According to a market report by Lucintel, the future of the healthcare biometric market looks promising with opportunities in hospitals & clinics, healthcare institutions, and research & clinical laboratories. The healthcare biometric market is expected to grow with a CAGR of 19% from 2019 to 2024. The major drivers for this market are implementation of government initiatives supporting the adoption of biometrics in healthcare, growing incidences of healthcare data breaches and medical identity theft, and rising healthcare IT application combined with increasing awareness and demand for cyber security.
Within the healthcare biometric market, single factor authentication and multi-factor authentication are the major technology segments. Single factor authentication is the largest technology segment of the healthcare biometric market.
In this market, contact biometrics and non-contact biometrics are the major product segments. Contact biometric is the largest product segment of the healthcare biometric market.
Patient identification & tracking, medical record security & data center security, care provider authentication, home/remote patient monitoring, and pharmacy dispensing are the major application segments of the healthcare biometric market.
North America will remain the largest region over the forecast period due to increasing government initiatives to ensure data protection and the security of healthcare facilities and presence of large number of prominent players in the region..
Fujitsu Limited, 3M Cogent, NEC Corporation, Morpho, Lumidigm, Imprivata, Suprema, Bio-Key International, Crossmatch Technologies, and ZKTeco are among the major players in the healthcare biometric market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the healthcare biometric market by product type, technology, end use industry, application, and region. Lucintel has prepared a comprehensive research report titled " Healthcare Biometric Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the healthcare biometric market by product type, technology, end use industry, application, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
• Single Factor Authentication
• Multi-Factor Authentication
By Product Type [$M shipment analysis for 2013 – 2024]:
• Contact Biometrics
• Non-Contact Biometrics
By Application [$M shipment analysis for 2013 – 2024]:
• Patient Identification and Tracking
• Medical Record Security & Data Center Security
• Care Provider Authentication
• Home/Remote Patient Monitoring
• Pharmacy Dispensing
• Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Hospitals
• Clinics
• Healthcare Institutes
• Research Laboratories
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o India
• Rest of the World (ROW)
o Brazil

This report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the healthcare biometric market by technology (single factor authentication and multi factor authentication), product type (contact biometric and non-contact biometric),
application (patient identification & tracking, medical record security & data center security, care provider authentication, home/remote patient monitoring, pharmacy dispensing, and others), end use industry (hospitals, clinics, healthcare institutes, and research laboratories), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the healthcare biometric market?
Q.5 What are the business risks and threats to the healthcare biometric market?
Q.6 What are emerging trends in the healthcare biometric market and the reasons behind them?
Q.7 What are some changing demands of customers in the healthcare biometric market?
Q.8 What are the new developments in the healthcare biometric market? Which companies are leading these developments?
Q.9 Who are the major players in this healthcare biometric market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the healthcare biometric market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the healthcare biometric market?