Blockchain-based Electronic Health Record Market for Hospitals, Clinics, and Pharma Companies: Trends & Forecasts

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 improves electronic health records' (EHRs') privacy and security. Its decentralized architecture makes it possible to store data in a safe, tamper-proof manner, thereby lowering the danger of data breaches and illegal access. Patients are empowered by this secure platform, which gives them control over their personal data while granting healthcare professionals safe and instant access when needed. Patients can take control of their health data management through the market, which also makes sure that medical professionals can easily and effectively access such data. By enabling the immutability of Ledger, it reduces data breaches & unauthorized access to patient information. The adoption of digital health services, the growing need for secure data management, and regulatory concerns about health data security are all driving the expansion of the Blockchain-based Electronic Health Record market. Additionally, the growing need to improve patient care and reduce healthcare costs propels the Blockchain-based Electronic Health Record industry advances.

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-
The capacity of blockchain technology to guarantee the safe and impenetrable storage of medical records is one of the key factors propelling the market for blockchain-based electronic health records. Data security breaches and cyber threats are major concerns. The Blockchain-Based Electronic Health Records Market would address these issues by implementing a decentralized and immutable ledger system that prevents unauthorized access or manipulation, making patient data completely safe from insider threats and cybercriminals. Because the health record is cryptographically sealed for every transaction or update, it is nearly impossible to change or manipulate past data. The pressing need for an improved data management system that maintains security and trust throughout the healthcare ecosystem, while offering transparency and auditability, is met by blockchain.

Challenges:
Significant regional and provider-specific variations exist in healthcare data systems and policies. Because blockchain technology depends on standardized data and technical frameworks that all parties can agree upon to work properly, this dispersion presents a significant obstacle to the Blockchain-based Electronic Health Record industry adoption. Additionally, putting blockchain-based EHR systems into place requires a large upfront investment in IT infrastructure, system integration, and employee training-the management of which may be difficult for small healthcare providers. The lack of comprehensive global legislative requirements in the healthcare blockchain presents problems for adoption and compliance, especially with regard to data ownership, privacy rules (such as GDPR or HIPAA), and international data interchange. Thus, this will limit the Blockchain-based Electronic Health Record market growth over the forecast period.

Regional Trends:
The North American Blockchain-based Electronic Health Record market is anticipated to register very large market share in terms of revenue. The need for safe, interoperable healthcare data solutions is also quickly expanding in North America's blockchain-based electronic health records sectors. In the United States, growth is more noticeably enhanced due to appropriate rules and improved healthcare infrastructure. Increased use of blockchain applications in the healthcare industry would significantly improve the security of data and HIPAA compliance. Besides, over the projection period, Europe is expected to increase at the fastest rate. Growing investments in blockchain technology by healthcare providers to provide safe and privacy-compliant infrastructure will continue to benefit the regional market. In order to enhance patient data management and expedite healthcare operations, blockchain technologies will also be used in Germany, the UK, Switzerland, and other top countries, expanding the European market.

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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.

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

Read Overview Report- https://www.insightaceanalytic.com/report/blockchain-based-electronic-health-record-market/3061

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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This release was published on openPR.