Healthcare Cyber Security Market Technological Synthesis and Professional Outlook 2020- 2025

Healthcare Cyber Security Market is expected to register a CAGR of 11.82% to reach USD 16,393.15 Million till 2025.

Healthcare Cyber Security Market Research by Threat Type (Malware, Distributed Denial-Of-Service (DDOS), Advanced Persistent Threat (APT) and others), By Solution Type (Antivirus and Antimalware, Risk and Compliance Management, Security Information and Event Management (SIEM), DDOS Mitigation, Identity and Access Management and others), By End User (Hospitals and Clinics, Pharmaceuticals and Biotechnology Industries, Health Insurance Companies, Medical Devices Companies and others) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa), Industry Size, Technology Enhancements, Global Industry Share, Rising Trends and  Future Growth Predictions - Forecast till 2025.

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Market Overview

Healthcare cyber security has become ever more important in recent years due to the increasing adoption of digital healthcare record systems in healthcare agencies. Digital resources are now widely used for patient data collection and storage. This leaves healthcare agencies open to attacks from cyber criminals, who may look to steal the personal data of patients and make use of the data itself or even hold the hospital ransom for returning the data.

growing cases of cyber-attacks, increased cases of data leaks in the organizations Trends held a market value by Technology, Application and Growth Analysis. Since hospital records may contain confidential financial as well as personal information of patients such as addresses and phone numbers, credit card details, and more, healthcare cyber security has become a vital issue.

Major Market stockholder’s:

Major players in the global healthcare cyber security market are likely to focus on product development in the coming years, as developing strong cybersecurity suites is likely to remain a viable strategy in the market over the coming years.

Some of the Leading players in the global healthcare cyber security market include –

IBM (US)

Cisco Systems Inc. (US)

McAfee LLC (Canada)

Symantec Corporation (US)

FireEye Inc. (US)

Palo Alto Networks Inc. (US)

SENSATO CYBERSECURITY SOLUTIONS (US)

Trend Micro Incorporated (Japan)

DXC Technology Company (US)

Booz Allen Hamilton Inc. (US)

and Others.

Increasing the functionality of cyber security products and integrating AI and big data management into the products is likely to be a key direction for major players in the global healthcare cyber security market.

13 List of Tables

TABLE 1 LIST OF ASSUMPTIONS

TABLE 2 GLOBAL HEALTHCARE CYBER SECURITY MARKET, BY THREAT TYPE, 2016–2025 (USD MILLION) 35

TABLE 3 GLOBAL HEALTHCARE CYBER SECURITY MARKET FOR MALWARE, BY REGION, 2016–2025 (USD MILLION)

TABLE 4 GLOBAL HEALTHCARE CYBER SECURITY MARKET FOR DISTRIBUTED DENIAL-OF-SERVICE (DDOS), BY REGION, 2016–2025 (USD MILLION)

TABLE 5 GLOBAL HEALTHCARE CYBER SECURITY MARKET FOR ADVANCED PERSISTENT THREAT (APT), BY REGION, 2016–2025 (USD MILLION)

TABLE 6 GLOBAL HEALTHCARE CYBER SECURITY MARKET FOR OTHERS, BY REGION, 2016–2025 (USD MILLION)

TABLE 7 GLOBAL HEALTHCARE CYBER SECURITY MARKET, BY SOLUTION TYPE, 2016–2025 (USD MILLION)

TABLE 8 GLOBAL HEALTHCARE CYBER SECURITY MARKET FOR ANTIVIRUS AND ANTIMALWARE, BY REGION, 2016–2025 (USD MILLION)

Continued…

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The growing awareness about the need for healthcare cyber security has driven significant effort within the healthcare sector as well as regulators to enable strong protection for healthcare data. Growing government support to digitization of the healthcare sector is likely to remain a key driver for the healthcare cyber security market over the forecast period.

Market Segmentation:

The global healthcare cyber security market is segmented on the basis of threat type, solution type, end use, and region.

By threat type, the global healthcare cyber security market is segmented into malware, spyware, distributed denial of service, advanced persistent threats, and others.

By solution type, the global healthcare cyber security market is segmented into antivirus and antimalware, identity and access management, risk and compliance management, DDoS mitigation, security information and event management, and intrusion detection/prevention systems.

By end use, the global healthcare cyber security market is segmented into pharmaceutical and biotech industries, medical device manufacturers, health insurance companies, hospitals and clinics, and others.

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The increasing adoption of digital resources in the healthcare sector is likely to increase the need for cyber security resources in the healthcare sector over the forecast period. Growing adoption of digital resources in patient information management, data-driven decision making, and other arms of the healthcare sector is likely to be a major driver for the healthcare cyber security market over the forecast period. According to the HIPAA Journal, July 2019 was the worst month for healthcare data breaches, with 50 breaches being reported. These breaches collectively affected almost 35 million individuals, making them a considerable threat to privacy and freedom. This has driven government action into safeguarding digital resources in the healthcare sector, which is likely to remain a key driver for the healthcare cyber security market over the forecast period.

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