Market Highlights
The portfolio of pharmaceutical companies has become more diversified in recent years with the arrival of nanotechnology, tissue regeneration, and stem cell research. These new products need a process of manufacture and distribution need to be safer than conventional chemical molecules by their intrinsic characteristics. In addition, the substantial growth of emerging markets, the environmental pressures for sustainable progress and the growing scrutiny by regulatory authorities (new regulations, broader risk management, etc.) back the idea that a new approach to manufacturing and distribution would be needed in future years to meet the needs of the coming future.
The Global Blockchain In Pharmaceutical Supply Chain Management Market is expected to register an approximate CAGR of 22.5% during the forecast period of 2019–2024.
Key Players
Some of the key players in the global blockchain in pharmaceutical supply chain management market are IBM, Microsoft, SAP SE, Oracle, Tibco Software, Auxesis Group, Omnichain, Vechain Foundation, Chainvine, Applied Blockchain, AWS, Huawei, Guardtime, BTL Group, Bitfury, Digital Treasury Corporation, Blockverify, Nodalblock, Peer Ledger and others.
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Segmentation
The global blockchain in pharmaceutical supply chain management is segmented on the basis of application, end user, and region.
On the basis of application, the global blockchain in pharmaceutical supply chain management market is segmented into product traceability, risk and compliance management, payment & settlement, others. The market by end user is segmented into manufacturers, distributors, healthcare providers
On the bases of region, the global blockchain in pharmaceutical supply chain management market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to hold the largest market share and the Middle East & Africa with a low market share during the forecasted period.
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