Medical Device Security Market Research Report, Size, Industry Forecast Analysis | Valuates Reports

The global Medical Device Security market was valued at US$ 3147 million in 2023 and is anticipated to reach US$ 4596.3 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.

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Similar to our smart phones and computer, as technology advances so the the threat for large-scale cyber attacks. The bigger problem is when these attacks are against healthcare companies carrying millions of patients personal information; the attacks can lead to postponed surgeries, leaking information or even shutting down entire computer networks in hospitals.

North America is expected to command the 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. Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth of this market is attributed to factors such as increasing adoption of connected medical devices, improving healthcare infrastructure, increasing awareness about security of patient health information (PHI), and growing awareness about medical device security solutions due to the increasing number of cyberattacks in the healthcare organizations.

This report aims to provide a comprehensive presentation of the global market for Medical Device Security, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Device Security.

By Type
Application Security
Endpoint Security
Network Security
Cloud Security

By Application
Hospital Medical Devices
Internally Embedded Medical Devices
Wearable and External Medical Devices

Key Companies
Cisco, Symantec, IBM, GE Healthcare, Koninklijke Philips, Broadcom, Mcafee, Check Point Software, Cloudpassage, Palo Alto Networks, Cleardata, DXC Technology, Sophos, Imperva, Fortinet, Zscaler, Fireeye

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This release was published on openPR.