Blockchain-Based Health Records Management Market By Application (Patient Health Records (PHR), Electronic Health Records (EHR), Electronic Medical Records (EMR), Clinical Data Management, Claims Management, Consent Management, Data Exchange & Interoperability), By Blockchain Type (Public Blockchain, Private Blockchain, Consortium Blockchain, Others.), By Deployment Mode (On-Premise, Cloud-Based, Hybrid Deployment.), By End-User (Hospitals and Clinics, Pharmaceutical Companies, Insurance Providers, Research Institutions, Patients.), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Industry Outlook

The Blockchain-Based Health Records Management market accounted for USD 4.25 Billion in 2024 and is expected to reach USD 27.0 Billion by 2035, growing at a CAGR of around 18.3% between 2025 and 2035. The blockchain-based health records management market refers to a sector wherein blockchain technologies serve to store, share, and/or manage patient health information with security. Blockchain assuredly renders decentralized and transparent systems, ensuring integrity, non-repudiation, and protection against tampering. The market allows the patient to be in charge of managing their health data while ensuring that healthcare providers can access that information smoothly and most efficiently. It minimizes data breaches and unwanted access to patient data by enabling Ledger's immutability. The market is expanding as a result of growing demands for safe data management, the use of digital health services, and regulatory challenges over the security of health data. Furthermore, the increased impetus from cost-cutting in health care and improving patient care further drives developments in the market.

Report Scope:

Market Dynamics

Blockchain ensures secure, tamper-proof storage of health records, addressing data breach concerns.

One of the significant growth drivers for the blockchain-based health records management market is its ability to ensure that health records are stored in a safe, tamper-proof manner. There is tremendous concern regarding breaches and cyber threats associated with data security, which the Blockchain-Based Health Records Management Market would address through the decentralized and immutable ledger system, preventing any form of unauthorized access or manipulation and thus making patient data completely safe from cybercriminals and insider threats. Any transaction or update made in the health record is sealed cryptographically, and this makes it nearly impossible to alter or manipulate historical data. According to a report by the U.S. Department of Health and Human Services (HHS), healthcare data breaches that involved 500 or more individuals have increased in number, and a more secure solution is needed immediately. A blockchain addresses the urgent requirement for a better data management system that provides openness and audibility while upholding trust and security through the healthcare ecosystem.

Increasing pressure on healthcare providers to comply with regulations like HIPAA encourages blockchain adoption.

The pressure on healthcare providers to comply strictly with regulations, such as the Health Insurance Portability and Accountability Act, is one of the driving forces for the blockchain-based health records management market. HIPAA requires health organizations to ensure that the information of patients is kept confidential and protected from unauthorized access. Blockchain technology, with its robust security features, provides a very effective way of meeting such requirements from a regulatory standpoint. Blockchain will make sure healthcare providers are HIPAA compliant while streamlining the data management process through a transparent and immutable ledger that tracks patient data. According to a 2023 report from the U.S. Department of Health and Human Services, more than 40% of breaches in medical data were due to unauthorized access or exposure to private patient information, indicating a need for secure methods. 

Blockchain networks can struggle to scale with growing amounts of healthcare data, leading to potential delays and inefficiencies.

A major limitation of the blockchain-based health records management market is the scalability challenges that blockchain networks face in handling high volumes of healthcare data. Currently, blockchain's infrastructure cannot hold and store the huge volumes of data healthcare systems produce daily, such as patient records and diagnostic findings.

The volume of transactions will have an impact on blockchain networks, especially when it comes to slow and ineffective proof-of-work methods. This is true since each transaction needs to be verified and recorded on a blockchain ledger. This translates to bottlenecks caused by surging data.

Blockchain adoption in developing regions with growing healthcare needs presents significant opportunities.

The adoption of blockchain in underdeveloped regions housing emerging healthcare issues presents an immense opportunity for the blockchain-based health records management market. Unprecedented healthcare system fragmentation, militant patient information piracy, and ineffective patient data management are problems in the majority of emerging nations. By making it simpler, safer, and more decentralized to store and share medical records, this technology will offer a way to treat illnesses. Because blockchain allows data integrity and improves interoperability across many regional systems, it will further increase access to health services.

 Where the infrastructures are still evolving, blockchain offers an efficient, low-cost solution that can improve confidence in the healthcare system and enhance service delivery. The increase in digital health solutions in developing regions presents an enormous opportunity for the blockchain-based health record management system market.

Combining AI with blockchain could lead to more advanced patient data analytics and predictive healthcare.

Combining AI with blockchain presents a significant opportunity for the blockchain-based health records management market by enabling more advanced patient data analytics and predictive healthcare. Secure and immutable data storage provided by blockchain can make its contribution to the collection and organization of patient information on a large-scale basis. AI can process such data to understand its patterns, predict patient outcomes, and organize treatment programs around individual patients. AI algorithms will interpret data from wearable sensors, genomic data, and electronic health records to deliver information about health risks and results.

The use of artificial intelligence prediction tools will improve healthcare delivery generally, reduce hospital readmission rates, and empower people to actively manage chronic illnesses. Together, blockchain technology and artificial intelligence are ushering in a period of technological transformation that is rewriting healthcare paradigms by enabling data-driven, intelligent judgments that respect data security and confidentiality through decentralized structures over digital networks.

Industry Experts Opinion

"Blockchain can significantly improve data privacy and access. However, it is difficult to establish collaboration between different entities, especially when government departments are involved. Technology is advancing rapidly, but government responses are expected to be reactive and lag by 10 to 15 years"​

• Dr. Anjum Khurshid, Chief Data Scientist at Harvard Pilgrim Health Care Institute

Segment Analysis

Based on the Applications, the market of Blockchain-Based Health Records Management has been classified into Patient Health Records (PHR), Electronic Health Records (EHR), Electronic Medical Records (EMR), Clinical Data Management, Claims Management, Consent Management, Data Exchange & Interoperability. The largest application type for the blockchain-based health records management market is electronic health records (EHR). In various healthcare organizations, EHR systems are used to generate and maintain comprehensive electronic records of patient data. The blockchain's advantages include enhanced EHR through safe record archiving, data that cannot be altered, and better system sharing amongst medical facilities. The combination of the two is already very crucial because blockchain addresses significant problems such as data breaches and unauthorized access.

Based on the Blockchain Type, the market of Blockchain-Based Health Records Management has been classified into Public Blockchain, Private Blockchain, Consortium Blockchain, and Others. The most prominent segment in this blockchain-based health records management market is the private blockchain. Private blockchains provide additional control over access to data, which is vital in healthcare applications where privacy and security are fundamental aspects. Such blockchains can be deployed by healthcare providers to create a centralized and secure network to manage sensitive patient data while attaining the transparency and immutability that blockchain provides. In this case, restricted access to authorized parties will ensure compliance with regulations like HIPAA, which is vital in the healthcare sector. Thus, private blockchains will experience increasing applications in healthcare data management solutions.

Regional Analysis

The blockchain-based health records management markets in North America are also growing in demand rapidly for secure interoperable healthcare data systems. Growth is more distinctly augmented in the United States, owing to better healthcare infrastructures as well as proper regulations. Enhanced uptake of blockchain applications in healthcare would greatly enhance data and HIPAA regulation compliance security. Canada also leads through significant health-related investments. It invests in proper data management and security within the healthcare sector. Significant players in the work on blockchains and create solutions tailored for the health sector, while governments drive further research and implement related initiatives along with their regional collaborations.

The United States is leading in the blockchain-based management of health records market due to the requirement for securely interoperable healthcare systems. This drive to innovation as well as the requirement for regulatory compliance places the U.S. at the forefront of shaping the future of blockchain in healthcare. The requirement and drive for regulatory compliance push innovators to adopt blockchain solutions in the healthcare industry. Assisted by these government efforts, blockchain solutions are in high demand nowadays among healthcare providers along with technology businesses.

The European blockchain-based health records management market is forecast to grow at a promising CAGR over the forecast years. The regional market will continue to benefit from rising investments by healthcare providers in blockchain technology to ensure secure and privacy-compliant infrastructure. The European market will also be augmented by the deployment of blockchain solutions in Germany, the UK, Switzerland, and other leading nations to improve patient data management and streamline healthcare operations. Furthermore, exciting partnerships between technology companies and healthcare providers, along with government investments and grants, will assist in the establishment of blockchain-based solutions in healthcare.

Germany is the biggest contributor to the blockchain-based health records management market, mainly due to its advanced healthcare system and robust regulatory environment. Government programs like the Digital Healthcare Act (DVG), which promotes innovation in digital health, are encouraging the use of blockchain technology, which allows for interoperability and secure patient data. Blockchain research is being conducted by Germany's health industry to manage data more effectively, decrease fraudulent cases, and improve several processes, such as insurance claims and electronic health records (EHR).

Competitive Landscape

The competitive landscape blockchain-based health records management market is evolving as players are increasingly emphasizing data security, interoperability improvement, and decentralized approaches. The torchbearers in the blockchain health record area are BurstIQ and Solve. Care and Medicalchain are offering innovative platforms to manage data safely and efficiently by shifting from paper-based to digitized modes. Guardtime and MedRec stand out because they use blockchain technology to focus on the integrity and transparency of health data. Due to their recent developments of blockchain-based solutions for patient-centric data management and AI-supported healthcare, Patientory and Doc.ai are the more recent entries into the market. The current state of the business indicates that big IT companies and healthcare organizations are increasingly implementing blockchain technology to save costs and fulfill regulatory compliance, which sharpens the competitive edge.

Blockchain-Based Health Records Management Market, Company Shares Analysis, 2024

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Recent Developments:

• In February 2024 – MTBC introduced a blockchain-based API system for Electronic Health Records (EHR). This system, built on Hyperledger technology, empowers patients with greater control over their medical data, allowing them to securely share their records with healthcare providers​

Report Coverage:

By Application

• Electronic Health Records (EHR)
• Electronic Medical Records (EMR)
• Clinical Data Management
• Claims Management
• Consent Management
• Data Exchange & Interoperability

By Blockchain Type

• Public Blockchain
• Private Blockchain
• Consortium Blockchain
• Others 

By Deployment Mode

• On-Premise
• Cloud-Based
• Hybrid Deployment

By End-User

• Hospitals and Clinics
• Pharmaceutical Companies
• Insurance Providers
• Research Institutions
• Patients           

By Region

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Netherlands
• Switzerland
• Ukraine
• Poland
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Vietnam
• Thailand
• Indonesia
• Philippines
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Argentina
• Colombia
• Venezuela
• Rest of Latin America

MEA (Middle East and Africa)

• GCC
• Türkiye
• South Africa
• Nigeria
• Rest of Middle-East and Africa

List of Companies:

• BurstIQ
• Solve. Care
• Medicalchain
• Healthereum
• Guardtime
• MedRec
• Clintex
• Doc.ai
• Chronicled
• SecureHealth
• HealthBank
• LTO Network
• Blockpharma
• Patientory
• HIMSS
• BlockMedx

Frequently Asked Questions (FAQs)