Smart contracts define laws and penalties around an agreement and automatically enforce those applications which are kept in public databases which are used in the healthcare sectors to digitally facilitate the verification or performance of the contract. Various smart contracts work independently and are also implemented together. The major advantages of smart contracts are decreasing transaction risk, improving business process efficiency, and decreasing management and service cost.
|Unit||Value (USD Million)|
|Key Companies Profiled||HashCash Consultants (United States), Sumatosoft (Belarus), Eleks (Ukraine), Solulab Inc (United States), Cyber Infrastructure Inc (United States), Intellectsoft (United States), Leeway Hertz (United States), Quest Global Technologies (India) and S-pro (Ukraine)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics by major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Smart Contracts in Healthcare Market Study:
HashCash Consultants (United States), Sumatosoft (Belarus), Eleks (Ukraine), Solulab Inc (United States), Cyber Infrastructure Inc (United States), Intellectsoft (United States), Leeway Hertz (United States), Quest Global Technologies (India) and S-pro (Ukraine)
In the last few years, Global market of Smart Contracts in Healthcare developed rapidly. Major factors driving the market are Rising Demand from Insurance Agencies for Smart Contracts in Healthcare
On the basis of applications, the Smart Contracts in Healthcare market is segmented by Patient Data Management, Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, Electronic Health Records (EHRs), Supply Chain Management and Others.
Latest Industry Highlights:
In January 2019, CortexLabs.ai, a provider of Blockchain technology, partly launched an AI-based Blockchain technology named AI Smart Contract TestNet. This launch provides a new Al platform to CortesLans.ai. The platform allows the end-users to upload their Al models and integrate them with smart contracts on the Blockchain..
Some of the other players that are also part of study are SmartData Enterprises (United States), Microsoft Corporation (United States) and Gem (India).
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Contracts in Healthcare market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Contracts in Healthcare market.
Identification of total players or companies operating in the global market which is further concentrated to a fewer or most impacting players which is considered under the reports scope. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Smart contracts in healthcare Manufacturers, Smart contracts in healthcare Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.