Medical Device Security Market Size & Share to Surpass USD 559.68 Million by 2028

Jefferey Metcalfe

The Global Medical Device Security Market is valued at 455.30 USD Million in 2021 and is projected to reach a value of 559.68 USD Million by 2028 at a CAGR of 3.50% over the forecast period.

The rise in demand for connected Medical Device Security in the healthcare sector, as well as an increase in cyber-attacks on connected Medical Device Security, are the key factors driving the growth of the global Medical Device Security market trends during the forecast period. On the contrary, the increased adoption of cloud-based Medical Device Security across the globe is anticipated to fuel the growth for the global market’s expansion during the forecast period. However, a lack of awareness about medical security devices among emerging countries, as well as limited healthcare security budgets, are expected to stymie market growth during the forecast period.

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Market Segmentation:

The Medical Device Security market is segmented on the basis of Offering, Type, Device Type, and End User. Based on Offering, the market is segmented as Solution, Services. 

Medical Device Security Market is segmented as follows:

  • Offering
  • Solutions
  • Services
  • Type
  • Application Security
  • Endpoint Security
  • Network Security
  • Cloud Security
  • Other Security Types (Email, Web, and Database Security)
  • Device Type
  • Hospital Medical Devices
  • Internally Embedded Medical Devices
  • Wearable and External Medical Devices
  • End User
  • Healthcare Providers
  • Medical Device Manufacturers
  • Healthcare Payers
  • Offering
  • Solutions
  • Services
  • Type
  • Application Security
  • Endpoint Security
  • Network Security
  • Cloud Security
  • Other Security Types (Email, Web, and Database Security)
  • Device Type
  • Hospital Medical Devices
  • Internally Embedded Medical Devices
  • Wearable and External Medical Devices
  • End User
  • Healthcare Providers
  • Medical Device Manufacturers
  • Healthcare Payers

Competitive Landscape

The key players in the Medical Device Security market are launching different strategies for the development of Medical Device Security market such as new product development, geographic enhancement, mergers and amp; acquisitions, and product enhancement among others to increase their presence in the market and in market shares as well. Some of the major key players in the Medical Device Security market are “Cisco Systems (US), IBM (US), GE Healthcare (US), Symantec (US), CA Technologies (US), Philips (Netherlands), DXC Technology (US), CloudPassage (US), FireEye (US), Check Point Software Technologies (Israel), Sophos (UK), Imperva (US), Fortinet (US), Palo Alto Networks (US), ClearDATA (US)

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