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Report ID: SQMIG35A2879
Report ID:
SQMIG35A2879 |
Region:
Global |
Published Date: July, 2024
Pages:
213
|
Tables:
90 |
Figures:
73
Blockchain in Healthcare Market Drivers
Enhanced Data Security
One of the primary drivers for adopting blockchain technology in healthcare is the need for enhanced data security. Blockchain's decentralized and immutable nature makes it highly resistant to data tampering and unauthorized access. It enables secure sharing and storage of healthcare data, protecting patient privacy and preventing data breaches. For example, MedRec is a blockchain-based electronic medical record system that ensures patient data integrity and security.
Restraints
Regulatory Challenges
The healthcare industry is heavily regulated, and the implementation of blockchain technology introduces new regulatory challenges. Compliance with existing data privacy and security regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), can be complex when integrating blockchain solutions. Ensuring compliance while leveraging the benefits of blockchain poses a significant restraint.
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Report ID: SQMIG35A2879