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Biometrics Market Size in healthcare industry and Forecast to 2025

08-17-2018 03:58 PM CET | Health & Medicine

Press release from: Verified Market Research

/ PR Agency: Verified Market Research
Verified Market Research

Verified Market Research

Market Overview:

The global healthcare biometrics market was valued at USD 1,182.4 million in 2016 and is projected to reach USD 5,701.25 million by 2025, growing at a CAGR of 19.1% from 2017 to 2025 According to Verified Market Intelligence.

Biometrics is a term which refers to the technology used for the measurement of people’s unique behavioral and physical characteristics. It’s mainly used for the identification, authentication, and recognition of individuals who are under surveillance.

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Increased cases of false identity and data breach in healthcare, increased funding in the same sector from government, ease provided due to contactless biometric systems and implementation of such systems by major players has been driving the growth of the global healthcare biometrics market. Apart from this, high installation cost, high maintenance and security risks of data stored in biometric systems hinder the overall growth.

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Competitive Landscape:

• The major players in the market are as follows:
• Fujitsu Ltd.
• 3M cogent, Inc.
• DXC Technology company
• NEC Corporation
• Lumidigm
• Morpho
• Imprivata, Inc.
• Suprema, Inc.
• Bio-key International, Inc.
• Zkteco, Inc.

Segments covered under the mobile biometrics market report are as below:

By Authentication Mode

• Face Recognition
• Fingerprint Recognition
• Palm Geometry Recognition
• Vein Recognition Others

By Application

• Medical record and data center Security
• Patient Identification & Tracking
• Care Provider Authentication
• Others

By End User
• Hospitals and clinics
• Healthcare Institutions
• Research and clinical labs
• Others

By Geography

• North America
• South America
• Latin America
• Europe
• Asia Pacific
• Rest of the World

Browse reports of similar category available with Million Insights:

• Patient Flow Management Solutions Market
• Cardiovascular Information System Market
• Radiology Information System Market

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About Us:

Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources. Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data.

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