- In September 2023, Briya, a comprehensive healthcare data exchange platform, announced the successful completion of an $11.5 million Series A funding round, led by Team8, Insight Partners, Amiti Ventures, and the George Kaiser Family Foundation. The capital raised will be utilized to advance Briya's mission of revolutionizing data exchange among healthcare and life sciences organizations through a secure, blockchain-enabled platform. This investment highlights the growing emphasis on secure data sharing in the healthcare sector
- In August 2023, Solve.Care unveiled the Care.Trials network, a blockchain-based patient matching service designed specifically for clinical trials. This innovative platform aims to streamline the process of connecting patients with relevant clinical studies, enhancing participation and efficiency. By leveraging blockchain technology, Care.Trials ensures secure and transparent data management, ultimately improving the clinical trial experience for both patients and researchers
- In April 2023, PharmaLedger launched an electronic product information (ePI) solution based on blockchain technology. This innovative product enables patients to scan a barcode on medication packaging to access comprehensive product information, effectively replacing traditional paper leaflets. By utilizing blockchain, PharmaLedger enhances the accessibility and reliability of essential medication details for consumers
- In June 2021, Aetna, Anthem, and the Cleveland Clinic joined forces to launch a new blockchain-based healthcare initiative, highlighting the growing potential of blockchain technology in the industry. This collaboration aims to leverage blockchain's capabilities to improve data sharing, enhance transparency, and streamline processes within the healthcare sector. The initiative marks a significant step towards harnessing innovative solutions to address ongoing challenges in healthcare delivery and management
- In December 2021, IBM's Digital Health Healthy Returns Practice partnered with healthcare IT leaders to develop digital credentials for COVID-19. The IBM Digital Health Pass serves as a secure tool for businesses to verify COVID-19 test results and vaccination statuses for employees, customers, and visitors accessing facilities such as sports stadiums, airplanes, government buildings, and workplaces. By leveraging encryption, QR codes, and blockchain technology, the IBM Digital Health Pass offers a voluntary and secure digital alternative to traditional paper test results or vaccination cards, providing individuals with a reliable means to confirm their health status
Frequently Asked Questions
The market is segmented based on Global Blockchain for Healthcare Market Segmentation, By Type (Public and Private), Application (Clinical Data Exchange and Interoperability, Claims Adjudication and Billing Management, Drug Supply Chain Management, Drug Discovery and Clinical Trials, Prescription Drug Abuse, and Others), End User (Pharmaceutical Companies, Healthcare Providers, Healthcare Payers, and Others) – Industry Trends and Forecast to 2031
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The Global Blockchain For Healthcare Market size was valued at USD 1.84 USD Billion in 2023.
The Global Blockchain For Healthcare Market is projected to grow at a CAGR of 72% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
