Biometric as a service in Healthcare Market - Trends Forecast Till 2028

Biometric as a Service in Healthcare Market By Modality Type (Unimodal, Multimodal), Access Control and Authentication (Single-Factor Authentication, Multi Factor Authentication), Deployment Model (Hybrid Cloud, Private Cloud, Public Cloud), Access Channel (Online, In-Person, Tablet, IOS, Android), Application (Medical Record Security and Data Center Security, Patient Identification And Tracking, Care Provider Authentication, Counter Insurance Fraud, Pharmacy Dispensing, Home/ Remote Patient Access, Narcotic Security, Others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: September, 2020

Base Year Estimate: 2019

Report ID: D-HC-BMAASIHM-26

Format:  

Number of Pages: 245

Domain: Healthcare

Biometric as a service in Healthcare Market – Trends Forecast Till 2028

Global biometric as a service in the healthcare market is anticipated to reach USD 2.2 billion by 2020 growing at a CAGR of 17.1% during the forecasting period, 2020-2028. Biometric as a service in healthcare is the system to be used for providing access control, identification, workforce management, or patient record storage. Biometric technology can add operational efficiencies to the healthcare system that reduce costs, reduce fraud, and increases patient satisfaction by reducing medical errors

Biometric as a service in Healthcare Market – Trends Forecast Till 2028

Global biometric as a service in healthcare market is segmented into modality type, access control, deployment model, access channel, application and geography.

Modality Type segment is segmented into unimodal and multimodal

On the basis of modality type, the unimodal segment is likely to dominate the market for biometric as a services in the healthcare market for the forecast period 2020-2028

Access Control and Authentication segment is segmented into single-factor authentication, multi-factor authentication

The deployment Model segment is segmented into the hybrid cloud, private cloud, and public cloud

Access Channel segment is segmented into online, in-person, tablet, IOS, and android

Application segment is segmented into medical record security and data center security, patient identification and tracking, care provider authentication, counter insurance fraud, pharmacy dispensing, home/ remote patient access, narcotic security, and others

Geographically, global biometric as a service in the healthcare market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

North America region is the largest contributor to biometric as a service in the healthcare market in the forecast period 2020-2028.

Key players in global biometric as a service in healthcare market are Gemalto NV, Agnitio, BioAXS Co. Ltd., Cenmetrix (Pvt) Ltd., FUJITSU, HID Global Corporation, Hitachi, Ltd., Crossmatch, Hid Global Corporation, Biomax Security, Integrated Biometrics, Innovatrics, IRITECH, INC., LaserLock International, Inc., M2SYS Technology, MorphoTrust USA, Nuance Communications, Inc., Qualcomm Technologies, Inc., SecuGen Corporation, Voicetrust, Uniphore, lumenvox, VoiceVault Voice Authentication among others

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In 2017, M2SYS Technology has announced a partnership with Suprema for using supremas biometric hardware that is BioMini Slim 2 fingerprint scanner for its CloudABIS (TM) Biometric Software Solutions
  • In May 2018, Integrated Biometrics, LLC has announced PKS Services as a primary distributor for FBI-certified products in Europe

Available Customizations

In addition to the market data for biometric as a service in the healthcare market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, a conference like Jefferies conference)—to identify and collect information useful for this study of biometric as a service in the healthcare market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global biometric as a service in the healthcare market. Through secondary, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological developments.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on biometric as a service in the healthcare market.

The primary Respondent breakdown is provided below:

Biometric as a service in Healthcare Market – Trends Forecast Till 2028

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the biometric as a service in the healthcare market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact the primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for biometric as a service in the healthcare market so as to understand the trends and the factors involved in changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Features

Description

Market Revenue In 2020

USD 2.2 billion

Growth Rate

CAGR of 17.1% during the forecasting period, 2020-2028

Historical Data

2017-2018

Forecast Years

2020-2028

Base Year

2019

Units Considered

Revenue in USD billion and CAGR from 2020 to 2028

Report Segmentation

Modality Type, Access Control, Deployment Model, Access Channel, Application, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Gemalto NV, Agnitio, BioAXS Co. Ltd., Cenmetrix (Pvt) Ltd., FUJITSU, HID Global Corporation, Hitachi, Ltd., Crossmatch, Hid Global Corporation, Biomax Security, Integrated Biometrics, Innovatrics, IRITECH, INC., LaserLock International, Inc., M2SYS Technology, MorphoTrust USA, Nuance Communications, Inc., Qualcomm Technologies, Inc., SecuGen Corporation, Voicetrust, Uniphore, lumenvox, VoiceVault Voice Authentication among others

Available Customization

In addition to the market data for biometric as a service in the healthcare market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

 

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