South Korea Blockchain Technology In Healthcare Market Size & Outlook
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- Healthcare Information and Management Systems
- Blockchain Technology In Healthcare Market Outlook
- Healthcare Information and Management Systems
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South Korea blockchain technology in healthcare market highlights
- The South Korea blockchain technology in healthcare market generated a revenue of USD 294.1 million in 2024 and is expected to reach USD 5,765.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 64.2% 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 294.1 million |
| Market revenue in 2030 | USD 5,765.5 million |
| Growth rate | 64.2% (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, South Korea accounted for 2.6% 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 Asia Pacific, Japan blockchain technology in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,985.6 million by 2030.
South Korea's government is actively promoting blockchain technology, initiating proof-of-concept projects since 2019 through the Ministry of Science and ICT and the National IT Industry Promotion Agency. It is developing a blockchain-based data registry platform to aid over 11 million citizens dealing with chronic conditions, such as diabetes and cardiovascular disease.
Blockchain's implementation can significantly enhance data coordination, ensuring efficiency for healthcare staff and improving diabetic patient care. Diabetes affects over 5 million individuals in South Korea.
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Blockchain Technology In Healthcare Market Scope
Blockchain Technology In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| UnitedHealth Group Inc | View profile | 440,000 | 9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, United States, 55343 | www.unitedhealthgroup.com |
| Patientory | View profile | 1-10 | Atlanta, Georgia, United States, North America | patientory.com/ |
| iSolve | View profile | 11-50 | Philadelphia, Pennsylvania, United States, North America | isolve.io |
| Solve.Care | View profile | 101-250 | Tallin, Harjumaa, Estonia, Europe | solve.care |
| burstIQ | View profile | 1-10 | Denver, Colorado, United States, North America | www.burstiq.com/ |
| Medicalchain | View profile | 11-50 | London, England, United Kingdom, Europe | medicalchain.com |
South Korea 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 43.45% in 2024.
Horizon Databook has segmented the South Korea blockchain technology in healthcare market based on private, public, other network type covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea's government is actively promoting blockchain technology, initiating proof-of-concept projects since 2019 through the Ministry of Science and ICT and the National IT Industry Promotion Agency. It is developing a blockchain-based data registry platform to aid over 11 million citizens dealing with chronic conditions, such as diabetes and cardiovascular disease.
Blockchain's implementation can significantly enhance data coordination, ensuring efficiency for healthcare staff and improving diabetic patient care. Diabetes affects over 5 million individuals in South Korea.
- South Korea Blockchain Technology In Healthcare Market Network Type Outlook (Revenue, USD Million , 2018-2030)
- Private
- Public
- Other Network Type
- South Korea 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
- South Korea 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 South Korea Blockchain Technology In Healthcare Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Blockchain Technology In Healthcare Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Blockchain Technology In Healthcare Market, 2018-2030 (US$M)
South Korea blockchain technology in healthcare market statistics, by network type, 2018-2030 (US$M)
