Global Smart Card In Healthcare Market Size & Outlook

The smart card in healthcare industry worldwide is expected to reach a projected revenue of US$ 2,456.5 million by 2028. A compound annual growth rate of 12.4% is expected of the worldwide smart card in healthcare industry from 2022 to 2028.
Revenue, 2021 (US$M)
$1,087.2
Forecast, 2028 (US$M)
$2,456.5
CAGR, 2022 - 2028
12.3%
Report Coverage
Worldwide

Global smart card in healthcare market highlights

  • The global smart card in healthcare market generated a revenue of USD 1,087.2 million in 2021 and is expected to reach USD 2,456.5 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 12.4% by 2028.
  • In terms of segment, contactless smart cards accounted for a revenue of USD 304.4 million in 2021.
  • Hybrid Smart Cards is the most lucrative product type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2021.
  • Country-wise, Spain is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 1,087.2 million
Market revenue in 2028USD 2,456.5 million
Growth rate12.4% (CAGR from 2021 to 2028)
Largest segmentContactless smart cards
Fastest growing segmentHybrid Smart Cards
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHybrid Smart Cards, Contactless Smart Cards, Contact-Based Smart Cards, Dual-Interface Smart Cards

Other key industry trends

  • In terms of revenue, the North America accounted for 25.6% of the global smart card in healthcare market in 2021.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 114.4 million by 2028.

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Smart Card In Healthcare Market Companies

Name Profile # Employees HQ Website

Global smart card in healthcare market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart card in healthcare market will help companies and investors design strategic landscapes.


Contactless smart cards was the largest segment with a revenue share of 28% in 2021. Horizon Databook has segmented the Global smart card in healthcare market based on hybrid smart cards, contactless smart cards, contact-based smart cards, dual-interface smart cards covering the revenue growth of each sub-segment from 2016 to 2028.


  • Global Smart Card In Healthcare Product type Outlook (Revenue, USD Million, 2016-2028)
    • Hybrid Smart Cards
    • Contactless Smart Cards
    • Contact-Based Smart Cards
    • Dual-Interface Smart Cards
  • Global Smart Card In Healthcare Component Outlook (Revenue, USD Million, 2016-2028)
    • Memory-Card Based Smart Cards
    • Microcontroller Based Smart Cards

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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart card in healthcare market , including forecasts for subscribers. This global databook contains high-level insights into Global smart card in healthcare market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Global smart card in healthcare market size, by region, 2016-2028 (US$M)

Top 10 countries: Smart card in healthcare market size, 2021 (US$M)

Global smart card in healthcare market share, by product type, 2021 & 2028 (%, US$M)

Smart card in healthcare market: Opportunity assessment by country

Global smart card in healthcare market, by region, 2021 (US$M)

Global smart card in healthcare market size, by region, 2016-2028 (US$M)

Product type 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR
North America 139.5 181.4 228.9 243.4 258.9 278.3 302.4 332.2 368.8 413.8 469.1 537.3 621.8 12.2%
Europe 182.2 235.8 296.2 313.4 331.5 354.6 383.4 418.9 462.7 516.4 582.3 663.4 763.5 11.6%
Asia Pacific 167.5 219.9 280.1 300.6 322.5 349.9 383.7 425.2 476.3 539.1 616.6 712.4 831.5 13.2%
Latin America 31.9 41.8 53.2 57.0 61.1 66.2 72.5 80.2 89.8 101.5 115.9 133.8 156.0 13.0%
MEA 19.5 25.2 31.8 33.7 35.7 38.3 41.5 45.4 50.3 56.3 63.6 72.6 83.8 11.8%
Overall 540.6 704.2 890.2 948.1 1,009.7 1,087.2 1,183.4 1,302.0 1,447.9 1,627.0 1,847.5 2,119.5 2,456.5 12.4%

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