Healthcare Market in Brazil, 2019-2030, $ mn 129
Figure 76. Blockchain in Healthcare Market in Chile, 2019-2030, $ mn 131
Figure 77. Blockchain in Healthcare Market in Rest of South America, 2019-2030, $ mn 133
Figure 78. Blockchain in Healthcare Market in Middle East and Africa (MEA), 2019-2030, $ mn 135
Figure 79. Breakdown of MEA Blockchain in Healthcare Market by Country, 2019 and 2030, % of Revenue 135
Figure 80. Contribution to MEA 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 136
Figure 81. Blockchain in Healthcare Market in Qatar, 2019-2030, $ mn 137
Figure 82. Blockchain in Healthcare Market in Saudi Arabia, 2019-2030, $ mn 139
Figure 83. Blockchain in Healthcare Market in South Africa, 2019-2030, $ mn 141
Figure 84. Growth Stage of Global Blockchain in Healthcare Industry over the Forecast Period 144
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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