Global Medical Device Security Market size is expected to grow at a CAGR of 8.47% during the forecast period and the market size is expected to reach nearly US$ 10.72 Bn. by 2029. The medicinal gadgets consist of checking and perceiving ability across various system access leading to infringement, and vulnerabilities. The application of a managed detection and response arrangement enables to keep track of various medical devices. The market is favored by the growing adoption of wearable devices with more than US$ 800 million in revenue in 2022 itself.To Know About The Research Methodology:- Request Free Sample Report The report study has analyzed the revenue impact of a covid-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. Factors such as rise in instances of healthcare cyberattacks and threats, along with subsequent growth in chronic disease management are a few key factors that have boosted the overall market growth. Moreover, government regulations and compliance, rise in adoption of connected medical devices, and growing application of cyber-security solutions are few other factors boosting the medical device security market. However, it is the limitations in the healthcare security budgets along with the lack of infrastructure to manage even the basic security protections that forms the key restraints for the market.
Medical Device Security Market Segment Analysis:
The service segment is expected to hold the largest market share among other components for the medical device security market globally. Factors such as the support & maintenance services for protecting connected medical devices and protecting healthcare IT infrastructure from the growing number of cyber-attacks have acted as drivers for the growth of services segment. The market is segmented by component, security, device type, end-user, and region. By device type the market is segmented into hospital medical devices, wearable medical devices, and embedded medical devices. The wearable medical devices are expected to account for one of the fastest growth rate that is because of the huge penetration of internet within the healthcare sector as well as growing adoption of receiving the real-time health information for monitoring the patients’ health. Rise in adoption of connected medical devices have also been a major factor that is driving the overall market growth for medical device security. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East, and Latin America. North America is expected to hold the largest market share chiefly driven by reasons that include increasing instances of cyber-attacks for getting confidential patient information, along with increasing awareness among healthcare professionals regarding cyber-security. Improvement in healthcare related government policies and improving healthcare infrastructure are also the chief drivers that have driven the market growth of market globally.Key Highlights:
Medical Device Security Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the market Medical Device Security Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. The Medical Device Security Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Medical Device Security Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the market are also profiled.Medical Device Security Market Scope: Inquire before buying
Global Medical Device Security Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 6.06 Bn. Forecast Period 2023 to 2029 CAGR: 8.47% Market Size in 2029: US $ 10.72 Bn. Segments Covered: by Component Solution Services by Security Endpoint Wireless Network Application Cloud by Device Type Hospital Medical Devices Wearable Medical Devices Embedded Medical Devices by End-User Hospitals Medical Device manufacturers Others Medical Device Security Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. GE Healthcare 2. Cisco Systems 3. Symantec Corporation 4. International Business Machines Corporation (IBM) 5. CA Technologies 6. Mcafee 7. Fortinet 8. Zscaler 9. Palo Alto Networks 10. Cleardata 11. DXC Technology 12. Sophos 13. Fireeye 14. Check Point Software Technologies 15. Cloudpassage 16. Koninklijke Philips N.V. 17. Imperva 18. IBM 19. Battelle Memorial Institute 20. Microsoft 21. Palo Alto Network Inc Frequently Asked Questions: 1. Which region has the largest share in Global Medical Device Security Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Medical Device Security Market? Ans: The Global Medical Device Security Market is growing at a CAGR of 8.47% during forecasting period 2023-2029. 3. What is scope of the Global Medical Device Security market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Medical Device Security market? Ans: The important key players in the Global market are – GE Healthcare, Cisco Systems, Symantec Corporation, International Business Machines Corporation (IBM), CA Technologies, Mcafee, Fortinet, Zscaler, Palo Alto Networks, Cleardata, DXC Technology, Sophos, Fireeye, Check Point Software Technologies, Cloudpassage, Koninklijke Philips N.V., Imperva, IBM, Battelle Memorial Institute, Microsoft, and Palo Alto Network Inc 5. What is the study period of this market? Ans: The Global market is studied from 2022 to 2029.
Medical Device Security Market
1. INTRODUCTION 1.1. Medical Device Security Market description & Scope (2022-2029) 1.2. Objectives 1.2.1. Key Takeaways 1.2.2. Abbreviations & Acronyms 2. RESEARCH METHODOLOGY 2.1. Methods used for market forecasting 2.2. Data Sources 2.2.1. Paid Databases 2.2.2. Primary Sources 2.2.3. Secondary Sources 3. EXECUTIVE SUMMARY 3.1. Medical Device Security Market, Major Findings 3.1.1. Medical Device Security Market, Key Segment Trends 3.1.1.1. Component 3.1.1.2. Security 3.1.1.3. Device Type 3.1.1.4. End-user 3.1.2. Medical Device Security Market, Key Regional Trends 3.2. Medical Device Security Market, Key Companies and their Strategies 4. MARKET OVERVIEW 4.1. Medical Device Security Concept & Definition 4.2. Segments Overview 4.2.1. Medical Device Security Market, By Component 4.2.1.1. Platform 4.2.1.2. Solution 4.2.1.3. Services 4.2.1.3.1. Professional 4.2.1.3.2. Managed 4.2.2. Medical Device Security Market, By Security 4.2.2.1. Endpoint 4.2.2.2. Wireless 4.2.2.3. Network 4.2.2.4. Application 4.2.2.5. Cloud 4.2.3. Medical Device Security Market, By Device Type 4.2.3.1. Hospital Medical Devices 4.2.3.2. Wearable Medical Devices 4.2.3.3. Embedded Medical Devices 4.2.4. Medical Device Security Market, By End-user 4.2.4.1. Hospitals 4.2.4.2. Medical Device manufacturers 4.2.4.3. Others 4.3. Medical Device Security Market, Market Dynamics 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.4. Porter’s Analysis 4.5. PESTLE Analysis 4.6. Fragmentation 4.6.1. Key strategic Alliances of companies (inorganic & organic) 4.6.2. Company Market Share (Top 10 Players) 4.6.3. Comparative Analysis of Key players in Medical Device Security 4.7. Key Trends In Medical Device Security Market 5. MEDICAL DEVICE SECURITY COMPONENT ESTIMATES & TREND ANALYSIS (2022-2029) 5.1. Medical Device Security Market: Component Analysis 5.1.1. Solution 5.1.1.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 5.1.2. Services 5.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 5.2. Medical Device Security Market: Component Trends 6. MEDICAL DEVICE SECURITY, SECURITY ESTIMATES & TREND ANALYSIS (2022-2029) 6.1. Medical Device Security Market: Security Analysis 6.1.1. Endpoint 6.1.1.1. Market Share and growth forecasts,2022-2029 (USD Billion) 6.1.2. Wireless 6.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.3. Network 6.1.3.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.4. Application 6.1.4.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.1.5. Cloud 6.1.5.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 6.2. Medical Device Security Market: Security Trends 7. MEDICAL DEVICE SECURITY DEVICE TYPE ESTIMATES & TREND ANALYSIS (2022-2029) 7.1. Medical Device Security Market: Device Type Analysis 7.1.1. Hospital Medical Devices 7.1.1.1. Market Share and growth forecasts,2022-2029 (USD Billion) 7.1.2. Wearable Medical Devices 7.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.1.3. Embedded Medical Devices 7.1.3.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 7.2. Medical Device Security Market: Device Type Trends 8. MEDICAL DEVICE SECURITY END-USER ESTIMATES & TREND ANALYSIS (2022-2029) 8.1. Medical Device Security Market: End-user Analysis 8.1.1. Hospitals 8.1.1.1. Market Share and growth forecasts,2022-2029 (USD Billion) 8.1.2. Medical Device manufacturers 8.1.2.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 8.1.3. Others 8.1.3.1. Market Share and growth forecasts, 2022-2029 (USD Billion) 8.2. Medical Device Security Market: End-user Trends 9. REGIONAL ESTIMATES & TREND ANALYSIS (2022-2029) 9.1. North America Medical Device Security market share by Region, 2022 & 2029 9.2. North America 9.2.1. North America Medical Device Security market, Market Share and growth forecasts, 2022-2029 (USD Billion) 9.2.2. Medical Device Security Drivers for North America Market 9.2.3. Market Share Analysis and Growth Forecast, by Country 9.2.3.1. US 9.2.3.2. Canada 9.2.4. Country-wise GDP Growth Forecast 9.2.5. Medical Device Security Trends In North America Market 9.3. Europe 9.3.1. Europe Medical Device Security market, Market Share and growth forecasts, 2022-2029 (USD Billion) 9.3.2. Medical Device Security Drivers For Europe Market 9.3.3. Market Share Analysis and Growth Forecast, by Country 9.3.3.1. UK 9.3.3.2. Germany 9.3.3.3. France 9.3.3.4. Russia 9.3.3.5. Spain 9.3.3.6. Italy 9.3.3.7. Others 9.3.4. Country-wise GDP Growth Forecast 9.3.5. Medical Device Security Trends In Europe Market 9.4. Asia Pacific 9.4.1. Asia Pacific Medical Device Security market, Market Share and growth forecasts, 2022-2029 (USD Billion) 9.4.2. Medical Device Security Drivers for Asia Pacific Market 9.4.3. Market Share Analysis and Growth Forecast, by Country 9.4.3.1. China 9.4.3.2. Japan 9.4.3.3. India 9.4.3.4. South Korea 9.4.3.5. Australia 9.4.3.6. Others 9.4.4. Country-wise GDP Growth Forecast 9.4.5. Medical Device Security Trends In Asia Pacific Market 9.5. Middle-east and Africa 9.5.1. Middle-east and Africa Medical Device Security market, Market Share and growth forecasts, 2022-2029 (USD Billion) 9.5.2. Medical Device Security Drivers for Middle-east and Africa Market 9.5.3. Market Share Analysis and Growth Forecast, by Country 9.5.3.1. GCC Countries 9.5.3.2. Saudi Arabia 9.5.3.3. Others 9.5.4. Medical Device Security Trends In Middle-east and Africa Market 9.6. Latin America 9.6.1. Latin America Medical Device Security market, Market Share and growth forecasts, 2022-2029 (USD Billion) 9.6.2. Medical Device Security Drivers for Latin America Market 9.6.3. Market Share Analysis and Growth Forecast, by Country 9.6.3.1. Brazil 9.6.3.2. Mexico 9.6.3.3. Others 9.6.4. Medical Device Security Trends In Latin America Market 10. MARKET COMPETITION ANALYSIS 10.1. Strategy Framework 10.2. Consolidation 10.2.1. Patent Analysis 10.2.2. Mergers & Acquisitions 10.2.2.1. Product Based 10.2.2.2. Services Based 10.2.2.3. Region Based 10.2.2.4. List of Mergers & Acquisitions 10.2.3. Company Benchmarking (Revenue & Profit Based) 10.2.4. Strategic Assessment of Company Consolidations 10.2.5. Emerging Business Models 10.3. Company Profiles 10.3.1. GE Healthcare 10.3.1.1. Company overview 10.3.1.2. Key financials 10.3.1.3. Geographical presence 10.3.1.4. Product and Business Segments 10.3.1.5. Strategic initiatives 10.3.1.6. SWOT analysis 10.3.1.7. Competitive positioning and landscape 10.3.2. Cisco Systems 10.3.2.1. Company overview 10.3.2.2. Key financials 10.3.2.3. Geographical presence 10.3.2.4. Product and Business Segments 10.3.2.5. Strategic initiatives 10.3.2.6. SWOT analysis 10.3.2.7. Competitive positioning and landscape 10.3.3. Symantec Corporation 10.3.3.1. Company overview 10.3.3.2. Key financials 10.3.3.3. Geographical presence 10.3.3.4. Product and Business Segments 10.3.3.5. Strategic initiatives 10.3.3.6. SWOT analysis 10.3.3.7. Competitive positioning and landscape 10.3.4. International Business Machines Corporation (IBM) 10.3.4.1. Company overview 10.3.4.2. Key financials 10.3.4.3. Geographical presence 10.3.4.4. Product and Business Segments 10.3.4.5. Strategic initiatives 10.3.4.6. SWOT analysis 10.3.4.7. Competitive positioning and landscape 10.3.5. CA Technologies 10.3.5.1. Company overview 10.3.5.2. Key financials 10.3.5.3. Geographical presence 10.3.5.4. Product and Business Segments 10.3.5.5. Strategic initiatives 10.3.5.6. SWOT analysis 10.3.5.7. Competitive positioning and landscape 10.3.6. Mcafee 10.3.6.1. Company overview 10.3.6.2. Key financials 10.3.6.3. Geographical presence 10.3.6.4. Product and Business Segments 10.3.6.5. Strategic initiatives 10.3.6.6. SWOT analysis 10.3.6.7. Competitive positioning and landscape 10.3.7. Fortinet 10.3.7.1. Company overview 10.3.7.2. Key financials 10.3.7.3. Geographical presence 10.3.7.4. Product and Business Segments 10.3.7.5. Strategic initiatives 10.3.7.6. SWOT analysis 10.3.7.7. Competitive positioning and landscape 10.3.8. Zscaler 10.3.8.1. Company overview 10.3.8.2. Key financials 10.3.8.3. Geographical presence 10.3.8.4. Product and Business Segments 10.3.8.5. Strategic initiatives 10.3.8.6. SWOT analysis 10.3.8.7. Competitive positioning and landscape 10.3.9. Palo Alto Networks 10.3.9.1. Company overview 10.3.9.2. Key financials 10.3.9.3. Geographical presence 10.3.9.4. Product and Business Segments 10.3.9.5. Strategic initiatives 10.3.9.6. SWOT analysis 10.3.9.7. Competitive positioning and landscape 10.3.10. Cleardata 10.3.10.1. Company overview 10.3.10.2. Key financials 10.3.10.3. Geographical presence 10.3.10.4. Product and Business Segments 10.3.10.5. Strategic initiatives 10.3.10.6. SWOT analysis 10.3.10.7. Competitive positioning and landscape 10.3.11. DXC Technology 10.3.11.1. Company overview 10.3.11.2. Key financials 10.3.11.3. Geographical presence 10.3.11.4. Product and Business Segments 10.3.11.5. Strategic initiatives 10.3.11.6. SWOT analysis 10.3.11.7. Competitive positioning and landscape 10.3.12. Sophos 10.3.12.1. Company overview 10.3.12.2. Key financials 10.3.12.3. Geographical presence 10.3.12.4. Product and Business Segments 10.3.12.5. Strategic initiatives 10.3.12.6. SWOT analysis 10.3.12.7. Competitive positioning and landscape 10.3.13. Fireeye 10.3.13.1. Company overview 10.3.13.2. Key financials 10.3.13.3. Geographical presence 10.3.13.4. Product and Business Segments 10.3.13.5. Strategic initiatives 10.3.13.6. SWOT analysis 10.3.13.7. Competitive positioning and landscape 10.3.14. Check Point Software Technologies 10.3.14.1. Company overview 10.3.14.2. Key financials 10.3.14.3. Geographical presence 10.3.14.4. Product and Business Segments 10.3.14.5. Strategic initiatives 10.3.14.6. SWOT analysis 10.3.14.7. Competitive positioning and landscape 10.3.15. Cloudpassage 10.3.15.1. Company overview 10.3.15.2. Key financials 10.3.15.3. Geographical presence 10.3.15.4. Product and Business Segments 10.3.15.5. Strategic initiatives 10.3.15.6. SWOT analysis 10.3.15.7. Competitive positioning and landscape 10.3.16. Koninklijke Philips N.V. 10.3.16.1. Company overview 10.3.16.2. Key financials 10.3.16.3. Geographical presence 10.3.16.4. Product and Business Segments 10.3.16.5. Strategic initiatives 10.3.16.6. SWOT analysis 10.3.16.7. Competitive positioning and landscape 10.3.17. Imperva 10.3.17.1. Company overview 10.3.17.2. Key financials 10.3.17.3. Geographical presence 10.3.17.4. Product and Business Segments 10.3.17.5. Strategic initiatives 10.3.17.6. SWOT analysis 10.3.17.7. Competitive positioning and landscape 10.3.18. IBM 10.3.19. Battelle Memorial Institute 10.3.20. Microsoft 10.3.21. Palo Alto Network Inc