[Latest] Blockchain in Healthcare Market Size to Hit USD 61,111 Million at a CAGR of 71.10% by 2034 - Report by Zion Market Research (ZMR)

The global blockchain in healthcare market size is projected to reach USD 61,111 million by 2034 from its value of USD 832 million in 2024, at a CAGR of 71.10% during the forecast period.

NEW YORK, USA, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Blockchain in Healthcare Market By Network Type (Private, Public, and Others), By Application (Clinical Data Exchange & Interoperability, Claims Adjudication & Billing, Supply Chain Management, Clinical Trials & eConsent), By End-Use (Healthcare Providers, Healthcare Payers, Biopharmaceutical & Medical Device Companies, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034” in its research database.

“According to the latest research study, the global blockchain in healthcare market size was valued at around USD 832 million in 2024. The market is expected to grow at a CAGR of 71.10% and is anticipated to reach a value of USD 61,111 million by 2034.”

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Blockchain in Healthcare Industry Overview:

Blockchain in healthcare is a progressing technology that supports decentralized, immutable, and secure digital ledgers to enhance the management of medical data. It enables the secure sharing of patient records among healthcare providers, reduces fraud in domains such as insurance claims, supply chain tracking, and clinical trials, and enhances data integrity. The global blockchain in healthcare market is projected to witness substantial growth driven by the growing need for data security and privacy, rising adoption of electronic health records, and growing demand for efficient supply chain management. Healthcare data breaches are increasing worldwide, resulting in privacy concerns and financial losses. Blockchain’s encryption and decentralized architecture promise transfer and storage of sensitive patient data, fueling its adoption.

Although drivers exist, the global market is challenged by factors like high implementation and maintenance costs, as well as scalability challenges. Developing and maintaining blockchain networks for healthcare requires significant investment in infrastructure, training, and software, which restricts adoption in small providers.

Report Scope:

Report Attribute	Report Details
Market Size in 2024	USD 832 Million
Market Forecast in 2034	USD 61,111 Million
Growth Rate	CAGR of 71.10%
Base Year	2024
Forecast Years	2025- 2034
Key Companies Covered	Guardtime, PokitDok, Chronicled, Factom, Healthereum, Hashed Health, SimplyVital Health, Medicalchain, Solve.Care, Tierion, Patientory, Gem Health, Robomed Network, Health Wizz, Coral Health, and others.
Segments Covered	By Network Type, By Application, By End Use, and By Region
Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Customization Scope	Avail customized purchase options to meet your exact research needs.

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Key Insights

As per the analysis shared by our research analyst, the global blockchain in healthcare market is estimated to grow annually at a CAGR of around 71.10% over the forecast period (2025-2034)
In terms of revenue, the global blockchain in healthcare market size was valued at around USD 832.00 million in 2024 and is projected to reach USD 61111.67 million by 2034.
The blockchain in healthcare market is projected to grow significantly due to the increasing need to combat counterfeit drugs and healthcare fraud, the growing investment in healthcare IT infrastructure, and the rising awareness of data privacy and security.
Based on network type, the private segment is expected to lead the market, while the public segment is expected to grow considerably.
Based on application, the clinical data exchange & interoperability segment is the dominating segment. In contrast, the claims adjudication & billing segment is projected to witness sizeable revenue over the forecast period.
Based on end-use, the healthcare providers segment is expected to lead the market compared to the healthcare payers segment.
Based on region, North America is projected to dominate the global market during the estimated period, followed by Europe.

Industry Growth Factors

Administrative inefficiencies in claims processing, billing, and record-keeping cost the healthcare market billions yearly. Blockchain can automate verification, eliminate intermediaries, and reduce paperwork, significantly lowering operational costs. Deloitte predicts that blockchain adoption in healthcare may reduce administrative costs by nearly 30%, translating to billions of dollars in yearly savings. Recent pilot programs in the United States have adopted smart contracts for insurance claims, decreasing claim settlement time from weeks to just days. This cost-efficacy propeller is vital as healthcare providers experience pressure to enhance budgets while maintaining service quality, fueling the blockchain in healthcare market.

Patients expect simplified data portability; however, healthcare consent remains fragmented across various systems. The EU's European Health Data Space (EHDS) push in 2024 underscores the need for standardized and secure consent architectures. In the United States, ONC's information blocking norms and FHIR APIs enhance access, but government gaps remain in entities. Blockchain enables immutable consent records, revocations, and time-bound scopes, thereby offering patients control while ensuring compliance.

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Blockchain in Healthcare Market: Segmentation

The global blockchain in healthcare market is segmented based on network type, application, end use, and region.

Based on network type, the global blockchain in healthcare industry is divided into private, public, and others. The private blockchain segment holds a substantial market share due to its high security, compliance, and controlled access, as mandated by healthcare regulations such as GDPR and HIPAA. It permits only authorized participants, ensuring the secure storage of sensitive patient data while maintaining transparency in the network.

Based on application, the global blockchain in healthcare market is segmented as clinical data exchange & interoperability, claims adjudication & billing, supply chain management, and clinical trials & econsent. The clinical data exchange & interoperability segment holds the maximum market share since healthcare providers primarily need efficient and secure techniques to share patient records in labs, hospitals, and clinics.

Based on end-use, the global market is segmented as healthcare providers, healthcare payers, biopharmaceutical & medical device companies, and others. The healthcare providers segment captures a dominating share because of the growing need for interoperable, efficient, and secure management of patient records in hospitals, diagnostic centers, and clinics.

Regional Scope:

North America is likely to sustain its leadership in the blockchain in healthcare market due to advanced healthcare infrastructure, higher adoption of blockchain technology, and rising demand for secure data management. North America holds a well-established healthcare infrastructure with extensive adoption of electronic health records and digital health solutions. According to recent data, over 85% of hospitals in the United States have installed EHR systems, creating a strong foundation for blockchain integration. This improved infrastructure facilitates secure data exchange and improves patient care efficacy, fueling the industry growth.

Europe continues to secure the second-highest share in the blockchain in healthcare industry owing to rising digital healthcare adoption, growing focus on data security and privacy, and increasing demand for efficient healthcare operations. Europe has experienced substantial adoption of digital health solutions, comprising electronic health records, health applications, and telemedicine. Reports indicate that more than 70% of EU hospitals have installed EHR systems by 2024, creating a base for blockchain-based applications. This trend supports interoperability, secure data sharing, and enhanced patient care, fueling blockchain adoption in the region.

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Some of the main players in the global blockchain in healthcare market include;

Guardtime
PokitDok
Chronicled
Factom
Healthereum
Hashed Health
SimplyVital Health
Medicalchain
Solve.Care
Tierion
Patientory
Gem Health
Robomed Network
Health Wizz
Coral Health

The global blockchain in healthcare market is segmented as follows:

By Network Type

Private
Public
Others

By Application

Clinical Data Exchange & Interoperability
Claims Adjudication & Billing
Supply Chain Management
Clinical Trials & eConsent

By End Use

Healthcare Providers
Healthcare Payers
Biopharmaceutical & Medical Device Companies
Others

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America

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Key Questions Answered in This Report:

What is blockchain in healthcare?
Which key factors will influence the blockchain in healthcare market growth over 2025-2034?
What will be the value of the blockchain in healthcare market during 2025-2034?
What will be the CAGR value of the blockchain in healthcare market during 2025-2034?
Which region will contribute notably towards the blockchain in healthcare market value?
Which are the major players leveraging the blockchain in healthcare market growth?
What can be expected from the global blockchain in healthcare market report?

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