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Medical Device Security Solutions Market Analysis Highlights the Impact of COVID-19 2020-2024 | Growing Adoption of IoT and Connected Devices to Boost the Market Growth | TechnavioThe medical device security solutions market is expected to grow by USD 301.04 million, progressing at a CAGR of over 8% during the forecast period. Download Free Sample Report This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201030005363/en/ Technavio has announced its latest market research report titled Global Medical Device Security Solutions Market 2020-2024 (Graphic: Business Wire) The growing adoption of IoT and connected devices is one of the major factors propelling market growth. More details: https://www.technavio.com/report/medical-device-security-solutions-market-industry-analysis Medical Device Security Solutions Market: Device Landscape Growing healthcare costs and inconvenience caused due to significant waiting times have led to consumers increasingly preferring online consultation and telemedicine as well as remote monitoring. Factors such as increasing awareness about lifestyle disorders and familiarity with new technologically advanced devices such as smartphones and gaming devices have prompted people to adopt more sophisticated devices to self-monitor their health conditions. Therefore, the adoption rate of wearable fitness technology has been increasing. As a result, the demand for better security solutions for these wearable devices is also increasing, contributing to the medical devices security solutions market growth. The market growth by the wearable and external medical devices segment will be faster than the growth of the market by other segments. Medical Device Security Solutions Market: Geographic Landscape North America was the largest market for medical device security solutions in 2019, and the region will continue to offer the maximum growth opportunities to market vendors during the forecast period. The rising adoption and penetration of wired and wireless networked medical devices and stringent government regulations are some of the significant factors that will contribute to the medical device security solutions market growth in North America over the forecast period. The rising geriatric population, cyberattacks on healthcare orgaizations, and the high adoption of connected medical devices are encouraging many companies to invest in the region. The US is one of the key markets for medical device security solutions in North America. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America over the forecast period. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY DEVICE
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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