According to a new report, published by KBV research, The Global IRIS Scanner Market size is expected to reach $6.4 billion by 2030, rising at a market growth of 10.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,982.0 thousand units, experiencing a growth of 10.0% (2019-2022).
The Hardware segment is leading the Global IRIS Scanner Market by Component in 2022; thereby, achieving a market value of $5.2 billion by 2030. Iris imaging cameras often use near-infrared (NIR) light sources to illuminate the iris. This system provides lighting conditions to capture the iris patterns, even in low-light environments. This primary hardware component captures high-resolution images of an individual's iris. The camera uses specialized optics and sensors to capture precise and accurate images. Infrared illuminators are responsible for emitting near-infrared light onto the iris.
The Healthcare segment is experiencing a CAGR of 10.7% during (2023 - 2030). Iris recognition is used to secure access to EHRs, making it difficult for unauthorized individuals to access sensitive patient information. Healthcare providers and professionals can use iris scanners for secure logins to EHR systems. Iris scanners are employed to verify the identity of patients when medications are prescribed or administered, reducing the risk of medication errors, and ensuring that the correct medications are given to the right patients.
The North America region dominated the Global IRIS Scanner Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.1 billion by 2030. The Europe region is anticipated to grow at a CAGR of 10.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 11.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/iris-scanner-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 Dermalog Identification Systems GmbH, M2SYS Technology, ams-OSRAM AG. eyeLock LLC (VOXX International Corporation), Princeton Identity, Inc., CMITech Co, Ltd., HID Global Corporation (Assa Abloy AB), Thales Group S.A., Iris ID, Inc. and IrisGuard Ltd.
By Component
By Industry (Volume, Thousand Units, USD Million/Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Million/Billion, 2019-2030)
Companies Profiled
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