Blockchain-based Electronic Health Record Market Size, Share & Trends Analysis Report By Component (Software, Services, Hardware), By Deployment Mode (On-Premise, Cloud-Based, Hybrid), By Blockchain Type (Private, Public, Consortium, Others), By End-User (Hospitals and Clinics, Research Institutions, Pharmaceutical Companies, Patients, Insurance Providers)), by Region, And by Segment Forecasts, 2025-2034

Report Id: 3061 Pages: 180 Last Updated: 03 June 2025 Format: PDF / PPT / Excel / Power BI
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Global Blockchain-based Electronic Health Record Market Size is valued at USD 1.14 in 2024 and is predicted to reach USD 15.07 Bn by the year 2034 at a 29.8% CAGR during the forecast period for 2025-2034.

Blockchain-based Electronic Health Records (EHRs) utilize blockchain technology to securely store and manage patient data, thereby guaranteeing privacy, transparency, and control. Patients have the ability to authorize access, and all modifications are traceable and tamper-proof. It enhances interoperability and facilitates secure data sharing among healthcare providers. Some examples are MedRec, Patientory, and Medicalchain. Blockchain-based EHRs employ a decentralized ledger in contrast to conventional EHRs, which are based on centralized databases. Every transaction or alteration is recorded as a block, dated chronologically, and secured by encryption. This makes it extremely impossible to change or manipulate patient data covertly by guaranteeing data security, transparency, and immutability.

Blockchain-based Electronic Health Record Market

The market for blockchain-based electronic health records (EHRs) is expanding due to the rapidly growing demand for patient-centered, secure, and interoperable healthcare solutions. Traditionally, inefficiencies like data fragmentation, delayed upgrades, and security breaches have hampered EHR systems. By offering irreversible and decentralized data storage and enabling transparent and trustworthy data sharing across stakeholders, blockchain technology seeks to address these problems. Blockchain has become a popular solution due to the rise in cyberattacks on healthcare facilities and the increasing legal requirements for data security and interoperability (e.g., HIPAA, GDPR). Furthermore, the need for secure data transmission channels has been exacerbated by the rising adoption of digital health and telemedicine systems after COVID-19.

However, a significant upfront investment in IT infrastructure, system integration, and employee training is required to implement blockchain-based EHR systems; small healthcare providers may find this to be a difficult undertaking. Moreover, healthcare systems that allow people to control and manage their medical records are becoming increasingly popular. Blockchain makes it possible for anyone to safely access, track, and share their records—exactly what this new model calls for.

Competitive Landscape

Some Major Key Players In The Blockchain-based Electronic Health Record Market:

  • Medicalchain
  • IBM Corporation
  • Factom
  • Patientory
  • BurstIQ
  • Guardtime
  • Care
  • Healthereum
  • Chronicled
  • Change Healthcare
  • Hashed Health
  • ai

Market Segmentation:

The Blockchain-based Electronic Health Record market is segmented based on component, deployment mode, blockchain type, and end-user. Based on components, the market is segmented into Software, Services, and Hardware. Based on the deployment mode, the market is segmented into On-Premise, Cloud-Based, and Hybrid. By blockchain type, the market is segmented into Private, Public, Consortium, and Others. The end-user segment has Hospitals and Clinics, Research Institutions, Pharmaceutical Companies, Patients, and Insurance Providers.

Based On The Component, The Software Segment Is Accounted As A Major Contributor To The Blockchain-Based Electronic Health Record Market.

The software category is expected to hold a major global market share in 2024. The foundation of the electronic health record flow is software, which guarantees safe data sharing and storage. Because it automates processes, avoids compliance problems, and improves results, software is essential for clinics and hospitals. The segment's leadership has been solidified by the ongoing demand for scalable and adaptable EHR systems that integrate blockchain for enhanced security and interoperability. The software market is probably going to continue to lead in the near future as more healthcare systems use blockchain technology to move data securely.

Hospitals And Clinics Segment To Witness Growth At A Rapid Rate.

In the market for blockchain-based EHRs, hospitals and clinics are the most common end-user group. Large volumes of patient data are generated and managed by these organizations, necessitating the use of safe, compatible technology. Blockchain-based EHR systems provide clinics and hospitals with a safe and affordable way to handle electronic medical records, enhancing patient care coordination and reducing administrative expenses. These companies' increasing adoption of blockchain technology will maintain this market segment's dominance.

In The Region, The North American Blockchain-Based Electronic Health Record Market Holds A Significant Revenue Share.

The North American Blockchain-based Electronic Health Record market is expected to register the highest market share in revenue in the near future, fueled by Canada's and the United States' strong healthcare systems. Strong regulatory frameworks like HIPAA and North America's early acceptance of blockchain technology in healthcare have accelerated the development of blockchain-based EHR solutions. Blockchain solutions are in great demand in North America because healthcare professionals are keen to improve data security, interoperability, and patient privacy. In addition, Asia Pacific is projected to grow rapidly in the global Blockchain-based Electronic Health Record market. One of the main drivers of blockchain implementation in healthcare is the European Union's emphasis on data privacy through laws like GDPR. Blockchain is being considered by several European countries to enhance cross-border healthcare interoperability, manage patient consent, and facilitate secure data transmission. Additionally, to address problems like data fragmentation and inefficiency, the region's well-established healthcare systems are increasingly putting creative solutions into practice.

Blockchain-based Electronic Health Record Market Report Scope :

Report Attribute Specifications
Market Size Value In 2024 USD 1.14 Bn
Revenue Forecast In 2034 USD 15.07 Bn
Growth Rate CAGR CAGR of 29.8% from 2025 to 2034
Quantitative Units Representation of revenue in US$ Bn and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2025-2034
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Components, Blockchain Types, Deployment Modes, End Users.
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea
Competitive Landscape Medicalchain, IBM Corporation, Factom, Patientory, BurstIQ, Guardtime, Solve.Care, Healthereum, Chronicled, Change Healthcare, Hashed Health, and Doc.ai.
Customization Scope Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing And Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Blockchain-based Electronic Health Record Market-

Blockchain-based Electronic Health Record Market By Component-

  • Software
  • Services
  • Hardware

Blockchain-based Electronic Health Record Market

Blockchain-based Electronic Health Record Market By Deployment Mode-

  • On-Premise
  • Cloud-Based
  • Hybrid

Blockchain-based Electronic Health Record Market By Blockchain Type-

  • Private
  • Public
  • Consortium
  • Others

Blockchain-based Electronic Health Record Market By End-User-

  • Hospitals and Clinics
  • Research Institutions
  • Pharmaceutical Companies
  • Patients
  • Insurance Providers

Blockchain-based Electronic Health Record Market By Region-

North America-

  • The US
  • Canada

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Blockchain-based Electronic Health Record Market Size is valued at USD 1.14 in 2024 and is predicted to reach USD 15.07 Bn by the year 2034

Blockchain-based Electronic Health Record Market is expected to grow at a 29.8% CAGR during the forecast period for 2025-2034.

Medicalchain, IBM Corporation, Factom, Patientory, BurstIQ, Guardtime, Solve.Care, Healthereum, Chronicled, Change Healthcare, Hashed Health, and Doc.

Components, Blockchain Types, Deployment Modes and End Users are the key segments of the Blockchain-based Electronic Health Record Market.

North America region is leading the Blockchain-based Electronic Health Record Market.
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