HealthcareBiometrics Market Size was valued at USD 19.2 billion in 2022. TheHealthcare Biometrics market is projected to grow from USD 23.4816 Billion in2023 to USD 78.4 billion by 2030, exhibiting a compound annual growth rate(CAGR) of 22.30% during the forecast period (2023 - 2030).Biometrics haschanged the look and perception of the healthcare domain. Healthcare biometricsare various biometric applications that are used in clinics and hospitals formonitoring patient's health. Healthcare organizations mainly clinical researchorganizations, diagnostic laboratories, health insurers, manufacturingcompanies and hospitals are its potential users.
Market Segmentation
In the Market Research Future (MRFR) report, the healthcarebiometrics market has been segmented on the basis of technologies, applicationsand end-users.
Based on technologies, it is segmented into palm geometryrecognition, iris recognition, behavioral recognition, vein recognition,fingerprint recognition, face recognition and others. Of these, fingerprintrecognition will have the maximum share in the healthcare biometricsmarket.
Based on end users, it is segmented into healthcareinstitutes, research laboratories, hospitals and others. Of these, hospitalswill rule the market during the forecast period.
Regional Analysis
Based on region, the healthcarebiometrics market covers growth opportunities and latest trends acrossEurope, North America, Asia Pacific and Rest of the World. Of these, NorthAmerica will garner a huge prominence in the market owing to the growing demandfor the regulatory requests and the well-established healthcare domain.Besides, factors such as the proliferating healthcare insurance industry,extensive use of biometrics in hospitals and rising digital advancements in themedical technology, significance of electronic medical records and need for user-friendlysoftware are driving the growth of the market here. US is the largestcontributor as it is backed with data security, patient monitoring, medicalrecord management, patient identification and developments in authenticsolutions. The healthcare biometrics market in Europe is highly lucrative andgrabs the second position owing to the increasing need for healthcarebiometrics across the region. The other factors that are contributing to thegrowth of the market here include the resurging economy and increased funding.In the APAC region, the healthcare biometrics market is emerging rapidly withhigh growth opportunities owing to the burgeoning healthcare sector, rapidlydeveloping technologies and biometric models, improving economic conditions andmarket penetration.
Key Players
Leading players profiled in the healthcare biometrics marketinclude Imprivata Inc, Integrated Biometrics, Suprema, Inc., CrossmatchTechnologies Inc., Bio-Key International, Inc., NEC Corporation, Morpho (ASubsidiary of Safran SA), BioEnable Technologies, Fujitsu Limited, and 3MCogent Inc.
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Healthcare Biometrics Market Size, Trends, and Demand by Forecast to 2030
Ficción GeneralThe Healthcare Biometrics market is projected to grow from USD 23.4816 Billion in 2023 to USD 78.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 22.30% during the forecast period (2023 - 2030).
