The healthcare industry is the fastest growing industry in the world, with its revenues expected to grow by double digits annually. This growth has led to an increased need for healthcare Cyber Security in the U.S. Healthcare Cyber Security is a rapidly evolving field with new challenges presented by an aging population and continual advancements in medical technologies. Healthcare organizations are constantly striving to stay one step ahead of the threat from cybercriminals and a compromised patient's electronic health records. Healthcare organizations have developed several strategies to reduce the risks posed by cyber-attacks. In the past several years there has been a focus on education and awareness campaigns to make the workforce more aware of the vulnerabilities. It is essential for employers to take action against cyber threats and implement effective security measures to reduce the impact of cyber-attacks and maintain the privacy and confidentiality of patient records.
Market Dynamics
Rising expenditure in the healthcare sector is expected to boost growth of the global healthcare cyber security market during the forecast period. The healthcare industry has expanded massively with many countries increasing their healthcare budget, in order to provide adequate healthcare services. According to the World Bank, the healthcare expenditure in the U.K. reached 9.997% of its GDP in 2018, increasing from 9.166% in 2008.
Furthermore, growing cyber security awareness across the healthcare sector is expected to accelerate growth of the global healthcare cyber security market in the near future.
Key features of the study:
- This report provides in-depth analysis of the healthcare cyber security market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global healthcare cyber security market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include IBM Corporation, Lockheed Martin Corporation, Cisco Systems, Inc., Northrop Grumman Corporation, Intel Security Group (McAfee), CA, Inc., Booz Allen Hamilton Inc., Computer Sciences Corporation, Symantec Corporation, and Trend Micro Incorporated
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global healthcare cyber security market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global healthcare cyber security market
Detailed Segmentation:
- Global Healthcare Cyber Security Market, By Type:
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- Solution
- Risk and Compliance Management
- Identity and Access Management
- Data Loss Protection
- Intrusion Detection System (IDS)/Intrusion Prevention System (IPS)
- Security Information and Event Management (SIEM)
- Unified Threat Management
- Others
- Service
- Managed Security Services
- Deployment & Integration
- Support & Maintenance
- Global Healthcare Cyber Security Market, By Security Type:
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- Network Security
- Application Security
- Endpoint Security
- Cloud Security
- Content Security
- Wireless Security
- Global Healthcare Cyber Security Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- IBM Corporation *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Lockheed Martin Corporation
- Cisco Systems, Inc.
- Northrop Grumman Corporation
- Intel Security Group (McAfee)
- CA, Inc.
- Booz Allen Hamilton Inc.
- Computer Sciences Corporation
- Symantec Corporation
- Trend Micro Incorporated
*Browse all the market data tables and figures on “Global Healthcare Cyber Security Market- Forecast to 2028”