The global blockchain in healthcare market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.5 Billion by 2028, exhibiting a growth rate (CAGR) of 49.3% during 2023-2028. More Info:- https://www.imarcgroup.com/blockchain-in-healthcare-market

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Global Blockchain in
Healthcare Market Research
and Forecast Report 2023-
2028
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Blockchain in Healthcare Market Research Report:
The latest report by IMARC, titled “Blockchain in Healthcare Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2023-2028” the global blockchain in healthcare market size
reached US$ 1.4 Billion in 2022.
Blockchain refers to a digitally distributed ledger technology (DLT) that can store information in a
secure and decentralized manner. Since the data is stored on a decentralized network, it is more
difficult for hackers to access and manipulate the information. It is employed in the healthcare sector
to track the trail of pharmaceutical supplies with optimal transparency, provide easy data access,
streamline the sharing of patient health information between different healthcare providers, and
reduce the need for duplicative tests and procedures. Blockchain further helps identify data errors,
ensure scalability, improve workflow and patient outcomes, and lower costs by increasing the
efficiency and security of healthcare data management. Blockchain is widely used across private and
public clinics, research centers, pharmaceutical companies, and hospitals to manage longitudinal
patient data.
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market/requestsample

4. Report Description
Report Description and Highlights
Global Blockchain in Healthcare Market Trends:
The significant growth of the healthcare industry, the adoption of Blockchain-as-a-Service (BaaS), and the increasing
demand for secure and interoperable data management platforms are primarily driving the market growth. Besides
this, the expanding popularity of telehealth and remote patient monitoring, widespread implementation of electronic
health records (EHRs), and the surging occurrences of data breaches and drug counterfeiting are impelling the market
growth. Moreover, the escalating need for better supply chain management solutions is propelling the demand for
blockchain technology to provide transparency and traceability of pharmaceuticals and medical devices, which, in
turn, is contributing to the market growth. In addition to this, ongoing research and development (R&D) activities to
engineer advanced solutions that eliminate the involvement of third parties and the rising user awareness regarding
multiple product usage are strengthening the market growth.
Concurrent with this, the proliferation of various wearable medical devices, cryptography, and medical examination
solutions and the large-scale integration of the internet of things (IoT) are creating a positive outlook for the market.
Furthermore, the increasing focus on patient-centric care, rising healthcare costs, rapid advancements in precision
medicine and healthcare data analytics, and the expanding product utilization across clinical trials to improve trial
efficiency, reduce costs, and improve data security are aiding in market expansion. Looking forward, the market value
is projected to reach US$ 16.5 Billion by 2028, expanding at a CAGR of 49.3% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).

5. Report Description
Report Description and Highlights
Market Summary:
Breakup by Network Type:
• Private
• Public
• Others
Breakup by Application:
• Supply Chain Management
• Data Exchange and Interoperability
• Claims Adjudication and Billing Management
• Others
Breakup by End Use:
• Healthcare Providers
• Healthcare Payers
• Biopharmaceutical & Medical Device Companies
• Others

6. Report Description
Report Description and Highlights
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others

7. Report Description
Report Description and Highlights
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

8. Competitive Landscape with Key Players:
• 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.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/blockchain-in-healthcare-
market
Report Description
Report Description and Highlights

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
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Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.

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