Rising Demand for Secured Healthcare Premises Drive Global Healthcare Biometrics Market despite of Weakened Global Economy The global healthcare biometrics market is likely to exhibit a highly positive CAGR of 25.90% within the forecast period of 2013 to 2019. Its value was recorded at US$1.2 bn in 2012 and is expected to reach US$5.8 bn by the end of 2019. This data is published in a research report released by Transparency Market Research, titled “Healthcare Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.� The report shines ample light on the factors that are responsible for shaping this market for the given forecast period.
According to the report, the global healthcare biometrics market is primarily driven by the increasing requirements for data and location protection. A growing count of theft has left the healthcare industry resorting to a high rate of implementation of the products and services offered by the global healthcare biometrics market. The healthcare industry is a data-sensitive one, especially in the field of insurance and similar services. Therefore, many companies are pushing for a higher usage of biometric systems in order to protect their property. The report explains the advantages that healthcare biometrics can provide, including the ability to verify the identities of medical staff as well as patients before accessing any private data. This can be done with high accuracy and with the least amount of invasion possible. The whole process can help reduce the rate of data loss, fraud, and wastage of resources while ensuring that medical procedures are not interrupted. This can significantly improve the safety, privacy, and quality of a healthcare organization or hospital. Other factors driving the global healthcare biometrics market include the low cost of installation and implementation, along with the low amount of maintenance required to ensure the functionality of biometric systems. This adds greatly to the appeal of the global healthcare biometrics market when compared to the massive losses incurred in the event of data loss or data theft. Browse Full Research Report on Healthcare Biometrics Market: http://www.transparencymarketresearch.com/healthcare-biometrics-market.html The global healthcare biometrics market is currently restrained by the time it might take to gain security clearance, depending on the type of technology used. Older iterations of biometric services may be used in developing economies, which can increase the time taken to access data.
This restraint can easily be nullified by the use of modern scanners such as face and iris recognition. The global healthcare biometrics market was led by North America in 2012. North America and Europe collectively held more than 75.0% of the market the same year. The report predicts that North America will continue dominating the global healthcare biometrics market in the given forecast period, while the Asia Pacific region is showing a rapid rate of growth owing to a burgeoning healthcare industry. The key players in the global healthcare biometrics market are ZKTeco, Inc., Fujitsu Ltd., 3M Cogent, Inc., NEC Corporation, Cross Match Technologies, Inc., Aware, Inc., Siemens AG, Suprema, Inc., DigitalPersona, Inc., Lumidigm, Inc., M2SYS LLC, BIO-key International, Inc., and SAFRAN SA.
Browse Full Press Release on Healthcare Biometrics Market: Press Release
About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com