Healthcare Security Systems Market By Type (Electronic Access Control Systems, Video Surveillance, Intercom & Emergency Communication, Perimeter Protection, Vehicle Tracking & Recognition, Other Healthcare Security Systems) - Growth, Future Prospects, And Competitive Analysis, 2017 - 2025

Healthcare security systems encompass the overall physical security solutions deployed at various healthcare facilities, such as hospitals, OPDs, ambulatory care centers, and assisted living facilities, among others. Some of the key types of healthcare security systems include access control systems, video surveillance, intercoms for emergency communication, perimeter protection, and vehicle tracking and recognition systems.

Healthcare security systems have witnessed increasing demand over the years due to the rising need to secure various critical healthcare facilities. Factors such as the growing vulnerability of information systems and the increasing need to ensure physical and data security have made it imperative for healthcare organizations to enforce access control and surveillance. It has become pivotal for healthcare organizations to authorize, authenticate, and validate personnel's movement within a facility.

In addition, concerns pertaining to data theft and vandalism, especially in the North American and European regions, have compelled numerous healthcare organizations to adopt the latest security systems within their facilities. Furthermore, the rising number of healthcare facilities in the Asia Pacific region, especially in countries such as China, India, and Thailand, has offered immense growth opportunities to healthcare security system providers in recent years. Thereby, the overall market is expected to experience sustained growth during the forecast period.

The report titled "Global Healthcare Security Systems Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global healthcare security systems market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on the type and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading healthcare security system vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are Siemens AG, Bosch Security Systems, Tyco Integrated Security, Honeywell International, Inc., Schneider Electric, Cisco Systems, Inc., Avigilon Corporation, Atos SE, Nedap Security Management, and Stanley Security Solutions. Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the healthcare security systems industry
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global healthcare security systems market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of type, the global healthcare security systems market is segmented into the following categories:

  • Electronic Access Control Systems
  • Video Surveillance
  • Intercom and Emergency Communication Systems
  • Perimeter Protection
  • Vehicle Tracking and Recognition
  • Others (such as credential management and photo ID badges)

In 2016, the overall healthcare security systems market was led by the video surveillance segment, which contributed nearly 1/4th of the total revenue generated worldwide. Video surveillance is among the first security systems adopted by healthcare facilities. The overall infrastructure comprises a number of security cameras, network infrastructure, and a monitoring screen. Due to the higher number of devices required, the segment becomes costlier as compared to its counterparts, thereby generating higher revenue.

The video surveillance segment is followed by electronic access control systems in terms of revenue. Electronic access control becomes highly essential when it comes to restricting unauthorized access and monitoring facility personnel. Due to the prolonged presence of these systems in the global market, the video surveillance and electronic access control systems segments are set to continue dominating the market throughout the forecast period. Nevertheless, in the following years, the vehicle tracking and recognition systems segment is projected to register the highest growth rate in the market.

Based on geography, the global healthcare security systems market is segmented into the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The global healthcare security systems market is dominated by the North American region. In 2016, North America accounted for over 1/3 of the overall healthcare security systems market revenue generated worldwide. The market is primarily governed by the U.S., which has high expenditures on healthcare infrastructure and sophisticated security systems. In addition, stringent government rules and regulations pertaining to the operations of healthcare facilities have further resulted in the higher adoption of the latest security systems in the region.

Europe trailed the North American region in terms of revenue, with the market primarily driven by demand from countries such as the U.K., Germany, and France. The Asia Pacific region is expected to witness the fastest growth during the forecast period from 2017 to 2025. Factors such as increasing investments in new hospitals in China and India have significantly boosted the demand for security systems in the region over the past few years.

Frequently Asked Questions:

The market for Healthcare Security Systems Market is expected to reach US$ 9.70 Bn By 2025.

The Healthcare Security Systems Market is expected to see significant CAGR growth over the coming years, at 5.92%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Siemens AG, Bosch Security Systems, Tyco Integrated Security, Honeywell International, Inc., Schneider Electric, Cisco Systems, Inc., Avigilon Corporation, Atos SE, Nedap Security Management, are some of the major players in the global market.

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Published Date:  Nov 2017
Category:  Technology & Media
Report ID:   58793
Report Format:   PDF
Pages:   120
Rating:    4.8 (65)
Delivery Time: 24 Hours to 48 Hours   
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