Smart Card in Healthcare Market Size, Share, Growth Report 2032

Smart Card in Healthcare Market

Smart Card in Healthcare Market - By Component (Memory-Card Based and Microcontroller Based), By Product Type (Hybrid, Contactless, Dual-Interface, and Contact-Based), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 120 Report Code: ZMR-6448 Published Date: Feb-2023 Status : Published
Market Size in 2019 Market Forecast in 2026 Growth Rate (in %) Base Year
USD 1.02 billion USD 12.1 billion CAGR at 12.3% 2019

Smart Card in Healthcare Market

The global Smart Card in Healthcare market accrued earnings worth approximately 1.02(USD Billion) in 2019 and is predicted to gain revenue of about 12.1(USD Billion) by 2026, is set to record a CAGR of nearly 12.3% over the period from 2020 to 2026. The report offers assessment and analysis of the Smart Card in Healthcare market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Global Smart Card in Healthcare Market SizeRequest Free Sample

Smart Card In Healthcare Market: Outlook

Smart card   is a small plastic card embedded with an IC chip. These cards are used in healthcare industry for offering high proportion of security & privacy. It helps in proficiently handling personal info including health information and identity. Additionally, smart card validates identity of patient during healthcare and facilitates growth of specific health system management. Furthermore, escalating acceptance of smart cards in patient data handling coupled with effectively handling of patient management activities will steer smart card in healthcare industry. Apart from this, large-scale use of smart cards helps in minimizing expenditure on healthcare activities, thereby further proliferating healthcare market growth.

Smart Card In Healthcare Market: Growth Drivers

Surge in cases of frauds and theft will steer expansion of smart card in healthcare market in the upcoming years. In addition to this, supportive government schemes in emerging economies and developed countries in terms of adoption of smart cards will embellish market size in years to come. Apparently, high government focus on enhancing affordability, accessibility, and availability of effective healthcare services for patients through smart card usage will steer expansion of smart card in healthcare industry over the forecast timespan.

In addition to this, smart cards make use of encrypted algorithms for effectively handing data and are safe to operate as compared to magnetic strip cards. Apart from this, these cards are extensively utilized in handling confidential information pertaining to identity, personal health data, and other finances. All these aforementioned aspects will spur size of smart card in healthcare industry over the upcoming years.

Furthermore, use of smart cards in healthcare, banking & financial, telecom, entertainment, transport, and government sectors will spike growth of smart card in healthcare industry in the years ahead. Nonetheless, lack of awareness & information about smart cards in remote areas can inhibit expansion of smart card in healthcare industry over the upcoming years.

Smart Card in Healthcare Market: Report Scope

Report Attributes Report Details
Report Name Smart Card in Healthcare Market Research Report
Market Size in 2019 USD 1.02 billion
Market Forecast in 2026 USD 12.1 billion
Growth Rate CAGR of 12.3%
Number of Pages 135
Key Companies Covered INSIDE Secure SA, Atos SE, Oberthur Technologies SA, American Express Company, CardLogix Corporation, GmbH, Giesecke & Devrient (G&D), Gemalto NV, VeriFone Holdings, Inc., Infineon Technologies AG, and SCM Microsystems.
Segments Covered By Product Type, By Component and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

Europe To Contribute Sizably Towards Overall Market Revenue By 2026

The regional market expansion over forecast period is due to favorable government initiatives towards improving healthcare amenities in countries such as Germany, France, Italy, Russia, Belgium, Ireland, Luxemburg, and the UK. Additionally, most of European nations have own healthcare identity cards and healthcare insurance cards are distributed without any charges across thirty-two countries. All these aspects will drive growth of smart care in healthcare market in Europe within the span of next few years.

Competitive Landscape

Few reputed players profiled in study are:

  • INSIDE Secure SA
  • Atos SE
  • Oberthur Technologies SA
  • American Express Company
  • CardLogix Corporation
  • GmbH
  • Giesecke & Devrient (G&D)
  • Gemalto NV
  • VeriFone Holdings, Inc.
  • Infineon Technologies AG
  • SCM Microsystems

The global Smart Card in Healthcare Market is segmented as follows:

By Product Type

  • Hybrid
  • Contactless
  • Dual-Interface
  • Contact-Based

By Component

  • Memory-Card Based
  • Microcontroller Based

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Surge in cases of frauds and theft will steer expansion of smart card in healthcare market in the upcoming years. In addition to this, supportive government schemes in emerging economies and developed countries in terms of adoption of smart cards will embellish market size in years to come. Apparently, high government focus on enhancing affordability, accessibility, and availability of effective healthcare services for patients through smart card usage will steer expansion of smart card in healthcare industry over the forecast timespan. In addition to this, smart cards make use of encrypted algorithms for effectively handing data and are safe to operate as compared to magnetic strip cards. Apart from this, these cards are extensively utilized in handling confidential information pertaining to identity, personal health data, and other finances. All these aforementioned aspects will spur size of smart card in healthcare industry over the upcoming years.

According to Zion market research report, the global Smart Card in Healthcare market accrued earnings worth approximately 1.02(USD Billion) in 2019 and is predicted to gain revenue of about 12.1(USD Billion) by 2026, is set to record a CAGR of nearly 12.3% over the period from 2020 to 2026.

Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to favorable government initiatives towards improving healthcare amenities in countries such as Germany, France, Italy, Russia, Belgium, Ireland, Luxemburg, and the UK. Additionally, most of European nations have own healthcare identity cards and healthcare insurance cards are distributed without any charges across thirty-two countries. All these aspects will drive growth of smart care in healthcare market in Europe within the span of next few years.

 

The key market participants include INSIDE Secure SA, Atos SE, Oberthur Technologies SA, American Express Company, CardLogix Corporation, GmbH, Giesecke & Devrient (G&D), Gemalto NV, VeriFone Holdings, Inc., Infineon Technologies AG, and SCM Microsystems.

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