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Biometrics As a Service in the Healthcare Market Trends

  • Report ID: GMI10847
  • Published Date: Aug 2024
  • Report Format: PDF

Biometrics As a Service in the Healthcare Market Trends

The biometrics as a service in the healthcare industry is experiencing several notable trends that are shaping its growth and development. Factors such as growing use of cloud-based solutions, rising demand for integrated artificial intelligence (AI) in healthcare and machine learning, increasing adoption of multimodal biometrics, and increased investment in digital health, among other factors are propelling the industry growth.
 

  • AI and ML are being integrated into biometric systems to enhance their accuracy, efficiency, and adaptability. AI-driven algorithms are improving the precision of biometric identification and verification processes, making these systems more reliable in diverse healthcare environments. Additionally, AI enables real-time monitoring and analysis, which is crucial for applications like patient monitoring and access control.
     
  • Additionally, blockchain technology is being explored as a way to enhance the security and integrity of biometric data in healthcare. By using blockchain, healthcare providers can ensure that biometric data is stored securely and is tamper-proof. This trend is gaining traction as healthcare organizations seek to protect sensitive data from breaches and unauthorized access, thereby aforementioned factors are expected to drive the market.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market size for biometrics as a service in the healthcare was valued at USD 605.8 million in 2023 and is anticipated to register 18.8% CAGR between 2024 and 2032, attributed to the ongoing advancements in biometric solutions and rising demand for data security and privacy.

The fingerprint recognition segment in the biometrics as a service in the healthcare market held 47% revenue share in 2023 due to its high accuracy, reliability, and cost-effectiveness compared to other biometrics.

North America market is anticipated to grow at 18.5% CAGR through 2032 due to stringent regulations and widespread adoption of electronic health records.

Aratek, Aware, Inc., BIO-key International, Cognitec Systems GmbH, Fujitsu, HID Global Corporation (ASSA ABLOY), Hitachi, Ltd., IDEX Biometrics ASA, Imageware, Imprivata, Inc., and NEC Corporation, among others.

Biometrics As a Service in the Healthcare Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 152
  • Countries covered: 23
  • Pages: 110
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