Biometrics As a Service in Healthcare Market Size Worth $2.44 Billion By 2032 | CAGR: 20.9%

The global biometrics as a service in healthcare market size is expected to reach USD 2.44 billion by 2032, according to a new study by Polaris Market Research. The report “Biometrics As a Service in Healthcare Market Share, Size, Trends, Industry Analysis Report, By Type (Unimodal, Multimodal); By Component (Software, Service); By Recognition Type; By Application, By End-User; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising adoption of biometrics as a service in healthcare is linked with the riding adoption of biometrics for patient recognition and prevention of fraudulent activity by monitoring the patient data in real-time by ensuring seamless check-in and check-out process not only for patients but also for healthcare staff. It provides a personalized experience to the patients through patient identification, verification, and monitoring. Significant advancements in biometric technology have brought in a new age of increased accuracy and user-friendliness, including discoveries like palm vein scanning, iris recognition, and facial recognition. These developments, which are distinguished by their accuracy and simplicity of use, have been crucial in accelerating the use of biometrics in the healthcare industry.

For instance, in March 2024, New products from HID Global and Imprivata use biometrics to prevent duplicate accounts, identify patients, and protect and optimize healthcare systems. The self-service patient engagement and facial recognition kiosk will streamline and secure healthcare operations related to patient data.

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In recent years, there has been rising adoption of advanced technology-infused biometrics applications in healthcare owing to enhanced patient safety and secured sensitive patient data. Biometrics have enabled smart hospital systems to provide smart room assignments, patient identification, and access control. As rising biometric and artificial intelligence (AI) integrations will result in more sophisticated and individualized healthcare solutions. Healthcare practitioners may give patients with more individualized, data-driven treatment by fusing biometrics' precise identification with AI's insights and forecasts.

Biometrics As a Service in Healthcare Market Report Highlights

• Multimodal segment accounted for the maximum share due to its ability to combine several biometric authentication techniques, such as voice, facial, and iris recognition.
• The software segment held a significant revenue share, which is mainly driven by innovative solutions that focus on patient data protection and precise identification.
• The Fingerprint recognition segment dominated the market to ensure patient privacy, data security, and compliance owing to scalability and affordability.
• The hospitals and clinics segment dominated the market due to secured access to and control over sensitive patient data in the healthcare ecosystem.
• North America led the industry and accounted for a majority of market revenue share owing to the rapid adoption and integration of advanced technology in biometrics.
• The global key market players include Fujitsu Limited, Hitachi, Ltd., Idex Biometrics ASA, Suprema Inc., Thales Group, Voice Biometrics Group, Aratek International.

Polaris Market Research has segmented the Biometrics As a Service in Healthcare market report based on type, component, recognition type, application, end-user, and region:

Biometrics As a Service in Healthcare, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Unimodal
• Multimodal

Biometrics As a Service in Healthcare, Component Outlook (Revenue - USD Billion, 2019 - 2032)

• Software
• Services

Biometrics As a Service in Healthcare, Recognition Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Fingerprint Recognition
• Iris Recognition
• Palm Recognition
• Facial Recognition
• Voice Recognition
• Others

Biometrics As a Service in Healthcare, Application (Revenue - USD Billion, 2019 - 2032)

• Patient Identification & Tracking
• Medical Record Security & Data Centre Security
• Care Provider Authentication
• Pharmacy Dispensing
• Others

Biometrics As a Service in Healthcare, End-User (Revenue - USD Billion, 2019 - 2032)

• Hospitals & Clinics
• Long term care centers and home care settings
• Ambulatory Surgical Centers
• Others

Biometrics As a Service in Healthcare, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Australia
• Malaysia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Biometrics As a Service in Healthcare Market Report Scope