The Latin America, Middle East and Africa Biometrics As a Service in Healthcare Market would witness market growth of 20.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Biometrics As a Service in Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $46.8 million by 2031. The Argentina market is registering a CAGR of 21.1% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 20.1% during (2024 - 2031).
Biometric authentication can streamline healthcare providers' access to electronic health records (EHRs). Instead of relying on passwords or smart cards, which can be lost or stolen, biometrics offer a more secure and convenient way to access patient information.
Moreover, Medication dispensing systems may incorporate biometric authentication to verify that the appropriate patients receive medications. Healthcare professionals can lower the possibility of prescription errors and enhance patient safety by using biometrics to confirm a patient's identity.
The United Arab Emirates significantly emphasizes artificial intelligence (AI), as the International Trade Administration data indicates. AI is projected to account for around 14% of the UAE economy's total GDP ($96 billion) by 2030, expanding at a compound annual rate of 33.5% from 2018 to 2030. Thus, due to these aspects, the biometrics as a service in healthcare market will expand across the LAMEA region in upcoming years.
Based on Component, the market is segmented into Software and Services. Based on Solution Type, the market is segmented into Fingerprint Scanning, Facial Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition and Others. Based on Modality, the market is segmented into Multimodal and Unimodal. Based on Application, the market is segmented into Medical Record Security & Data Center Security, Patient Identification & Tracking, Care Provider Authentication, Remote Patient Monitoring, Pharmacy Dispensing and Others. Based on End User, the market is segmented into Hospitals & Clinics, Long term care centers & home care settings, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Biometrics As a Service in Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $46.8 million by 2031. The Argentina market is registering a CAGR of 21.1% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 20.1% during (2024 - 2031).
Biometric authentication can streamline healthcare providers' access to electronic health records (EHRs). Instead of relying on passwords or smart cards, which can be lost or stolen, biometrics offer a more secure and convenient way to access patient information.
Moreover, Medication dispensing systems may incorporate biometric authentication to verify that the appropriate patients receive medications. Healthcare professionals can lower the possibility of prescription errors and enhance patient safety by using biometrics to confirm a patient's identity.
The United Arab Emirates significantly emphasizes artificial intelligence (AI), as the International Trade Administration data indicates. AI is projected to account for around 14% of the UAE economy's total GDP ($96 billion) by 2030, expanding at a compound annual rate of 33.5% from 2018 to 2030. Thus, due to these aspects, the biometrics as a service in healthcare market will expand across the LAMEA region in upcoming years.
Based on Component, the market is segmented into Software and Services. Based on Solution Type, the market is segmented into Fingerprint Scanning, Facial Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition and Others. Based on Modality, the market is segmented into Multimodal and Unimodal. Based on Application, the market is segmented into Medical Record Security & Data Center Security, Patient Identification & Tracking, Care Provider Authentication, Remote Patient Monitoring, Pharmacy Dispensing and Others. Based on End User, the market is segmented into Hospitals & Clinics, Long term care centers & home care settings, Ambulatory Surgical Centers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Hitachi, Ltd. (Hitachi Astemo, Ltd.)
- Fujitsu Limited
- NICE Ltd.
- Thales Group S.A.
- HID Global Corporation (Assa Abloy AB)
- NEC Corporation
- BIO-key International, Inc.
- IDEMIA SAS (Advent International, Inc.)
- Cognitec Systems GmbH
- Suprema, Inc.
Market Report Segmentation
By Component- Software
- Services
- Fingerprint Scanning
- Facial Recognition
- Iris Recognition
- Voice Recognition
- Palm & Vein Recognition
- Others
- Multimodal
- Unimodal
- Medical Record Security & Data Center Security
- Patient Identification & Tracking
- Care Provider Authentication
- Remote Patient Monitoring
- Pharmacy Dispensing
- Others
- Hospitals & Clinics
- Long term care centers & home care settings
- Ambulatory Surgical Centers
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Biometrics As a Service in Healthcare Market by Component
Chapter 5. LAMEA Biometrics As a Service in Healthcare Market by Solution Type
Chapter 6. LAMEA Biometrics As a Service in Healthcare Market by Modality
Chapter 7. LAMEA Biometrics As a Service in Healthcare Market by Application
Chapter 8. LAMEA Biometrics As a Service in Healthcare Market by End User
Chapter 9. LAMEA Biometrics As a Service in Healthcare Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Hitachi, Ltd. (Hitachi Astemo, Ltd.)
- Fujitsu Limited
- NICE Ltd.
- Thales Group S.A.
- HID Global Corporation (Assa Abloy AB)
- NEC Corporation
- BIO-key International, Inc.
- IDEMIA SAS (Advent International, Inc.)
- Cognitec Systems GmbH
- Suprema, Inc.
Methodology
LOADING...
