Press release
Smart Card in Healthcare Market Boosting the Growth Worldwide: TMR Research
Smart cards assist healthcare workers in maintaining the efficiency of patient care and privacy safeguards. These cards also allow for the safe storage of information about a patient’s medical history and instantly access the information while also facilitating the provision to update if required. This reduces the risk of healthcare frauds, hence boosting the market growth. The rising adoption of contactless smart cards because of their advantages over contact-based smart cards and no requirement of a reader is expected to boost the segment growth. They work using NFC technology or radio frequencies, which establishes wireless communication between the smart card and wherever it is intended to use.
For Sample Report Click: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7521
Global Smart Card in Healthcare Market – Notable Developments
Some of the key developments in the smart card in healthcare market are noted below:
Brady Corporation, the parent company of IDenticard Systems, reported a decline of 9.1% in its IDS segment, which consists of smart cards for healthcare applications.
Thales Group reported a 2% decline in its growth rate from 2019 to 2020. Frequent lockdowns and supply chain inadequacies were primarily responsible for hindered adoption.
In January 2020, Thales Group partnered with Confidex for launching a flexible smart card for the Calypso-based system. With this, Thales provided Confidex with a Gemalto’s OS, which conforms with the Calypso Light Application (CLAP).
Global Smart Card in Healthcare Market – Drivers and Restraints
There are multitude of factors that are projected to drive the overall development of the global smart card in healthcare market in the coming years of the forecast period. One of the biggest driving factors for the development of the global market has been the increasing digitalization of the healthcare systems across the world. In addition to the growing use of smart cards to store and access patient data and ensure high levels of privacy and security are some of the other factors that are helping to drive the development of the global market. The COVID-19 pandemic impacted the healthcare industry and the rippled effect was observed in the healthcare IT industry too. Smart card market players reported a flat or decline in their sales growth of smart cards business.
Buy Complete Report at: https://www.tmrresearch.com/checkout?rep_id=7521<ype=S
Global Smart Card in Healthcare Market – Regional Segmentation
As per the regional segmentation, there are five key regions of the global smart card in healthcare market. These regions are North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of these, currently the global market is being dominated by the regional segment of Europe.
The regional segmented accounted over a quarter of the overall market share. Growing initiative by several governments as well as non- government organizations for providing better and improved healthcare facilities is expected to fuel the development of market in the Europe market. The European Health Insurance cards are issued for free for residents in over thirty countries in Europe. Many of these European countries have their own national healthcare identification card. Such factors are also expected to further fuel the development of the smart card in healthcare market in the coming years of the forecast period.
On the other hand, the regional segment of Asia Pacific is expected to witness highly promising growth opportunities in the coming years of the forecast period. Favorable government regulations and initiative along with adoption technologically advanced healthcare systems are some of the key factors influencing the growth of the smart card in healthcare market in Asia Pacific region.
To know more about the table of contents, you can click @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=7521
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Card in Healthcare Market Boosting the Growth Worldwide: TMR Research here
News-ID: 2333342 • Views: …
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction
A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are…
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot
The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030.
The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute…
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot
The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030.
The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to…
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot
Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
