Healthcare Biometrics Market to Surpass USD 2.8 Bn by 2021, Predicts M&M in Its Report Published at MarketPublishers.com08 Jun 2016 • by Natalie Aster
LONDON – A value of the global healthcare biometrics marketplace surpassed the USD 1.18 billion mark by 2016. This market is set to demonstrate substantial growth in the near term to be worth approximately USD 2.85 billion by 2021, growing at a 19.2 percent CAGR over the forecast period.
Government initiatives aimed at supporting implementation of biometrics in facilities in the field of healthcare and growth seen in medical identity theft and healthcare fraud will be major reasons for such rapid growth.
A high cost of biometric devices and problems relation to utilization of such technologies make up key obstacles of the growth.
North America is a renowned leader in this space – the region owned the largest share in the world’s market in 2016. It is also set to show the swiftest growth in the upcoming years.
Presence of large market players and initiatives government takes to protect and secure healthcare facilities are the major factors spurring growth of the marketplace in North America.
In-demand research report “Healthcare Biometrics Market by Technology, Application, End User - Global Forecast to 2021” prepared by M&M is a comprehensive guide to the world’s market for healthcare biometrics. The study contains a bird’s eye view of this swiftly growing marketplace. It casts light on segments the marketplace has and insightfully describes factors that drive change.
The report explores opportunities the market has and outlines emerging trends and innovations. The research study focuses on the regulatory scenario and delves deep into technologies market players use. It concentrates on application fields and covers end-users.
The research report analyzes regional marketplaces and looks at major countries. The study throws light on the competitive environment and includes profiles of such players as ZKTeco, SUPREMA, Morpho, Fujitsu Limited, to name a few. Future outlook through 2021 is contained in the report, as well.
- all-round overview of this lucrative marketplace;
- coverage of its dynamics;
- investigation of the competitive landscape;
- analysis of market segments;
- historical data as well as projected values;
- company profiles;
- and more.
More studies by M&M are available at the publisher’s page.