Blockchain Genomic Data Management

It is estimated that, by 2025, around 15% of the world’s population will have had their genomes sequenced, resulting in the generation of several zettabytes of data. However, currently, there are not many reliable and secure data management resources that offer secure storage, seamless exchange of information, and a reliable transaction platform, for large volumes of genomic and clinical data. The market landscape of blockchain in healthcare has emerged as a viable option to store / exchange genomic data. The decentralized information management model used in blockchains has demonstrated significant benefits in banking and the fintech industry. Moreover, cryptocurrencies, which are based on the blockchain technology, are considered to be a powerful tool for peer-to-peer transactions without involving a third party to track the exchange.

Blockchain has emerged as a viable solution for efficient storage and management of genomic data; this is evident from the various initiatives undertaken by players in this domain.

The market landscape features several new entrants offering blockchain-based genomic data related services

Close to 40% of the developers offering blockchain-based genomic data is headquarted in North America followed by over 30% players in Europe

The rising interest in this field is also apparent in opinions expressed by industry stakeholders on prominent social media platforms, such as Twitter.

In developing effective go-to-market strategies, companies are focusing on highlighting the key features of their blockchain products across a range of marketing / distribution platforms.

Several pharmaceutical players and government bodies are already leveraging blockchain-based platforms to manage genomic data and related insights

Blockchain based platforms can be used in various segments of the industry such as offering advanced genetic testing services, disease understanding, study of ancestry information and many more

Such insights have demonstrated the potential to address a variety of current and future needs of different entities involved in this domain.

Ongoing promotions and development activity indicate that the blockchain in genomic data management market will experience commendable growth as blockchain platforms will likely witness wide adoption across various healthcare practices

The blockchain platforms is  likely witness wide adoption across various healthcare practices

To learn more, please click Blockchain in Genomic Data Management Market Landscape. For any queries / suggestions, please do not hesitate to contact us at You can also download the SAMPLE REPORT on genomic data management by Roots Analysis.

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