Blockchain Technology in Healthcare Market (Focus on Drug Discovery and Clinical Trials Market): Distribution by Type of Blockchain (Public Blockchain, Private Blockchain, Hybrid Blockchain, and Other Blockchains), Type of End-User (Hospitals, Pharmaceutical Industry, Research Institutes and Academic Institutes), and Key Geographical Regions (North America, Europe, Asia-Pacific, and Rest of the World): Industry Trends and Global Forecasts, 2023-2035

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    January 2023

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Example Insights

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Blockchain-in-Drug-Discovery-and-Clinical-Trials-Market-SWOT-Analysis-thumb Blockchain-in-Drug-Discovery-and-Clinical-Trials-Market-Distribution-by-Key-Geographical-Regions-thumb  

Overview

Blockchain technology, also referred to as distributed ledger technology (DLT), serves an integral part of the pharmaceutical supply chain. It enhances the trackability and traceability of drugs and other pharmaceutical products, thereby reducing the prevalence of counterfeit drugs and medicine. The drug discovery process, which involves the identification of a relevant biological target and a corresponding pharmacological lead, is deemed crucial to the clinical success of a drug candidate. However, it is a well-known fact that, approximately 80% of the medical studies fail to produce desired results due to various errors, including fraud, data falsification, and trial misconduct. This can be taken care of by the blockchain, acting as a strong platform for an enhanced clinical practice in terms of maintaining patient records and enrolling patients for trials. It also enhances the storage and transparency of medical data. In addition, the ledger can be used to contain all the updated information along with an encrypted patient identity to secure patient data.

Key Market Insights

The Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of Blockchain (Public Blockchain, Private Blockchain, Hybrid Blockchain, and Other Blockchains), Type of End-User (Hospitals, Pharmaceutical Industry, Research Institutes and Academic Institutes), and Key Geographical Regions (North America, Europe, Asia-Pacific, and Rest of the World): Industry Trends and Global Forecasts, 2023-2035 report features an extensive study of the current market landscape and future potential of blockchain in drug discovery and clinical trials. The report highlights the efforts of several stakeholders engaged in this rapidly emerging segment of the pharmaceutical industry and answers many key questions related to this domain.

What is Blockchain and How Does it Work?

Blockchain is a decentralized, distributed, digital ledger that is used to record transactions on a common digital platform. It is worth noting, that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network. Further, the technology was developed to facilitate secure transactions between different stakeholders, without involving third parties. There are few simple steps on which blockchain works
Each transaction being performed is recorded along with relevant details

  • The different nodes of the network verify if the transaction is valid
  • Each transaction being verified is added to the block
  • Once the block is complete, it is added to the chain

What is the Future Potential of Blockchain in Healthcare?

The popularity of blockchain technology has grown invariably in the last few years. The technology has the potential to revolutionize the healthcare sector as it has emerged as a viable option to store / exchange data within the healthcare industry. Further, it provides a faster solution for tracking and authenticating medical shipments / drugs across the supply chain and during logistics operations. In addition to compiling longitudinal patient records such as disease registries, laboratory results, and treatment related data records.

Which Pharmaceutical Companies are using Blockchain?

Examples of some of the pharmaceutical companies using blockchain include (in alphabetic order) Amgen, Novartis, Pfizer and Sanofi.

What is the Current Market Landscape of the Blockchain Market Focused on Drug Discovery and Clinical Trials?

Various types of blockchain platforms, including public blockchain, private blockchain, and consortium blockchain, are currently being used across different drug development applications (DDA), such as drug discovery, intellectual property management, electronic health record management, vaccine distribution, drug authenticity, drug supply chain, drug data management, clinical trial management, and electronic signature. It is worth highlighting that more than 50 blockchain providers offer their proprietary platforms for these applications to various industries, including healthcare, pharmaceuticals, and government organizations.

Blockchain-in-Drug-Discovery-and-Clinical-Trials-Market-Distribution-by-type-of-DDA

What are the Key Value Drivers of Blockchain Market in Drug Discovery and Clinical Trials?

In recent years, the use of blockchain has been on the rise, driven by several technological advancements and the growing demand for safe and secure methods of patient recruitment, retention and data management in drug discovery and clinical trials. It is worth mentioning that the use of blockchain technology in drug discovery operations is expected to improve the overall drug development process by enabling traceability in the drug supply chain and identification of counterfeit drugs and medicines.

What are the Key Advantages Offered by Novel Blockchain Platforms in Drug Discovery and Clinical Trials? 

In recent years, the use of blockchain technology in healthcare, specifically in drug discovery and clinical trial management has been on the rise. This can be attributed to the fact that blockchain provides a faster solution for tracking and authenticating pharmaceutical products / drugs across the supply chain. In addition, clinical trial data can be saved securely over blockchain platforms / portals. Further, the technology enables patients to access to their medical data, ensuring that such data is only shared with the owner’s permission.

What are the Key Trends in the Blockchain in Drug Discovery and Clinical Trials Market?

It is worth highlighting that 500+ research articles in this domain have been published in high-impact journals over a period of six years, highlighting the substantial efforts made by researchers. Majority of these publications are research articles focused on evaluating the use of blockchain across drug supply chain and clinical trial management.

Blockchain-in-Drug-Discovery-and-Clinical-Trials-Market-Distribution-by-type-of-Article

What is the Market Size of Blockchain in Drug Discovery and Clinical Trials Market?

As the adoption of blockchain, specifically for drug development applications, increases amongst innovators in the pharma and biopharma industries, lucrative opportunities are expected to be emerge for players engaged in the blockchain for drug discovery and clinical trials market. The blockchain market, focusing on drug discovery and clinical trials, is expected to witness a healthy growth of over 22% in the coming decade; the opportunity is likely to be well distributed across various types of blockchain, types of end-users and key geographical regions.

Blockchain-in-Drug-Discovery-and-Clinical-Trials-Market-Forecast

Who are the Key Players in the Blockchain in Drug Discovery and Clinical Trials Market?

Examples of key players engaged in this domain (which have also been captured in this report) include (in alphabetic order) Alten Calsoft Labs, ConsenSys, IBM, Infosys, Stratumn and Tech Mahindra.

Scope of the Report

The study presents an in-depth analysis of the various firms / organizations that are engaged in this domain, across different segments as defined in the below table:
 

Report Attribute Details

Forecast Period

2023 – 2035

Type of Blockchain

Public Blockchain, Private Blockchain, Hybrid Blockchain, and Others

Type of End-User

Healthcare Industry, Pharmaceutical Industry, Government Organizations, and Universities

Key Geographical Regions

North America, Europe, Asia-Pacific, and Rest of the World

Key Companies Profiled

Alten Calsoft Labs, ConsenSys, Infosys, IBM, Stratumn, and Tech Mahindra

Customization Scope

15% Free Customization Option (equivalent to 5 analyst working days)

Excel Data Packs (Complimentary) Market Landscape Analysis, Company Competitiveness Analysis, Publication Analysis, Partnerships and Collaborations Analysis, Market Forecast and Opportunity Analysis


The study presents an in-depth analysis, highlighting the capabilities of various stakeholders engaged in this domain, across different geographies. Amongst other elements, the report includes:

  • An executive summary of the insights captured during our research. It offers a high-level view on the current state of blockchain in drug discovery and clinical trials market and its likely evolution in the short to mid and long term.
  • A general overview of blockchain technology, along with information on its types and applications across various industries. It also highlights the applications of blockchain, specifically in drug discovery and clinical trials. Further, the chapter features a discussion on the challenges, key growth drivers, and future perspectives associated with the use of blockchain in drug discovery and clinical trials.
  • A detailed assessment of the overall market landscape of companies offering blockchain technology for  drug discovery and clinical trials, based on several relevant parameters, such as year of establishment, company size (in terms of number of employees), location of headquarters, type of blockchain(s) (public blockchain, private blockchain, and consortium blockchain), type of drug development application(s) (drug discovery, intellectual property management, electronic health record management, vaccine distribution, drug authenticity, drug supply chain, drug data management, clinical trial management, and electronic signatures), application(s) within clinical trial management (operational excellence, predictive analysis, site investigation, patient recruitment retention, vendor management, patient data management, risk based monitoring, and data visualization), and type of end-user(s) (healthcare industry, pharmaceutical industry, and government organizations).
  • A detailed competitiveness analysis of blockchain technology providers based on supplier strength (in terms of the years of experience), portfolio diversity (in terms of type of drug development application(s), application(s) within clinical trial management and type of end-user(s)), and portfolio strength (in terms of type of blockchain(s)).
  • Elaborate profiles of key players providing blockchain platforms for drug discovery applications. Each profile includes a brief overview of the company, financial information (if available), details on application areas of proprietary platform, recent developments and an informed future outlook.
  • A detailed analysis of recent partnerships inked between stakeholders engaged in this domain, since 2017, based on several relevant parameters, such as year of partnership, type of partnership, most active players (in terms of number of partnerships and type of partnership), type of drug development applications, type of partner, regional analysis, intercontinental and intracontinental agreements.  
  • A detailed review of over 500 peer-reviewed, scientific articles focused on blockchain in the pharmaceutical industry, based on several relevant parameters, such as year of publication, type of article, popular publishers, popular copyright holders and keywords. The chapter also highlights the top journals, in terms of number of articles published and impact factor.
  • A discussion on affiliated trends, key drivers, and challenges under a SWOT framework, featuring a Harvey ball analysis, highlighting the relative impact of each SWOT parameter on the overall blockchain in drug discovery and clinical trials market.
  • A case study highlighting the applications of blockchain across various industries, such as healthcare, banking and financial, automotive, education, telecom, transportation and travel industries, and its likely evolution in the foreseen future.

One of the key objectives of the report was to estimate the current opportunity and future growth potential of blockchain in drug discovery and clinical trials market over the coming years. We have provided informed estimates on the likely evolution of the market for the period, 2023-2035. Our year-wise projections of the current and future opportunity have further been segmented based on relevant parameters, such as type of blockchain (public blockchain, private blockchain, hybrid blockchain, and other blockchains), type of end-user (hospitals, pharmaceutical industry, research institutes and academic institutes) and key geographical regions (North America, Europe, Asia-Pacific, and Rest of the world). In order to account for future uncertainties associated with some of the key parameters and to add robustness to our model, we have provided three market forecast scenarios, namely conservative, base, and optimistic scenarios, representing different tracks of the industry’s evolution.

The opinions and insights presented in the report were influenced by discussions held with stakeholders in this domain. The report features detailed transcript of interview held with the industry stakeholders.

All actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this report are in USD, unless otherwise specified.

Frequently Asked Questions

Question 1: What is the growth rate of blockchain market focusing on drug discovery and clinical trials?
Answer: The blockchain market focusing on drug discovery and clinical trials is expected to grow at an annualized rate of 22% between 2023 to 2035.

Question 2: Which region will lead the blockchain market focusing on drug discovery and clinical trials?
Answer: North America and Asia-Pacific are anticipated to capture over 65% of the market share by 2035. The market in Europe is likely to grow at a relatively faster pace in the long term. 

Question 3: Which segment, in terms of type of blockchain, dominate the blockchain market focusing on drug discovery and clinical trials? 
Answer: Currently, private blockchain dominates the blockchain market in drug discovery and clinical trials. However, in the foreseen future, public blockchain is expected to drive the market. 

Question 4: Which segment, in terms of type of end-user, accounts for the largest share in the blockchain market focusing on drug discovery and clinical trials?
Answer: Pharmaceutical industries and Academic Institutes are anticipated to capture around 60% of the market share by 2035. In addition, the market for hospitals is likely to grow at a relatively faster pace, in the long term.

Question 5: What kind of partnership models are most commonly being adopted by stakeholders engaged in this domain?
Answer: Platform utilization emerged as the most popular type of partnership model adopted by players engaged in providing blockchain in drug discovery and clinical trials. This is followed by platform integration agreements and strategic alliances.

Contents

Table Of Contents

1. PREFACE
1.1. Scope of the Report
1.2. Market Segmentation
1.3. Research Methodology
1.4. Key Questions Answered
1.5. Chapter Outlines

2. EXECUTIVE SUMMARY

3. INTRODUCTION
3.1. Chapter Overview
3.2. Overview of Blockchain
3.2.1. Ethereum vs Hyperledger Fabric

3.3. Types of Blockchain
3.3.1. Permissionless or Public Blockchain
3.3.2. Permissioned or Private Blockchain
3.3.3. Federated or Consortium Blockchain

3.4. Applications of Blockchain Across Various Industries
3.5. Applications of Blockchain in Drug Discovery and Clinical Trials
3.6. Advantages and Limitations of Blockchain
3.7. Future Perspectives

4. MARKET OVERVIEW
4.1. Chapter Overview
4.2. Blockchain Technology Providers: Overall Market Landscape
4.2.1. Analysis by Year of Establishment
4.2.2. Analysis by Company Size
4.2.3. Analysis by Region of Headquarters
4.2.4. Analysis by Location of Headquarters
4.2.5. Analysis by Year of Establishment, Company Size, and Region of Headquarters
4.2.6. Analysis by Type of Blockchain(s)
4.2.7. Analysis by Type of Drug Development Application(s)
4.2.8. Analysis by Application(s) within Clinical Trial Management
4.2.9. Analysis by Type of End-User(s)
4.2.10. Analysis by Type of Blockchain and Type of End-User(s)
4.2.11. Analysis by Type of Blockchain and Type of Drug Development Application(s)

5. COMPANY COMPETITIVENESS ANALYSIS
5.1. Chapter Overview
5.2. Assumptions / Key Parameters
5.3. Methodology
5.4. Company Competitiveness Analysis: Blockchain Technology Providers based inNorth America (Peer Group I)
5.5. Company Competitiveness Analysis: Blockchain Technology Providers based inEurope (Peer Group II)
5.6. Company Competitiveness Analysis: Blockchain Technology Providers based inAsia Pacific and RoW (Peer Group III)

6. COMPANY PROFILES
6.1. Chapter Overview
6.2. Alten Calsoft Labs
6.2.1. Company Overview
6.2.2. Financial Information
6.2.3. Application Areas of Proprietary Platform
6.2.4. Recent Developments and Future Outlook

6.3. ConsenSys
6.3.1. Company Overview
6.3.2. Application Areas of Proprietary Platform
6.3.3. Recent Developments and Future Outlook

6.4. IBM
6.4.1. Company Overview
6.4.2. Financial Information
6.4.3. Application Areas of Proprietary Platform
6.4.4. Recent Development and Future Outlooks

6.5. Stratumn
6.5.1. Company Overview
6.5.2. Application Areas of Proprietary Platform
6.5.3. Recent Development and Future Outlook

6.6. Infosys
6.6.1. Company Overview
6.6.2. Financial Information
6.6.3. Application Areas of Proprietary Platform
6.6.4. Recent Developments and Future Outlook

6.7. Tech Mahindra
6.7.1. Company Overview
6.7.2. Financial Information
6.7.3. Application Areas of Proprietary Platform
6.7.4. Recent Developments and Future Outlook

6.8. Humanscape
6.8.1. Company Overview
6.8.2. Application Areas of Proprietary Platform
6.8.3. Recent Developments and Future Outlook

6.9. Hyperledger Foundation
6.9.1. Company Overview
6.9.2. Application Areas of Proprietary Platform
6.9.3. Recent Developments and Future Outlook

6.10. Innoplexus
6.10.1. Company Overview
6.10.2. Application Areas of Proprietary Platform
6.10.3. Recent Developments and Future Outlook

6.11. Medsphere
6.11.1. Company Overview
6.11.2. Application Areas of Proprietary Platform
6.11.3. Recent Developments and Future Outlook

6.12. Solulab
6.12.1. Company Overview
6.12.2. Application Areas of Proprietary Platform
6.12.3. Recent Developments and Future Outlook

7. PARTNERSHIPS AND COLLABORATIONS
7.1. Chapter Overview
7.2. Partnership Models
7.3 Blockchain in Drug Discovery and Clinical Trials: Recent Partnerships and Collaborations
7.3.1. Analysis by Year of Partnership
7.3.2. Analysis by Type of Partnership
7.3.3. Analysis by Year and Type of Partnership
7.3.4. Analysis by Company Size and Type of Partnership
7.3.5. Most Active Players: Distribution by Number of Partnerships
7.3.6. Most Active Players: Distribution by Type of Partnership
7.3.7. Analysis by Type of Pharmaceutical Applications
7.3.8. Analysis by Type of Partner
7.3.9. Analysis by Geographical Region
7.3.9.1. Local and International Agreements
7.3.9.2. Intercontinental and Intracontinental Agreements

8. PUBLICATION ANALYSIS
8.1. Chapter Overview
8.2. Scope and Methodology
8.3. Blockchain Technology in Pharmaceutical Industry: Recent Publications
8.3.1. Analysis by Year of Publication
8.3.2. Analysis by Type of Article
8.3.3. Popular Journals: Analysis by Number of Publications
8.3.4. Popular Publishers: Analysis by Number of Publications
8.3.5. Popular Copyright Holders: Analysis by Number of Publications
8.3.6. Analysis by Popular Keywords
8.3.7. Analysis by Impact Factor
8.3.8. Popular Journals: Analysis by Journal Impact Factor

9. SWOT ANALYSIS
9.1. Chapter Overview
9.2. Blockchain in Drug Discovery and Clinical Trials: SWOT Analysis
9.3. Comparison of SWOT Factors
9.3.1. Strengths
9.3.1.1. Transparency and Traceability
9.3.1.2. Cost Reduction and Data Integrity
9.3.1.3. Safe and Secure Transactions
9.3.1.4. Patient Data Management

9.3.2. Weaknesses
9.3.2.1. Implementation Expense
9.3.2.2. Storage
9.3.2.3. Immutability of Data
9.3.2.4. High Energy Consumption

9.3.3. Threats
9.3.3.1. Blockchain is Prone to Cyber Attacks
9.3.3.2. Scalability
9.3.3.3. Lack of Regulations Issued by Legal Authorities

9.3.4. Opportunities

10. CASE STUDY: APPLICATIONS OF BLOCKCHAIN IN HEALTHCARE AND OTHER INDUSTRIES
10.1. Chapter Overview
10.2. Applications of Blockchain Across Various Industries
10.2.1 Blockchain in Healthcare
10.2.2. Blockchain in Banking and Financial Industry
10.2.3. Blockchain in Automotive Industry
10.2.4. Blockchain in Education
10.2.5. Blockchain in Telecom Industry
10.2.6. Blockchain in Transportation
10.2.7. Blockchain in Travel Industry

11. MARKET FORECAST AND OPPORTUNITY ANALYSIS
11.1. Chapter Overview
11.2. Forecast Methodology and Key Assumptions
11.3. Blockchain in Drug Discovery and Clinical Trials Market, 2023-2035
11.4. Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of Blockchain, 2023 and 2035
11.4.1. Blockchain in Drug Discovery and Clinical Trials Market for PublicBlockchain, 2023-2035
11.4.2. Blockchain in Drug Discovery and Clinical Trials Market for PrivateBlockchain, 2023-2035
11.4.3. Blockchain in Drug Discovery and Clinical Trials Market for HybridBlockchain, 2023-2035
11.4.4. Blockchain in Drug Discovery and Clinical Trials Market for Others,2023-2035

11.5. Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of End-User, 2023 and 2035
11.5.1. Blockchain in Drug Discovery and Clinical Trials Market for Hospitals, 2023-2035
11.5.2. Blockchain in Drug Discovery and Clinical Trials Market forPharmaceutical Industry, 2023-2035
11.5.3. Blockchain in Drug Discovery and Clinical Trials Market for Research Institutes, 2023-2035
11.5.4. Blockchain in Drug Discovery and Clinical Trials Market for Academic Institutes, 2023-2035

11.6. Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Key Geographical Regions, 2023 and 2035
11.6.1. Blockchain in Drug Discovery and Clinical Trials Market in NorthAmerica, 2023-2035
11.6.2. Blockchain in Drug Discovery and Clinical Trials Market in Europe,2023-2035
11.6.3. Blockchain in Drug Discovery and Clinical Trials Market in Asia-Pacific, 2023-2035
11.6.4. Blockchain in Drug Discovery and Clinical Trials Market in Rest of theWorld, 2023-2035

12. CONCLUDING REMARKS

13. EXECUTIVE INSIGHTS

14. APPENDIX 1: TABULATED DATA

15. APPENDIX 2: LIST OF COMPANIES AND ORGANIZATIONS

List Of Figures

Figure 2.1 Executive Summary: Overall Market Landscape
Figure 2.2 Executive Summary: Partnerships and Collaborations
Figure 2.3 Executive Summary: Publication Analysis
Figure 2.4 Executive Summary: Market Sizing and Opportunity Analysis
Figure 3.1 Historical Evolution of Blockchain Technology
Figure 3.2 Types of Blockchain
Figure 3.3 Applications of Blockchain Across Various Industries
Figure 3.4 Advantages and Limitations of Blockchain
Figure 4.1 Blockchain Technology Providers: Distribution by Year of Establishment
Figure 4.2 Blockchain Technology Providers: Distribution by Company Size
Figure 4.3 Blockchain Technology Providers: Distribution by Region of Headquarters
Figure 4.4 Blockchain Technology Providers: Distribution by Location of Headquarters
Figure 4.5 Blockchain Technology Providers: Distribution Year of Establishment, Company Size, and Region of Headquarters
Figure 4.6 Blockchain Technology Providers: Distribution by Type of Blockchain(s)
Figure 4.7 Blockchain Technology Providers: Distribution by Type of Drug Development Application(s)
Figure 4.8 Blockchain Technology Providers: Distribution by Application(s) within Clinical Trial Management
Figure 4.9 Blockchain Technology Providers: Distribution by Type of End-User(s)
Figure 4.10 Blockchain Technology Providers: Distribution by Type of Blockchain and Type of End-User(s)
Figure 4.11 Blockchain Technology Providers: Distribution by Type of Blockchain and Type of Drug Development Application(s)
Figure 5.1 Company Competitiveness Analysis: Blockchain Technology Providers based in North America (Peer Group I)
Figure 5.2 Company Competitiveness Analysis: Blockchain Technology Providers based in Europe (Peer Group II)
Figure 5.3 Company Competitiveness Analysis: Blockchain Technology Providers based in Asia Pacific and RoW (Peer Group III)
Figure 6.1 Alten Calsoft Labs: Annual Revenues, 2018- H1 2022 (EUR Billion)
Figure 6.2 Alten Calsoft Labs: Application Areas of Proprietary Platform
Figure 6.3 ConsenSys: Application Areas of Proprietary Platform
Figure 6.4 IBM: Annual Revenues, 2018- H1 2022 (USD Billion)
Figure 6.5 IBM: Application Areas of Proprietary Platform
Figure 6.6 Stratumn: Application Areas of Proprietary Platform
Figure 6.7 Infosys: Annual Revenues, 2018- H1 2022 (USD Billion)
Figure 6.8 Infosys: Application Areas of Proprietary Platform
Figure 6.9 Tech Mahindra: Annual Revenues, 2018- H1 2022 (USD Billion)
Figure 6.10 Tech Mahindra: Application Areas of Proprietary Platform
Figure 7.1 Partnerships and Collaborations: Distribution by Year of Partnership, 2017-2022
Figure 7.2 Partnerships and Collaborations: Distribution by Type of Partnership
Figure 7.3 Partnerships and Collaborations: Distribution by Year and Type of Partnership
Figure 7.4 Partnerships and Collaborations: Distribution by Company Size and Type of Partnership
Figure 7.5 Most Active Partners: Distribution by Number of Partnerships
Figure 7.6 Most Active Players: Distribution by Type of Partnership
Figure 7.7 Partnerships and Collaborations: Distribution by Type of Pharmaceutical Applications
Figure 7.8 Partnerships and Collaborations: Distribution by Type of Partner
Figure 7.9 Partnerships and Collaborations: Distribution by Geographical Region
Figure 7.10 Partnerships and Collaborations: Local and International Agreements
Figure 7.11 Partnerships and Collaborations: Intercontinental and Intracontinental Agreements
Figure 8.1 Publication Analysis: Cumulative Year-wise Trend, 2016-2022
Figure 8.2 Publication Analysis: Distribution by Type of Article
Figure 8.3 Popular Journals: Distribution by Number of Publications
Figure 8.4 Popular Publishers: Distribution by Number of Publications
Figure 8.5 Popular Copyright Holders: Distribution by Number of Publications
Figure 8.6 Word Cloud: Key Focus Areas
Figure 8.7 Publication Analysis: Distribution by Impact Factor
Figure 8.8 Popular Journals: Distribution by Journal Impact Factor
Figure 9.1 Blockchain Technology in Pharmaceutical Industry: SWOT Analysis
Figure 9.2 SWOT Factors: Harvey Ball Analysis
Figure 10.1 Key Applications of Blockchain Across Various Industries
Figure 11.1 Blockchain in Drug Discovery and Clinical Trials Market, 2023-2035
Figure 11.2 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of Blockchain, 2023 and 2035 (USD Million)
Figure 11.3 Blockchain in Drug Discovery and Clinical Trials Market for Public Blockchain, 2023-2035 (USD Million)
Figure 11.4 Blockchain in Drug Discovery and Clinical Trials Market for Private Blockchain, 2023-2035 USD Million)
Figure 11.5 Blockchain in Drug Discovery and Clinical Trials Market for Hybrid Blockchain, 2023-2035 USD Million)
Figure 11.6 Blockchain in Drug Discovery and Clinical Trials Market for Other Blockchains, 2023-2035 (USD Million)
Figure 11.7 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of End-User, 2023 and 2035 (USD Million)
Figure 11.8 Blockchain in Drug Discovery and Clinical Trials Market for Hospitals, 2023-2035 (USD Million)
Figure11.9 Blockchain in Drug Discovery and Clinical Trials Market for Pharmaceutical Industry, 2023- 2035 (USD Million)
Figure 11.10 Blockchain in Drug Discovery and Clinical Trials Market for Research Institutes, 2023-2035 (USD Million)
Figure 11.11 Blockchain in Drug Discovery and Clinical Trials Market for Academic Institutes, 2023-2035 (USD Million)
Figure 11.12 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Key Geographical Regions, 2023 and 2035 (USD Million)
Figure 11.13 Blockchain in Drug Discovery and Clinical Trials Market in North America, 2023-2035 (USD Million)
Figure 11.14 Blockchain in Drug Discovery and Clinical Trials Market in Europe, 2023-2035 (USD Million)
Figure 11.15 Blockchain in Drug Discovery and Clinical Trials Market in Asia- Pacific, 2023-2035 (USD Million)
Figure 11.16 Blockchain in Drug Discovery and Clinical Trials Market in Rest of the World, 2023-2035 (USD Million)
Figure 12.1 Concluding Remarks: Blockchain Technology Providers: Market Landscape
Figure 12.2 Concluding Remarks: Partnerships and Collaborations
Figure 12.3 Concluding Remarks: Publication Analysis
Figure 12.4 Concluding Remarks: Market Sizing and Opportunity Analysis

List Of Tables

Table 4.1 List of Blockchain Technology Providers
Table 4.2 Blockchain Technology Providers: Information on Type of Blockchain(s)
Table 4.3 Blockchain Technology Providers: Information on Type of End-User(s)
Table 4.4 Blockchain Technology Providers: Information on Type of Drug Development Application(s)
Table 6.1 Blockchain in Drug Discovery and Clinical Trials: List of Companies Profiled
Table 6.2 Alten Calsoft Labs: Key Highlights
Table 6.3 Alten Calsoft Labs: Recent Developments and Future Outlook
Table 6.4 ConsenSys: Key Highlights
Table 6.5 ConsenSys: Recent Developments and Future Outlook
Table 6.6 IBM: Key Highlights
Table 6.7 IBM: Recent Developments and Future Outlook
Table 6.8 Stratumn: Key Highlights
Table 6.9 Infosys: Key Highlights
Table 6.10 Infosys: Recent Developments and Future Outlook
Table 6.11 Tech mahindra: Key Highlights
Table 6.12 Tech Mahindra: Recent Developments and Future Outlook
Table 6.13 Blockchain in Drug Discovery and Clinical Trials: List of Companies Profiled
Table 6.14 Humanscape: Key Highlights
Table 6.15 Humanscape: Application Areas of Proprietary Platform
Table 6.16 Humanscape: Recent Developments and Future Outlook
Table 6.17 Hyperledger Foundation: Key Highlights
Table 6.18 Hyperledger Foundation: Application Areas of Proprietary Platform
Table 6.19 Hyperledger Foundation: Recent Developments and Future Outlook
Table 6.20 Innoplexus: Key Highlights
Table 6.21 Innoplexus: Application Areas of Proprietary Platform
Table 6.22 Innoplexus: Recent Developments and Future Outlook
Table 6.23 Medsphere: Key Highlights
Table 6.24 Medsphere: Application Areas of Proprietary Platform
Table 6.25 Medsphere: Recent Developments and Future Outlook
Table 6.26 Solulab: Key Highlights
Table 6.27 Solulab: Application Areas of Proprietary Platform
Table 6.28 Solulab: Recent Developments and Future Outlook
Table 7.1 Blockchain in Drug Discovery and Clinical Trials: List of Partnerships and Collaborations, 2017-2022
Table 10.1 Blockchain Technology in Education: Application Scenarios
Table 14.1 Blockchain Technology Providers: Distribution by Year of Establishment
Table 14.2 Blockchain Technology Providers: Distribution by Company Size
Table 14.3 Blockchain Technology Providers: Distribution by Region of Headquarters
Table 14.4 Blockchain Technology Providers: Distribution by Location of Headquarters
Table 14.5 Blockchain Technology Providers: Distribution by Year of Establishment, Company Size, and Region of Headquarters
Table 14.6 Blockchain Technology Providers: Distribution by Type of Blockchain(s)
Table 14.7 Blockchain Technology Providers: Distribution by Type of Drug Development Application(s)
Table 14.8 Blockchain Technology Providers: Distribution by Application(s) within Clinical Trial Management
Table 14.9 Blockchain Technology Providers: Distribution by Type of End-User(s)
Table 14.10 Blockchain Technology Providers: Distribution by Type of Blockchain and Type of End-User(s)
Table 14.11 Blockchain Technology Providers: Distribution by Type of Blockchain and Type of Drug Development Application(s)
Table 14.12 Alten Calsoft Labs: Annual Revenues, 2018-H1 2022 (EUR Billion)
Table 14.13 IBM: Annual Revenues, 2018-H1 2022 (USD Billion)
Table 14.14 Infosys: Annual Revenues, 2018-H1 2022 (USD Billion)
Table 14.15 Tech Mahindra: Annual Revenues, 2018-H1 2022 (USD Billion)
Table 14.16 Partnerships and Collaborations: Distribution by Year of Partnership, 2017- 2022
Table 14.17 Partnerships and Collaborations: Distribution by Type of Partnership
Table 14.18 Partnerships and Collaborations: Distribution by Year and Type of Partnership, 2017-2022
Table 14.19 Partnerships and Collaborations: Distribution by Company Size and Type of Partnership
Table 14.20 Most Active Players: Distribution by Number of Partnerships
Table 14.21 Most Active Players: Distribution by Type of Partnerships
Table 14.22 Partnerships and Collaborations: Distribution by Type of PharmaceuticalApplications
Table 14.23 Partnerships and Collaborations: Distribution by Type of Partner
Table 14.24 Partnerships and Collaborations: Distribution by Geographical Region
Table 14.25 Partnerships and Collaborations: Local and International Agreements
Table 14.25 Partnerships and Collaborations: Intercontinental and Intracontinental Agreements
Table 14.26 Publication Analysis: Cumulative Year-Wise Trend, 2016-2022
Table 14.27 Publication Analysis: Distribution by Type of Article
Table 14.28 Popular Journals: Distribution by Number of Publications
Table 14.29 Popular Publishers: Distribution by Number of Publications
Table 14.30 Popular Copyright Holders: Distribution by Number of Publications
Table 14.31 Publication Analysis: Distribution by Impact Factor
Table 14.32 Popular Journals: Distribution by Journal Impact Factor
Table 14.33 Blockchain in Drug Discovery and Clinical Trials Market 2023-2035, Conservative, Base, and Optimistic Scenarios, 2023-2035 (USD Million)
Table 14.34 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of Blockchain, 2023 and 2035
Table 14.35 Blockchain in Drug Discovery and Clinical Trials Market for Public Blockchain, 2023-2035: Conservative, Base, and Optimistic Scenarios (USD Million)
Table 14.36 Blockchain in Drug Discovery and Clinical Trials Market for Private Blockchain, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.37 Blockchain in Drug Discovery and Clinical Trials Market for Hybrid Blockchain, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.38 Blockchain in Drug Discovery and Clinical Trials Market for Other Blockchains, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.39 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Type of End-User, 2023 and 2035
Table 14.40 Blockchain in Drug Discovery and Clinical Trials Market for Hospitals, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.41 Blockchain in Drug Discovery and Clinical Trials Market for Pharmaceutical Industry, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.42 Blockchain in Drug Discovery and Clinical Trials Market for Research Institutes, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.43 Blockchain in Drug Discovery and Clinical Trials Market for Academic Institutes, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.44 Blockchain in Drug Discovery and Clinical Trials Market: Distribution by Key Geographical Regions, 2023 and 2035
Table 14.45 Blockchain in Drug Discovery and Clinical Trials Market in North America, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.46 Blockchain in Drug Discovery and Clinical Trials Market in Europe, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.47 Blockchain in Drug Discovery and Clinical Trials Market in Asia- Pacific, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)
Table 14.48 Blockchain in Drug Discovery and Clinical Trials Market in Rest of the World, 2023-2035: Conservative, Base and Optimistic Scenarios, (USD Million)

List Of Companies

The following companies and organizations have been mentioned in the report:

  1. ACL Digital 
  2. Aculys Pharma 
  3. Akiri
  4. AME Publishing Company
  5. American Medical Association
  6. AOSIS
  7. APPII
  8. BioMed Central
  9. BlockCerts
  10. Blockchain BioPharma (also known as Blockchain Pharmaceuticals)
  11. Blockcube
  12. Blockpharma 
  13. Bloqcube
  14. Blue.cloud
  15. British Medical Association (BMA)
  16. BurstIQ
  17. Cardinal Health
  18. Chainlink
  19. CHR. Michelsen Institute (CMI)
  20. Chronicled 
  21. Clinical Supply Blockchain Working Group (CSBWG)
  22. Clinlogix (acquired by NAMSA)
  23. ClinTex
  24. ConsenSys
  25. ConsilX
  26. Coral Health
  27. Crucial Data Solutions
  28. Crystalchain
  29. Doc.AI 
  30. Elsevier 
  31. Embleema 
  32. Equideum Health
  33. EXOCHAIN
  34. Factom 
  35. FarmaTrust 
  36. FHIRBlocks (acquired by ConsenSys Health)
  37. Frontiers 
  38. Gem 
  39. Gilgamesh
  40. Guardtime
  41. Hashed Health
  42. HealthVerity
  43. Hindawi
  44. Humanscape
  45. Hyperledger Foundation
  46. Hypertrust Patient Data Care (HPDC)
  47. IBM 
  48. Infosys 
  49. Innoplexus 
  50. Institute of Electrical and Electronic Engineers (IEEE)
  51. Intel
  52. International Society of Global Health (ISoGH)
  53. International Trade Administration
  54. iSolve
  55. Jannsen
  56. Jireh Group
  57. Joule 
  58. LabCorp
  59. LEA LABS
  60. LedgerDomain
  61. LTO Network
  62. Luna
  63. Mary Ann Liebert
  64. Matrix Medical Communications
  65. Mayo Clinic
  66. MediBloc
  67. Medicalchain 
  68. MediConnect
  69. Medidata
  70. Medsphere
  71. MELLODDY
  72. Missouri State Medical Association
  73. modum 
  74. Multidisciplinary Digital Publishing Institute 
  75. National Academy of Medicine
  76. OCEASOFT
  77. ODEM
  78. PAREXEL
  79. PERSOWN 
  80. PharmaLedger
  81. Pistoia Alliance
  82. PokitDok
  83. Premier Blockchain Hub
  84. Quantoz
  85. SAGE Publishing
  86. SAP
  87. ServBlock
  88. Shivom
  89. Shyft Network
  90. Sichuan Hejia
  91. Social Science Electronic Publishing
  92. Society of Laparoscopic & Robotic Surgeons (SLS)
  93. SoluLab
  94. Sphereon
  95. Springer Publishing
  96. StaTwig
  97. Stratumn 
  98. SUSMED
  99. Systech International 
  100. Tada Cognitive Solutions
  101. Tech Mahindra
  102. The Academy of Medical Sciences
  103. TomoChain
  104. Tracekey Solutions
  105. Triall
  106. Ubiquity Press
  107. VeChain
  108. Wiley 
  109. World Health Organization

Source 1: https://www.researchgate.net/publication/343180596_Applications_of_Blockchain_Technology_in_Clinical_Trials_Review_and_Open_Challenges
Source 2: https://www.geeksforgeeks.org/advantages-and-disadvantages-of-blockchain/

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