Blockchain-based Electronic Health Record Market Opportunities in Private Public and Consortium Blockchain Deployment

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Blockchain-based Electronic Health Record Market– (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)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

According to the latest research by InsightAce Analytic, the Blockchain-based Electronic Health Record Market is valued at USD 1.14 in 2024, and it is expected to reach USD 15.07 Bn by the year 2034, with a CAGR of 29.8% during the forecast period of 2025-2034.

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Blockchain technology enhances the privacy and security of electronic health records (EHRs) through its decentralized, tamper-resistant architecture. By distributing patient data across a secure, immutable ledger, it minimizes the risk of unauthorized access and data breaches, thereby safeguarding the confidentiality and integrity of sensitive health information. This decentralized framework grants patients greater control over their personal health data while enabling authorized healthcare providers to access records securely and in real time, supporting more efficient and coordinated care delivery.

The market for blockchain-enabled EHR systems is expanding, driven by the growing adoption of digital healthcare services, rising demand for secure and transparent data management solutions, and increased regulatory focus on healthcare data protection. Blockchain’s capacity to ensure record immutability fosters stakeholder confidence and mitigates vulnerabilities inherent in traditional centralized storage models. Furthermore, the industry’s emphasis on improving patient outcomes, enhancing operational efficiency, and reducing costs is accelerating the adoption and integration of blockchain-based EHR solutions within modern healthcare ecosystems.

List of Prominent Players in the Blockchain-based Electronic Health Record Market:

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

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Market Dynamics

Drivers:

One of the primary growth drivers for the blockchain-based electronic health records (EHR) market is the technology’s capacity to deliver secure, tamper-proof storage for sensitive medical information. Rising concerns over data breaches and cybersecurity threats are prompting healthcare organizations to adopt more resilient data protection solutions. Blockchain’s decentralized and immutable ledger structure safeguards patient records from unauthorized access and manipulation, with each transaction cryptographically validated and permanently documented. This ensures transparency, traceability, and trust throughout the healthcare ecosystem, addressing the growing demand for secure, efficient, and auditable health information systems.

Challenges:

Despite its strong potential, the adoption of blockchain-enabled EHR platforms is hindered by several notable challenges. The diversity of healthcare data systems and regulatory requirements across different regions creates significant barriers to developing standardized blockchain frameworks. The success of blockchain implementation relies on unified data standards and interoperable system architectures, both of which remain inconsistent on a global scale.

Additionally, deploying blockchain solutions often requires considerable investment in IT infrastructure, customization, and workforce training—costs that may be prohibitive for small and mid-sized healthcare providers. The absence of harmonized international regulations governing data privacy, ownership, and cross-border data exchange—such as those outlined in the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA)—further complicates compliance and could slow market adoption.

Regional Trends:

North America is projected to maintain its position as the leading market for blockchain-based EHR solutions, supported by advanced healthcare infrastructure, a favorable regulatory framework, and growing demand for secure, interoperable digital health systems. In the United States, initiatives aimed at enhancing data security and ensuring compliance with HIPAA are accelerating the adoption of blockchain technologies in healthcare networks.

Europe is expected to record the fastest growth during the forecast period, driven by rising investments in privacy-compliant digital health infrastructure. Countries including Germany, the United Kingdom, and Switzerland are actively implementing blockchain to improve patient data management and optimize clinical workflows. The region’s strong focus on digital transformation and adherence to strict regulatory standards is anticipated to further propel market expansion.

Recent Development:

• April 2025: IBM invested $150 billion over five years to accelerate technological innovation in the United States, including advancements in blockchain-based healthcare solutions. IBM's dedication to enhancing data security and interoperability in the healthcare sector is demonstrated by this initiative.
• July 2024: Google Cloud and Patientory worked together to integrate Patientory's blockchain-enabled health data management systems. Using scalable, secure cloud architecture to deliver patient-centered care is the aim.

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Segmentation of Blockchain-based Electronic Health Record Market-

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-

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

About Us:

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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