Global Hospital Security Systems Market Outlook:2016-2021
The healthcare industry is succumbed to the pressure of growing security risks globally, especially the hospitals being the top target as it is the most easily accessible premises and its infrastructure is valuable to many different type of criminals. According to the, crime and security trends survey (2012) published by the International Association for Healthcare Security & Safety, 154 shootings have been reported inside health care facilities nationwide between 2000 and 2011. The survey also reported that more than 98 percent of all health care facilities in the U.S. “experience violence and criminal incidents.” Hospitals are facing an unique challenge of balancing security and safety along with providing care and medical services under budget constraints. This has led to the boom of hospital security systems market, in an attempt to provide quality care to the patients along with safety and security to staff, as well as visitors.
The hospital security systems market is valued at $5.27 billion in 2016, and estimated to grow at a CAGR of 15.5% from 2016 to 2021. This healthy growth rate is attributed to the implementation of Affordable Care Act, which mandates healthcare facilities and their security technologies to be highly integrated and able to provide quality of care and patient satisfaction to accommodate an increased flow of people into the system, along with requiring security technologies that comply with the legislation. Other pivotal factors driving the growth of this market include, rapid technological advances in the field, increasing crime rates and physical security risks, and regulatory compliances for quality patient care
The research report on the hospital security systems market provides comprehensive analysis of the global market with a regional level analysis and helps in understanding the driving forces for the growth of this market. The report also provides analysis of major product segments such video surveillance & analytics, access control systems, intrusion systems, fire alarm control systems, metal, explosive detector & X-ray screening systems, infant security systems, among others. The access control systems market is further sub-segmented into card-base, and biometrics. While, biometrics access control is further sub-segmented into fingerprint, face, hand, iris, among others. The market is also segmented on the basis of components, into hardware, software, and services. Market size estimates and forecasts for the period 2016 to 2021 has been provided for each segment and its sub-segment, in terms of USD million, calculating growth rates from 2016 to 2021, considering 2015 as the base year for calculations. The global hospital security systems market is segmented by geography as North America, Europe, Asia, and Rest of the World (RoW). These regions are analyzed with a detailed country-wise qualitative and region-wise quantitative insights.
North America emerged as the dominant regional market over the forecast period. This trend is expected to continue over the forecast period due to the rapid adoption of hospital security systems across the hospitals and medical institutes’ in order to comply with the laid regulations, and thrive in the competition. Video surveillance & analytics is the most popular product segment, which is expected to catapult the regional demand over the forecast period. Europe is also expected to witness considerable growth over the forecast period. The need to safeguard the population from any terror attacks as well as improving patient security provides opportunities for market growth. Asia is set to witness the highest growth in the years to come. This growth is hinged at markets such as China, Japan, Taiwan, and India. Heightened concerns over security coupled with strong economic growth are slated to drive the Asian region towards adoption of more technologically advanced hospital security systems in the recent years.
The U.S. based companies lead the global hospital security systems market. New product launch is the major strategy adopted by the key players in the market. The hospital security systems market is highly competitive and fragmented with a small number of large, global firms and thousands of smaller regional and local companies. Bosch Security Systems (U.S.), Honeywell International (U.S.), Johnson Controls (U.S.), Schneider Electric (France), STANLEY Security (U.S.), and Siemens AG (Germany), are among the active players in the market.
Key questions answered in the report-
The hospital security systems market is valued at $5.27 billion in 2016, and estimated to grow at a CAGR of 15.5% from 2016 to 2021. This healthy growth rate is attributed to the implementation of Affordable Care Act, which mandates healthcare facilities and their security technologies to be highly integrated and able to provide quality of care and patient satisfaction to accommodate an increased flow of people into the system, along with requiring security technologies that comply with the legislation. Other pivotal factors driving the growth of this market include, rapid technological advances in the field, increasing crime rates and physical security risks, and regulatory compliances for quality patient care
The research report on the hospital security systems market provides comprehensive analysis of the global market with a regional level analysis and helps in understanding the driving forces for the growth of this market. The report also provides analysis of major product segments such video surveillance & analytics, access control systems, intrusion systems, fire alarm control systems, metal, explosive detector & X-ray screening systems, infant security systems, among others. The access control systems market is further sub-segmented into card-base, and biometrics. While, biometrics access control is further sub-segmented into fingerprint, face, hand, iris, among others. The market is also segmented on the basis of components, into hardware, software, and services. Market size estimates and forecasts for the period 2016 to 2021 has been provided for each segment and its sub-segment, in terms of USD million, calculating growth rates from 2016 to 2021, considering 2015 as the base year for calculations. The global hospital security systems market is segmented by geography as North America, Europe, Asia, and Rest of the World (RoW). These regions are analyzed with a detailed country-wise qualitative and region-wise quantitative insights.
North America emerged as the dominant regional market over the forecast period. This trend is expected to continue over the forecast period due to the rapid adoption of hospital security systems across the hospitals and medical institutes’ in order to comply with the laid regulations, and thrive in the competition. Video surveillance & analytics is the most popular product segment, which is expected to catapult the regional demand over the forecast period. Europe is also expected to witness considerable growth over the forecast period. The need to safeguard the population from any terror attacks as well as improving patient security provides opportunities for market growth. Asia is set to witness the highest growth in the years to come. This growth is hinged at markets such as China, Japan, Taiwan, and India. Heightened concerns over security coupled with strong economic growth are slated to drive the Asian region towards adoption of more technologically advanced hospital security systems in the recent years.
The U.S. based companies lead the global hospital security systems market. New product launch is the major strategy adopted by the key players in the market. The hospital security systems market is highly competitive and fragmented with a small number of large, global firms and thousands of smaller regional and local companies. Bosch Security Systems (U.S.), Honeywell International (U.S.), Johnson Controls (U.S.), Schneider Electric (France), STANLEY Security (U.S.), and Siemens AG (Germany), are among the active players in the market.
Key questions answered in the report-
- Which are the high growth market segments in terms of components,products,and regions/countries?
- What were the historical market and the market forecasts and estimates from the period 2014-2021?
- What are the major drivers, restraints, challenges, and opportunities in the global hospital security systems market?
- What are the burning issues of the global hospital security systems market?
- Who are the major suppliers/players in the global hospital security systems market and What share of the market do they hold?
- What is the competitive landscape and Who are the market leaders by sub-region in the global hospital security systems market?
- What are the recent developments in the global hospital security systems market?
- What are the different strategies adopted by the major players in the global hospital security systems market?
- What are the local emerging players in the global hospital security systems market and how do they compete with the global players?
1 INTRODUCTION
1.1 Market Ecosystem
1.1.1 Hospital Security Systems Market, By Product
1.1.2 Hospital Security Systems Market, By Geography
1.2 Report Elucidation
1.3 Market Buzz and Foreground
1.3.1 New Product Launches
1.3.2 Agreements, Partnerships, & Collaborations
1.3.3 Key Stakeholders
1.3.4 Key Players
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Market Analytics
2 EXECUTIVE SUMMARY
3 KEY INSIGHTS
3.1 Case Studies
3.2 Promising Growth Regions
3.3 Recommendations
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Technology Keeping Pace with Market Needs Set to Augment the Market Growth
4.2.2 Implementation of Affordable Care Act (ACA) to Spur the Market Growth
4.2.3 Regulatory Compliance to Foster the Market Growth
4.2.4 Increasing Crime Rates and Physical Security Risks to Push the Market
4.2.5 Increasing Need for Liver & Other Organ Transplant
4.3 Restraints
4.3.1 Lack of Full-Proof Data Security
4.3.2 High-Costs of Hospital Security Systems/ Limited Capital Resources
4.4 Opportunities
4.4.1 Increasing Popularity of Integrated Security Systems
4.5 Market Assessment, By Players
5 GLOBAL HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY COMPONENT
5.1 Introduction
5.2 Hardware
5.3 Software
5.4 Services
6 GLOBAL HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY PRODUCT
6.1 Introduction
6.2 Video Surveillance & Analytics
6.3 Access Control System
6.3.1 Card-based Access Control Systems
6.3.1.1 Proximity Cards & Readers
6.3.1.2 Smart Cards & Readers
6.3.2 Biometrics
6.3.2.1 Fingerprint
6.3.2.2 Face
6.3.2.3 Hand
6.3.2.4 Iris
6.3.2.5 Others
6.4 Intrusion Systems
6.5 Fire Alarm Control Systems
6.6 Metal, Explosive Detectors & X-ray Screening Systems
6.7 Infant Security System
6.8 Others
7 HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY REGION
7.1 Introduction
7.2 North America
7.2.1 U.S. dominates the hospital security systems market in North America
7.2.2 Affordable Care Act (ACA ) to further impel the U.S. hospital security systems market
7.2.3 Rising need for cost containment to drive the adoption of security systems in Canada
7.3 Europe
7.3.1 Demographic shift towards aging population in Germany to drive the hospital security systems market
7.3.2 Hospital security systems market in U.K. is witnessing a shift towards digital and networked systems
7.4 Asia
7.4.1 Improving healthcare infrastructure to drive the market growth in China
7.4.2 Technological advancements is propelling the hospital security systems market in Japan
7.4.3 Growing healthcare industry & medical tourism in India to spur the market for hospital security systems
7.5 RoW
7.5.1 Rising risk of physical threats to boost the market in Australia
8 GLOBAL HOSPITAL SECURITY SYSTEMS MARKET- COMPETITIVE OUTLOOK
8.1 New Product Launches
8.2 Agreements, Partnerships & Collaboration
8.3 Expansions
8.4 Mergers & Acquisitions
8.5 Other Developments
9 COMPANY PROFILES
9.1 Bosch Group
9.1.1 Company Overview
9.1.2 Financial Overview
9.1.3 Products/Services Overview
9.1.4 Recent Developments
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial Overview
9.2.3 Products/Services Overview
9.2.4 Recent Developments
9.3 Honeywell Security Group
9.3.1 Company Overview
9.3.2 Financial Overview
9.3.3 Products/Services Overview
9.3.4 Recent Developments
9.4 Johnson Controls
9.4.1 Company Overview
9.4.2 Financial Overview
9.4.3 Products/Services Overview
9.4.4 Recent Developments
9.5 Matrix Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Overview
9.5.3 Products/Services Overview
9.5.4 Recent Developments
9.6 Schneider Electric
9.6.1 Company Overview
9.6.2 Financial Overview
9.6.3 Products/Services Overview
9.6.4 Recent Developments
9.7 Seico Security
9.7.1 Company Overview
9.7.2 Financial Overview
9.7.3 Products/Services Overview
9.7.4 Recent Developments
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Overview
9.8.3 Products/Services Overview
9.8.4 Recent Developments
9.9 STANLEY Security
9.9.1 Company Overview
9.9.2 Financial Overview
9.9.3 Products/Services Overview
9.9.4 Recent Developments
9.10 Tyco International plc
9.10.1 Company Overview
9.10.2 Financial Overview
9.10.3 Products/Services Overview
9.10.4 Recent Developments
List of Tables
Table 1 Global Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 2 Global Hospital Security Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 3 Global Hospital Security Systems Hardware Market Revenue, By Geography, 2014-2021 ($Million)
Table 4 Global Hospital Security Systems Software Market Revenue, By Geography, 2014-2021 ($Million)
Table 5 Global Hospital Security Systems Services Market Revenue, By Geography, 2014-2021 ($Million)
Table 6 Global Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 7 Global Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 8 Global Video Surveillance & Analytics Market Revenue, By Product, 2014-2021 ($Million)
Table 9 Global Access Control Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 10 Global Card-based Access Control Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 11 Global Card-based Access Control Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 12 Global Proximity Cards & Readers Market Revenue, By Geography, 2014-2021 ($Million)
Table 13 Global Smart Cards & Readers Market Revenue, By Geography, 2014-2021 ($Million)
Table 14 Global Biometrics Market Revenue, By Product Type, 2014-2021 ($Million)
Table 15 Global Biometrics Market Revenue, By Geography, 2014-2021 ($Million)
Table 16 Global Intrusion Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 17 Global Fire Alarm Control Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 18 Global Metal, Explosive Detectors & X-ray Screening Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 19 Global Infant Security System Market Revenue, By Geography, 2014-2021 ($Million)
Table 20 Global Other Hospital Security Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 21 North America: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 22 North America: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 23 North America: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 24 North America: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 25 Europe: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 26 Europe: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 27 Europe: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 28 Europe: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 29 Asia: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 30 Asia: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 31 Asia: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 32 Asia: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 33 Rest of the World: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 34 Rest of the World: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 35 Rest of the World: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 36 Rest of the World: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
1.1 Market Ecosystem
1.1.1 Hospital Security Systems Market, By Product
1.1.2 Hospital Security Systems Market, By Geography
1.2 Report Elucidation
1.3 Market Buzz and Foreground
1.3.1 New Product Launches
1.3.2 Agreements, Partnerships, & Collaborations
1.3.3 Key Stakeholders
1.3.4 Key Players
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Market Analytics
2 EXECUTIVE SUMMARY
3 KEY INSIGHTS
3.1 Case Studies
3.2 Promising Growth Regions
3.3 Recommendations
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Technology Keeping Pace with Market Needs Set to Augment the Market Growth
4.2.2 Implementation of Affordable Care Act (ACA) to Spur the Market Growth
4.2.3 Regulatory Compliance to Foster the Market Growth
4.2.4 Increasing Crime Rates and Physical Security Risks to Push the Market
4.2.5 Increasing Need for Liver & Other Organ Transplant
4.3 Restraints
4.3.1 Lack of Full-Proof Data Security
4.3.2 High-Costs of Hospital Security Systems/ Limited Capital Resources
4.4 Opportunities
4.4.1 Increasing Popularity of Integrated Security Systems
4.5 Market Assessment, By Players
5 GLOBAL HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY COMPONENT
5.1 Introduction
5.2 Hardware
5.3 Software
5.4 Services
6 GLOBAL HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY PRODUCT
6.1 Introduction
6.2 Video Surveillance & Analytics
6.3 Access Control System
6.3.1 Card-based Access Control Systems
6.3.1.1 Proximity Cards & Readers
6.3.1.2 Smart Cards & Readers
6.3.2 Biometrics
6.3.2.1 Fingerprint
6.3.2.2 Face
6.3.2.3 Hand
6.3.2.4 Iris
6.3.2.5 Others
6.4 Intrusion Systems
6.5 Fire Alarm Control Systems
6.6 Metal, Explosive Detectors & X-ray Screening Systems
6.7 Infant Security System
6.8 Others
7 HOSPITAL SECURITY SYSTEMS- MARKET CRACKDOWN ($ VALUE ANALYSIS), BY REGION
7.1 Introduction
7.2 North America
7.2.1 U.S. dominates the hospital security systems market in North America
7.2.2 Affordable Care Act (ACA ) to further impel the U.S. hospital security systems market
7.2.3 Rising need for cost containment to drive the adoption of security systems in Canada
7.3 Europe
7.3.1 Demographic shift towards aging population in Germany to drive the hospital security systems market
7.3.2 Hospital security systems market in U.K. is witnessing a shift towards digital and networked systems
7.4 Asia
7.4.1 Improving healthcare infrastructure to drive the market growth in China
7.4.2 Technological advancements is propelling the hospital security systems market in Japan
7.4.3 Growing healthcare industry & medical tourism in India to spur the market for hospital security systems
7.5 RoW
7.5.1 Rising risk of physical threats to boost the market in Australia
8 GLOBAL HOSPITAL SECURITY SYSTEMS MARKET- COMPETITIVE OUTLOOK
8.1 New Product Launches
8.2 Agreements, Partnerships & Collaboration
8.3 Expansions
8.4 Mergers & Acquisitions
8.5 Other Developments
9 COMPANY PROFILES
9.1 Bosch Group
9.1.1 Company Overview
9.1.2 Financial Overview
9.1.3 Products/Services Overview
9.1.4 Recent Developments
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial Overview
9.2.3 Products/Services Overview
9.2.4 Recent Developments
9.3 Honeywell Security Group
9.3.1 Company Overview
9.3.2 Financial Overview
9.3.3 Products/Services Overview
9.3.4 Recent Developments
9.4 Johnson Controls
9.4.1 Company Overview
9.4.2 Financial Overview
9.4.3 Products/Services Overview
9.4.4 Recent Developments
9.5 Matrix Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Overview
9.5.3 Products/Services Overview
9.5.4 Recent Developments
9.6 Schneider Electric
9.6.1 Company Overview
9.6.2 Financial Overview
9.6.3 Products/Services Overview
9.6.4 Recent Developments
9.7 Seico Security
9.7.1 Company Overview
9.7.2 Financial Overview
9.7.3 Products/Services Overview
9.7.4 Recent Developments
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Overview
9.8.3 Products/Services Overview
9.8.4 Recent Developments
9.9 STANLEY Security
9.9.1 Company Overview
9.9.2 Financial Overview
9.9.3 Products/Services Overview
9.9.4 Recent Developments
9.10 Tyco International plc
9.10.1 Company Overview
9.10.2 Financial Overview
9.10.3 Products/Services Overview
9.10.4 Recent Developments
List of Tables
Table 1 Global Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 2 Global Hospital Security Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 3 Global Hospital Security Systems Hardware Market Revenue, By Geography, 2014-2021 ($Million)
Table 4 Global Hospital Security Systems Software Market Revenue, By Geography, 2014-2021 ($Million)
Table 5 Global Hospital Security Systems Services Market Revenue, By Geography, 2014-2021 ($Million)
Table 6 Global Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 7 Global Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 8 Global Video Surveillance & Analytics Market Revenue, By Product, 2014-2021 ($Million)
Table 9 Global Access Control Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 10 Global Card-based Access Control Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 11 Global Card-based Access Control Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 12 Global Proximity Cards & Readers Market Revenue, By Geography, 2014-2021 ($Million)
Table 13 Global Smart Cards & Readers Market Revenue, By Geography, 2014-2021 ($Million)
Table 14 Global Biometrics Market Revenue, By Product Type, 2014-2021 ($Million)
Table 15 Global Biometrics Market Revenue, By Geography, 2014-2021 ($Million)
Table 16 Global Intrusion Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 17 Global Fire Alarm Control Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 18 Global Metal, Explosive Detectors & X-ray Screening Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 19 Global Infant Security System Market Revenue, By Geography, 2014-2021 ($Million)
Table 20 Global Other Hospital Security Systems Market Revenue, By Geography, 2014-2021 ($Million)
Table 21 North America: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 22 North America: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 23 North America: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 24 North America: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 25 Europe: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 26 Europe: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 27 Europe: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 28 Europe: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 29 Asia: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 30 Asia: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 31 Asia: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 32 Asia: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 33 Rest of the World: Hospital Security Systems Market Revenue, By Component, 2014-2021 ($Million)
Table 34 Rest of the World: Hospital Security Systems Market Revenue, By Product, 2014-2021 ($Million)
Table 35 Rest of the World: Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
Table 36 Rest of the World: Biometric Access Control Systems Market Revenue, By Type, 2014-2021 ($Million)
