Canada Blockchain Technology In Healthcare Market Size & Outlook
Canada blockchain technology in healthcare market, 2018-2030 (US$M)
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Canada blockchain technology in healthcare market highlights
- The Canada blockchain technology in healthcare market generated a revenue of USD 741.0 million in 2023 and is expected to reach USD 23,268.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 63.6% 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.
Blockchain technology in healthcare market data book summary
| Market revenue in 2023 | USD 741.0 million |
| Market revenue in 2030 | USD 23,268.3 million |
| Growth rate | 63.6% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| Fastest growing segment | Private |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 10.5% of the global blockchain technology in healthcare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. blockchain technology in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 23,268.3 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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Canada 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 43.23% in 2023. Horizon Databook has segmented the Canada blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
Blockchain technology is gaining traction within the healthcare landscape in Canada. The country has been progressively embracing this innovative technology to enhance various aspects of its healthcare system.
Organizations and institutions are exploring blockchain's capabilities to manage Electronic Health Records (EHRs) securely, streamline data sharing among healthcare providers, enhance drug supply chain security, and promote transparent healthcare transactions.
These startups are actively developing blockchain platforms and applications that focus on securely managing EHRs, ensuring drug traceability, enabling secure sharing of patient data, and enhancing the overall efficiency of healthcare operations. Canada has over 25 startups focused on blockchain technology for the healthcare sector.
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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 country-level data and insights on the Canada blockchain technology in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Canada blockchain technology in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada blockchain technology in healthcare market size, by network type, 2018-2030 (US$M)
Canada Blockchain Technology In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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