Healthcare Biometrics Market : Global Share, Size, Growth, Trends & Outlook ( 2022 – 2032 )

Biometrics in healthcare are used to summarize the biometric data inputs like fingerprints, face recognition etc. Factors such as growing healthcare IT application combined with rising awareness & demand for cyber security and biometric development catering to the healthcare facilities are projected to drive the growth of the market in the coming years. The global healthcare biometrics market size is estimated to register a compound annual growth rate (CAGR) of 18.7% during the forecast period i.e., 2020-2025. Moreover, global healthcare biometrics market is anticipated to capture a market opportunity of USD 546.0 Million between 2020 & 2025.

Market Insights

Increasing Adoption of Biometrics Technologies for Medical Record & Data Center Security

Many hospitals & clinics are specializing in high-quality healthcare services which are efficient and convenient. Thus, with the increasing adoption of EHRs (electronic health records) at medical centers, concerns over the protection of knowledge exchange & data integrity have increased because it is crucial to responsibly manage, store, and link medical and confidential patient data across networks, which is being through with the utilization of biometric systems. These biometric technologies offer accurate, efficient, and convenient solutions to healthcare providers and medical data center operators and also make sure that access is provided only to authorized individuals, especially just in case of critical varieties in data centers, counseling of patients, and ongoing patent studies. Biometrics technologies also provide narcotic security, billing reliability, and counter insurance fraud because of which these are increasingly being employed to secure restricted narcotics and medications. Furthermore, these technologies generate operational efficiencies for all ID procedures, excludes the possibilities of medical fraud and diminish the duplicity of medical records.

Segmentation Analysis

The global market for healthcare biometrics is segmented by technology, application, and end user. On the basis of technology, the market is segmented into single-factor authentication and multi-factor authentication, out of which, single-factor authentication segment is expected to grow at a considerable CAGR over the forecast period, i.e., 2020-2025. Further, the single-factor authentication segment is sub-segmented into face recognition, fingerprint recognition, iris recognition, palm geometry recognition, signature recognition, voice recognition and others. Furthermore, it was followed by multi-factor authentication segment in terms of market share in 2019.

By application, the market is divided into patient identification & tracking, medical record security & data center security, care provider authentication, remote patient monitoring, pharmacy dispensing and others, out of which, medical record security & data center security segment is envisioned to register a higher revenue share in the global market over the forecast period. Apart from this, the patient identification & tracking segment is projected to attain a noteworthy CAGR over the upcoming years.

Based on end user, the market is segregated into hospitals & clinics, healthcare institutions and research & clinical laboratories, out of which, hospitals & clinics segment is anticipated to attain the highest market share in the overall market over the upcoming years. In addition, research & clinical laboratories segment is expected to thrive at a significant CAGR over the forecast period i.e. 2020-2025.

Geographical Analysis

In terms of geography, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the healthcare biometrics market, North America is predicted to capture a considerable market share over the forecast period. Further, factor such as increasing incidence of fraudulent activities leading to the adoption of technologically advanced biometric systems to gather patient data and registration data across the region are anticipated to drive the growth of North America market. Further, the Europe market is driven on the back of growing government support and the emergence of IoT applications in the region and is anticipated to grow at a notable compound annual growth rate (CAGR) from 2020 to 2025.

Competitive Analysis

The report also covers detailed competitive analysis of major market players of global healthcare biometrics market, such as NEC Corporation, Fujitsu Limited, 3M Cogent, Inc., Imprivata, Inc., Lumidigm, ZKteco, Inc., Crossmatch Technologies, Inc., BIO-key International, Inc., Suprema Inc., Integrated Biometrics and other major & niche players. The global healthcare biometrics market is witnessing a wide range of industry activities such as launch, innovation, merger, partnership, acquisition, research & development, and expansion across the globe.

Segmentation

By Technology:

- Single-factor Authentication

- Face Recognition

- Fingerprint Recognition

- Iris Recognition

- Palm Geometry Recognition

- Signature Recognition

- Voice Recognition

- Others

- Multi-factor Authentication

- Smart Card with Biometrics

- Biometrics with PIN

- Others

By Application:

- Patient Identification & Tracking

- Medical Record Security & Data Center Security

- Care Provider Authentication

- Remote Patient Monitoring

- Pharmacy Dispensing

- Others

By End User:

- Hospitals & Clinics

- Healthcare Institutions

- Research & Clinical Laboratories

By Geography:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, and Rest of Latin America)

- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

• NEC Corporation
• Fujitsu Limited
• 3M Cogent, Inc.
• Imprivata, Inc.
• Lumidigm
• ZKteco, Inc.
• Crossmatch Technologies, Inc.
• BIO-key International, Inc.
• Suprema Inc.
• Integrated Biometrics
• Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (launch, acquisition, expansion, technology development, research & development and other market activities).

The study also provides company’s positioning and market share in healthcare biometrics market.

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2025: Forecast Period

Research Scope and Deliverables

Overview & Executive Summary

Market Drivers, Trends, Challenges and Opportunities

Market Size and Forecast Projections

Macroeconomic Indicators of Various Countries Impacting the Growth of the Market

Extensive Coverage of Industry Players including Recent Product Launches and Market Activities

Porter’s Five Force Analysis

Market Segmentation Analysis

Industry report analyzes the global healthcare biometrics market by the following segments:

- Technology

- Application

- End User

Customization: We also offers customization in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Healthcare Biometrics Industry Report

• What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
• What is the impact of coronavirus disease (COVID-19) on the market and the upcoming changes in the market?
• Which region would have high demand for product in the upcoming years?
• What are the factors driving the growth of the market?
• Which sub-market will make the most significant contribution to the market?
• What are the market opportunities for existing and entry-level players?
• What are various long-term and short-term strategies adopted by the market players?

Table of Content:

1. Preface
   1. Research Methodology
   2. Geographic Scope
   3. Years Considered
2. Executive Summary
3. Market Overview
   1. Healthcare Biometrics Overview
   2. Market Definition & Key Market Segments
   3. Industry Development
   4. Global Market Maturity
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
   5. Porter’s Five Force Analysis
   6. Industry Value Chain Analysis
   7. Macro-Economic Trends
4. Detailed Impact Analysis of Coronavirus Disease (COVID-19) on Healthcare Biometrics Market
5. Growth Drivers & Barriers in Global Healthcare Biometrics Market
6. Trends in Global Healthcare Biometrics Market
7. Global Healthcare Biometrics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
8. Global Healthcare Biometrics Market Segmentation Analysis, By Technology
   1. Introduction
   2. Market Attractiveness, By Technology
   3. BPS Analysis, By Technology
   4. Single-factor Authentication Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      1. Face Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      2. Fingerprint Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      3. Iris Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      4. Palm Geometry Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      5. Signature Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      6. Voice Recognition Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   5. Multi-factor Authentication Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      1. Smart Card with Biometrics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      2. Biometrics with PIN Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
      3. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
9. Global Healthcare Biometrics Market Segmentation Analysis, By Application
   1. Introduction
   2. Market Attractiveness, By Application
   3. BPS Analysis, By Application
   4. Patient Identification & Tracking Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   5. Medical Record Security & Data Center Security Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   6. Care Provider Authentication Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   7. Remote Patient Monitoring Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   8. Pharmacy Dispensing Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
   9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10. Global Healthcare Biometrics Market Segmentation Analysis, By End User
    1. Introduction
    2. Market Attractiveness, By End User
    3. BPS Analysis, By End User
    4. Hospitals & Clinics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    5. Healthcare Institutions Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    6. Research & Clinical Laboratories Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11. Geographical Analysis
    1. Introduction
    2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
       1. By Technology
       2. By Application
       3. By End User
       4. By Country
          1. Introduction
          2. Market Attractiveness, By Country
          3. BPS Analysis, By Country
          4. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          5. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
       1. By Technology
       2. By Application
       3. By End User
       4. By Country
          1. Introduction
          2. Market Attractiveness, By Country
          3. BPS Analysis, By Country
          4. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          5. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          6. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          7. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          8. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          9. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          10. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
       1. By Technology
       2. By Application
       3. By End User
       4. By Country
          1. Introduction
          2. Market Attractiveness, By Country
          3. BPS Analysis, By Country
          4. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          5. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          6. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          7. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          8. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          9. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          10. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          11. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          12. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
       1. By Technology
       2. By Application
       3. By End User
       4. By Country
          1. Introduction
          2. Market Attractiveness, By Country
          3. BPS Analysis, By Country
          4. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          5. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          6. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
    6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
       1. By Technology
       2. By Application
       3. By End User
       4. By Geography
          1. Introduction
          2. Market Attractiveness, By Geography
          3. BPS Analysis, By Geography
          4. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          5. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          6. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
          7. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12. Competitive Landscape
    1. Market Share of Key Players
    2. Market Positioning of Major Players in Global Healthcare Biometrics Market
    3. Company Profiles
       1. NEC Corporation
          1. Company Overview
          2. Product Offered
          3. Business Strategy
          4. Financials
          5. SWOT Analysis
          6. Key Achievements & Developments
       2. Fujitsu Limited
       3. 3M Cogent, Inc.
       4. Imprivata, Inc.
       5. Lumidigm
       6. ZKteco, Inc.
       7. Crossmatch Technologies, Inc.
       8. BIO-key International, Inc.
       9. Suprema Inc.
       10. Integrated Biometrics
       11. Other Major & Key Players
13. Disclaimer