Blockchain in Healthcare Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Blockchain Technology in Healthcare Market Growth and it is segmented by Application (Clinical Data Exchange, Billing Management and Claims Adjudication, and Supply Chain Management) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.

Blockchain in Healthcare Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Blockchain in Healthcare Market Size

Blockchain Market in Healthcare Summary
Study Period 2021 - 2030
Market Size (2025) USD 5.50 Billion
Market Size (2030) USD 45.37 Billion
CAGR (2025 - 2030) 52.48 %
Fastest Growing Market North America
Largest Market North America
Market Concentration High

Major Players

Blockchain Market in Healthcare Major Players

*Disclaimer: Major Players sorted in no particular order

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Blockchain in Healthcare Market Analysis

The Blockchain Market in Healthcare Industry is expected to grow from USD 5.50 billion in 2025 to USD 45.37 billion by 2030, at a CAGR of 52.48% during the forecast period (2025-2030).

  • Permission-based and permissionless blockchains are the two primary blockchain types in the healthcare industry. Private blockchains, also known as permission blockchains, are only accessible to those who have been granted access and require prior authorization. These offer high levels of customizability, access controls, improved scalability, dependencies on governance, and more effective performance.
  • As we advance, the market for blockchain in healthcare is anticipated to develop due to the increasing acceptance of blockchain as a service (BaaS). Blockchain technology can be used in creative ways to solve problems in the healthcare industry, such as supply chain management, smart contracts, the privacy of individual health information, technical problems with data management, the ability to use different payment models, and tracking virus outbreaks.
  • Technological breakthroughs are considerably shaping blockchain in the healthcare business. The leading companies in the healthcare blockchain market are concentrating on developing cutting-edge technical solutions for the healthcare industry due to the increasing demand for blockchain technology and to increase their market position.
  • For instance, in May last year, the first genomic NFT, blockchain, was introduced by Nebula Genomics, a US-based personal genomics service provider with a privacy-focused business model. An exciting opportunity exists for an NFT because it is a one-of-a-kind and irreplaceable representation of a digital or physical object as well as the human genome.
  • One of the biggest challenges the healthcare industry faces is the need for more understanding and awareness of a trustworthy system. Most of the applications of blockchain are in the BFSI sector. Additionally, the media highlights the bad reputation of bitcoin, which discourages market expansion.

Due to the faster adoption of cutting-edge technologies like blockchain in the healthcare sector, the COVID-19 outbreak had a favorable effect on the growth of the global blockchain technology market. Lastly, many businesses support blockchain-based ventures in the healthcare sector to increase efficiency.

Blockchain in Healthcare Industry Overview

The blockchain market is limited due to the expertise required to implement new projects, thus creating a high entry barrier. The concentrated market allows enterprises to take advantage of specialized blockchain healthcare offerings from vendors like Gem, IBM, and Microsoft.

In February 2022, the Estonia-based healthcare company MAH Healthcare (Htax coin) is excited to announce the release of the HTrax currency as a step toward realizing its goal to integrate blockchain technology into the healthcare sector and digitize it. The HTrax coin is intended to power the healthcare system's digital economy and will offer incentives to diverse stakeholders. The HTrax coin is also a BEP20 standard coin that is highly safe and will be accessible to users on a number of exchanges.

Blockchain in Healthcare Market Leaders

  1. IBM Corporation

  2. Microsoft Corporation

  3. Patientory Inc.

  4. Guardtime Federal

  5. Hashed Health

  6. *Disclaimer: Major Players sorted in no particular order
IBM Corporation, Microsoft Corporation, Gem Patientory Inc,  Guardtime Federal.
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Blockchain in Healthcare Market News

  • January 2022 : Avaneer Health has received additional support from several prestigious healthcare institutions, providing the health network with USD 50 million in startup money. Based on blockchain technology, the network focuses on payer-to-payer data sharing, eligibility, and prior authorization while utilizing HL7's FHIR specification to increase data access among healthcare companies.
  • March 2022 : Nokia stated that Equideum Health had chosen it to assist in developing and delivering healthcare use cases. Equideum Health will employ Nokia's Data Marketplace (NDM) solution, which is available through its Software-as-a-Service (SaaS) architecture. Equideum Health, a leader in the healthcare and life sciences blockchain, will be able to launch new use cases.

Blockchain in Healthcare Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Introduction to Market Drivers and Restraints
  • 4.3 Market Drivers
    • 4.3.1 Increasing Data Breaches in Healthcare Industry is Driving the Market Growth
    • 4.3.2 Government Mandates Regarding Maintaining Medicine Quality is Increasing the Market Demand
  • 4.4 Market Restraints
    • 4.4.1 Lack of Awareness Regarding Blockchain Functionality is Hindering the Market Growth
  • 4.5 Industry Value Chain Analysis
  • 4.6 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Application
    • 5.1.1 Clinical Data Exchange
    • 5.1.2 Billing Management and Claims Adjudication
    • 5.1.3 Supply Chain Management
  • 5.2 By Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia-Pacific
    • 5.2.4 Latin America
    • 5.2.5 Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 IBM Corporation
    • 6.1.2 Microsoft Corporation
    • 6.1.3 Gem
    • 6.1.4 Patientory Inc.
    • 6.1.5 Guardtime Federal
    • 6.1.6 Hashed Health
    • 6.1.7 Factom Inc.
    • 6.1.8 iSolve LLC
    • 6.1.9 PokitDok Inc.
    • 6.1.10 Chronicled Inc.
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Blockchain in Healthcare Industry Segmentation

Blockchain in healthcare can help complex transactions, such as clinical supply chains and value-based reimbursements, bring transparency between several stakeholders. Considering the fast growth toward the development of more efficient and new healthcare record systems, medical examination systems, and wearable devices, cryptography is expected to be an integral part of the entire healthcare industry in the future. With the increased number of patients globally, managing health-related data is becoming a bottleneck for healthcare providers.

The Blockchain Market in Healthcare can be segmented by Application (Clinical Data Exchange, Billing Management and Claims Adjudication, and Supply Chain Management) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.

By Application Clinical Data Exchange
Billing Management and Claims Adjudication
Supply Chain Management
By Geography North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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Blockchain in Healthcare Market Research FAQs

How big is the Blockchain Healthcare Market?

The Blockchain Healthcare Market size is expected to reach USD 5.50 billion in 2025 and grow at a CAGR of 52.48% to reach USD 45.37 billion by 2030.

What is the current Blockchain Healthcare Market size?

In 2025, the Blockchain Healthcare Market size is expected to reach USD 5.50 billion.

Who are the key players in Blockchain Healthcare Market?

IBM Corporation, Microsoft Corporation, Patientory Inc., Guardtime Federal and Hashed Health are the major companies operating in the Blockchain Healthcare Market.

Which is the fastest growing region in Blockchain Healthcare Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Blockchain Healthcare Market?

In 2025, the North America accounts for the largest market share in Blockchain Healthcare Market.

What years does this Blockchain Healthcare Market cover, and what was the market size in 2024?

In 2024, the Blockchain Healthcare Market size was estimated at USD 2.61 billion. The report covers the Blockchain Healthcare Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Blockchain Healthcare Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Blockchain in Healthcare Industry Report

Statistics for the 2025 Blockchain in Healthcare market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Blockchain in Healthcare analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.