25-Oct-2024 | Zion Market Research
As per study of Zion Market Research, Healthcare Biometrics industry garnered revenue worth nearly US$ 22.62 Billion in 2023 and is anticipated to gain returns about US$ 96.58 Billion by 2032. In addition to this, Healthcare Biometrics market is prognosis to record CAGR of almost 17.5% during the forecast period 2024-2032. . Apparently, prominent growth of healthcare biometrics market over forecast timespan can be credited to ability of biometrics in bringing security & convenience of healthcare service providers as well as patients. In addition to this, growing demand for remote patient monitoring activities along with rigorous need for biometric authentication in healthcare sector will enhance expansion of healthcare biometrics industry over ensuing years. Remote healthcare monitoring of patients through biometric readings facilitates medical interventions in real time, thereby creating lucrative growth avenues for healthcare biometrics industry. Biometrics in healthcare sector is used for improving patient outcomes and workforce efficiency. Rise in penetration of smartphone supported by Internet of Things and Big Data analytics tools has enhanced use of biometrics in healthcare sector. This will expand scope of healthcare biometrics market growth.
Multi-Factor Authentication To Lead Technology Segment In 2024-2032.
Growth of Multi-factor authentication segment over forecast timespan is subject to ability of multi-factor authentication biometric technique in offering scalable & tiered security levels that can be installed for controlling easy access to sensitive healthcare information. Multi-factor authentication is deployed for monitoring medical databases, authenticity of healthcare information, and identifying & tracking other vital information regarding health & medical history of patient.
North American Market Growth Trajectory To Witness Upward Trend In Forecasting Timeframe
Regional market expansion over forecast timeline can be due to rise in frauds & crimes observed in medical sector. Technical glitches experienced in various kinds of healthcare authentication instruments have enhanced popularity and use of biometrics in healthcare sector across sub-continent. Apart from this, setting up of new healthcare units such as clinics, ambulatory or outpatient care centers, and hospitals in the U.S. and Canada will prompt regional market upsurge over years ahead.
Some of key participants have strongly leveraged market size and are likely to do so even in next couple of years. They include Lumidigm, NEC Corporation, Crossmatch Technologies, Inc., BIO-key International Inc., Cogent Systems, Inc., Fujitsu Limited, Morpho, Inc., Suprema Inc., Imprivata, Inc., and ZKteco, Inc.
Browse the full “Healthcare Biometrics Market by Technology (Single-factor Authentication, Multi-factor Authentication) by End-User (Healthcare Institutions, Hospitals & Clinics, Research & Clinical Laboratories) by Application (Care Provider Authentication, Home/Remote Patient Monitoring, Patient Identification & Tracking, Pharmacy Dispensing, Medical Record Security & Data Center Security, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032” Report at https://www.zionmarketresearch.com/report/healthcare-biometrics-market
The global healthcare biometrics market is segmented as follows:
By Technology
By End-User
By Application
By Region
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