Market Overview:
The global medical device security market reached a value of US$ 7.21 Billion in 2021. 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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Medical device security refers to the implementation of tools, techniques and procedures for preventing unauthorized access to medical devices. The security solutions enable healthcare providers to track patients and healthcare data and secure sensitive information from security threats and attacks, such as leakage of data and unlawful control of medical equipment. Medical device security utilizes encryption, data loss prevention, identity and access management, antivirus and antimalware, risk and compliance solutions and services that can be deployed on-premises or on the cloud. They also aid in preventing invasion of privacy, maintaining health records and increasing diagnostic accuracy. As a result, medical device security solutions are widely used across hospitals, clinics, diagnostic laboratories and ambulatory surgical centers.
Medical Device Security Market Trends:
The increasing instances of cyber-attacks and threats in the healthcare industry represent one of the key factors driving the growth of the market. Medical device security is widely used for data and system protection from unauthorized manipulation and malicious software to safeguard patient records that are critical to hospitals. Additionally, the widespread adoption of digital solutions for automated collection and storage of data for improving patient care and reducing errors is favoring the market growth. Moreover, various technological advancements, such as the integration of healthcare systems with artificial intelligence (AI) and the Internet of Things (IoT) solutions, are providing a thrust to the market growth. These technologies aid in protecting systems, networks and data by identifying and neutralizing cyber threats and malicious activities with security monitoring and real-time dynamic threat intelligence. Other factors, including the implementation of various government initiatives promoting the adoption of digital security solutions in the healthcare industry, along with the widespread adoption of cloud-based medical device security solutions, are anticipated to drive the market toward growth.
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.
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:
Breakup by End User:
- Healthcare Institutions
- Medical Device Manufacturers
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Synopsys Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Device Type, Component, Deployment Mode, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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. and Synopsys Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Device Security Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Device Type
6.1 Stationery Medical Devices
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Internally Embedded Medical Devices
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 External Medical Devices and Consumer Wearable
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1 Solution
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Identity and Access Management Solutions
7.1.2.2 Antivirus and Antimalware Solutions
7.1.2.3 Encryption Solutions
7.1.2.4 Data Loss Prevention Solutions
7.1.2.5 Risk and Compliance Management
7.1.2.6 Intrusion Detection Systems and Intrusion Prevention Systems
7.1.2.7 Disaster Recovery Solutions
7.1.2.8 Distributed Denial of Service Solutions
7.1.2.9 Others
7.1.3 Market Forecast
7.2 Services
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment Mode
8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Healthcare Institutions
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Medical Device Manufacturers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Check Point Software Technologies Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Cisco Systems Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 ClearDATA
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 FireEye (Symphony Technology Group)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Fortinet Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 General Electric Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 International Business Machines Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Koninklijke Philips N.V.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 McAfee Corp.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Medigate
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Palo Alto Networks Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Synopsys Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Medical Device Security Market: Major Drivers and Challenges
Figure 2: Global: Medical Device Security Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Medical Device Security Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Medical Device Security Market: Breakup by Device Type (in %), 2021
Figure 5: Global: Medical Device Security Market: Breakup by Component (in %), 2021
Figure 6: Global: Medical Device Security Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Medical Device Security Market: Breakup by End User (in %), 2021
Figure 8: Global: Medical Device Security Market: Breakup by Region (in %), 2021
Figure 9: Global: Medical Device Security (Stationery Medical Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Medical Device Security (Stationery Medical Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Medical Device Security (Internally Embedded Medical Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Medical Device Security (Internally Embedded Medical Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Medical Device Security (External Medical Devices and Consumer Wearable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Medical Device Security (External Medical Devices and Consumer Wearable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Medical Device Security (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Medical Device Security (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Medical Device Security (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Medical Device Security (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Medical Device Security (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Medical Device Security (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Medical Device Security (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Medical Device Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Medical Device Security (Healthcare Institutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Medical Device Security (Healthcare Institutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Medical Device Security (Medical Device Manufacturers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Medical Device Security (Medical Device Manufacturers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Medical Device Security (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Medical Device Security (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: North America: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: North America: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Canada: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Canada: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Asia-Pacific: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Asia-Pacific: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: China: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: China: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Japan: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Japan: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: India: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: India: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: South Korea: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: South Korea: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Australia: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Australia: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Indonesia: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Indonesia: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Others: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Others: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Europe: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Europe: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Germany: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Germany: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: France: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: France: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: United Kingdom: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: United Kingdom: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Italy: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Italy: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Spain: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Spain: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Russia: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Russia: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Latin America: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Latin America: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Brazil: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Brazil: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Mexico: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Mexico: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Middle East and Africa: Medical Device Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Middle East and Africa: Medical Device Security Market: Breakup by Country (in %), 2021
Figure 77: Middle East and Africa: Medical Device Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Global: Medical Device Security Industry: SWOT Analysis
Figure 79: Global: Medical Device Security Industry: Value Chain Analysis
Figure 80: Global: Medical Device Security Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Medical Device Security Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Medical Device Security Market Forecast: Breakup by Devices Type (in Million US$), 2022-2027
Table 3: Global: Medical Device Security Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Medical Device Security Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Medical Device Security Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Medical Device Security Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Medical Device Security Market: Competitive Structure
Table 8: Global: Medical Device Security Market: Key Players