Albany, NY -- (SBWIRE) -- 02/18/2019 -- In recent years healthcare industry has witnessed increasing penetration of medical devices connected and communicating with each other such as wireless monitoring services, and these devices are increasingly been adopted by the healthcare industry. But with the adoption of these technologies, a new hostile environment has emerged posing threat to the security of these devices connected to networks and prone to cyber-attacks and security breaches, which is why a need for security of connected medical devices has emerged so as to protect against unauthorized access and cyber-attacks.

Connected Medical Devices Security Market: Market Dynamics

The US Federal Drug Administration (FDA) has issued guidelines for the security of connected medical devices which will force medical device manufacturers to implement set of practices ensuring the security of medical devices from cyber-attacks and unauthorized access. The guidelines will create awareness among the healthcare professionals to prepare against these security issues and invest on security devices hence will drive the demand for connected medical devices security market. Increasing adoption of medical devices connected via IoT will increase vulnerability against these security breaches and will increase the need for connected medical devices security.

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Connected Medical Devices Security Market Segmentation

Segmentation of Connected Medical Devices Security Market on the basis of component:

- Hardware
- Software
- Network Components

Segmentation of Connected Medical Devices Security Market on the basis of end user:

- Hospitals
- Laboratories
- Clinics

Segmentation of Connected Medical Devices Security Market on the basis of geography:

- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands,Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Japan
- The Middle East and Africa (GCC, South Africa, North Africa)

Regional Overview

On the basis of geography, connected medical devices security market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the connected medical devices security market in North America is expected to dominate during the forecast period because of strong presence of companies from healthcare industry and presence of companies providing connected medical devices security solutions in the region. North America region is expected to be followed by Western Europe and APEJ. APEJ is expected to drive the demand for connected medical devices security market, supported by increasing penetration of healthcare companies in the region.

The US Federal Drug Administration (FDA) guidelines for implementation of connected medical devices security supported by increasing awareness among healthcare professionals for implementation of these security devices will drive the demand for connected medical devices security market. Increasing usage of medical devices connected via IoT in the healthcare sector will increase the risk of these security issues which in turn will force more and more healthcare professionals to implement security solutions for connected medical devices and will support in the increase in demand for connected medical devices security market. Lack of awareness among healthcare professionals about the availability and offered benefits from these security devices will affect the demand for connected medical devices security market.

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Competitive Landscape

Some of the major players in the field of connected medical devices security include UL LLC, Whitescope Limited, Battelle, Coalfire Systems Inc., Drager Medical GmbH, Extreme Networks Inc., Synopsys Inc. etc.

The report covers exhaustive analysis on:

- Connected Medical Devices Security Market Segments
- Connected Medical Devices Security Market Dynamics
- Historical Actual Market Size, 2014 - 2016
- Connected Medical Devices Security Market Size & Forecast 2017 To 2027
- Supply & Demand Value Chain
- Connected Medical Devices Security Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Connected Medical Devices Security Technology
- Connected Medical Devices Security Value Chain
- Connected Medical Devices Security Market Drivers and Restraints

Regional analysis for Connected Medical Devices Security Market includes

- Connected Medical Devices Security Market by North America
- Connected Medical Devices Security Market by Latin America
- Connected Medical Devices Security Market by Western Europe
- Connected Medical Devices Security Market by Eastern Europe
- Connected Medical Devices Security Market by Asia Pacific
- Connected Medical Devices Security Market by Japan
- Connected Medical Devices Security Market by the Middle East and Africa

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

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The report provides the following information:

- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies

The main aim of the report is to:

- Enable key stakeholder's in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution

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