Pune, Maharashtra -- (SBWire) -- 04/19/2017 --Factors such as; increased connectivity of smart IOT devices with the healthcare organizations for better health management and government support and acknowledgement for IOT Security in the healthcare sector are boosting the growth of global healthcare IOT security market.
Market Scenario:
IOT is rapidly being adopted by major healthcare organizations for the patient health management as well as to enhance the operational efficiency of these organizations. Cost efficiency, reliability and better health management of the patients are one of the most important goals that can be achieved with the help of IOT usage in the healthcare sector. Globally, since the usage of mHealth applications and wearables is continuously increasing, IOT Security will play a crucial role in the protection of the big data (health information) collected and communicated from various smart devices to the care givers and patients.
The market for global healthcare IOT security is estimated at $4.7 billion in 2015 and expected to grow at a rate of 40% during 2016-2021.
Key Players
-Inside Secure SA (France)
-IBM Corporation (U.S.)
-Cisco Systems, Inc. (U.S.)
-Intel Corporation (U.S.)
-Oracle Corporation (U.S.)
-Sophos Ltd. (U.K.)
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Key Findings
-Increasing ageing population, surging healthcare expenses and an increase in the occurrence of chronic diseases is driving healthcare stakeholders to follow remote health management and patient monitoring seriously.
-IOT Security solutions will continue to hold maximum market value of $25.99 Billion in 2022 because of increasing connectivity of healthcare IOT devices with the caregivers globally; new access points get created for hackers to conduct cybercrimes. Therefore, implementation of security solutions becomes essential
-North America currently is the leading region in the IOT Security implementation in the healthcare sector with revenue of $2.2 billion in 2015 because of increased usage of smart IOT devices for health management
-APAC is expected to grow at a highest CAGR than other regions because of the health management of the increasing ageing population, IOT adoption will increase and therefore security becomes crucial
Segments:
By Device Types
-Real Time Health Monitoring Devices
-IOT Stationary Devices
-IOT Smart Devices (mHealth)
-IOT Ingestible Devices
By Services
-Consulting Services
-Risk Assessment Services
-Design & Integration Services
-Managed Security Services
By Solutions
-Network security
-End-point security
-Content security
-Application security
-Cloud Security
By Regions
-Americas
-Europe
-Asia-Pacific
-Middle East & Africa
Regional Analysis of Healthcare IOT Security Market:
Globally Americas commands the largest market share towards Healthcare IOT Security Market. The European market for healthcare IOT security is expected to grow at high CAGR by the end of the forecasted period. Asia-Pacific is the fastest growing region for healthcare IOT security market, which is expected to grow at good CAGR.
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Table of Content
1. Report Prologue
2. Global Healthcare IOT Security Market: Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
2.4.1 Market Segmentation On The Basis Of Security Solutions
2.4.2 Market Segmentation On The Basis Of Security Services
3. Global Healthcare IOT Security Market: Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
4. Global Healthcare IOT Security: Market Dynamics
4.1 Drivers
4.1.1 Increased Data Privacy Concerns among Consumers
4.2 Restraints
4.2.1 Lack of Technological Awareness about IOT Threats among Healthcare Organizations
4.3 Opportunities
4.3.1 Global Reach
4.4 Mega Trends
4.4.1 Cloud
4.5 Macroeconomic Indicators
4.6 Important Pointers By Industry Experts
4.6.1 Asia-Pacific as Fastest Growing Market
4.6.2 Growth Prospects
4.7 Regulations/Acts
4.8 Patents
4.9 Consortiums
5. Global Healthcare IOT Security: Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Problem Recognition
5.1.2 Security Solutions Providers
5.1.3 Security Services Providers
5.2 Porters
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitute Products or Services
5.2.5 Rivalry among Existing Firms
6. Global Healthcare IOT Security: By Security Solutions (US $ Million)
6.1 Introduction
6.2 Historic Market Growth
6.2 Y-O-Y Growth Analysis
6.3 Market Size (Sub Segments)
6.3.1 Network Security
6.3.2 Endpoint Security
6.3.3 Content Security
6.3.4 Application Security
6.3.5 Cloud Security
7. Global Healthcare IOT Security: By Services (US $ Million)
7.1 Introduction
7.2 Historic Market Growth
7.2 Y-O-Y Growth Analyses
7.3 Market Size (Sub Segments)
7.3.1 Consulting Services
7.3.2 Risk Assessment Services
7.3.3 Design and Integration Services
7.3.4 Managed Security Services
7.3.5 Others (Training and Education, Email Security, Among Others)
Related Report
Big data in Healthcare Market Information by Components (Hardware, software, Services) by Deployment (On-Premise, Web Based/Cloud Based) by Application - Forecast 2016-2021 https://www.marketresearchfuture.com/reports/global-big-data-healthcare-market
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Global Healthcare IOT Security Market Size Will Cross USD 47.0 Billion by 2021
The market for global healthcare IOT security market is estimated at ~$4.7 billion in 2015 and is expected to grow at a CAGR of ~40% from 2016-2021.