Healthcare Cyber Security Market
Healthcare cybersecurity has been growing at a rapid pace over the last
few years. Cyberattacks in the healthcare industry is one of the primary
factors causing a significant loss to the industry. In the last few years,
hacking into information and information technology (IT) security breaches have
risen at a steady rate, and many healthcare organizations have struggled to
prevent their data from cybercrime.
Healthcare
Cyber Security Market Trends is expected to register a CAGR of 11.82% during
the forecast period, with a market value of USD 16,393.15 Million till
2025.
The primary vital factors driving the market growth are the increasing
cyberattacks in the healthcare industry, regulatory and government norms to
protect patient data, and the growing implementation of mobile device
applications and platforms and increased use of Internet of things (IoT)
devices in the healthcare sector. However, factors such as lack of adoption of
updated software and limited awareness about cybersecurity healthcare are
likely to hamper the market growth during the forecast period.
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Major Key
Players:
MRFR recognizes the following companies as
the Key Players in the Global Healthcare Cyber Security Market—Cisco
Systems, Inc. (US), IBM (US), McAfee, LLC (Canada), Symantec Corporation (US),
FireEye, Inc. (US), Palo Alto Networks, Inc. (US), DXC Technology Company (US),
Trend Micro Incorporated (Japan), Booz Allen Hamilton Inc. (US), and SENSATO
CYBERSECURITY SOLUTIONS (US).
Segment Analysis
The Global Healthcare Cyber Security Market has been
segmented into threat type, solution type, and end user. By threat type, the
market has been segmented into distributed denial-of-service (DDOS), malware,
advanced persistent threat (APT), and others. Based on solution type, the
global healthcare cybersecurity market has been segregated into risk and
compliance management, antivirus and antimalware, security information and
event management (SIEM), DDOS mitigation, identity and access management, and
others.
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Regional Analysis
The Global Healthcare Cyber
Security Market, based on region, has been divided into the Americas, Europe,
Asia-Pacific, and the Middle East & Africa.
The Americas are expected to hold
the largest share of the global healthcare cybersecurity market. This is owing
to the increasing case of data breaching, rising cyberattacks on pharmaceutical
companies, and healthcare facilities are boosting the market growth in this
region.
The Europe market holds the
second-largest position in the global healthcare cybersecurity market due to
the high spending on healthcare IT, the presence of a large number of
pharmaceutical companies, and innovation of new software to protect the
healthcare data boosts the market growth in this region.
Asia-Pacific is estimated to be
the fastest-growing region owing to the rapid development in technology, and
the presence of enormous opportunities for the development of the market drives
the growth of the Asia-Pacific healthcare cybersecurity market.
The healthcare cybersecurity
market in the Middle East & Africa accounts for the least market share due
to the adequate healthcare infrastructure support accounted for a relatively
smaller market share in 2018.
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