Healthcare Biometrics Market Size Study, by Technology (Face-Recognition, fingerprint recognition, iris recognition, palm recognition, others), by Application (Medical record & Data Centre Security, Patient Identification & tracking, Care Provider Authentication, workforce Management), by End-Use (Hospitals & clinics, Healthcare Institutions, Research Clinical Laboratories) and Regional Forecasts 2017-2025

  • Product Code:
    RP-ID-10013185
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    180
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Healthcare Biometrics Market valued approximately USD 1185 million in 2016 is anticipated to grow with a healthy growth rate of more than 20.2% over the forecast period 2017-2025. The primary factors driving the growth of global healthcare bioelectronic market includes, government initiative to support healthcare biometric, increasing investments by hospitals on development of security infrastructure, Rising Incidence of Healthcare Data Breaches and Medical Identity Theft.

On the basis of geography, the global healthcare biometrics market is dominated by North America, followed by Europe. North America market contributes to the maximum 38% revenue share in 2016 and is also anticipated to witness highest CAGR of 21% during forecast period. highest CAGR of 20.2% during the forecast period. The region has the presence of number of prominent players and gaining significant government support for the installation of healthcare biometrics.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

• Face-recognition
• Fingerprint-recognition
• Iris-recognition
• Vein-recognition
• Palm-recognition
• Palm-geometry recognition
• Behavioral recognition
• Others

By Application:

• Medical Records & Data Centre Security
• Patient identification & Tracking
• Care Provider Authentication
• Pharmacy Dispensing
• Workforce Management
• Home/Remote Patient Monitoring
• Other Application

By End-Use:

• Hospital & Clinic
• Healthcare Institution
• Research & Clinical Laboratories

By Regions:
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
• Asia Pacific
o China
o India
o Japan
• Latin America
o Brazil
o Mexico
• Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025

Some of the key manufacturers involved in the market NEC Corporation, Fujitsu Ltd.
3M Cogent Inc., Morpho, Imprivata Inc., Suprema Inc., Bio-Key Internation Inc., Lumidigm, Crossmatch Technologies, Zkteco, Inc,. Frequent cross industry partnerships are leading to market consolidation.

Target Audience of the Healthcare Biometrics Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Fujitsu Ltd.
3M Cogent Inc.
Morpho
Imprivata Inc.
Suprema Inc.
Bio-Key Internation Inc.
Lumidigm
Crossmatch Technologies
Zkteco, Inc,.
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