▪
As the number of transactions
▪
Compliance with existing
▪
Healthcare organizations may
increases, the blockchain
regulations, such as data privacy
already have their own legacy
network may experience slower
and security laws (e.g., GDPR in
systems and databases in place,
transaction processing times and
the European Union), can be
making it difficult to integrate
increased costs
challenging when implementing
them with blockchain solutions
▪
This scalability constraint could
blockchain solutions in
seamlessly
pose challenges in implementing
healthcare
▪
Standardization efforts and
blockchain solutions in large-
▪
Adapting regulations to
collaboration among
scale healthcare systems.
accommodate the unique
stakeholders are necessary to
characteristics of blockchain may
overcome these interoperability
require time and effort.
challenges.
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 33
Portugal Blockchain Technology in Healthcare Market Analysis 4. Competitive Landscape
4.1 Major Market Share
Revenue of Major players in Portugal
▪
Portugal Blockchain Technology in
Blockchain Technology in Healthcare Market ($ Mn)
Healthcare Market is a highly competitive
space, with many companies developing
Company10
and marketing Blockchain Technology in
Healthcare treatments
Company 9
▪
Some of the top companies in Portugal
Company 8
Blockchain Technology in Healthcare
Market based on revenue and market
Company 7
share include
▪
In order to obtain access to all of the
information that you are seeking, you will
Company 5
need to purchase the final report
▪
Final report will be comprehensive and
Company 3
detailed, and it will include data, analysis,
trends, and other relevant information
Company 2
related to the topic or subject matter of
interest
Company 1
XX
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 35
4.2 Key Company Profile
Key Note:
▪
Here is the list of top 10 companies which
will cover in the final report
1
Chronicled
▪
Each company will have slides for
2
Cybersynapse
o Overview
o Key details
3
Tonic App
o Offerings
o Name of products
4
UBQHEALTH
o Recent activities/ Press Coverage
5
o Distribution and Vendor Partners
Blockchain Portugal
o Mergers, Acquisitions and
6
SWORD Health
Collaboration
o Financials
7
Clinical Mind
▪
If there are specific companies that you
would like to be included in the report,
8
Blockbird Ventures
please let us know via email
▪
In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 36
4.2.1 Chronicled
▪
Executives
Chronicled is a global blockchain technology company
Founded in: 2014
▪ Chronicled offers a decentralized identity platform called
➢ Vinod Lakhani - CEO
HQ: California, United States
MediLedger, which is designed to enhance supply chain
integrity and visibility in the pharmaceutical industry
➢ Maurizio Greco - CTO & Co-
Type: Private
▪
Founder
MediLedger utilizes blockchain technology to enable secure and transparent tracking of pharmaceutical products from
➢ Eric Garvin - Head of Pharma
Revenue: $XX Bn
manufacturers to patients.
Solutions
▪ It helps prevent counterfeit drugs, ensures compliance with Website: www.chronicled.com/
➢ Haris Kamal - Chief Revenue
regulatory requirements, and enhances supply chain efficiency Officer
Services offered by chronicled
Recent Activity / Press Coverage
Supply chain management
▪ February 2022, Blockchain company Chronicled announced it received $8.3 Mn Asset tracking and traceability
in funding from True Global Ventures 4 Plus.
Product provenance and authentication
▪ Company developed the MediLedger Network, which helps automate processes in the pharmaceutical supply chain and beyond. Its members include Decentralized identity management
the major U.S. wholesalers and top manufacturers including Genentech, Pfizer, Bayer, Gilead and Amgen
Blockchain-based data security and privacy
Compliance and regulatory solutions
▪ May, 2023, MediLedger, the widely endorsed blockchain network for the life sciences industry, today announces its expansion into hospital systems, Transparency and visibility in supply chain operations
providing a ground-breaking solution that revolutionizes healthcare contract management and ensures accurate pricing across all sites
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 37
4.2.1 Chronicled (continued)
Partnerships Ecosystem
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 38
4.2.1 Chronicled (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
▪
AmerisourceBergen Partners with Chronicled to Optimize
Pharmaceutical Chargeback Accuracy Using Blockchain-
Powered Technology\
Partnership
-
April 2022
▪
Chronicled provides AB and industry partners with a shared,
AmerisourceBergen
decentralized infrastructure that offers real-time visibility and Partners with
contract updates to significantly reduce chargeback disputes and Chronicled
improve pricing accuracy
▪
Chronicled and Horizon Therapeutics Partner to Improve
Customer Management and Identity Alignment through
Blockchain
Partenership
-
October 2021
▪
Horizon will use the Mediledger Network to improve alignment on Chronicled
contract data that can then be used to automatically enforce partnership with
chargeback accuracy
Horizon Therapeutics
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 39
4.2.1 Chronicled (continued)
Revenues ($Bn), 2020-2030
▪
According to Chronicled 2022vfinancial
report, the company had XX Mn revenue
▪
Revenue generated by Roche in 2022
XX
XX
reflects the company's continued growth
and success in the healthcare industry
XX
▪
In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
▪
Final report will be comprehensive and
detailed, and it will include data, analysis,
Breakdown of Net Revenue by Segment, 2022
trends, and other relevant information
related to the topic or subject matter of
interest
1
2
3
4
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 40
4.2.2 Company 2
Solutions offered by Company
Founded in:
HQ:
Type:
Revenue:
Website:
Services
Recent Activity / Press Coverage
Drugs
Indications
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 41
4.2.2 Company 2 (continued)
Partnerships Ecosystem
Major Distribution Partners
Major Vendor Partners
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 42
4.2.2 Company 2 (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 43
4.2.2 Company 2 (continued)
Revenues ($Bn), 2020-2030
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
xx
xx
xx
report
▪
In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
availability
▪
In order to obtain access to all of the
Breakdown of Net Revenue by Segment, 2022
information that you are seeking, you will
need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
1
2
3
4
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 44
Portugal Blockchain Technology in Healthcare Market Analysis 5. Reimbursement Scenario
5.1 Reimbursement Regulation
Medicare and Medicaid together provide
The reimbursement scenario in the US Blockchain Technology in Healthcare health insurance coverage for more than
market is complex and can vary depending on the specific treatment, setting of care, and insurance coverage. Here are some key points to consider: 4 in 10 Americans
▪
Medicare:
o Medicare is a federal health insurance program for people aged 65 and Other Public
older, as well as people with certain disabilities or health conditions 1%
o Medicare covers many Blockchain Technology in Healthcare
Other Private
treatments, including chemotherapy, radiation therapy, and some 3%
Uninsured
9%
immunotherapies
Medicare
17%
o However, coverage can be subject to strict guidelines and restrictions, such as the requirement for prior authorization
▪
Medicaid:
o Medicaid is a joint federal-state program that provides health insurance for people with low incomes
Medicaid
and CHIP
o Medicaid coverage for Blockchain Technology in Healthcare treatments 21%
can vary by state, and may be subject to limits on the amount and type of treatment covered
▪
Private Insurance:
Employer-Sponsored
49%
o Private insurance coverage for Blockchain Technology in Healthcare treatments can also vary widely depending on the insurer and the specific policy
Health Insurance Coverage, 2022
o Some policies may have high out-of-pocket costs, such as deductibles and co-pays, while others may have more comprehensive coverage Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 46
5.1 Reimbursement Regulation (continued)
▪
Affordable Care Act:
o Affordable Care Act (ACA) includes provisions to help improve access to Blockchain Technology in Healthcare treatments by requiring insurers to cover certain preventive services, including Blockchain Technology in Healthcare screenings, without co-pays or deductibles
o It also includes protections for people with pre-existing conditions, such as Blockchain Technology in Healthcare
▪
Reimbursement for New Treatments:
o Reimbursement for new Blockchain Technology in Healthcare treatments can be a complex and lengthy process, as insurers and government programs often require evidence of safety and effectiveness before providing coverage o This can create challenges for companies developing and marketing new treatments
▪
Value-Based Care:
o There is a growing trend towards value-based care, which aims to improve outcomes and lower costs by focusing on the value of treatments rather than simply the volume of treatments o Value-based care models can include payment models that tie reimbursement to outcomes or performance metrics In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 47
5.1 Reimbursement Regulation (continued)
Coverage Penetration (% Total Population)
Source of Funding
Spend on Healthcare (%of Current Health Expenditure)
100%
100%
100%
100%
100%
0%
Government Expenditure
0%
xx
xx
xx
xx
xx
7%
Public Healthcare
44.
0%
8%
46.
47.
51.
51.
Private Health Insurance
Coverage
Out of Pocket
Private Coverage
9%
1%
6%
5%
5%
38.
37.
35.
32.
31.
Other
NA
NA
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Public healthcare coverage is provided by the government and includes programs like Medicare and Medicaid
6.3%
4.08%
5.1%
3.8%
2.2%
2.4%
3.6%
GDP Growth (yoy)
Medicare is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities 14.7%
11.3%
15.5%
7.5%
4.2%
NA
NA
HC Spend Growth (yoy)
Medicaid is a joint federal-state program that provides healthcare coverage to individuals with low income and limited resources
Reimbursement Market Trends
▪ Shift towards value-based care has been a significant trend in the US healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs
▪ This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 48
5.2 Reimbursement Process in Healthcare
The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule
▪
Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 49
5.3 Reimbursement Process in Healthcare
The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare FDA
provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a Market Authorization
service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service Private Payers
Public Payers
provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment Health Technology Assessment
provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other 1
2
3
payer reimburses the healthcare provider for the service provided, Coding
Coverage
Payment
based on the negotiated payment rates or fee schedule
Coding depends on availability code while coverage and
payment process decisions are made through an HTA.
Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 50
5.4 Reimbursement Process - Medicare
Medicare
▪ 100% population is covered under this scheme
Population Covered
▪ Citizen’s contribute to this scheme which then earns an interest. There is Basic Healthcare Sum (BHS) cap which limits the maximum contribution to an individuals Medicare account
Provider Restrictions/
Services can be claimed from Medicare-approved institutions only (14 public hospitals, 10 private hospitals, 7 public community centers, 1 private community Selection
center and over 100 surgery centers, Blockchain Technology in Healthcare centers, colonoscopy centers and screening centers)
▪ Medicines under SDL and MAF Plus can be bought from the money saved in this account
▪ Money can be also be claimed for antiretroviral drugs for HIV, Desferrioxamine drug for treatment of thalassemia and immuno-suppressant drugs for organ transplant
▪ Money from this account can be used to pay Medishield premiums and Integrated Shield Plan premiums, subject to withdrawal limits Services Covered
▪ Patients above 65 years of age can claim under Flexi-Medicare and further reduce their out-of-pocket expenses by using up to $200 per patient per year from their Medicare account
▪ Excluded: Traditional drugs such as Herbal and Ayurveda cannot be claimed from Medicare account; Drugs used for cosmetic purposes such as slimming pills and hair loss pills cannot be claimed from this account
▪ Approved chronic conditions and vaccinations, health screenings as outpatient treatments can be paid with Medicare up to $500 per account per year, however a cash copayment of 15% is applicable
▪ Inpatient hospitalization, up to $450 per day + surgical limits according to Table of Surgical Procedures
▪ Approved day surgeries up to $300 per day + surgical limits according to Table of Surgical Procedures Level of Coverage/ Assurance
▪ Outpatient scans/ diagnostics for Blockchain Technology in Healthcare up to $600 per year per patient, and up to $300 for other medical conditions
▪ Chemotherapy (includes analgesic medication and suppressive treatments such as neuroendocrine and nuclear medicine treatments) up to $1,200 per month per patient
▪ Renal Blockchain Technology in Healthcare up to $450 per patient per month
▪ Other treatments are also approved with various sub-limits for withdrawal
▪ DRG with Activity Based Funding for public providers
Mechanism of Coverage
▪ Block funding with DRG for providers not covered under ABF
Financial Feasibility
▪ The Basic Healthcare sum has been increased by more than 4.4% in 2017 on account of increasing costs of healthcare. This is an individual account Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 51
5.5 Reimbursement Process - Medicaid
Medicaid
▪ 38% population is covered under this scheme
Population Covered
▪ Medicare covers individuals who are aged 65 and older, as well as those with certain disabilities or end-stage renal disease Provider Restrictions/
Services can be claimed from Medicaid-approved institutions only (14 public hospitals, 10 private hospitals, 7 public community centers, 1 private community Selection
center and over 100 surgery centers, Blockchain Technology in Healthcare centers, colonoscopy centers and screening centers)
▪ Medicines under SDL and MAF Plus can be bought from the money saved in this account
▪ Money can be also be claimed for antiretroviral drugs for HIV, Desferrioxamine drug for treatment of thalassemia and immuno-suppressant drugs for organ transplant
▪ Money from this account can be used to pay Medishield premiums and Integrated Shield Plan premiums, subject to withdrawal limits Services Covered
▪ Patients above 65 years of age can claim under Flexi-Medicaid and further reduce their out-of-pocket expenses by using up to $200 per patient per year from their Medicaid account
▪ Excluded: Traditional drugs such as Herbal and Ayurveda cannot be claimed from Medicaid account; Drugs used for cosmetic purposes such as slimming pills and hair loss pills cannot be claimed from this account
▪ Approved chronic conditions and vaccinations, health screenings as outpatient treatments can be paid with Medicaid up to $500 per account per year, however a cash copayment of 15% is applicable
▪ Inpatient hospitalization, up to $450 per day + surgical limits according to Table of Surgical Procedures
▪ Approved day surgeries up to $300 per day + surgical limits according to Table of Surgical Procedures Level of Coverage/ Assurance
▪ Outpatient scans/ diagnostics for Blockchain Technology in Healthcare up to $600 per year per patient, and up to $300 for other medical conditions
▪ Chemotherapy (includes analgesic medication and suppressive treatments such as neuroendocrine and nuclear medicine treatments) up to $1,200 per month per patient
▪ Renal Blockchain Technology in Healthcare up to $450 per patient per month
▪ Other treatments are also approved with various sub-limits for withdrawal
▪ DRG with Activity Based Funding for public providers
Mechanism of Coverage
▪ Block funding with DRG for providers not covered under ABF
Financial Feasibility
▪ The Basic Healthcare sum has been increased by more than 4.4% in 2017 on account of increasing costs of healthcare. This is an individual account Illustrative
A Sample Report on Portugal Blockchain Technology in Healthcare Market Analysis I Confidential 52
Portugal Blockchain Technology in Healthcare Market Analysis 6. Methodology & Scope
▪
Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions
▪
We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources
▪
For forecasting, the following parameters are considered:
❑
Market drivers and restraints along with their current and expected impacts
❑
Technological scenario and expected developments
❑
End use industry trends and dynamics
❑
Trends in the consumer behavior
❑
Regulatory scenario and expected developments
❑
Current capacity and expected capacity additions up to 2030
▪
We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate
▪
We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions
▪
All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs)
▪
Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn)
Analysis Methodology
Our Analysis Methodology involves three critical stages:
Data
Market Data Analysis
Interpretation &
Collection
& Statistical Model
Presentation
Secondary
Analysis &
Market Trends
Research
Interpretation
Primary
Market Sizing &
Insights
Research
Analysis
Proprietary
Data Triangulation &
Presentation &
Database
Validation
Reporting
Data Triangulation & Data Validation
Top Down Approach
Final
Final Market size break up to
Market
rest of segmentation
Size
Validation from
Arriving at market size
Primary Interview
of each segment
Summarization of revenue
generated from companies
Validation from
to arrive at total market size
Primary Interview
Revenue generated by products &
Final
services offered by companies
Summary
Bottom Up Approach
Key Benefits for Stakeholders from this Report Study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets
Our tools provides stakeholders with a cohesive understanding of the industry outlook, considering the qualitative and quantitative industry variables
Comprehensive analysis of factors that drive and restrict the market growth is provided Comprehensive quantitative analysis of the industry from 2022 to 2030F is provided to enable the stakeholders to capitalize on the prevailing market opportunities
Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally Our rigorous data collection, thorough statistical analysis and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors
Time Frame
Report Attribute
Details
Quantitative Units
Revenue in USD Million/Billion (Mn/Bn)
Base Year for
2022
Estimation
Market Overview, Revenue Forecast, Market
Segmentation, Growth Factors and Trends,
Report Coverage
Company Profiles, Competitive Landscape,
Regulatory Landscape, Future Opportunities
Report Customization (3 to 5 working days)
with purchase. We will provide you with data
Customized Report
that is currently not a part of our scope as a
2023-
Forecast
