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  • Published On : Aug 2022
  • Code : CMI155
  • Industry : Healthcare IT
  • Pages : 160
  • Formats :

Biometrics in the healthcare context primarily refers to patient identification and the provision of access control to users. Biometrics are also used for detecting fraud and securing information of patients recruited for clinical trials. Healthcare insurers in the U.S. face a lot of fraud and misrepresentation of information to claim as paid benefits. Healthcare biometrics is an optimal solution for data security and fraudulent claims and can save billions of dollars spent by the government and healthcare insurers. Secured identification of patients is essential to control logical access to centralized archives of digitized patients’ data, limit physical access to hospital wards and buildings, and authenticate medical personnel.

The global healthcare biometrics market size is estimated to be valued at US$ 5,759.6 Million in 2022 and is expected to witness a CAGR of 24.4% over the forecast period (2022 – 2030).

Figure 1. Global Healthcare Biometrics Market Share (%), by Application, 2022

Healthcare Biometrics  | Coherent Market Insights

Increasing adoption of healthcare biometrics in various healthcare organizations and hospitals is expected to drive the growth of the global healthcare biometrics market

Most hospitals and healthcare organizations are using biometric systems to ensure the safety of patients’ data and secure the identification process of patients.

For instance, on September 1, 2022, according to the report published in Hindawi, a commercial publisher of scientific, technical, and medical literature, the majority of biometric authentication in the healthcare industry goes toward patient tracking and monitoring; however, its usage for access control, identity, workforce management, and patient record storage is also growing. Consequently, all of these aspects along with MFA's (Multi-factor Authentication) safety over old approaches are anticipated to aid in the market's expansion.

Moreover, on June 2, 2022, CERTIFY Health, a provider of patient engagement and authentication globally, announced that VHC Health (VHC), a community-based health system providing medical services, had implementing its positive patient identification (PPID) using facial biometrics at all VHC locations. CERTIFY’s PPID (positive patient identification) capabilities will be integrated into VHC’s existing electronic health record and administrative systems to create a seamless experience for both patients and administrative staff.

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Healthcare Biometrics Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 5,759.6 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 24.4% 2030 Value Projection: US$ 32,975.0 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Application: Logical Access Control, Transaction Authentication, Physical Access Control
  • By Technology: Face Recognition, Iris Recognition, Hand Recognition, Voice Recognition, Fingerprint Recognition, Vein Recognition, Signature Recognition
  • By End User: Hospitals, Clinics, Clinical Laboratories, Healthcare Institutions
Companies covered:

BIO-key International, Fujitsu Limited., 3M Cogent, Inc., MorphoTrust, Imprivata, Inc., Crossmatch Technologies, Inc., Toshiba Medical System Corporation, NEC Corporation, Hitachi Ltd., Integrated Biometrics, and Qualcomm Technologies, Inc.

Growth Drivers:
  • Increasing adoption of healthcare biometrics in various healthcare organizations and hospitals
  • Increasing launches of medical biometric systems
Restraints & Challenges:
  • Rising cybercrime targeting medical data and services.

 Figure 2. Global Healthcare Biometrics Market Share (%), by Region, 2022

Healthcare Biometrics  | Coherent Market Insights

The presence of key market players and increasing launches of medical biometric systems driving in highest share of North America market in the global healthcare biometric market.

On the basis of region, the global healthcare biometrics market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to witness significant growth in the global healthcare biometrics market owing to increasing launches of medical biometric systems by major players in this region. For instance, in February 2018, Applied Health Analytics, LLC, a provider of analytics and technology services, launched bMetrix, a screening application that helps automate the collection of biometric data. This new system allows clinicians and wellness screeners to accurately gather information on-site and at retail clinics, biometric screenings, and health fairs. bMetrix supports the most popular biometric diagnostic devices such as CardioChek and Cholestech LDX.

Asia Pacific is also expected to witness considerable growth over the forecast period owing to increasing initiatives by healthcare providers and hospitals in the region. For instance, in September 2018, the Jiangxi Provincial People’s Hospital in China deployed self-service payment terminals, equipped with Alipay’s face recognition technology for secure transactions. It is the first hospital in China to offer facial recognition-based medical bill payment services.

Global Healthcare Biometrics Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it a public health emergency on January 30, 2020.

The sudden outbreak of COVID-19 has brought the world to a standstill. The whole world is fighting this pandemic with an increased burden on hospitals and healthcare professionals. In April 2020, according to the reports published in an article on Biometric Technology, in Research Gate, a commercial social networking site, the COVID-19 situation calls for the adoption of efficient and contactless procedures, notably in the retail sector. Applications that rely on fingerprint recognition modalities suffer a significant loss as a result of the COVID-19 pandemic's tightening criteria, while contactless technologies such as face and iris-based detection systems are being pushed to new heights. Additionally, COVID-19 will have a big and lasting effect on biometrics companies, developers, investors, and clients.

Global Healthcare Biometrics Market: Key Developments

  • In April 2020, Digi-Key Electronics, a global electronic components distributor, announced that it had expanded its product portfolio by signing a global distribution partnership with Fingerprint Cards AB, a biometrics company, providing Digi-Key customers with standalone, compact biometric fingerprint sensor solutions, providing safe and convenient identification and authentication with a human touch.
  • In June 2021, CLEAR, a talent management system, and Atlantic Health System, a non-profit health care network, had partnered to empower patients with the ability to access and share their proof of COVID-19 vaccination through CLEAR’s digital vaccine card and Health Pass. Using the free CLEAR app, vaccinated patients had the option to create a digital version of their paper vaccination card and securely link their vaccination information within Health Pass for entry to sporting events, concerts, and other participating locations across the country.
  • In August 2021, RAIsonance, Inc., an artificial intelligence/machine learning (AI/ML)-based technology company, announced the launch of a new product, SoundPass. SoundPass is a non-medical, biometric tool using multi-factor authentication (MFA) for establishing and maintaining a bubble of perimeter security around the premises or a group of people.

Global Healthcare Biometrics Market: Restraints

Rising cybercrime targeting medical data and services has restrained the growth of the global healthcare biometrics market. Due to valuable data, medical records command higher prices on the dark web, making them a top target for criminals. The CBS News, a U.S.-based television and radio service, patient records can sell for up to US$1,000 each.

For instance, in 2019, according to the reports published in Healthcare Data Breach Report, published by HIPAA Journal, more healthcare records were breached in 2019 than in the six years from 2009 to 2014, and that was before COVID-19 drove increased demand for telehealth and remote access.

Moreover, using biometrics in healthcare offers a way to access sensitive information using something that cannot be lost, stolen, shared, or forgotten. People face many challenges remembering the password. For instance, Users have too many to remember, forgotten passwords are reset using weak “secret questions” and knowledge-based authentication methods that are simple for social engineers to hack. Users sacrifice security for convenience and Compromised credentials are for sale on the dark web.

Key Players

Key players operating in the global healthcare biometrics market include BIO-key International, Fujitsu Limited., 3M Cogent, Inc., MorphoTrust, Imprivata, Inc., Crossmatch Technologies, Inc., Toshiba Medical System Corporation, NEC Corporation, Hitachi Ltd., Integrated Biometrics, and Qualcomm Technologies, Inc.

Biometrics are used extensively in industries such as construction, financial services, hospitality, government, and corporate settings. In the healthcare sector, biometrics finds applications in access control and data security. Healthcare organizations, mainly clinical research organizations, diagnostic laboratories, health insurers, manufacturing companies, and hospitals, are potential users of biometric technology. Healthcare IT products and systems have high demand in emerging economies such as India, China, Brazil, and Indonesia, owing to the rapidly expanding healthcare sector and infrastructure in these countries. These factors are expected to drive the growth of the healthcare biometrics market in the Asia Pacific, Latin America, and Middle East regions.

Market Dynamics

Technological advancements in the healthcare biometrics market are expected to drive the growth of the global healthcare biometrics market. For instance, in May 2021, Imprivata, the digital identity company for healthcare, together with technology partners Aware, a provider of biometrics products and solutions, and IDEMIA, a multinational technology company, introduced an innovative mobile facial recognition solution, taking advanced security technology and enhancing and simplifying it for application for unique healthcare requirements. The mobile facial recognition solution will help healthcare organizations improve security and compliance, substantially simplify usability and workflow, and advance their digital identity strategy.

However, data security breaches such as data-hacking are expected to hamper the market growth. For instance, in 2021, according to Check Point Research, cyber-attacks increased 50% year-over-year, with each organization facing 925 cyber-attacks per week globally. As per the statistics, businesses witnessed 50% more attacks per week in 2021 compared to 2020. The Log4J vulnerability was one of the major contributors to the significant rise in malicious activities in 2020.

Key features of the study:                                          

  • This report provides an in-depth analysis of the global healthcare biometrics market, market size (US$ Million), and compound annual growth rate (CAGR (%)) for the forecast period: 2022 – 2030, considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles key players in the global healthcare biometrics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include BIO-key International, Fujitsu Limited., 3M Cogent, Inc., MorphoTrust, Imprivata, Inc., Crossmatch Technologies, Inc., Toshiba Medical System Corporation, NEC Corporation, Hitachi Ltd., Integrated Biometrics, and Qualcomm Technologies, Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global healthcare biometrics market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, suppliers, research and consulting firms, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global healthcare biometrics market.

Detailed Segmentation:

  • Global Healthcare Biometrics Market, By Application:
    • Logical Access Control
    • Transaction Authentication
    • Physical Access Control
  • Global Healthcare Biometrics Market, By Technology:
    • Face Recognition
    • Iris Recognition
    • Hand Recognition
    • Voice Recognition
    • Fingerprint Recognition
    • Vein Recognition
    • Signature Recognition
  • Global Healthcare Biometrics Market, By End User:
    • Hospitals
    • Clinics
    • Clinical Laboratories
    • Healthcare Institutions
  • Global Healthcare Biometrics Market, By Region:
    • North America
      • By Country
        • U.S.
        • Canada
    • Europe
      • By Country
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Country
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • BIO-key International.*
      • Company Highlights
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Market Strategies
    • Fujitsu Limited.
    • 3M Cogent, Inc.
    • MorphoTrust
    • Imprivata, Inc.
    • Crossmatch Technologies, Inc.
    • Toshiba Medical System Corporation
    • NEC Corporation
    • Hitachi Ltd.
    • Integrated Biometrics
    • Qualcomm Technologies, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global healthcare biometrics market is estimated to surpass US$ 32,975 Million by 2030.
Major players operating in the market include BIO-key International, Fujitsu Limited., 3M Cogent, Inc., MorphoTrust, Imprivata, Inc., Crossmatch Technologies, Inc., Toshiba Medical System Corporation, NEC Corporation, Hitachi Ltd., Integrated Biometrics, and Qualcomm Technologies, Inc.
Among application, the logical access control segment is expected to account for a major revenue share by 2022. Logical access control is a major application for biometric identification, authentication, accountability, and authorization protocols.
The increasing adoption of healthcare biometrics in various healthcare organizations and hospitals is expected to drive the growth of the market.
The market is estimated to exhibit a CAGR of 24.4% over the forecast period.
Among regions, North America is expected to witness significant growth over the forecast period, owing to increasing launches of medical biometric systems.

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