Medical Device Security Market Merger, Acquisition, SWOT Analysis, PESTELE Analysis and Business Opportunities by 2031

The market for medical device security is expected to grow rapidly, with a predicted worth of $18,526.3 million by 2031 and a consistent CAGR of 11.2% from 2021 to 2031. The market is expanding as a result of the rising demand for linked medical devices and the use of digital solutions for the gathering and storage of patient data. Along with these factors, the market's steady expansion is also greatly aided by the rise in cyberthreats and attacks against the healthcare sector, as well as developments in technologies like the Internet of Things (IoT), cloud computing, and artificial intelligence (AI).

Connected medical devices that allow for remote monitoring and real-time patient data collecting are becoming more and more necessary as the population ages and the management of chronic diseases becomes more and more important. These tools are essential for optimising patient care and enhancing therapeutic results. Security flaws are another side effect of the increasing connection of medical equipment. The medical device security market tackles these issues by providing solutions that safeguard patient data's privacy and integrity from unauthorised access, data breaches, and potential cyber threats.

Get Full PDF Sample Copy of Report: https://marketdatalibrary.com/download-sample/4042

The market for medical device security is expanding in part due to the increased use of digital technologies for patient data collection and storage. To improve patient care and streamline operations, healthcare providers are progressively implementing electronic health records (EHRs), telemedicine platforms, and other digital tools. These digital technologies are appealing targets for cyberattacks because they communicate and preserve private medical data. Solutions for medical device security give these digital systems the protection they need, guaranteeing the privacy and security of patient data.

The demand for connected medical devices, improvements in digital solutions, an increase in cyberattacks against the healthcare sector, IoT, cloud computing, and AI technological advancements, as well as government regulations and compliance requirements, are all expected to drive significant growth in the global medical device security market. Businesses working in this industry can take advantage of the rising need for medical device security to achieve significant growth, with an estimated worth of $18,000 million by 2031.

Highlighted with 83 tables and 91 figures, this 172-page report “Global Medical Device Security Market 2021-2031 by Component (Solutions, Services), Security Type (Endpoint Security, Network Security, Cloud Security, Application Security), Device Type (Stationery, Embedded, Wearable), Deployment Mode (On-premise, Cloud-based), End User (Healthcare Providers, Medical Device Manufacturers, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global medical device security market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global medical device security market in every aspect of the classification from perspectives of Component, Security, Device Type, Deployment Mode, End User, and Region.

View Report Scope and Latest Developments in the Market: MW Link https://www.marketwatch.com/press-release/medical-device-security-market-merger-acquisition-swot-analysis-pestele-analysis-and-business-opportunities-by-2032-2023-06-04?mod=search_headline

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Solutions

o             Identity & Access Management (IAM)

o             Intrusion Detection System/Intrusion Prevention System (IDS/IPS)

o             Encryption

o             Disaster Recovery

o             Distributed Denial of Service (DDoS)

o             Antivirus & Antimalware

o             Data Loss Prevention (DLP)

o             Risk and Compliance Management

o             Other Solutions

• Services

o             Implementation & Integration Service

o             Consulting & Training Service

o             Support & Maintenance service

Based on Security, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

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

By Device Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

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

By Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• On-premise Medical Device Security
• Cloud-based Medical Device Security

By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Healthcare Providers
• Medical Device Manufacturers
• Other End Users

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of national markets by Component, Security Type, and Device Type over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

• CA Technologies, Inc.
• Check Point Software Technologies Ltd.
• Cisco Systems, Inc.
• ClearDATA
• DXC Technology
• FireEye (Symphony Technology Group)
• Fortinet Inc.
• GE Healthcare
• IBM Corporation
• Koninklijke Philips N.V.
• McAfee, LLC
• Palo Alto Networks
• Sophos Ltd.
• Symantec Corporation
• Zscaler, Inc.

View Complete TOC and Figures & Graphs of Medical Device Security Industry Report https://marketdatalibrary.com/free-customization/4042

About Market Data Library:

Market Data Library is committed to providing clients with high-quality market research that is tailored to their specific needs. The Market Data Library provides corporate intelligence studies that ensure reliable and accurate research data across a diverse range of industries, including Health Care, Chemicals, Packaging, ICT, Automotive, Industrial Automation, Agriculture, and Finance. Our team is comprised of various departments, including sales, operations, finance, research, and analytics, as well as the scientist and data scientist teams. Our business offerings portray the most up-to-date, rational information a company needs to compete effectively. To guarantee that our clients have access to information and insights whenever they need them, we provide 24/7 research support.

Contact Us

Market Data Library

Tel: +1-(718)-312-8686

Email: [email protected]

Website: marketdatalibrary.com/

LinkedIn | Facebook | Twitter