How big is the Medical Device Security Market?

The Medical Device Security Market size is expected to reach USD 7.83 billion in 2024 and grow at a CAGR of 8.20% to reach USD 11.61 billion by 2029. Read More

What is the current Medical Device Security Market size?

In 2024, the Medical Device Security Market size is expected to reach USD 7.83 billion. Read More

Who are the key players in Medical Device Security Market?

Check Point Software Technologies, Cisco Systems Inc., FireEye Inc., McAfee LLC and Palo Alto Networks Inc. are the major companies operating in the Medical Device Security Market. Read More

Which is the fastest growing region in Medical Device Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Medical Device Security Market?

In 2024, the North America accounts for the largest market share in Medical Device Security Market. Read More

What years does this Medical Device Security Market cover, and what was the market size in 2023?

In 2023, the Medical Device Security Market size was estimated at USD 7.19 billion. The report covers the Medical Device Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Device Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Medical Device Security Market - Size, Analysis & Share

Medical Device Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Medical Device Security / Threat Intelligence Market Growth and it is segmented by Solutions (Data Loss Prevention Solutions, Antivirus/Antimalware Solutions, Encryption Solutions, Network and Endpoint Security, Identity and Access Management Solutions, Intrusion Detection Systems/Intrusion Prevention Systems, and Risk and Compliance Management), Device Type (Hospital Medical Devices, Internally Embedded Medical Devices, and Wearable and External Medical Devices), and Geography. The market size and forecasts are provided in terms of value (USD) for all the above segments.

Medical Device Security Industry Overview

The medical device security market is highly fragmented, with the presence of major players like Check Point Software Technologies, Cisco Systems Inc., FireEye Inc., McAfee LLC, and Palo Alto Networks Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

December 2023 - Cisco, one of the enterprise networking and security leaders, unveiled the Cisco AI Assistant for Security. This marks a major step in making artificial intelligence (AI) pervasive in the Security Cloud, Cisco's unified, AI-driven, cross-domain security platform. The AI Assistant would help customers make informed decisions, augment their tool capabilities, and automate complex tasks.
July 2023 - Cynerio and Check Point Software Technologies announced a partnership to offer healthcare organizations comprehensive security for their medical IoT devices. Cynerio's 360 platforms would offer functionality critical to securing healthcare IoT devices, including device discovery, patch guidance, micro-segmentation, and attack detection.