biometric as a service in healthcare market size, biometric as a service in healthcare market share, biometric as a service in healthcare market growth, biometric as a service in healthcare market forecast, biometric as a service in healthcare market analysis, biometric as a service in healthcare industry
At what pace is the biometric as a service in healthcare market growing, and what is its estimated value?
The biometric as a service in healthcare market size has grown exponentially in recent years. It will grow from $1.30 billion in 2024 to $1.61 billion in 2025 at a compound annual growth rate (CAGR) of 23.26%. The growth in the historic period can be attributed to rising demand for secure patient data management, rising healthcare infrastructure investment, rising wearable biometric devices for healthcare monitoring, growth in digital health solutions and mobile health apps, and growing preference for personalized healthcare experiences.
The biometric as a service in healthcare market size is expected to see exponential growth in the next few years. It will grow to $3.66 billion in 2029 at a compound annual growth rate (CAGR) of 22.89%. The growth in the forecast period can be attributed to increasing digital transformation in healthcare, growing adoption of wearables, high incidence of identity theft, rising prevalence of chronic diseases, and focus on preventing prescription fraud. Major trends in the forecast period include the integration of artificial intelligence (AI) in biometric systems, next-generation iris scanning, integration with blockchain for biometric authentication, next-gen biometric cloud solutions, and touchless biometric solutions for healthcare.
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What are the top drivers to the rising demand in the biometric as a service in healthcare market?
The increasing usage of mobile devices is expected to propel the growth of the biometric as a service in the healthcare market. Mobile devices are portable electronic devices, such as smartphones, tablets, and smartwatches, designed for wireless communication, internet access, and various applications. The increasing usage of mobile devices is attributed to advancements in wireless technology, affordable smartphones, better internet access, and the rise of mobile-based applications in healthcare. Mobile devices enable Biometric as a Service (BaaS) in healthcare, enhancing mobile devices by enabling secure, real-time access to sensitive health data and patient records through advanced biometric authentication, ensuring both convenience and compliance with healthcare regulations. For instance, according to the Mobility Report of Ericsson, a Sweden-based telecommunications company, in 2023, the number of global smartphone subscriptions was 6,930 million units, and it rose to 7,160 million units in 2024. Therefore, the increasing usage of mobile devices is driving the growth of biometric as a service in the healthcare market.
How is the biometric as a service in healthcare market segmented?
The biometric as a service in healthcare market covered in this report is segmented –
1) By Modility: Unimodal, Multimodal
2) By Component: Software, Services
3) By Scanner Type: Fingerprint Recognition, Iris Recognition, Palm Recognition, Facial Recognition, Voice Recognition, Other Scanner Types
4) By Application: Pharmacy Dispensing, Care Provider Authentication, Medical Record Security And Data Centre Security, Patient Identification And Tracking, Home Or Remote Patient Access, Narcotic Security, Counter Insurance Frauds, Other Applications
5) By End Use: Hospitals, Long Term Care Centers, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Unimodal: Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Hand Geometry Recognition
2) By Multimodal: Fingerprint And Facial Recognition, Fingerprint And Iris Recognition, Facial And Voice Recognition, Multi-Factor Biometric Systems
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Who are the top competitors in the biometric as a service in healthcare market?
Major companies operating in the biometric as a service in healthcare market are Hitachi Ltd., Qualcomm Technologies Inc., Fujitsu Limited, IDEMIA Group, NICE Ltd., HID Global Corporation, Imprivata Inc., NEC Corporation, Cognitec Systems GmbH, Aware Inc., Aratek Biometric Technology Co. Ltd., Integrated Biometrics LLC, IRITECH Inc., Thales Group, Suprema Inc., Innovatrics s.r.o., BIO-key International Inc., Cenmetrix (Pvt) Ltd., ImageWare Systems Inc., Idex Biometrics ASA, SecuGen Corporation
What significant trends should we anticipate in the biometric as a service in healthcare market over the forecast period?
Major companies operating in the biometric as a service in healthcare market are focused on introducing innovative solutions such as facial recognition solutions to enhance patient identification, streamline access control, and improve security in healthcare facilities. Facial recognition solutions refer to technology systems that identify or verify individuals by analyzing and comparing facial features from images or video footage, often used for security, authentication, or surveillance purposes. For instance, in February 2024, Imprivata Inc., a US-based software company, launched Imprivata Biometric Patient Identity, a pioneering solution utilizing facial recognition technology. This solution leverages cutting-edge biometric technologies, such as facial and fingerprint recognition, to ensure accurate patient identification across care settings. It integrates seamlessly with existing Electronic Health Records (EHR) systems, enabling real-time authentication while maintaining strict compliance with healthcare privacy regulations like HIPAA.
Which regional trends are influencing the biometric as a service in healthcare market, and which area dominates the industry?
North America was the largest region in the biometric as a service in healthcare market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biometric as a service in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Biometric As A Service In Healthcare Market Report 2025 Offer?
The biometric as a service in healthcare market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Biometric as a Service (BaaS) in healthcare refers to the delivery of biometric authentication and monitoring services via the cloud, enabling healthcare providers to access, store, and analyze patient biometric data securely. It is used for patient identification, remote monitoring, and access control, enhancing security and improving patient care by enabling accurate, real-time health data collection, such as heart rate, blood pressure, and other vital signs, while ensuring compliance with healthcare regulations like HIPAA.
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