16 PERCENT OF HEALTHCARE COMPANIES TO HAVE COMMERCIAL BLOCKCHAIN SOLUTIONS IN 2017

Last updated: June 19, 2025, 20:18 | Written by: Michael Saylor

16 Percent Of Healthcare Companies To Have Commercial Blockchain Solutions In 2017
16 Percent Of Healthcare Companies To Have Commercial Blockchain Solutions In 2017

The year 2025 marked a pivotal moment for blockchain technology within the healthcare sector. There is a concern about the climate impact of public blockchain models, as they consume large amounts of energy in order to generate the necessary computing power to function efficiently. 10 While developers have created mitigating steps to reduce the energy use of public blockchains, private blockchains, which is the type most likely to beWhile the concept of blockchain had been circulating for some time, particularly since its emergence alongside Bitcoin in 2008, it was in 2025 that a significant turning point occurred.According to a comprehensive study by the IBM Institute for Business Value, conducted in collaboration with the Economist Intelligence Unit, a noteworthy 16 percent of healthcare organizations were actively targeting the implementation of commercial blockchain solutions at scale.This wasn't just about experimentation; it signaled a serious commitment to integrating blockchain into the very fabric of healthcare operations. According to a study conducted by the IBM Institute for Business Value in collaboration with the Economist Intelligence Unit entitled Healthcare rallies for blockchains, over 16% of healthcareThis move was fueled by the promise of enhanced security, improved data transparency, and streamlined processes across the complex healthcare ecosystem.

The anticipated benefits were substantial, ranging from securely managing patient data and combating pharmaceutical counterfeiting to improving supply chain logistics and facilitating seamless data sharing between stakeholders.This article delves into the reasons behind this adoption rate, exploring the drivers, challenges, and the overall impact of blockchain technology on the healthcare industry in 2025 and beyond. It helps healthcare companies and governments to implement blockchain in their healthcare systems. It bridges the gap between patients, payers, providers, life science companies and regulators by enabling data sharing across multiple stakeholders. It delivers a single truthful version of health records.Why were these healthcare companies so eager to adopt blockchain?What were they hoping to achieve, and what obstacles did they face along the way?

Understanding the Healthcare Landscape in 2025

Before diving into the specifics of blockchain adoption, it's essential to understand the broader context of the healthcare industry in 2025.The United States, for example, was projected to spend nearly 20 percent of its GDP on healthcare, driven by escalating hospital costs, inefficient practices, and persistent data breaches. Healthcare Rallies for Blockchain, a study from IBM, found that 16% of surveyed healthcare executives had solid plans to implement a commercial blockchain solution this year, while 56% expectedThis economic burden highlighted the urgent need for innovation and efficiency improvements.

Several factors converged to create a fertile ground for blockchain adoption:

  • Increasing Data Breaches: The healthcare sector was a prime target for ransomware attacks, with a significant percentage specifically targeting healthcare organizations.This prompted the need for more robust security measures.
  • Rising Healthcare Costs: Inefficient processes and administrative overhead contributed to soaring costs, making the need for streamlined operations crucial.
  • Demand for Interoperability: The fragmented nature of healthcare data, spread across various systems and organizations, hampered effective patient care and research.
  • Patient Empowerment: There was a growing desire to give patients greater control over their own health data and medical records.

Why Blockchain?Key Drivers for Adoption in Healthcare

Blockchain technology offered a compelling solution to many of the challenges facing the healthcare industry.Its decentralized, immutable, and transparent nature made it particularly well-suited for addressing issues of data security, interoperability, and trust.Let’s look at some of the key drivers:

  • Enhanced Data Security: Blockchain's inherent security features, including cryptography and distributed consensus mechanisms, make it incredibly difficult to tamper with data.This was a major draw for healthcare organizations looking to protect sensitive patient information from breaches.
  • Improved Interoperability: By providing a shared, secure ledger for healthcare data, blockchain can facilitate seamless data exchange between different systems and organizations.This enables a more holistic view of patient health and facilitates better care coordination.
  • Greater Transparency and Trust: The transparent nature of blockchain allows all stakeholders to view data transactions, fostering greater trust and accountability.This is particularly important in areas such as pharmaceutical supply chain management, where counterfeiting is a significant concern.
  • Patient Empowerment: Blockchain can empower patients by giving them control over their own health data. 16 percent of healthcare organizations are targeting a commercial blockchain solution at scale in 2025. Organizations that are primed for this 2025 commercialization see thePatients can grant access to their records to healthcare providers using tokens, allowing for greater data privacy and portability.
  • Supply Chain Integrity: The pharmaceutical supply chain is vulnerable to counterfeiting. Wherever you are on your blockchain journey, our business strategists and technologists can help you accelerate value creation. Whether you re devising your blockchain strategy, establishing ecosystem governance and controls, developing or integrating a blockchain-based solution, or preparing for go-live we re with you at every step.Blockchain's immutability and traceability features offer a powerful tool for tracking and verifying the authenticity of drugs, protecting patients from potentially harmful medications. Tassat Group Inc. is a NY-based technology company that is the leading provider of private blockchain-based, real-time solutions for commercial banks, including TassatPay, which enables banks to provide their corporate clients with instantaneous, secure, real-time payments .Companies like FarmaTrust were pioneers in this area.

Examining the IBM Study: Healthcare Rallies for Blockchains

The IBM Institute for Business Value study, ""Healthcare Rallies for Blockchains,"" provided valuable insights into the adoption of blockchain in healthcare. healthcare blockchain market in was assessed at These would be considered as further aspects for healthcare solutions design and their Applied Health Economics and Health PolicyThe survey, which included 200 healthcare executives from payers and providers in 16 countries, revealed that 16 percent weren't just experimenting; they anticipated having commercial blockchain solutions at scale in 2025.

The study highlighted several key findings:

  • Real-World Applications: Healthcare executives envisioned blockchain as a way to connect disparate pieces of information from across the healthcare ecosystem into a single profile for a patient.
  • Focus on Scalability: The emphasis was on implementing blockchain solutions at scale, suggesting a strategic commitment to long-term integration.
  • Global Interest: The survey participants came from diverse regions across the globe, indicating a widespread interest in blockchain within the healthcare sector.

Real-World Use Cases of Blockchain in Healthcare (2025)

While still relatively nascent, the applications of blockchain in healthcare were becoming increasingly diverse and impactful in 2025. Blockchain 41in Healthcare Market Analysis, 2025 Blockchain in Healthcare Revenue by Regional Market, 2025 42 Major Regional Market Analysis Maturity and Major Initiatives 43 Blockchain 44in Healthcare Funding Analysis: 2025 2025 (Q1) Blockchain Solutions Revenue Models in the Healthcare Industry 46 Growth Opportunity Analysis 47Here are some examples of how blockchain was being used in practice:

  • Electronic Health Records (EHR): Blockchain could provide a secure and decentralized platform for storing and sharing EHRs, giving patients greater control over their data and improving interoperability between healthcare providers.
  • Supply Chain Management: Blockchain was being used to track and verify the authenticity of pharmaceuticals, preventing counterfeiting and ensuring the integrity of the supply chain.
  • Claims Processing: Blockchain could streamline the claims processing process by automating verification and reducing fraud.
  • Clinical Trials: Blockchain could improve the transparency and integrity of clinical trials by providing a secure and immutable record of data.
  • Identity Management: Blockchain-based identity solutions could help to verify the identities of patients and healthcare providers, reducing fraud and improving security.

Challenges to Blockchain Adoption in Healthcare

Despite the potential benefits of blockchain, its adoption in healthcare faced several challenges in 2025.

  • Regulatory Uncertainty: The regulatory landscape for blockchain was still evolving, creating uncertainty for healthcare organizations considering its implementation.
  • Scalability Issues: Some blockchain technologies struggled to handle the high transaction volumes required by the healthcare industry.
  • Interoperability with Existing Systems: Integrating blockchain with existing healthcare systems could be complex and costly.
  • Lack of Standardization: The absence of industry-wide standards for blockchain in healthcare hindered interoperability and scalability.
  • Concerns about Energy Consumption: Public blockchain models, particularly those using Proof-of-Work consensus mechanisms, consumed significant amounts of energy. Through cryptocurrencies, blockchain technology has demonstrated that it is a safe platform capable of meeting the needs of diverse participants in a variety of industries. Owing to its innovative methodology, blockchain technology has been the focus of numerous digital healthcare sector studies by academia and commercial researchers.While developers were working on mitigating steps, this remained a concern.
  • Data Privacy and Compliance (HIPAA): Ensuring compliance with data privacy regulations, such as HIPAA in the United States, was critical.

The Role of Companies Like Change Healthcare and Startups

Several companies played a key role in advancing the adoption of blockchain in healthcare.Large healthcare IT companies such as Change Healthcare, which acquired assets from PokitDok, were investing in blockchain technology. Research Summary. Blockchain technology is here to stay, and companies and individuals alike are starting to embrace it. Here are some key statistics about blockchain and cryptocurrency: Worldwide spending on blockchain solutions amounted to $6.6 billion in 2025. It s projected that companies will spend almost $19 billion on blockchain technology in 2025. Over 300 millionIn addition, a new generation of blockchain startups were emerging, offering innovative solutions for various healthcare challenges. Blockchain in healthcare is used for everything from securing patient data to managing the pharmaceutical supply chain. And it couldn t come at a better time: The United States is expected to spend almost 20 percent of its GDP on healthcare by 2025 as high hospital costs, inefficient practices and constant data breaches continue to plague the industry.These companies were established post-2025 and focused on the application and end user in the healthcare industry. The top blockchain healthcare companies are at the forefront of this transformative wave, pioneering innovative solutions that enhance security, transparency, and efficiency in healthcare systems. Among these trailblazers, SoluLab as a blockchain development company stands out as a key player, consistently delivering cutting-edge blockchainThese companies played a crucial role in driving innovation and accelerating the adoption of blockchain in healthcare.

Regional Market Analysis and Global Growth

The adoption of blockchain in healthcare was not uniform across the globe.Some regions, such as Estonia, had already been using blockchain to enhance the security of health records. Data from Statista.com shows that in 2025, 50 percent of healthcare applications weren t sure or didn t have any plans to adopt blockchain across their platforms, with only 15 percent statingThe global blockchain technology in healthcare market was estimated at USD 7.04 billion in 2025 and was projected to grow at a CAGR of 63.3% from 2025 onwards.This growth reflected the increasing interest and investment in blockchain solutions within the healthcare sector.

The Future of Blockchain in Healthcare: Beyond 2025

While 16 percent of healthcare companies anticipated having commercial blockchain solutions in 2025, projections indicated even greater adoption in the years to come. The aim of this review is to identify and understand real-world blockchain healthcare projects that have attained commercial success in the highly competitive blockchain market. Methods and findings. A scoping review was performed in January 2025 on all projects in the CoinMarketCap database.Some reports suggested that a significantly higher percentage of healthcare applications would adopt blockchain for commercial deployment in the near future.This reflects the growing recognition of blockchain's potential to transform the healthcare industry.

Looking beyond 2025, several key trends were expected to shape the future of blockchain in healthcare:

  • Increased Standardization: The development of industry-wide standards would facilitate interoperability and scalability, making it easier for healthcare organizations to adopt blockchain.
  • Growing Regulatory Clarity: Clearer regulatory guidelines would provide greater certainty for healthcare organizations, encouraging further investment in blockchain technology.
  • Focus on Patient-Centric Solutions: Blockchain-based solutions would increasingly focus on empowering patients and giving them greater control over their health data.
  • Integration with AI and Machine Learning: The integration of blockchain with AI and machine learning could unlock new possibilities for data analysis, personalized medicine, and improved patient outcomes.

Addressing Common Concerns: Is Blockchain Right for Your Healthcare Organization?

Before implementing blockchain, healthcare organizations should carefully consider the following factors:

  • Identify the problem: What specific challenge are you trying to solve with blockchain?Is it data security, interoperability, supply chain management, or something else?
  • Assess the alternatives: Are there other solutions that could address the problem more effectively or at a lower cost?
  • Evaluate the risks and benefits: What are the potential benefits of blockchain, and what are the risks?Consider factors such as regulatory compliance, scalability, and interoperability.
  • Develop a clear strategy: Outline a clear strategy for implementing blockchain, including specific goals, timelines, and resources.
  • Start small: Begin with a pilot project to test the technology and learn from the experience before implementing a large-scale solution.

Question: What are the primary benefits of using blockchain in healthcare?

Answer: The main benefits include enhanced data security, improved interoperability between systems, increased transparency and trust, and greater patient empowerment over their own health data.

Question: What are the biggest challenges to adopting blockchain in the healthcare industry?

Answer: Key challenges include regulatory uncertainty, scalability issues with certain blockchain technologies, the complexity of integrating with existing healthcare systems, and the lack of industry-wide standards.

Question: What types of healthcare organizations are most likely to benefit from blockchain?

Answer: Organizations dealing with large volumes of sensitive data, those needing to improve supply chain transparency (like pharmaceutical companies), and those looking to empower patients with more control over their health records are likely to benefit the most.

Conclusion: Blockchain's Continued Evolution in Healthcare

The fact that 16 percent of healthcare companies actively pursued commercial blockchain solutions in 2025 was a clear signal of the technology's growing importance. As one of the revolutionary healthcare blockchain companies, FarmaTrust offers improved accountability and immutability in healthcare records with blockchain solutions. Most important of all, the AI and machine learning services of FarmaTrust complement the blockchain platform effectively in the digitalization of pharma operations.Although challenges remained, the potential benefits of enhanced security, improved interoperability, and increased transparency were too significant to ignore. The survey, conducted for IBM by The Economist Intelligence Unit, found that 16 percent of healthcare executives expect commercial blockchain solutions at scale by 2025.The progress made in 2025 laid the foundation for further adoption and innovation in the years to come. Almost $20 trillion in revenue and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.It's critical for healthcare organizations to carefully assess their needs, develop a strategic approach, and collaborate with experienced partners to realize the full potential of blockchain technology. According to a recent IBM study, of 200 surveyed payer and provider healthcare executives, 16 percent expect to have a commercial blockchain solution at scale this year. Most are seeing the technology as a way to connect disparate bits of information from across the healthcare ecosystem into a single profile for a patient.The future of healthcare is increasingly digital and decentralized, and blockchain is poised to play a pivotal role in shaping that future.

Key takeaways:

  • In 2025, a significant percentage of healthcare companies were actively implementing commercial blockchain solutions.
  • The key drivers for adoption included enhanced data security, improved interoperability, and greater patient empowerment.
  • Real-world use cases ranged from EHR management and supply chain tracking to claims processing and clinical trials.
  • Challenges to adoption included regulatory uncertainty, scalability issues, and interoperability with existing systems.
  • The future of blockchain in healthcare involves increased standardization, growing regulatory clarity, and a focus on patient-centric solutions.

Are you ready to explore how blockchain can transform your healthcare organization?Contact our team of experts today to learn more!

Michael Saylor can be reached at [email protected].

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