Smart cards in healthcare offers high level of security and privacy for securely storing patient information including health history and personal health data. Smart cards authenticates a patient’s identity during healthcare services and helps in various health system management. Smart cards provide multiple benefits to healthcare entities like, enhanced patient tracking, reduced errors and reduced costs. The introduction of smartcards in healthcare sector is expected to bring down the processing time of records and record-keeping while increasing the access to data. This will enable faster identification and follow-up for patients with extended patient records.
Smart cards can be used for creating new medical identity at the front end while eliminating duplication of data entry and record-keeping. Smart cards can store digital certificates that authenticate a person and extend access at various stages of healthcare services. Ease of recognition and purpose-oriented application is the key feature of smart cards in healthcare environment. The data entered on smart cards can be used to generate multiple digital certificates for patient care purposes.
Major players operating in the global smart cards in healthcare market are focused on adopting partnership and collaboration strategies to enhance their market share. For instance, in 2017, Fintech collaborated with CardLogix to develop new biometric payment card solution with CardLogix’ security features including fingerprint sensor, aid to store biometric data and additional security feature to avoid skimming and cloning for high secure transactions.
Global Smart Cards in Healthcare Market: Drivers
Initiatives to boost adoption of smart cards is expected to propel growth of the global smart cards in healthcare market over the forecast period. For instance, in 2017, Chhattisgarh government, India, announced to provide new health smart cards, which are expected to help low income group for cashless treatment at the registered hospitals.
Moreover, in 2017, government of India announced an annual budget of over US$ 24 billion to offer new smart cards to veterans under Ex-Servicemen Contributory Health Scheme.
Global Smart Cards in Healthcare Market: Opportunities
Increasing healthcare digitalization is expected to offer lucrative growth opportunities for players in the global smart cards in healthcare market. For instance, the survey, ‘Taking the Pulse of Digital Transformation in Healthcare – South East Asia’, conducted by InterSystems Corporation, concluded that majority of private hospitals in Asia expect to implement real-time big data analysis capabilities over the next five years. Moreover, statistically, this share is expected to increase from 13% of hospitals currently to 69% in five years.
Global Smart Cards in Healthcare Market: Competitive Landscape
Major players operating in the global smart cards in healthcare market include, American Express Company, Atos SE, CardLogix Corporation, Giesecke & Devrient, Gemalto NV, INSIDE Secure SA, Infineon Technologies AG, Oberthur Technologies SA, SCM Microsystems, and VeriFone Holdings, Inc.,
Global Smart Cards in Healthcare Market: Key Developments
Major players operating in the global smart cards in healthcare market are focused on adopting partnership and collaboration strategies to enhance their market share. For instance, in August 2020, Giesecke & Devrient and Netcetera entered the strategic partnership under which, G+D will become a shareholder of the Swiss company with its investment.
Global Smart Cards in Healthcare Market: Taxonomy
By Product Type
- Hybrid Smart Cards
- Contactless Smart Cards
- Contact-Based Smart Cards
- Dual-Interface Smart Cards
- Memory Card-Based Smart Cards
- Microcontroller-Based Smart Cards
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Smart Cards In Healthcare Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Smart Cards In Healthcare Industry Impact
Chapter 2 Global Smart Cards In Healthcare Competition by Types, Applications, and Top Regions and Countries
2.1 Global Smart Cards In Healthcare (Volume and Value) by Type
2.3 Global Smart Cards In Healthcare (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Smart Cards In Healthcare Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Smart Cards In Healthcare Market Analysis
Chapter 6 East Asia Smart Cards In Healthcare Market Analysis
Chapter 7 Europe Smart Cards In Healthcare Market Analysis
Chapter 8 South Asia Smart Cards In Healthcare Market Analysis
Chapter 9 Southeast Asia Smart Cards In Healthcare Market Analysis
Chapter 10 Middle East Smart Cards In Healthcare Market Analysis
Chapter 11 Africa Smart Cards In Healthcare Market Analysis
Chapter 12 Oceania Smart Cards In Healthcare Market Analysis
Chapter 13 South America Smart Cards In Healthcare Market Analysis
Chapter 14 Company Profiles and Key Figures in Smart Cards In Healthcare Business
Chapter 15 Global Smart Cards In Healthcare Market Forecast (2021-2027)
Chapter 16 Conclusions
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