According to IMARC Group’s latest report, titled “Medical Device Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global medical device security market reached a value of US$ 7.21 Billion in 2021. Medical device security refers to tools and techniques that prevent an attacker from gaining unauthorized access to or controlling medical devices and the data they generate. Increasing security threats on healthcare facilities, medical devices, and the theft of personal data of patients have led to the implementation of several strict security guidelines.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report

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With the rising use of medical healthcare devices, medical institutions and hospitals are becoming aware of the importance of improving network security. The increasing demand for connected medical devices and stringent government regulations, coupled with the need for compliance, are the other factors boosting the medical device security market. In addition, the increasing integration of advanced technologies in the healthcare sector, such as the Internet of Things (IoT), cloud-based health record systems, and artificial intelligence (AI), is also creating a heightened need for security solutions. In line with this, various market players have adopted multiple strategies to strengthen their foothold and increase their market penetration. Looking forward, IMARC Group expects the market to reach US$ 17.62 Billion by 2027, exhibiting at a CAGR of 15.9% during 2022-2027.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical device security market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on device type, component, deployment mode and end user.

Competitive Landscape:

• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
• ClearDATA
• FireEye (Symphony Technology Group)
• Fortinet Inc.
• General Electric Company
• International Business Machines Corporation
• Koninklijke Philips N.V.
• McAfee Corp.
• Medigate
• Palo Alto Networks Inc
• Synopsys Inc.

Breakup by Device Type:

• Stationery Medical Devices
• Internally Embedded Medical Devices
• External Medical Devices and Consumer Wearable

Breakup by Component:

• Solution
  • Identity and Access Management Solutions
  • Antivirus and Antimalware Solutions
  • Encryption Solutions
  • Data Loss Prevention Solutions
  • Risk and Compliance Management
  • Intrusion Detection Systems and Intrusion Prevention Systems
  • Disaster Recovery Solutions
  • Distributed Denial of Service Solutions
  • Others
• Services

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by End User:

• Healthcare Institutions
• Medical Device Manufacturers
• Others

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Key highlights of the report:                                                           

• Market Performance (2015-2020)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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