Blockchain Technology in Healthcare Market Report 2025 (Global Edition)

Global Blockchain Technology in Healthcare Market Report 2025 Market Size Split by Application (Supply chain management, Clinical Data Exchange & Interoperability, Claims Adjudication & Billing Manage...

Blockchain Technology in Healthcare Market Report Description

We have various report editions of Blockchain Technology in Healthcare Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

In January 2022, Avaneer Health secured further backing from several renowned healthcare institutions, receiving $50 million in startup funding. The health network is centered around blockchain technology, focusing on facilitating payer-to-payer data sharing, eligibility, and prior authorization. It leverages HL7's FHIR specification to enhance data accessibility across healthcare organizations. (Source:https://www.healthcareitnews.com/news/blockchain-built-avaneer-health-network-gets-50m-boost-aetna-cleveland-clinic-others)

Top Companies Market Share in Blockchain Technology in Healthcare Industry: (In no particular order of Rank)

• IBM (US)
• Microsoft (US)
• Guardtime (Estonia)
• PokitDok (US)
• Gem (US)
• Chronicled (US)
• iSolve (US)
• Hashed Health (US)
• Patientory (US)
• Factom (US)
• Proof.Work (UK)
• SimplyVital Health (US)
• FarmaTrust (UK)
• Blockpharma (France)
• Medicalchain (UK)
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Blockchain Technology in Healthcare Market

Which Region Dominates the Blockchain Technology in Healthcare Market in 2024?

According to Cognitive Market Research, In 2024, North America is expected to dominate the blockchain technology in healthcare market. This leadership is driven by robust adoption across the region, spurred by a highly developed healthcare infrastructure, strong regulatory support for technology innovation, and a significant number of blockchain startups and tech giants investing in healthcare solutions. The United States, in particular, stands out due to its large market size, early adoption of blockchain in healthcare applications, and a proactive approach to integrating emerging technologies into healthcare systems. Additionally, favorable government initiatives and increased funding for healthcare IT contribute to the region's dominance. North America's leadership in blockchain technology in healthcare is further bolstered by its advanced research capabilities and a growing emphasis on data security and interoperability within the healthcare ecosystem.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific region is witnessing the fastest expansion in the blockchain technology in healthcare market, with a significant Compound Annual Growth Rate (CAGR). This growth is primarily driven by rapid adoption of digital health technologies and supportive government initiatives aimed at modernizing healthcare infrastructure. Countries like China, India, and Japan are at the forefront of integrating blockchain into their healthcare systems to improve data security, interoperability, and patient outcomes. The region's large population base, increasing healthcare expenditures, and rising awareness about the benefits of blockchain are further fueling market growth. These factors collectively contribute to Asia-Pacific emerging as the leader in CAGR for blockchain technology in healthcare, offering substantial opportunities for market players and stakeholders alike.

The current report Scope analyzes Blockchain Technology in Healthcare Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Blockchain Technology in Healthcare Market Analysis

Blockchain Technology in Healthcare Market Application Segment Analysis

According to cognitive market research, among the various applications of blockchain technology in healthcare, supply chain management stands out as a dominant application. By leveraging blockchain, healthcare organizations can effectively trace the journey of pharmaceuticals and medical supplies throughout the supply chain, ensuring transparency, authenticity, and regulatory compliance. This is particularly crucial in combating the proliferation of counterfeit drugs, enhancing patient safety, and optimizing inventory management. Blockchain enables immutable and transparent records of every transaction and movement, from production to distribution, reducing the risk of fraud and ensuring the integrity of products. Furthermore, supply chain stakeholders benefit from increased efficiency, streamlined processes, and reduced costs, making supply chain management a cornerstone application driving the adoption of blockchain technology in the healthcare industry.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Blockchain Technology in Healthcare Industry. Request a Free Sample PDF!

End-User Segment Analysis of Blockchain Technology in Healthcare Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Blockchain Technology in Healthcare Market.

Some of the key End-User of Blockchain Technology in Healthcare are:

• Pharmaceutical Companies
• Healthcare Players
• Healthcare Providers
• Other End Users

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

LinkedIn

Profile

Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion