Global Growth of Biometric Usage in the Healthcare Industry

Biometrics is the technology of identification on the basis of the biological pattern for information security. It has worldwide use for identification and securing information using fingerprints, finger veins, irises, and facial recognition. Just like every other industry, biometric identification is now being used in healthcare to prevent medical identity fraud and financial losses.

The evolution of biometrics-as-a-service in healthcare

The use of biometrics started in healthcare with unimodal on-premise biometric systems, which was later replaced with a multimodal identification system in some cases to maximize identification accuracy. Now, hospitals have started favoring biometric-as-a-service over on-premise deployments to reduce maintenance cost and dependency on development resources.

Segmentation of Biometrics-as-a-Service in Healthcare Market

According to the modality, application, authentication, deployment model, and mode of the user interface the global market of biometrics-as-a-service has been segmented. Numerous competitive analysis of the market shows the below findings and forecasts on the basis of the mentioned notable segmentation:

  1. On the basis of modality used for biometrics in healthcare, the global market has been segmented into unimodal and multimodal. The unimodal biometrics dominated in 2018 having the 64.10% market shares and is expected to reach around $4,000 million by 2025 with the growth rate of 21.80%.
  2. According to the application, the market has been segmented into patient identification and treatment history, remote patient access, insurance facilities, medical record security, data center security, and so on. Medical record security and data center security dominated the global healthcare market in 2018 capturing 23.20% shares and expected to reach around $1,800 million by the forecasted period of 2026 with the growth rate of 24.70%

Published by Zubayer Rezoan


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