Fingerprint Identification in Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Fingerprint Identification in Healthcare Market : Overview

Fingerprint identification is a method of personal identification using the ridge patterns found on the fingertips. As a matter of fact, ridge patterns vary person to person and no two individuals can have same ridge formations or patterns. Also, throughout life a person carries the same set of ridge patterns on his/her fingertips. This means of personal identification has been in use since 19th century as it offers reliable means of personal recognition. Today, this method of personal identification is used in various sectors owing to its infallible means of personal identification. Fingerprint identification is accomplished by either automated methods or non-automated methods for authentication. The modern approach for use of this technology involves use of fingerprint readers working on optical, thermal, silicon or ultrasonic principles. Such readers consist of fingerprint sensors and algorithms. Fingerprint sensors capture a digital image of the fingerprint pattern and digitally process this scan to produce a biometric template which is stored and used for future matching and identification. The stored algorithms compare previously stored database of fingerprints against fingerprints of the candidate for authentication.

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Globally, North America is the leading market for fingerprint identification in healthcare, followed by Europe. The implementation of HIPAA (Health Insurance Portability and Accountability Act) in the U.S. is one of the key factors that have been instrumental in driving the market growth in the North American region. The market will witness upsurge in Asia-Pacific and Rest of the World (RoW) regions due to increasing governmental initiatives for controlling fraud and providing safety in their respective countries. Increasing adoption in private sectors will also play a key role in driving the market growth. 3M Cogent, Inc., BIO-key International, Inc., DigitalPersona, Inc., Lumidigm, Inc. and Siemens AG are some major players actively participating in this market.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Middle East and Africa

Latin America

This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

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It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments

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