Application of biometric systems to healthcare facilities and participants has witnessed a rise over the last decade. Unprecedented progress in digitalization, centralization of health databases, and automation of healthcare services along with the introduction of telehealth solutions have collectively led to the growth of the healthcare biometrics market.
For instance, with centralization of healthcare systems (EHRs), databases of confidential patient information may be accessible to a large group of individuals, thereby increasing the risk of security lapses and frauds. Hence the incorporation of a biometric platform, which facilitates personnel identification and authorized access to documents, is the need of the hour.
The key shortcomings overcome by these systems include:
Owing to the aforementioned benefits, healthcare participants are welcoming the incorporation of these systems in their settings, which promise to provide a potential market of about USD 1.7 billion as of 2015.
However, even with the aforementioned benefits, the biometric systems are anticipated to witness challenges such as:
Also, certain key determinants must be considered by consumers to facilitate seamless and cost efficient integration of biometric platforms with the existing systems and are inclusive of the following:
From the end-use perspective, hospitals, clinics, and pathological laboratories are expected to be the dominant users over the forecast period. During the course of the study, fingerprint recognition systems were identified to be the most prominently used technology as of 2015, but this is anticipated to soon be replaced by multi factor and multi modal systems.
A clear plan of action and a comparative analysis of the existing systems are expected to facilitate the identification of a suitable system aptly suited to fulfill consumer needs, which would enable system workflow efficiency; thus, ultimately outshining the challenges and serving as an excellent investment for healthcare providers.
In-depth report on global healthcare biometrics market by Grand View Research: