Global Healthcare Biometrics for Children Market Insights Forecasts to 2033

• The Global Healthcare Biometrics for Children Market Size was Valued at USD 267.9 Million in 2023
• The Market Size is Growing at a CAGR of 22.26% from 2023 to 2033
• The Worldwide Healthcare Biometrics for Children Market Size is Expected to Reach USD 1998.6 Million by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Healthcare Biometrics for Children Market Size is Anticipated to Exceed USD 1998.6 Million by 2033, Growing at a CAGR of 22.26% from 2023 to 2033.   

Market Overview

The application of biometric technologies in the healthcare industry for pediatric populations is known as healthcare biometrics for children. This involves the use of unique behavioral and physiological traits, like fingerprints. Biometric technologies are being invested in by healthcare providers to increase patient safety, security, and privacy while also making up for the substantial financial losses incurred by healthcare fraud. Pediatric healthcare biometrics are becoming more and more in demand, particularly for immunization and identification systems. The biometric characteristic used in palm vein technology for biometric authentication in healthcare is the palm vein. Near-infrared light is typically used to acquire palm vein patterns through transmission or reflection techniques. The rise in the use of biometric systems for immunization program implementation and child identity tracking is driving the size of the global healthcare biometrics for children market. The healthcare biometrics for children market is currently growing and that has resulted in a rise in demand for these devices due to the introduction of novel biometric healthcare technology.   

Report Coverage

This research report categorizes the market for the global healthcare biometrics for children market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global healthcare biometrics for children market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global healthcare biometrics for children market.

Driving Factors

The healthcare biometrics for children market is driven by the growing requirement for children to retain immunization records using biometric systems. Healthcare is accepting fingerprint and face recognition technology due to its ease of use and efficacy, particularly when it comes to child verification. The demand for healthcare biometrics for children is driven by significant benefits for identifying misplaced children and implementing immunization campaigns. The growing healthcare biometrics for children market is driven by the need for biometric technologies, particularly for children recognition given the high number of births in emerging nations.   

Restraining Factors

The growth of the market can be significantly restricted by the high initial expenses associated with creating and implementing healthcare biometrics for children alternatives, particularly for large-scale initiatives.

Market Segmentation

The global healthcare biometrics for children market share is classified into technology, application, and end user.

• The fingerprint segment is expected to hold the largest share of the global healthcare biometrics for children market during the forecast period.     

Based on the technology, the global healthcare biometrics for children market is divided into fingerprint, face, footprint, iris, and others. Among these, the fingerprint segment is expected to hold the largest share of the global healthcare biometrics for children market during the forecast period. The verification of two or more human fingerprints for authentication, using automatic or manual techniques, is known as fingerprint recognition. It is commonly used in biometric systems, to help in an individual's identification and verification.

• The tracking child vaccination schedules & welfare segment is expected to hold the largest share of the global healthcare biometrics for children market during the forecast period.   

Based on the 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 expected to hold the largest share of the global healthcare biometrics for children market during the forecast period. The immunization of tracking child vaccination schedules & welfare are maintained through the use of biometric technology. Another significant factor driving the market is the rise in child fatalities due to delayed or incomplete receipt of life-saving vaccinations.

• The hospitals segment is expected to hold the largest share of the global healthcare biometrics for children market during the forecast period.   

Based on the end user, the global healthcare biometrics for children market is divided into hospitals and healthcare institutions. Among these, the hospitals segment is expected to hold the largest share of the global healthcare biometrics for children market during the forecast period. The segment's growth can be attributed to various causes, including the increasing implementation of biometric systems in hospitals. The market is being driven by an increase in hospitals and a growth in the need for sophisticated biometric systems that monitor children's activities.

Regional Segment Analysis of the Global Healthcare Biometrics for Children Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global healthcare biometrics for children market over the predicted timeframe.

North America is anticipated to hold the largest share of the global healthcare biometrics for children market over the predicted timeframe. North America market analysis for healthcare biometrics for children indicates a high market attractiveness index and potential for profitability. Due to the rising number of missing children in the region, North America currently dominates the global healthcare biometrics for children market. The market for healthcare biometrics for children in North America is also anticipated to grow during the forecast period due to the growing requirement for biometric systems in birth registration.

Asia Pacific is expected to grow at the fastest pace in the global healthcare biometrics for children market during the forecast period. The high birth rates in China and India, along with the increasing number of cases of missing children, are expected to contribute to the growth of the market in this region. 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global healthcare biometrics for children market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Simprints
• Crossmatch (HID Global)
• M2SYS Technology
• IDEMI
• Fujitsu Ltd.
• NEC Corporation
• Element Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In April 2023, Dayton Children's Hospital and BIO-key International announced a collaboration. To increase its investment in biometric authentication, Bio-key intended to use PortalGuard IDaaS by this agreement.   
• In February 2023, The Biometric-based Vaccination Management System Trials for Newborn Children in Kenya are being launched by KEMRI and NEC Corporation.  

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

• 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