NEC Corporation (Japan) and Fujitsu Limited (Japan) are Leading players in the Biometrics As a Service in Healthcare Market
The global biometrics as a service in the healthcare market is projected to reach USD 1.1 billion by 2028 from USD 0.4 billion in 2023, at a CAGR of 20.7% during the forecast period. In the rapidly evolving healthcare landscape, where the digitization of patient data is transforming the industry, concerns over the security and privacy of electronic health records (EHRs) and sensitive medical information have reached unprecedented levels. Heightened by a surge in cyber threats and data breaches, these concerns have driven the widespread adoption of biometric solutions within healthcare systems. The incorporation of biometric systems within healthcare, although holding the potential for heightened security and operational efficiency, frequently poses a formidable financial obstacle. The multifaceted nature of this expense, which includes hardware acquisition, software development, and integration costs, renders it capital-intensive. This financial burden, especially burdensome for smaller healthcare facilities, may act as a significant deterrent, potentially hindering the broader market growth of biometric solutions in healthcare.
Some of the prominent players operating in the healthcare biometrics/ biometrics as a service in healthcare market are NEC Corporation (Japan), Fujitsu Limited (Japan), Imprivata, Inc. (US), Suprema Inc. (South Korea), BIO-key International, Inc. (US), Thales (US), ASSA ABLOY (HID Global Corporation) (US), Cognitec Systems GmbH (Germany), Hitachi, Ltd. (Japan), Idex Biometrics ASA (Europe), Spectra Technovision(India) Pvt. Ltd. (India), Aware, Inc. (US), Aratek (US), Advent International, L.P. (US), NICE Ltd. (Israel), Voice Biometrics Group (US), Imageware (US).
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NEC Corporation:
It is one of the largest information technology (IT) and electronics companies in the world and is a leading provider of biometric solutions for healthcare. NEC's healthcare biometric solutions are based on its proprietary Bio-IDiom platform, which offers a wide range of biometric technologies, including face recognition, iris recognition, fingerprint recognition, and voice recognition. Bio-IDiom is designed to be scalable and flexible, making it suitable for a wide range of healthcare applications. In June 2023, NEC Corporation unveiled its latest innovation, the "NEC Biometric Engine," a cutting-edge biometric authentication solution tailored to healthcare organizations’ needs. This advanced solution has been developed to enhance patient safety and bolster security protocols within healthcare settings. By introducing this technology, NEC aims to offer healthcare institutions a robust, secure, and user-friendly means of patient identification, thereby ushering in a new era of heightened efficiency and security in healthcare operations.
Fujitsu Limited:
Fujitsu Limited is a renowned multinational information and communication technology (ICT) company headquartered in Tokyo, Japan. It operates globally and offers a wide range of products and services in computing, telecommunications, software, and IT solutions. The company provides security solutions under the Technology Solution segment, which includes biometric products. PalmSecure is a leading solution that authenticates users based on vein pattern recognition, making the attempts to forge an identity extremely difficult and enabling high-level security. In May 2023, Fujitsu Limited unveiled a significant expansion of its biometric offerings by introducing a cutting-edge palm vein authentication solution. This innovative solution has been strategically designed to cater to a diverse array of applications within the healthcare sector, including but not limited to patient identification, access control, and secure payment processing. By introducing this advanced technology, Fujitsu aims to empower healthcare institutions with a versatile and highly secure means of authentication, thereby enhancing operational efficiency and data security in healthcare contexts.
Related Reports:
Biometrics As a Service in Healthcare Market by Component, Modality (Unimodal, Multimodal), Solution Type (Fingerprint, Iris, Vein Recognition), Application (Patient Identification, Medical Record Security), Region - Global Forecast to 2028
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