Key Factors that Drive and Impede the Growth of Healthcare Biometrics Market 2017 – 2025

According to a new report published by Reports Monitor titled, “Global Healthcare Biometrics Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Healthcare Biometrics Market is groeing rapidly from 2017 to 2025.

Healthcare Biometrics is an application used in the medical sector for monitoring the patient data. It includes the features such as access control, identification, workforce management and patient record storage. Biometric authentication systems are considered to be more accurate and reliable than traditional password system.

Increase in the number of data breaches and thefts in healthcare sector; have resulted in driving the market growth. According to the statistics provided by Identity Theft Resource Center (ITRC), in 2016 34.5% of total data breaches occurred in healthcare sector. Favorable policies adopted by government sector regarding the adoption of biometrics in healthcare sector also propel the market growth. However, high initial cost and other complexities involved may result in hampering the market growth.

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The Healthcare Biometrics market report has been categorized in three sections, the first section entitled as market overview offers a holistic view of the market, coupled with its key trends, drivers, restraints and opportunities. Our analyst implements, several qualitative tools such as SWOT analysis, Porter’s five force analysis among other to interpret and represent key industry findings. The second section provides estimated market size and forecast for key market segments and regional market. The final part includes the study of competitors operating in the market, which includes their mergers/acquisitions, new product development and their financial overview.

The global healthcare biometrics market is majorly segmented on the basis of technology and applications. Based on the technology adopted, market is bifurcated into: Face Recognition, Iris Recognition, Hand Recognition, Voice Recognition, Fingerprint Recognition, Vein Recognition, Signature Recognition, and Other Techniques. On the basis of application, market is segmented into: logical access control, physical access control and transaction authentications.

Global healthcare biometrics market is analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Immense investment in the healthcare sector coupled with the presence of prominent players majorly influences the growth in North American region. Emergence of IoT applications in healthcare sector supports the market growth in Asia Pacific.

The major players operating in the market are: NEC Corporation, Fujitsu, 3M, MorphoTrust, Imprivata Inc., Suprema, BIO-key International, Crossmatch, Hitachi Ltd., Integrated Biometrics, Genkey Solutions B.V., Agnitio, Nuance Communications Inc., and Qualcomm Technologies Inc. 

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Research Scope:
The study for Healthcare Biometrics Market will provide market size, estimates and forecast based on the following years:

Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1.Introduction
1.1 Market Definition
1.2. Market Scope

2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3.Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016 

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