Healthcare biometrics refers to different biometric applications used in hospitals and clinics to monitor the health of the patients. Different initiatives taken by government in the field of healthcare biometric due to rise in healthcare fraud and to increase security for protecting healthcare information drive the market for healthcare biometrics.

Furthermore, emerging applications across novel fields of clinical research of medical devices are expected to open new avenues in the healthcare biometric market. Also, the increase in government initiatives toward healthcare infrastructure in the developing countries drive the global healthcare biometric market.

However, factors such as consumer acceptance and high cost of healthcare biometric devices impede the market growth.

Key Market Trends

Multifactor-factor Authentication is Expected to Cover a Large Share of the Market

Adding more authentication factors expand the security of any access management solution into multi-factor authentication (MFA). MFA offers scalable, tiered levels of security that can be deployed for controlling access to the most sensitive of data. Medical information, databases, and the other valuable information should all deploy various levels of MFA, incorporating several factors, which can include passwords, secret questions, OTPs, location, user behavior, registered mobile devices, etc other than biometrics.

According to a 2016 report by Center for Identity at the University of Texas at Austin, most of the biometrics authentication in healthcare is used for patient tracking and monitoring, although usage for access control, identification, workforce management and patient record storage is also inceasing. hence all these factors, coupled with safety of MFA over traditional methods is expected to help the growth of the market.

North America is Expected to Dominate the Healthcare Biometrics Market

The North American region is expected to increase due to the high number of frauds and crimes occurring in the healthcare sector. The presence of high incidence of fraudulent activities is expected to increase the rate of adoption of these technologically advanced biometric systems to gather patient data and registration data. Furthermore, due to the establishment of new healthcare facilities such as hospitals and clinics may act as a primary driving force for the growth of this market in the region.

Asia Pacific, is also expected to record the fastest growth due to factors such as rising government support, the emergence of IoT applications.

Competitive Landscape

Majority of the healthcare biometrics are being manufactured by the global key players. Joint ventures and collaborations amongst the players can be expected in the forecast period. These systems combined with rising awareness levels and seamless integration solution systems across different verticals are a few key strategies that are expected to be implemented by the players.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client’s requirements
  • 3 months of analyst support