Market Research Engine released a new research report that forecasts that the global healthcare biometrics market will undergo a CAGR of 19.2 percent from 2016 to 2022 to exceed more than US$2.8B by 2022.

The research report details the driving factors of the global healthcare biometrics market as increased financial profits, providing a practical option to passwords, decreased healthcare fraud attacks, governments supporting the adoption of biometrics in healthcare, and developing countries being integrated by biometric solutions in healthcare set-ups.

On the other hand, the report states that the major restraining factors of the market are security and expediency tradeoff, storage space of biometric template, security of biometric data, the high cost of biometric devices, and problems regarding the use of biometric technologies.

The report segments the market into the categories of technology, application and regional. The technology segmentation includes signature recognition, fingerprint recognition, voice recognition, vein recognition, hand recognition, face recognition, iris recognition and other techniques.