Albany, NY -- (SBWIRE) -- 03/04/2016 -- Transparency Market Research, in a report, titled "Fingerprint Identification in Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," states that the global market for fingerprint identification in healthcare is driven by the rising adoption of this technology across several verticals of the healthcare sector. The use of fingerprint identification technology eliminates the need for passwords or pins and also reduces the risk of duplicate test requests and insurance claims. Fingerprint recognition technology is an easy, efficient, and cheap method of identification and the market for fingerprint identification in healthcare is projected to witness considerable growth in the coming years.

The market for fingerprint identification in healthcare is broadly categorized into automated fingerprint identification systems and non-automated fingerprint identification systems. Automated fingerprint identification systems are used in attendance and access control systems to identify providers as well as patients from a database containing hundreds of thousands of fingerprints. In recent years, automated fingerprint identification systems have been used extensively in the healthcare sector thanks to the growing acceptance of e-projects, the availability of customized applications, and the rising demand for advanced and integrated security solutions. Non-automated fingerprint identification systems have gained prominence in the healthcare industry owing to the rise in industrial research and development. These systems are relatively more affordable, are simpler to use, and have a user-friendly interface. The growing adoption of these systems is estimated to generate high revenue for the overall fingerprint identification market in the coming years.

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The global market for fingerprint identification in healthcare is geographically segmented into Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. North America is the leading regional segment, followed by Europe. The North America market for fingerprint identification in healthcare is fueled massively by the implementation of the Health Insurance Portability and Accountability Act (HIPAA) in the US. The market for fingerprint identification in healthcare Asia Pacific and Rest of the World regions is anticipated to be fueled by the rising adoption in the private sector and the increase in government support and initiatives to provide safety and control fraudulent activities.

The evaluation of the competitive landscape of the market for fingerprint identification in healthcare makes for an interesting read. The most prominent players are identified and their performance is assessed in the research report. Key parameters such as company overview, business strategies, financial standing, and recent developments are taken into consideration while profiling the players within the market for fingerprint identification in healthcare.

Some of the leading players actively participating in the global market for fingerprint identification in healthcare are BIO-key International, Inc., 3M Cogent, Inc., Lumidigm, Inc., Siemens AG, and DigitalPersona, Inc.

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