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Blockchain‐based Electronic Health Record Market (By Component: Software, Hardware, Services; By Blockchain Type: Private Blockchain, Public Blockchain, Consortium Blockchain, Others; By Deployment Mode: On-Premise, Cloud-Based, Hybrid Deployment; By End-User: Hospitals and Clinics, Research Institutions, Insurance Providers, Pharmaceutical Companies, Patients) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis And Forecast 2025 To 2034

Blockchain-based Electronic Health Record Market Size and Growth 2025 to 2034

The global blockchain-based electronic health record market size was valued at USD 1.06 billion in 2024 and is expected to be worth around USD 14.85 billion by 2034, exhibiting at a compound annual growth rate (CAGR) of 30.2% over the forecast period 2025 to 2034.

Blockchain based Electronic Health Record Market Size 2025 to 2034

The growth of the blockchain-based electronic health record (EHR) market is being driven by the increasing need for secure, interoperable, and patient-centric healthcare systems. Conventionally, EHR systems are hindered by inefficiencies such as data fragmentation, delayed updates, and security breaches. Blockchain technology aims to resolve these issues by providing immutable and decentralized data storage, facilitating trusted and transparent data sharing among stakeholders. The surge in cyberattacks on healthcare facilities, along with regulatory demands for data security and interoperability (e.g., HIPAA, GDPR), has made blockchain a highly desirable solution. Furthermore, the increased uptake of telemedicine and digital health solutions following COVID-19 has further driven demand for secure data exchange mechanisms. 

One recent example of this trend is IBM's partnership with Abu Dhabi-based health tech company, Mubadala Health, in early 2024. The alliance aims to create a blockchain-based platform for securely managing patient records across multiple facilities in the UAE, ensuring data consistency and real-time updates while keeping patient information private. This example illustrates how governments and private sectors are increasingly investing in blockchain for healthcare to enhance data security and interoperability at scale.

What is a Blockchain-based Electronic Health Record?

A blockchain-based electronic health record (EHR) is a computerized patient health record system that utilizes blockchain technology for the secure storage, management, and exchange of medical information. Unlike traditional EHRs, which rely on centralized databases, blockchain-based EHRs use a decentralized ledger where each transaction or modification is recorded as a block, dated chronologically, and protected through cryptography. This ensures data immutability, transparency, and security, making it very difficult to manipulate or alter patient information without detection. All stakeholders—whether they are a physician, patient, insurer, or researcher—can access consistent, real-time data with appropriate authorization, fostering collaboration and informed decision-making.

Blockchain-based EHRs have various applications, including managing patient data, tracking medical histories, secure sharing among providers, clinical trials, and processing insurance claims. These systems facilitate interoperability among diverse healthcare providers and empower patients with greater control over their health information, allowing them to grant or revoke access as needed. Such systems are particularly beneficial in enhancing healthcare delivery, reducing administrative errors, and preventing data breaches. As the healthcare sector embraces digital transformation and value-based care, blockchain-based EHRs offer a scalable and secure platform for next-generation health IT systems.

Blockchain-based Electronic Health Record Market Report Highlights

  • North America has held dominant position, accounting for revenue share of 36.3% in 2024.
  • Europe has reported revenue share of 29.1% in 2024.
  • By component, the software segment has captured revenue share of 47% in 2024.
  • By deployment mode, the on-premises mode segment accounted for a revenue share of 52% in 2024.
  • By end-user, the hospitals and clinics segment dominates the market in 2024.
  • By end-user, the patient segment is expected to grow at the fastest CAGR during the period.

Rising Adoption in National Health Systems

Governments and health authorities are increasingly interested in blockchain for large-scale EHR integration to promote secure, uniform access to patients' information.

  • In 2024, Estonia expanded its blockchain-based healthcare record system to include telehealth records, further strengthening its position in digital healthcare research. Other nations, such as the UAE and Sweden, are testing similar initiatives to consolidate and protect patients' records on a blockchain foundation.

Patient-Centric Health Data Ownership

Blockchain is enabling the transition to models where patients gain greater control over their medical records, including the rights to grant and withdraw access.

  • Patientory and Medicalchain platforms now allow individuals to manage their health records through mobile apps, enabling them to securely share information with doctors or insurers when necessary. This empowers patients, making the process more transparent and involved.

Integration with IoT and Wearable Devices

Blockchain is utilized to securely record health data produced by IoT medical devices and wearables, guaranteeing its authenticity and privacy.

  • For instance, in early 2024, BurstIQ introduced a pilot program that combined blockchain with Fitbit and other wearable data to generate real-time, verifiable health timelines. This enables providers to utilize continuous health data streams for diagnostics and preventive care while preserving patient data integrity.

Use in Medical Research and Clinical Trials

Blockchain allows researchers to access anonymized health information for research purposes while maintaining patient confidentiality and consent.

  • Mayo Clinic recently collaborated with a blockchain startup to digitally track informed consent during clinical trials, ensuring ethical practices and data traceability. This method minimizes fraud and accelerates data aggregation for research.

Strategic Collaborations Across Industries

Tech giants, hospitals, and insurance companies are forming alliances to build blockchain ecosystems for interoperable health data.

  • In early 2024, IBM and Abu Dhabi-based Mubadala Health launched the development of a blockchain platform to align patient records between hospitals. These cross-industry collaborations are paving the way for scalable and standardized adoption of blockchain in healthcare.

Blockchain-based Electronic Health Record Market Scope

Area of Focus Details
Market Size in 2025 USD 1.38 Billion
Expected Market Size in 2034 USD 14.85 Billion
Projected CAGR from 2025 to 2034 30.20%
Dominant Area North America
Fastest Growing Region Asia Pacific
Key Segments Components, Blockchain Types, Deployment Modes, End Users, Region
Key Companies Medicalchain, Patientory, BurstIQ, Guardtime, IBM Corporation, Change Healthcare, Hashed Health, Factom, Solve.Care, Healthereum, Chronicled, Doc.ai

Blockchain-based Electronic Health Record Market Dynamics

Market Drivers

  • Data Privacy and Security Concerns in Healthcare: Healthcare systems are increasingly at risk from cyberattacks and data breaches. Blockchain provides end-to-end encryption and immutability, such that patient records cannot be changed or accessed without authorization. This has made it an attractive solution for hospitals and governments looking for secure data storage.
  • Demand for Seamless Health Data Interoperability: Traditional EHR systems tend to work in isolation, restricting communication among providers. Blockchain's decentralized architecture enables secure, real-time exchange of medical information across platforms and institutions, enhancing care coordination and patient outcomes.

Market Restraints

  • Lack of Standardization Across Healthcare Systems: Healthcare data structures and policies vary significantly among regions and providers. This fragmentation poses a major barrier to blockchain adoption, as it requires standardized data and technical frameworks that all stakeholders can agree upon to function effectively.
  • High Costs of Implementation and Integration: Implementing blockchain-based EHR systems involves a substantial initial investment in IT infrastructure, system integration, and staff training—an endeavor that small healthcare providers may find challenging to manage.

Market Opportunities

  • Rise of Patient-Centric Healthcare Models: There is an increasing trend towards healthcare systems that enable patients to own and manage their health information. Blockchain allows people to access, monitor, and share their records securely, which is exactly what this new model requires.
  • Digital Health Expansion in Emerging Economies: Many developing countries are investing in digital health infrastructure. With fewer legacy systems to replace, they can implement blockchain-based EHRs from the beginning, enhancing transparency and long-term data integrity.

Market Challenges

  • Regulatory and Legal Ambiguities: Healthcare blockchain lacks comprehensive global regulatory guidelines, particularly concerning data ownership, privacy regulations (such as GDPR or HIPAA), and international data exchange, which pose challenges for deployment and compliance.
  • Scalability and Data Management Issues: Blockchain struggles to support efficient storage for large medical records like imaging or genomic information. Achieving rapid access and scalability without compromising performance is a technological barrier to widespread adoption in extensive hospital networks.

Blockchain-based Electronic Health Record Market Segmental Analysis

The blockchain based electronic health record market is segmented into components, blockchain types, deployment modes, end users, and regions. Based on components, the market is classified into software, hardware, and services. Based on the blockchain types, the market is classified into private blockchain, public blockchain, consortium blockchain, and others. Based on deployment modes, the market is classified into on-premise, cloud-based, and hybrid deployment. Based on end user, the market is classified into hospitals and clinics, research institutions, insurance providers, pharmaceutical companies, and patients.

Component Analysis

The software segment is the dominant component in the blockchain-based EHR market. Software offerings form the bedrock of the flow of electronic health records and ensure secure data storage and sharing. Software is indispensable for clinics and hospitals since it automates workflows, prevents compliance issues, and enhances outcomes. The sustained need for flexible and scalable EHR solutions that incorporate blockchain for increased security and interoperability has cemented the leadership of this segment. As healthcare systems increasingly deploy blockchain for secure data transfer, the software segment is likely to maintain its leadership in the near future.

The services segment is the fastest-growing component. As blockchain technology is complicated, most healthcare organizations outsource consulting, integration, and management to external experts. Since hospitals and clinics want to adopt blockchain-based systems without any hassles, the demand for specialist services is increasing rapidly. Support, training, and post-deployment service firms are driving the adoption of blockchain by providing services and are thus expected to further fuel this segment over the next few years.

Blockchain Type Analysis

The private blockchain segment is the dominant type in the blockchain-based EHR market. Its centralized control structure enables healthcare organizations to manage access to patient information while maintaining security, which is critical for sensitive health information. Private blockchains also facilitate quicker transaction processing, which is essential in clinical environments. With the increasing demand for data privacy and adherence to healthcare regulations, private blockchains remain the preferred option for hospitals, insurance companies, and government health organizations.

The consortium blockchain segment is the fastest-growing type of blockchain. In this model, a collective is shared in which multiple entities, such as hospitals, insurance providers, and research institutions, collaborate while controlling the network. Consortium blockchains are increasingly sought after because they are more scalable and transparent, yet still provide centralized control. Therefore, they are well-suited for large-scale multi-stakeholder networks within the healthcare sector. As more organizations seek collaborative data-sharing models, the consortium blockchain segment is expected to experience significant growth.

Deployment Mode Analysis

The on-premise deployment model remains the dominant choice in the blockchain-based EHR market. Healthcare organizations, especially large hospitals, favor on-premise systems to retain complete control over sensitive patient information. This model addresses data sovereignty and security issues, which are critical in the highly regulated healthcare sector. Hospitals and clinics with existing IT infrastructure continue to prefer on-premise systems for their blockchain-based health records.Blockchain based Electronic Health Record Market Share, By Deployment Mode, 2024 (%)

The cloud-based deployment model is the fastest-growing in the market. Cloud-based solutions provide healthcare organizations with flexibility, scalability, and lower capital expenditures compared to on-premise systems. As the healthcare industry increasingly embraces digital transformation, cloud-based blockchain solutions are becoming the preferred option for smaller clinics, telehealth providers, and emerging markets. Ease of integration with current digital health platforms and scalability as needed are the major factors driving the growth of this segment.

End-User Analysis

Hospitals and clinics represent the dominant end-user group in the blockchain-based EHR market. These institutions generate and manage vast amounts of patient data, making the need for secure, interoperable systems crucial. Blockchain-based EHR systems provide hospitals and clinics with a cost-effective and secure method for electronic record management, improving patient care coordination and lowering administrative costs. The growing use of blockchain technology among these organizations will continue to keep this segment dominant in the market.

The patient segment is the fastest-growing in the blockchain-based EHR market. As healthcare data gains wider awareness and the demand for personal control increases, patients are turning to blockchain solutions for securely storing and sharing their health records. This trend is driven by the rising utilization of digital health tools, patient portals, and mobile apps that leverage blockchain for data security and privacy. With more patients asking for transparency and control over their health information, this sector is expected to witness rapid growth.

Blockchain-based Electronic Health Record Market Regional Analysis

The blockchain based electronic health record market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. 

North America: Dominating the Blockchain-based EHR Market with Advanced Healthcare Infrastructure

The North America blockchain based electronic health record market size was reached at USD 0.38 billion in 2024 and is expected to reach around USD 5.39 billion by 2034, driven by the robust healthcare infrastructure in the U.S. and Canada. North America's early adoption of blockchain technology in healthcare, along with stringent regulatory frameworks like HIPAA, has fueled the implementation of blockchain-based EHR systems. Healthcare professionals in North America have a strong desire to enhance data security, interoperability, and patient privacy, resulting in high demand for blockchain solutions. The region is also supported by leading players, research centers, and technology companies, which continually drive innovation and growth within the market.

North America Blockchain based Electronic Health Record Market Size 2025 to 2034

Asia-Pacific (APAC): Rapid Growth Driven by Digital Transformation and Government Initiatives

The Asia-Pacific blockchain based electronic health record market size was estimated at USD 0.31 billion in 2024 and is expected to hit around USD 4.32 billion by 2034, primarily driven by the increasing adoption of digital health technologies, growing healthcare expenditures, and rising government efforts to improve healthcare access. China, India, and Japan are making substantial investments in blockchain to enhance the efficiency and security of medical data management. With extensive populations and fragmented healthcare infrastructures, APAC nations are seeking decentralized platforms like blockchain to improve data sharing and cooperation among healthcare providers. The increasing digitalization of the region, particularly in emerging economies, positions it as a high-growth potential market for blockchain-based EHR adoption.

Europe: Enhancing Healthcare Interoperability and Data Security through Blockchain Technology

The Europe blockchain based electronic health record market size was accounted for USD 0.24 billion in 2024 and is projected to reach around USD 3.37 billion by 2034. Europe is also witnessing notable growth, with countries like Germany, the UK, and France leading the charge. The European Union's focus on data privacy through legislation such as GDPR is a primary motivator for the adoption of blockchain in healthcare. Several European nations are considering blockchain for secure data exchange, patient consent management, and improving cross-border healthcare interoperability. Furthermore, the region's established healthcare systems are increasingly implementing innovative solutions to tackle issues like data fragmentation and inefficiency. As healthcare providers seek to meet regulatory requirements and enhance patient care, blockchain-based EHR solutions are emerging as a top choice for the region.

Blockchain based Electronic Health Record Market Share, By Region, 2024 (%)

LAMEA (Latin America, Middle East, and Africa): Emerging Opportunities for Blockchain EHR Solutions in a Growing Market

The LAMEA blockchain based electronic health record market was valued at USD 0.13 billion in 2024 and is anticipated to surpass around USD 1.77 billion by 2034. The LAMEA region is still in the early stages of adopting blockchain-based EHR systems but is expected to grow with increasing healthcare investments and government initiatives. Brazil and South Africa are starting to explore blockchain for managing healthcare data and improving access to medical records. In the Middle East, countries such as the UAE and Saudi Arabia are aggressively pursuing digital health strategies, including blockchain, to transform their healthcare infrastructure. While the region faces challenges like infrastructure deficits and varying levels of digital literacy, the rising demand for health data security, transparency, and empowered patients presents significant opportunities for blockchain-based EHR strategies in the coming years.

Blockchain-based Electronic Health Record Market Top Companies

The blockchain-based EHR market is highly competitive, with both major tech firms and startups aiming to transform health data through blockchain technology. IBM Corporation and Change Healthcare leverage their capabilities to provide secure, interoperable systems across extensive medical networks. Startups such as Medicalchain, Patientory, BurstIQ, and Guardtime specialize in patient-oriented platforms and secure data sharing. Hashed Health, Factom, and Solve.Care form alliances to deliver blockchain solutions for claims processing and care coordination. This rapidly evolving market thrives on funding, partnerships, and innovation, with companies competing to establish early dominance in digital health.

Recent Developments

  • In April 2025, IBM made a five-year $150 billion investment to fast-track technology innovation in America, including innovations in blockchain solutions for healthcare. This investment reflects IBM's commitment to increasing data security and interoperability in the healthcare industry. 
  • In February 2025, BurstIQ released its sophisticated LifeGraph® platform, which secures and manages sensitive healthcare information through Web3 and blockchain technologies. This platform aims to eliminate data chaos and fuel AI-powered healthcare solutions.
  • In July 2024, Patientory collaborated with Google Cloud to integrate its blockchain-enabled health data management solutions. The goal is patient-centric care driven by the deployment of secure, scalable cloud architecture.

Market Segmentation

By Component

  • Software
  • Hardware
  • Services

By Blockchain Type

  • Private Blockchain
  • Public Blockchain
  • Consortium Blockchain
  • Others

By Deployment Mode

  • On-Premise
  • Cloud-Based
  • Hybrid Deployment

By End-User

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

By Region

  • North America
  • APAC
  • Europe
  • LAMEA
...
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FAQ's

The global blockchain based electronic health record market size was reached at USD 1.06 billion in 2024 and is expected to surpass around USD 14.85 billion by 2034.

The global blockchain based electronic health record market is growing at a compound annual growth rate (CAGR) of 30.2% over the forecast period 2025 to 2034.

The companies operating in blockchain based electronic health record market are Medicalchain, Patientory, BurstIQ, Guardtime, IBM Corporation, Change Healthcare, Hashed Health, Factom, Solve.Care, Healthereum, Chronicled, Doc.ai and others.

The driving factors of blockchain based electronic health record market are data privacy and security concerns in healthcare and demand for seamless health data interoperability.

North America is leading region for blockchain based electronic health record market with revenue share of 36.30% in 2024.