Child Healthcare Biometrics Market to Reach USD 1.30

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Wilmington, Delaware, USA, August 03, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc.: The TMR Report for Healthcare Biometrics for Children Market Projections estimates a CAGR of 22.3% during the forecast period from 2022 to 2031. The growing use of biometrics system in the implementation vaccination programs and the identification of missing children are driving the market for healthcare biometrics for children.

Ease of use and increasing demand for advanced healthcare, especially for children, are the key factors behind the growing popularity of biometric technologies. The ease and speed of facial recognition and fingerprint recognition make it the best biometrics for child verification purposes. Recent advancements such as the introduction of innovative biometric medical devices are conducive to the future market demand for biometrics for healthcare for children.

North America held the leading share of nearly 45% of the child healthcare biometrics market in 2021. Rising demand for biometric systems for birth registration highlights the growth of the market in health care biometrics for children in the region.

Asia-Pacific is expected to be the fastest growing market for healthcare biometrics for children in the coming years. Asian countries such as India and China are showing high demand for biometric technology in healthcare due to high birth rate.

Key players in the Child Healthcare Biometrics Market are joining forces to expand the reach of biometrics products. This is inferred from the recent developments in the child healthcare biometrics market which aim to improve the lives of millions of children worldwide.

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Child Healthcare Biometrics Market – Key Findings of the Report

  • The importance for the implementation of immunization programs due to the lack of immunization records of children in poor areas of developing countries, linked to a large number of deaths, fuels the adoption of biometric systems. The use of biometric systems is expected to enable the immunization of children against the growing burden of chronic diseases. Around the world, nearly 1.5 million children die each year from diseases that could have been prevented by vaccination, with developing countries being the most affected by this problem.
  • The increasing incidence of missing children, especially in highly populated countries such as India and China, has necessitated the adoption of innovative biometric systems capable of recording all child-related activities. This highlights the growth of the healthcare biometrics market for children.
  • Fingerprint technology segment held the major share of the child healthcare biometrics market in 2021. Easy application and favorable price factor demonstrate wide usage of fingerprint technology in biometric systems , for the identification and verification of an individual.
  • Based on the application, child immunization schedule tracking and wellness segment held the leading share of the child healthcare biometrics market in 2021. Substantial demand for biometric systems, for prevent the growing number of child deaths linked to non-receipt of vaccines due segment
  • Hospitals are expected to hold a major share of the child healthcare biometrics market over the forecast period. The significant increase in the number of modern hospitals equipped with advanced biometric systems that track child protection activities is creating lucrative opportunities in the end user segment of hospitals.

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Child Healthcare Biometrics Market – Growth Drivers

  • Critical Benefits for Identifying Missing Children and Implementing Vaccination Programs Propel Child Healthcare Biometrics Market
  • The need for biometrics technology, especially for child recognition for the large number of births in developing countries, underlines the growth of the child healthcare biometrics market

Child Healthcare Biometrics Market – Key Players

Some of the major players operating in the healthcare biometrics for children market are;

  • Simprints
  • M2SYS technology
  • Fujitsu Ltd.
  • Element Inc.
  • Cross match
  • IDEMI
  • NEC Corporation

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