Global Healthcare Cybersecurity Market Size Projected To Grow And Reach Over USD 79.66 Billion by 2032
The global Healthcare Cybersecurity market size accrued earnings worth approximately USD 17.32 Billion in 2023 and is predicted to gain revenue of about USD 79.66 Billion by 2032, is set to record a CAGR of nearly 18.60% over the period from 2024 to 2032.
The healthcare cyber security market includes the implementation of cyber security solutions & services by healthcare companies to protect their hospital & patient data from cyber-attacks and data breaches. The service segment comprises of end-user expenditure on consulting, risk assessment, designing & integration, and training. The global market is anticipated to lay a strong base of flourishing growth on the rising needs of network security, which is a type of IT security extensively sought by healthcare firms. Access control and DDoS (distributed denial-of-service) mitigation are some of the extremely sophisticated kinds of network security solutions that guarantee protection. Surprisingly, the end-user expenses on these solutions are predicted to persist witnessing a surge owing to its mounting awareness.
Some of the leading players in the market are IBM Corporation; Cisco Systems, Inc.; Palo Alto Networks, Inc.; MacAfee, Inc.; Lockheed Martin Corporation; Symantec Corporation; Northrop Grumman Corporation; FireEye, Inc.; and Kaspersky Lab.
Increasing Healthcare Cyber-Attacks Cases To Stimulate The Global Healthcare Cyber Security Market
The augmenting cases of healthcare cyber-attacks are likely to positively influence the healthcare cyber security market in the future. Medical data is shared on an extensive network and can be easily hacked through ransomware & malware. Consequently, to enhance data security, healthcare experts implement updated cyber security solutions that will intensify industrial growth during the forecasted period. Technological developments in healthcare cyber security solutions will fuel market growth in the upcoming years. The prominent players are focusing on introducing improvements in cyber security software that aids in presenting commendable security for the medical including scientific data. Earlier, developed software proved to be less competent and turned outmoded. But, the lately introduced healthcare cyber security software is competent and imparts utmost security that enables the data exchange process on large networks. Nevertheless, the high cost of cyber security solutions can limit market growth to some scale.
The global healthcare cyber security market is bifurcated on the basis of type, security type, and regional analysis. Based on the type, the market is divided into solutions and services. Based on the security type, the market is divided into cloud security, application security, endpoint security, content security, wireless security, and network security.
The North America Region Registered Largest Share In The Global Healthcare Cyber Security Market
Based on geographical analysis, the global healthcare cyber security market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region held the major share of the market accompanied by Europe in 2014, owing to the presence of highly advanced medical & healthcare infrastructure, high expenditure on the healthcare data technology, existence of the leading pharmaceutical & medical devices organizations in the region and administrative initiatives, which have resulted in the growth of the global healthcare cyber security market.
Browse the full “Healthcare Cybersecurity Market — By Type (Solutions and Services), By Security Type (Cloud Security, Application Security, Endpoint Security, Content Security, Wireless Security, and Network Security), And By Region — Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019–2025.” Report at https://www.zionmarketresearch.com/report/healthcare-cybersecurity-market
Key participants profiled in the study include
- Northrop Grumman
- Symantec
- IBM
- Cisco
- MacAfee & Edwards
- Lockheed Martin
- Palo Alto Networks
- FireEye, Inc.
- Kaspersky Latinoamérica
- Attivo Networks®, a SentinelOne Company
- Censornet
- Exabeam
- ICYBER-SECURITY TRAINING ACADEMY LTD
- Threat Stack, Inc
- TraceSecurity
- Zenedge (Acquired by Oracle)
- Anomali
- Centripetal l Networks
- Flashpoint
- ProtectWise, Inc. (Acquired by Verizon)
- Sqrrl
- Shape Security
- VECTRA NETWORKS UK LIMITED
- Agio
- CyberSurance
- Delta Risk
- ITEGRITI Corporation
- Security Risk Advisors
- SERA BRYNN
- VigiTrust
The global healthcare Cybersecurity market is segmented as follows:
By type:
- Services
- Solutions
By security type:
- Content Security
- Endpoint Security
- Application Security
- Cloud Security
- Network Security
- Wireless Security
By region:
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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