Global Blockchain Technology in Healthcare Market

Report Code: HLC252B

Publish Date: Jul 2022

Publisher: BCC Publishing

Category: Health Maintenance

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Report Highlights

The global market for blockchain technology in healthcare reached $386.8 million in 2021. The market is estimated to increase from $640.7 million in 2022 to $7.0 billion by 2027, at a compound annual growth rate (CAGR) of 61.1% from 2022 through 2027.

Report Includes

  • 43 data tables and 42 additional tables
  • An up-to-date review of the global markets for blockchain technology in healthcare industry
  • Analyses of global market trends, with historic market revenue data for 2021, estimates for 2022, 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Evaluation and forecast the market size for blockchain technology in healthcare, projected growth trends, and corresponding market share analysis by deployment mode, application, end-user, and geographic region
  • Technology assessment of the key drivers, restraints and opportunities that will shape this market over the next few years (2022 to 2027)
  • Description of blockchain technology applications in clinical trials, drug traceability, electronic health records (EHRs), precision medicine, and others including genomics research
  • In-depth information on increasing investments on R&D activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 implications on the progress of this market
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
  • Updated information on the key mergers and acquisitions, collaborations, partnerships, product launches, and other development strategies within the market for blockchain technology in healthcare
  • Comprehensive company profiles of the leading market players, including Coral Health Inc., doc.ai Inc., IBM Corp., Huawei Technologies Co. Ltd., Microsoft Corp., and Oracle Corp.

Report Scope

In this report, the market has been segmented based on deployment mode, end user, application, and geography. The report provides an overview of the global blockchain technologies in the healthcare market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022-2027. Market values have been estimated based on the total revenue of blockchain solution providers.

The report covers the market for blockchain about the user base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for blockchain in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes the blockchain development platform and associated services as well as services associated with the platform. However, cryptocurrency wallets and mobile applications developed in the blockchain platform, predeveloped blockchain applications, and physical services have been excluded from the study.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2027
Base year market size $386.8 million
Market size forecast $6.9 billion
Growth rate CAGR of 61.1% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered deployment mode, end user, application, and region
Regions covered North America, Europe, Asia-Pacific, and the Rest of the World
Countries covered U.S., Canada, Mexico, U.K., France, China, Singapore, Japan, Australia, South America, Middle East, and Africa
Key Market Drivers
  • Growing Investment In Blockchain Technology In The Healthcare Sector
  • Increasing Integration Of Ai In Healthcare
  • Increasing Frequency Of Breaches And Hacking Of Medical Data
  • Implementation Of Blockchain In The Pharmaceutical Supply Chain
  • Growing Adoption Of Patient-centric Ehrs In The Healthcare Sector
  • Continuous Product Launches Within The Healthcare Sector
Companies studied
ACCENTUREACCUMULATE
AUGUSTA HITECH SOFT SOLUTIONSBLOCKPHARMA
BITFURY HOLDING B.V.BURSTIQ LLC.
CHRONICLEDCONSILX
CORAL HEALTHCONSENSYS
DENTACOIN B.V.DOC.AI INC.
FARMATRUSTGAINFY
GEM HEALTHGUARDTIME
HASHED HEALTHHUAWEI TECHNOLOGIES CO. LTD.
IBM CORP.INFOSYS LTD.
INTEL CORP.INTELLECTSOFT LLC.
IRYO D.O.O.ISOLVE LLC.
MEDICALCHAIN SAMEDVICE ENTERPRISES BV
MEDX PROTOCOLMICROSOFT CORP.
ORACLEPOKITDOK INC.
QUEST DIAGNOSTICS INC.R3
SHIVOM VENTURES LTD.SIMPLYVITAL HEALTH INC.
SPIRITUS PARTNERS INC.SOLVE.CARE FOUNDATION OU
TATA CONSULTANCY SERVICES LTD.
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Blockchain Technology in Healthcare Market184Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview44Free
Chapter- 4: Market Breakdown by Deployment Mode11Free
Chapter- 5: Market Breakdown by End User15Free
Chapter- 6: Market Breakdown by Application13Free
Chapter- 7: Market Breakdown by Region39Free
Chapter- 8: Competitive Landscape4Free
Chapter- 9: Company Profiles44Free
Chapter- 10: Appendix: Acronyms2Free

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This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 85

  • Summary Table: Global Market for Blockchain Technology in Healthcare, by Region, Through 2027
  • Table 1: Development of Blockchain
  • Table 2: Largest Healthcare Data Breaches, 2020–2021
  • Table 3: Blockchain Applicability for Drug Supply Chain Security Act (DSCSA), Key Requirements
  • Table 4: Selected Companies Exploring Blockchain for Health Supply Chain Management
  • Table 5: Product Launches of Blockchain Technology in Healthcare, 2020
  • Table 6: Start-ups for Blockchain in Healthcare, by Firm Category
  • Table 7: Blockchain Companies in Patient Data Management
  • Table 8: Number of Recently Granted Patents, 2020–2022
  • Table 9: Porter's Five Forces Analysis: Overview
  • Table 10: Global Market for Blockchain Technology in Healthcare, by Deployment Mode, Through 2027
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Report Highlights

The global market for blockchain technology in healthcare applications should grow from $140.0 million in 2019 to $1.4 billion by 2024 at a compound annual growth rate (CAGR) of 58.2% during the forecast period, 2019-2024.

Report Includes

  • 36 data tables and 11 additional tables
  • A brief general outlook of the global market for blockchain technology in healthcare industry
  • Description of blockchain technology applications in clinical trials, drug traceability, electronic health records (EHR), precision medicine and others including genomics research
  • Assessment of the market dynamics and key technological developments in blockchain technologies, as well as identification of market trends, opportunities, and challenges such as stringent rules and regulations and security and privacy concerns affecting the market
  • Identification of companies that are considered as leaders in their field, as well as technological means these companies are using to exploit their markets and dominate the market in their fields
  • Examination of the competitive landscape and profile description of key stakeholders. Major players include BurstIQ LLC, Doc.ai Inc., Intellectsoft LLC, Medtronic PLC, and Quest Diagnostics Inc.

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Global Blockchain Technology in Healthcare Market
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