According to a new report, published by KBV research, The Global Healthcare Biometrics Market size is expected to reach $14.5 billion by 2028, rising at a market growth of 17.0% CAGR during the forecast period.
The Voice Recognition segment is showcasing a CAGR of 17.4% during (2022 - 2028). Applications for voice biometrics in healthcare include patient identification, access to medical data, processing insurance claims, and more. Due to its excellent accuracy and simplicity of use, voice biometrics is the ideal method for the healthcare sector to address these issues. In addition, voice biometrics may help reduce mistakes in the healthcare sector.
The Hospitals segment acquired maximum revenue share in the Global Healthcare Biometrics Market by End User in 2021 thereby, achieving a market value of $8 billion by 2028. In order to reduce the massive crowds that often visit this setup while accompanying the patients, hospitals deploy innovative technology extensively. Furthermore, the biometric healthcare system aids in verifying people's access by letting only qualified persons onto the main premises of hospitals since it is exceedingly difficult for medical personnel to function when there is too much confusion.
The Home/Remote Patient Monitoring segment has shown the growth rate of 18.2% during (2022 - 2028). Via remote monitoring services, biometric technology is crucial to provide patients with high-quality treatment. In addition, healthcare providers may more effectively manage concerns with resources, time, and the pace of services when using remote care programs that leverage distinctive biometric traits. This gadget makes things simple and convenient by taking remote measurements of weight, pulse, and blood pressure. Also, it enables patients to access fast, safe, professional treatment.
The North America market dominated the Global Healthcare Biometrics Market by Region in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.1 billion by 2028. The Europe market is exhibiting a CAGR of 16.3% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 18% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/healthcare-biometrics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Fujitsu Limited, Genkey Solutions B.V, BIO-key International, Inc., Nuance Communications, Inc. (Microsoft Corporation), HID Global Corporation (Assa Abloy AB), NEC Corporation, Imprivata, Inc. (Thoma Bravo, LLC), Integrated biometrics, Inc., IDEMIA SAS (Advent International, Inc.), and Suprema, Inc.
By Technology
By End User
By Application
By Geography
Companies Profiled
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