Blockchain Technology In Healthcare Market Size
Blockchain technology in healthcare market size was valued at USD 5.4 Billion in 2025 and is expected to reach USD 252.7 Billion by 2035, growing at a CAGR of 52.5%
Blockchain technology, a decentralized and secure digital ledger system, allows healthcare institutions, providers, and patients to exchange medical data in an unreadable and transparent way.
The advancement of blockchain technology in the healthcare market is being driven by several significant factors. First off, blockchain has emerged as an attractive answer to the growing requirement for safe and suitable data transmission since it offers a decentralized, impenetrable system for processing sensitive health data. This is particularly important given the rising incidence of data breaches and attacks in the healthcare sector. Additionally, blockchain increases supply chain transparency, which helps combat counterfeit drugs and ensures the legitimacy of pharmaceuticals. Additionally, by simplifying administrative processes such as billing and claims adjudication, the technology reduces errors and operational costs.