Medical Device Security Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast Till 2027

 

According to the published report by Market Research Future (MRFR), the global medical device security market is anticipated to grow at a desirable rate of 8.8% over the review period between 2018 and 2023. The market valuation is slated to jump from USD 335.5 million in 2017 to 556.5 million by the end of 2023. In recent times, rising instances of cyber-attacks have intensified the need for a security system in the healthcare sector, thereby accelerating the demand for medical device security solutions. Advancements in cloud-based technology are expected to steer the growth of the market as well. The growing demand for connected medical devices is also expected to push the global medical device security market in a positive direction. The vast geriatric population is another important driver behind its market expansion. However, restriction with healthcare security budgets can cause a hindrance to the growth of the market in the forthcoming years.

Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6650

Market Segmentation

The global medical device security market segmentation is done on the basis of type, end-user, and component.

By component, the market divides into services and solutions. The solutions segment holds a majority of the market share percentage.

The solutions segment is narrowed down into antivirus/ antimalware solutions, risk & compliance management, identity & access management solutions, intrusion detection system/ intrusion prevention systems, encryption solutions, distributed denial of service solutions, data loss prevention solutions, disaster recovery solutions, and others.

The services segment is narrowed down into managed security services and professional services. Furthermore, the professional services segment breaks down into training & education, consulting services, design & integration, and support & maintenance.

By type, the market includes cloud security, network security, endpoint security, application security, and others. The endpoint security segment holds a majority of the market share in this segmentation category.

By end-user, the market includes medical device manufacturers, healthcare providers, and healthcare players. The healthcare providers segment dominates the global medical device security market.

Regional Analysis

The global medical device security market is geographically distributed into four major regions, namely Asia Pacific, Americas, Europe, and the Middle East and Africa.

The Americas hold the maximum share percentage in the global market landscape. This is due to the presence of various key players that are providing the healthcare sector with advanced security services, higher threat of cyber-attacks, and rapid implementation and adoption of Internet of Things (IoT) in this region.

Following the Americas, the European region holds the second largest market standing of medical device security. This is due to the rise in the utilization of advanced connected medical devices, growing occurrences of cybercrime, and continuous R&D expenditure done for the introduction of security solutions with high efficiency in the healthcare industry.

The Asia Pacific region is expected to garner the fastest growth in the global market. The rising usage of connected medical devices, operating with the help of IoT, and the rising concern associated with data security in the healthcare industry of developing nations are significantly contributing to the market’s positive growth trajectory.

Finally, the Middle East and African regions are expected to grow at a snail’s pace as compared to other regions in the global medical device security market due to the lack of penetration of advancing technologies in the healthcare sector of the underdeveloped regions in this area.

Competitive Landscape

The medical device security market holds various key players under the umbrella, including IBM (the U.S.), CA Technologies (the U.S.), GE Healthcare (the U.S.), Cisco Systems (the U.S.), CloudPassage (the U.S.), Fortinet (the U.S.), Check Point Software Technologies (Israel), DXC Technology (the U.S.), Sophos (the U.K.), Philips (Netherlands), ClearDATA (the U.S.). Imperva (the U.S.), Palo Alto Networks (the U.S.), Symantec (the U.S.), FireEye (the U.S.), and others.

Feb 13th, 2019, a global leader in healthcare IoT research, Zingbox, was named in the Constellation ShortList™ for Medical Device Security in Quarter 1 of 2019.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/medical-device-security-market-6650

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Have a Look at Related Reports:

Renal Disease Market - https://www.globenewswire.com/en/news-release/2019/07/30/1893392/0/en/Renal-Disease-Market-Size-Share-Is-Expected-To-Reach-USD-93375-70-Million-With-Expanding-at-a-CAGR-of-6-32-By-2023-Market-Research-Future.html

Medical Nutrition Market - https://www.globenewswire.com/en/news-release/2019/07/30/1893568/0/en/Medical-Nutrition-Market-Product-Categorization-by-Application-Exhibit-the-Industry-Growth-at-a-5-CAGR-till-2023-MRFR-Comprehensive-Overview-by-Leading-Key-Players-2019.html

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 

Location: New York, NY, USA

Comments

Post a Comment

Popular posts from this blog

Digital Pathology Market Research, Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2028

Image
  The growing number of innovations in the areas of pathology would further increase the size of the market to a great deal, in the next six years. According to MRFR, the Digital Pathology Market is expected to register a CAGR of 6.5% over the review period from 2021 to 2028 and expected to reach USD 1.4 Billion by 2028. Digital Pathology or Computational Pathology leverages completely new perceptions through data analysis, enabling pathologists to consult on treatment options. The rapidly evolving pathology sector is a key element of modern diagnostic practices. There have been several innovations and widespread adoption of digital pathology. It has long been realized that the traditional histopathology is inefficient as it exposes samples to various handlers, increasing the scope for human error. The digital pathology, on the other hand, eliminates the risk factors, while also providing the pathologist with the necessary images and clinical information to generate the most a...
Read more

Structural Heart Devices Market Size, Key Player Revenue, SWOT, PEST & Porter’s Analysis Till 2027

Image
Structural heart diseases   are problems associated with the valves or tissues of the heart. These diseases may be congenital or might be acquired later in life. Structural heart diseases include cardiomyopathy, myocarditis, aortic valve stenosis, heart valve disease, atrial septal defect, mitral valve regurgitation, and others. As per the latest report of Market Research Future (MRFR), the structural heart devices market is poised to expand at CAGR of 10.4% over the forecast period. The  structural heart devices market  is primarily driven by a radical rise in the incidence rate of non-coronary heart disorders, increased demand for minimally invasive surgical procedures, and improving reimbursement schemes. In the past few years, tremendous advances have been achieved with respect to the understanding of these diseases, and accordingly, therapeutic modalities have been developed. A number of clinical trials and technology developments are underway, which is likely to pro...
Read more

Anal Fissure Treatment Market Competitive Landscape, Growth Factors, Revenue Analysis Till 2030

Image
  The global  anal fissure treatment market  is expected to rise and touch a valuation of USD 2,526.5 million by 2023, at a 7.6% CAGR during the forecast period. Anal fissures are small tears near the mucosal lining of the anus. Deeper cuts may take a combination of oral and topical medicine to alleviate the pain. The anal fissure treatment market is expected to thrive owing to the booming pediatric and geriatric patient pool. Advances in technology coupled with various treatment options is likely to lead to a windfall for the market over the forecast period. High incidence of constipation is predicted to drive the need for anal fissure treatments. This is backed by vulnerability of the elderly which find it difficult to pass stools properly. According to the American Gastroenterological, nearly 33% of Americans above 60 experience the condition. Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/3841 Unhealthy lifestyles adopted by pat...
Read more