Global blockchain in healthcare market to reach $18.94bn by 2034
Updated
Updated · Fortune Business Insights · May 8
Global blockchain in healthcare market to reach $18.94bn by 2034
14 articles · Updated · Fortune Business Insights · May 8
The market was valued at $2.49bn in 2025 and is forecast to rise from $3.24bn in 2026 at a 24.72% CAGR, with North America leading.
Growth is driven by demand for secure data exchange, record integrity, claims automation and drug supply-chain traceability, while high implementation costs and limited standardisation remain key constraints.
Software, blockchain platforms, cloud deployment, data exchange applications, private networks and healthcare providers led 2025 segments, with IBM, Oracle, Guardtime and BurstIQ among notable players.
Will blockchain's high costs create a new digital divide, leaving smaller healthcare providers behind?
With quantum computing on the horizon, how can today's blockchain health data be secured against future threats?
How can 'immutable' blockchain records honor a patient's legal 'right to be forgotten' under privacy laws like GDPR?
Why Blockchain in Healthcare Growth Projections Vary from 24% to 69% CAGR: Key Drivers and Adoption Barriers Explained
Overview
Blockchain in healthcare is poised for rapid growth, but market projections vary widely due to differences in methodology, geographic data gaps, and evolving regulations like the EU's Health Data Space. Core applications address critical issues such as securing patient data, improving supply chain transparency, breaking down data silos, and combating fraud. However, adoption faces significant roadblocks including regulatory fragmentation, high costs, technical challenges, and a shortage of skilled professionals. Regionally, North America leads with strong infrastructure and investment, Asia-Pacific grows fastest driven by government initiatives and demographic pressures, while Europe proceeds cautiously under strict regulations. Despite challenges, broader implementations and AI integration are expected to drive mainstream adoption by 2030.