North America the leading market for fingerprint identification in healthcare

August 13, 2015 - 

Transparency Market Research has published a new report entitled, “Fingerprint Identification In Healthcare Market – Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2015 – 2023”.

This report offers a complete analysis of the global fingerprint identification technologies in healthcare market from 2015-2023, providing current market trends, industry growth drivers, challenges, and market projections for the coming years.

Additionally, the report provides a full analysis of recent developments in fingerprint identification technology, Porter’s five force model analysis and detailed profiles of top industry players.

In terms of geographical markets, the report finds that North America is the leading market for fingerprint identification in healthcare, followed by Europe.

The implementation of HIPAA (Health Insurance Portability and Accountability Act) in the U.S. has played a key factor in helping to drive market growth in the North American region, according to the report.

The market will also experience a surge in Asia-Pacific regions as a result of rising governmental initiatives for controlling fraud and providing safety in their respective countries, said the report.

Meanwhile, increasing adoption in private sectors will also play a contributing role in driving the market growth.

The report highlights 3M Cogent, Inc., BIO-key International, Inc., DigitalPersona, Inc., Lumidigm, Inc. and Siemens AG as some major players actively participating in this market.

The report also provides a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Other major topics covered in the report include an analysis of various drivers and challenges to market growth, a six-year forecast on the market’s growth, key product segments and their future, competition dynamics and how to keep ahead of the competition, and other notable market insights.

Previously reported, Transparency Market Research published a 97-page report which states that the worldwide market for healthcare biometrics is largely driven by mounting security concerns of the global healthcare industry.

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About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.