Market revenue in 2023 | USD 1,530.0 million |
Market revenue in 2030 | USD 46,690.6 million |
Growth rate | 63% (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 |
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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% in 2023. Horizon Databook has segmented the U.S. blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. healthcare industry faces challenges in managing large amounts of patient information. Medical offices, doctors, hospitals, pharmacies, therapists, and insurance companies require large amounts of data to take proper care of patients. This has raised the demand for blockchain technology as these solutions offer efficient approaches to trustworthy data management.
In July 2018, the Icahn School of Medicine at Mount Sinai, New York, inaugurated the Center for Biomedical Blockchain Research. This establishment has created major opportunities for biomedical research, indicating a key step toward integrating blockchain technology into healthcare.
Such projects can significantly propel the market of blockchain technology within the healthcare sector, advancing research methodologies and ultimately improving healthcare outcomes. Moreover, strategic initiatives by the key players in the U.S. underscore the expanding market growth of blockchain technology within the healthcare sector.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. blockchain technology in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into U.S. blockchain technology in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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