Blockchain's Potential in Healthcare: Market Analysis and Projections

The global blockchain in healthcare market size is estimated to be worth USD 58 million in 2023 and is expected to grow at compounded annual growth rate (CAGR) of 22%, during the forecast period.

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The conventional healthcare industry was plagued with various challenges, including fragmented medical records, lack of data integrity, interoperability issues, supply chain management inefficiencies and security breach of patient’s sensitive medical information.

 

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Blockchain in Healthcare Market, Size, Share, Trends, Growth and Forecast (2035)

The global blockchain in healthcare market size is estimated to be worth $58 million in 2023 and is expected to grow at compounded annual growth rate (CAGR) of 22%, during the forecast period