Asia Pacific Blockchain Technology In Healthcare Market Size & Outlook
Asia Pacific blockchain technology in healthcare market, 2018-2030 (US$M)
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Asia Pacific blockchain technology in healthcare market highlights
- The Asia Pacific blockchain technology in healthcare market generated a revenue of USD 1,441.5 million in 2023.
- The market is expected to grow at a CAGR of 63.5% from 2024 to 2030.
- In terms of segment, public was the largest revenue generating network type in 2023.
- Private is the most lucrative network type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,441.5 million |
| Market revenue in 2030 | USD 45,078.0 million |
| Growth rate | 63.5% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| Fastest growing segment | Private |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private, Public, Other Network Type |
| Key market players worldwide | International Business Machines Corp, Oracle Corp, UnitedHealth Group Inc, Patientory, iSolve, Solve.Care, burstIQ, Medicalchain |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global blockchain technology in healthcare market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 14,202.4 million by 2030.
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Blockchain Technology In Healthcare Market Scope
Blockchain Technology In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific blockchain technology in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blockchain technology in healthcare market will help companies and investors design strategic landscapes.
Public was the largest segment with a revenue share of 43.22% in 2023. Horizon Databook has segmented the Asia Pacific blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
Governments across Asia Pacific countries are increasingly interested in the potential of blockchain technologies and actively supporting its development through policy shifts & strategic initiatives. Japan, India, China, and Singapore stand out in their determined efforts to understand and utilize the capability of blockchain technology in the healthcare sector.
These nations have successfully unlocked significant benefits from this advanced technology through a series of strategic policy shifts and proactive initiatives. In January 2022, The Asian Development Bank (ADB) launched a project to enhance the efficiency and security of these transactions through blockchain technology.
ADB aimed to establish direct connectivity between central banks & security depositories in the ASEAN and three other regions through a dedicated blockchain network. This initiative was anticipated to transform the financial landscape and potentially extend its benefits to the healthcare sector in Asia Pacific.
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Our clientele includes a mix of blockchain technology in healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific blockchain technology in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific blockchain technology in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific blockchain technology in healthcare market size, by country, 2018-2030 (US$M)
Asia Pacific Blockchain Technology In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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