1. Market Research
  2. > Electronics Market Trends
Global Smart Card in Healthcare Market By Product, By Component, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

Global Smart Card in Healthcare Market By Product, By Component, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

  • August 2021
  • 181 pages
  • ID: 6155873
  • Format: PDF
  • KBV Research


Table of Contents

The Global Smart Card in Healthcare Market size is expected to reach $2.3 billion by 2027, rising at a market growth of 13% CAGR during the forecast period. Smart cards in healthcare offer more privacy and security for managing personal data like personal health data and identity. In addition, this smart card validates a patient’s identity at the time of medical care and helps in health system management.

The increasing adoption of smart cards in managing patient data with patient management would boost the growth of smart cards in healthcare market. In addition, the surging usage of these smart cards decrease the chances of medical errors and reduce healthcare costs, which are estimated to surge the adoption of smart cards in the healthcare sector. Along with that, these smart cards have an embedded electronic chip with an integrated circuit, which decreases incidence regarding medical identities like fraud and theft. Due to these aspects, the smart card in healthcare market will witness a surge in demand. Growing demand for improved patient care with a low risk of fraud would further augment the growth of the market.

The increasing cases of misuse of medical benefits and other frauds in the healthcare sector have significantly augmented in the past few years. Several national governments are inclining towards smart cards for obtaining medical records of people in the country. In addition, smart health cards are generally issued by healthcare insurance organizations for improved regulation of claims & other medical practices.

COVID-19 Impact

The outbreak of the global COVID-19 pandemic has impacted various segments of the business domain. The imposition of various restrictions across various nations like the travel ban, lockdowns, temporary ban on manufacturing units has negatively impacted many industrial verticals. In addition, the supply chain disruption and low demand for a wide range of products and services are among the key impacts of the pandemic. Smart health card companies have also faced a decline in sales due to the pandemic.

The adoption of smart health cards has witnessed a decline due to the frequent lockdowns and supply chain disruptions. In addition, the instability caused by the pandemic in the insurance and healthcare sector is negatively impacting the smart card in healthcare market. The less demand for these smart cards during the pandemic would result in a slowdown of the overall market growth during the forecast period.

Market Driving factors:

Increasing government initiatives

There are increasing government initiatives across various regions to push the implementation of smart cards in the healthcare sector to improve the functioning of the healthcare system. There are many organizations, which are also taking initiatives to promote the adoption of smart health cards among people. This would augment the demand for smart cards in healthcare sector.

Growing digitalization in the healthcare industry

As everything is getting online and digitalization is at its high pace, healthcare companies are also getting updated with the trend and are introducing numerous products like smart health cards. In addition, the adoption of smart cards is increasing in order to manage patient data with patient management tools, which is anticipated to surge the demand for smart cards in healthcare market.

Market Restraining factor:

Fair chances of data breaches

There are more chances of security and data breaches of these smart health cards. Though, several key players are highly investing in making these cards smarter and safer than before to provide assurance to the customers about the safety of their data. But, until the security system of smart health cards gets more advanced, people may restrict themselves from getting the smart health card to avoid any security and data breaches.

Product Outlook

Based on Product, the market is segmented into Contactless Smart Cards, Contact-based Smart Cards, Hybrid Smart Cards and Dual-interface Smart Cards. The hybrid smart cards segment is anticipated to witness the fastest growth rate over the forecast period. It is because these cards include more than one card technology. For example, these cards may consist of an embedded microprocessor smart card together with a contactless RFID proximity chip. In addition, dual interface smart cards utilize a single chip technology to connect through contact-based & contactless interfaces.

Component Outlook

Based on Component, the market is segmented into Microcontroller Based Smart Cards and Memory-card Based Smart Cards. The microcontroller-based smart cards segment acquired the highest share in the market in 2020. These cards are compact and have massive memory, which would augment the growth of the segment over the forecast period. This segment is also projected to garner the fastest growth rate over the forecast period owing to the growing adoption in the healthcare sector.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific region is estimated to procure the highest CAGR during the forecast period. It is due to aspects like the technologically improved healthcare system and supportive government initiatives, which are anticipated to surge the regional growth of the market during the forecast period.

The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; American Express Company and Texas Instruments, Inc. are the forerunners in the Smart Card in Healthcare Market. Companies such as IDEMIA SAS, Giesecke & Devrient GmbH, Infineon Technologies AG are some of the key innovators in the market.

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.

Recent Strategies Deployed in Smart Card in Healthcare Market

Partnerships, Collaborations, and Agreements:

Aug-2021: IDEMIA collaborated with Handelsbanken, a Swedish bank. Under this collaboration, Handelsbanken selected IDEMIA as an outsourcing partner for Handelsbanken’s card personalization.

Jun-2021: Giesecke & Devrient (G+D) teamed up with BBVA, a Spanish multinational financial services company. Under this collaboration, BBVA selected Giesecke & Devrient to produce the bank’s latest sustainable cards to fight against climate change.

Jun-2021: American Express entered into a partnership with Electronic Pay plus, Nigeria’s smart card manufacturer and payment Solution Company. This partnership aimed to produce a range of smart cards.

Mar-2021: Thales teamed up with Veolia, a French transnational company. This collaboration aimed to make the first eco-designed SIM card manufactured from recycled plastic, which is a part of Thales strategy to decrease the carbon footprint of all its products & services.

Dec-2020: IDEMIA came into a partnership and distribution agreement with ZWIPE, a Norwegian biometric technology company. This partnership aimed to promote biometric cards as the reference for the upcoming contactless payments.

Dec-2020: IDEMIA teamed up with Rocker, a Swedish challenger bank. Together, the companies would bring their F.CODE biometric payment cards to Sweden. These F.CODE cards would enable cardholders to carry out contactless payments safely through fingerprint authentication.

Nov-2020: American Express formed a partnership with MobiKwik, a leading fintech platform. This partnership aimed to introduce MobiKwik Blue American Express Card, a digital prepaid Card.

Oct-2020: IDEMIA collaborated with MasterCard and MatchMove. This collaboration aimed to introduce a biometric card, which utilizes a fingerprint to allow transactions at in-store payment terminals. The card named F.CODE Easy takes the effortless and instinctive experience of biometric authentication from a smartphone to a smart card. This card makes transactions simpler, safe and secure by eradicating the requirement for a cardholder to give a PIN number or signature, and thus, decreasing touch points in public places.

Sep-2020: American Express came into a partnership with SBI Card. This partnership aimed to provide a powerful mix of global advantages and exclusive privileges for discerning users in India. Through this partnership, SBI Card`s top-end premium products like SBI Card ELITE and SBI Card PRIME would be accessible on American Express’ global merchant network.

Aug-2020: Infineon Technologies collaborated with Fingerprint Cards, a Swedish biometrics company. In this collaboration, Fingerprints’ biometric technology would integrate with Infineon’s expertise in energy efficiency, chip security, and contactless performance, to develop a system solution, which would be simple to combine and provide their users a head starts in an emerging growth market.

Product Launches and Product Expansions:

Apr-2021: IDEMIA launched a new biometric payment card. This card enables customers to authorize payments with fingerprint recognition and features the latest TrustedBio sensor from IDEX Biometrics. As per IDEX, the IDEMIA offering is the most efficient card integration and would provide a high level of biometric performance.

Mar-2021: Giesecke & Devrient (G+D) along with IDEMIA and NXP Semiconductors unveiled the White Label Alliance (WLA). WLA establishes and updates an open and complete payment standard, which allows ready-to-deploy dual interface payment solutions including mobile devices, contact & contactless payment cards, and payment terminal acceptance.

Jun-2020: NXP Semiconductors launched its latest MIFARE DESFire EV3 IC. This new IC is backward compatible and provides improved performance with a more operating distance and enhanced transaction speed. In addition, the latest IC has advanced features to provide faster, safer transactions, which are actually contactless like paying for parking, accessing offices or campuses, and utilizing other important city services, all touch-free.

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 Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia Pacific


o Brazil

o Argentina


o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• 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

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Automatic Identification & Data Capture Market Research Report by Product, by Offering, by Vertical, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 3949
  • January 2022
  • 182 pages

Automatic Identification & Data Capture Market Research Report by Product (Barcodes, Biometric System, and Magnetic Stripe Cards), by Offering (Hardware, Services, and Software), by Vertical, by Region ...

  • World
  • Smart Card
  • RFID
  • Industry analysis


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on