Healthcare Biometrics Market Growth, Industry Demand, Top Companies Analysis, Business Opportunity and Research Report 2022-2027

According to the latest report by IMARC Group, titled “Healthcare Biometrics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global healthcare biometrics market size reached US$ 3.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2027, exhibiting a growth rate (CAGR) of 19.4% during 2022-2027. Healthcare biometrics refers to biological measurements to authenticate and identify patients based on their physical or behavioral characteristics. It is adopted in the healthcare sector for providing access control to users. Some commonly used biometric identifiers are palm veins, fingerprints, face, iris, DNA, and retina. These traits are recorded and detected by electronic devices to authenticate individuals for secure entry and access to systems and data. It offers several benefits, such as medical record and data center security, care provider authentication, and remote patient monitoring. Owing to these properties, healthcare biometrics are widely utilized across hospitals, clinics, research, and clinical laboratories across the globe. 

Healthcare Biometrics Market

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Industry Demand:

The market is primarily driven by the rising incidences of security breaches and the surging need for efficient security solutions to ensure patient identity integrity, safe data recording, and minimization of inventory theft. In addition, the increasing adoption of electronic health records (EHR) and computerized physician order entry by healthcare organizations represents another major growth-inducing factor. Besides this, the market is also driven by the growing utilization of biometric solutions in research and clinical labs to secure data equipment enclosures, devices, and platforms connected to the Internet of Things (IoT). Moreover, governments of numerous countries are implementing legislation to address patient data-related security concerns, which, in turn, is augmenting market growth. Furthermore, the introduction of multimodal biometric systems and the increasing usage of fingerprint recognition biometrics in childcare hospitals to eliminate newborn baby swaps and enable vaccination tracking are also creating a favorable market outlook across the globe.

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Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

  • Bio-Key International Inc
  • Fujitsu Limited
  • Hid Global Corporation (Assa Abloy AB)
  • Imprivata Inc
  • NEC Corporation (AT&T Corporation)
  • Nuance Communications Inc. (Microsoft Corporation)
  • RightPatient
  • Suprema Inc
  • Thales Group
  • Zkteco Biometrics India Private Limited

Key Market Segmentation:

Breakup by Technology:

  • Single Factor Authentication
    • Iris Recognition
    • Face Recognition
    • Signature Recognition
    • Hand Recognition
    • Voice Recognition
    • Fingerprint Recognition
    • Others
  • Multi-Factor Authentication
    • Biometric Card
    • Password
    • Others

Breakup by Application:

  • Medical Record and Data Center Security
  • Patient Identification and Tracking
  • Care Provider Authentication
  • Home/Remote Patient Monitoring
  • Others

Breakup by End User:

  • Hospital and Clinics
  • Research and Clinical Laboratory
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance 
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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