(EMAILWIRE.COM, February 07, 2019 ) 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.
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.
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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. 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.
#Table of Content
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Medical Device Security Market, By Component
8 Medical Device Security Market, By Type
9 Medical Device Security Market, By Device Type
10 Medical Device Security Market, By End User
11 Medical Device Security Market, By Region
12 Competitive Landscape
13 Company Profiles
#More Details on Medical Device Security Market with Forecast and Company Profiles at http://www.openpr.com/news/1521429/Medical-Device-Security-Market-Overview-by-Cisco-Systems-US-IBM-US-GE-Healthcare-US-Symantec-US-and-CA-Technologies-US.html .
The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall medical device security market and its segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.
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)
Market research and consulting firms
Venture capitalists and investors
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The application security segment is expected to register the highest growth rate during the forecast period, owing to the proliferation of connected medical devices and mobile devices, growing usage of web and mobile healthcare applications for remote patient monitoring and also the increasing demand for medical applications for physician use.