Global Blockchain Technology in Healthcare Market

Global Blockchain Technology in Healthcare Market Size Estimation, Share & Future Growth Trends Analysis, By Network Type (Private, Public, and Others), By Application (Clinical Data Exchange and Interoperability, Claims Adjudication and Biling, Supply Chain Management, Clinical Trials and eConsent), By End User (Providers, Payers, Biopharmaceutical and Medical Device Companies), and Regional Analysis 2022-2030

Region : Global | Format : PDF, Excel | Report ID : QR-120295 Share

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Frequently Asked Questions

The global blockchain technology in the healthcare market is expected to grow at a compound annual growth rate of 64.04% from 2022 to 2030 to reach USD 152.64 billion by 2030.

The global market of blockchain technology in healthcare was valued at USD 1.78 billion in 2021 and is expected to reach USD 2.91 billion in 2022.

Europe dominated blockchain technology in the healthcare market in 2021. This is due to the implementation of GDPR, as well as the rapid rise of blockchain technology.

Some of the key market players operating blockchain technology in healthcare in the market are IBM, PATIENTORY INC., Guardtime, iSolve, LLC, Solve.Care, Oracle, Change Healthcare, BurstIQ, Medicalchain SA, Blockpharma, Microsoft, Hashed Health, PokitDok, Gem and Others.

The rising incidence of information leaks and data breaches, as well as the growing need to address these issues, strategic initiatives by key players, high demand to reduce drug counterfeit, need for efficient health data management system, and rising investment in the development of efficient healthcare record system, wearable devices cryptography, and medical examination systems, are all driving the blockchain technology in healthcare market growth.