The North America Smart Card in Healthcare Market would witness market growth of 11.7% CAGR during the forecast period (2021-2027).
Smart health cards refer to card-like devices that are implanted with an integrated circuit (IC) chip, which consists of a microprocessor. These chips are capable of calculating, storing, processing data, managing, and can uphold all the crucial information. In addition, smart cards are more reliable than magnetic strip cards and can carry out encrypted algorithms via a smart card reader. These smart cards have a broad range of applications in managing sensitive information like identity, finances, and personal health data.
Moreover, smart health cards contain numerous features that make them beneficial for patients and healthcare providers. There are numerous benefits offered by these cards like improved confidentiality & safety of patient information, manage precise identification across various facilities, decrease healthcare fraud, safer access to an emergency medical situation, convenience in payment, and safer medical records. Thus, these advantages are estimated to assist in the enhancement of the healthcare system and also increase the importance & popularity of smart cards in healthcare market in the forecast years.
The strong healthcare system of various developed nations of the region like the US and Canada is pushing the smart card in healthcare market forward. In addition, the presence of many key players in the market is estimated to propel the regional growth of the smart card in healthcare market. Smart health cards can help in managing patient identity and provide practitioners & pharmacists better and secure access to the patient’s medical records.
Due to this, these smart health cards are highly adopted by the customers to streamline the medical system and reduce their burden of carrying prescriptions and other papers to hospitals. Customers across this region are more aware of the benefits offered by these smart health cards, which is supporting the regional growth of the smart card in healthcare market over the forecast period.
The US market dominated the North America Hybrid Smart Cards Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $89.9 million by 2027. The Canada market is experiencing a CAGR of 15.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 14.3% during (2021 - 2027).
Based on Product, the market is segmented into Contactless Smart Cards, Contact-based Smart Cards, Hybrid Smart Cards and Dual-interface Smart Cards. Based on Component, the market is segmented into Microcontroller Based Smart Cards and Memory-card Based Smart Cards. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Smart Card in Healthcare Market is Estimated to Reach USD 2.3 Billion by 2027 at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG, Texas Instruments, Inc., NXP Semiconductors N.V., Thales Group S.A., Atos Group, Giesecke & Devrient GmbH, American Express Company, VeriFone Holdings, Inc. (Francisco Partners), IDEMIA SAS (Advent International, Inc.) and CardLogix Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Contactless Smart Cards
- Contact-based Smart Cards
- Hybrid Smart Cards
- Dual-interface Smart Cards
By Component
- Microcontroller Based Smart Cards
- Memory-card Based Smart Cards
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Infineon Technologies AG
- Texas Instruments, Inc.
- NXP Semiconductors N.V.
- Thales Group S.A.
- Atos Group
- Giesecke & Devrient GmbH
- American Express Company
- VeriFone Holdings, Inc. (Francisco Partners)
- IDEMIA SAS (Advent International, Inc.)
- CardLogix Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Card in Healthcare Market, by Product
1.4.2 North America Smart Card in Healthcare Market, by Component
1.4.3 North America Smart Card in Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2019, Jun – 2021, Aug) Leading Players
Chapter 4. North America Smart Card in Healthcare Market by Product
4.1 North America Contactless Smart Cards Market by Country
4.2 North America Contact-based Smart Cards Market by Country
4.3 North America Hybrid Smart Cards Market by Country
4.4 North America Dual-interface Smart Cards Market by Country
Chapter 5. North America Smart Card in Healthcare Market by Component
5.1 North America Microcontroller Based Smart Cards Market by Country
5.2 North America Memory-card Based Smart Cards Market by Country
Chapter 6. North America Smart Card in Healthcare Market by Country
6.1 US Smart Card in Healthcare Market
6.1.1 US Smart Card in Healthcare Market by Product
6.1.2 US Smart Card in Healthcare Market by Component
6.2 Canada Smart Card in Healthcare Market
6.2.1 Canada Smart Card in Healthcare Market by Product
6.2.2 Canada Smart Card in Healthcare Market by Component
6.3 Mexico Smart Card in Healthcare Market
6.3.1 Mexico Smart Card in Healthcare Market by Product
6.3.2 Mexico Smart Card in Healthcare Market by Component
6.4 Rest of North America Smart Card in Healthcare Market
6.4.1 Rest of North America Smart Card in Healthcare Market by Product
6.4.2 Rest of North America Smart Card in Healthcare Market by Component
Chapter 7. Company Profiles
7.1 Infineon Technologies AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 Texas Instruments, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 NXP Semiconductors N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Thales Group S.A.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Atos Group
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 SWOT Analysis
7.6 Giesecke & Devrient GmbH
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.7 American Express Company
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations, and Agreements:
7.8 VeriFone Holdings, Inc. (Francisco Partners)
7.8.1 Company Overview
7.9 IDEMIA SAS (Advent International, Inc.)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Acquisition and Mergers:
7.9.2.3 Product Launches and Product Expansions:
7.10. CardLogix Corporation
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Smart Card in Healthcare Market, 2017 - 2020, USD Million
TABLE 2 North America Smart Card in Healthcare Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Card in Healthcare Market
TABLE 4 Product Launches And Product Expansions– Smart Card in Healthcare Market
TABLE 5 Acquisition and Mergers– Smart Card in Healthcare Market
TABLE 6 North America Smart Card in Healthcare Market by Product, 2017 - 2020, USD Million
TABLE 7 North America Smart Card in Healthcare Market by Product, 2021 - 2027, USD Million
TABLE 8 North America Contactless Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Contactless Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Contact-based Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Contact-based Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Hybrid Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Hybrid Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Dual-interface Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Dual-interface Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Smart Card in Healthcare Market by Component, 2017 - 2020, USD Million
TABLE 17 North America Smart Card in Healthcare Market by Component, 2021 - 2027, USD Million
TABLE 18 North America Microcontroller Based Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Microcontroller Based Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Memory-card Based Smart Cards Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Memory-card Based Smart Cards Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Smart Card in Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Smart Card in Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 24 US Smart Card in Healthcare Market, 2017 - 2020, USD Million
TABLE 25 US Smart Card in Healthcare Market, 2021 - 2027, USD Million
TABLE 26 US Smart Card in Healthcare Market by Product, 2017 - 2020, USD Million
TABLE 27 US Smart Card in Healthcare Market by Product, 2021 - 2027, USD Million
TABLE 28 US Smart Card in Healthcare Market by Component, 2017 - 2020, USD Million
TABLE 29 US Smart Card in Healthcare Market by Component, 2021 - 2027, USD Million
TABLE 30 Canada Smart Card in Healthcare Market, 2017 - 2020, USD Million
TABLE 31 Canada Smart Card in Healthcare Market, 2021 - 2027, USD Million
TABLE 32 Canada Smart Card in Healthcare Market by Product, 2017 - 2020, USD Million
TABLE 33 Canada Smart Card in Healthcare Market by Product, 2021 - 2027, USD Million
TABLE 34 Canada Smart Card in Healthcare Market by Component, 2017 - 2020, USD Million
TABLE 35 Canada Smart Card in Healthcare Market by Component, 2021 - 2027, USD Million
TABLE 36 Mexico Smart Card in Healthcare Market, 2017 - 2020, USD Million
TABLE 37 Mexico Smart Card in Healthcare Market, 2021 - 2027, USD Million
TABLE 38 Mexico Smart Card in Healthcare Market by Product, 2017 - 2020, USD Million
TABLE 39 Mexico Smart Card in Healthcare Market by Product, 2021 - 2027, USD Million
TABLE 40 Mexico Smart Card in Healthcare Market by Component, 2017 - 2020, USD Million
TABLE 41 Mexico Smart Card in Healthcare Market by Component, 2021 - 2027, USD Million
TABLE 42 Rest of North America Smart Card in Healthcare Market, 2017 - 2020, USD Million
TABLE 43 Rest of North America Smart Card in Healthcare Market, 2021 - 2027, USD Million
TABLE 44 Rest of North America Smart Card in Healthcare Market by Product, 2017 - 2020, USD Million
TABLE 45 Rest of North America Smart Card in Healthcare Market by Product, 2021 - 2027, USD Million
TABLE 46 Rest of North America Smart Card in Healthcare Market by Component, 2017 - 2020, USD Million
TABLE 47 Rest of North America Smart Card in Healthcare Market by Component, 2021 - 2027, USD Million
TABLE 48 Key Information – Infineon Technologies AG
TABLE 49 Key Information – Texas Instruments, Inc.
TABLE 50 Key Information – NXP Semiconductors N.V.
TABLE 51 key information – Thales Group S.A.
TABLE 52 key information – Atos Group
TABLE 53 Key Information – Giesecke & Devrient GmbH
TABLE 54 Key Information – American Express Company
TABLE 55 Key Information – VeriFone Holdings, Inc.
TABLE 56 Key Information – IDEMIA SAS
TABLE 57 Key Information – CardLogix Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2019, Jun – 2021, Aug) Leading Players
FIG 5 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 6 SWOT Analysis: Texas Instruments, Inc.
FIG 7 Swot analysis: NXP semiconductors N.V.
FIG 8 SWOT Analysis: Atos Group
FIG 9 Recent strategies and developments: Giesecke & Devrient GmbH
FIG 10 Recent strategies and developments: IDEMIA SAS