Blockchain In Healthcare Market in India 2025:
How Big is the India Blockchain In Healthcare Industry?
The India blockchain in healthcare market size reached USD 94.79 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,549.14 Million by 2033, exhibiting a growth rate (CAGR) of 36.40% during 2025-2033.
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 94.79 Million
Market Size in 2033: USD 1,549.14 Million
Market Growth Rate (CAGR) 2025-2033: 36.40%
India Blockchain In Healthcare Market Trends and Drivers:
The blockchain in healthcare market in India is witnessing significant momentum, driven by increasing demand for tamper-proof, secure, and effective healthcare data management systems. Virtually, since the healthcare ecosystem generates gigantic amounts of patient records, diagnosis reports, insurance claims, and clinical trial data, the call for tamper-evident, decentralized apps is driving blockchain adoption among hospitals, pharma companies, and insurance providers. Other than this, increasing concerns regarding data breaches, healthcare frauds, and duplicate records are forcing the stakeholders to adopt blockchain for data integrity, interoperability, and confidentiality. Moreover, initiatives by the government in terms of digitalization of health infrastructure through initiatives like Ayushman Bharat Digital Mission are driving investments in blockchain technology to enable end-to-end healthcare services and exchange real-time data among different healthcare organizations. Other than this, growing adoption of telemedicine and digital health services is creating the need for secure platforms that safeguard patient information, reduce errors, and foster trust among patients and physicians. Moreover, the integration of blockchain with the emerging technologies such as artificial intelligence, cloud computing, and Internet of Things (IoT) is enhancing its application in predictive analytics, remote monitoring, and personalized treatment options.
Other than this, pharma companies are leveraging blockchain to track the chain of medicines, offer authenticity, and combat counterfeited medicines, which is a huge concern now in India's healthcare sector. In addition to this, blockchain is increasingly being deployed in clinical trials for data transparency verification, authenticating outcome, and improving patient consent processing. In addition, insurance companies are deploying blockchain to reduce the time required for settlement of claims, detect fraudulent claims, and improve overall business efficiency, thereby creating customer satisfaction. Other than that, growing the number of health-tech startups in India and growing partnerships between technology providers and healthcare institutions are also pushing blockchain deployments in the sector. Essentially, the whole ecosystem is shifting to establishing a patient-centric model in which patients have greater control over their health information, and insurers and hospitals have more streamlined processes and cost savings. On a broader level, growing requirements for data security, interoperability, anti-counterfeit medicine, and open healthcare operations are fueling the use of blockchain technology in India's healthcare sector, and hence it is a paradigm-changing phenomenon in India's medical and digital economy.
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India Blockchain In Healthcare Market Report Segmentation:
The report has segmented the market into the following categories:
Network Type Insights:
Private
Public
Others
Application Insights:
Supply Chain Management
Data Exchange and Interoperability
Claims Adjudication and Billing Management
Others
End Use Insights:
Healthcare Providers
Healthcare Payers
Biopharmaceutical and Medical Device Companies
Others
Regional Insights:
North India
South India
East India
West India
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.
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Other Key Points Covered in the Report:
COVID-19 Impact on the Market
Porter's Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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