Healthcare Biometrics market is expected to witness a transient motion in the years to come

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Healthcare biometrics

Healthcare biometrics implies the biometric applications in the doctors’ clinics, hospitals, or for usage in monitoring the patients. As such, healthcare biometrics could be inclusive of patient record storage, workforce management, identification, and access control. North America is the torchbearer with respect to healthcare biometrics market; thanks to healthcare industry entering the trillion dollar club in the U.S. The WHO (World Health Organization) has stated that apart from the U.S., no other country worldwide spends maximum amount of its revenue on people’s health.

However, this goes without saying that anything at a higher level comes with a price; and the healthcare industry is no exception. As per FBI (Federal Bureau of Investigation), healthcare fraud does cost $80 billion to the U.S.-based tax payers. The frauds like duplicate claims, fake billing have been troubling the industry since time immemorial. However, of late; threats have been peeping through the internet. For instance, in the year 2017, Loads of computers were rendered encrypted by “WannaCry” malware attack. Excessive dependence on internet has ushered cyber criminals big time. They are onto hack patient records.

This is where healthcare biometrics comes into picture. However, herein, restraints like unconscious patients not able to produce an ID can’t be ruled out. Europe follows North America in healthcare biometrics market. Even here, the flaws due to misidentification do persist. Increase in geriatric population results in improper capturing of biometrics; which could lead to turmoils further.

The APAC is getting awakened with regards to the healthcare biometrics market. In India, chains like Apollo Healthcare, Dr. Agarwal’s Eye Care take utmost care of patients’ identification. This goes to show that the APAC is expected to grow at the fastest pace in the years to come. MEA and LATAM stand 4th and 5th respectively. They are also expected to disrupt the healthcare biometrics market in future.

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