Blockchain Technology in Healthcare Market is Segmented By Application (Drug Discovery, Clinical Tri...
Market Size in USD Mn
CAGR22.3%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 22.3% |
Market Concentration | High |
Major Players | ConsenSys, Embleema, Equideum Health, IBM Lifescience, MELLODDY and Among Others |
The blockchain technology in healthcare market is estimated to be valued at USD 194.5 Mn in 2025 and is expected to reach USD 796.0 Mn by 2032, growing at a compound annual growth rate (CAGR) of 22.3% from 2025 to 2032. Blockchain technology allows for more transparency and security in healthcare data management and transactions, which is the major factor driving increased adoption across the healthcare industry.
The market is expected to witness significant growth during the forecast period. Healthcare providers are increasingly investing in blockchain solutions to improve efficiencies related to insurance claims, medical records management and supply chain management. Adoption across different applications such as clinical data exchange and interoperability, claims adjudication and billing management, drug supply chain integrity is also growing.