Increasing number of healthcare cyber-attacks and threats, rise in healthcare R&D, expanding pharmaceutical industries, increasing healthcare manufacturers, and emphasis on health care digitalization are major factors expected to drive the market growth
The Global Medical Device Security Market size is expected to reach USD 9.78 billion by 2028 registering a CAGR of 8.5% over the forecast period according to the latest report by Reports and Data. Major factors driving market revenue growth are rising number of healthcare cyber-attacks and expanding pharmaceutical industries. Increasing healthcare devices manufacturers coupled with growing digitalization will also drive market growth.
Medical devices that are linked to the internet provide healthcare facilities with multiple ways to better track and manage patients. They do, however, provide opportunities for cyberattacks aimed at stealing highly personal information or disrupting treatment efforts. The technologies and practises that prevent attackers from gaining unauthorised access or control over medical devices and the data they produce are referred to as medical device cybersecurity.
Medical devices are increasingly being connected to healthcare networks and other medical devices in order to have capabilities that increase the efficiency of health care providers to manage patients. Regulatory bodies that authorise the sale of such devices may refuse to approve them for use by general public if these same features increase the risk of potential cybersecurity threats. Medical devices are vulnerable to security breaches, which could jeopardise the device’s safety and efficacy. Medical device manufacturers must be careful in recognising threats and hazards associated with their devices including cybersecurity dangers according to the US Food and Drug Administration. This has enhanced growth of the medical device protection market significantly.
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Key players operating in the market are Cisco Systems, IBM, GE Healthcare, Symantec, CA Technologies, Philips, DXC Technology, CloudPassage, FireEye, Check Point Software Technologies, Sophos, Imperva, Fortinet, Palo Alto Networks, ClearDATA, Zscaler.
Some Key Highlights in the Report:
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/medical-device-security-market
Segments covered in the report:
For the purpose of this report, Reports and Data has segmented the global medical device security market on the basis of type, device, component, end user and region:
Type Outlook (Revenue, USD Million; 2018 – 2028)
Device Outlook (Revenue, USD Million; 2018 – 2028)
Component Outlook (Revenue, USD Million; 2018 – 2028)
End User Outlook (Revenue, USD Million; 2018 – 2028)
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Regional Outlook (Revenue, USD Billion; 2018 – 2028)
Finally, all aspects of the Medical Device Security market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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