Global Healthcare Biometrics Market is expected to reach
USD 11.7 billion by 2024, according to a new report by Grand View Research,
Inc. The demand for biometric systems in the healthcare market is expected to
surge due to the rising cases of medical identity thefts, the most predominant
form of healthcare fraud jeopardizing patient health, and the resultant
government initiatives favoring digitalization of healthcare systems.
Associated benefits, such as data
protection, elimination of the need of physical supervision, advanced security
protocols, and strengthened patient trust & reliability, are certain vital
impact rendering factors propelling the growth of these systems in the
healthcare industry.
Also, establishment of federal laws, such
as the Electronic Protected Health Information and Health Insurance Portability
and Accountability acts are expected to propel the demand for these advanced
biometric systems.
Full Research Report on Global Healthcare
Biometrics Market Analysis:
http://www.grandviewresearch.com/industry-analysis/biometrics-in-healthcare-market
http://www.grandviewresearch.com/industry-analysis/biometrics-in-healthcare-market
Further key findings from the study
suggest:
- Based on technology, the healthcare biometrics market has been
fragmented into face recognition, fingerprint analysis, iris recognition,
vein recognition, palm geometry recognition, behavioral recognition, and
others. Technologies such as DNA analysis and retina scanning-based
solutions are expected to witness the fastest growth over the forecast
period.
- The other technologies segment is anticipated to grow at a CAGR
of about 27.0%, which is attributable to the rapid development of
DNA-based recognition systems and their incorporation within the
healthcare field
- The behavioral recognition technology is further classified
into voice recognition, signature recognition, and others. The voice
recognition segment is expected to witness lucrative growth over the
forecast period due mainly to the technology advancements comprising
miniaturization and greater processing power.
- Systems with the ability to identify voice prints are being
developed, for instance, Amerigroup Community Care of Florida aims to
acquire a voice biometric solution for its Indian policy holders to
overcome security lapses in telephonic communication
- Based on region, North America is expected to dominate the
market whereas Asia Pacific is anticipated to witness the fastest growth
over the forecast period. The growth drivers in both these regions are
similar, however, the presence of well-established infrastructure and digitalized
platforms in North America are responsible for the high market share. By
2024, the Asia Pacific region is expected to contribute to over 20.0% of
the revenue.
- Some of the major industry players include BIO-key
International, NEC Corporation, Imprivata, Inc., Fujitsu, Crossmatch,
Suprema, 3M, HID Biometric, and MorphoTrust. New product launches and
rising R&D efforts directed toward technology refinements by these
companies will be witnessed over the forecast period.
- Imprivata, Inc., approved the certification of their palm
scan-based biometric platform PatientSecure, developed as a kiosk center
whereby patients may identify themselves and register an appointment for
one or more of the services offered at the respective healthcare facility.
The approval was granted in July 2016 after it was showcased at the
Healthcare Information and Management Systems Society conference.
View
more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the Global Healthcare Biometrics Market on the
basis of technology and region.
Global Healthcare Biometrics Market by
Technology (USD Million), 2013 - 2024
- Face Recognition
- Fingerprint Recognition
- Iris Recognition
- Vein Recognition
- Palm Geometry Recognition
- Behavioral Recognition
·
By technology
§ Signature recognition
§ Voice recognition
§ Others
·
By Type
§ Single factor authentication
§ Multi-factor authentication
§ Multi-modal authentication
·
Others
Healthcare Biometrics Market by Region
(USD Million), 2013 - 2024
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
View Press
Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-biometrics-in-healthcare-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us: www.grandviewresearch.com