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The analysts forecast the Global Biometrics market in the Healthcare industry to grow at a CAGR of 31.95 percent over the period 2013-2018. One of the key factors contributing to this market growth is the high adoption of biometrics by hospital managements. The Global Biometrics market in the Healthcare industry has also been witnessing the rapid technological advancement. However, the strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market. The report, the Global Biometrics Market in the Healthcare Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Biometrics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. One of the most prominent trends witnessed in the market is the increasing number of mergers and acquisitions. The Global Biometrics market in the Healthcare industry is witnessing increasing consolidation, which is expected to continue in the future. Both existing vendors and new entrants prefer the acquisitive route to either enter the market or broaden their portfolio of offerings.
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For instance, Safran completed the acquisition of biometric solution provider L-1 Identity Solutions in the second quarter of 2011 for US$1 billion. The acquisition helped Safran become a leading player in the Global Biometrics market. 3M completed the acquisition of Cogent Inc. in December 2010 for US$943 million. Cogent manufactures biometric recognition systems that allow governments and businesses to identify individuals by their fingers, palms, faces, and irises. According to the report, there are many drivers contributing to the Global Biometrics market in the Healthcare industry, the most important of which is the high adoption of biometrics by hospital management. Lately, there has been a substantial increase in the adoption of biometrics by hospitals. They are increasingly adopting biometrics to keep track of doctors' activities and to secure patient records.
Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Description 07. Market Landscape 08. Market Segmentation by Technology 09. Geographical Segmentation 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Trends and their Impact 17. Vendor Landscape 18. Key Vendor Analysis 19. Other Reports in this Series
Companies Mentioned:
- 3M Cogent Inc.
- Aware Inc.
- Bio-Key International Inc.
- Biometix Pty Ltd.
- Cross Match Technologies Inc.
- DigitalPersona Inc.
- Fujitsu Ltd.
- Lumidigm
- M2SYS LLC
- NEC Corp.
- Safran SA
- Siemens AG
- Suprema Inc.
- ZKTeco Inc.
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
