Market Research Reports

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

97pages
Published Date: 2013-09-25
 

Description


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.

This report studies the global market for healthcare biometrics from three prime perspectives. The market has been segmented on the basis of technology, application, and geography. These segments have further been classified into individual sub-segments; technologies include biometrics recognition by face, iris, hand geometry, voice, fingerprint, voice, vein, and signature. The various biometric applications studied in the report include logical access control, physical access control, and transaction authentication. Each of the segments has been analyzed on the basis of their current and future market size for the period 2011 to 2019, in terms of revenue generation in USD million, considering 2012 as the base year. The percent compounded annual growth rate (CAGR in %) for each market segment has been provided for the forecast period 2013 to 2019 along with the market size estimations.

Geographically, the market has been segmented into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). The respective market size and forecast till 2019 for each region has also been presented in the report along with the CAGR. In addition, the market overview section of the report provides a qualitative assessment of the market dynamics wherein the drivers, restraints, and opportunities along with market attractiveness and Porter’s five force analysis has been studied.

This report provides a bird’s eye view of the leading players in the market and their respective products. Some of the major players profiled in this report include 3M Cogent, Inc., Bio-Key International, Inc., DigitalPersona, Inc., NEC Corporation, M2SYS LLC, Cross Match Technologies, Inc., Suprema, Inc., and Siemens AG.

Table of Contents


Table of Content

Chapter 1 Introduction
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.4 List of Abbreviations

Chapter 2 Executive Summary

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
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

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 %)
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
      8.3.2 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
      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
      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

List of Figures

FIG. 1 Healthcare Biometrics: Market Segmentation
FIG. 2 Global Healthcare Biometrics Market, by Technology, 2012 (USD Milion)
FIG. 3 Healthcare Fraud Pending Cases in the U.S., FY 2007 - FY 2011
FIG. 4 Porter’s Five Force Analysis: Global Healthcare Biometrics Market
FIG. 5 Market Attractiveness Analysis: Global Healthcare Biometrics Market, by Geography, 2012
FIG. 6 Global Face Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 7 Global Iris Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 8 Global Hand Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 9 Global Voice Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 10 Global Fingerprint Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 11 Global AFIS Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 12 Global Non-AFIS Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 13 Global Vein Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 14 Global Signature Recognition Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 15 Logical Access Control Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 16 Physical Access Control Biometrics Market Revenue, 2011 – 2019 (USD Million)
FIG. 17 Transaction Authentication Biometrics Market Revenue, 2011 – 2019 (USD Million)
FIG. 18 Comparative Analysis: Global Market for Healthcare Biometrics, By Geography, 2012 & 2019 (Value %)
FIG. 19 North America Healthcare Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 20 Europe Healthcare Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 21 Asia-Pacific Healthcare Biometrics Market Revenue, 2011 – 2019 (USD Million)
FIG. 22 Rest of the World (RoW) Healthcare Biometrics Market Revenue, 2011 - 2019 (USD Million)
FIG. 23 Annual Revenue: Aware, Inc., 2010 – 2012 (USD Million)
FIG. 24 Annual Revenue: BIO-key International, Inc., 2010 – 2012 (USD Million)
FIG. 25 Annual Revenue: Fujitsu Ltd., 2010 – 2012 (USD Million) (1 Yen = 0.01 USD)
FIG. 26 Annual Revenue: NEC Corporation, 2010 – 2012 (USD Million) (1 Yen = 0.01 USD)
FIG. 27 Annual Revenue: SAFRAN SA, 2010 – 2012 (USD Million) (1 Euro = 1.32 USD)
FIG. 28 Annual Revenue: Siemens AG, 2010 – 2012 (USD Million)
FIG. 29 Annual Revenue: Suprema, Inc., 2010 – 2012 (USD Million) (1KRW = 0.001 USD)

List of Tables

TABLE 1 Market Snapshot: Global Healthcare Biometrics Market
TABLE 2 Global Healthcare Biometrics Market Revenue, by Technology, 2011 – 2019 (USD Million)
TABLE 3 Global Healthcare Biometrics Market Revenue, by Application, 2011 – 2019 (USD Million)
TABLE 4 Global Healthcare Biometrics Market Revenue, by Geography, 2011 - 2019 (USD Million)

Enquiry Before Buying


Free Market Analysis


Security has always remained a vital concern in healthcare sector when it comes to safeguard confidential medical data, records and patients’ privacy. Biometric devices analyze biological data of a user by capturing unique physical human features and use them as a future reference (template) for user’s identification. The basic components of biometric identification systems consist of a scanning device or a reader, software to convert the scanned information into digital form and a database to store the biometric data for comparison with entered biometric data.

A variety of human features such as fingerprint, face, iris, vein, voice, hand and signature seem to reveal several potential attributes for biometric authentication. Use of biometrics with the help of these physical characteristics along with logical or physical access or both together has found a wide usage in the healthcare sector. However, improper storage of medical data may pose a threat of invasion of the user’s identity and thus challenge patient security. Biometric solutions facilitate the provision of restricted access to rooms or computer network systems from unauthorized access.

Healthcare facilities across the globe are increasingly shifting their focus on implementing biometric security solutions for patient identification and their linking to electronic health records system to the respective patients. Integrity of patient identity, efficient and safe data recording, control on medical frauds and reduction in inventory theft are some of the distinct advantages offered by biometrics. Biometrics allows matching of a patient to his records with minimal possibility of errors and avoids mixing up of patient information which can have serious consequence on the health and wellbeing of such patients. Moreover, factors such as culmination of false patient identity, patient protection and reduction of the overburden of medical frauds and security of medical records have urged those in the healthcare industry to opt for biometrics.

Even with the ongoing struggle in the economy, especially in the European and Asian countries, healthcare organizations are investing in biometric technologies in order to increase security, privacy and improve patient safety and thus compensate the huge amount of money lost in healthcare frauds. Companies investing heavily in developing automated biometric systems with improved accuracy and response time may gain greater benefits in the near future. Introduction of new products with reduced cost and showcasing advantages and advanced capabilities of biometric security solutions at various conferences, laboratories, trade shows, web casting and electronic newsletters is further boosting the growth of new market competitors.

Moreover, factors such as reduction in healthcare frauds, secured patient privacy and medical records, reduction in fake insurance claims and in identification and reimbursement processing, cost containment of the biometric devices and introduction of cheaper products with better accuracy will result in rapid adoption of biometrics security solutions in healthcare sector in the emerging markets. Use of multimodal biometric system, which combines different types of biometric methods, such as combining facial and iris recognition is currently rapidly progressing trend. Biometrics is a promising and a fast growing segment in the field of next generation personal authentication and security systems and is changing the perception and look of healthcare industry.

Geographically, North America dominates the global healthcare biometrics market owing to   extensive implementation of healthcare fraud controlling systems and enforcement of legislations such as HIPAA (Health Insurance Portability and Accountability Act) in the U.S. Furthermore, majority of the market leaders are domiciled in the U.S. and are aggressively involved in technological advances, eventually introducing new biometric devices and products in the global market. Well established market players are also increasingly pushing their cost effective products in emerging markets coupled with showcasing their cost and safety related advantages thereby increasing their adoption in such regions. Growing acceptance of biometrics in major medical fields and its verified efficiency in hospitals, clinical laboratories, research labs and other healthcare facilities drives the market for healthcare biometrics in North America.

global-healthcare-biometrics-market-revenues-by-technology-2012
 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research