Global Healthcare Biometrics For Children Market Size To Worth USD 1998.6 Million By 2033 | CAGR of 22.26%
Category: HealthcareGlobal Healthcare Biometrics For Children Market Size To Worth USD 1998.6 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Healthcare Biometrics for Children Market Size is to Grow from USD 267.9 Million in 2023 to USD 1998.6 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 22.26% during the projected period.
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Browse key industry insights spread across 235 pages with 105 Market data tables and figures & charts from the report on the "Global Healthcare Biometrics for Children Market Size, Share, and COVID-19 Impact Analysis By Technology (Fingerprint, Face, Footprint, Iris, and Others), By Application (Identification of Missing Children, Elimination of Newborn Baby Swaps, Tracking Child Vaccination Schedules & Welfare, and Others), By End User (Hospitals and Healthcare Institutions), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/healthcare-biometrics-for-children-market
Healthcare biometrics for children is the use of biometric technologies for pediatric populations in the medical field. This involves the utilization of distinctive physiological and behavioral characteristics, such as fingerprints. In usage by individuals who are authorized, biometric technology in healthcare helps patients and healthcare providers to safeguard and maintain the confidentiality of their personal information. Healthcare providers are investing in biometric technologies to improve patient safety, security, and privacy in addition to compensating for the significant financial losses driven by fraud in the healthcare market. The increasing need for children to save their vaccination certificates using biometric systems is driving the healthcare biometrics for children market. Healthcare is adopting face and fingerprint recognition technology due to its effectiveness and convenience of use, especially for child verification. However, growing the market severely restricted by the high upfront costs associated with designing and implementing healthcare biometrics for children solutions, particularly for large-scale initiatives.
The fingerprint segment is anticipated to hold the greatest share of the global healthcare biometrics for children market during the projected timeframe.
On the basis of technology, the global healthcare biometrics for children market is divided into fingerprint, face, footprint, iris, and others. Among these, the fingerprint segment is anticipated to hold the greatest share of the global healthcare biometrics for children market during the projected timeframe. The present approach involves the use of fingerprint readers that run on silicon, optical, thermal, or ultrasonic principles.
The tracking child vaccination schedules & welfare segment is anticipated to hold the largest share of the global healthcare biometrics for children market during the projected timeframe.
On the basis of application, the global healthcare biometrics for children market is divided into identification of missing children, elimination of newborn baby swaps, tracking child vaccination schedules & welfare, and others. Among these, the tracking child vaccination schedules & welfare segment is anticipated to hold the largest share of the global healthcare biometrics for children market during the projected timeframe. The significant element driving the market is the rise in child fatalities brought on by delayed or incomplete receipt of life-saving vaccines.
The hospitals segment is predicted to hold the greatest share of the global healthcare biometrics for children market during the estimated period.
On the basis of end users, the global healthcare biometrics for children market is divided into hospitals and healthcare institutions. Among these, the hospitals segment is predicted to hold the greatest share of the global healthcare biometrics for children market during the estimated period. The rising use of biometric systems in hospitals is one of the factors driving the segment growth.
North America is expected to hold the largest share of the global healthcare biometrics for children market over the forecast period.
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North America is expected to hold the largest share of the global healthcare biometrics for children market over the forecast period. North America market analysis for healthcare biometrics for children displays a high market attractiveness index and potential for profitability. Due to factors including the rising need for biometric systems in healthcare facilities, the United States dominated the North American market.
Asia Pacific is predicted to grow at the fastest pace in the global healthcare biometrics for children market during the projected timeframe. The region's market is anticipated to grow due in large part to the high birth rates in China and India as well as the rise in occurrences of missing children.
Major vendors in the global healthcare biometrics for children market include Simprints, Crossmatch, M2SYS Technology, IDEMI, Fujitsu Ltd., NEC Corporation, Element Inc., and Others.
Recent Developments
- In April 2023, BIO-key International and Dayton Children's Hospital announced their partnership. In compliance with this agreement, Bio-key wanted to deploy PortalGuard IDaaS® to enhance their investment in biometric authentication.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global healthcare biometrics for children market based on the below-mentioned segments:
Global Healthcare Biometrics for Children Market, By Technology
- Fingerprint
- Face
- Footprint
- Iris
- Others
Global Healthcare Biometrics for Children Market, By Application
- Identification of Missing Children
- Elimination of Newborn Baby Swaps
- Tracking Child Vaccination Schedules and Welfare
- Others
Global Healthcare Biometrics for Children Market, By End User
- Hospitals
- Healthcare Institutions
Global Healthcare Biometrics for Children Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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