Blockchain in Healthcare, has the potential to increase by more than 70% between 2020-2027

Blockchain in Healthcare, has the potential to increase by more than 70% between 2020-2027

According to Research and Markets, the global Blockchain in the healthcare market is likely to increase by more than 70% in 2020-2027.
The main reasons include the rapid growth and emergence of blockchain technologies in healthcare and pharmacy.

Blockchain in this industry can be divided by

  • Type
  • Application
  • Region
  • End user

“The integration of blockchain in healthcare finds application in drug supply chain management, clinical data exchange & interoperability, claims adjudication & billing management, and others.” writes Research and Markets

“In 2019, drug supply chain management segment accounted for the largest market share and is expected to register robust growth during the forecast period, backed by growing circulation of counterfeit drugs and strict rules & regulations by authorities such as DQSA and FMD in the US and Europe, respectively.” writes Research and Markets

Blockchain market is beginning to advance in the follow regions Asia-Pacific, North America, Europe, South America and the Middle East & Africa.

Last year, North America was the best and dominant region in adopting advanced healthcare technologies.

Let’s look at the most important and major companies that operate in the global blockchain market in healthcare:

  • IBM Corporation
  • Microsoft Corp
  • Accenture Plc
  • Pokitdok
  • Factom Inc
  • Healthereum
  • GuardTime
  • Proof.Work
  • Simplyvital Health
  • Farmatrust

Every year, however, we register emerging and new companies that want to advance and develop new technologies in healthcare.

Let us remember a few specific Blockchaines in the health sector:

BURSTIQ – Colorado Springs, Colorado
The BurstIQ blockchain platform enables health applications and services to incorporate complex data ownership, consent, and monetization

MEDICALCHAIN – London, England
Medicalchain uses blockchain technology to securely manage health records for a collaborative, smart approach to healthcare.

ROBOMED – Moscow, Russia
Robomeds Panacea platform engages patients into smart contracts that incentivize and lead them down the path to better health.

Even in the context of the current coronavirus situation, we are cheering and keeping our fingers crossed for all companies that invest and improve our healthcare and system.


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