Market Research Report
Global Healthcare Biometrics Market Research and Forecast, 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||839587|
Delivery time: 2-3 business days
|Global Healthcare Biometrics Market Research and Forecast, 2019-2025|
|Published: May 1, 2019||Content info:||
Global Healthcare Biometrics Market, Size, Share & Trends Analysis Report, By Solution (Face Recognition, Fingerprint/Hand Recognition, Voice Recognition, Signature Recognition, Iris/Hand Recognition and Other), By Application Analysis (Access Control, Workforce Management, Patient Management, and Other), By End-User (Hospitals & Clinics and Research Institute & Laboratories) and Forecast, 2019-2025
Healthcare biometrics refers to provide staff authentication and patient identification solutions. The biometrics system is most often used in combination with the smart identification card and passwords to secure and access patient records. The adoption of biometric systems in healthcare is increasing significantly owing to growing healthcare fraud, improving patient privacy and healthcare safety. The biometrics system in healthcare has various applications for hospitals, physicians, offices and remote monitoring of patients. It has the potential to access, identify and manage patients record storage. The system enables to provide access control and patient identification solutions through fingerprint, voice recognition and other solutions. The deployment of biometric system in hospitals, and increasing need to identify patients, with a high degree of certainty will boost the healthcare biometrics in near future. The biometric technology-based solutions provide authentication, and identity assurance and reduce the chances of healthcare fraud. The technology enables to optimize privacy, security, operational efficiencies, and extend patient satisfaction by eliminating medical errors. On the basis of behavioral biometrics type, the healthcare biometrics market is segmented into voice recognition and signature recognition. The factors contributing to the growth of the healthcare biometrics market include growing demand for healthcare security, rising demand for patient records safety and cohesive government policies. However, the high cost of a biometric system will affect the growth of healthcare biometrics market.
Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America region dominates the global healthcare biometrics market owing to the growing adoption of biometric system to prevent healthcare fraud, secure patient's health records and increasing government healthcare programs in the region. Whereas, Asia-Pacific is the fastest growing market for healthcare biometrics due to the increasing demand for biometrics in the healthcare sector. Global healthcare biometrics market players contribute significantly into the growth of the market. For instance, Suprema Inc., offers state-of-the-art biometric access control solutions for healthcare institutions and hospitals, globally. The company offers a flexible, secure, and advanced solution for the needs of healthcare facilities. The company provides BioStation L2, integrated with live finger detection technology which enables to analyze changing pattern, liveness and so forth. The advanced detection technology implements a decision engine through dual light source imaging. Through the utilization of infra-red and white light, the engine blocks fake fingerprints.
Moreover, NEC Corp., Fujitsu Ltd., Gemalto N.V., IDEMIA, Suprema Inc., BIO-Key International Inc., and Cross Match Holdings, Inc. are among other major companies that are contributing into the growth of healthcare biometrics market. Healthcare biometrics market players are focused on developing innovative biometrics technology and solutions to stay competitive in the market. Merger & acquisition, geographical expansion, product launch and so forth are the key strategies adopted by major market players. In December 2018, Element partnered with Population Services International (PSI), to provide long term personalized health services, through biometric identification platform. The partnership will benefit both the companies to serve in 67 countries, the biometric identification platform enables to support the provision of targeted health services. Companies such as Element offer non-touch technology registered with authenticates clients and captures images of face or palm through the camera on a smartphone or tablet.
The market study of the global healthcare biometrics market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for hospitals, clinics, laboratories, research institutes, government research organization, academic institutions and universities, investment companies, for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.