Market size, growth to 2033 and clinical trials, side by side.
China is the bigger Blockchain-as-a-Service market: $169 Mn against $38 Mn in 2023, about 4.4 times as large.
India grows faster: 32.3% a year, against 30.8%. The gap still grows from $131 Mn to $1.8 Bn by 2033.
Clinical research: 0 active trials in India, 1 in China.
| Measure | ||
|---|---|---|
| Market size, 2023 | $38 Mn | $169 Mn |
| Market size, 2033 projected | $626 Mn | $2.5 Bn |
| Growth a year (CAGR) | 32.3% | 30.8% |
| Money added, 2023–2033 | $588 Mn | $2.3 Bn |
| Share of the world market | 1.8% | 8% |
| Size rank of 24 countries | #13 | #3 |
| Market per person, 2023 | $0.03 | $0.12 |
| Active clinical trials | 0 | 1 |
| Full report | India report | China report |
India China · values between 2023 and 2033 are projected from the 2023 size and the CAGR.
China is the bigger Blockchain-as-a-Service market: $169 Mn against $38 Mn in 2023, about 4.4 times as large.
India grows faster: 32.3% a year, against 30.8%. The gap still grows from $131 Mn to $1.8 Bn by 2033.
Sources: market size and growth: Acuitas Health Analytics research (2023 base year, forecasts to 2033). Trials: ClinicalTrials.gov (fetched 10 Nov 2026); found by search words, so counts are a guide. Population: World Bank.