Canada Blockchain Technology In Healthcare Market Size & Outlook
The blockchain technology in healthcare market in Canada is expected to reach a projected revenue of US$ 23,268.3 million by 2030. A compound annual growth rate of 64% is expected of Canada blockchain technology in healthcare market from 2025 to 2030.
Healthcare IT
Healthcare Information and Management Systems
Blockchain Technology In Healthcare Market Outlook
Canada blockchain technology in healthcare market highlights
The Canada blockchain technology in healthcare market generated a revenue of USD 1,197.8 million in 2024 and is expected to reach USD 23,268.3 million by 2030.
The Canada market is expected to grow at a CAGR of 64% from 2025 to 2030.
In terms of segment, public was the largest revenue generating network type in 2024.
Private is the most lucrative network type segment registering the fastest growth during the forecast period.
Blockchain technology in healthcare market data book summary
Market revenue in 2024
USD 1,197.8 million
Market revenue in 2030
USD 23,268.3 million
Growth rate
64% (CAGR from 2025 to 2030)
Largest segment
Public
Fastest growing segment
Private
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 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
Other key industry trends
In terms of revenue, Canada accounted for 10.6% of the global blockchain technology in healthcare market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. blockchain technology in healthcare market is projected to lead the regional market in terms of revenue in 2030.
Canada is the fastest growing regional market in North America and is projected to reach USD 23,268.3 million by 2030.
Blockchain technology is gaining traction within the healthcare landscape in Canada. The country has been progressively embracing this innovative technology to enhance various aspects of its healthcare system.
Organizations and institutions are exploring blockchain's capabilities to manage Electronic Health Records (EHRs) securely, streamline data sharing among healthcare providers, enhance drug supply chain security, and promote transparent healthcare transactions.
These startups are actively developing blockchain platforms and applications that focus on securely managing EHRs, ensuring drug traceability, enabling secure sharing of patient data, and enhancing the overall efficiency of healthcare operations. Canada has over 25 startups focused on blockchain technology for the healthcare sector.
Canada Blockchain Technology In Healthcare Market Outlook
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 Outlook will help companies and investors design strategic landscapes.
Public was the largest segment with a revenue share of 43.46% in 2024.
Horizon Databook has segmented the Canada blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
Blockchain technology is gaining traction within the healthcare landscape in Canada. The country has been progressively embracing this innovative technology to enhance various aspects of its healthcare system.
Organizations and institutions are exploring blockchain's capabilities to manage Electronic Health Records (EHRs) securely, streamline data sharing among healthcare providers, enhance drug supply chain security, and promote transparent healthcare transactions.
These startups are actively developing blockchain platforms and applications that focus on securely managing EHRs, ensuring drug traceability, enabling secure sharing of patient data, and enhancing the overall efficiency of healthcare operations. Canada has over 25 startups focused on blockchain technology for the healthcare sector.
Canada Blockchain Technology In Healthcare Market Network Type Outlook (Revenue, USD Million , 2018-2030)
Private
Public
Other Network Type
Canada Blockchain Technology In Healthcare Market Application Outlook (Revenue, USD Million , 2018-2030)
Clinical Data Exchange & Interoperability
Claims Adjudication & Billing
Supply Chain Management
Clinical Trials & eConsent
Other Application
Canada Blockchain Technology In Healthcare Market End Use Outlook (Revenue, USD Million , 2018-2030)
Providers
Payers
Biopharmaceutical & Medical Device Companies
Other End Use
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Blockchain Technology In Healthcare Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Blockchain Technology In Healthcare Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Blockchain Technology In Healthcare Market, 2018-2030 (US$M)