The global demand for Biometrics As A Service In Healthcare Market is presumed to reach the market size of nearly USD 5390.53 MN by 2030 from USD 672.32 MN in 2022 with a CAGR of 29.72% under the study period 2023 - 2030.
Biometrics as a service in the healthcare is the technology used to identify and authenticate patients by measuring people's unique behaviour and physical features. It includes an examination of a person's biological data and unique human attributes, which helps identify and recognise patients. The core components of a biometric identification system include software for the digital transformation of scanned information, a scanning device and a database for storing biometric data. It assists in the detection of fraud and prevents misrepresentation of information. Biometric as a service in healthcare helps in controlling logical access to patient data as well as authentication of medical personnel.
Market Dynamics
The key factor driving the demand for biometrics as a service in the healthcare market is the rising number of patients. The disposable income of people in developed and developing economies is showcasing a rising trend which is expected to contribute to this market's growth. Increasing cases of medical identity theft, data breaches and fraud in the healthcare sector are surging the demand for this market. The rising trend of digitalisation, along with growing awareness regarding patient security, is expanding the demand for this market. Government initiative regarding implementing and integrating biometric facilities in healthcare setups is propelling the demand for this market. Continuous improvement in technology and advancement in IoT and AI is expected to boost the growth of this market in the upcoming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of biometrics as a service in healthcare. The growth and trends of biometrics as a service in healthcare industry provide a holistic approach to this study.
Market Segmentation
This section of the biometrics as a service in healthcare market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
- Site Access Control
- Time Recording
- Mobile Application
- Web And Workplace
By Scanner Type
- Fingerprint Recognition
- Iris Recognition
- Palm Recognition
- Facial Recognition
- Voice Recognition
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Biometrics As A Service In Healthcare market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Biometrics As A Service In Healthcare Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the biometrics as a service in healthcare market include Thales, Fujitsu, Aware Inc., BIO-key International, MorphoTrust USA, NextGate, Imprivata Inc., Suprema, Imageware, M2SYS Technology. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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