Recent Changes at Healthcare Cybersecurity Market Scope, Industry Trends & Revenue Models | Top Key players: Symantec Corporation (SYMC), FireEye Inc. (FEYE), Trend Micro Incorporated (TYO: 4704) and Palo Alto Networks Inc. (PANW)

Research Nester released a report titled “Healthcare Cybersecurity Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global healthcare cybersecurity market in terms of market segmentation by threat, by security, by solution, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Cybersecurity in the healthcare industry is required in order to protect data from data breaches in organizations such as hospitals and pharmaceutical companies. The market for healthcare cybersecurity is estimated to witness a significant CAGR of around 16% during the forecast period, i.e., 2019-2027.

The market is segmented by threat, by security, by solution, by end user and by region. On the basis of threat, the market is further segmented into malware, ransomware, distributed denial-of-service [DDoS] and others, out of which, the ransomware segment is anticipated to hold the leading share of the market on account of rising incidences of ransomware attacks that are directed towards healthcare institutions.

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The market in North America is anticipated to retain the largest share in healthcare cybersecurity market as a result of growing cases of data violation in the region. In addition to this, the presence of highly developed healthcare infrastructure and growing expenditure on healthcare cybersecurity measures are also estimated to propel the market growth in this region.

The market in Asia Pacific region is anticipated to grow at a significantly high rate during the forecast period. This can be attributed to the increasing awareness among people about cybersecurity in the healthcare sector. The growing improvements in healthcare infrastructure in developing nations such as China, India and Japan is another notable factor supporting the market growth.

Rising Investments In Healthcare Cybersecurity To Drive The Market Growth

Investments and expenditure on cybersecurity in the healthcare industry is an emerging trend in the market. This is a result of growing adoption of cybersecurity programs by the industry so as to protect the patient records and prevent any data theft.

On the other hand, the lack of skilled cybersecurity professionals who are required to develop efficient cybersecurity software and solutions is estimated to restrain the market growth.

This report also provides the existing competitive scenario of some of the key players of the global healthcare cybersecurity market which includes company profiling:

Cisco Systems Inc. (CSCO),

McAfee LLC,

IBM (IBM),

Northrop Grumman Corporation (NOC),

Symantec Corporation (SYMC),

FireEye Inc. (FEYE),

Trend Micro Incorporated (TYO: 4704),

Palo Alto Networks Inc. (PANW),

Sensato and DXC Technology Company (DXC).

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global healthcare cybersecurity market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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This release was published on openPR.