The global market for healthcare biometrics is anticipated to develop as more hospitals and healthcare organisations embrace biometric identification systems. The majority of hospitals and healthcare facilities use biometric technologies to protect patient data and safeguard the identification of patients. For example, according to a report published in Hindawi, a for-profit publisher of scientific, technical, and medical literature, on September 1, 2022, the majority of biometric authentication in the healthcare industry goes towards patient tracking and monitoring; however, its usage for access control, identity, workforce management, and patient record storage is also growing. In the global healthcare biometric market, North America holds the largest share thanks to the presence of major industry participants and the rising number of medical biometric system releases. The worldwide healthcare biometrics market is divided into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa based on region. Due to the rising releases of medical biometric systems by prominent players in this area, North America is predicted to have considerable growth in the global healthcare biometrics market.
Coherent Market Insights projects that the worldwide Healthcare Biometrics Market will reach US$ 5,759.6 million in 2022 and grow at a CAGR of 24.4% during the forecast period (2022 – 2030).
Prominent Companies in the Healthcare Biometrics Industry:
1. BIO-key International
The business was established in 1993 and its main office is in New Jersey, United States. Biometric finger identification software is created and licenced by the company. With hardware independence and alias checks, the Company's capabilities prohibit fake identities. In December 2021, BIO-key released an improved admin panel and user interface for IT teams managing its PortalGuard Identity-as-a-Service (IDaaS) solution.
2. Fujitsu Limited
The firm was founded in 1935 and has its headquarters in Tokyo. The business offers a variety of services, including complete information technology development, network and telecommunication solutions, platform adjustments, and other services. Based on its technology for crime surveillance, Fujitsu created an artificial intelligence monitor that can identify intricate hand movements in June 2020. The RIKEN research institute and Fugaku jointly built Fugaku, which was named the most potent supercomputer in the world in June 2020.
3. 3M Cogent, Inc.,
The company was established in 1990 and is based in Pasadena, California, United States. The business creates biometric identity systems and provides goods such palmprint card conversion systems, mobile identification, automated fingerprint, face identification management, and biometric enrolment.
4. Imprivata, Inc.
The business was established in 2001 and has its headquarters in Lexington, Massachusetts, United States. The business provides solutions for password management, access tracking, reporting, and computer programming. Imprivata provides services to clients in the global healthcare, financial, and federal government sectors. The development of Imprivata's integrated digital identity platform to decouple IDs across various applications was announced in October 2022.
5. Crossmatch Technologies, Inc.
The business, which has its headquarters in Florida, United States, was established in 1996. The company offers technological services, as well as live-scan finger and hand identification scanners, interface software, and specialised information management systems.
6. NEC Corporation
The business was established in 1899 and has its headquarters in Minato City, Tokyo, Japan. The business offers cloud computing, network control platform systems management, enterprise solution creation, public solution and infrastructure development, system platform development, and other services. For US$2.2 billion in December 2020, NEC purchased Avaloq, a Swiss developer of digital banking solutions.
7. Hitachi Ltd.
The business was established in 1910 and is based in Chiyoda, Tokyo, Japan. Hitachi, Ltd. produces consumer electronics, heavy industrial and electrical gear, and communications and electronic equipment. The company offers a wide variety of products, from kitchen appliances to nuclear power plants. In the wire and cable, metal, and chemical industries, Hitachi also has subsidiaries.
8. Integrated Biometrics,
Integrated Biometrics was established in 2002 and has its main office in Spartanburg, South Carolina. The business produces enrollment and verification fingerprint sensors and sells its goods to hardware integrators, software, database suppliers, and contractors working for international government organisations and private businesses.
*Definition: In the area of healthcare, biometrics generally pertains to patient identification and the provision of access control to users. Moreover, clinical trial patients' information is protected and fraud is detected using biometrics.
