Healthcare Biometrics Market Overview:
According to market research future (MRFR), the global healthcare biometrics market is expected to grow at the CAGR of 22.3% and acquire USD 5.6 billion by 2022. The global market for healthcare biometrics is growing rapidly over the forecast period, driven by the demand for advanced healthcare devices and diagnosis systems globally. The increasing awareness concerning the security and safety of the patient population, the growing application of biometrics devices in the healthcare sector and other healthcare data and rising healthcare infrastructure such as hospitals, clinics, and research centers are driving the market growth for healthcare biometrics devices over the review period.
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Healthcare Biometrics Market Key Players
Some of the key players identified in this healthcare biometrics market are
- 3M Cogent Inc.
- Fujitsu Limited
- BioEnable Technologies
- Crossmatch Technologies Inc.
- NEC Corporation
- Bio-Key International Inc.
- Morpho (A Subsidiary of Safran SA)
- Suprema, Inc.
- Integrated Biometrics
- Imprivata Inc.
Healthcare Biometrics Market Segmental Analysis
Healthcare Biometrics market has been segmented based on technology , application, and end-users. The technologies used in the healthcare biometrics market comprises of fingerprint recognition, face recognition, vein recognition, iris recognition, behavioral recognition, palm geometry recognition, and others. These technologies are highly advanced and in major demand, depending on the application for which they are being adopted.
Based on the applications of biometrics in healthcare, the market is segmented into patient identification, data security, medical record management, patient monitoring, and others. among these, the patient monitoring and medical record management have the highest demand owing to the seriousness of the data management of these applications.
On the basis of end-user, the global Healthcare Biometrics market is segmented into research laboratories, healthcare institutes, Hospitals, and others.
On the basis of region, the global Healthcare Biometrics market is segmented and analyzed in North America, the middle east and Africa, Europe, and the asia pacific.
Globally, the North American region of the global healthcare biometrics market accounts for the largest market share over the review period, mostly due to the well-established medical sector and the increasing demand for regulatory requests over the review period. Concurrently, some influential factors such as growing digital progressions in medical technology, wide uptake of healthcare biometrics in hospitals and clinics, coupled with the presence of the thriving healthcare insurance industry are driving the market growth in the region in the coming years. Also, the rising demand for user-friendly software and applications, coupled with the importance of microelectronic medical records is expected to contribute to market growth. The US region, driven by the advances in verification solutions, medical record management, patient identification, data security and, patient monitoring, is expected to grow as the major contributor towards the market growth in the region.
The European region is the second most lucrative market for biometrics in healthcare leading at the second position. The healthcare biometrics market in Europe is driven by the increased demand for healthcare biometrics for data management solutions across the region. Indisputably, the surging economic growth in the region is a leading factor driving the regional market growth, along with the government initiatives towards increasing healthcare facilities. Also, the augmented funding in the increasing numbers of medical record management apprehensions, especially in the field of healthcare Insurance are fueling the growth of the healthcare biometrics market in the region.
The market for biometrics in healthcare in the Asia Pacific region is fast developing as a promising market over the review period. The growing healthcare sector, along with the rapidly evolving biometric system models and advanced technologies outlines the market landscape in the region over the forecast period. Furthermore, rapidly enhancing economic conditions in developing counties such as India and China, along with the regional penetration of healthcare technology in these countries is providing favorable conditions towards the market growth. The healthcare biometrics market in the APAC is also expected to grow owing to the presence of a vast scope of growth opportunities for global market players.
Browse the market data and information spread across 90 pages with data tables and figures of the report “Healthcare Biometrics Market Information, by technology (face recognition, fingerprint recognition, vein recognition, behavioral recognition, iris recognition, palm geometry recognition and others), by application (patient identification, patient monitoring, medical record management, data security, and others) by end user (Hospitals, research laboratories, healthcare institutes, and others) – Forecast to 2022” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/Healthcare-biometrics-market-2450
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