Tuesday, July 19th, 2016

The healthcare biometrics market is projected to reach USD 2,848.3 Million by 2021 from USD 1,182.6 Million by 2016, at a CAGR of 19.2% during the forecast period. This growth can be attributed to increasing government initiatives to ensure data protection and the security of healthcare facilities and presence of large number of prominent players.

Complete report on Healthcare Biometrics Market spread across 217 Pages, Profiling 11 Companies and Supported with 209 Tables and 45 Figures is now available at http://www.reportsnreports.com/reports/573625-healthcare-biometrics-market-by-technology-single-factor-fingerprint-face-iris-palm-behavioral-signature-voice-multifactor-multimodal-application-workforce-management-end-user-hospitals-healthcare-institutions-global-forecast-to-2021.html

The growth of this market is majorly driven by government initiatives to support the implementation of biometrics in healthcare facilities and increasing healthcare fraud & medical identity theft. On the other hand, the high cost of biometric devices and issues related to the use of biometric technologies are the major factors limiting the growth of the market. North America commanded the largest share of the global healthcare biometrics market in 2015 and is expected to grow at the highest CAGR of 20.2% during the forecast period.

 

Premium Insights

1 Market Overview

2 Market: Single-Factor Authentication, By Technology

3 Market, By Application

4 Market, By Technology

5 Market, By End User

6 Market: Geographic Snapshot

 

Vein recognition is expected to grow at the highest CAGR during the forecast period due to its accuracy, fast recognition, and contactless. Owing to this, biometric technologies are increasingly being adopted to comply with stringent laws such as HIPAA and HITECH.

 

The single-factor authentication healthcare biometrics market is further categorized by technology into face recognition, iris recognition, palm geometry recognition, fingerprint recognition, vein recognition, behavioral recognition, and other authentication technologies.

 

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This growth can be attributed to increasing government initiatives to ensure data protection and the security of healthcare facilities and presence of large number of prominent players. Owing to this, biometric technologies are increasingly being adopted to comply with stringent laws such as HIPAA and HITECH. The global healthcare biometrics market is dominated by North America, followed by Europe. North American market is expected to grow at the highest CAGR of 20.2% during the forecast period.

 

The healthcare biometrics market is highly competitive. Prominent players in the market include NEC Corporation (Japan), Fujitsu Limited (Japan), 3M Cogent, Inc. (U.S.), Morpho (a subsidiary of Safran SA (France)), Imprivata, Inc. (U.S.), Suprema Inc. (South Korea), BIO-key International, Inc. (U.S.), Crossmatch Technologies, Inc. (U.S.), Lumidigm (a subsidiary of ASSA ABLOY Sweden)), and ZKteco, Inc. (China).

 

Click now for More Details, Queries, Discount and Other Information on this study “Healthcare Biometrics Market by Technology (Single-factor (Fingerprint, Face, Iris, Palm, Behavioral (Signature, Voice)), Multifactor, Multimodal), Application (Workforce Management), End User (Hospitals, Healthcare Institutions) - Global Forecast to 2021” report @ http://www.reportsnreports.com/contacts/discount.aspx?name=573625

 

The report analyzes the healthcare biometrics market by technology, application, end user, and region. Detailed insights on upcoming technologies, R&D activities, and new product launches in the healthcare biometrics market.

 

In-depth assessment of market strategies, geographical and business segments, and product portfolios of the leading players in the healthcare biometrics market.

 

Explore more reports on Healthcare at www.reportsnreports.com/market-research/healthcare/

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Keywords

Healthcare Biometrics Market, Fingerprint, Face, Iris, Palm, Behavioral, Signature, Voice, Multifactor, Multimodal, Hospitals, Healthcare Institutions, Research on Healthcare Biometrics

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