Overview


According to FutureWise analysis the market for medical biometrics in 2023 is US$ 6.12 billion, and is expected to reach US$ 22.4 billion by 2031 at a CAGR of 17.62%.

The increasing government support owing to increase in healthcare fraud and cyber-attacks are driving the growth of the market. The growing need to secure healthcare information is elevating the market as well. Government initiatives supporting healthcare and healthcare infrastructure in developing countries is fueling the growth of the market. The rising scope of contactless biometrics is also positively influencing the market.

The market is bifurcated into by type, technology, end-user, geography. Based on type the market consists of contact biometric and non-contact biometric. Contact biometric is currently in vast demand; however, the emergence of IoT will expand non-contact biometric. Based on technology, the market consists of single-factor authentication and multi-factor authentication. Single-factor is expected to dominate the growth of the market. Growing adoption of iris and face recognition is driving the demand for single-factor authentication, thus expanding the market. Fingerprint recognition is the most deployed single-factor authentication. Single-factor authentication is cost-effective and easy to install. Iris and vein recognition are secured biometric technology owing to uniqueness of identity. The combination of iris and facial recognition is expected to create a progressing trend. Such biometric technology eliminates the stigma related to single-factor authentication.

Based on end-user, healthcare institutes are expected to witness significant growth. The increasing digitalization and increasing data collection have led to a rise in data theft. It also gave birth to healthcare frauds and fake insurance claims. In order to overcome this, healthcare institutes have deployed biometric solutions, as a result of boosting the market.

In terms of region, North America is the global leader of the market. The extensive norms to curb healthcare fraud is accelerating the market in the region. Enforcement of acts such as HIPPA (Health Insurance Portability and Accountability) in the US is boosting the presence of the market. Countries like the US and Canada are aggressively investing in technological advancements which have elevated the market. Rising acceptance of biometrics in major medical fields, research labs, and clinics is stimulating the market in the region. Asia-Pacific region is expected to show significant growth owing to increasing healthcare infrastructure and the expansion of healthcare IT. Increasing government support and deployment of IoT applications is also driving the growth of the market in the region. Latest governments and schemes are also expanding the market in the region. The Indian government launched a healthcare program called National Health Assurance Mission in India, a database facility which caters the citizens of the country with healthcare services at affordable prices.

  • Integrated Biometrics
  • Fujitsu
  • 3M
  • Imprivata, Inc.
  • BIO-key International
  • Agbitio
  • Qualcomm Technologies, Inc
  • NEC Corporation
  • MorphoTrust
  • Suprema
  • Hitachi Ltd.
  • Genkey Solutions B.V.
  • Nuance Communications, Inc.

(Note: The list of the major players will be updated with the latest market scenario and trends)

By Type

  • Contact biometric
  • Non-contact biometric

By Technology

  • Single-factor authentication
    • Iris Recognition
    • Face Recognition
    • Signature Recognition
    • Hand Recognition
    • Voice Recognition
    • Fingerprint Recognition
    • Others
  • Multi-factor authentication
    • Biometric Card
    • Password
    • Others

By End-User

  • Hospitals
  • Clinics
  • Healthcare Institutes
  • Research Laboratories

By Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • The upcoming trend observed in the market is the recognition systems based on DNA and integrated biometric systems.
  • Collaborations and joint ventures amongst prominent players are expected over the coming years.
  • To provide with an exhaustive analysis on the global Medical Biometrics Market By Type, By Technology, By End-users, and By Region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the rest of the world
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions and profiling of companies to evaluate their market shares, strategies, financial and core competencies
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
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Table of Contents


  • 1.  Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders

  • 2.  Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study

  • 3.  Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights

  • 4.  Medical Biometrics Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.  Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Medical Biometrics Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework

  • 6.  Medical Biometrics Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies

  • 7.  Medical Biometrics Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Contact biometric
        2. Non-contact biometric

  • 8.  Medical Biometrics Market, By Technology Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Single-factor authentication
         1.1. Iris Recognition
         1.2. Face Recognition
         1.3. Signature Recognition
         1.4. Hand Recognition
         1.5. Voice Recognition
         1.6. Fingerprint Recognition
         1.7. Others
        2. Multi-factor authentication
         2.1. Biometric Card
         2.2. Password
         2.3. Others

  • 9.  Medical Biometrics Market, By End-User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Clinics
        3. Healthcare Institutes
        4. Research Laboratories

  • 10.  North America Medical Biometrics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.  Latin America Medical Biometrics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.  Europe Medical Biometrics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 13.  Asia Pacific Medical Biometrics Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.  Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.  Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix

  • 16.  Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Integrated Biometrics
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Fujitsu
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. 3M
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Imprivata, Inc.
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. BIO-key International
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Agbitio
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Qualcomm Technologies, Inc
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. NEC Corporation
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. MorphoTrust
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Suprema
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Hitachi Ltd.
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Genkey Solutions B.V.
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13. Nuance Communications, Inc.
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview

  • 17.  Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated
      by administrations
        5. The overall economic slowdown of the developing and developed nations

  • 18.  FutureWise SME Key Takeaway Points for Client
    •   

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