The global smart cards in healthcare market is foreseen to continue riding on its strong popularity in the coming years due to the availability of various value-added services that both healthcare providers and patients could enjoy. A report by Transparency Market Research (TMR) gives a broad account of key growth factors and how the market could face challenges in the near future. It is titled “Smart Cards in Healthcare Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.” It also studies latest trends and opportunities that could help the market to garner growth during difficult times.
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Smart cards offer a wide scope of applications to the healthcare industry. Healthcare enterprises around the globe have adopted smart cards to manage the tiring process of maintaining health data. With the recent healthcare boom, the adoption of smart cards is expected to further gather pace in the foreseeable future. Smart cards could witness an increase in demand because they allow improved agreement with government instructions and initiatives. Besides, they offer a secure platform for convenience of maintaining medical records. Healthcare enterprises could also adopt smart cards owing to their contribution in curbing frauds, facilitating easy bill payment, and providing secure access to emergency medical data.
High adoption of digital platforms are predicted to bode well for the international smart cards in healthcare market in Europe and North America. Mismatched patient data error rate could be easily reduced to a mere 2% from 10-15% with the use of smart cards in healthcare. Asia Pacific, on the other hand, could take advantage of improving affordability, better public awareness, and widening patient pool to exhibit a faster growth in the market.
The international smart cards in healthcare market testifies the presence of leading players such as CardLogix Corporation, American Express, and Atos SE.