Blockchain Technology in Healthcare Market, By Network Type, By Application, By End Use, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

REPORT HIGHLIGHT

Blockchain Technology in Healthcare Market size was valued at USD 7,102.98 Million in 2024, expanding to a CAGR of 63.90% from 2025 to 2032.

Blockchain Technology in Healthcare uses distributed ledger Application to securely manage health records, clinical data, medical supply chains, and other sensitive healthcare operations. It helps to enhance data security, transparency, and interoperability while reducing fraud and administrative inefficiencies.

Blockchain Technology in Healthcare Market- Market Dynamics

Growing demand for patient data security and interoperability in healthcare systems is expected to propel market demand

Rising need for the protection of sensitive patient information. With rising incidents of data breaches, ransomware attacks, and unauthorized access, healthcare organizations are looking to adopt advanced security technologies, boosting market growth. Blockchain offers end-to-end encryption, decentralized data storage, and tamper-proof ledgers, which ensure that patient records are secure, immutable, and traceable. The healthcare ecosystem includes hospitals, insurance companies, laboratories, pharmaceutical companies, and patients all using different platforms and systems to manage information. Healthcare fraud costs billions of dollars globally each year, stemming from false insurance claims, counterfeit medicines, identity theft, and billing scams.
Further, healthcare sector is shifting towards a patient-centric model that emphasizes personalized medicine, proactive health management, and patient ownership of medical records. Blockchain empowers patients by giving them control over who can access and share their data, increasing transparency and engagement. Governments and health authorities are increasingly supporting blockchain initiatives as part of digital health transformation strategies. Countries such as Estonia, UAE, USA, UK, and India have launched pilot projects or regulatory sandboxes to explore blockchain use in health records, vaccination systems, and disease surveillance. Blockchain also helps to streamline various back-end operations such as billing, claims processing, compliance auditing, thereby fueling Blockchain Technology in healthcare market growth.

Blockchain Technology in Healthcare Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 63.90% over the forecast period (2025-2032)
Based on Network Type segmentation, the public segment was predicted to show maximum market share in the year 2024, as it offers more transparency and security in healthcare sector.
Based on Application segmentation, the supply chain management segment was the leading Application segment in 2024, as it allows end to end solutions in medical services.
Based on End Use segmentation, the biopharmaceuticals segment was the leading End Use segment in 2024, enhancing efficiency & maintaining confidentiality in pharmaceutical sector.
On the basis of the region, North America held the largest revenue share in 2024, owing to presence of major companies in the U.S.

Blockchain Technology in Healthcare Market- Segmentation Analysis:

The Global Blockchain Technology in Healthcare Market is segmented on the basis of Network Type, Application, End Use, and Region.
The market is divided into two categories based on Network Type: private and public. The public segment dominates the market. Increasing demand for maintaining data security in healthcare operations is fueling segment demand.
The market is divided into three categories based on Application: supply chain management, clinical trials, and others. The supply chain management segment is expected to hold the largest share as a growing emphasis on efficient management healthcare.
The market is divided into four categories based on End Use: biopharmaceuticals, payers, providers, and others. The biopharmaceuticals segment holds the highest share of the End Use segment. Growing demand for enhanced security features & decentralized network is accelerating segment growth.

Blockchain Technology in Healthcare Market- Geographical Insights

Across the globe, the Blockchain Technology in Healthcare market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America is the largest market globally, driven by advanced healthcare infrastructure. Strong U.S. FDA regulations and need for patient security is supporting market growth. Asia Pacific is expected to dominate the global market driven by South Korea, China, Japan, etc. Latin America is anticipated to grow at a significant rate led by UAE, Saudi Arabia with rapid investments in private networks.

Blockchain Technology in Healthcare Market- Competitive Landscape:


Blockchain Technology in Healthcare market is moderately competitive in nature. Companies are collaborating with pharmaceutical companies to develop clinical trial solutions using blockchain technology. For example, Medicalchain developed a blockchain-based platform for storing electronic health records (EHR) in the U.K. Smaller market players are also collaborating with digital health startups for better telemedicine.


Recent Developments:

In June 2024, IBM collaborated with Pfizer to enhance data transparency and integrity to manage compliance.
In July 2024, Medtronic plc developed blockchain system for tracking medical device tracking.

SCOPE OF THE REPORT


The scope of this report covers the market by its major segments, which include as follows:

GLOBAL BLOCKCHAIN TECHNOLOGY IN HEALTHCARE MARKET KEY PLAYERS

Medtronic plc
IBM Corporation
Change Healthcare
Oracle Corporation
Microsoft Corporation
Guardtime
Patientory, Inc.
Medicalchain
Chronicled
Hashed Health
Solve.Care
BurstIQ
Equideum Health
Factom, Inc.
Blockpharma
MediLedger Network
Sharecare
Coral Health
Healthereum
Intellectsoft Healthcare
PokitDok
Others

GLOBAL BLOCKCHAIN TECHNOLOGY IN HEALTHCARE MARKET, BY NETWORK TYPE- MARKET ANALYSIS, 2019-2032

Supply chain management
Clinical trials
Others

GLOBAL BLOCKCHAIN TECHNOLOGY IN HEALTHCARE MARKET, BY APPLICATION- MARKET ANALYSIS, 2019-2032

Public
Private

GLOBAL BLOCKCHAIN TECHNOLOGY IN HEALTHCARE MARKET, BY END USE- MARKET ANALYSIS, 2019-2032

Biopharmaceuticals
Payers
Providers
Others

GLOBAL BLOCKCHAIN TECHNOLOGY IN HEALTHCARE MARKET, BY REGION- MARKET ANALYSIS, 2019-2032

North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA Show more