Product Code: GVR-2-68038-012-5
Healthcare Biometric Market Growth & Trends:
The global healthcare biometrics market size is anticipated to reach USD 42.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 23.8% from 2024 to 2030. The migration of health system and hospitals to Electronic Health Records (EHR) and computerized physician order entry is expected to propel the demand for healthcare biometrics over the forecast period.
As more Healthcare Information Exchanges (HIE) are built across the network to coordinate care, the demand for technologies to combat data corruption and unauthorized access is expected to increase, thereby contributing to the market growth of healthcare biometrics during the forecast period.
Implementation of biometrics is expected to increase the security for patients, doctors, and nurses. The HIPPA has imposed stringent new regulations to safeguard confidentiality and privacy of patient information. These regulations are also expected to drive the deployment of biometrics in healthcare system, thereby contributing to the market growth over the forecast period.
Improvements in the existing technologies and the development of multipurpose authentication devices are expected to facilitate commercialization of advanced products. As a result, adoption of these devices is expected to escalate in the healthcare space in the near future.
The rise of consumerism in healthcare and increase in disposable income in emerging countries is also expected to boost the adoption of new technologies such as biometrics by health system, thereby propelling the market growth healthcare biometrics market during the forecast period.
Healthcare Biometric Market Report Highlights:
- The fingerprint recognition segment dominated the market in 2023, with a revenue share of 39.3%. This growth is significant due to the high reliability and accessibility of fingerprint recognition devices, as they are one of the most commonly used biometric systems globally.
- The single-factor authentication segment dominated the market in 2023 with a share of 64.6% 2023. The market share is significant as single factor authentication is widely used as a recognition system due to its accessibility and reliability.
- The patient identification & tracking segment dominated the market in 2023 with a share of 35.0% in 2023. The factors responsible for this growth are the growing awareness and implementation of biometric systems in healthcare and other sectors.
- North America dominated the healthcare biometrics market with a market share of 36.4% in 2023. The U.S. dominated the market of North America in 2023 with a market share of 83.1%. The market growth was attributed to the increased adoption of biometric systems due to rise in fraudulent activities in the healthcare sector of the country.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Healthcare Biometrics Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Healthcare Biometrics Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Healthcare Biometrics Market: Technology Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Healthcare Biometrics Market: Technology Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Face Recognition
- 4.3.1. Face Recognition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Fingerprint Recognition
- 4.4.1. Fingerprint Recognition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Iris Recognition
- 4.5.1. Iris Recognition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Palm Geometry Recognition
- 4.6.1. Palm Geometry Recognition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.7. Behavioral Recognition
- 4.7.1. Behavioral Recognition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.8. Others
- 4.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Healthcare Biometrics Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Healthcare Biometrics Market: Type Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Single Factor Authentication
- 5.3.1. Single Factor Authentication Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Multi Factor Authentication
- 5.4.1. Multi Factor Authentication Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Multimodal Factor Authentication
- 5.5.1. Multimodal Factor Authentication Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Healthcare Biometrics Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Healthcare Biometrics Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Medical Record Security & Data Protection
- 6.3.1. Medical Record Security & Data Protection Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Patient Identification & Tracking
- 6.4.1. Patient Identification & Tracking Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Remote Patient Monitoring
- 6.5.1. Remote Patient Monitoring Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Workforce Management
- 6.6.1. Workforce Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.7. Pharmacy Dispensing
- 6.7.1. Pharmacy Dispensing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.8. Others
- 6.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Healthcare Biometrics Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Healthcare Biometrics Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
- 7.3. Hospitals & Clinics
- 7.3.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Healthcare Institutions
- 7.4.1. Healthcare Institutions Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Research & Clinical Laboratories
- 7.5.1. Research & Clinical Laboratories Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Healthcare Biometrics Market: Regional Estimates & Trend Analysis
- 8.1. Healthcare Biometrics Market Share, By Region, 2023 & 2030 (USD Billion)
- 8.2. North America
- 8.2.1. North America Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.3. Canada
- 8.2.3.1. Canada Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.2. UK
- 8.3.2.1. UK Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.3. Germany
- 8.3.3.1. Germany Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.4. France
- 8.3.4.1. France Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.5. Italy
- 8.3.5.1. Italy Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.6. Spain
- 8.3.6.1. Spain Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.7. Denmark
- 8.3.7.1. Denmark Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.8. Sweden
- 8.3.8.1. Sweden Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.3.9. Norway
- 8.3.9.1. Norway Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.2. Japan
- 8.4.2.1. Japan Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.3. China
- 8.4.3.1. China Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.4. India
- 8.4.4.1. India Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.5. Australia
- 8.4.5.1. Australia Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.6. South Korea
- 8.4.6.1. South Korea Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4.7. Thailand
- 8.4.7.1. Thailand Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5.3. Argentina
- 8.5.3.1. Argentina Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.2. South Africa
- 8.6.2.1. South Africa Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Saudi Arabia Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.4. UAE
- 8.6.4.1. UAE Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.6.5. Kuwait
- 8.6.5.1. Kuwait Healthcare Biometrics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles
- 9.4.1. NEC Corporation
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. Thales
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Fujitsu
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. HID Global Corporation
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. IDEMIA
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. BIO-key International
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Aware, Inc.
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Imprivata, Inc.
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Suprema, Inc.
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Recent Developments/ Strategic Initiatives
- 9.4.10. Hitachi Ltd.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Recent Developments/ Strategic Initiatives
- 9.4.11. Qualcomm Technologies, Inc.
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Product Benchmarking
- 9.4.11.4. Recent Developments/ Strategic Initiatives