Healthcare Biometrics Market Size, Share, Growth Analysis, By Technology(Face recognition, palm recognition, fingerprint recognition, iris recognition), By Application(Logical access control, transaction authentication, and physical access control), By End-user(Hospitals, clinics, healthcare institutions, research & laboratories), By Region - Industry Forecast 2024-2031

Healthcare Biometrics Market size was valued at USD 5.2 billion in 2019 and is poised to grow from USD 6.1 billion in 2023 to USD 22.03 billion by 2031, growing at a CAGR of 17.4% in the forecast period (2024-2031).

Biometrics is a technology used to assess people's distinct behavioural and physical characteristics. Healthcare biometric devices scan various human features such as the face, hand, fingerprint, and others in order to authenticate, identify, and recognise people in order to secure personal records, medical data, and patients' privacy. The key features of biometric identification systems are software for converting scanned information into a digital form, a scanning device, and also a database to store biometric data for comparison with entered biometric data. Biometrics, such as voice and facial recognition, enable a person's identification and access to restricted areas without the use of touch. In the current environment, biometrics technology in the medical field could aid in limiting viral transmission in offices, hospitals, and clinics.

According to the healthcare biometrics market overview, increased use of biometric devices in the healthcare sector, increased awareness of security measures, and growing preference for infant security in hospitals will all help to cushion market growth during the forecast period. However, the scarcity of experienced workers, consumer acceptance, and the high installation and maintenance of biometric devices are all factors that will possibly impede the market growth during the forecast period.

US Healthcare Biometrics Market is poised to grow at a sustainable CAGR for the next forecast year.