Healthcare Security Systems Market – Overview
Global Healthcare Security Systems Market that expects growth with 9.5% CAGR (Compound Annual Growth Rate) for this market between 2018 and 2024. The key factors that drive the growth of this market include the availability of wide of surety systems, growing patient pool, improving quality of care provided in the hospital, increasing demand of security system with an increasing emphasis on patient’s security & wellness, and need for security of infants in hospitals.
Healthcare Security Systems include the overall physical security solutions installed at numerous healthcare facilities. They play a crucial role in protecting the patient privacy and medical data that are valuable to the society.
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Some of the key players profiled by MRFR that are operating in the global healthcare security systems market are Avigilon Corporation (Canada), Schneider Electric SE (the U.S.), Cisco Systems, Inc. (the U.S.), Tyco Security Products, Nedap Security Management, ADT LLC dba ADT Security Services (the U.S.), STANLEY Healthcare (France), Seico Security (the U.S.), Atos SE (Germany), Johnson Controls (the U.S.), Allied Telesis, Inc. (the U.S.), Siemens AG, Bosch Security Systems, Honeywell International, Inc., and others.
Latest Industry News
In December 2018, the Department of Health and Human Services (HHS) has released voluntary cybersecurity practices to the healthcare sector with the motive to provide practice guidelines for cost-effectively reducing cybersecurity risks.
In January 2019, Qognify, a technology solution provider for physical security and enterprise incident management to education, government, healthcare, manufacturing, and other sectors, has completed the acquisition of On-Net Surveillance Systems (OnSSI), an IP video management software (VMS) company along with IP video technology company, SeeTec GmbH.
The global healthcare security systems market has been segmented on the basis of type, surveillance system, application, and end-user. Based on type, the global healthcare security systems market has been segmented into CCTV system, access control systems, infant security system, intrusion detection instruments, security alarm, metal and explosive detectors, RFID tags, and others. The access control systems segment has been sub-segmented into biometric systems, smart cards, chipper locks, and X-Ray screening system. The security alarm segment has been sub-segmented into burglar alarms, fire alarm, carbon monoxide alarm, and others.
Based on surveillance system, the global healthcare security systems market has been segmented into video surveillance, surveillance cameras, and others. Based on application, the global healthcare security systems market has been segmented into surgical equipment tracking, medical devices tracking, document and data file tracking, patient tracking, monitoring, and others. Based on end-user, the global healthcare security systems market has been segmented into hospital, clinics, diagnostic centers, pharmacy, laboratories, and others.
Geographically, the global healthcare security system market has been segmented into four major regions such as the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa.
The Americas dominate the global healthcare security systems market with a significant market share. Rising cyber security threats, increased utilization of cloud-based solutions in the well-developed healthcare sector that require optimized security solutions and high risk of security to the medical data in the growing healthcare industry are fueling the growth of the healthcare security systems market in this region.
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Increased incorporation of advanced technology in the healthcare industry and high demand for effective healthcare security systems are leading to the notable expansion of the healthcare security systems market in the Europe region.
Increasing reliance on cloud-based solutions in the healthcare sectors of emerging economies and rise in awareness regarding security threats to a large amount of healthcare data are propelling the expansion of the healthcare security systems market in the Asia Pacific region. However, low penetration of advanced technology and poor healthcare facilities in the underdeveloped countries are restraining the growth of the healthcare security systems market in the Middle East and Africa region.
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