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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.
Report Attribute | Details |
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Base Year: | 2022 |
Healthcare Smart Card Reader Market Size in 2022: | USD 1.2 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 18% |
2032 Value Projection: | USD 6 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 347 |
Segments covered: | Card Type, Product Type, Application, End-use, and Region. |
Growth Drivers: |
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Pitfalls & Challenges: |
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