Healthcare Biometrics Market to Reach USD 41 Billion by 2030, Driven by Rising Demand for Secure, Contactless Patient Authentication

Healthcare Biometrics Market to Reach USD 41 Billion by 2030, Driven by Rising Demand for Secure, Contactless Patient Authentication

 

According to Next Move Strategy Consulting, the global Healthcare Biometrics Market is set to experience rapid growth, projected to reach USD 41 billion by 2030. With a remarkable compound annual growth rate (CAGR) of 21% from 2024 to 2030, the market is driven by the increasing need for secure, efficient patient identification and authentication systems across healthcare institutions worldwide.

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What is Healthcare Biometrics?

Healthcare biometrics refers to the application of biometric technologies—such as fingerprint scanning, facial recognition, iris scans, and voice patterns—to identify, authenticate, and track individuals within healthcare settings. This technology enhances patient safety, improves healthcare delivery, and reduces fraud by ensuring secure access to patient data and medical records. With the growing need for streamlined and accurate identification, healthcare biometrics is becoming an integral part of the healthcare sector, spanning across hospitals, clinics, health insurance, pharmaceuticals, and government services.

Key Drivers of Market Growth

  1. Implementation of Biometric Health Cards: One of the major drivers of market growth is the integration of biometric technology into health cards, which helps streamline patient identification, reduce fraud, and improve access to healthcare services. For example, in August 2022, the French Parliament approved a project to implement biometric health cards linked to individuals' bank accounts, enhancing the accuracy of patient identification.
  2. Post-Pandemic Shift Toward Contactless Authentication: The COVID-19 pandemic accelerated the adoption of contactless authentication methods, such as facial recognition and touchless fingerprinting, due to hygiene concerns. This has led to the rise of Zero User Interface (UI) technology, which integrates speech, hand gestures, eye tracking, and contactless biometric recognition for a more hygienic, user-friendly experience in healthcare settings.
  3. Technological Advancements: Innovations such as multimodal biometric authentication, which combines multiple biometric methods for heightened security and convenience, are expected to create significant growth opportunities in the healthcare biometrics market. For instance, in December 2022, Thales introduced a multimodal biometric solution to enhance border and travel security, which has potential applications in healthcare as well.
  4. Growing Demand for Data Security: With increasing concerns around medical identity fraud and the need to protect sensitive patient data, healthcare biometrics provides a secure solution for patient authentication and data access. This demand for enhanced security is driving the adoption of biometric systems across healthcare institutions.

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Market Segmentation

The healthcare biometrics market is segmented by:

  • Technology:
    • Single-Factor Authentication: Includes fingerprint recognition, face recognition, iris recognition, and more.
    • Multifactor Authentication: Involves solutions like smart cards with biometrics and biometrics combined with PIN.
    • Multimodal Authentication: Integrates two or more biometric methods, such as facial recognition and fingerprint scanning, for added security.
  • Application:
    • Medical record and data center security
    • Patient identification and tracking
    • Care provider authentication
    • Home/remote patient monitoring
    • Others
  • End Users: Hospitals, clinics, clinical laboratories, and healthcare institutions.

Geographical Insights

  • North America: North America holds the largest share of the healthcare biometrics market and is expected to maintain this dominance through 2030. The region benefits from advanced healthcare infrastructure and the widespread adoption of biometric authentication by healthcare providers. For example, in July 2023, BIO-key International partnered with Paulding County Hospital to implement a cloud-based identity platform to improve healthcare service security and efficiency.
  • Asia-Pacific: The Asia-Pacific region is expected to show steady growth, driven by technological advancements and growing healthcare demands. Companies like Mitsubishi Electric Corporation and ZKTeco are driving innovations such as facial recognition and voice print scanning, enhancing patient care and data security. For example, in January 2022, Mitsubishi Electric introduced HealthCam in Japan, a facial recognition technology for health monitoring that tracks various health indicators, further contributing to the growth of the market.

Competitive Landscape

The healthcare biometrics market features key players such as Thales Group, BioIntelliSense, Imprivata Inc., LifeQ Inc., 3M Cogent Inc., Suprema Inc., and Bio-Key International. These companies are adopting strategies like product launches, acquisitions, and strategic partnerships to expand their market presence and enhance their biometric offerings.

For instance, in October 2022, BioIntelliSense acquired AlertWatch, an FDA-cleared patient monitoring solution, to provide more integrated and intuitive patient monitoring systems. Additionally, Imprivata, Inc. partnered with Aware, Inc. and IDEMIA in May 2021 to launch a mobile facial recognition solution for simplifying electronic prescriptions in compliance with U.S. regulations.

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