Biometrics are used extensively in industries such as construction, financial services, hospitality, government, and corporate settings. In the healthcare sector, biometrics finds applications in access control and data security. Healthcare organizations, mainly clinical research organizations, diagnostic laboratories, health insurers, manufacturing companies, and hospitals, are potential users of biometric technology. Healthcare IT products and systems have high demand in emerging economies such as India, China, Brazil, and Indonesia, owing to the rapidly expanding healthcare sector and infrastructure in these countries. These factors are expected to drive the growth of the healthcare biometrics market in the Asia Pacific, Latin America, and Middle East regions.

Market Dynamics

Technological advancements in the healthcare biometrics market are expected to drive the growth of the global healthcare biometrics market. For instance, in May 2021, Imprivata, the digital identity company for healthcare, together with technology partners Aware, a provider of biometrics products and solutions, and IDEMIA, a multinational technology company, introduced an innovative mobile facial recognition solution, taking advanced security technology and enhancing and simplifying it for application for unique healthcare requirements. The mobile facial recognition solution will help healthcare organizations improve security and compliance, substantially simplify usability and workflow, and advance their digital identity strategy.

However, data security breaches such as data-hacking are expected to hamper the market growth. For instance, in 2021, according to Check Point Research, cyber-attacks increased 50% year-over-year, with each organization facing 925 cyber-attacks per week globally. As per the statistics, businesses witnessed 50% more attacks per week in 2021 compared to 2020. The Log4J vulnerability was one of the major contributors to the significant rise in malicious activities in 2020.

Key features of the study:                                          

• This report provides an in-depth analysis of the global healthcare biometrics market, market size (US$ Million), and compound annual growth rate (CAGR (%)) for the forecast period: 2022 – 2030, considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
• It profiles key players in the global healthcare biometrics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
• Key players covered as a part of this study include BIO-key International, Fujitsu Limited., 3M Cogent, Inc., MorphoTrust, Imprivata, Inc., Crossmatch Technologies, Inc., Toshiba Medical System Corporation, NEC Corporation, Hitachi Ltd., Integrated Biometrics, and Qualcomm Technologies, Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
• The global healthcare biometrics market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, suppliers, research and consulting firms, new entrants, and financial analysts
• Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global healthcare biometrics market.

Detailed Segmentation:

• Global Healthcare Biometrics Market, By Application:
  • Logical Access Control
  • Transaction Authentication
  • Physical Access Control
• Global Healthcare Biometrics Market, By Technology:
  • Face Recognition
  • Iris Recognition
  • Hand Recognition
  • Voice Recognition
  • Fingerprint Recognition
  • Vein Recognition
  • Signature Recognition
• Global Healthcare Biometrics Market, By End User:
  • Hospitals
  • Clinics
  • Clinical Laboratories
  • Healthcare Institutions
• Global Healthcare Biometrics Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Europe
    • By Country
      • U.K.
      • Germany
      • Italy
      • Spain
      • France
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • Australia
      • India
      • China
      • Japan
      • ASEAN
      • South Korea
      • Rest of Asia Pacific
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • BIO-key International.*
    • Company Highlights
    • Product Portfolio
    • Financial Performance
    • Recent Highlights
    • Market Strategies
  • Fujitsu Limited.
  • 3M Cogent, Inc.
  • MorphoTrust
  • Imprivata, Inc.
  • Crossmatch Technologies, Inc.
  • Toshiba Medical System Corporation
  • NEC Corporation
  • Hitachi Ltd.
  • Integrated Biometrics
  • Qualcomm Technologies, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.