Healthcare Biometrics Market By Technology (Fingerprint Recognition, Iris Recognition, Palm Geometry Recognition, Vein/Vascular Recognition, Other), By Applications (Record Management And Data Security, Healthcare Staff Authentication And Workforce Management, Patient Identification And Tracking, Other), By Usage Area (Hospitals And Clinics, Pharmaceutical And Medical Device Manufacturing, Research And Academia, Other) – Growth, Future Prospects, And Competitive Analysis, 2017 – 2025

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Market Insights

Biometrics in healthcare applications essentially refers to staff and patient identification solutions. Biometrics solutions are often used in combination with smart cards and passwords for secure access to sensitive records and reports and to facilitate patient registration requirements. In the near future, biometrics use in healthcare will reflect the growing need to combat healthcare fraud in developed markets, as well as the growing need to protect patient privacy. It is also anticipated that the key healthcare areas that will witness significant demand for biometrics solutions are home and remote care patients, authentication of care providers, patient tracking in healthcare facilities, and prescription dispensing. It is expected that consumer-end solutions such as prescription dispensing and home or remote location monitoring will witness the highest software purchases and thus generate significant sales.

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The purpose of this research study titled “Healthcare Biometrics Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” is to provide investors, developers, company executives, and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global healthcare biometrics market. This report presents and analyses the major trends prevalent in the global healthcare biometrics market and the market’s size and forecast.

This report categorizes the global healthcare biometrics market in terms of technologies, applications, usage areas, and geographical distribution. Based on technologies, the global healthcare biometrics market is studied for fingerprint recognition, iris recognition, palm geometry recognition, vein/vascular recognition, face recognition, and behavioral recognition (signature recognition, voice recognition, and others). Record management and data security, healthcare staff authentication and workforce management, patient identification and tracking, remote and home care patient monitoring, prescription dispensing, and others are the application areas considered for the purpose of this study. Additionally, the prime usage areas of healthcare biometrics include hospitals and clinics, pharmaceutical and medical device manufacturing, research and academia, healthcare institutions, and home care. The market size and forecast for each mentioned segment for the period 2015–2025 are presented in the report, along with respective CAGRs for the forecast duration of 2017–2025.

Geographically, the global healthcare biometrics market is best understood by categorizing it into five major regions and five major region-level markets, as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

This study presents the market size and forecast for each considered geographical market for the period 2015-2025, as well as CAGRs for the forecast period 2017-2025, and is further cross-sectionally presented in terms of technologies, applications, usage areas, and constituent region/country level markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints, and opportunities) to have a good understanding of the current and anticipated trends in the global healthcare biometrics market. Competition assessment tools such as Porter’s five forces model, market attractiveness assessment, and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with a profile of key market players currently enjoying prominent positions in the global healthcare biometrics market. The key players profiled in this report are BIO-key International, TOC Biometrics, Princeton Identity, Inc., BioConnect, NEC Corporation, Cross Match Technologies, Inc., NuData Security, Inc., FST Biometrics Corporation, HID Global Corporation, Iris ID Systems, Inc., and MorphoTrak, Inc.

For the purpose of this study, the global healthcare biometrics market is studied for the following technology types:

  • Fingerprint Recognition
  • Iris Recognition
  • Palm Geometry Recognition
  • Vein/Vascular Recogition
  • Face Recognition
  • Behavioral Recognition
  • Signature Recognition
  • Voice Recognition
  • Others

As more healthcare networks have begun to store patient records electronically, there has been an imminent rise in concern with regard to the security of such data, and many networks are moving to biometric technologies to address this concern. Among the currently used biometric technologies in healthcare, fingerprint recognition is the most accurate personal identification method for securing limited access systems from external attacks. The long history of fingerprint identification and its extensive use in forensics have mainly driven the demand for fingerprint recognition in healthcare security systems. Fingerprint recognition can be used for both identification and verification purposes. In verification, fingerprint systems compare the input fingerprint to the enrolled patient or healthcare personnel and determine if they correspond. In identification, this technology is used to compare the input fingerprint with those of the enrolled users in the database to ensure secure access. The growing list of areas where fingerprint recognition can be used in healthcare networks, along with the advent of compact and cheap sensors and advanced processors, has augmented the demand for fully automated, real-time, and highly accurate systems.

The global healthcare biometrics market is being studied for their application in the following areas for the purposes of this study:

  • Record management and data security
  • Healthcare Staff Authentication and Workforce Management
  • Patient Identification and Tracking
  • Remote and Home Care Patient Monitoring
  • Prescription Dispensing
  • Others

Healthcare staff authentication, workforce management, and patient identification and tracking currently occupy the largest share of the global healthcare biometrics market. The rise in cases of healthcare fraud in several forms, such as misrepresentation, deliberate omission of healthcare information, and false healthcare statements, and the growing need for authentic solutions to support security have led to growth in demand for installing identity verification solutions in the healthcare system. Biometrics is touted as an emerging technology that can replace cards, tokens, and passwords. The key use of healthcare biometrics is patient identification. Patient recognition through biometrics allows healthcare organizations to track existing patients and ensure efficient management and safeguarding of their information. Biometrics for patient identification can be used for purposes such as treatment tracking, walk-throughs of departments, client registration, and appointment scheduling. Furthermore, full-fledged incorporation of biometric patient identification can accommodate insurance details, treatment documents, and other such data through technologies such as fingerprint and vein recognition.

For the purpose of this study, the global healthcare biometrics market is studied for the following usage areas:

  • Hospitals and Clinics
  • Pharmaceutical and Medical Device Manufacturing
  • Research and academia
  • Healthcare Institutions and Home Care

Among the considered usage areas, hospitals and clinics occupy the largest share of the global healthcare biometrics market. Hospitals and clinics currently form the major hub of the primary purpose of healthcare biometrics, namely patient identification, tracking, and workflow management. These organizations form the largest areas where patients and healthcare personnel are found, and optimum management of the information of such individuals at hospitals and clinics is of prime importance. Furthermore, reducing healthcare fraud incidents is best accomplished through the effective adoption and implementation of healthcare biometric solutions systems in hospitals and clinics. In addition, it is suggested that pharmaceutical and medical device manufacturing, research, and academia will be the fastest-growing usage areas where the adoption of advanced biometric solutions will be the fastest. Safeguarding the extensive amount of intellectual property, research data, and other such sensitive information is becoming of prime importance to such institutions, highlighting the imminent need for biometric security solutions.

Geographically, the global healthcare biometrics market is cumulative for North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

At present, North America is the clear leader in the global healthcare biometrics market, with a market share of approximately 40% in 2016. Early introduction of healthcare biometric technologies in the healthcare system, a greater patient pool as compared to other parts of the world, extensive patient data in both the healthcare system and clinical trials, and the existence of an evolved healthcare scenario are the key factors contributing to the dominance of healthcare biometrics in North America. Additionally, it is expected that the Asia-Pacific market will witness the fastest growth during the forecast period. Exponential growth in the patient pool admitted to hospitals, growing research initiatives being conducted in-house and outsourced, and the proliferation of medical tourism facilitate the growth of the Asia-Pacific market. Moreover, the rapid development of the healthcare infrastructure in large economies such as India, China, Mexico, and others will serve as major penetration opportunities for prime market players.

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The detailed regional classification of the global healthcare biometrics market is as follows:

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, and the Rest of Europe)
  • Asia Pacific (China, Japan, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East and Africa (GCC plus the rest of the Middle East and Africa)

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global Healthcare Biometrics Market Portraiture
2.1.1. Global Healthcare Biometrics Market, by Technology, 2016
2.1.2. Global Healthcare Biometrics Market, by Applications, 2016
2.1.3. Global Healthcare Biometrics Market, by Usage Areas, 2016
2.1.4. Global Healthcare Biometrics Market, by Geography, 2016

Chapter 3. Healthcare Biometrics: Market Dynamics and Outlook
3.1. Market Definition and Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Value Chain Analysis
3.6. Porter’s Five Forces Model
3.7. Attractive Investment Proposition, by Geography, 2016
3.8. Competitive Landscape
3.8.1. Competitive Landscape, by Key Players, 2016

Chapter 4. Global Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
4.1. Overview
4.2. Attractive Investment Proposition, by Technology, 2016
4.3. Fingerprint Recognition
4.4. Iris Recognition
4.5. Palm Geometry Recognition
4.6. Vein/Vascular Recognition
4.7. Face Recognition
4.8. Behavioral Recognition
4.8.1. Signature Recognition
4.8.2. Voice Recognition
4.8.3. Others

Chapter 5. Global Healthcare Biometrics Market, by Applications, 2015 – 2025 (US$ Mn)
5.1. Overview
5.2. Attractive Investment Proposition, by Applications, 2016
5.3. Record Management and Data Security
5.4. Healthcare Staff Authentication and Workforce Management
5.5. Patient Identification and Tracking
5.6. Remote & Home Care Patient Monitoring
5.7. Prescription Dispensing
5.8. Others

Chapter 6. Global Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.1. Overview
6.2. Attractive Investment Proposition, by Usage Area, 2016
6.3. Hospitals and Clinics
6.4. Pharmaceutical and Medical Device Manufacturing
6.5. Research and Academia
6.6. Healthcare Institutions and Home Care

Chapter 7. Global Healthcare Biometrics Market, by Geography, 2015 – 2025
7.1. Overview
7.2. North America Healthcare Biometrics Market Analysis, 2015 – 2025
7.2.1. North America Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
7.2.2. North America Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
7.2.3. North America Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
7.2.4. North America Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Healthcare Biometrics Market Analysis, 2015 – 2025
7.3.1. Europe Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
7.3.2. Europe Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
7.3.3. Europe Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
7.3.4. Europe Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
7.3.4.1. U.K.
7.3.4.2. Germany
7.3.4.3. Rest of Europe
7.4. Asia Pacific Healthcare Biometrics Market Analysis , 2015 – 2025
7.4.1. Asia Pacific Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
7.4.2. Asia Pacific Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
7.4.3. Asia Pacific Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
7.4.4. Asia Pacific Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
7.4.4.1. China
7.4.4.2. Japan
7.4.4.3. Rest of APAC
7.5. Latin America Healthcare Biometrics Market Analysis, 2015 – 2025
7.5.1. Latin America Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
7.5.2. Latin America Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
7.5.3. Latin America Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
7.5.4. Latin America Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) Healthcare Biometrics Market Analysis, 2015 – 2025
7.6.1. MEA Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
7.6.2. MEA Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
7.6.3. MEA Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
7.6.4. MEA Healthcare Biometrics Market, by Region, 2015 – 2025 (US$ Mn)
7.6.4.1. GCC
7.6.4.2. Rest of MEA

Chapter 8. Company Profiles
8.1. BIO-key International
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Technology Portfolio
8.1.4. Key Developments
8.2. TOC Biometrics
8.3. Princeton Identity, Inc.
8.4. BioConnect
8.5. NEC Corporation
8.6. Cross Match Technologies, Inc.
8.7. NuData Security, Inc.
8.8. FST Biometrics Corporation
8.9. HID Global Corporation
8.10. Iris ID Systems, Inc.
8.11. MorphoTrak, Inc.

List of Figures

FIG. 1 Healthcare Biometrics: Market Segmentation
FIG. 2 Global Healthcare Biometrics Market, by Technology, 2016 (US$ Mn)
FIG. 3 Global Healthcare Biometrics Market, by Application, 2016 (US$ Mn)
FIG. 4 Global Healthcare Biometrics Market, by Usage Area, 2016 (US$ Mn)
FIG. 5 Global Healthcare Biometrics Market, by Geography, 2016 (Value %)
FIG. 6 Attractive Investment Proposition, by Geography, 2016
FIG. 7 Market Competition Landscape, by Key Players, 2016
FIG. 8 Global Fingerprint Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global Iris Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Palm Geometry Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 11 Global Vein/Vascular Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Face Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Behavioral Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 14 Global Signature Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 15 Global Voice Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 16 Global Other Behavioral Recognition Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 17 Global Healthcare Biometrics Market in Record Management and Data Security, 2015 – 2025 (US$ Mn)
FIG. 18 Global Healthcare Biometrics Market in Healthcare Staff Authentication and Workforce Management, 2015 – 2025 (US$ Mn)
FIG. 19 Global Healthcare Biometrics Market in Patient Identification and Tracking, 2015 – 2025 (US$ Mn)
FIG. 20 Global Healthcare Biometrics Market in Remote & Home Care Patient Monitoring, 2015 – 2025 (US$ Mn)
FIG. 21 Global Healthcare Biometrics Market in Prescription Dispensing, 2015 – 2025 (US$ Mn)
FIG. 22 Global Healthcare Biometrics Market in Other Applications, 2015 – 2025 (US$ Mn)
FIG. 23 Global Healthcare Biometrics Market for Hospital and Clinics, 2015 – 2025 (US$ Mn)
FIG. 24 Global Healthcare Biometrics Market for Pharmaceutical and Medical Device Manufacturing, 2015 – 2025 (US$ Mn)
FIG. 25 Global Healthcare Biometrics Market for Research and Academia, 2015 – 2025 (US$ Mn)
FIG. 26 Global Healthcare Biometrics Market for Healthcare Institutions and Home Care, 2015 – 2025 (US$ Mn)
FIG. 27 U.S. Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 28 Canada Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 29 U.K. Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 30 Germany Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 31 Rest of Europe Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 32 Japan Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 33 China Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 34 Rest of Asia Pacific Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 35 Brazil Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 36 Mexico Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 37 Rest of Latin America Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 38 GCC Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)
FIG. 39 Rest of Middle East and Africa Healthcare Biometrics Market, 2015 – 2025 (US$ Mn)

List of Tables

TABLE 1 Global Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 2 Global Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 3 Global Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 4 North America Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 5 North America Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 6 North America Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 7 North America Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 10 Europe Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 11 Europe Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 13 Asia Pacific Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 14 Asia Pacific Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 15 Asia Pacific Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 16 Latin America Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 17 Latin America Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 18 Latin America Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 19 Latin America Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 20 Middle East and Africa Healthcare Biometrics Market, by Technology, 2015 – 2025 (US$ Mn)
TABLE 21 Middle East and Africa Healthcare Biometrics Market, by Application, 2015 – 2025 (US$ Mn)
TABLE 22 Middle East and Africa Healthcare Biometrics Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 23 Middle East and Africa Healthcare Biometrics Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 24 BIO-key International: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 TOC Biometrics: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Princeton Identity, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 BioConnect: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 NEC Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Cross Match Technologies, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 NuData Security, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 FST Biometrics Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 HID Global Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Iris ID Systems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 MorphoTrak, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Healthcare Biometrics Market?

The market for Healthcare Biometrics Market is expected to reach US$ 13,928.2 Mn By 2025.

What is the Healthcare Biometrics Market CAGR?

The Healthcare Biometrics Market is expected to see significant CAGR growth over the coming years, at 22.9%.

What is the Forecast period considered for Healthcare Biometrics Market?

The report is forecasted from 2017-2025.

What is the base year considered for Healthcare Biometrics Market?

The base year of this report is 2016.

Who are the major players in this market?

BIO-key International, TOC Biometrics, Princeton Identity, Inc., BioConnect, NEC Corporation, Cross Match Technologies, Inc., NuData Security, Inc., FST Biometrics Corporation, HID Global Corporation, Iris ID Systems, Inc., and MorphoTrak, Inc. are some of the major players in the global market.

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