**Blockchain In Genomics Industry Forecast 2025-2034: Market Expansion, Trends, and Competitive Landscape**

 What are the recent trends in market size and growth for the blockchain in genomics market?

The blockchain in genomics market size has grown exponentially in recent years. It will grow from $0.84 billion in 2024 to $1.01 billion in 2025 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to rising developments in genomics, rising adoption of digital tools, digitization of healthcare services by patients, increasing interest in blockchain technologies and their capabilities, rising awareness about the potential benefits of blockchain in genomics.

The blockchain in genomics market size is expected to see rapid growth in the next few years. It will grow to $2.01 billion in 2029 at a compound annual growth rate (CAGR) of 18.7%. The growth in the forecast period can be attributed to 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. Major trends in the forecast period include advancements in blockchain-based technologies for genomic data storage and retrieval, technological advancements, innovative development, increased investment and funding, blockchain in bioinformatics.



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Blockchain In Genomics Market Report 2025

How have varous drivers impacted the growth of the blockchain in genomics market?

The rising adoption of digital tools is expected to propel the growth of the blockchain in genomics market going forward. Digital adoption is the process of incorporating new digital tools and systems to improve work processes and achieve objectives. The global COVID-19 pandemic served as a significant catalyst for digital adoption, with lockdowns and social distancing measures, individuals and businesses were forced to rely on digital tools for communication, education, shopping, and entertainment. Digital tools, such as software, hardware, and online platforms, are used blockchain in genomics to enhance encryption and security for genomic data, ensuring confidentiality and protection. For instance, in May 2024 according to a report published by Eurostat, a Luxembourg-based government agency, in 2023, 8.5% of individuals in the EU aged 16 to 74 participated in online consultations using the internet. Therefore, the rising demand for digital health solutions is driving the growth of blockchain in the genomics market.

What are the primary segments of the blockchain in genomics market?
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

Subsegments:
1) By Utility Tokens: Access Tokens, Functional Tokens
2) By Blockchain Platforms: Public Blockchain Platforms, Private Blockchain Platforms, Consortium Blockchain Platforms

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Blockchain In Genomics Market Report 2025

Which firms are leading the blockchain in genomics market?

Major companies operating in the blockchain in genomics market report 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: providing an anonymous and secure way to store DNA data Inc., LunaDNA LLC, SimplyVital Health Inc., Zenome - Home Ltd., Coral Health Research & Discovery Inc., FarmaTrust Holdings Limited

Which geographic trends are shaping the blockchain in genomics market, and which region has the highest market share?

North America was the largest region in the blockchain in genomics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blockchain in genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Does The Blockchain In Genomics Market Report 2025 Offer?

The blockchain in genomics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

Blockchain in genomics refers to the application of blockchain technology in the field of genomics, combining the decentralized and secure nature of blockchain with the storage, sharing, and analysis of genomic data. It provides a blockchain-based platform for individuals to securely store and share the genomic data.

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Blockchain In Genomics Market Report 2025

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