The global Healthcare Internet of Things (IoT) security market Report presents an exhaustive analysis of the Healthcare Internet of Things (IoT) Security market and offers investors, stakeholders and business strategists’ valuable insights on the forecast period 2021-2028. The report on the Global Healthcare Internet of Things (IoT) Security Market presents the growth rate and market value projected to be reached by the market in the coming years.
These devices provide analysis and continuous monitoring of medical data that would not be possible without technology. They also offer healthcare providers instant access to up-to-date information so they can provide better care. Emergence of COVID-19 has forced healthcare workers to deploy connected devices and track and isolate a substantially large number of COVID-19 patients.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Healthcare Internet of Things (IoT) Security market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Healthcare Internet of Things (IoT) Security market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Healthcare Internet of Things (IoT) Security market.
The report also discusses the key players involved in the market such as:
Some major companies operating in the global market include Cisco Systems Inc., Oracle Corporation, Intel Corporation, Trend Micro Inc., Kaspersky Lab, Deutsche Telekom AG, Dell Corporation, Inside Secure SA, Agile Cyber Security Solutions, LLC., and Symantec Corporation.
Radical Highlights of the Healthcare Internet of Things (IoT) Security Market Report:
- Comprehensive overview of the Healthcare Internet of Things (IoT) Security market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Healthcare Internet of Things (IoT) Security market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
Some Key Highlights from the Report
- Solution segment accounted for a relatively larger revenue share in 2020 due to increased focus on preventing potential loss of data. Healthcare sector gathers volumes of sensitive information about patients, which if leaked can be misused and result in grievous illegal activities and legalities. Demand for security solutions with enhanced encryption from hospitals and other healthcare providers has been increasing significantly in the recent past and is expected to continue to support revenue growth of the solution segment over the forecast period.
- Endpoint security segment accounted for a significantly robust revenue share in 2020 as endpoint security is a critical path to secure healthcare data and access privileged hospital networks. Unauthorized and malicious activities on endpoint lead to data theft, compromise integrity of data, and provide a backdoor for additional attacks.
- Hospitals, surgical centers, and clinics segment accounted for largest revenue share in 2020 due to increased incidence of cyberattacks. Hospitals are increasingly deploying smart devices and new smart beds monitor up to 35 data points including oxygen, blood, and pressure sensors. Compromised data from electronic health records are sold on dark web for USD 1,000 per record, and hospitals spend an average USD 430 per record to mitigate medical identity theft.
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Healthcare Internet of Things (IoT) Security Market segmentation:
Emergen Research has segmented the global healthcare IoT Security market on the basis of component, security type, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solution
- Encryption
- Analytics
- Unified Threat Management
- Identity And Access Management
- Data Loss Protection
- Others
- Services
- Risk Assessment Services
- Consulting Services
- Managed Security Services
- Design Integration Services
- Others
Security Type Outlook (Revenue, USD Billion; 2018–2028)
- Application Security
- Network Security
- Endpoint Security
- Cloud Security
- Others Security
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals, Surgical Centers, and Clinics
- Clinical Research Organizations
- Government and Defense Institutions
- Research and Diagnostic Laboratories
Regional Outlook: (Revenue, USD Billion; 2018-2028)
- North America (U.S.) (Canada) (Mexico)
- Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
- Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
- Latin America (Brazil) (Rest of LATAM)
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