Middle East & Africa Blockchain Technology In Healthcare Market Size & Outlook
Middle East & Africa blockchain technology in healthcare market, 2018-2030 (US$M)
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MEA blockchain technology in healthcare market highlights
- The MEA blockchain technology in healthcare market generated a revenue of USD 441.8 million in 2023.
- The market is expected to grow at a CAGR of 64.2% from 2024 to 2030.
- In terms of segment, public was the largest revenue generating network type in 2023.
- Private is the most lucrative network type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 441.8 million |
| Market revenue in 2030 | USD 14,202.4 million |
| Growth rate | 64.2% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| Fastest growing segment | Private |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private, Public, Other Network Type |
| Key market players worldwide | International Business Machines Corp, Oracle Corp, UnitedHealth Group Inc, Patientory, iSolve, Solve.Care, burstIQ, Medicalchain |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.3% of the global blockchain technology in healthcare market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 14,202.4 million by 2030.
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Blockchain Technology In Healthcare Market Scope
Blockchain Technology In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa blockchain technology in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blockchain technology in healthcare market will help companies and investors design strategic landscapes.
Public was the largest segment with a revenue share of 43.23% in 2023. Horizon Databook has segmented the Middle East & Africa blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
In the Middle East & Africa (MEA) region, blockchain technology is steadily gaining traction in the healthcare sector, revolutionizing the way health data is managed and secured. The distributed nature of blockchain ensures transparent and secure data storage while maintaining patient privacy.
This advancement is driven by the urgent need to enhance data interoperability, streamline processes, and strengthen cybersecurity. However, the widespread adoption of blockchain in the healthcare industry faces several challenges, such as the lack of standardized regulations, interoperability issues with existing systems, and the initial investment required for implementation.
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Our clientele includes a mix of blockchain technology in healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa blockchain technology in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa blockchain technology in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA blockchain technology in healthcare market size, by country, 2018-2030 (US$M)
Middle East & Africa Blockchain Technology In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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