Medical Device Security Market to Registers 8.6% Growth Rate to 2023, Overview by Network Security, Antivirus and Encryption

The global medical device security market is projected to reach USD 6.59 Billion by 2023 from 4.36 Billion in 2018, at a CAGR of 8.6%. Factors such as increasing instances of healthcare cyberattacks and threats, growth in geriatric population and subsequent growth in chronic disease management.

Geographically, medical device security market is segmented into North America, Europe, Asia Pacific, the Rest of Latin America, and the Middle East & Africa. In 2018, North America expected to account for largest share of market followed by Europe.

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Study estimates medical device security market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report.

Medical Device Security Market, By Type
1 Introduction
2 Network Security
3 Endpoint Security
4 Application Security
5 Cloud Security

Medical Device Security Market, By Device Type
1 Introduction
2 Hospital Medical Devices
3 Wearable and External Medical Devices
4 Internally Embedded Medical Devices

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Prominent players in the global medical device security market include Cisco Systems (US), IBM (US), GE Healthcare (US), Symantec (US), CA Technologies (US), Philips (Netherlands), DXC Technology (US), CloudPassage (US), FireEye (US), Check Point Software Technologies (Israel), Sophos (UK), Imperva (US), Fortinet (US), Palo Alto Networks (US), ClearDATA (US), and Zscaler (US)

Key Target Audience
• Medical device security service providers
• Suppliers and distributors of medical device security solutions
• Independent software vendors (ISVs)
• Medical device manufacturers
• Healthcare providers (including hospitals and clinics)
• Healthcare institutions
• Healthcare payers
• Market research and consulting firms
• Venture capitalists and investors

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North America is expected to command medical device security market largest share of the market in 2018 primarily driven by increasing instances of cyberattacks on medical devices, growing adoption of connected medical devices, increasing awareness among healthcare professionals regarding cybersecurity, and government initiatives to implement security solutions are driving the medical device security market in the region.

Competitive Landscape
1 Overview
2 Market Share Analysis
3 Competitive Situation and Trends
4 Product Launches
5 Partnerships, Agreements, and Collaborations
6 Mergers and Acquisitions
7 Expansions

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