Rise in number of cyber-attacks and increase in demand for cloud services drive the growth of the global healthcare cyber security market. Furthermore, regulatory and government policies that encourage the healthcare business to strengthen its security standards have a favorable impact on the growth of the healthcare cyber security market. Rise in digital dependence and industry 4.0 trends present new opportunities in the coming years. The global healthcare cyber security market generated $12.85 billion in 2020, and is projected to reach $57.25 billion by 2030, manifesting a CAGR of 16.3% from 2021 to 2030.
Major industry players such as – Palo Alto Networks, Inc., Northrop Grumma Corporation, Symantec Corporation, Sensato Investors, Cisco Systems, Inc., IBM Corporation, FireEye, Inc., Lockheed Martin Corporation, Kaspersky Lab, and MACAFEE, INC.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 at: https://www.alliedmarketresearch.com/request-sample/2268
The report offers detailed segmentation of the global healthcare cyber security market based on component, security type, and region.
Based on component, the solution segment contributed to the largest market share in 2020, accounting for around two-thirds of the total share, and is projected to continue its lead position during the forecast period. However, the service segment is projected to grow at the highest CAGR of 17.8% from 2021 to 2030.
Based on region, North America held the highest share in 2020, contributing to nearly around one-third of the total share. However, Asia-Pacific is expected to portray the fastest CAGR of 17.8% during the forecast period and is estimated to dominate the market share in terms of revenue by 2030.
Based on security type, the network security segment accounted for the largest share in 2020, holding more than two-fifths of the global healthcare cyber security industry, and is projected to maintain its leadership status throughout the forecast period. However, the application security segment is estimated to manifest the highest CAGR of 17.8% from 2021 to 2030. The report also includes an analysis of device security segment.
- More than ever before, healthcare professionals need to protect their medical equipment and information nowadays. The rise of IoT and cloud devices in the healthcare business has increased the potential of a cyber-attack during the pandemic.
- The demand for healthcare cyber security solutions is growing as the threat landscape widens and hackers develop incredibly advanced tools and techniques to target healthcare firms, get data access, and hold data and networks for ransom (ransomware attacks).
The Healthcare Cyber Security Market in the APAC region is experiencing growth due to increasing concerns about data privacy and security in the healthcare sector. Some of the latest trends in this market include:
- Cloud Adoption: With the rise of cloud technology, healthcare organizations are adopting cloud-based solutions to store and manage their sensitive data, which is leading to increased demand for cloud-based cyber security solutions.
- Increase in Cyber Attacks: The increasing number of cyber attacks targeting healthcare organizations is driving the need for advanced cyber security solutions that can detect and prevent such attacks.
- Investment in IoT Security: The rise of Internet of Things (IoT) devices in the healthcare sector is leading to increased investment in IoT security solutions.
- Implementation of Regulatory Compliance: Governments in the APAC region are implementing strict regulations to protect patient data, which is leading to increased demand for cyber security solutions that help healthcare organizations comply with these regulations.
- Overall, the Healthcare Cyber Security Market in the APAC region is expected to grow significantly in the coming years, driven by increasing cyber security threats and the need for secure and compliant data management in the healthcare sector.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
205, Portland, OR 97220
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060