Market Overview:
The global healthcare biometrics market size reached US$ 4.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.6 Billion by 2032, exhibiting a growth rate (CAGR) of 17.37% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
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2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 4.6 Billion |
Market Forecast in 2032
|
US$ 19.6 Billion |
Market Growth Rate 2024-2032 |
17.37% |
Biometrics in the healthcare context primarily refers to patient identification and the provision of access control to users. Some commonly used biometric identifiers are fingerprints, palm veins and prints, face, iris, DNA, retina, etc. These unique traits are recorded and detected by electronic devices to recognize, identify, and authenticate individuals for secure entry and access to systems and data. The two primary technologies include single-factor and multi-factor authentication. Healthcare biometrics offers several benefits, such as medical record and data center security, care provider authentication, remote patient monitoring, etc. As a result, healthcare biometrics is widely utilized across hospitals, clinics, research and clinical laboratories, etc.
Healthcare Biometrics Market Trends:
The elevating incidences of security breaches, resulting in the inflating need for security solutions that ensure patient identity integrity, efficient and safe data recording, minimization of inventory theft, etc., are primarily driving the global healthcare biometrics market. In addition to this, the growing adoption of electronic health records (EHR) and computerized physician order entry across healthcare organizations is also propelling the market growth. Furthermore, the escalating utilization of biometrics owing to its efficiency in overcoming the common drawbacks of password authentication by combining user convenience and enhanced security is acting as another significant growth-inducing factor. Apart from this, the widespread popularity of biometric solutions among research and clinical labs to secure data equipment enclosures, pedestrian entries, devices, and platforms connected to the Internet of Things (IoT) is creating a positive outlook for the global market. Moreover, the escalating usage of fingerprint recognition biometrics across childcare hospitals to eliminate newborn baby swaps and enable tracking of child vaccination schedules is further driving the product demand. Besides this, numerous government bodies are implementing legislation to address patient data-related security concerns, which, in turn, is catalyzing the global market. For instance, according to the Health Insurance Portability and Accountability Act of 1996 (HIPAA) in the US, the healthcare providers who transmit Electronic Protected Health Information (EPHI) are obligated to employ appropriate levels of security to limit access to EPHI. Additionally, the introduction of multimodal biometric system, which combines several types of biometric methods, such as facial and iris recognition, is anticipated to augment the global healthcare biometrics market over the forecast period.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare biometrics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, application and end user.
Breakup by Technology:
- Single Factor Authentication
- Iris Recognition
- Face Recognition
- Signature Recognition
- Hand Recognition
- Voice Recognition
- Fingerprint Recognition
- Others
- Multi Factor Authentication
- Biometric Card
- Password
- Others
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Medical Record and Data Center Security
- Patient Identification and Tracking
- Care Provider Authentication
- Home/Remote Patient Monitoring
- Others
Breakup by End User:
- Hospital and Clinics
- Research and Clinical Laboratory
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bio-Key International Inc., Fujitsu Limited, Hid Global Corporation (Assa Abloy AB), Imprivata Inc., NEC Corporation (AT&T Corporation), Nuance Communications Inc. (Microsoft Corporation), RightPatient, Suprema Inc., Thales Group and Zkteco Biometrics India Private Limited.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Technology, Application, End User, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Bio-Key International Inc., Fujitsu Limited, Hid Global Corporation (Assa Abloy AB), Imprivata Inc., NEC Corporation (AT&T Corporation), Nuance Communications Inc. (Microsoft Corporation), RightPatient, Suprema Inc., Thales Group and Zkteco Biometrics India Private Limited. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |