Medical Device Security Market Analysis, Size, Demand and Forecast During 2023-2028


IMARC Group, a leading market research company, has recently releases report titled “Medical Device Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global medical device security market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the medical device market?

Report Attributes Details
Market Size in 2022 US$ 8.5 Billion
Market Forecast in 2028 US$ 19.9 Billion
Growth rate (2023 to 2028) CAGR of 15.1%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What are medical device security?

Medical device security refers to practices, techniques, and procedures that prevent attacks against medical devices. These security solutions prevent attackers from gaining unauthorized access to medical devices and secure sensitive information from security threats and attacks, such as leakage of data and unlawful control of medical equipment. Medical device security helps enhance patient monitoring and productivity, prevent invasion of privacy, increase diagnostic accuracy, and improve treatments. It utilizes network and endpoint security, access management, antivirus and antimalware, data loss prevention, encryption risk, and compliance solutions and services that can be deployed on-premises or on the cloud.

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Medical Device Security Market Trends:

The rising cyber-attacks and threats in the healthcare industry are one of the key factors creating a positive outlook for the market. Medical device security is used to protect data and systems from unauthorized alteration and harmful software to safeguard important patient records in hospitals. In line with this, the widespread adoption of cloud-based medical device security solutions and the increasing utilization of connected medical devices is propelling the market growth. Apart from this, the integration of healthcare systems with the Internet of Things (IoT) and artificial intelligence (AI) solutions to protect systems and identify cyber threats and malicious activities is providing a thrust to the market growth. Other factors, including extensive research and development (R&D) activities and the implementation of various government initiatives to promote digital security solutions in the healthcare industry, are supporting the market growth.

Medical Device Security Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the medical device security market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • ClearDATA
  • FireEye (Symphony Technology Group)
  • Fortinet Inc.
  • General Electric Company
  • International Business Machines Corporation
  • Koninklijke Philips N.V.
  • McAfee Corp.
  • Medigate
  • Palo Alto Networks Inc
  • Synopsys Inc.

Key Market Segmentation:

The report has segmented the medical device security market on the basis of device type, component, deployment mode and end user

Breakup by Device Type:

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

Breakup by Component:

  • Solution
    • Identity and Access Management Solutions
    • Antivirus and Antimalware Solutions
    • Encryption Solutions
    • Data Loss Prevention Solutions
    • Risk and Compliance Management
    • Intrusion Detection Systems and Intrusion Prevention Systems
    • Disaster Recovery Solutions
    • Distributed Denial of Service Solutions
    • Others
  • Services

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by End User:

  • Healthcare Institutions
  • Medical Device Manufacturers
  • Others

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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