The global blockchain for healthcare data security market size was valued at USD 1.47 billion in 2024 and is expected to reach USD 7.85 billion by 2032, at a CAGR of 23.30% during the forecast period
The market growth is largely fueled by the growing adoption of digital health technologies and the increasing need for secure, tamper-proof healthcare data exchange across stakeholders such as hospitals, payers, pharmaceutical firms, and research organizations. Blockchain enables decentralized storage, immutable audit trails, and real-time verification, which address critical concerns related to data breaches, compliance, and patient privacy
Furthermore, rising demand for interoperable health systems, increasing incidences of healthcare cyberattacks, and the need for improved traceability in pharmaceutical supply chains are establishing blockchain as a vital technology for healthcare data security. These converging factors are accelerating the uptake of Blockchain for Healthcare Data Security solutions, thereby significantly boosting the industry's growth