Global Healthcare Biometrics Market Will Reach USD 5.8 Billion By 2019

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Transparency Market Research published new market report"Healthcare Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019".The healthcare biometrics market is expected to witness considerable growth across the globe due to rising need for curbing increasing healthcare frauds, as well as for providing improved patient care and protecting patent privacy. Simultaneously, there is an increasing orientation towards reduction of out-of-box healthcare expenditures, which have been worth billions in recent years due to various reasons such as identity duplication, false insurance claims, and medical thefts. Since its introduction, the biometrics industry has undergone tremendous technological development across all businesses, and it is expected that hospitals, clinics, and other medical and healthcare facilities will be benefited from the increasing scope of applications of biometric security technologies.
The global healthcare biometrics market was valued at USD 1.2 billion in 2012 and is expected to grow at a CAGR of 25.9% from 2013 to 2019, to reach an estimated value of USD 5.8 billion in 2019.

Browse the report With Full TOC at http://www.transparencymarketresearch.com/enteric-disease-testing-market.html

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Global Healthcare Biometrics Market Will Reach USD 5.8 Billion By 2019

  1. 1. REPORT DESCRIPTION Healthcare Biometrics Market is Expected to Reach USD 5.8 Billion Globally in 2019: Transparency Market Research Transparency Market Research is Published new Market Report " Healthcare Biometrics Market (Fingerprint, Face, Iris, Voice, Vein, Signature and Hand Recognition Technologies, Logical Access Control, Physical Access Control and Transaction Authentication Applications) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global healthcare biometrics market was valued at USD 1.2 billion in 2012 and is expected to grow at a CAGR of 25.9% from 2013 to 2019, to reach an estimated value of USD 5.8 billion in 2019. Biometrics is used to identify and authenticate an individual's identity by their biological characteristics or traits. This technology is used in the healthcare industry for the purpose of patient and medical staff's verification and access control. Use of biometric identity solutions reflects prevention and minimization of healthcare fraud and resource wastage while also improving healthcare safety, quality and patient privacy. Rapid technological advancements in healthcare infrastructure, increasing accuracy and performance levels, along with reduced complexity and cost of biometric devices are some of the major factors driving the biometrics growth in healthcare. Furthermore, growing preference for reducing healthcare Transparency Market Research Healthcare Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Single User License: US $ 4795 Multi User License: US $ 75795 Corporate User License: US $ 10795 Buy Now Request Sample Published Date: Sept 2013 97 Pages Report
  2. 2. expenditure by minimizing the risk of security breaches and medical identity thefts with the use of biometrics, support the growing acceptance of biometric systems in the healthcare industry worldwide.Growing security concerns with healthcare facilities and medical insurance providers has impelled the demand for biometrics solutions in healthcare. The global healthcare biometrics market can be categorized into biometric technologies and their applications in various authentication processes. Fingerprint recognition technology is the most prominently used biometric technology and will make up more than 50% percent of biometrics demand in healthcare industry through 2019. Availability of a wide range of fingerprint recognition devices, introduction of portable fingerprint scanners and their efficacy in healthcare are the major factors driving the demand for fingerprint technology. Based on adaptability to cost effective security enhanced formats, AFIS (automated fingerprint identification systems), will continue to lead in terms of market revenues. It is expected that the global market for fingerprint biometric devices will grow at a CAGR of more than 20% from 2013 to 2019. On the other hand, vein, face and iris recognition are expected to witness fastest growth among the other biometric technologies and will account for the most rapidly expanding demand from applications in the logical access control. Demand for these products will benefit from more strict government regulations and industry standards covering the safety, security, and functional features of biometric systems. Logical access control, physical access control and transaction authentication are the three prime application areas of healthcare biometrics. Use of logical access is essential for user's authentication to permit access to computer systems in hospitals and healthcare facilities. Thus, in terms of allocations, logical access control segment is expected to dominate the global healthcare biometrics market during the given forecast period of 2013 to 2019. Geographically, North America is expected to remain the largest market for healthcare biometrics technologies. Currently, North America along with Europe captures more than 75% of the market share. In the developing world, Asia-Pacific region will provide the largest and most diverse sales opportunities for biometrics security solutions in the healthcare sector due to budding domestic and export markets for nationally produced biometric devices. The healthcare biometrics market is highly fragmented and consists of many large and small players. The competition in this market is characterized by market consolidation activities, partnerships, and intensive mergers and acquisitions as well as intensive cost-containment measures. Some of the major companies currently active in the healthcare biometrics market include 3M Cogent, Inc., Bio-Key International, Inc., DigitalPersona, Inc., NEC Corporation, M2SYS LLC, Cross Match Technologies, Inc., Suprema, Inc., and Siemens AG. The global healthcare biometrics market is segmented as follows: Healthcare Biometrics Market, by Technology  Fingerprint
  3. 3.  Vein  Face  Iris  Voice  Hand  Signature  Others Healthcare Biometrics Market, by Applications  Logical Access Control  Physical Access Control  Transaction Authentication Healthcare Biometrics Market, by Geography  North America  Europe  Asia-Pacific  Rest of the World (RoW) TABLE OF CONTENTS Chapter 1 Introduction 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.4 List of Abbreviations Chapter 2 Executive Summary
  4. 4. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/healthcare-biometrics- market.html Chapter 3 Market Overview 3.1 Market Definition and Overview 3.1.1 The biometrics industry 3.1.2 The need for biometrics 3.1.3 Biometrics benefits offered in healthcare 3.2 Market Dynamics 3.2.1 Drivers 3.2.1.1 Financial benefits offered by healthcare biometrics 3.2.1.2 Reduction in healthcare frauds 3.2.1.3 Practical alternative to passwords 3.2.2 Restraints 3.2.2.1 Storage of biometric template 3.2.2.2 Security and convenience trade-off 3.2.3 Opportunities 3.2.3.1 Biometric self-service in healthcare 3.2.3.2 Future scope in palm vein biometric authentication 3.3 Porter’s Five Force Analysis 3.3.1 Bargaining Power of Suppliers 3.3.2 Bargaining Power of Buyers 3.3.3 Threat of New Entrants 3.3.4 Threat of Substitutes 3.3.5 Competitive Rivalry
  5. 5. 3.4 Market Attractiveness Analysis: Global Healthcare Biometrics Market, by Geography, 2012 Chapter 4 Global Healthcare Biometrics Market, by Technology 4.1 Overview 4.2 Face Recognition 4.2.1 Global Face Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.3 Iris Recognition 4.3.1 Global Iris Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.4 Hand Recognition 4.4.1 Global Hand Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.5 Voice Recognition 4.5.1 Global Voice Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.6 Fingerprint Recognition 4.6.1 Global Fingerprint Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.6.2 Automated Fingerprint Identification Systems (AFIS) 4.6.3 Global AFIS Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.6.4 Non-Automated Fingerprint Identification Systems (Non-AFIS) 4.6.5 Global Non-AFIS Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.7 Vein Recognition 4.7.1 Global Vein Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.8 Signature Recognition 4.8.1 Global Signature Recognition Biometrics Market Revenue, 2011 – 2019 (USD Million) 4.9 Other Techniques
  6. 6. Related & Recently Published Reports by Transparency Market Research  Glass Packaging Market: http://www.transparencymarketresearch.com/glass- packaging.html  Connected Car Market: http://www.transparencymarketresearch.com/connected-car.html  Maleic Anhydride Market: http://www.transparencymarketresearch.com/maleic-anhydride- market.html  Industrial Controls and Robotics Market:http://www.transparencymarketresearch.com/industrial-robotics- market.html  Enteric Disease Testing Market: http://www.transparencymarketresearch.com/enteric-disease- testing-market.html Chapter 5 Global Healthcare Biometrics Market, by Applications 5.1 Overview 5.2 Logical Access Control 5.2.1 Logical Access Control Biometrics Market Revenue, 2011 – 2019 (USD Million) 5.3 Physical Access Control 5.3.1 Physical Access Control Biometrics Market Revenue, 2011 – 2019 (USD Million) 5.4 Transaction Authentication 5.4.1 Transaction Authentication Biometrics Market Revenue, 2011 – 2019 (USD Million) Chapter 6 Global Healthcare Biometrics Market, by Geography 6.1 Overview 6.1.1 Comparative Analysis, Global Healthcare Biometrics Market, by Geography, 2012 – 2019 (Value %)
  7. 7. 6.2 North America 6.2.1 North America Healthcare Biometrics Market Revenue, 2011 – 2019 (USD Million) 6.3 Europe 6.3.1 Europe Healthcare Biometrics Market Revenue, 2011 – 2019 (USD Million) 6.4 Asia-Pacific 6.4.1 Asia-Pacific Healthcare Biometrics Market Revenue, 2011 – 2019 (USD Million) 6.5 Rest of the World (RoW) 6.5.1 Rest of the World (RoW) Healthcare Biometrics Market Revenue, 2011 – 2019 (USD Million) Chapter 7 Recommendations Chapter 8 Company Profiles 8.1 3M Cogent, Inc. 8.1.1 Company Overview 8.1.2 Business Strategy 8.1.3 Financial Overview 8.1.4 Product Portfolio 8.1.5 Recent Developments 8.2 Aware, Inc. 8.2.1 Company Overview 8.2.2 Strategic Overview 8.2.3 Financial Overview 8.2.4 Product Portfolio 8.2.5 Recent Developments 8.3 BIO-key International, Inc. 8.3.1 Company Overview
  8. 8. 8.3.2 Business Strategy 8.3.3 Financial Overview 8.3.4 Product Portfolio 8.3.5 Recent Developments 8.4 Cross Match Technologies, Inc. 8.4.1 Company Overview 8.4.2 Strategic Overview 8.4.3 Financial Overview 8.4.4 Product Portfolio 8.4.5 Recent Developments 8.5 DigitalPersona, Inc. 8.5.1 Company Overview 8.5.2 Strategic Overview 8.5.3 Financial Overview 8.5.4 Product Portfolio 8.5.5 Recent Developments 8.6 Fujitsu Ltd. 8.6.1 Company Overview 8.6.2 Strategic Overview 8.6.3 Financial Overview 8.6.4 Product Portfolio 8.6.5 Recent Developments 8.7 Lumidigm, Inc. 8.7.1 Company Overview 8.7.2 Strategic Overview
  9. 9. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/healthcare-biometrics- market.html 8.7.3 Financial Overview 8.7.4 Product Portfolio 8.7.5 Recent Developments 8.8 M2SYS LLC 8.8.1 Company Overview 8.8.2 Strategic Overview 8.8.3 Financial Overview 8.8.4 Product Portfolio 8.8.5 Recent Developments 8.9 NEC Corporation 8.9.1 Company Overview 8.9.2 Strategic Overview 8.9.3 Financial Overview 8.9.4 Product Portfolio 8.9.5 Recent Developments 8.10 SAFRAN SA 8.10.1 Company Overview 8.10.2 Strategic Overview 8.10.3 Financial Overview 8.10.4 Product Portfolio 8.10.5 Recent Developments 8.11 Siemens AG 8.11.1 Company Overview
  10. 10. 8.11.2 Strategic Overview 8.11.3 Financial Overview 8.11.4 Product Portfolio 8.11.5 Recent Developments 8.12 Suprema, Inc. 8.12.1 Company Overview 8.12.2 Strategic Overview 8.12.3 Financial Overview 8.12.4 Product Portfolio 8.12.5 Recent Developments 8.13 ZKTeco, Inc. 8.13.1 Company Overview 8.13.2 Strategic Overview 8.13.3 Financial Overview 8.13.4 Product Portfolio 8.13.5 Recent Developments About Us: Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
  11. 11. Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY – 12207, United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/

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