The healthcare industry continues to be a hotbed of patent innovation. Activity is driven by telemedicine, real-time diagnostics, smart hospitals and access to digital therapies, and the growing importance of technologies such as artificial intelligence (AI), the internet of things (IoT), augmented reality (AR), robotics and data management practices. In the last three years alone, there have been over 156,000 patents filed and granted in the healthcare industry, according to GlobalData’s report on Internet of Things in healthcare: patient data blockchainBuy the report here.

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According to GlobalData’s Technology Foresights, which uses over 95,000 patents to analyze innovation intensity for the healthcare industry, there are 30+ innovation areas that will shape the future of the industry.

Patient data blockchain is a key innovation area in Internet of Things

Secure patient data interchange among doctors, hospitals, labs, and pharmacies is made possible by blockchain technology in healthcare. Blockchain technology has replaced the conventional methods that many organisations use to maintain comparable patient data. This allows for improved diagnosis and individualized treatment plans depending on the patient’s medical history.

GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 110+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of patient data blockchain.

Key players in patient data blockchain – a disruptive innovation in the healthcare industry

‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.

Patent volumes related to patient data blockchain

Company Total patents (2021 - 2023) Premium intelligence on the world's largest companies
Bluefin Payment Systems 60 Unlock Company Profile
Koninklijke Philips 59 Unlock Company Profile
DexCom 45 Unlock Company Profile
IBM 45 Unlock Company Profile
Johnson & Johnson 25 Unlock Company Profile
Alibaba Group 24 Unlock Company Profile
Accenture 19 Unlock Company Profile
Laboratory Corp of America 17 Unlock Company Profile
CMR Surgical 17 Unlock Company Profile
Siemens Healthineers 16 Unlock Company Profile
Becton Dickinson 15 Unlock Company Profile
OptumHealth Care Solutions 14 Unlock Company Profile
Visa 14 Unlock Company Profile
Universal Secure Registry 14 Unlock Company Profile
SAP 14 Unlock Company Profile
General Electric 13 Unlock Company Profile
Addi Medical 13 Unlock Company Profile
Walmart 11 Unlock Company Profile
MDClone 11 Unlock Company Profile
LunaPBC 11 Unlock Company Profile
CompuGroup Medical 10 Unlock Company Profile
Samsung Group 10 Unlock Company Profile
ResMed 10 Unlock Company Profile
Macrogen 9 Unlock Company Profile
Akamai Technologies 9 Unlock Company Profile
Datavant 8 Unlock Company Profile
Advanced New Technologies 8 Unlock Company Profile
Bbm Health 7 Unlock Company Profile
Robert Bosch Stiftung 7 Unlock Company Profile
Hewlett Packard Enterprise 7 Unlock Company Profile
ICU Medical 7 Unlock Company Profile
Ali Group 7 Unlock Company Profile
HerdX 7 Unlock Company Profile
Omniscient Neurotechnology 6 Unlock Company Profile
Micron Technology 6 Unlock Company Profile
Beijing Electronics 6 Unlock Company Profile
Ecole Polytechnique Federale de Lausanne 6 Unlock Company Profile
Capital Payments 6 Unlock Company Profile
Mitsubishi Electric 6 Unlock Company Profile
Netspective Communications 6 Unlock Company Profile
Nephron Pharmaceuticals 6 Unlock Company Profile
CircaGene 6 Unlock Company Profile
Stryker 5 Unlock Company Profile
WS Audiology 5 Unlock Company Profile
Siemens 5 Unlock Company Profile
NantWorks 5 Unlock Company Profile
Myndshft Technologies 4 Unlock Company Profile
AllClear ID 4 Unlock Company Profile
Boston Scientific 4 Unlock Company Profile
MediBloc 4 Unlock Company Profile

Source: GlobalData Patent Analytics

Bluefins Payment Systems is the leading patent filer in the field of patient data blockchain. Some other key patent filers in the field include Koninklijke Philips and DexCom.

In terms of application diversity, MDClone leads the pack, followed by ResMed and CircaGene. By means of geographic reach, Bluefin Payment Systems holds the top position, followed by CMR Surgical and Laboratory of America in second and third spots, respectively.

Better drug traceability, better treatment planning, better supply chain management, and better patient outcomes have all been demonstrated via blockchain-based information exchange in the healthcare sector. Although decentralised and secure, blockchain-based data storage is expensive to construct and requires specialized skills for data processing, which may limit its application.

To further understand how cybersecurity is disrupting the healthcare industry, access GlobalData’s latest thematic research report on Healthcare.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.