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

Market Overview

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

Key Findings

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

Regional Analysis

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

Competitive Landscape

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

Recent Developments

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

Reasons to Acquire

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