The global healthcare cyber security market is estimated to be valued at US$ 9,258.5 million in 2021 and is expected to exhibit a CAGR of 14.2% over the forecast period (2021-2028).
Figure 1. Global Healthcare Cyber Security Market Value (US$ Mn), by Region, 2020
Figure 2. Global Healthcare Cyber Security Market Share, By Type, 2020
Key Takeaways of the Graph:
Market Trends
In the recent past, the U.S. Government has made certain changes to its cybersecurity regulations and proposals, in order to safeguard against cyber-attacks. For instance, in 2015, the U.S. government amended its “2011 Cyber Security Legislative Proposal”, majorly concentrating on three essential objectives such as improved communication between private and government sectors, the establishment of national data breach notification statute, and boosting law enforcement department’s ability to fight cybercrime. Moreover, increasing number of cyber-attacks, especially in the U.S., has resulted in increased awareness among healthcare organizations regarding enhancement of cybersecurity measures.
Cloud data security solutions are gaining popularity in Latin America at a rapid pace. This is owing to increased digitization initiatives across hospitals and pharmacies. For instance, in 2015, Paraguayan Ministry of Health announced plans to invest US$ 100,000 in digitization of the healthcare sector across the nation.
Healthcare Cyber Security Market Report Snapshots
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