The global biometric healthcare market is in a period of strong revenue growth, and is forecasted to continue to do so driven primarily by the growing adoption of electronic health records (EHR), according to a new Frost & Sullivan report.
Smart, connected healthcare systems and the use of digital healthcare tools have grown in popularity alongside the growing adoption of EHR, though the latter is considered the key market driver for the industry.
The adoption of biometric tech in healthcare was initially limited to patient identification and verification systems, though in recent years non-traditional biometric systems like wearable technologies and behavioral and cognitive recognition have grown in their use around the world.
The rise of Internet of Things (IoT) tech in healthcare has also opened new avenues for cloud-based authentication and biometric integration for enhanced cybersecurity in an age when fraud and cyberattacks are a growing point of concern.
In that vein, multimodal biometrics are expected to be a growth factor in the market, reinforcing the adoption of biometric technology to replace passwords and provide increased security to ensure greater resiliency to data theft and fraud attempts.
With technology in the healthcare market rapidly evolving, higher adoption of biometrics is seen as a key to meeting the increased and dynamic demands of the industry. Biometric technology vendors will need to be prepared to meet these demands and address the security gaps that will be presented as the use of cloud-based services, EHRs and remote monitoring systems increase.
February 6, 2020 – by Tony Bitzionis