Press release
Smart card in healthcare Market is Likely to Experience a Tremendous Growth by 2027 | Thales Group, IDEMIA, Giesecke + Devrient GmBH, CPI Card Group And HID Global Corporation.
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Market Overview
The rising digitalization of the healthcare systems all over the world and the utilization of smart cards for the storage of patient data which ensures high levels of security and privacy are anticipated to boost the market growth. The increasing misuse of medical benefits and other frauds in the healthcare industry has grown widespread globally in the past few years. Many national governments are now turning towards smart cards for obtaining medical records of people. Healthcare Insurance Companies mainly issue these smart health cards for the better regulation of claims and other medical practices. Smart Health Cards provide various advantages for medical service providers as well as patients including Faster medical admission procedure, Reduction in medical frauds (misuse) and identity theft, Decrease in document work for maintaining medical records, Reduction in the overall medical record maintenance cost.
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Global Smart card in healthcare Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Product Type, the market is primarily bifurcated into
• Hybrid Smart Cards
• Contactless Smart Cards
• Contact-based Smart Cards
• Dual-interface Smart Cards
The Contactless Smart Cards segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period.
By Component, the market is primarily segmented into
• Memory-card Based Smart Cards
• Microcontroller Based Smart Cards
Amongst Component, the Microcontroller Based Smart Cards segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
SMART CARD IN HEALTHCARE Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World
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The major players targeting the market includes
• Thales Group
• IDEMIA
• Giesecke + Devrient GmBH
• CPI Card Group
• HID Global Corporation
• Watchdata
• Eastcompeace
• Inteligensa
• ABCorp
• CardLogix
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Smart card in healthcare Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Smart card in healthcare Market?
• Which factors are influencing the Smart card in healthcare Market over the forecast period?
• What are the global challenges, threats, and risks in the Smart card in healthcare Market?
• Which factors are propelling and restraining the Smart card in healthcare Market?
• What are the demanding global regions of the Smart card in healthcare Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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