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Healthcare Biometrics Market Growth Analysis & Projections Forecast to 2022

11-14-2017 09:43 PM CET | Health & Medicine

Press release from: Market Research Future

/ PR Agency: Market Research Future
Healthcare Biometrics Market

Healthcare Biometrics Market

Healthcare Biometrics market research analysts forecast the global Healthcare Biometrics market to grow at a CAGR of more than 22.3% during the forecast period, according to their latest report.

Globally the market for Healthcare Biometrics is increasing rapidly. A Biometric device is a security identification and authentication device. Healthcare Biometrics devices are used to capture the biometric data inputs like fingerprints, face recognition etc. These devices are useful in identification and monitoring the patients and it maintains all medical records. Data security is of the important issue nowadays, these biometrics devices are safe and secure which helps to maintain privacy as well as security of the data. Global healthcare biometrics market is growing rapidly.
Global healthcare biometrics market is expected to grow USD 5.6 billion at the CAGR of 22.3% by 2022

Some Healthcare Biometrics market key players are: Fujitsu Limited, 3M Cogent Inc., BioEnable Technologies, NEC Corporation, Morpho (A Subsidiary of Safran SA), Bio-Key International, Inc., Suprema, Inc., Crossmatch Technologies Inc., Integrated Biometrics, Imprivata Inc.

Increasing awareness about safety and security of patients, increasing application of biometrics devices in healthcare sector application and other data and growing healthcare infrastructure are driving the market growth for healthcare biometrics devices. North America is largest market for healthcare biometrics devices while Asia-Pacific is fastest growing market.

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Following are the Healthcare services that can make utilization of biometric:

Hospitals
Biometric identification can greatly benefit hospitals due to the higher number of identification procedures performed than other healthcare setups. Emergency cases are often unconscious and cannot produce an ID.

Blood donation centers
Biometric identification can overcome challenges of a traditional identification system in a blood donation center. Positive identification of a donor is a crucial aspect in any blood donation center; it can potentially introduce blood with abnormalities if managed improperly. Once a donor record is created and maintained in the system with biometric identifiers, it is impossible to fake the identity.

Dentists
Patient identification, detailed records like procedures performed or number of sessions provided can be associated with biometric identifiers of patients. Usual applications like access control and security comes as a plus with implementation of biometric identification. Dentists have to communicate with many dental labs for implants and other dental material and these specific details can also be maintained with biometric identifiers of a patient.
Healthcare Biometrics market has been segmented on the basis of technology which comprises of face recognition, fingerprint recognition, vein recognition, behavioral recognition, iris recognition, palm geometry recognition and others On the basis of application, the market is segmented into patient identification, patient monitoring, medical record management, data security, and others. On the basis of end user, the market is segmented into Hospitals, research laboratories, healthcare institutes, and others.

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Regional Analysis of Healthcare Biometrics Market:
Considering the global scenario of the market, North Americas region is believed to be the largest market for Healthcare Biometrics. Moreover the European market is also growing continuously and expected to maintain its growth in near future. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the Healthcare Biometrics during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.

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