Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025

The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights. In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as the implementation of government initiatives and increasing investment in the field. Growth factors for blockchain in healthcare Examination of medical outcomes, interoperability of health data and cost component reductions will further impact blockchain adoption,…