Healthcare

Medical Device Cybersecurity Solutions Market to Be $6.57 Billion by 2025 The Growth is Driven by Healthcare Cyberattacks and Threats

Medical Device Cybersecurity Solutions Market

This Medical Device Cybersecurity Solutions market analysis offers an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. The company profiles of all the key players and brands that are dominating the Medical Device Cybersecurity Solutions market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report. This report also gives you an idea about consumer’s demands, preferences, and their altering likings about particular product. A complete discussion about numerous market related topics in this Medical Device Cybersecurity Solutions market research report is sure to aid the client in studying the market on competitive landscape.

With this Global Medical Device Cybersecurity Solutions market research report, comprehensive analysis of the market structure along with forecast of the various segments and sub-segments of the Medical Devices industry can be obtained. The report comprises of all the market shares and approaches of key players in market. It also includes the detailed profiles for the Global Medical Device Cybersecurity Solutions market’s major manufacturers and importers who are influencing the market. A range of key factors are analysed in the report, which will help the buyer in studying the Medical Devices industry. Competitive landscape analysis is performed based on the prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in global Global Medical Device Cybersecurity Solutions market considering the past, present and future state of the industry.

Global Medical Device Cybersecurity Solutions Market is set to witness a stable CAGR in the forecast period of 2019-2026. The report contains data of the base year 2017 and historic year 2018. Rising cyberattacks and threats is the major factor for the growth of this market.

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Market Definition: Global Medical Device Cybersecurity Solutions Market 

Cybersecurity are specially designed to protect the devices, data, software and other programs from unauthorized access and threats. They are very useful as it protects the important data and other sensitive information from uncertified access. In medical industry, there is increase in the data theft due to increasing connected medical devices. Increasing adoption of Byod and IoT is the major factor for the growth of this market.

Market Drivers

  • Rising geriatric population which leads to chronic disease management is the major factor for the growth of this market
  • Increasing prevalence for connected medical device is another factor driving the market growth

Market Restraints

  • Dearth of awareness about the healthcare security among population is restraining the market growth
  • Limited budget amount for healthcare security is another factor restraining the market.

Segmentation: Global Medical Device Cybersecurity Solutions Market 

By Solutions

  •  Identity & Access Management Solutions
  •  Antivirus/Antimalware Solutions
  •  Encryption Solutions
  •  Data Loss Prevention Solutions
  •  Risk & Compliance Management
  •  Intrusion Detection Systems/Intrusion Prevention Systems
  •  Disaster Recovery Solutions
  •  Distributed Denial of Service Solutions
  •  Other Solutions

By Type

  •  Network Security
  •  Endpoint Security
  •  Application Security
  •  Cloud Security
  •  Other Security Types

By Device Type

  •  Hospital Medical Devices
  •  Wearable and External Medical Devices
  •  Internally Embedded Medical Devices

By End- User

  •  Healthcare Providers
  •  Medical Device Manufacturers
  •  Healthcare Payers

By Geography

North America

    • US.
    • Canada
    • Mexico

South America

    • Brazil
    • Argentina
    • Rest of South America

Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

Middle East & Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East & Africa

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Key Developments in the Market:

  • In February 2019, Atos announced the launch of their new cybersecurity solution for healthcare market. The main aim of the launch is to fight against cyber threats, so that they can secure valuable patient data. These new solutions include cloud security, identity management and managed security services so that they can increase the patient care.
  • In April 2017, WISeKey International Holding Ltd announced that they have acquired QuoVadis Holdings Ltd. This acquisition will help the WISeKey to improve their position as Vertical Platforms for IoT Security Technologies. This new technologies will help the company to provide better solutions to their customers and will provide them secure and high- availability trust center environments.

Competitive Analysis: Global Medical Device Cybersecurity Solutions Market 

Global medical device cybersecurity solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical device cybersecurity solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Medical Device Cybersecurity Solutions Market 

Few of the major competitors currently working in the global medical device cybersecurity solutions market are Cisco Systems, Symantec Corporation, IBM Corporation, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Broadcom, McAfee, LLC., Check Point Software Technologies Ltd., CLOUDPASSAGE AND HALO,  Palo Alto Networks, Inc, ClearDATA, DXC Technology Company, Sophos Ltd., Imperva, Fortinet, Inc., Zscaler, Inc., FireEye, Inc.

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Reasons to Purchase this Report

  • Current and future of global medical device cybersecurity solutions market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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