Europe Blockchain Technology In Healthcare Market Size & Outlook
Europe blockchain technology in healthcare market, 2018-2030 (US$M)
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Europe blockchain technology in healthcare market highlights
- The Europe blockchain technology in healthcare market generated a revenue of USD 2,449.0 million in 2023.
- The market is expected to grow at a CAGR of 62.2% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,449.0 million |
| Market revenue in 2030 | USD 72,236.5 million |
| Growth rate | 62.2% (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, Europe region accounted for 34.8% 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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Europe 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 Europe blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
Europe holds a significant market share and is expected to maintain its position over the forecast period. Increasing adoption of the technology in countries, such as France, Germany, and the UK, are major factors leading to market growth. Several major company initiatives in Europe are significantly driving the market growth of blockchain technology in the healthcare sector.
IBM, Accenture, and Deloitte, among others, are actively involved in developing and implementing blockchain solutions in healthcare, demonstrating the technology's potential to enhance data security, streamline operations, and improve patient outcomes.
Its approach involves utilizing AI, machine learning, and blockchain within digital healthcare applications. Epillo Health Systems' integration of blockchain in healthcare represents a significant driver in advancing the market growth of blockchain technology within the healthcare sector, improving efficiency, security, & transparency in managing prescription drug plans & related healthcare services.
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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 Europe blockchain technology in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Europe blockchain technology in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe blockchain technology in healthcare market size, by country, 2018-2030 (US$M)
Europe Blockchain Technology In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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