Healthcare Biometric Market Is Predicted To Reach USD 11.7 Billion By 2024:By Grand View Research, Inc.
The 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.
Browse full research report on Healthcare Biometric
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.
Browse more reports of this category by Grand View
Research: 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
Access 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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
Comments
Post a Comment