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Published Mon, Oct 12th 2015

Rising Demand for Secured Healthcare Premises Drive Global Healthcare Biometrics Market despite of Weakened Global Economy

A new market report published by Transparency Market Research is Healthcare Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Biometric authentication systems include a set of devices that analyze global healthcare biometrics market of users by capturing the most unique features related to the person’s physical traits and using them for authenticating the identity of the person. A variety of human features such as fingerprints, iris, voice, face, hands, and signature help in revealing a number of potential attributes that can be used for biometric authentication. The use of biometrics system that identifies an authorized person with the help of aforementioned physical attributes along with systems for logical or physical authentication are commonly used to allow or prohibit access to healthcare facilities. The use of these systems has helped in making healthcare infrastructure more secure around the world.
 
Healthcare Biometric Systems: an Overview
 
The key components of a typical biometric identification system comprises a reader or a scanning device, a software program to convert the scanned data into digital form, and a database for storing the biometric data and for comparing entries with pre-fed biometric data.The healthcare industry is increasingly shifting its focus on the implementation of biometric security solutions so as to safeguard patient identification and electronic health records.

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Global Healthcare Biometric Systems Market to Exhibit 25.90% CAGR
 
A recent market research report published by Transparency Market Research states that the global market for healthcare biometrics had a valuation of US$1.2 bn in 2012. Even with the currently struggling economies of some of the most flourishing and digitally advanced regional healthcare markets in Europe and Asia, healthcare organizations have not reduced their efforts in making healthcare facilities safer. The global market for healthcare biometrics is projected to expand at an extremely high 25.90% CAGR between 2013 and 2019, rising to US$5.8 bn by 2019.
 
One of the key factors corroborating the high growth prospects of the global healthcare biometrics market is high ergonomic factor of biometric systems: they have low base cost, require little maintenance, require very few additional networking or other hardware devices and secure a premise reliably. Demand for more accurate and innovative biometric systems is also very high in the healthcare industry. The market therefore, presents huge growth opportunities for businesses investing in the development of biometric systems with improved response time, accuracy, and an integration of multiple biometric authentication capabilities in a single system.
 
On a geographic level, the global healthcare biometrics market is dominated by the North American regional market owing to the implementation of strict regulatory reforms such as the Health Insurance Portability and Accountability Act (HIPPA) and healthcare fraud control systems in the region.
 
Browse Full Global Healthcare Biometrics Market Report With Complete TOC @ http://www.transparencymarketresearch.com/healthcare-biometrics-market.html

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

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