- Blockchain technology, enabling decentralized and tamper-proof data management, is becoming an essential asset in the healthcare sector by enhancing data security, improving interoperability, and reducing administrative inefficiencies across hospitals, payers, and pharmaceutical companies
- The growing demand for blockchain in healthcare is primarily fueled by rising concerns over data breaches, the need for secure health information exchange, and the push for transparent clinical trials and drug supply chain management
- North America dominated the blockchain for healthcare market with the largest revenue share of 42.1% in 2024, characterized by robust healthcare IT infrastructure, favorable regulatory initiatives, and early adoption of blockchain solutions by healthcare providers and insurers, particularly in the U.S., where emphasis on patient data ownership and interoperability is accelerating adoption
- Asia-Pacific is expected to be the fastest growing region in the blockchain for healthcare market during the forecast period due to increasing investments in healthtech, expanding digital health initiatives, and growing awareness about data privacy
- The supply chain management segment dominated the blockchain for healthcare market with a share of 39.2% in 2024, owing to its effectiveness in combating counterfeit drugs, enhancing traceability, and improving transparency across pharmaceutical logistics
