AI in Healthcare November 25, 2019
The market for blockchain technology in healthcare could exceed $500 million by 2022, according to a new report from Frost & Sullivan. This includes an estimated compound annual growth rate of 61.4%.
Blockchain providers that choose to embrace areas such as healthcare data infrastructure, health data access and identity management are expected to do well, the report’s authors explained, and targeting the United States is viewed as another strategy for success.
“Health insurance payers, providers, and pharma companies are expected to adopt blockchain systems ahead of other healthcare industry stakeholders,” Kamaljit Behera, Frost & Sullivan’s senior industry analyst of transformational health, said in a prepared statement. “In...