The Blockchain In Genomics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Blockchain In Genomics Market?
The market size of blockchain in genomics has significantly expanded in the past years. It is projected to increase from $0.84 billion in 2024 to $1.01 billion in 2025, with a compound annual growth rate (CAGR) of 20.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Blockchain In Genomics Industry?
By 2029, the blockchain in genomics market is projected to reach a market size of $2.01 billion. The market is forecasted to grow at a compound annual growth rate (CAGR) of 18.7%.
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What are the Key Growth Drivers Fueling the Blockchain In Genomics Market?
The key drivers in the blockchain in genomics market are:
• Increasing demand for secure and efficient storage and retrieval of genomic data
• Growing adoption of blockchain-based solutions for genomic data sharing
• Rising investment in research and development activities in genomics
• Increasing government investments in healthcare research and development
Global Market Segmentation: Identifying Major Blockchain In Genomics Industry Segments
The blockchain in genomics market covered in this report is segmented –
1) By Service: Utility Tokens, Blockchain Platforms
2) By Business Model: Business-To-Business (B2B) Business Model, Business To Consumer (B2C) Business Model, Consumer-to-Business (C2B) Business Model
3) By Application: Automated Health Insurance, Pharmaceutical And Biotechnology Companies, Hospitals And Healthcare Providers, Research Institutes, Data Owners, Other End Users
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What are the Emerging Trends Shaping the Future of the Blockchain In Genomics Market?
The key trends in the blockchain in genomics market are:
• The market is being shaped by increasing demand for secure and efficient storage and retrieval of genomic data.
• The adoption of blockchain-based solutions for genomic data sharing is a significant emerging trend.
• There is a significant influence from rising investments in research and development activities in genomics.
• Adoption of blockchain in bioinformatics is another trend gaining momentum.
Who Are the Top Competitors & Leading Players in the Blockchain In Genomics Market?
Major companies in the blockchain in genomics market are:
• International Business Machines Corporation
• Sharecare Inc.
• WuXi Nextcode Genomics Inc.
• Health Utility Network Inc.
• Chronicled Inc.
• Medicalchain Ltd.
• Akiri Inc.
• Futura Genetics LLC
• Nebula Genomics Inc.
• Medicalchain SA
• Digital DNAtix Ltd.
• EncrypGen Inc.
• Longenesis
• Guardtime AS
• ProCredEx LLC
• Embleema Inc.
• Patientory Inc.
• Shivom Ventures Limited
• BurstIQ LLC
• Genobank.io Inc.
• LunaDNA LLC
• SimplyVital Health Inc.
• Zenome.io Ltd.
• Coral Health Research & Discovery Inc.
• FarmaTrust Holdings Limited
Regional Dominance: Which Area Leads the Global Blockchain In Genomics Market?
North America was the largest region in the blockchain in genomics market in 2024
