IMARC Group’s report titled “Blockchain in Healthcare Market Report by Network Type (Private, Public, and Others), Application (Supply Chain Management, Data Exchange and Interoperability, Claims Adjudication and Billing Management, and Others), End Use (Healthcare Providers, Healthcare Payers, Biopharmaceutical & Medical Device Companies, and Others), and Region 2025-2033”. offers a comprehensive analysis of the industry, which comprises insights on the global blockchain in healthcare market share. The global market size reached USD 2.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 52.6 Billion by 2033, exhibiting a growth rate (CAGR) of 36.34% during 2025-2033.

Factors Affecting the Growth of the Blockchain in Healthcare Industry:    

• Increasing Data Security and Privacy:

Blockchain creates a permanent record that cannot be altered or deleted. This protects patient records and sensitive data from tampering and unauthorized changes, which is crucial for preventing breaches and cyberattacks. Additionally, blockchain gives patients control over their health data. They can decide who sees their information and track its use, increasing transparency and trust in the management of their personal health information.

• Enhanced Transparency and Traceability:

Blockchain technology creates a permanent record of every transaction in the supply chain, from manufacturing to retail. This prevents counterfeit drugs from entering the market, ensures regulatory compliance, and enhances security. By tracking the journey of a drug, stakeholders can confirm its authenticity and check for tampering. Additionally, blockchain enables a secure, immutable ledger of medical records, accessible only to authorized personnel. This improves tracking of changes and ensures that patient histories are accurate and complete.

• Smart Contracts for Automation:

Smart contracts automatically process insurance claims when conditions are met. This eliminates middlemen and reduces human error. As a result, claims are settled faster and more accurately. This reduces costs and increases patient satisfaction. In healthcare, smart contracts also streamline drug payments. When shipments meet conditions such as temperature and time, payments are automatically triggered. This ensures timely transactions and reduces the risk of fraud.

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Leading Companies Operating in the Global Blockchain in Healthcare Industry:

• Akiri Inc.
• Blockchain Ai Solutions Ltd.
• Blockpharma
• BurstIQ Inc.
• Chronicled Inc.
• Guardtime
• Hashed Health
• International Business Machines Corporation
• iSolve LLC
• Oracle Corporation
• Patientory Inc.
• Proof.Works
• Sirma Group Holding.

Blockchain in Healthcare Market Report Segmentation:   

By Network Type:  

• Private
• Public
• Others

Public represents the largest segment due to its inherent characteristics of transparency, decentralization, and security.

By Application: 

• Supply Chain Management
• Data Exchange and Interoperability
• Claims Adjudication and Billing Management
• Others

Supply chain management accounts for the majority of the market share as it plays a vital role in ensuring the integrity, transparency, and efficiency of the supply chain processes.

By End Use: 

• Healthcare Providers
• Healthcare Payers
• Biopharmaceutical & Medical Device Companies
• Others

Biopharmaceutical and medical device companies hold the biggest market share owing to the critical need for enhanced security, transparency, and efficiency in managing complex data and supply chains.

Regional Insights: 

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America enjoys the leading position in the blockchain in healthcare market on account of a highly developed healthcare infrastructure and a strong presence of major technology companies investing in blockchain technology.

Global Blockchain in Healthcare Market Trends:  

Blockchain is increasingly being integrated with IoT devices and wearables. These devices generate a huge amount of data, which requires secure storage. Blockchain ensures that this data remains intact and secure.

Furthermore, there is a shift towards solutions that are focused on patients, giving them more control over their health data. With blockchain, patients can manage who can access their records. This ensures transparency and supports informed healthcare decisions.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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