The Blockchain Technology in Healthcare Market is driving unprecedented data security and patient-centric interoperability across global care networks. Amid accelerating digital transformation in 2024 and 2025, cutting-edge consortia and permissioned ledgers are reshaping industry size and expanding industry share, setting the stage for major business growth.

Market Size and Overview

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.

This Blockchain Technology in Healthcare Market report highlights robust investment in pilot programs and cross-border data exchanges, with market revenue projections doubling by 2030. Current market trends include federated analytics, token-based consent frameworks and integrated EHR interoperability, all underscored in the latest market report and driving sustained market growth across clinical trials and supply chain use cases.

Investment Scenario

Venture capital interest in blockchain technology in healthcare market growth accelerated in H1 2025 with two notable Series B funding rounds. Embleema secured USD 20 Mn in April 2025 to scale its patient data marketplace, while Equideum Health closed a USD 25 Mn round in January 2025 to expand into Asia Pacific. IBM Lifescience allocated USD 50 Mn toward strategic M&A in decentralized trial infrastructure in 2025, underlining shifting market opportunities. Despite data privacy market challenges around HIPAA compliance, capital allocation is pivoting toward proof-of-concepts in population health management, signaling positive market dynamics and resilient market growth strategies for the remainder of the forecast.

Regional Opportunities

North America leads with 45% revenue share in 2024, propelled by the 21st Century Cures Act enabling greater interoperable exchanges. Europe’s new Digital Health Strategy (2025) and GDPR-aligned frameworks are unlocking pilot projects in Germany and France, driving a 30% surge in blockchain-enabled supply chain exports. Asia Pacific, notably India’s National Digital Health Mission expansion in late 2024, is forecasted to contribute the fastest CAGR in this market segment through 2032. Latin America sees emerging demand via Brazil’s Fiocruz partnerships, illustrating diverse market segments and regional market opportunities fueled by policy changes and infrastructure investments.

Key Players

• copyright: Launched a European hub in Dublin (2024), boosting cross-border clinical trial integration by 15%.
• Embleema: Expanded APAC operations in Q2 2025, partnering with a 10-hospital network to grow user base by 20%.
• Equideum Health: Formed Canada JV (2024) for vaccine traceability, increasing client engagements by 18%.
• IBM Lifescience: Invested USD 50 Mn in blockchain supply chain solutions (2025), improving trace-efficiency by 25%.
• MELLODDY: Rolled out federated analytics across 12 EU sites (2024), onboarding 30 pharma partners.
• Guardtime: Partnered with US Navy Medicine (2025) to secure health records across 50 bases.
• Hashed Health: Integrated blockchain claims processing for state Medicaid programs (2024), handling 10 M claims.
• BurstIQ: Established regional HQ in Singapore (2025), accelerating APAC project wins by 22%.
• Chronicled: Deployed SmartKey serialization in EU hospitals (2024), reducing drug copyright risk by 50%.
• PokitDok: Launched FHIR-blockchain module (2025), driving a 30% uplift in API adoption.
• MedicalChain: Entered Latin America (2024), achieving 15% revenue growth across 8 new networks.
• HealthVerity: Debuted tokenization platform (2025), securing consent workflows for 5 Mn patient records.

FAQs

1. Who are the dominant players in the blockchain technology in healthcare market?
Core vendors such as copyright, Embleema, Equideum Health, IBM Lifescience and MELLODDY lead with broad deployment in clinical trials, supply chain and patient data exchanges.

2. What will be the size of the blockchain technology in healthcare market in the coming years?
The market is projected to grow from USD 194.5 Mn in 2025 to USD 796.0 Mn by 2032 at a 22.0% CAGR, reflecting rising adoption of secure data ledgers.

3. Which end-user segment has the largest growth opportunity?
Clinical trials and pharmaceutical supply chain segments are expected to offer the largest growth, driven by regulatory mandates for traceability and interoperability.

4. How will market development trends evolve over the next five years?
Federated data analytics, tokenized consent frameworks and enterprise EHR integrations will dominate market trends, enabling scalable pilot programs and cross-institutional networks.

5. What is the nature of the competitive landscape and challenges?
The landscape is characterized by consortium-based models and specialized startups overcoming challenges in regulatory compliance and integration with legacy systems.

6. What go-to-market strategies are commonly adopted?
Strategic initiatives include regional hub establishments, partnerships with health authorities, joint ventures for proof-of-concepts and targeted M&A to accelerate market entry.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)