There are a few industries that have quickly adapted to new technologies like the cloud and blockchain.
One of them is the pharmaceutical industry. The security of the blockchain is very attractive to the pharmaceutical industry since it relies on security like few other industries do.
The nature of using a ledger that can’t be manipulated is at the heart of the blockchain technology that makes it so useful for the pharmaceutical industry.
According to the new market research report “Blockchain In Pharmaceutical - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Blockchain In Pharmaceutical market size is projected to reach USD 133.53 billion by 2029, at a CAGR of 64.8% during the forecast period.
Source: QYResearch, “Blockchain In Pharmaceutical - Global Market Insights and Sales Trends 2024”
Source: QYResearch, “Blockchain In Pharmaceutical - Global Market Insights and Sales Trends 2024”
The global key manufacturers of Blockchain In Pharmaceutical include IBM, SAP, Chronicled, Microsoft, Guardtime Federal, etc. In 2021, the global top four players had a share approximately 41.0% in terms of revenue.
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