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Which Factors Will Shape The Blockchain In Genomics Market Size Through 2030?
The market for blockchain in genomics has experienced significant expansion in recent years. It is projected to expand from $1.01 billion in 2025 to $1.2 billion in 2026, achieving a compound annual growth rate (CAGR) of 19.2%. Historically, this market’s growth can be attributed to the increasing demand for personalized medicine, the continuous generation of genomic data, the adoption of cloud-based genomic platforms, a rising need for secure data sharing, and ongoing advancements in genomics research and sequencing technologies.
The market for blockchain in genomics is projected to experience substantial expansion over the upcoming years. By 2030, its valuation is anticipated to reach $2.35 billion, demonstrating a compound annual growth rate (CAGR) of 18.3%. This anticipated growth is driven by factors such as the integration of blockchain technology with AI in genomics, the expansion of marketplaces for genomic data, the rising acceptance of tokenized genomic data models, the proliferation of both business-to-business (B2B) and business-to-consumer (B2C) genomic services, and an escalating regulatory emphasis on ensuring data privacy and security within the genomics sector. Key trends during this period are expected to encompass secure storage of genomic data, blockchain-enabled sharing of genomic data, patient consent management facilitated by blockchain, automated controls for genomic data access, and the tokenization of genomic information.
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What Is Propelling The Blockchain In Genomics Market Toward $2.35 Billion By 2030?
The increasing integration of digital tools is anticipated to fuel the expansion of the blockchain in genomics market in the future. Digital adoption refers to the practice of incorporating novel digital instruments and systems to enhance workflows and meet goals. The worldwide COVID-19 pandemic acted as a major accelerator for digital adoption, as quarantine mandates and social distancing protocols compelled individuals and enterprises to depend on digital platforms for communication, learning, commerce, and leisure. Digital instruments, including software, hardware, and internet-based platforms, are leveraged by blockchain in genomics to boost encryption and security for genomic data, thus ensuring confidentiality and protection. For example, in May 2024, a report released by Eurostat, a government agency situated in Luxembourg, indicated that in 2023, 8.5% of people in the EU aged 16 to 74 engaged in online consultations via the internet. Consequently, the increasing need for digital health solutions is propelling the expansion of the blockchain in the genomics market.
What Are The Key Segments And Subsegments In 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 Applications
Subsegments:
1) By Utility Tokens: Access Tokens, Functional Tokens
2) By Blockchain Platforms: Public Blockchain Platforms, Private Blockchain Platforms, Consortium Blockchain Platforms
Blockchain In Genomics Market Trends Behind The 18.3% CAGR Forecast
Major companies in the blockchain-in-genomics market are establishing strategic partnerships to create blockchain-based Proof of Personhood (PoP) credentials that leverage DNA testing for exceptionally secure and sybil-resistant identity verification. For example, in February 2025, Humanity Protocol, a China-based blockchain identity verification network, collaborated with Prenetics, a China-based genomics firm, to integrate Prenetics’ CircleDNA service as an official Identity Validator within Humanity Protocol’s blockchain infrastructure. This alliance combines advanced genetic testing with zero-knowledge proof technology to produce privacy-preserving PoP credentials that deter Sybil attacks. Additionally, Prenetics is forming a Crypto Strategic Reserve by investing $1.5 million in digital assets, including $H tokens, Bitcoin, and Solana, to foster innovation at the convergence of blockchain, healthcare, and decentralized science. The partnership aims to unify genomic accuracy with blockchain capabilities to drive decentralized identity solutions for finance, healthcare, and governance, while ensuring strong privacy protections. This marks a significant step forward in introducing DNA-based identity verification into Web3 and decentralized ecosystems.
Major Companies Profiled In The Blockchain In Genomics Market Report
Major companies operating in the blockchain in genomics market are International Business Machines Corporation; Sharecare Inc.; WuXi Nextcode Genomics Inc.; Health Utility Network Inc.; Medicalchain Ltd.; Futura Genetics LLC; Nebula Genomics Inc.; Digital DNAtix Ltd.; EncrypGen Inc.; Longenesis; Guardtime AS; Embleema Inc.; Patientory Inc.; Shivom Ventures Limited; BurstIQ LLC; Genobank.io Inc.; LunaDNA LLC; SimplyVital Health Inc.; Zenome.io Ltd.
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Where Does The Blockchain In Genomics Market Generate The Most Revenue?
North America was the largest region in the blockchain in genomics market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
