Medical Device Security Market Report Size, Regional Report, Business Strategy, Forecast to 2023

This report aims to provide detailed insights into the Medical Device Security Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.

Expected Revenue Growth: The Global Medical Device Security Market was valued at USD 4.04 Billion in 2017 and is projected to reach USD 6.59 Billion by 2023, at a CAGR of 8.6% during the forecast period. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

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Objectives of the study are:

  • To define, describe, and forecast the global medical device security market by component (solution and services), type, device type, end user, and region
  • To provide detailed information about factors affecting the growth of the market (drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To profile key players in this market and comprehensively analyze their market shares and core competencies
  • To forecast the market size of the global market in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
  • To track and analyze competitive developments such as acquisitions; product developments; agreements, partnerships, and collaborations; and expansions in the market

Research Methodology

The study estimates the medical device security industry 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. Primary sources from the supply side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from the various players in the market. Primary sources from the demand side include hospitals and clinics, medical device manufacturers, and healthcare payers. For the market estimation process, both top-down and bottom-up approaches were used to estimate and validate the market size of the market. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data was consolidated and added to detailed inputs and analysis from MarketsandMarkets and presented in this report. This research study involves the extensive usage of secondary sources, directories, and databases, in order to identify and collect information useful for this technical, market-oriented, and financial study of the market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

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Key Market Player

In 2017, 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), and Zscaler (US) were the other major players operating in this market.

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