A
research study titled, “Healthcare
Biometrics Market by Technology, Application, and End User -
Global Industry Analysis and Forecast to 2025” published by Crystal Market
Research, states that the healthcare biometrics market is projected to be
around $12 billion by 2025.
Healthcare biometrics refers to
the application of biometric solutions in physician offices, hospitals, or for
use in remote patient monitoring. Biometrics in healthcare is primarily used
for doctors’ and patients’ authentication solutions. Owing to its large
application, the global market is expected to witness robust growth during the
forecast period. Increasing cybercrimes and internet frauds will further drive
the global market. High prevalence of cybercrimes worldwide has raised the
demand for highly secured systems to protect vital information. This increase
in demand for biometric solutions to protect data and authenticate doctors and
patients information is expected to boost the growth of the healthcare
biometrics market. Technological advancements such as DNA based biometric
recognition will further contribute to the market growth.
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Fingerprint recognition segment
dominated the healthcare biometrics market accounting for two-fifth share of
the overall market in 2016, due to ease of availability and reliability.
Medical record security and data security segment is projected to exhibit
highest CAGR during the forecast period, primarily due to increasing use of
electronic mediums to record and analyze healthcare data. Hospitals and clinics
market will exhibit favorable growth during the forecast period with increasing
adoption of biometric solutions to manage data security and confidentiality.
U.S accounted for the major share
of the North American healthcare biometrics market in 2016, as the enforcement
of government legislations such as the Health Insurance Portability and
Accountability (HIPAA) Act and the Health Information Technology for Economic
and Clinical Health (HITECH) Act, and confidentiality and data security
measures are strictly followed by the healthcare providers in the U.S. Emerging
economies such as India and China are rapidly adopting biometric solutions in
the healthcare sector owing the rising awareness about authentication and data
security against cyber crimes and frauds.
Major
Market Players:
Ø
NEC
Corporation of America
Ø
3M
Cogent, Inc.
Ø
Fujitsu
Ø
CROSSMATCH
Technologies Inc.
Ø
Integrated
Biometrics LLC
Ø
BIO-Key
International Inc.
Ø
Suprema
Inc.
Ø
Imprivata
Inc
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