Blockchain Technology in Healthcare Market Size, Analysis, Key Segments, Share, Research Report and Forecast 2032 | CAGR of 68.1%

The global blockchain technology in healthcare market is expected to grow at a rate of 68.1%, from USD 1.19 billion in 2021 to 2029, due to rising data breaches and growing need for efficient health data management systems. The decentralised nature of blockchain technology enables secure patient data transactions among healthcare professionals, enhancing efficiency. However, lack of common standards could hinder market growth. Major market players include IBM Corporation, Change Healthcare, and Oracle.