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Healthcare Smart Card Reader Market Size

  • Report ID: GMI5534
  • Published Date: Mar 2023
  • Report Format: PDF

Healthcare Smart Card Reader Market Size

Healthcare Smart Card Reader market size was valued at over USD 1.2 billion in 2022 and is anticipated to grow at over 18% CAGR through 2023 - 2032. Driven by the surging government support for the deployment of smart card infrastructure.

 

Surging digitalization in the healthcare space in key aspects such as medical record-keeping, insurance, and others for effective management of patient data has bolstered the demand for smart card readers. These cards enable safe storage and retrieval of patient information and offer instant patient verification for immediate insurance processing and refund. Many governments across the world are investing in the implementation of smart card infrastructure to ensure security and privacy of healthcare records. These cards also support their drive to go paperless and attain smart management of data.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for healthcare smart card reader held a valuation of over USD 1.2 billion in 2022 and is slated to grow at over 18% CAGR over 2023-2032, driven by surging government support for the implementation of smart card infrastructure.

Memory-based smart cards segment is anticipated to witness a valuation of more than USD 3 billion by 2032, owing to their high security.

North America healthcare smart card reader market is expected to witness a valuation of over USD 1.3 billion by 2032, fueled by surging healthcare investments in the region.

Some of the prominent healthcare smart card reader industry contenders are FEITIAN Technologies Co., Ltd., Advanced Card Systems Ltd., IDENTOS Inc., SecuGen Corporation, Advantech Co., Ltd., and German Telematics, among others.

Healthcare Smart Card Reader Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 347
  • Countries covered: 30
  • Pages: 210
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