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Detailed Market Study on Europe Blockchain Technology in Healthcare Market Forecasts USD 79.3 Billion by 2035
Europe Blockchain Technology in Healthcare Market
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This surge is driven by the increasing demand for secure, interoperable, and patient-centric data exchange, enhanced fraud detection, cost optimization, and regulatory compliance.
📊 Segmentation: Unlocking the Value Across Healthcare Segments
🔹 By Network Type
Private Blockchain - Ideal for hospitals, insurers, and research centers needing strict access control
Public Blockchain - Employed in areas like research transparency and decentralized health data platforms
Others - Includes hybrid models combining control and accessibility
🔹 By Application
Clinical Data Exchange & Interoperability - Enhances real-time access while securing patient records
Claims Adjudication & Billing - Reduces fraud, automates verification, and expedites reimbursements
Supply Chain Management - Tracks pharmaceutical products and devices from production to delivery
Clinical Trials & eConsent - Enables tamper-proof consent and transparent data sharing
Others - Includes identity management, drug development, and personalized health records
🔹 By End Use
Healthcare Providers - Hospitals and clinics using blockchain for secure records and workflows
Payers - Insurance firms automating billing and claim validation
Biopharmaceutical & Medical Device Companies - Enhancing transparency and traceability
Others - Government agencies, research institutions, and NGOs
🌍 Regional Adoption Insights: Europe at the Forefront of Digital Health Transformation
Europe is emerging as a pioneering region for blockchain in healthcare, with support from the EU Blockchain Observatory and European Commission initiatives on digital health.
Key countries advancing adoption include:
Germany - Strong focus on data protection and decentralized electronic health records (EHR)
France and the Nordics - Rapid growth in blockchain use for clinical trials and hospital billing systems
UK - Driving innovation through blockchain-based supply chain platforms in NHS partnerships
🚀 Market Trends and Growth Drivers
🔸 Data Interoperability and GDPR Compliance
Blockchain ensures decentralized control, auditability, and encryption-critical for GDPR compliance, especially when handling sensitive health data across providers and borders.
🔸 Digital Health Infrastructure Modernization
Healthcare systems in Europe are modernizing toward value-based care, requiring trustworthy data infrastructure that supports real-time updates, smart contracts, and access control.
🔸 Growth in Telemedicine and eHealth Platforms
Post-pandemic digital health growth fuels the need for secure remote identity verification, teleconsultation audit trails, and tamper-proof ePrescriptions, all supported by blockchain.
🔸 Rising Demand for Drug Traceability
Blockchain offers an immutable ledger to track pharmaceuticals and medical devices in the supply chain, helping prevent counterfeit drugs and supply chain fraud.
💬 Frequently Asked Business Questions (FAQs)
👉 What is blockchain in healthcare?
Blockchain is a decentralized ledger system that stores medical and administrative data securely and transparently. It enables real-time access, smart contract automation, and data immutability.
👉 Why is blockchain adoption rising in Europe's healthcare system?
Strict data privacy laws (GDPR)
Increased need for cross-border health data exchange
Demand for transparent clinical trials
Rising cyberattacks on healthcare infrastructure
👉 What are the benefits of blockchain for hospitals and clinics?
Streamlined patient onboarding and consent collection
Reduced manual paperwork and claim processing delays
Enhanced data integrity for diagnostics and treatments
Lower fraud risk and audit-readiness
👉 What are the biggest barriers to adoption?
Lack of standardization and interoperability
Initial technology integration costs
Regulatory uncertainty in some countries
Need for training and stakeholder awareness
👉 Is blockchain replacing EHR systems?
No. It complements EHRs by providing secure, decentralized data exchange, interoperability, and record verification while working alongside legacy health systems.
🏢 Key Players in the Europe Blockchain Technology in Healthcare Market
Leading companies are forming partnerships, improving platform usability, and investing in training and compliance frameworks to promote wide-scale adoption:
🌐 Top Companies
Genomes.io - Blockchain-powered genomic data storage
IRYO d.o.o. - Interoperable, decentralized EHR systems
IBM - Industry-leading enterprise blockchain solution
Medifakt - Blockchain for real-time patient monitoring
Embleema - Blockchain-based clinical trials and eConsent
Solve.Care - Decentralized healthcare coordination platforms
Beacon Medical Systems Ltd. - Regional interoperability and data exchange
Accentur e - Digital health transformation consultancy
Consensys Software Inc. - Ethereum-based solutions for health apps
Epillo Health Systems OÜ - Blockchain for connected diagnostics
Briya - Blockchain-enabled healthcare data marketplace
Oracle and Microsoft - Enterprise cloud platforms enabling blockchain in life sciences
These organizations are playing a crucial role in shaping secure, collaborative, and interoperable health data ecosystems across Europe.
📘 Download the Full Report or Request a Sample Copy:-https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5928
This report delivers deep insights on:
Market dynamics and forecasts
Competitive benchmarking
Regulatory landscape
Innovation trends
Strategic recommendations
Authored by:
Shweta R., Business Development Specialist at Prophecy Market Insights
This market intelligence is based on primary interviews with stakeholders, secondary research, and trend analysis across the digital health ecosystem.
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Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.
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