The number of cyber-attacks around the world exploded in 2020: exploiting the Covid-19 pandemic as an opportunity for cybercriminals to take advantage of the shift in focus towards smart working and hospital staff transferred to the frontline.
Frost & Sullivan: Global Biometrics in Healthcare Market, Forecast to 2024 (January 2020)
Biometric adoption in the healthcare sector was initially limited to patient identification and verification. But now the adoption of electronic health records will generate a four-fold revenue growth for the global biometrics in healthcare market by 2024, according to the latest market forecase by Frost and Sullivan.
The analysts conclude that digital healthcare systems and IoT-based health solutions will spur the uptake of biometric technologies, reaching $2.72 billion, up from $670 million in 2019, at a compound annual growth rate (CAGR) of 32.3 percent.
PANACEA Research perspectives: PANACEA uses biometrics in the development of its identity management platform for users of a medical system or device known to the hospital system and who need to authenticate their identity. The tool uses two authentication factors: Biometry (to show who a person claims to be) and a smartphone (what the person has).
Lookout Watch entry date: 07.01.2020