Global Smart Card in Healthcare Market Share Report 2024, Forecast To 2033
26 Feb, 2024
The smart card in healthcare market has shown rapid growth, escalating from $1.47 billion in 2023 to $1.63 billion in 2024, with a CAGR of 10.8%. Historic growth is attributed to enhanced data security, digitalization of healthcare records, improved patient identification, and EHR integration. Forecasts predict robust growth to $2.67 billion in 2028, with a CAGR of 13.1%, driven by workflow efficiency streamlining, medical error reduction, patient empowerment, and government initiatives. Key trends include enhanced data security, biometric integration, contactless smart cards, telemedicine, and health information exchange.
Global Smart Card in Healthcare Market Key Driver
The increasing inclination of healthcare organizations and governments towards the adoption of smart cards is boosting the smart card in healthcare market. Smart cards offer enhanced security and confidentiality of patient data, facilitating accurate patient identification and secure access to medical information. The European Commission's mandate for smart card technology in cross-border healthcare further promotes the integration of smart cards in the healthcare sector.
Get A Free Sample Of The Global Smart Card in Healthcare Market ReportGlobal Smart Card in Healthcare Market Segments
The smart card in healthcare market covered in this report is segmented –
1) By Type: Contactless Smart Cards, Contact-based Smart Cards, Dual-interface Smart Cards, Hybrid Smart Cards
2) By Component: Memory Card-Based Smart Cards, Microcontroller-Based Smart Cards
3) By Application: Personal Identity, Patient History, Billing and Payment, Security
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the smart card in healthcare market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the smart card in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Smart Card in Healthcare Industry Players
Atos SE; Giesecke+Devrient GmbH; Infineon Technologies AG; Thales Group; CardLogix Corporation; NXP Semiconductors N. V.; Texas Instruments Incorporated; IDenticard Systems LLC; SCM Microsystems Inc.; IDEMIA France SAS; American Express Company; Mastercard Incorporated; Visa Inc.; HID Global Corporation; Ingenico Group SA; Verifone Systems Inc.; Heartland Payment Systems Inc.; First Data Corporation; Square Inc.; PayPal Holdings Inc.; Apple Inc.; Samsung Electronics Co Ltd.; Google LLC; Microsoft Corporation; International Business Machines Corporation (IBM); Oracle Corporation; Cisco Systems Inc.; Intel Corporation; Hewlett Packard Enterprise Company
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Smart Card in Healthcare Market Overview
A smart card is a plastic card embedded with a computer chip that stores and transacts data between users. The data is associated with either value or information or both and is stored and processed within the card's chip. Smart health cards manage patient identity and give practitioners and pharmacists secure access to their medical records. Identifying the patient is the cornerstone of quality medical care and good health system management. The smart card in healthcare is used for various operational activities in healthcare industry.
Smart Card in Healthcare Global Market Report 2023 provides data on the global smart card in healthcare market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The smart card in healthcare market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.